Europe E-Bike Market Forecast by 2033

Market Size in 2024: USD 6,056 Million
Market Forecast in 2033: USD 10,441.2 Million
Market Growth Rate 2025-2033: 6.2%

The Europe e-bike market reached USD 6,056 million in 2024 and is projected to expand to USD 10,441.2 million by 2033, growing at a CAGR of 6.2% during 2025-2033. This growth is driven by rising environmental concerns, favorable government incentives, and continuous advancements in battery and motor technologies.

Growth Drivers of the European E-Bike Market

Government Incentives and Supportive Regulations

European governments encourage e-bikes with grants, tax breaks and investments in bike lanes. For example, in France, up to €2000 is granted by the French government towards the purchase of an e-cargo or e-folding bike. Germany has invested a lot of bike lanes, bike charging points, and similar infrastructure to decrease the cost burden to consumers and create sustainable forms of mobility. The EU's broader goals are reducing climate change, reducing greenhouse gas emissions by 55% by 2030, and the EU Green Deal to make the EU climate neutral.

Rising Environmental Awareness and Urban Mobility Needs

With the growth of the urban population and resultant congestion, e-bikes are being used as a more sustainable alternative to the car for short to medium-distance adventures. The European Commission estimates the well-to-wheel CO2 equivalent emissions for this mode of transport at 14.8g CO2e/km. Environmentally conscious consumers like them because their impact on the environment is fairly low. The delivery and logistics industry is using cargo e-bikes to deliver goods the last mile in busy city centers. As a result, e-bikes are becoming an increasingly mainstream mode for transportation.

Technological Advancements in Battery and Motor Systems

Battery and motor technology experienced improvements. E-bikes became more appealing because of this. Lithium-ion batteries have a longer life, charge with greater speed and offer more range than batteries of the past. The introduction of improved battery and mid-drive motors and hub motors has also improved ride quality and efficiency. Newer e-bikes, such as the Cowboy and Decathlon models, have achieved new standards with torque sensors, Bluetooth, and long-range batteries, making e-bikes more reliable and easy to use, and extending their utility for both urban commuters and e-bike tourists travelling long distances across Europe.

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Europe E-Bike Market Segmentation

Analysis by Mode

  • Throttle
  • Pedal Assist

Analysis by Motor Type

  • Hub Motor
  • Mid Drive
  • Others

Analysis by Battery Type

  • Lead Acid
  • Lithium Ion
  • Nickel-Metal Hydride (NiMH)
  • Others

Analysis by Class

  • Class I
  • Class II
  • Class III

Analysis by Design

  • Foldable
  • Non-Foldable

Analysis by Application

  • Mountain/Trekking Bikes
  • City/Urban
  • Cargo
  • Others

Analysis by Country

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Top E-Bike Companies in Europe:

  • Giant Manufacturing Co. Ltd.
  • Kalkhoff Werke GmbH
  • Riese & Müller GmbH
  • Trek Bicycle Corporation
  • Yamaha Motor Co., Ltd.
  • Accell Group N.V.
  • Gazelle (Royal Dutch Gazelle)
  • Moustache Bikes
  • Gocycle

Europe E-Bike Market News

  • May 2024: Decathlon launched the Van Rysel E-GRVL AF MD, a non-foldable e-gravel bike with advanced features like a carbon fork and Bluetooth connectivity.
  • March 2024: Himiway introduced the A7 Pro e-bike designed for urban commuters in Europe.
  • March 2024: CityQ, a German startup, announced the launch of car-like e-bikes for cargo and passenger transport.
  • February 2024: FedEx Express Europe deployed e-cargo bikes for urban deliveries in Greater London.
  • November 2023: The EU passed a law mandating fast-charging facilities for EVs every 37 miles, indirectly supporting e-bike charging infrastructure.

Key highlights of the Report:

  • Market Performance (2019-2024)
  • Market Outlook (2025-2033)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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