Europe E-Bike Market Top Key players - Riese & Muller, BMW, Focus, Kalkhoff, Haibike, Gazelle, Specialized

KEY FINDINGS
1. The e-bike industry in Europe was rapidly growing in recent years but 2021 is expected to set a record in volume expansion and turnover growth

2. The European e-bike market is expected to expand by almost 50% in 2030.On considering the present supply chain problems, The e-bike market requires substantial investments for components mass production as well as assembly capacities in near future.

3. The Europeans are expected to buy 10 million extra e-bikes by 2030.which will result in annual market volume of 30 million units. It will push the e-bike sales twice more as compared to the number of passenger cars currently registered per year in the EU.

4. The positive growth of the e-bike market is also making huge developments in technology. The connected e-bike is one such advancement, where e-bikes are implemented with new features of transferring data from the cloud with the help of SIM module

Due to the current COVID-19 situation, European people are mostly avoiding public transportation. The e-bikes are a safe, convenient and affordable alternative to public transportation. On comparison to other transportations, e-bikes are easy to charge and do not require additional investments for supportive infrastructure. And this gonna be a major advantage to boost the sales of e-bike in the europe.

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The two most important challenges in the e-bike market were motor and battery. The motor provides the force and battery helps to store as well as supplies the power. One of the key challenges faced by e-bike manufacturers was controlling the motor speed and torque across the wide range of speeds and loading conditions.
The e-bike manufacturers had to increase their research capabilities on providing functionality and intelligence in e-bike that would be capable of operating with smartphones as well as tablets with a minimum amount of battery power.

The majority of European bike manufacturers were shifting their technology hub to mid motors due to its advantages, Such as smaller size, lighter weight, lesser noise and seamless integration with bike frames.

EUROPE E-BIKE MARKET CONSUMER PROFILE

The several e-bike models are available in european market and they were targeted the entire range from 16 years old riding 24 eMTB bulls or 80+ old riding a ultra-low step frame. The e-bikes products were mainly categorized into on or off roads. On road bikes are city, commuter, cross over, folder and cargo e-bike.The off road models are hard trail or full suspension mountain bikes, or eMTBs.

EV BATTERY TECHNOLOGY GROWTH IN EUROPE
The lithium-ion market in Europe is rapidly growing in Europe and predicted to generate 250 billion euros by 2025.Due to the rapid global spotlight on sustainability, the industries and customers alike are ramping up their efforts to reduce emissions by opting for clean green energy.

The European countries accounted for only 1% in production of lithium-ion batteries. The domestic battery value chain helps manufacturers gain more control over the supply chains.

MAJOR GROWTH DRIVERS OF EUROPEAN E-BIKE MARKET DURING THE FORECAST PERIOD
1.Rising demand for e-bike sharing services
2.Governement regulations on ICE vehicles
3.Development of charging infrastructure
4.Increasing investments in E2W market


5 C’S OF E-BIKE MARKET
The 5 C’s of e-bike market create a high impact on below areas
1.Companies
2.Collaborators
3.Customer’s
4.Competitors
5.Climate


COMPETITIVE LANDSCAPE
Bosch is one of the key players in e-bike market on offering connected e-bike solutions. The smartphone hub by bosch can connect e-bike to a smartphone and support the riders on analyzing their before and after journey. It had also developed the lock premium function which transforms the kiox connected onboard computer into the key for the greater security. The nyon feature from bosch helps to analyse the riders performance and energy consumption.

The cowboy’s company e bikes cost 2,290 euros, are linked to the APP and that is used to unlock the bike plus helps to know the real time information on speed, battery life and directions. Unlike other startups, Dance had launched the subscription-based service which costs 59 euros. And it gives customer’s access to an e-bike within 24 hours of them signing up via the company’s app.

EUROPE E-BIKE MARKET SEGMENTATION

Segmented By Product Type
1.E Bike
2.E Scooter
3.E Motorcycle


Segmented By Voltage
1.48V
2.60V
3.72V & Above

Segmented By Power
1.Less than 5KW
2.6-15KW
3.Greater than 15KW

Segmented By Battery Type
1.Lithium-Ion battery
2.Nickel metal hybrid
3.Lead acid battery

Segmented By Battery Technology
1.Removable battery
2.non-Removable battery

Segmented By Battery Current
1.Greater than 25Ah battery

KEY PLAYERS IN EUROPE E-BIKE MARKET
Riese & Muller
BMW
Focus
Kalkhoff
Haibike
Gazelle
Specialized
Stromer
Winora
Corratec

Read More Information: https://mobilityforesights.com/product/europe-e-bike-market/

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