Europe E-Bike Market Top Key Players - Riese & Muller, BMW, Focus, Kalkhoff, Haibike, Gazelle, Specialized, Stromer, Winora, Corratec
The two most important issues in the Europe e-bike market are the motor and the battery. The engine provides power, and the battery helps to both store and deliver energy. One of the key challenges faced by e-bike manufacturers is managing engine speed and torque over a wide range of speed and load conditions.
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The battery capacity of the e-bike needs to be used efficiently, and increasing the size of the battery will increase the battery performance and increase the weight of the e-bike. Therefore, it is important for battery manufacturers to select the appropriate battery capacity. In addition, consumers are very concerned about their technological devices such as smartphones and tablets.
EUROPE E-BIKE MARKET CONSUMER PROFILE
There are several e-bike models available in the European market that target the entire range, from 16-year-olds riding 24 eMTB bulls to 80+ riding an ultra-low frame. The products for electric bikes are mainly divided into road and off-road. Road bikes are city bikes, commuter bikes, crossover bikes, folding bikes and cargo bikes. The all-terrain models include sturdy mountain bikes, full-suspension mountain bikes, or eMTBs.
MAJOR GROWTH DRIVERS OF EUROPEAN E-BIKE MARKET DURING THE FORECAST PERIOD
• Rising demand for e-bike sharing services
• Governement regulations on ICE vehicles
• Development of charging infrastructure
• 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
The Europe E-Bike market is booming and remains a strong growth manager in an EU wheel market. The industry moved 20 years ago from an annual turnover from XX billion euros billion to nearly XX billion EUR in 2020, so that both employment and investment in the sector are constantly increasing. Ebikes currently represent around 17% of EU bike acquisitions in some countries up to 50%. E-Bikes sales generated 3.4 million units in 2020, and until 2030, the market is expected to be 13.5 million units sold annually.
The growth of the Europe E-Bike market also means qualifying courses for the European bicycle industry, as four to five jobs were generated for the production of E-bikes 1.00 per year. The European bicycle industry, including EBIKE manufacturers, components and the component industry, operates in 23 of the 27 EU Member States with 1.20,000 employees directly and indirectly over 900 small and medium-sized companies. With an annual turnover of 20 million bicycles in 2020, the industry also invests 1 billion euros per year in research and development.
EUROPE E-BIKE MARKET SEGMENTATION
Segmented By Product Type
• E Bike
• E Scooter
• E Motorcycle
Segmented By Voltage
• 72V & Above
Segmented By Power
• Less than 5KW
• Greater than 15KW
Segmented By Battery Type
• Lithium-Ion battery
• Nickel metal hybrid
• Lead acid battery
Segmented By Battery Technology
• Removable battery
• non-Removable battery
Segmented By Battery Current
• Greater than 25Ah battery
KEY PLAYERS IN EUROPE E-BIKE MARKET
• Riese & Muller
Read More Information: https://mobilityforesights.com/product/europe-e-bike-market/
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