EUROPE E-BIKE MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029
E-Bike Market Analysis in Europe
The market for e-bikes in Europe is anticipated to grow at a CAGR of 4.75%.
Largest category by Propulsion Type - Pedal Assisted: Due to considerations like time savings, cost advantages, and simple rides, countries like Germany and France use pedal-assisted bikes widely, making pedal assisted the largest category.
Largest Segment by Application Type - City/Urban: Cities and suburbs in Europe have designated bike lanes. E-bikes are being used by courier services to deliver packages, and people are employing bicycles for daily commuting, both of which are contributing to the expansion of the city/urban segment.
Largest Battery Type Segment: Lithium-ion Battery The use of lithium batteries is rising, further cementing Li-ion's position as the most common battery type. Some of these reasons are long-range capabilities, quicker charging times, longevity, high power in compact sizes, and lightweight.
The largest nation is Germany: Due to increased vehicle electrification, strict government regulations, and rising consumer interest in greener transportation, Germany has the greatest percentage of e-bikes.
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