The market for electric bicycles in Europe is projected to grow between 2023 and 2029. The market segment for speed pedelecs is expected to experience the strongest growth with a compound annual growth rate of 5.05 percent. Meanwhile, e-bikes with pedal or throttle assist are expected to experience a slightly lower compound annual growth rate of just under five percent.
Projected compound annual growth rate of the Europe e-bike market from 2023 to 2029, by propulsion type
Characteristic
Compound annual growth rate
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Mordor Intelligence. (April 28, 2023). Projected compound annual growth rate of the Europe e-bike market from 2023 to 2029, by propulsion type [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1381059/europe-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence. "Projected compound annual growth rate of the Europe e-bike market from 2023 to 2029, by propulsion type." Chart. April 28, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1381059/europe-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence. (2023). Projected compound annual growth rate of the Europe e-bike market from 2023 to 2029, by propulsion type. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1381059/europe-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence. "Projected Compound Annual Growth Rate of The Europe E-bike Market from 2023 to 2029, by Propulsion Type." Statista, Statista Inc., 28 Apr 2023, https://www.statista.com/statistics/1381059/europe-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence, Projected compound annual growth rate of the Europe e-bike market from 2023 to 2029, by propulsion type Statista, https://www.statista.com/statistics/1381059/europe-e-bike-market-cagr-by-propulsion-type/ (last visited July 03, 2024)
Projected compound annual growth rate of the Europe e-bike market from 2023 to 2029, by propulsion type [Graph], Mordor Intelligence, April 28, 2023. [Online]. Available: https://www.statista.com/statistics/1381059/europe-e-bike-market-cagr-by-propulsion-type/