Frequently Asked Questions
The global Europe Electric Two-Wheeler Market was valued at USD 18.9 Billion in 2022.
The Europe Electric Two-Wheeler Market is expected to grow at a CAGR of 24.20% between 2023 and 2030, reaching USD 86.1 Billion in 2030.
Lithium-ion batteries are widely used in the European electric bike market, accounting for more than 60% of the market.
The less than 3.6kW segment contributes to the rest of the demand for Europe electric two-wheelers.
During the projection period, the hub motor segment is expected to increase at the fastest CAGR
German has the largest market for Europe electric two-wheelers in 2022.
The top players include Energica Motor Company S.p.A., Yamaha Motor Co., Ltd., Niu Technologies, Riese & Müller GmbH, Leon Cycle. Other major players include Leon Cycle, Govecs AG, and Walberg Urban Electrics GmbH.
The adoption of legislation to encourage the use of electric bicycles, as well as increased interest in cycling as a recreational and fitness activity, is the major market driver.
E-bikes are costly, and there are concerns regarding regulatory compliance and safety are the major market restraints.
Improvements in infrastructure and battery technology, as well as an increase in demand for e-commerce platforms, are the major opportunities in the Europe electric two-wheeler industry.