The E-bike market in Europe will witness an incremental growth of 2.35 million units during 2020-2024, according to the latest pandemic recovery-based research report by Technavio. Factors such as imposition of worldwide lockdowns have partially halted operations and affected supply chains and logistics. This has further impacted economies around the globe, resulting in an overall slowdown during 2020. However, businesses are gradually carving out unique pathways to recover from the COVID-19 crisis. With the exemption of lockdowns, growing incorporation of active social distancing and remote working, and surging entries of players in digital marketplaces, various industry and market conditions are likely to improve by early 2021.
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Technavio has announced its latest market research report titled E-bike Market in Europe 2020-2024 (Graphic: Business Wire)
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COVID-19 Highlights
- Consumer Discretionary industry will have Negative impact due to the pandemic
- E-bike market in Europe is expected to witness Negative growth during 2020-2024
- Consumer Discretionary Industry will witness Indirect impact during the forecast period
- E-bike market growth in Europe is likely to Increase in 2020 compared to 2019 due to Positive YOY
Markets across the globe have faced the economic wrath of the pandemic and are dealing with uncertainties by banking on the online marketspace to reach out to a wider target audience. This E-bike market in Europe research report encompasses all possible factors expected to drive the market growth and create opportunities for all the stakeholders in the supply chain. View detailed E-bike market in Europe insights here: https://www.technavio.com/report/e-bike-market-in-europe-industry-analysis
Key E-bike Market in Europe Research Findings
- A CAGR of over 12% is expected to be recorded in E-bike market in Europe during 2020-2024
- Demand for eco-friendly transportation will boost the E-bike market growth in Europe
- Increased demand for personalized or customized medical devices will have a positive impact on the E-bike market in Europe
- Higher cost of E-bikes compared to conventional bicycles is likely to create hindrance for the E-bike market in Europe
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E-bike Market in Europe Market Vendor Participation Scenario
- Market is Fragmented
- Several leading companies in the market are focusing on restoring their economic activity
- Vendors are concentrating on growth prospects from fast-growing segments while retaining their positions in slow-growing segments.
- Prominent E-bike market players in Europe are : Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH & Co. KG, Giant Manufacturing Co. Ltd., Klever Mobility Europe GmbH, LEADER Ltd., Riese & Müller GmbH, Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electric Vehicle Co. Ltd.
With more companies navigating the pandemic gradually, this research analysis can be personalized to create a recovery path for the market participants. Try out our $1000 Worth Free Report Customization by Speaking to our Analyst or Industry Expert
Key Considerations for Market Forecast
- Products and services used to manage or contain the spread of COVID-19 virus
- Products and services used for the treatment of COVID-19 virus
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, base case, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- and post-COVID 19 market estimates
- Quarterly impact analysis as the spread reaches global level and updates on market estimates
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Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Pedelecs – Market size and forecast 2019-2024
- S-pedelecs – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Technology
- Market segments
- Comparison by Technology placement
- Lithium-ion battery – Market size and forecast 2019-2024
- Sealed lead acid battery – Market size and forecast 2019-2024
- Market opportunity by Technology
Market Segmentation by Platform
- Market segments
- Comparison by Platform placement
- Urban e-bikes – Market size and forecast 2019-2024
- Trekking e-bikes – Market size and forecast 2019-2024
- eMTBs – Market size and forecast 2019-2024
- Cargo e-bikes – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Platform
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Germany – Market size and forecast 2019-2024
- The Netherlands – Market size and forecast 2019-2024
- Belgium – Market size and forecast 2019-2024
- Rest of Europe – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Accell Group NV
- BH BIKES EUROPE SL
- Derby Cycle Holding GmbH
- Georg Fritzmeier GmbH & Co. KG
- Giant Manufacturing Co. Ltd.
- Klever Mobility Europe GmbH
- LEADER Ltd.
- Riese & Müller GmbH
- Yamaha Motor Co. Ltd.
- Zhejiang Luyuan Electric Vehicle Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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