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TMCNet:  E-bike Market in Benelux to grow by 887,810 Units| Driven by Declining Cost of Li-ion Batteries | Technavio

[November 17, 2021]

E-bike Market in Benelux to grow by 887,810 Units| Driven by Declining Cost of Li-ion Batteries | Technavio

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- The e-bike market size in Benelux is expected to increase by 887,810 units during 2020-2025, progressing at a CAGR of over 16% during the forecast period, according to Technavio.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, Bergamont Fahrrad Vertrieb GmbH, BIZBIKE BVBA, Georg Fritzmeier GmbH and Co. KG, Giant Manufacturing Co. Ltd., Klever Mobility Europe GmbH, QWIC, S CAPE, and Yamaha Motor Co. Ltd. are some of the major market participants. Although the declining cost of Li-ion batteries and health and environmental benefits associated with the use of e-bikes will offer immense growth opportunities, lack of adequate infrastructure will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Our e-bike market in Benelux report covers the following areas:

E-bike Market in Benelux 2021-2025 : Segmentation

E-bike Market in Benelux is segmented as below:

  • Technology
    • Lithium-ion Battery
    • Sealed Lead Acid Battery
  • Geography
    • The Netherlands
    • Belgium
    • Luxembourg

In terms of technology, the market witnessed maximum growth in the lithium-ion battery segment in 2020. The segment is driven by the better performance and efficiency of lithium-ion batteries compared to other battery types. Also, the high energy density and longer cycle times of lithium-ion batteries are contributing to the growth of the segment. By region, the market will register maximum growth in the Netherlands. The country currently holds 92% of the market share in Benelux.

Get highlights on the major revenue-generating segments and regions in Benelux by Downloading Our Free Sample Report

E-bike Market in Benelux 2021-2025: Scope

Technavio presents a detailed picture of the e-bike market in Benelux by the way of study, synthesis, and summation of data from multiple sources.

This study identifies the presence of government initiatives and availability of subsidies as one of the prime reasons driving the e-bike market in Benelux growth during the next few years.

E-bike Market in Benelux 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the E-bike Market in Benelux, including some of the vendors such as vendors. Backed with competitive intelligence and benchmarking, our research reports on the E-bike Market in Benelux are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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E-bike Market in Benelux 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist e-bike market growth during the next five years
  • Estimation of the e-bike market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the e-bike market in Benelux
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of e-bike market vendors

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E-bike Market in Europe - E-bike market in Europe is segmented by technology (lithium-ion battery and sealed lead acid battery), product (pedelecs and S-pedelecs), and geography (Germany, the Netherlands, France, and the rest of Europe), platform (urban e-bikes, trekking e-bikes, eMTBs, cargo e-bikes, and others).
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E-bike Market In Benelux Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16%

Market growth 2021-2025

887,810 units

Market structure

Fragmented

YoY growth (%)

14.42

Regional analysis

The Netherlands, Belgium, and Luxembourg

Performing market contribution

The Netherlands at 92%

Key consumer countries

The Netherlands, Belgium, and Luxembourg

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accell Group NV, Bergamont Fahrrad Vertrieb GmbH, BIZBIKE BVBA, Georg Fritzmeier GmbH and Co. KG, Giant Manufacturing Co. Ltd., Klever Mobility Europe GmbH, QWIC, S CAPE, and Yamaha Motor Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio


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