Europe E-cargo bike Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Europe E-Cargo bike Market is segmented by Propulsion Type (Pedal Assisted and Throttle Assisted), Battery Type (Lead Acid Battery, Lithium-ion Battery, and Other Battery Types), and Geography (Austria, Belgium, France, Germany, Italy, Luxembourg, Netherlands, Poland, Spain, Switzerland, United Kingdom, and the Rest-of-Europe). The report offers the market size and forecasts in value (USD) for all the above segments.

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Europe E-Cargo Bike Market Size

Europe E-Cargo Bike Market Summary
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https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2018-2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Base Year For Estimation 2022
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Forecast Data Period 2024 - 2028
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Historical Data Period 2018 - 2021
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR 6.54 %
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Europe E-Cargo Bike Market Analysis

The Europe e-cargo bike market was valued at USD 10.78 billion and is anticipated to reach USD 17.90 billion, registering a CAGR of 6.54% during the forecast period.

  • The COVID-19 pandemic boosted the market for e-cargo bikes. Increased online shopping during the lockdown is expected to increase demand for electric cargo bikes. This was primarily due to an increase in e-cargo bike application areas, such as food delivery, shopping, grocery delivery, and last-mile delivery in e-commerce.
  • Over the long term, e-cargo bikes are a low-cost, environmentally friendly way to transport a wide range of goods. As, with the growing concern for preserving and sustaining the environment for future generations, protecting it poses a significant challenge for both society and governments around the world, particularly given the scarcity of natural resources and environmental concerns. Further, the cost of operating e-cargo bikes is significantly lower than that of conventional fuel-powered vehicles and even lower than that of small electric vans. Therefore, major players globally are investing in e-cargo bikes. 
  • For instance, in October 2022, Renault Trucks collaborated with Kleuster, a Lyon-based electric cargo bike manufacturer, to accelerate the production and distribution of the Freegônese-cargo bikes, all with the goal of decarbonizing professional mobility. These cargo bikes will be built at Renault Trucks' Vénissieuxplant and distributed throughout the manufacturer's European network. Renault Trucks will add last-mile delivery solutions to its electric vehicle lineup as a result of this collaboration.
  • Further, E-cargo bikes are an inexpensive and environmentally friendly way to transport a variety of goods. The cost of operating e-cargo bikes is significantly lower than that of conventional fuel vehicles and even lower than that of small electric vans. E-cargo bikes have very low transportation costs. The e-cargo bike sector is expected to attract players with strong support from governments around the world in terms of both policy and financing. 
  • For instance, in July 2022, Dott, a European micro-mobility company, announced a partnership with BAQME, a Dutch e-cargo bike-sharing company, to launch a first-of-its-kind service in the Belgian city of Ghent. Both companies will provide a fleet of e-bikes and e-cargo bikes to riders throughout the Belgian city as part of the service.

Europe E-Cargo Bike Market Trends

Increasing Demand for Eco-Friendly Transportation

  • Mobility plays a vital role in the current society. With the increasing concern for preserving and sustaining the environment for future generations, protecting it poses a great challenge for both society and governments worldwide, especially due to the increasing scarcity of natural resources and environmental concerns. As a result, to overcome the above-mentioned issues to some extent, increased adoption of e-cargo bikes is taking place and is expected to continue in the future.
  • With the continually growing health concerns due to the increasing emission levels, governments and international organizations worldwide are enacting stringent emission norms to reduce pollution levels. 
  • For instance, in August 2022, the French government doubled the financial incentive available to individuals who trade in their gasoline-powered automobiles for electric bikes, offering up to EUR 4,000 (USD 4270) per person. This monetary incentive is designed to encourage people to make the switch from polluting forms of transportation to cleaner and more ecologically friendly alternatives.
  • Additionally, the depletion of fossil fuel levels at an alarming rate has been creating concerns for sustainability for future generations. This factor is posing a huge challenge for governments and society. Further, benefits offered by an e-cargo bike include noiseless propulsion, space-saving, and an economic mode of transportation that ensures at least a degree of physical activity for the user, which can be viewed as a health benefit.
  • Several cities, like Mannheim, Heidelberg, Regensburg, Stuttgart, and others, promote e-bikes with different subsidies. For instance, in Stuttgart, the owner can swap a two-stroke motorcycle for an e-bike, for which the user is qualified for EUR 600 (USD 708) subsidy.
  • Moreover, they are also a great mode of transportation, especially for food delivery activities, as they offer a convenient mode of transportation combined with the suitability of an automobile. Moreover, these bikes allow consumers to navigate through rough terrains, which are otherwise difficult to navigate without an electric motor. These factors are making e-bikes popular globally.
  • Thus, the aforementioned factors are expected to help the market for e-cargo bikes grow in the European region.
Europe E-Cargo Bike Market: Sales Volume of Electric Bicycles in Europe in 2021, by Country

United Kingdom is the largest segment by Country

  • Over the past decade, the problem of daytime traffic congestion has grown in Europe due to an increase in delivery vehicles used by large companies that require supplies and an increase in online shopping. Thus, due to the problem of congestion, restaurants and retail chains are turning toward e-bikes and e-cargo bikes for their operations, mainly due to their increased average speed.
  • During the forecast period, the UK is expected to see significant growth in the e-cargo bike market. The e-bike sales in the United Kingdom rose sharply due to the COVID-19 pandemic, and new government rules to make electric bikes affordable added attractiveness to the e-cargo bike market as well. Many cycle businesses have dedicated a major portion of their inventory to e-bikes. Therefore, major e-commerce companies are also investing in e-cargo bikes for delivery purposes. 
  • For instance, in July 2022, Amazon introduced a fleet of e-cargo bikes and a team of on-foot delivery personnel to replace thousands of van deliveries on London's roads. These e-cargo bikes, resembling regular pedal bikes but equipped with a large box, platform, or basket built into the frame for transporting goods, are now actively operating. This move is seen as a positive step for the environment and congestion on the city's roads.
  • Urban freight transport accounts for approximately 10 to 15% of all miles traveled in cities and is frequently the most expensive and polluting segment of the logistics chain, having traditionally been carried out by vans and trucks powered by fossil fuels, even when the goods carried are light and small. In England, around 6.5 million people cycled for sport, leisure, or transportation in 2021.
  • Some major factors driving the market's growth are the increasing awareness of environment-friendly transportation options, such as e-bikes schemes (with schemes offering limits above the established GBP 1000 cap) and the EUR 2 million (USD 2.36 million )commitment from the government for cargo bike subsidies. Moreover, the UK government has also taken steps to enhance the adoption of e-bikes in the country. The country started providing national incentives and is also planning to increase the financial subsidies on e-bikes to promote their usage. The government announced the decision to set a 2035 target for the phasing out of all new motorcycles equipped with an internal combustion engine (ICE).
  • The OurBikescheme is a partnership between several London councils, bike operator Peddle My Wheels, and local businesses. The project allows residents and businesses to rent cargo bikes for up to two hours per day for free, with additional trips charged at 5 pounds per hour.
  • All the above-mentioned factors are aiding the e-cargo bike market in the United Kingdom in the forecast period.
Europe E-Cargo Bike Market: Number of People Participating in Cycling in England from 2016 to 2021

Europe E-Cargo Bike Industry Overview

The Europe e-cargo bike market is fragmented, with the top five companies in this market being Accell Group N.V., Bakfiets.nl, Rad Power Bikes, Riese & Müller and RYTLE GmbH (sorted alphabetically). Further, to get a competitive advantage, the biggest E-cargo manufacturing businesses are forming joint ventures and partnerships to introduce novel goods in the market. 

For instance, in December 2022, Onomotion, based in Berlin, developed a scalable method of doing micro mobility-powered urban logistics, cargo e-bikes with built-in weather protection, and attachable containers. Onomotionnow has several hundred vehicles on the road in Germany, working with logistics partners such as UPS, DPD, and Hermes. Over the next few years, the company hopes to expand to thousands of vehicles in Europe.

Europe E-Cargo Bike Market Leaders

  1. Accell Group N.V.

  2. Bakfiets.nl

  3. Rad Power Bikes

  4. Riese & Müller

  5. RYTLE GmbH

*Disclaimer: Major Players sorted in no particular order

Europe E-Cargo Bike Market Concentration
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Europe E-Cargo Bike Market News

  • October 2022: Douze Cycles, a French business, launched a cargo bike series consisting of four models, three of which incorporate electric help. The range of bikes boasts an outstanding hauling capacity of up to 205 kg.
  • September 2022: EMotorad, an electric bike company, expanded its presence in Europe, starting with five nations in the area. Additionally, the company plans to sell 3,000 e-bikes in the first few quarters across these five nations. EMotorad is focusing its efforts on Spain, Italy, Germany, France, and the Netherlands.
  • August 2022: EMotoad introduced MovR3, the latest model of cargo bike designed for urban areas. The MovR3 functions as an e-pedelec with a speed range of up to 25 km/h.

Europe E-Cargo Bike Market Report - Table of Contents

  1. 0. INTRODUCTION

    1. 0_0. Study Assumptions

    2. 0_1. Scope of the Study

  2. 1. RESEARCH METHODOLOGY

  3. 2. EXECUTIVE SUMMARY

  4. 3. MARKET DYNAMICS

    1. 3_0. Market Drivers

      1. 3_0_0.

      2. 3_0_1. Increased Demand for Sustainable Transportation

    2. 3_1. Market Restraints

      1. 3_1_0.

      2. 3_1_1. Upfront Cost to Remain a Major Challenge

    3. 3_2. Industry Attractiveness - Porter's Five Forces Analysis

      1. 3_2_0. Threat of New Entrants

      2. 3_2_1. Bargaining Power of Buyers/Consumers

      3. 3_2_2. Bargaining Power of Suppliers

      4. 3_2_3. Threat of Substitute Products

      5. 3_2_4. Intensity of Competitive Rivalry

  5. 4. MARKET SEGMENTATION (Market Size in Value USD Billion)

    1. 4_0. Propulsion type

      1. 4_0_0. Pedal-Assisted

      2. 4_0_1. Throttle-Assisted

    2. 4_1. Battery Type

      1. 4_1_0. Lead Acid Battery

      2. 4_1_1. Lithium-ion Battery

      3. 4_1_2. Other Battery Types

    3. 4_2. Geography

      1. 4_2_0. Austria

      2. 4_2_1. Belgium

      3. 4_2_2. France

      4. 4_2_3. Germany

      5. 4_2_4. Italy

      6. 4_2_5. Luxembourg

      7. 4_2_6. Netherlands

      8. 4_2_7. Poland

      9. 4_2_8. Spain

      10. 4_2_9. Switzerland

      11. 4_2_10. United Kingdom

      12. 4_2_11. Rest-of-Europe

  6. 5. COMPETITIVE LANDSCAPE

    1. 5_0. Vendor Market Share

    2. 5_1. Company Profiles

      1. 5_1_0. Giant Bicycles Co. Ltd

      2. 5_1_1. Merida Industry Co. Ltd

      3. 5_1_2. Riese & Muller

      4. 5_1_3. Fritzmeier Systems Gmbh & Co. KG

      5. 5_1_4. Yamaha Motor Corporation

      6. 5_1_5. Trek Bicycle Corporation

      7. 5_1_6. Cannondale Bicycle Corporation

      8. 5_1_7. Kalkhoff

    3. *List Not Exhaustive

  7. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

List of Tables & Figures

  1. Figure 1:  
  2. EUROPE E-CARGO BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 2:  
  2. EUROPE E-CARGO BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
  1. Figure 3:  
  2. EUROPE E-CARGO BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
  1. Figure 4:  
  2. EUROPE E-CARGO BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
  1. Figure 5:  
  2. EUROPE E-CARGO BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
  1. Figure 6:  
  2. EUROPE E-CARGO BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
  1. Figure 7:  
  2. EUROPE E-CARGO BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
  1. Figure 8:  
  2. EUROPE E-CARGO BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
  1. Figure 9:  
  2. EUROPE E-CARGO BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 10:  
  2. EUROPE E-CARGO BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
  1. Figure 11:  
  2. EUROPE E-CARGO BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
  1. Figure 12:  
  2. EUROPE E-CARGO BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
  1. Figure 13:  
  2. EUROPE E-CARGO BIKE MARKET, VOLUME, UNITS, 2017 - 2029
  1. Figure 14:  
  2. EUROPE E-CARGO BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
  1. Figure 15:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 16:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 17:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 - 2029
  1. Figure 18:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 - 2029
  1. Figure 19:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 20:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 21:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
  1. Figure 22:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 23:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 24:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
  1. Figure 25:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 26:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 27:  
  2. EUROPE E-CARGO BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
  1. Figure 28:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 29:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 30:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 - 2029
  1. Figure 31:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 - 2029
  1. Figure 32:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 33:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 34:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 35:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 36:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
  1. Figure 37:  
  2. EUROPE E-CARGO BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
  1. Figure 38:  
  2. EUROPE E-CARGO BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
  1. Figure 39:  
  2. EUROPE E-CARGO BIKE MARKET, ALL , VALUE, USD MILLION, 2017 - 2029
  1. Figure 40:  
  2. EUROPE E-CARGO BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 - 2029
  1. Figure 41:  
  2. EUROPE E-CARGO BIKE MARKET, ALL , VALUE, SHARE (%), 2017 - 2029
  1. Figure 42:  
  2. EUROPE E-CARGO BIKE MARKET, AUSTRIA , VOLUME, UNITS, 2017 - 2029
  1. Figure 43:  
  2. EUROPE E-CARGO BIKE MARKET, AUSTRIA , VALUE, USD MILLION, 2017 - 2029
  1. Figure 44:  
  2. EUROPE E-CARGO BIKE MARKET, AUSTRIA , VALUE SHARE (%), 2022 - 2029
  1. Figure 45:  
  2. EUROPE E-CARGO BIKE MARKET, BELGIUM , VOLUME, UNITS, 2017 - 2029
  1. Figure 46:  
  2. EUROPE E-CARGO BIKE MARKET, BELGIUM , VALUE, USD MILLION, 2017 - 2029
  1. Figure 47:  
  2. EUROPE E-CARGO BIKE MARKET, BELGIUM , VALUE SHARE (%), 2022 - 2029
  1. Figure 48:  
  2. EUROPE E-CARGO BIKE MARKET, FRANCE , VOLUME, UNITS, 2017 - 2029
  1. Figure 49:  
  2. EUROPE E-CARGO BIKE MARKET, FRANCE , VALUE, USD MILLION, 2017 - 2029
  1. Figure 50:  
  2. EUROPE E-CARGO BIKE MARKET, FRANCE , VALUE SHARE (%), 2022 - 2029
  1. Figure 51:  
  2. EUROPE E-CARGO BIKE MARKET, GERMANY , VOLUME, UNITS, 2017 - 2029
  1. Figure 52:  
  2. EUROPE E-CARGO BIKE MARKET, GERMANY , VALUE, USD MILLION, 2017 - 2029
  1. Figure 53:  
  2. EUROPE E-CARGO BIKE MARKET, GERMANY , VALUE SHARE (%), 2022 - 2029
  1. Figure 54:  
  2. EUROPE E-CARGO BIKE MARKET, ITALY , VOLUME, UNITS, 2017 - 2029
  1. Figure 55:  
  2. EUROPE E-CARGO BIKE MARKET, ITALY , VALUE, USD MILLION, 2017 - 2029
  1. Figure 56:  
  2. EUROPE E-CARGO BIKE MARKET, ITALY , VALUE SHARE (%), 2022 - 2029
  1. Figure 57:  
  2. EUROPE E-CARGO BIKE MARKET, LUXEMBOURG , VOLUME, UNITS, 2017 - 2029
  1. Figure 58:  
  2. EUROPE E-CARGO BIKE MARKET, LUXEMBOURG , VALUE, USD MILLION, 2017 - 2029
  1. Figure 59:  
  2. EUROPE E-CARGO BIKE MARKET, LUXEMBOURG , VALUE SHARE (%), 2022 - 2029
  1. Figure 60:  
  2. EUROPE E-CARGO BIKE MARKET, NETHERLANDS , VOLUME, UNITS, 2017 - 2029
  1. Figure 61:  
  2. EUROPE E-CARGO BIKE MARKET, NETHERLANDS , VALUE, USD MILLION, 2017 - 2029
  1. Figure 62:  
  2. EUROPE E-CARGO BIKE MARKET, NETHERLANDS , VALUE SHARE (%), 2022 - 2029
  1. Figure 63:  
  2. EUROPE E-CARGO BIKE MARKET, POLAND , VOLUME, UNITS, 2017 - 2029
  1. Figure 64:  
  2. EUROPE E-CARGO BIKE MARKET, POLAND , VALUE, USD MILLION, 2017 - 2029
  1. Figure 65:  
  2. EUROPE E-CARGO BIKE MARKET, POLAND , VALUE SHARE (%), 2022 - 2029
  1. Figure 66:  
  2. EUROPE E-CARGO BIKE MARKET, SPAIN , VOLUME, UNITS, 2017 - 2029
  1. Figure 67:  
  2. EUROPE E-CARGO BIKE MARKET, SPAIN , VALUE, USD MILLION, 2017 - 2029
  1. Figure 68:  
  2. EUROPE E-CARGO BIKE MARKET, SPAIN , VALUE SHARE (%), 2022 - 2029
  1. Figure 69:  
  2. EUROPE E-CARGO BIKE MARKET, SWITZERLAND , VOLUME, UNITS, 2017 - 2029
  1. Figure 70:  
  2. EUROPE E-CARGO BIKE MARKET, SWITZERLAND , VALUE, USD MILLION, 2017 - 2029
  1. Figure 71:  
  2. EUROPE E-CARGO BIKE MARKET, SWITZERLAND , VALUE SHARE (%), 2022 - 2029
  1. Figure 72:  
  2. EUROPE E-CARGO BIKE MARKET, UK , VOLUME, UNITS, 2017 - 2029
  1. Figure 73:  
  2. EUROPE E-CARGO BIKE MARKET, UK , VALUE, USD MILLION, 2017 - 2029
  1. Figure 74:  
  2. EUROPE E-CARGO BIKE MARKET, UK , VALUE SHARE (%), 2022 - 2029
  1. Figure 75:  
  2. EUROPE E-CARGO BIKE MARKET, REST-OF-EUROPE , VOLUME, UNITS, 2017 - 2029
  1. Figure 76:  
  2. EUROPE E-CARGO BIKE MARKET, REST-OF-EUROPE , VALUE, USD MILLION, 2017 - 2029
  1. Figure 77:  
  2. EUROPE E-CARGO BIKE MARKET, REST-OF-EUROPE , VALUE SHARE (%), 2022 - 2029
  1. Figure 78:  
  2. EUROPE E-CARGO BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 79:  
  2. EUROPE E-CARGO BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 80:  
  2. EUROPE E-CARGO BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2022

Europe E-Cargo Bike Industry Segmentation

An electric cargo bike is an electric-powered vehicle designed and constructed specifically for the transportation of loads.

The Europe e-cargo bike market is segmented by propulsion type (pedal-assisted and throttle-assisted), battery type (lead acid battery, lithium-ion battery, and other battery types), and geography (Austria, Belgium, France, Germany, Italy, Luxembourg, Netherlands, Poland, Spain, Switzerland, United Kingdom, and the Rest of Europe). 

The report offers the market size and forecasts in value (USD) for all the above segments.

Propulsion type
Pedal-Assisted
Throttle-Assisted
Battery Type
Lead Acid Battery
Lithium-ion Battery
Other Battery Types
Geography
Austria
Belgium
France
Germany
Italy
Luxembourg
Netherlands
Poland
Spain
Switzerland
United Kingdom
Rest-of-Europe
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Market Definition

  • By Application Type - Cargo e-bikes are considered under the scope of this segment. The e-cargo or utility e-bikes are designed to carry various types of cargo and packages for shorter distances such as within urban areas
  • By Battery Type - This segment includes lithium-ion batteries, lead-acid batteries, and other battery types. The other battery type category includes nickel-metal hydroxide (NiMH), silicon, and lithium-polymer batteries.
  • By Propulsion Type - E-bikes considered under this segment include pedal-assisted e-bikes, throttle-assisted e-bikes, and speed pedelec. While the speed limit of pedal and throttle-assisted e-bikes is usually 25 km/h, the speed limit of speed pedelec is generally 45 km/h (28 mph).
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Europe E-Cargo Bike Market Research FAQs

The Europe E-Cargo Bike Market size is expected to reach USD 761.31 million in 2023 and grow at a CAGR of 6.54% to reach USD 1.01 billion by 2029.

In 2023, the Europe E-Cargo Bike Market size is expected to reach USD 761.31 million.

Accell Group N.V., Bakfiets.nl, Rad Power Bikes, Riese & Müller and RYTLE GmbH are the major companies operating in the Europe E-Cargo Bike Market.

In the Europe E-Cargo Bike Market, [object Object] accounts for the Major Players.

Europe E-Cargo Bike Industry Report

Statistics for the 2023 Europe E-Cargo Bike market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe E-Cargo Bike analysis includes a market forecast outlook to for 2023 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Europe E-Cargo Bike Market Report Snapshots