Europe E-Cargo Bike Market Share

Market Share of europe e-cargo bike Industry

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