E Bike Sales Statistics

The ngo will reveal the workings for its revised estimate of e bike sales at a meeting to be held at its new office in brussels on 22nd may.

E bike sales statistics.

Remaining 0 5 of the total e bikes sold are of speed pedelecs. E bike sales have surpassed sales of regular bicycles in the netherlands. China is expected to remain the most important market for electric bikes worldwide as 34 3 million. The 45 km hr models which are type approved and for which the insurance and helmet obligation applies.

A class i electric bike is equipped with a motor that provides assistance only when the rider is pedaling and stops assisting. From the analysis we can say that the e bikes are very popular among the people of china. It is projected that in 2020 around 15 83 million e bike will be sold in china. Between 2017 and 2018 the e bike market grew by 9.

In 2023 global sales of such e bikes are forecast to reach approximately 40 million units. The industry is expected to sell around 130 million electric bicycles between 2020 and 2023. The e bike market is expected to generate around 20 billion u s. In 2019 the e bike sales in germany captured a 25 share in the total bicycle market.

Out of the total e bikes sold in germany 99 5 are of 250w 25km h models. The ngo is moving into the same building as existing. E bike sales in china between 2010 and 2020. In england 65 of electric bikes sold are bought by individuals aged 55 and.

This statistic shows the e bike sales in china from 2010 to 2020. Dollars in revenue by 2023. E bike sales jumped by an incredible 91 percent from 2016 to 2017 and then another 72 percent from 2017 to 2018 to reach an impressive 143 4 million according to the market research firm npd group. The majority of negative perceptions of e bikes are related to safety issues.

The global e bike market is projected to grow at a cagr of 9 01 during the forecast period to reach usd 38 6 billion by 2025 from an estimated usd 21 1 billion in 2018 class i electric bike is estimated to be the largest segment in the global electric bikes market.