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The United Kingdom e-bike market size reached approximately USD 283.22 Million in 2024. The market is further projected to grow at a CAGR of 8.00% between 2025 and 2034, reaching a value of USD 611.45 Million by 2034.
Base Year
Historical Year
Forecast Year
Value in USD Million
2025-2034
United Kingdom E-bike Market Outlook
*this image is indicative*
E-bike also termed as electric bike, is an electric powered bicycle equipped with an electric motor which assists propulsion. The motor gets power from the rechargeable battery that is mounted on the bike. The bicycle can be driven both with the help of electricity as well as by pedalling.
The EMR’s report titled “United Kingdom E-bike Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Propulsion Type
Market Breakup by Battery Type
Market Breakup by Power
Market Breakup by Application
Pedal assisted propulsion is expected to account for a significant United Kingdom e-bike market share over the forecast period. It has a motor attached it to it which kicks in to amplify the pedalling efforts of the user leading to a smooth and less jarring boost. The ability to choose the level of assistance required is a major factor for the growing adoption of pedal assisted e-bikes over their counterparts. Due to the provided motor assistance, the strain on the components of the e-bike is reduced, resulting in decreased maintenance costs.
Lithium-ion batteries held a significant share of the market during the historical period and is expected to grow rapidly over the forecast period as well. This growth can be attributed to the increasing awareness about the various advantages associated with the usage of lithium-ion batteries including its lightweight nature and fast charging ability. Consumers prefer lithium-ion batteries over lead acid battery as they have a larger life span and higher energy. Additionally, the low maintenance of lithium-ion batteries is further increasing their adoption and supporting the United Kingdom e-bike market growth.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Brompton Bicycle Ltd. was founded in 1976 and is headquartered in London, United Kingdom. The bicycle manufacturing company designs and sells portable and folding bicycles and accessories including saddles and seat posts, among others.
Accell Group N.V. is a bicycle company that was founded in 1998 and is headquartered in Heerenveen, Netherlands. The company is known for making bicycles and parts of bicycle, among other accessories for consumers across the globe.
Giant Bicycle Inc. was established in 1972 and has its headquarters located in Taichung City, Taiwan. The sporting goods manufacturing company produces high quality bikes at an affordable price and has pioneered advancements in composite and aluminium engineering.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other United Kingdom e-bike market key players include Electric Bike Store Ltd. (Volt), Tandem Group Cycles, Powabyke UK Ltd., Karbon Kinetics Ltd., Cycling Sports Group, Inc. (Cannondale), Trek Bicycle Corporation, and QWIC, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 283.22 Million in 2024.
The market is projected to grow at a CAGR of 8.00% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 611.45 Million by 2034.
The major market drivers include increasing awareness regarding the various environmental and health benefits associated with the usage of e-bikes and growing government support.
The key trends fuelling the growth of the market technological advancements in battery technology to boost the performance of the bikes and rising popularity of e-bike rental services.
The various propulsion types include pedal assisted, speed pedelec, and throttle assisted.
The significant battery types available in the market include lead acid battery and lithium-ion battery, among others.
The key players in the market are Electric Bike Store Ltd. (Volt), Brompton Bicycle Ltd., Accell Group N.V., Giant Bicycle, Inc., Tandem Group Cycles, Powabyke UK Ltd., Karbon Kinetics Ltd., Cycling Sports Group, Inc. (Cannondale), Trek Bicycle Corporation, and QWIC, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Propulsion Type |
|
Breakup by Battery Type |
|
Breakup by Power |
|
Breakup by Application |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Datasheet
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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