E Bike Sales Statistics 2019
3 million cycles v 2 7 million cars government s vehicle licensing statistics table veh 0150.
E bike sales statistics 2019. E bike sales have surpassed sales of regular bicycles in the netherlands. This isn t speculation either the growth in e bike sales over the last few years as well as 2019 points towards a 30 increase in e bike sales a figure that shows just how seriously cyclists in the uk are approaching electric bikes. Enjoy quick responsive riding with predictable easy to control power. The e bike market was valued at usd 15 42 billion in 2019 and it is expected to witness a cagr of 7 49 during the forecast period 2020 2025.
Between 2017 and 2018 the e bike market grew by 9. In england 65 of electric bikes sold are bought by individuals aged 55 and. An odd characteristic of the e bike market is that the retailers most capable of selling e bikes are often opposed to e bikes in general and even those who embrace e bikes are usually ineffective at selling them when compared to the e bike specialists amazon direct to consumer sales etc says benjamin. E bike sales have surpassed sales of regular bicycles in the netherlands.
Between 2017 and 2018 the e bike market grew by 9. We ve been scouring data sources for manufacturers of e bikes. The average price of a bike including e bikes is around 521 about 480. Don t be surprised if you find yourself riding your bike and leaving the car in the garage.
The majority of negative perceptions of e bikes are related to safety issues. 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. Online sales share in the uk and ireland 2011 2019. European bicycle market industry profile in 2016 more new cycles were sold in great britain than new cars registered.
As cleantechnica continues down the path to the formal e bike market report in early 2019 we ve been doing core market research. Next year we expect increased e bike sales in a big way. In china 36 million e bikes are manufactured a year on average. E bikes are smart easy and put the fun back into riding.
Percent share of bicycle sales by bike category in the u s. The majority of negative perceptions of e bikes are related to safety issues. In england 65 of electric bikes sold are bought by individuals aged 55 and. Uk e bike market size.