E Bike Sales Statistics

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 statistics.

In 2023 global sales of such e bikes are forecast to reach approximately 40 million units. E bike sales have surpassed sales of regular bicycles in the netherlands. In england 65 of electric bikes sold are bought by individuals aged 55 and. E bike sales in china between 2010 and 2020.

The ngo is moving into the same building as existing. 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. 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. Out of the total e bikes sold in germany 99 5 are of 250w 25km h models.

The 45 km hr models which are type approved and for which the insurance and helmet obligation applies. In 2019 the e bike sales in germany captured a 25 share in the total bicycle market. China is expected to remain the most important market for electric bikes worldwide as 34 3 million. A class i electric bike is equipped with a motor that provides assistance only when the rider is pedaling and stops assisting.

This statistic shows the e bike sales in china from 2010 to 2020. In 2015 around 14 35 million e bikes were sold in china. 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.

Dollars in revenue by 2023. Remaining 0 5 of the total e bikes sold are of speed pedelecs. 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. From the analysis we can say that the e bikes are very popular among the people of china.

The majority of negative perceptions of e bikes are related to safety issues.