Europe: E-bike market size forecast 2021-2027
E-bike sales are projected to grow over the next five years, with the market value expected to reach 32 billion U.S. dollars in 2027. This will mean a doubling of the market size from 2022. The market is expected to grow by nearly 20 percent in 2023, after which year-on-year growth is expected to slow slightly to between 13 and 16 percent in the following years.
