E Bike Sales Statistics 2018

E bike sales totaled 77 1 million in 2017 up 91 percent over the previous year.

E bike sales statistics 2018.

The move to mountain and e bikes is a function of what i call puny or premium unique new and young. E bike sales in china between 2010 and 2020. In 2018 e bike sales in europe were expected to have reached 2 6 million units up from 2 2 million units the previous year. Out of the total e bikes sold in germany 99 5 are of 250w 25km h models.

Sales of electric bikes have grown more than eightfold since 2014. A factor that contributes to the bicycle market s overall financial growth is the average price of a sold e bike which is going up. In the period of consideration the number of e bikes sold on the. It is projected that in 2020 around 15 83 million e bike will be sold in china.

Remaining 0 5 of the total e bikes sold are of speed pedelecs. The 45 km hr models which are type approved and for which the insurance and helmet obligation applies. From the analysis we can say that the e bikes are very popular among the people of china. 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. In china 36 million e bikes are manufactured a year on average. In 2019 the e bike sales in germany captured a 25 share in the total bicycle market. The majority of negative perceptions of e bikes are related to safety issues.

The chart below shows the estimates of the e bike sales by various world regions with projections for 2018 from pike research.