United Kingdom Electric Bicycle (E-Bikes) Market Overview, 2029

The UK government has demonstrated strong support for e-bikes as a sustainable transportation solution. Initiatives like the Cycle to Work scheme, which offers tax incentives and subsidies for e-bike purchases, have stimulated consumer demand. Additionally, the government has invested in cycling infrastructure and implemented regulations to promote the safe and convenient use of e-bikes on roads and cycle lanes. UK consumers are increasingly drawn to the benefits offered by e-bikes. Commuters, in particular, appreciate the convenience and efficiency of e-bikes for navigating urban areas and avoiding traffic congestion. Leisure riders, including outdoor enthusiasts and tourists, also contribute to the growing demand for e-bikes. Furthermore, e-bikes appeal to a wide range of demographics, including older adults seeking a more accessible mode of transportation. The UK electric bicycle market features a diverse range of manufacturers, including both domestic and international players. Prominent UK brands such as Brompton, Raleigh, and Pashley have gained recognition for their e-bike models tailored to the UK market. International manufacturers like Bosch, Shimano, and Yamaha provide advanced electric drive systems and components, partnering with UK e-bike manufacturers to offer innovative products.

According to the research report, "United Kingdom Electric Bicycle (E-Bikes) Market Outlook, 2029," published by Bonafide Research, the United Kingdom Electric Bicycle (E-Bikes) market is anticipated to add to more than USD 429 Million by 2024–29. Factors such as inclination towards healthy lifestyles, a growing fitness trend, and increasing preference for recreational activities, specifically among youth, are expected to supplement the growth of the electric bike market throughout the forecast period. Furthermore, government regulations encouraging the use of e-bikes, increased R&D investment, the growing trend of all-terrain e-bikes for commuting and recreational activities in remote areas are expected to create several lucrative opportunities in the United Kingdom (UK) electric bike market in the coming years. Further, the decrease in the cost of Li-ion batteries is driving the e-bike market. The increase in the use of e-bikes in the automotive sector has provided Li-ion battery manufacturers with economies of scale, decreasing the cost of Li-ion batteries and making them viable for use in e-bikes. As a result, the adoption of Li-ion batteries has increased in e-bikes, particularly by bike-sharing firms.

The e-bike market in the United Kingdom is primarily structured around two key segments: Propulsion Type and Class Type, both of which significantly shape consumer choices and regulatory considerations. Within the Propulsion Type category, e-bikes are classified into Pedal Assist and Throttle types. Pedal Assist e-bikes, which enhance the rider's pedaling efforts, dominate this segment due to their compatibility with UK regulations and user-friendliness, attracting a diverse range of commuters and recreational cyclists who desire an improved yet active cycling experience. In contrast, Throttle e-bikes, which allow users to utilize motor power without pedaling, provide a more relaxed riding experience but are subject to stricter regulations, resulting in lower prevalence. Regarding Class Type, the UK market encompasses Class 1, Class 2, and Class 3 e-bikes. Class 1 e-bikes, which function on Pedal Assist with moderate speed restrictions, are particularly favored in the UK as they comply with legal standards for most public paths and cycling facilities, making them a practical choice for riders prioritizing compliance and usability. Class 2 models, which depend on throttle operation, and Class 3 models, which permit higher speeds but only with Pedal Assist, serve niche markets such as adventure enthusiasts or individuals with specific commuting requirements. The prominence of Class 1 e-bikes and Pedal Assist propulsion underscores the UK market's inclination towards safe, accessible, and legally compliant options, establishing these models as the most widely embraced in their categories.

The choice of battery type significantly impacts the performance, weight, and cost of e-bikes in the UK market. Lithium-ion batteries, known for their high energy density and lightweight design, are increasingly popular due to their ability to deliver extended range and powerful assistance. These batteries are particularly well-suited for high-performance e-bikes and long-distance commuting. Lead-acid batteries, while heavier and less energy-dense, offer a more affordable option and are commonly found in lower-end e-bikes. While less common, other battery technologies, such as nickel-metal hydride (NiMH) and lithium-iron phosphate (LiFePO4), may also be used in specific e-bike models. The selection of battery type often depends on factors like the intended use of the e-bike, the desired range, and the rider's budget.

The UK e-bike market is predominantly driven by city/urban and trekking (e-MTB) segments. Urban e-bikes are ideal for commuting in cities with their compact design, lightweight frames, and efficient electric assistance. They cater to the growing number of commuters seeking a sustainable and convenient mode of transportation. Trekking e-bikes, on the other hand, are designed for off-road adventures and recreational cycling. The UK's diverse landscape, with its rolling hills and scenic trails, makes it an attractive destination for e-MTB enthusiasts. These factors, coupled with the increasing popularity of outdoor activities and the desire for a more active lifestyle, contribute to the significant share held by these two segments in the UK e-bike market.



COVID-19 Impacts:
The COVID-19 outbreak has given a huge boost to the electric bike market. As people have become more cautious and with public transport taking a backseat even after the lifting of lockdowns, electric bikes have turned out to be the preferred choice of transport because it's fast, easy to ride, cheap and safe. The government restrictions and lockdowns during the first quarter of 2020 dampened the sale of e-Bikes as the stores were closed, and the commute was allowed for only essential services. However, after removing all impositions due to increased vaccination drives, things have started to normalize with the opening of offices and all other regular activity stores globally, which has again increased the regular travel scenario of commuters. The electric bike market is estimated to observe a huge boost in sales post-COVID-19 during the forecast period.

Considered in this report
• Geography: United Kingdom
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• United Kingdom Electric Bicycle (E-Bikes) market with its value and forecast along with its segments
• Various divers and challenges
• Ongoing trends and developments
• Five force models
• Top profiled companies
• Strategic recommendation

Segment covered in the report
By Propulsion Type
• Pedal Assist
• Throttle

By Class Type
• Class 1: Pedal Assist
• Class 2: Throttle On Demand
• Class 3: Speed Pedelec

By Battery Type
• Lithium-Ion Battery
• Lead-Acid Battery
• Others

By Application
• City/Urban
• Trekking (E-mountain Bikes/e-MTB)
• Cargo
• Others (Speed e-bikes, Foldable, Fat Bicycle)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing the government- generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have verified the details obtained from secondary sources.

Intended audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to electric bicycle products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry