Bikes will dominate the market by 2030

The constant growth of the bike sector and the "hunt for the perfect e-bike" is now a phenomenon before everyone's eyes and the e-bike is the vehicle that has captured the largest share of sales and searches by the end user.

From the latest statistics we can very well make a projection that is not at all risky but, on the contrary, very real and which gives us hope regarding a change in habits and conception of mobility.

In fact, annual bicycle sales will reach more than double of car registrations by 2030.

Conebi, CIE and ECF, the three primary European cycling associations, have analyzed the trends of 30 European countries and it has emerged that in the next 10 years 10 million more bicycles will be sold per year in Europe, with an increase of 47% compared to to the 2019 count.

Once we reach 30 million bicycles sold each year, we will finally reach the point of double the number of cars registered per year in Europe.

In 2019 alone there were 3.7 million E-bikes sold and the market growth is expected to continue to expand, reaching 17 million units sold each year by 2030.

In 2020, despite the huge problems caused by Covid, including stalled production lines and the difficulty of finding bikes in shops, the e-bike market is expected to end the year with a nice +23%.

These forecasts are based on an innovative approach and take into account both current developments, but also the socio-economic impacts (for example Covid) and future investments in infrastructure, dedicated to micro-mobility, by European countries.

“Cycling is one of the most dynamic sectors in Europe right now. With these new numbers we are able to show the EU, national governments and the global cycling sector that the European market is the place to invest to deliver the EU Green Deal, post-Covid recovery and new jobs in sustainable. With the collaboration between our associations we can present concrete evidence to investors at every level.", reported Kevin Mayne, CEO of Cycling Industries Europe.

While Manuel Marsilio, general director of Conebi, added: “The bicycle industry is transforming and we are seeing considerable growth in both sales and production of bicycles in recent years in Europe. To support the sector, Conebi has collaborated with CIE and ECF to prepare an updated market forecast showing how large the market size can be in the coming years. However, such growth will only be possible with the right regulatory environment and a clear industrial strategy across the EU and beyond."

Since the beginning of the pandemic, the ECF Covid measures tracker has shown how Europe has spent a billion on cycling infrastructure and approximately 2,300 km have been built. of new cycle paths.

All this bodes well for a sustainable future with less pollution.