Global Pedelec market will reach 24301 million US$ by the end of 2025
Published Date: 2019/9/23
In the last several years, global market of Pedelec developed rapidly, with an average growth rate of 18.23%. In 2018, global revenue of Pedelec is 8498 M USD; the actual sales is about 4337 K Unit.
The Pedelec market is projected to grow at a CAGR of 16.07% from 2019 to 2025, from a market size of USD 8498 million in 2018 to USD 24301 million by 2025.
The global average price of Pedelec is in the increasing trend, from 1689 USD/Unit in 2013 to 1959 USD/Unit in 2018. With the situation of global economy, prices will be in increasing trend in the following several years.
The classification of Pedelec includes Urban Pedelec, Touring Pedelec, Mountain Pedelec and Others. Urban Pedelec accounted for the largest share, about 41% of the overall Pedelec market.
Europe is expected to be the largest market with market share of 84.15% in 2018 for Pedelec during the forecast period. Following Europe, North America is the second largest market with share of 8.45% in 2018.
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