Spain Electric Bike Market Research Report: Forecast (2025-2030)

Market Insights & Analysis: Spain Electric Bike Market (2025-30):

The Spain Electric Bike Market size was valued at around USD 1.02 billion in 2024 and is projected to reach USD 1.48 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.40% during the forecast period, i.e., 2025-30. The Spain Electric Bike Market growth is due to the low carbon emission, increasing penetration of sharing fleet mobility & rental services, nationwide EU policies implementation, growing investments in the development of the electric ecosystem, government support, increasing integration of AI, ML, Cloud, etc., advancements in batteries, and others.

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About 70% of the country's area consists of urban cities, which have the highest concentration of adoption of electric bikes, with approximately 75-80%. It is due to the increasing utility of electric bikes in the sharing fleet rentals, logistics, and trekking. The several public and private docking services in the country, with approximately 7,500 e-bikes in Madrid by BiciMAD services, account for more than 7.5 million rides annually. Similarly, service providers like Bicing, Donkey Republic, Valenbisi, Scoot, and others offer such services, leading to an increase in the demand for low-cost and reliable mobility solutions, thus fueling the demand for e-bikes in the country.

Moreover, Spain’s inclination towards sustainable solutions, like the adoption of electric vehicles, aligns with the EU’s aim to achieve carbon neutrality and zero emissions, which has led the nation to gain funds from the EU authorities for the development of the electric automotive ecosystem. For instance, in 2024, under the Alternative Fuel Infrastructure Facility (AFIF), Spain received more than USD85 million for the development of the charging infrastructure in the country. Similarly, the reduced personal income taxation on the purchase of new and used electric bikes, of around 15%, for individual and household use since mid-2023 till the end of 2025, by the Spanish government, further increases the demand for electric Bikes, thus fueling the growth of the market in Spain.

Additionally, technological advancements like AI, ML, etc., and their integration in the electric Bikes and infrastructure have surged lately due to the smart decision making, insightful analysis of the surroundings, connected vehicle technology, optimized route navigation, and real-time monitoring. For instance, the largest public charging infrastructure of Spain, Iberdrola’s, offers to locate, reserve, and pay through digital platforms. Such advancements enhance user convenience and optimize fleet management, thus supporting the market growth & expansion in Spain.

Spain Electric Bike Market Driver:

Government Support & Investments Driving Market Demand – The government support has increased lately in the market to attain the zero emissions by 2035, for effective management of the traffic, to conserve the depleting fossil fuels, focus on public health, and offer a quality of life to the citizens. The electric automotive market, including bikes in the country, is observing a notable spike in demand primarily due to the government support through various programs and initiatives, and lower operational costs. For instance, the MOVER III Programme was initiated in 2021 under the Recovery, Transformation and Resilience Plan (PRTR), which offers subsidies worth around USD468 million for electric vehicles and for the infrastructure purchase. This initiative was taken for a limited period, but to achieve the aim and promote the ownership of electric automotive vehicles like bikes, accounting for a total investment of more than USD2 billion.

Furthermore, the regional and state authorities within Spain, like Catalonia, the Basque Country, etc., are further offering subsidies of around USD230 to 700 on the purchase of an e-bike, under the MOVER III programme, thus promoting the adoption of electric bikes, with approximately 510,000 electric bikes sold in 2024 nationwide. Thus, such investments and the support of the government in developing the electric ecosystem have led to an increase in the adoption of electric Bikes, hence driving the growth of the market in the country.

Spain Electric Bike Market Challenge:

Limited Infrastructure Support Hampers Market Growth – The government is supporting the development of the charging infrastructure, which has grown significantly by nearly 20% in the first quarter of 2025, and a total of around 46,350 charging points are installed, with 13,050 more to be installed in 2025. However, the charging points and infrastructure are growing, but they are not yet operational, because of the insufficient capacity of the power grids in the country. Thus, the inefficiency of the power supplying units and the grid in providing the power to these charging points leads to the underdevelopment of the electric Bike charging infrastructure, reducing the use of electric Bikes for long travels and remaining a consistent hurdle in the market.

Moreover, to prevent the cluttering of vehicles, maintain the public order, and ensure the safety of pedestrians, the government authorities in Spain had strictly regulated and allocated a parking area for the electric bikes under the General Traffic Law, issued by the Directorate General of Traffic (DGT) in 2022, with around 30,000 bike parking space in Barcelona. Under this regulatory norm, parking in places other than the dedicated and allotted areas, like sidewalks, tunnels, pedestrian zones, etc., is prohibited; if violated, a fine of around USD250 is imposed as a penalty. Thus, the limited electric charging and parking infrastructure in Spain and the stringent regulations of the authorities decline the demand for electric Bikes, hence hampering the market growth & expansion.

Spain Electric Bike Market Trend:

Adoption of Subscription-Based Rental Services – The rental services among the Spanish population have increased lately due to the cost-effectiveness, easier commute, included maintenance & repairs, integration of theft protection & GPS tracking, expansion of e-commerce, and increasing penetration of smartphones and high-speed internet services. 

The rising white collar population, the increasing digital transformation, growing road traffic, emerging tourism, and the high upfront e-bike cost have led to the expansion of rental services. The flexibility, low operational cost, covered insurance & repair cost, and easier mobility have led the young population, primarily Gen-Z and millennials, and the working population to adopt such rental services. The numerous service providers, such as Barcelona E-bike rent, Rent & Roll Madrid, Mallorca Bike Hire, GomEPP, and others, are offering subscription-based rental services in urban cities, based on a contract for a month or an extended period, charging around USD45 to 100 per month, as per the services. They further provide the repair and maintenance cover under their membership programs, offering a convenient and hassle-free mobility, making it convenient for individuals with limited disposable income for daily commute, thus increasing the demand for e-bikes for subscription-based rental services in the country.

Spain Electric Bike Market (2025-30): Segmentation Analysis

The Spain Electric Bike Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–2030 at the country level. Based on the analysis, the market has been further classified as:

Based on Battery Type:

• Lithium-Ion Battery
• Lead Acid Battery
• Nickel-Metal Hydride Battery
• Others

Based on battery type, the lithium-ion battery holds the largest market share of around 54%. This market share is driven by the advances in battery technologies due to the need for higher capacity, fast charging, and lower carbon emissions automotive.

The lithium-ion batteries are among the most commonly used batteries in the electric bike market of Spain. The leading market players like BH Bikes, Orbea, Trek Bicycle, Scoot Sports, Accell Nederland, and others are heavily integrating lithium-ion battery over the conventional such as lead acid and nickel-metal hydride battery, because of the high energy density, light-weight, environmentally safe, fast charging, longer operational lifespan, government support through subsidies & innovations, and others. For instance, the latest releases of 2025, Super Soco TS Street Hunter features a 72-volt removable lithium-ion battery, and the NIU NQi GTS Sport features a 60 V lithium-ion battery, which offer fast charging, longer battery retention, longer travel, making them the favorable choice among the Spanish electric bike owners for daily use, thus facilitating its largest market share in the country.

Based on End User:

• Individual
• Commercial (Sharing Fleets, Rentals, Delivery, etc.)

Individual holds the largest market share of about 61%. This is due to the increasing environmental consciousness among consumers, lower operational costs, convenient urban mobility, government support, rising white collar population, rising prices of fuels, etc.

Due to the narrow roads infrastructure, the rising urban population in major cities like Madrid, Barcelona, Valencia, etc., leads to road traffic and congestion, pushing the population to opt for the versatile and small vehicles like bikes for commuting every day. This, along with the support from the Spanish and EU governments in the form of subsidies, incentives, etc., and the environmentally friendly green vehicle, encourages consumers to purchase an electric bike. For instance, the EU offers individual buyers an incentive of around USD250-800 and other tax benefits, thus promoting the adoption of electric vehicles among middle-income individuals of Spain, hence increasing the ownership of e-bikes among the population as their primary vehicle.

Spain Electric Bike Industry Recent Development:

• 2025: Orbea partnered with Upway to introduce a Europe-wide e-bike trade-in platform, offering customers up to approx. USD540 in bonus credit when exchanging old e-bikes for new ones. The initiative supports circular economy practices by extending the life of used bikes and promoting sustainable e-bike adoption across Spain and other European markets.
• 2024: Moustache Bikes unveiled its Urban & Allroad 2025 collections, which feature customizable options including color choices, accessory selections, and built-in security features. These enhancements reinforce the brand’s commitment to delivering personalized and accessible e-biking experiences.

Gain a Competitive Edge with Our Spain Electric Bike Market Report

1. Spain Electric Bike Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. Spain Electric Bike Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

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