Spain Electric Bike Market to Surpass 1.48 Billion by 2030, Growing at 6.40% CAGR Spain Electric Bike Market: Key Dynamics, Size & Share Analysis As per MarkNtel Advisors 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. Spain Electric Bike Market Drivers: 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. ✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report. Explore the Insights – Download a Free Sample: https://www.marknteladvisors.com/query/request-sample/e-bike-market-spain.html About us: MarkNtel Advisors is a leading Market Research Company and Industry Research Report Firm offering end-to-end intelligence across the automotive sector, including automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our extensive portfolio of Syndicated Research Reports and Customized Market Research Reports delivers global, regional, and country-level insights that help manufacturers, suppliers, and investors navigate evolving emission standards, technological disruptions, and changing consumer mobility trends. Built on robust data analytics, primary interviews, and Export and Import Data, our research provides actionable Market Forecasts and Revenue Impact Assessments. Clients leverage our intelligence for business analysis, competitive benchmarking, and go-to-market planning. Through our specialized Consulting Services, we empowers automotive stakeholders to translate insight into strategy, ensuring agility, innovation, and profitable growth in a transforming global mobility landscape. Related Reports: • India Data Center Market to Grow at 14.60% During 2026-32, Driven by AI Integration, Hyperscale Expansion, and Digital Infrastructure Investments - MarkNtel Advisors • Empowering Global Trade Decisions: How MarkNtel Advisors is Redefining Import & Export Intelligence and Market Research for the Next Decade - Software Support Member Article By MarkNtel Advisors • https://futurereadyresearch.blogspot.com/2025/11/future-electric-vehicle-market-in-japan.html • https://futurereadyresearch.blogspot.com/2025/11/future-of-outage-management-system-market.html • https://futurereadyresearch.blogspot.com/2025/11/future-of-seed-market-in-russia.html Reach Us: MarkNtel Advisors Office No. Sector 63, Noida, Uttar Pradesh-201301, India Contact No: +91 8719999009 Email: sales@marknteladvisors.com