E-bike market size South Korea 2012-2021

Published by
Jang Seob Yoon,
Jan 22, 2024
This statistic shows the market size of electric bicycles in South Korea from 2012 to 2016, with forecasts for 2017 to 2021. In 2016, approximately 5.4 billion South Korean won worth of electric bikes were supplied in South Korea and it is forecasted to reach around seven billion South Korean won by 2021.

Market size of electric bicycles in South Korea from 2012 to 2021 (in billion South Korean won)

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Release date

November 2018

Region

South Korea

Survey time period

2012 to 2016

Supplementary notes

* Forecast.
Note: 1,000 South Korean won equal 0.84 U.S. dollars and 0.75 euros (as of June 2019).

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