When Eurobike 2023 opens its doors, the show will again welcome a bigger number of exhibitors than at the previous edition. This exponential growth reflects the prospering e-bike market. While the industry faces difficulties on individual markets, the global electrification of bicycles brings in many new players.
In one of its latest announcements Eurobike reports an exhibitor count of more than 1,900, setting an all-time high. The decision to move Eurobike from its long-time base Friedrichshafen to the business style location in Frankfurt was driven by the potential to expand the event.
More capacity
‘Friedrichshafen’ had reached its maximum capacity with 1,400 exhibitors at the last pre-corona edition in 2019. When the event opened its doors in 2022 in Frankfurt for the first time, show organizer fairnamics reported 1,500 exhibitors. This number has now increased to more than 1,900, a 36% expansion since pre-corona. For sure, the e-bike market potential in Europe is obvious, certainly when looking at the long-term.
The outlook for the North American market is undoubtedly less positive, if not dramatic but also sales in Europe this spring are not as many had hoped for. These challenges in both North America and Europe will have an impact on the market and with that the business at Eurobike. Although the event predominantly developed into an industry presentation over the years, it is still the primary indicator for market developments. The leading question in Frankfurt will be how the industry will be able to align market demand and existing overstock.