Belgium speed pedelec market sees significant growth

The Belgian speed pedelec market is experiencing significant growth, with new registrations increasing by 13.4% during the first nine months of 2026 compared to the previous year. According to mobility federation TRAXIO, a total of 12,293 new units were registered in this period. When including the second-hand market, total registrations reached 22,116.

Leasing has become the dominant acquisition method, accounting for 66.1% of new registrations. This shift is driven by companies seeking to simplify administration, insurance, and maintenance. Conversely, direct private purchases have declined, now representing only 20.9% of the market. The second-hand market has seen an explosion in activity, with registrations up 32.5% year-on-year.

Government entities and the Belgian Ministry of Defense have emerged as key drivers, with the latter offering these vehicles as a staff benefit. Geographically, the market is heavily concentrated in Flanders, which accounts for 98% of new registrations. East Flanders alone represents 47.2% of the market, largely due to the high concentration of bicycle leasing companies located there.