E-Bike Market, by Type (Mountain Bike, Road Bike, City Bike , Cargo Bike, and Others), by Battery Type (Lead Acid, Nickel-cadmium, Nickel-metal Hydride, and Lithium-ion), by Motor (Hub Motor and Mid Motor), by Operating Mode (Battery/Peddle Operated and Throttle Operated), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Electric bicycles are also known as the e-bikes. The e-bikes are equipped with electric motor and battery to offer pedal assistance to rider. E-bikes are affordable and convenient way of transport compared to the public transport. The popularity of E-Bike is rapidly increasing owing to the environmental benefits such as zero emission transport, according to the Coherent Market Insight analysis, 2021. The e-bikes are categorized into mountain bike, road bike, city bike, and cargo bike. The cargo e-bikes are used for the transportation of the goods. The cargo bikes are further categorized into: front loaders and long tails cargo bikes. Mountain bikes are specially designed for the off-road cycling. These bikes have high endurance and include suspension fork and large knobby tires. The road bikes are light weight and are specially designed considering speed in mind. These bikes are generally used to cover longer distances and have huge wheels in terms of circumference, so that they can cover longer distance in shorter time.
The demand of e-bikes is rapidly increasing owing to which market players are focusing on the acquisition and partnerships to enhance their geographical reach, product offering, and acquire maximum market share. For instance, in November 2019, Pon Bike, a Netherland based electric bicycle manufacturer acquired Urban Arrow, a Dutch E-bike company. The Urban Arrow has expertise in cargo E-Bike manufacturing. In addition to this, in September 2017, Trek Bicycle Corporation, a U.S. based e-bike manufacturer partnered with Tome Software to develop the B2V (Bicycle to Vehicle) technology. This technology is focused on creating a communication between vulnerable cyclist and vehicles.
However the high initial cost is expected to restrain the global e-bike market during the forecast period 2022-2028.
This report segments the global e-bike market on the basis of type, battery type, motor, operation mode, and region. On the basis of type, global e-bike market is segmented into mountain bike, road bike, city bike, cargo bike, and others. On the basis of battery type, the global e-bike market is segmented into lead acid, nickel-cadmium, nickel-metal hydride, and lithium-ion. On the basis of motor, the global e-bike market is segmented into hub motor and mid motor. On the basis of operation mode, the global e-bike market is segmented into battery/peddle operated and throttle operated. On the basis of region, global e-bike market is segmented into North America, Latin America, Europe, Asia pacific, and Middle East & Africa.
Key features of the study:
This report provides an in-depth analysis of the global e-bike market and provides market size (Volume Units) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global e-bike market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global e-bike market include Accell Group, BionX, Bosch, Derby Cycle AG, Easy Motion, Electric Bike Technologies LLC, Giant Bicycles, GRACE, Jiangsu Xinri E-Vehicle Co. Ltd., Panasonic, Pedego, Stromer, Superpedestrian, Trek, and Yadea Technology Group Co. Ltd.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global e-bike market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global e-bike market
Global E-Bike Market, By Type:
Global E-Bike Market, By Battery Type:
Global E-Bike Market, By Motor:
Global E-Bike Market, By Operation Mode :
Global E-Bike Market, By Region:
Middle East & Africa
Derby Cycle AG
Electric Bike Technologies LLC
Jiangsu Xinri E-Vehicle Co. Ltd.
Yadea Technology Group Co. Ltd.
**All the pointers will also be provided for the rest of the companies. This is partial list of companies from our repository. Browse all the market data tables and figures on ‘E-Bike Market – Global Forecast to 2028’
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