The global electric bicycle market size was US$ 27.53 billion in 2021. The global electric bicycle market size is forecast to reach US$ 68.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 10.6% during the forecast period from 2022 to 2030.
E-bikes are regular bicycles with an electric engine, battery, and transmission. These bikes are pedaled or powered by rechargeable batteries. There are three types of rechargeable batteries: lead-acid, lithium-ion (Li-ion), and nickel-metal hydride (NiMH). The most common type of battery is lead-acid, which can travel large distances on a single charge. These bikes are easy to ride, suitable for people of all ages, and a cost-effective alternative to motorized cars as an environmentally responsible mode of transportation. In terms of design and performance, there are many different e-bikes on the market.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a minimal impact on the global market. People were becoming more interested in purchasing their mode of transportation due to the pandemic and the potential of contamination through public transportation. The demand for electric bicycles has risen as a result. However, due to the COVID-19 outbreak and subsequent lockdowns (along with all the other limitations), e-bike production has decreased.
Regional Insights
The Asia Pacific held dominance in the market in 2021. The vast bicycle infrastructure in developed and developing countries, including China and Japan, increased vehicular and public transit congestion, and rising severity of emission regulations for gasoline motorcycles are forecast to fuel the market growth.
LAMEA is forecast to have lucrative growth in the market during the forecast period. As a result of the sequence of initiatives brought by private companies, local governments, and federal officials to encourage the adoption of electric vehicles across the region.
Leading Competitors
The leading prominent companies profiled in the global electric bicycle market are:
Scope of the Report
The global electric bicycle market segmentation focuses on Motor Type, Battery Type, Application, Consumer Segment, Power Output, and Region.
Segmentation based on Motor Type
Segmentation based on Battery Type
Segmentation based on Application
Segmentation based on Consumer Segment
Segmentation based on Power Output
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL ELECTRIC BICYCLE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL ELECTRIC BICYCLE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL ELECTRIC BICYCLE MARKET, BY MOTOR TYPE
5.1 OVERVIEW
5.2 HUB MOTOR
5.3 MID-DRIVE
6 GLOBAL ELECTRIC BICYCLE MARKET, BY BATTERY TYPE
6.1 OVERVIEW
6.2 LEAD-ACID
6.3 LITHIUM-ION (LI-ION)
6.4 OTHERS
7 GLOBAL ELECTRIC BICYCLE MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 SPORTS
7.3 FITNESS
7.4 DAILY COMMUTE
8 GLOBAL ELECTRIC BICYCLE MARKET, BY CONSUMER SEGMENT
8.1 OVERVIEW
8.2 URBAN
8.3 RURAL
9 GLOBAL ELECTRIC BICYCLE MARKET, BY POWER OUTPUT
9.1 OVERVIEW
9.2 LESS THAN 250W
9.3 FROM 250W TO 400W
9.4 FROM 401W TO 750W
9.5 ABOVE 751W
10 GLOBAL ELECTRIC BICYCLE MARKET, BY GEOGRAPHY
10.1 OVERVIEW
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA MARKET SNAPSHOT
10.2.2 U.S.
10.2.3 CANADA
10.2.4 MEXICO
10.3 EUROPE
10.3.1 EUROPE MARKET SNAPSHOT
10.3.2 WESTERN EUROPE
10.3.2.1 THE UK
10.3.2.2 GERMANY
10.3.2.3 FRANCE
10.3.2.4 ITALY
10.3.2.5 SPAIN
10.3.2.6 REST OF WESTERN EUROPE
10.3.3 EASTERN EUROPE
10.3.3. 1 POLAND
10.3.3.2 RUSSIA
10.3.3.3 REST OF EASTERN EUROPE
10.4 ASIA PACIFIC
10.4.1 ASIA PACIFIC MARKET SNAPSHOT
10.4.2 CHINA
10.4.3 JAPAN
10.4.4 INDIA
10.4.5 AUSTRALIA & NEW ZEALAND
10.4.6 ASEAN
10.4.7 REST OF ASIA PACIFIC
10.5 MIDDLE EAST & AFRICA
10.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
10.5.2 UAE
10.5.3 SAUDI ARABIA
10.5.4 SOUTH AFRICA
10.5.5 REST OF MEA
10.6 SOUTH AMERICA
10.6.1 SOUTH AMERICA MARKET SNAPSHOT
10.6.2 BRAZIL
10.6.3 ARGENTINA
10.6.4 REST OF SOUTH AMERICA
11 GLOBAL ELECTRIC BICYCLE MARKET COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 COMPANY MARKET RANKING
11.3 KEY DEVELOPMENT STRATEGIES
12 COMPANY PROFILES
12.1 ACCELL GROUP
12.1.1 OVERVIEW
12.1.2 FINANCIAL PERFORMANCE
12.1.3 PRODUCT OUTLOOK
12.1.4 KEY DEVELOPMENTS
12.2 CSE EV GROUP CO LIMITED
12.2.1 OVERVIEW
12.2.2 FINANCIAL PERFORMANCE
12.2.3 PRODUCT OUTLOOK
12.2.4 KEY DEVELOPMENTS
12.3 DERBY CYCLE
12.3.1 OVERVIEW
12.3.2 FINANCIAL PERFORMANCE
12.3.3 PRODUCT OUTLOOK
12.3.4 KEY DEVELOPMENTS
12.4 FUJI-TA BICYCLE CO., LIMITED
12.4.1 OVERVIEW
12.4.2 FINANCIAL PERFORMANCE
12.4.3 PRODUCT OUTLOOK
12.4.4 KEY DEVELOPMENTS
12.5 GIANT MANUFACTURING CO., LIMITED
12.5.1 OVERVIEW
12.5.2 FINANCIAL PERFORMANCE
12.5.3 PRODUCT OUTLOOK
12.5.4 KEY DEVELOPMENTS
12.6 MERIDA INDUSTRY CO, LIMITED
12.6.1 OVERVIEW
12.6.2 FINANCIAL PERFORMANCE
12.6.3 PRODUCT OUTLOOK
12.6.4 KEY DEVELOPMENTS
12.7 ROYAL DUTCH GAZELLE
12.7.1 OVERVIEW
12.7.2 FINANCIAL PERFORMANCE
12.7.3 PRODUCT OUTLOOK
12.7.4 KEY DEVELOPMENTS
12.8. TREK BICYCLE CORPORATION
12.8.1 OVERVIEW
12.8.2 FINANCIAL PERFORMANCE
12.8.3 PRODUCT OUTLOOK
12.8.4 KEY DEVELOPMENTS
12.9 YADEA GROUP HOLDINGS LIMITED
12.9.1 OVERVIEW
12.9.2 FINANCIAL PERFORMANCE
12.9.3 PRODUCT OUTLOOK
12.9.4 KEY DEVELOPMENTS
12.10 YAMAHA MOTOR CO. LIMITED
12.10.1 OVERVIEW
12.10.2 FINANCIAL PERFORMANCE
12.10.3 PRODUCT OUTLOOK
12.10.4 KEY DEVELOPMENTS
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