Acumen Research and Consulting estimates that global E-Bike market is expected to reach the market value of around US$ 40 Bn by 2027 and is anticipated to grow at a CAGR of around 8% in terms of revenue during the forecast period 2020 – 2027.
A standard bicycle with an electric motor, battery and train is an e-bike or an electronic bicycle. The motorcycle can be moved by pedaling or battery charging. They use lead acid batteries primarily and can hold a single charge for long distances. E-bikes are easy to operate and are convenient for all ages and are an economical alternative, compared with motorcycles, as an environmentally friendly mode of transport.
The report provides analysis of global E-Bike market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Insights
The global electric bike market continues to shape a combination of various macroeconomic and microeconomic factors. Consistent technological developments have made the development of eco-friendly, comfortable electric bikes possible. Increasing awareness among consumers about the need to reduce their carbon footprint is also positively influencing demand for electric bikes.
Extended support from the government and the enforcement of stringent rules in different locations has pushed electric bike sales. The concepts of public charging infrastructure and e-bikes rental services are increasing in metro cities, especially in North America and in European countries. Growing research and development activities by many industry players, the development of high-performance new batteries and the growth of high-performance vehicles played an important role in boosting the use of electric bikes. In addition, manufacturers drive electric motorcycle sales through the environmental positioning of their product which not only cuts the air pollution, but also reduces the greenhouse effect significantly as it emits the low emissions from tailpipes.
Electric motorcycles are very expensive and cannot be afforded by everyone. Due to the limited number of charging stations, these motorcycles are often charged because they run on batteries. In addition, it is extremely important that the product is maintained, and that proper charging infrastructure is required. A further key factor in preventing consumers from purchasing electric bikes is the high maintenance cost.
Regional Stance
Asia Pacific region is anticipated to dominate the market led by China. China's contribution to income in this region is crucial. China has launched several green transport initiatives and has strict emission regulations that drive the electric bike market. Demand in Europe is rising owing to the demand mainly from Germany, France, and the UK. Besides, the Middle East and Africa is also expected to increase.
Report coverage
The market research study on “E-Bike Market (E-Bike Market By Type: Throttle on demand, Pedelecs, Scooter & motorcycle; E-Bike Market By Mechanism: Mid drive, Hub motor, Others; E-Bike Market By Battery: Nickel-metal hydride (NiMH), Lithium ion, Lead acid, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global E-Bike market entailing insights on its different market segments.
Market Challenges
For the growth of products on the market, the distribution system is vital. An e-bike is a product with advanced technology. It therefore requires sound technological and exclusive distribution channels to provide customers with guidance in order to fulfill their requirements. Unfortunately, in most global markets there are currently a few e-bike distributors. Most stores deal with electric bicycles, but do not have the experience and services to help the growing e-bike industry. Many e-bike manufacturers try to work with independent distributors and large retailers to deliver and provide customers with effective after-sales services.
The global E-Bike market is segmented as below:
Market Segmentation
E-Bike Market By Type
Throttle on demand
Pedelecs
Scooter & motorcycle
E-Bike Market By Mechanism
Mid drive
Hub motor
Others
E-Bike Market By Battery
Nickel-metal hydride (NiMH)
Lithium ion
Lead acid
Others
E-Bike Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Accell Group, Fuji-ta Bicycle Co., Ltd, Trek Bicycle Corporation, Giant Manufacturing Co., Ltd., Bionx International Corporation, Derby Cycle, Jiangsu xinri e-vehicle Co., Ltd., Tianjin Golden Wheel Group Co., Ltd., Prodecotech, LLC, Others.
The largest player on this market is supposed to be Giant Bicycles. The presence of the company is largely concentrated in China, and other important markets are Europe and North America. By incorporating products and new releases, the Company diversifies its product range and strives to continue to lead.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of E-Bike
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. E-Bike Market By Type
1.2.2.1. Global E-Bike Market Revenue and Growth Rate Comparison By Type(2020-2027)
1.2.2.2. Global E-Bike Market Revenue Share By Type in 2019
1.2.2.3. Throttle on demand
1.2.2.4. Pedelecs
1.2.2.5. Scooter & motorcycle
1.2.3. E-Bike Market By Mechanism
1.2.3.1. Global E-Bike Market Revenue and Growth Rate Comparison By Mechanism (2020-2027)
1.2.3.2. Global E-Bike Market Revenue Share By Mechanism in 2019
1.2.3.2.1. Mid drive
1.2.3.2.2. Hub motor
1.2.3.2.3. Others
1.2.4. E-Bike Market By Battery
1.2.4.1. Global E-Bike Market Revenue and Growth Rate Comparison By Battery(2020-2027)
1.2.4.2. Global E-Bike Market Revenue Share By Battery in 2019
1.2.4.2.1. Nickel-metal hydride (NiMH)
1.2.4.2.2. Lithium ion
1.2.4.2.3. Lead acid
1.2.4.2.4. Others
1.2.5. E-Bike Market By Geography
1.2.5.1. Global E-Bike Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America E-Bike Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe E-Bike Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific E-Bike Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America E-Bike Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) E-Bike Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING E-Bike ANALYSIS
3.1. Capacity and Commercial Production Date of Global E-Bike Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global E-Bike Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global E-Bike Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global E-Bike Major Manufacturers in 2019
CHAPTER 4. E-Bike MARKET By Type
4.1. Global E-Bike Revenue By Type
4.2. Throttle on demand
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Pedelecs
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Scooter & motorcycle
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. E-Bike MARKET By Mechanism
5.1. Global E-Bike Revenue By Mechanism
5.2. Mid drive
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Hub motor
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. E-Bike MARKET By Battery
6.1. Global E-Bike Revenue By Battery
6.2. Nickel-metal hydride (NiMH)
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Lithium ion
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Lead acid
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA E-Bike MARKET BY COUNTRY
7.1. North America E-Bike Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America E-Bike Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. E-Bike Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe E-Bike Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe E-Bike Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC E-Bike MARKET BY COUNTRY
9.1. Asia-Pacific E-Bike Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific E-Bike Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA E-Bike MARKET BY COUNTRY
10.1. Latin America E-Bike Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America E-Bike Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA E-Bike MARKET BY COUNTRY
11.1. Middle East & Africa E-Bike Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa E-Bike Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Mechanism, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Battery, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Accell Group
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Fuji-ta Bicycle Co., Ltd
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Trek Bicycle Corporation
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Giant Manufacturing Co., Ltd.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Bionx International Corporation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Derby Cycle
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. Jiangsu xinri e-vehicle Co., Ltd.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Tianjin Golden Wheel Group Co., Ltd.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Prodecotech, LLC
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolioa
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
