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Global Electric Bike Market: By Product Type: Pedelecs, Speed Pedelecs, Throttle on Demand, Scooter and Motorcycle; By Drive Mechanism: Hub Motor, Mid-Drive, Others; By Battery Type; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Electric Bike Market Outlook

The global electric bike market attained a value of around USD 43719 million in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 9.80% to reach USD 76,609 million by 2026.

 

Europe to Dominate the Global Electric Bike Industry

Europe dominates the global electric bike industry owing to the increased focus on sustainability and favourable government initiatives to support cleaner energy sources in the region. The original nature of the product, fully-integrated batteries and drives, appealing designs, and the use of high-quality materials contributed to the demand for electric bike in Europe. In addition, e-bikes serve as a clean, quiet, and space-saving alternative for city logistics in these countries, thus, aiding the market growth.

 

Global Electric Bike Market

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During the projected period, the Asia Pacific is expected to be the fastest expanding market for e-bikes owing to rising e-bike sales in China, Japan, India, and Taiwan. In addition, widespread adoption of electric bikes to address challenges such as severe traffic and an increase in the number of automobiles is expected to significantly contribute to the electric bike industry growth in the Asia Pacific.

 

Increasing Demand for Lithium-Ion Batteries to Augment the Global Electric Bike Industry

Due to the numerous advantages of lithium-ion batteries, the lithium-ion battery category is expected to account for a considerable portion of the electric bike industry. Lithium-ion batteries, for example, are environmentally friendly and have a longer life cycle. The increased use of lithium-ion batteries is due to increasing efforts of the manufacturers to build lightweight e-bikes. Furthermore, the market has changed towards lithium-ion batteries due to the favourable government laws, resulting in a massive rise in demand for the same.

 

Global Electric Bike Industry: Definition and Segmentation

A bicycle with an integrated electric motor drive mechanism and battery that produces power for assisting propulsion is known as an electric bike. Consumers regard them as a viable and eco-friendly alternative to scooters, smart cars, and public transportation. In addition, e-bikes are easy to use, suitable for people of all ages, and cost-effective.

By product type, the industry is segmented into:

  • Pedelecs
  • Speed Pedelecs
  • Throttle on Demand
  • Scooter and Motorcycle

The market can be broadly categorised on the basis of its drive mechanism into:

  • Hub Motor
  • Mid-Drive
  • Others

By battery type, the industry is segmented into:

  • Lead Acid
  • Lithium-Ion 
  • Others

The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Increasing Inclination toward Use Of E-Bikes as an Eco-Friendly Mode of Transportation to Bolster the Growth of the Global Electric Bike Industry

The increasing carbon emissions due to the burning of fuel have been a major source of worry for governments and environmentalists in recent decades. As a result, the demand for environmental friendly vehicles increases around the world. Furthermore, governments are developing bicycle-friendly streets and implementing tax credits and incentives for consumers who purchase electric bikes, encouraging people to use e-bicycles. Furthermore, the popularity of electric bikes has grown across every continent due to the rise in fuel costs, increased pollution, and traffic congestion. In addition, the higher cost associated with operating and maintenance of fuel vehicles has led to a shift in daily commute preference for electric bikes, which is further propelling the industry. Over the forecast period, the improvements in bicycle infrastructure and battery technology are also projected to provide attractive chances to the electric bike business to flourish. The growing preference for e-bikes as a self-driving option by tourists to commute, as they are affordable and allow for smoother rides, is expected to aid the market growth.

 

Key Industry Players in the Global Electric Bike Market

The report presents a detailed analysis of the following key players in the global electric bike market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Accell Group
  • Jiangsu Xinri E-Vehicle Co., Ltd
  • Mahindra & Mahindra Ltd 
  • Fuji-ta Bicycle Co.,Ltd 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Drive Mechanism, Battery Type, Region
Breakup by Product Type Pedelecs, Speed Pedelecs, Throttle on Demand, Scooter and Motorcycle
Breakup by Drive Mechanism Hub Motor, Mid-Drive, Others
Breakup by Battery Type Lead Acid, Lithium-Ion, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Accell Group, Jiangsu Xinri E-Vehicle Co., Ltd, Mahindra & Mahindra Ltd, Fuji-ta Bicycle Co.,Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Electric Bike Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Electric Bike Historical Market (2016-2020) 
    8.3    Global Electric Bike Market Forecast (2021-2026)
    8.4    Global Electric Bike Market by Product Type
        8.4.1    Pedelecs
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Speed Pedelecs
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Throttle on Demand
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Scooter and Motorcycle
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
    8.5    Global Electric Bike Market by Drive Mechanism
        8.5.1    Hub Motor
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Mid-Drive
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Electric Bike Market by Battery Type
        8.6.1    Lead Acid
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Lithium-Ion 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Others
    8.7    Global Electric Bike Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Accell Group
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Jiangsu Xinri E-Vehicle Co., Ltd
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Mahindra & Mahindra Ltd 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Fuji-ta Bicycle Co.,Ltd.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Electric Bike Market: Key Industry Highlights, 2016 and 2026
2.    Global Electric Bike Historical Market: Breakup by Product Type (USD Million), 2016-2020
3.    Global Electric Bike Market Forecast: Breakup by Product Type (USD Million), 2021-2026
4.    Global Electric Bike Historical Market: Breakup by Drive Mechanism (USD Million), 2016-2020
5.    Global Electric Bike Market Forecast: Breakup by Drive Mechanism (USD Million), 2021-2026
6.    Global Electric Bike Historical Market: Breakup by Battery Type (USD Million), 2016-2020
7.    Global Electric Bike Market Forecast: Breakup by Battery Type (USD Million), 2021-2026
8.    Global Electric Bike Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Electric Bike Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Electric Bike Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Electric Bike Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Electric Bike Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Electric Bike Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Electric Bike Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Electric Bike Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Electric Bike Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Electric Bike Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Electric Bike Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Electric Bike Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Global Electric Bike Market Structure

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