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Global Electric Cargo Bikes Market: By Product Type: Two Wheeled, Three Wheeled, Four Wheeled; By Battery Type: Lead Based, Nickel Based, Lithium Ion; By End Use; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Electric Cargo Bikes Market Outlook

The global electric cargo bikes market reached a value of about USD 550 million in 2020. The market is further expected to grow at a CAGR of 12% in the forecast period of 2022-2027 to reach a value of approximately USD 1086 million by 2026.

 

Global Electric Cargo Bikes Market

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Europe to Dominate the Global Market for Electric Cargo Bikes

Europe is the leading region in the global market for electric cargo bikes and is expected to maintain its dominance in the forecast period as well. The market growth in Europe can be attributed to the thriving cargo bikes industry and the increasing adoption of electric vehicles (EVs) in the region. The favourable government initiatives to promote clean transport are significantly contributing to the industry growth. Further, Germany accounts for a major share in the European electric cargo bikes industry. The country recorded the sales of 15,000 e-cargo bikes in 2016. The increasing adoption of cargo bikes for private and commercial use is aiding the regional industry growth. Besides Germany, Denmark, the United Kingdom, and the Netherlands are the other significant national markets in Europe. Meanwhile, North America is expected to witness a considerable growth in the forecast period. The growing focus on improving air quality, decarbonising transport, and regaining public street space is expected to favour the electric cargo bikes industry growth in the coming years.

 

Electric Cargo Bikes: Industry Definition and Segmentation

Electric cargo bikes refer to battery operated bikes and bicycles. These bikes are operated and powered by portable batteries like lithium ion and nickel-based batteries. Electric cargo bikes are highly versatile and offer smooth ride as they are light in weight. They can serve as an efficient method of transport for carrying packages, cargo, food, and more. Further, the demand for these vehicles is increasing as they are environment friendly and have a low running cost.

 

Global Electric Cargo Bikes Market By End Use

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By product type, the market is bifurcated into:

  • Two Wheeled
  • Three Wheeled
  • Four Wheeled

The market is divided based on battery type into:

  • Lead Based
  • Nickel Based
  • Lithium Ion
  • Others

On the basis of end use, the industry can be segmented into:

  • Courier and Parcel Service Provider
  • Municipal Services
  • Service Delivery
  • Retail Supplier
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Electric Cargo Bikes Market By Region

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Increasing Environmental Concern to Bolster the Growth of the Electric Cargo Bikes Industry

The growing environmental consciousness around the globe is the major factor driving the growth of the electric cargo bikes industry. The increasing government investments to encourage the adoption of renewable energy sources and environment friendly alternatives have significantly contributed to the market expansion. While the four wheeled cargo bikes are yet to play a significant role, the sales of three-wheeler cargo bikes are growing at a relatively faster rate in comparison to two wheelers. The rapid technological advancements and new innovations to develop affordable and low emission transport alternatives are expected to bode well for the industry growth in the coming years.

 

Key Industry Players in the Global Electric Cargo Bikes Market

The report gives a detailed analysis of the following key players in the global electric cargo bikes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Rad Power Bikes LLC
  • Yuba Bicycles LLC
  • Worksman Trading Corporation
  • Douze Factory SAS
  • Republic Bike Inc.
  • Dutch Cargo Bike
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Battery Type, End Use, Region
Breakup by Product Type Two Wheeled, Three Wheeled, Four Wheeled
Breakup by Battery Type Lead Based, Nickel Based, Lithium Ion, Others
Breakup by End Use Courier and Parcel Service Provider, Municipal Services, Service Delivery, Retail Supplier, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
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 Rad Power Bikes LLC, Yuba Bicycles LLC, Worksman Trading Corporation, Douze Factory SAS, Republic Bike Inc., Dutch Cargo Bike, 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 Cargo Bikes Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Electric Cargo Bikes Historical Market (2017-2021) 
    8.3    Global Electric Cargo Bikes Market Forecast (2022-2027)
    8.4    Global Electric Cargo Bikes Market by Product Type
        8.4.1    Two Wheeled
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Three Wheeled
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Four Wheeled
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Electric Cargo Bikes Market by Battery Type
        8.5.1    Lead Based
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Nickel Based
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Lithium Ion
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Others
    8.6    Global Electric Cargo Bikes Market by End Use
        8.6.1    Courier and Parcel Service Provider
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Municipal Services
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Service Delivery
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Retail Supplier
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Others
    8.7    Global Electric Cargo Bikes 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 (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        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    Rad Power Bikes LLC
            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    Yuba Bicycles LLC
            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    Worksman Trading Corporation
            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    Douze Factory SAS
            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    Republic Bike Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Dutch Cargo Bike
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Electric Cargo Bikes Market: Key Industry Highlights, 2016 and 2026
2.    Global Electric Cargo Bikes Historical Market: Breakup by Product Type (USD Billion), 2017-2021
3.    Global Electric Cargo Bikes Market Forecast: Breakup by Product Type (USD Billion), 2022-2027
4.    Global Electric Cargo Bikes Historical Market: Breakup by Battery Type (USD Billion), 2017-2021
5.    Global Electric Cargo Bikes Market Forecast: Breakup by Battery Type (USD Billion), 2022-2027
6.    Global Electric Cargo Bikes Historical Market: Breakup by End Use (USD Billion), 2017-2021
7.    Global Electric Cargo Bikes Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8.    Global Electric Cargo Bikes Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Electric Cargo Bikes Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Electric Cargo Bikes Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Electric Cargo Bikes Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Electric Cargo Bikes Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Electric Cargo Bikes Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Electric Cargo Bikes Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Electric Cargo Bikes Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Electric Cargo Bikes Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Electric Cargo Bikes Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Electric Cargo Bikes Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Electric Cargo Bikes Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Global Electric Cargo Bikes Market Structure

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