E-bike Market Future Demands, Growth, Size, Forecast, Region, Opportunities, Top Trending Key Players 2030

The global E-bike market size is expected to be worth around US$ 120,657 million by 2030, according to a new report by Vision Research Reports.

The global E-bike market size was valued at US$ 41,312 million in 2020 and is anticipated to grow at a CAGR of 11.5% during forecast period 2021 to 2030.

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E-bike Market (By Class: class-I, class-II, class-III; By Speed: up to 25 km/h, 25-45 km/h; By Battery Type: lithium-ion, lithium-ion polymer, lead acid, others; By Motor Type: Hub, mid; By Mode: Pedal assist, Throttle; By Components: Batteries, Electric Motors, Frame with Fork, Wheels, Crank Gears, Brake Systems, Others; By Usage: Mountain/trekking, City/urban, Cargo) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

The positive impact of the COVID-19 pandemic can be witnessed on the e-bike market, with a significant increase in e-bike sales observed in 2020 (with the trend expected to continue in 2021 as well). Asia Pacific is expected to be the largest market for e-bikes during the forecast period. In this region, India, Japan, South Korea, and Taiwan are potential markets owing to the increasing e-bike sales in these countries. The mountain e-bike is expected to account for a significant share of the ebike market during the forecast period due to its robustness and high-performance design. Class I e-bike is expected to be the largest market during the forecast period as countries such as China, Japan, South Korea, and Taiwan allow only class-I e-bikes as they are without throttle assist and have a maximum speed of 25 Km/h.

Electric bike is a bicycle with an integrated electric motor drive mechanism and battery, which produces power for causing or assisting propulsion. Various kinds of globally available e-bikes range from electric bikes with a small motor to assist the pedal-power of the rider to more powerful e-bikes that produce power to completely drive the bike using throttle.

Electric bikes are a flexible, versatile, eco-friendly, and trendy mode of transport. Consumers look up to them as an ideal substitute for scooters, smart cars, and public transport. These bikes help tackle traffic congestion, owing to the smaller size of e-bikes, attain higher speed with lesser effort, and health benefits attained with peddling. These factors lead to rise in popularity of electric bikes across the globe.

Implementation of government regulations to encourage the use of electric bikes

Governments of various countries are taking initiatives to reduce the carbon footprints by encouraging the use of electric bikes, electric vehicles, and bicycles, owing to increase in awareness toward the hazardous effects of using vehicles running on fossil fuels. Moreover, governments are constructing bicycle-friendly streets, which are encouraging individuals to opt for bicycle as a key mode of commute.

Electric bicycles, scooters, and motorcycles have gained significant attention from various governments as reliable and efficient types of light motor vehicles (LMVs), which help in reducing the carbon footprint. Furthermore, to encourage the use of these environment-friendly vehicles, governments around the world are supporting for the purchase of electric mobility, in terms of tax credits and incentives.

Consumer inclination toward use of e-bikes as an eco-friendly & efficient solution for commute

Increase in global carbon emission by fuel combustion has been one of the major concerns for governments and environmentalists from the past few decades. This, in turn, boosts the demand for electric vehicles across the globe, thereby supplementing the growth of the market.

High cost of e-bikes

High cost of e-bikes is a major factor that restrains the growth of the E-bikes market. The cost of the battery and technology makes e-bikes costlier as compared to traditional bicycles, conventional scooters, or motorcycles. Hence, consumers find conventional scooters or motorcycles superior in performance with same or less price.

Improvement in bicycling infrastructure & battery technology

E-bikes are less expensive than cars, do not require license, and can be used on existing bicycling infrastructure. Rapid urbanization and less preference of consumers to use cars due to increased traffic congestion are anticipated to offer lucrative opportunities for market expansion.

Report Coverage

Key Players

• Accell Group
• Derby Cycle
• Fuji-ta Bicycle Co., Ltd.
• Giant Manufacturing Co., Ltd.
• Jiangsu Xinri E-Vehicle Co., Ltd.
• Mahindra & Mahindra Ltd. (GenZe)
• Prodecotech, LLC
• Tianjin Golden Wheel Group Co., Ltd.
• Trek Bicycle Corporation
• Yamaha Motor Co. Ltd.

Market Segmentation

By Class

• class-I
• class-II
• class-III

By Speed

• up to 25 km/h
• 25-45 km/h

By Battery Type

• lithium-ion
• lithium-ion polymer
• lead acid
• and others

By Motor Type

• Hub
• mid

By Mode

• pedal assist
• throttle

By Components

• Batteries
• electric motors
• frame with fork
• wheels
• crank gears
• brake systems
• and others

By Usage

• mountain/trekking
• city/urban
• cargo
• and others

By Region

• Asia Pacific
• Europe
• North America

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global E-bike Market, By Class

7.1.  E-bike Market, by Class, 2021-2030

7.1.1.    Class I

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Class II

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Class III

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global E-bike Market, By Speed

8.1.  E-bike Market, by Speed, 2021-2030

8.1.1.    up to 25 km/h

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    25-45 km/h

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global E-bike Market, By Battery Type

9.1.  E-bike Market, by Battery Type, 2021-2030

9.1.1.    lithium-ion

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    lithium-ion polymer

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    lead acid

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    and others

9.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global E-bike Market, By Motor Type

10.1.        E-bike Market, by Motor Type, 2021-2030

10.1.1.  Hub

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Mid

10.1.2.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global E-bike Market, By Mode

11.1.        E-bike Market, by Mode, 2021-2030

11.1.1.  Pedal assist

11.1.1.1.      Market Revenue and Forecast (2017-2030)

11.1.2.  Throttle

11.1.2.1.      Market Revenue and Forecast (2017-2030)

Chapter 12.      Global E-bike Market, By Components

12.1.        E-bike Market, by Components, 2021-2030

12.1.1.  Batteries

12.1.1.1.      Market Revenue and Forecast (2017-2030)

12.1.2.  Electric Motors

12.1.2.1.      Market Revenue and Forecast (2017-2030)

12.1.3.  Frame with Fork

12.1.3.1.      Market Revenue and Forecast (2017-2030)

12.1.4.  Wheels

12.1.4.1.      Market Revenue and Forecast (2017-2030)

12.1.5.  Crank Gears

12.1.5.1.      Market Revenue and Forecast (2017-2030)

12.1.6.  Brake Systems

12.1.6.1.      Market Revenue and Forecast (2017-2030)

Chapter 13.      Global E-bike Market, By Usage

13.1.        E-bike Market, by Usage, 2021-2030

13.1.1.  Mountain/trekking

13.1.1.1.      Market Revenue and Forecast (2017-2030)

13.1.2.  City/urban

13.1.2.1.      Market Revenue and Forecast (2017-2030)

13.1.3.  Cargo

13.1.3.1.      Market Revenue and Forecast (2017-2030)

Chapter 14.      Global E-bike  Market, Regional Estimates and Trend Forecast

14.1.        North America

14.1.1.  Market Revenue and Forecast, by Class (2017-2030)

14.1.2.  Market Revenue and Forecast, by Speed (2017-2030)

14.1.3.  Market Revenue and Forecast, by Battery Type (2017-2030)

14.1.4.  Market Revenue and Forecast, by Motor Type (2017-2030)

14.1.5.  Market Revenue and Forecast, by Mode (2017-2030)

14.1.6.  Market Revenue and Forecast, by Usage (2017-2030)

14.1.7.  Market Revenue and Forecast, by Components (2017-2030)

14.1.8.  U.S.

14.1.8.1.      Market Revenue and Forecast, by Class (2017-2030)

14.1.8.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.1.8.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.1.8.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.1.8.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.1.8.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.1.8.7.      Market Revenue and Forecast, by Components (2017-2030)

14.1.9.  Rest of North America

14.1.9.1.      Market Revenue and Forecast, by Class (2017-2030)

14.1.9.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.1.9.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.1.9.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.1.9.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.1.9.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.1.9.7.      Market Revenue and Forecast, by Components (2017-2030)

14.2.        Europe

14.2.1.  Market Revenue and Forecast, by Class (2017-2030)

14.2.2.  Market Revenue and Forecast, by Speed (2017-2030)

14.2.3.  Market Revenue and Forecast, by Battery Type (2017-2030)

14.2.4.  Market Revenue and Forecast, by Motor Type (2017-2030)

14.2.5.  Market Revenue and Forecast, by Mode (2017-2030)

14.2.6.  Market Revenue and Forecast, by Usage (2017-2030)

14.2.7.  Market Revenue and Forecast, by Components (2017-2030)

14.2.8.  UK

14.2.8.1.      Market Revenue and Forecast, by Class (2017-2030)

14.2.8.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.2.8.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.2.8.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.2.8.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.2.8.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.2.8.7.      Market Revenue and Forecast, by Components (2017-2030)

14.2.9.  Germany

14.2.9.1.      Market Revenue and Forecast, by Class (2017-2030)

14.2.9.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.2.9.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.2.9.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.2.9.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.2.9.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.2.9.7.      Market Revenue and Forecast, by Components (2017-2030)

14.2.10.               France

14.2.10.1.   Market Revenue and Forecast, by Class (2017-2030)

14.2.10.2.   Market Revenue and Forecast, by Speed (2017-2030)

14.2.10.3.   Market Revenue and Forecast, by Battery Type (2017-2030)

14.2.10.4.   Market Revenue and Forecast, by Motor Type (2017-2030)

14.2.10.5.   Market Revenue and Forecast, by Mode (2017-2030)

14.2.10.6.   Market Revenue and Forecast, by Usage (2017-2030)

14.2.10.7.   Market Revenue and Forecast, by Components (2017-2030)

14.2.11.               Rest of Europe

14.2.11.1.   Market Revenue and Forecast, by Class (2017-2030)

14.2.11.2.   Market Revenue and Forecast, by Speed (2017-2030)

14.2.11.3.   Market Revenue and Forecast, by Battery Type (2017-2030)

14.2.11.4.   Market Revenue and Forecast, by Motor Type (2017-2030)

14.2.11.5.   Market Revenue and Forecast, by Mode (2017-2030)

14.2.11.6.   Market Revenue and Forecast, by Usage (2017-2030)

14.2.11.7.   Market Revenue and Forecast, by Components (2017-2030)

14.3.        APAC

14.3.1.  Market Revenue and Forecast, by Class (2017-2030)

14.3.2.  Market Revenue and Forecast, by Speed (2017-2030)

14.3.3.  Market Revenue and Forecast, by Battery Type (2017-2030)

14.3.4.  Market Revenue and Forecast, by Motor Type (2017-2030)

14.3.5.  Market Revenue and Forecast, by Mode (2017-2030)

14.3.6.  Market Revenue and Forecast, by Usage (2017-2030)

14.3.7.  Market Revenue and Forecast, by Components (2017-2030)

14.3.8.  India

14.3.8.1.      Market Revenue and Forecast, by Class (2017-2030)

14.3.8.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.3.8.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.3.8.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.3.8.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.3.8.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.3.8.7.      Market Revenue and Forecast, by Components (2017-2030)

14.3.9.  China

14.3.9.1.      Market Revenue and Forecast, by Class (2017-2030)

14.3.9.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.3.9.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.3.9.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.3.9.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.3.9.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.3.9.7.      Market Revenue and Forecast, by Components (2017-2030)

14.3.10.               Japan

14.3.10.1.   Market Revenue and Forecast, by Class (2017-2030)

14.3.10.2.   Market Revenue and Forecast, by Speed (2017-2030)

14.3.10.3.   Market Revenue and Forecast, by Battery Type (2017-2030)

14.3.10.4.   Market Revenue and Forecast, by Motor Type (2017-2030)

14.3.10.5.   Market Revenue and Forecast, by Mode (2017-2030)

14.3.10.6.   Market Revenue and Forecast, by Usage (2017-2030)

14.3.10.7.   Market Revenue and Forecast, by Components (2017-2030)

14.3.11.               Rest of APAC

14.3.11.1.   Market Revenue and Forecast, by Class (2017-2030)

14.3.11.2.   Market Revenue and Forecast, by Speed (2017-2030)

14.3.11.3.   Market Revenue and Forecast, by Battery Type (2017-2030)

14.3.11.4.   Market Revenue and Forecast, by Motor Type (2017-2030)

14.3.11.5.   Market Revenue and Forecast, by Mode (2017-2030)

14.3.11.6.   Market Revenue and Forecast, by Usage (2017-2030)

14.3.11.7.   Market Revenue and Forecast, by Components (2017-2030)

14.4.        MEA

14.4.1.  Market Revenue and Forecast, by Class (2017-2030)

14.4.2.  Market Revenue and Forecast, by Speed (2017-2030)

14.4.3.  Market Revenue and Forecast, by Battery Type (2017-2030)

14.4.4.  Market Revenue and Forecast, by Motor Type (2017-2030)

14.4.5.  Market Revenue and Forecast, by Mode (2017-2030)

14.4.6.  Market Revenue and Forecast, by Usage (2017-2030)

14.4.7.  Market Revenue and Forecast, by Components (2017-2030)

14.4.8.  GCC

14.4.8.1.      Market Revenue and Forecast, by Class (2017-2030)

14.4.8.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.4.8.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.4.8.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.4.8.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.4.8.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.4.8.7.      Market Revenue and Forecast, by Components (2017-2030)

14.4.9.  North Africa

14.4.9.1.      Market Revenue and Forecast, by Class (2017-2030)

14.4.9.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.4.9.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.4.9.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.4.9.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.4.9.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.4.9.7.      Market Revenue and Forecast, by Components (2017-2030)

14.4.10.               South Africa

14.4.10.1.   Market Revenue and Forecast, by Class (2017-2030)

14.4.10.2.   Market Revenue and Forecast, by Speed (2017-2030)

14.4.10.3.   Market Revenue and Forecast, by Battery Type (2017-2030)

14.4.10.4.   Market Revenue and Forecast, by Motor Type (2017-2030)

14.4.10.5.   Market Revenue and Forecast, by Mode (2017-2030)

14.4.10.6.   Market Revenue and Forecast, by Usage (2017-2030)

14.4.10.7.   Market Revenue and Forecast, by Components (2017-2030)

14.4.11.               Rest of MEA

14.4.11.1.   Market Revenue and Forecast, by Class (2017-2030)

14.4.11.2.   Market Revenue and Forecast, by Speed (2017-2030)

14.4.11.3.   Market Revenue and Forecast, by Battery Type (2017-2030)

14.4.11.4.   Market Revenue and Forecast, by Motor Type (2017-2030)

14.4.11.5.   Market Revenue and Forecast, by Mode (2017-2030)

14.4.11.6.   Market Revenue and Forecast, by Usage (2017-2030)

14.4.11.7.   Market Revenue and Forecast, by Components (2017-2030)

14.5.        Latin America

14.5.1.  Market Revenue and Forecast, by Class (2017-2030)

14.5.2.  Market Revenue and Forecast, by Speed (2017-2030)

14.5.3.  Market Revenue and Forecast, by Battery Type (2017-2030)

14.5.4.  Market Revenue and Forecast, by Motor Type (2017-2030)

14.5.5.  Market Revenue and Forecast, by Mode (2017-2030)

14.5.6.  Market Revenue and Forecast, by Usage (2017-2030)

14.5.7.  Market Revenue and Forecast, by Components (2017-2030)

14.5.8.  Brazil

14.5.8.1.      Market Revenue and Forecast, by Class (2017-2030)

14.5.8.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.5.8.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.5.8.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.5.8.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.5.8.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.5.8.7.      Market Revenue and Forecast, by Components (2017-2030)

14.5.9.  Rest of LATAM

14.5.9.1.      Market Revenue and Forecast, by Class (2017-2030)

14.5.9.2.      Market Revenue and Forecast, by Speed (2017-2030)

14.5.9.3.      Market Revenue and Forecast, by Battery Type (2017-2030)

14.5.9.4.      Market Revenue and Forecast, by Motor Type (2017-2030)

14.5.9.5.      Market Revenue and Forecast, by Mode (2017-2030)

14.5.9.6.      Market Revenue and Forecast, by Usage (2017-2030)

14.5.9.7.      Market Revenue and Forecast, by Components (2017-2030)

Chapter 15.  Company Profiles

15.1.              Accell Group

15.1.1.  Company Overview

15.1.2.  Product Offerings

15.1.3.  Financial Performance

15.1.4.  Recent Initiatives

15.2.              Derby Cycle

15.2.1.  Company Overview

15.2.2.  Product Offerings

15.2.3.  Financial Performance

15.2.4.  Recent Initiatives

15.3.              Fuji-ta Bicycle Co., Ltd.

15.3.1.  Company Overview

15.3.2.  Product Offerings

15.3.3.  Financial Performance

15.3.4.  Recent Initiatives

15.4.              Giant Manufacturing Co., Ltd.

15.4.1.  Company Overview

15.4.2.  Product Offerings

15.4.3.  Financial Performance

15.4.4.  Recent Initiatives

15.5.              Jiangsu Xinri E-Vehicle Co., Ltd.

15.5.1.  Company Overview

15.5.2.  Product Offerings

15.5.3.  Financial Performance

15.5.4.  Recent Initiatives

15.6.              Mahindra & Mahindra Ltd. (GenZe)

15.6.1.  Company Overview

15.6.2.  Product Offerings

15.6.3.  Financial Performance

15.6.4.  Recent Initiatives

15.7.              Prodecotech, LLC

15.7.1.  Company Overview

15.7.2.  Product Offerings

15.7.3.  Financial Performance

15.7.4.  Recent Initiatives

15.8.              Tianjin Golden Wheel Group Co., Ltd.

15.8.1.  Company Overview

15.8.2.  Product Offerings

15.8.3.  Financial Performance

15.8.4.  Recent Initiatives

15.9.              Trek Bicycle Corporation

15.9.1.  Company Overview

15.9.2.  Product Offerings

15.9.3.  Financial Performance

15.9.4.  Recent Initiatives

15.10.           Yamaha Motor Co. Ltd.

15.10.1.               Company Overview

15.10.2.               Product Offerings

15.10.3.               Financial Performance

15.10.4.               Recent Initiatives

Chapter 16.  Research Methodology

16.1.              Primary Research

16.2.              Secondary Research

16.3.              Assumptions

Chapter 17.  Appendix

17.1.              About Us

Glossary of Terms

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