by The global E-bike market growth is projected to be USD 40.98 billion by 2030, growing from USD 17.56 billion in 2021, at a CAGR of 9.6% from 2021 to 2030. The report contains 150+ pages with detailed analysis.
The base year for the study has been considered 2021, the historic year 2017 and 2020, the forecast period considered is from 2021 to 2030. The E-bike market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
Electric bikes are foreseen as a flexible and eco-friendly mode of transportation. Customers’ perception about e-bikes is as they are ideal substitute for smart cars, scooters, and public transport. These bikes help in tackling traffic jams, owing to the compact size of bikes and can attain high speed with minimum efforts plus they also provide health benefits owing to the act of peddling. These factors are raising the popularity of e-bikes across the globe.
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Scope of the E-bike Market
| Report Coverage | Details |
| Market Size | USD 40.98 billion by 2030 |
| Growth Rate | CAGR of 9.6% from 2021 and 2030 |
| Largest Market | Asia Pacific |
| Fastest Growing Market | Middle East & Africa |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Class, Speed, Battery Type, Motor Type, Mode, Application, Region |
Key Companies & Market Share Insights
The market is moderately fragmented with the presence of several local companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers, novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. Companies are also spending on the development of improved products. Moreover, they are also focusing on maintaining competitive pricing. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the major players in the global E-bike market include:
- 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.
COVID-19 Impact Analysis:
- The automotive industry was badly impacted due to the outbreak of COVID-19 in the year 2020 and witnessed a decline of nearly 20% in the automotive sales
- Mobility service sector was among the severely impacted industries by the coronavirus pandemic as transit system and Uber registered a fall in passenger of approximately 90%-70%
- Although, the automotive sector is struggling through this pandemic time, the electric bike (e-bike) industry expected to witness promising growth in the near future
- The import figure of e-bikes in Europe is slightly impact in the starting four months of the COVID-19 outbreak with a decline of nearly 3%
Global E-bike Market Report Highlights:
- The Asia Pacific captured major portion of revenue as well as consumption share of more than 90% in the year 2019. Significant production of e-bikes in China is the major factor that drives the market growth in the region.
- Based on speed, up to 25 km/h is the most opportunistic segment owing to the no regulations applied on the usage of e-bike under 25 kmph speed range. In 2020, up to 25 Km/h segment dominated the market with around 66.62 % share in terms of revenue of the total market. In addition, up to 25 Km/h is projected to grow at highest CAGR of 9.59% during forecast period from 2021 to 2030.
- On the basis of battery type, li-ion are the most lucrative segment that register the fastest growth over the analysis period owing to numerous on-going research to enhance the battery performance and reduce its overall operating cost and size of the battery.
- By class, in 2020, Class 1 segment dominated the market with around 45.80% share in terms of revenue of the total market. In addition, Class 1 is projected to grow at the highest CAGR of 9.80% during forecast period from 2021 to 2030.
- By motor type, in 2020 the hub segment dominated the market with around 77.28 % share in terms of revenue of the total market. On the other hand, mid-drive is projected to grow at highest CAGR of 10.81% during forecast period from 2021 to 2030.
- By mode, in 2020, pedal assist segment dominated the market with around 43.86% share in terms of revenue of the total market. In addition, pedal assist is projected to grow at highest CAGR of 10.05% during forecast period from 2021 to 2030.
- By application, in 2020, city/urban segment dominated the market with around 60.71% share in terms of revenue of the total market. On the other hand, mountain/trekking is projected to grow at the highest CAGR of 10.20% during forecast period from 2021 to 2030.
Global E-bike Market News:
- In March 2021, SUNRA introduced a new e-bike for riders who want more, more distance, more manpower saving, more style & more fun. All of Sunra e-bikes are designed with pedal-assist motors that are located in the same area as your pedals. They feel natural while pedaling, are easy to shift on hills, and provide a boost of smooth, consistent power with every pedal stroke you take.
- In May 2019, Giant Manufacturing announced to join a B2B platform ConnectBike. Under this project the company will develop more than 300,000 e-bike for providing connected bike sharing platform in the Netherlands and Belgium by 2022.
- In April 2019, Accell Group has signed a contract with a Dutch hotel chain for the delivery of 1,300 Sparta e-bikes via B2B partner Zilt bikes. Fletcher Hotels will use the e-bikes, painted in its company colours, to expand its rental portfolio.
- In July 2018, Giant Bicycle released its new eMTB models for model year 2019, the Trance E+ and the Stance E+. These models are more based on the Trance and Stance traditional mountain bikes that make their line more consistent. The bikes are called the Trance E+ and Stance E+, respectively.
- In August 2017, Germany based e-bike manufacturer, Derby Cycle introduced four new e-bike model families Endeavour (Trekking), Entice (Cross), Image (City) and Berleen (Urban) under its brand named Kalkhoff. The new e-bike are integrated with mid-engine and fully integrated battery
Market Segments Covered
By Class
- Class 1
- Class 2
- Class 3
By Speed
- Up to 25 km/h
- 25-45 km/h
By Battery Type
- Lithium-ion
- Nickel Metal Hydride (NiMH)
- Lead Acid
- Others
By Motor Type
- Hub
- Mid-drive
By Mode
- Pedal Assist
- Throttle
- Others
By Application
- Mountain/trekking
- City/urban
- Cargo
- Others
By Regional Outlook
- North America
- US
- Rest of North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
TABLE OF CONTENT
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 (2019-2030)
7.1.2. Class II
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. Class III
7.1.3.1. Market Revenue and Forecast (2019-2030)
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 (2019-2030)
8.1.2. 25-45 km/h
8.1.2.1. Market Revenue and Forecast (2019-2030)
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 (2019-2030)
9.1.2. Lithium-ion polymer
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Lead acid
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2019-2030)
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 (2019-2030)
10.1.2. Mid
10.1.2.1. Market Revenue and Forecast (2019-2030)
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 (2019-2030)
11.1.2. Throttle
11.1.2.1. Market Revenue and Forecast (2019-2030)
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 (2019-2030)
12.1.2. Electric Motors
12.1.2.1. Market Revenue and Forecast (2019-2030)
12.1.3. Frame with Fork
12.1.3.1. Market Revenue and Forecast (2019-2030)
12.1.4. Wheels
12.1.4.1. Market Revenue and Forecast (2019-2030)
12.1.5. Crank Gears
12.1.5.1. Market Revenue and Forecast (2019-2030)
12.1.6. Brake Systems
12.1.6.1. Market Revenue and Forecast (2019-2030)
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 (2019-2030)
13.1.2. City/urban
13.1.2.1. Market Revenue and Forecast (2019-2030)
13.1.3. Cargo
13.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 14. Global E-bike Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Class (2019-2030)
14.1.2. Market Revenue and Forecast, by Speed (2019-2030)
14.1.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.1.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.1.5. Market Revenue and Forecast, by Mode (2019-2030)
14.1.6. Market Revenue and Forecast, by Usage (2019-2030)
14.1.7. Market Revenue and Forecast, by Components (2019-2030)
14.1.8. U.S.
14.1.8.1. Market Revenue and Forecast, by Class (2019-2030)
14.1.8.2. Market Revenue and Forecast, by Speed (2019-2030)
14.1.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.1.8.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.1.8.5. Market Revenue and Forecast, by Mode (2019-2030)
14.1.8.6. Market Revenue and Forecast, by Usage (2019-2030)
14.1.8.7. Market Revenue and Forecast, by Components (2019-2030)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Class (2019-2030)
14.1.9.2. Market Revenue and Forecast, by Speed (2019-2030)
14.1.9.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.1.9.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.1.9.5. Market Revenue and Forecast, by Mode (2019-2030)
14.1.9.6. Market Revenue and Forecast, by Usage (2019-2030)
14.1.9.7. Market Revenue and Forecast, by Components (2019-2030)
14.2. Europe
14.2.1. Market Revenue and Forecast, by Class (2019-2030)
14.2.2. Market Revenue and Forecast, by Speed (2019-2030)
14.2.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.2.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.2.5. Market Revenue and Forecast, by Mode (2019-2030)
14.2.6. Market Revenue and Forecast, by Usage (2019-2030)
14.2.7. Market Revenue and Forecast, by Components (2019-2030)
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Class (2019-2030)
14.2.8.2. Market Revenue and Forecast, by Speed (2019-2030)
14.2.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.2.8.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.2.8.5. Market Revenue and Forecast, by Mode (2019-2030)
14.2.8.6. Market Revenue and Forecast, by Usage (2019-2030)
14.2.8.7. Market Revenue and Forecast, by Components (2019-2030)
14.2.9. Germany
14.2.9.1. Market Revenue and Forecast, by Class (2019-2030)
14.2.9.2. Market Revenue and Forecast, by Speed (2019-2030)
14.2.9.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.2.9.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.2.9.5. Market Revenue and Forecast, by Mode (2019-2030)
14.2.9.6. Market Revenue and Forecast, by Usage (2019-2030)
14.2.9.7. Market Revenue and Forecast, by Components (2019-2030)
14.2.10. France
14.2.10.1. Market Revenue and Forecast, by Class (2019-2030)
14.2.10.2. Market Revenue and Forecast, by Speed (2019-2030)
14.2.10.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.2.10.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.2.10.5. Market Revenue and Forecast, by Mode (2019-2030)
14.2.10.6. Market Revenue and Forecast, by Usage (2019-2030)
14.2.10.7. Market Revenue and Forecast, by Components (2019-2030)
14.2.11. Rest of Europe
14.2.11.1. Market Revenue and Forecast, by Class (2019-2030)
14.2.11.2. Market Revenue and Forecast, by Speed (2019-2030)
14.2.11.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.2.11.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.2.11.5. Market Revenue and Forecast, by Mode (2019-2030)
14.2.11.6. Market Revenue and Forecast, by Usage (2019-2030)
14.2.11.7. Market Revenue and Forecast, by Components (2019-2030)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Class (2019-2030)
14.3.2. Market Revenue and Forecast, by Speed (2019-2030)
14.3.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.3.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.3.5. Market Revenue and Forecast, by Mode (2019-2030)
14.3.6. Market Revenue and Forecast, by Usage (2019-2030)
14.3.7. Market Revenue and Forecast, by Components (2019-2030)
14.3.8. India
14.3.8.1. Market Revenue and Forecast, by Class (2019-2030)
14.3.8.2. Market Revenue and Forecast, by Speed (2019-2030)
14.3.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.3.8.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.3.8.5. Market Revenue and Forecast, by Mode (2019-2030)
14.3.8.6. Market Revenue and Forecast, by Usage (2019-2030)
14.3.8.7. Market Revenue and Forecast, by Components (2019-2030)
14.3.9. China
14.3.9.1. Market Revenue and Forecast, by Class (2019-2030)
14.3.9.2. Market Revenue and Forecast, by Speed (2019-2030)
14.3.9.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.3.9.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.3.9.5. Market Revenue and Forecast, by Mode (2019-2030)
14.3.9.6. Market Revenue and Forecast, by Usage (2019-2030)
14.3.9.7. Market Revenue and Forecast, by Components (2019-2030)
14.3.10. Japan
14.3.10.1. Market Revenue and Forecast, by Class (2019-2030)
14.3.10.2. Market Revenue and Forecast, by Speed (2019-2030)
14.3.10.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.3.10.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.3.10.5. Market Revenue and Forecast, by Mode (2019-2030)
14.3.10.6. Market Revenue and Forecast, by Usage (2019-2030)
14.3.10.7. Market Revenue and Forecast, by Components (2019-2030)
14.3.11. Rest of APAC
14.3.11.1. Market Revenue and Forecast, by Class (2019-2030)
14.3.11.2. Market Revenue and Forecast, by Speed (2019-2030)
14.3.11.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.3.11.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.3.11.5. Market Revenue and Forecast, by Mode (2019-2030)
14.3.11.6. Market Revenue and Forecast, by Usage (2019-2030)
14.3.11.7. Market Revenue and Forecast, by Components (2019-2030)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Class (2019-2030)
14.4.2. Market Revenue and Forecast, by Speed (2019-2030)
14.4.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.4.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.4.5. Market Revenue and Forecast, by Mode (2019-2030)
14.4.6. Market Revenue and Forecast, by Usage (2019-2030)
14.4.7. Market Revenue and Forecast, by Components (2019-2030)
14.4.8. GCC
14.4.8.1. Market Revenue and Forecast, by Class (2019-2030)
14.4.8.2. Market Revenue and Forecast, by Speed (2019-2030)
14.4.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.4.8.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.4.8.5. Market Revenue and Forecast, by Mode (2019-2030)
14.4.8.6. Market Revenue and Forecast, by Usage (2019-2030)
14.4.8.7. Market Revenue and Forecast, by Components (2019-2030)
14.4.9. North Africa
14.4.9.1. Market Revenue and Forecast, by Class (2019-2030)
14.4.9.2. Market Revenue and Forecast, by Speed (2019-2030)
14.4.9.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.4.9.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.4.9.5. Market Revenue and Forecast, by Mode (2019-2030)
14.4.9.6. Market Revenue and Forecast, by Usage (2019-2030)
14.4.9.7. Market Revenue and Forecast, by Components (2019-2030)
14.4.10. South Africa
14.4.10.1. Market Revenue and Forecast, by Class (2019-2030)
14.4.10.2. Market Revenue and Forecast, by Speed (2019-2030)
14.4.10.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.4.10.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.4.10.5. Market Revenue and Forecast, by Mode (2019-2030)
14.4.10.6. Market Revenue and Forecast, by Usage (2019-2030)
14.4.10.7. Market Revenue and Forecast, by Components (2019-2030)
14.4.11. Rest of MEA
14.4.11.1. Market Revenue and Forecast, by Class (2019-2030)
14.4.11.2. Market Revenue and Forecast, by Speed (2019-2030)
14.4.11.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.4.11.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.4.11.5. Market Revenue and Forecast, by Mode (2019-2030)
14.4.11.6. Market Revenue and Forecast, by Usage (2019-2030)
14.4.11.7. Market Revenue and Forecast, by Components (2019-2030)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Class (2019-2030)
14.5.2. Market Revenue and Forecast, by Speed (2019-2030)
14.5.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.5.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.5.5. Market Revenue and Forecast, by Mode (2019-2030)
14.5.6. Market Revenue and Forecast, by Usage (2019-2030)
14.5.7. Market Revenue and Forecast, by Components (2019-2030)
14.5.8. Brazil
14.5.8.1. Market Revenue and Forecast, by Class (2019-2030)
14.5.8.2. Market Revenue and Forecast, by Speed (2019-2030)
14.5.8.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.5.8.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.5.8.5. Market Revenue and Forecast, by Mode (2019-2030)
14.5.8.6. Market Revenue and Forecast, by Usage (2019-2030)
14.5.8.7. Market Revenue and Forecast, by Components (2019-2030)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Class (2019-2030)
14.5.9.2. Market Revenue and Forecast, by Speed (2019-2030)
14.5.9.3. Market Revenue and Forecast, by Battery Type (2019-2030)
14.5.9.4. Market Revenue and Forecast, by Motor Type (2019-2030)
14.5.9.5. Market Revenue and Forecast, by Mode (2019-2030)
14.5.9.6. Market Revenue and Forecast, by Usage (2019-2030)
14.5.9.7. Market Revenue and Forecast, by Components (2019-2030)
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
17.2. Glossary of Terms
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