Development of E-Bikes Using Lightweight Material and Advanced Smart Systems Fuels the Middle East & Africa E-Bike Market
Key players of e-bikes operating across the world are focused on developing lightweight vehicles for short-distance traveling in urban areas. The rising development of e-bikes with advanced motor systems and in-built smart app facilities will drive the e-bikes market growth in the coming years.- In June 2023, Robert Bosch GmbH, electric bikes motor and drive systems manufacturer, launched advanced e-bike system and e-bikes. The first product launched by the company include e-bike motor, named Performance Line SX designed for manufacturing of the lightweight e-MTB, and e-gravel bikes. Also, the company further launched a e-bike Smart System Software Application for its e-bikes. This system is coupled with the drive units on e-city and e-trekking bikes. The riders benefit from all the Smart with compatible e-shift automatic transmission. Other innovations for E-bike, e-MTB, e-Gravel, and e-Urban include Compact Tube 400 battery and Power 250 range extender, Sprint riding mode (SPRNT), and Mini Remote Drop bar variant for e-Gravel.
- In March 2023, Acer P.C. developed and launched an electric bike, Ebii. Acer Ebii is a lightweight e-bike designed for urban areas, and it comes with an artificial intelligence-featured application. The bike weighs only 35 pounds and has a maximum assist speed of around 32 km/h (20mph). The bike was fully charged within only 2.5 hours.
- In September 2021, Hero Cycles, an e-cycle manufacturer, expanded its lightweight e-cycle range. This new e-bike is built based on a lightweight aluminum alloy frame and a 5.8 Ah Li-ion battery with a range of up to 30 km. Also, in November 2022, Hero Cycles launched the H3 and H5 range of e-cycles. The e-cycles are built with advanced GEMTECM technology.
Thus, rising advancements and upsurging developments with in-built software applications-based lightweight e-bike is expected to boost the e-bike market during 2022-2030.
Middle East & Africa E-Bike Market Overview
Growing urbanization, rising investments in cycling track development, and increasing consumer awareness regarding environmentally friendly transportation drive the e-bike market growth. Governments of several countries announce ample investments and subsidies for the adoption of e-bikes.The e-bike market in the Middle East & Africa is growing at a moderate pace due to rising consumer awareness of electric bicycles across the UAE, South Africa, and Saudi Arabia. The e-bike is mostly used for logistics and transportation in the region. Hence, the key players in this region develop e-bikes for cargo carrying and short-distance traveling purposes. In July 2020, Raleigh introduced e-cargo bikes in Middle Eastern and African countries designed to carry a load of up to 100 kg and have a range of up to 75 km with a single charge. Thus, rising developments in the Middle East & Africa drive the market growth in the region.
Middle East & Africa E-Bike Market Segmentation
The Middle East & Africa e-bike market is segmented based on battery type, motor type, class, mode, and country.Based on battery type, the Middle East & Africa e-bike market is segmented into lithium-ion, lithium-ion polymer, lead acid, and nickel metal hydride. The lithium-ion segment held the largest Middle East & Africa e-bike market share in 2022.
In terms of motor type, the Middle East & Africa e-bike market is bifurcated into mid motor and hub motor. The mid motor segment held a larger Middle East & Africa e-bike market share in 2022.
Based on class, the Middle East & Africa e-bike market is segmented into class-I, class-II, and class-III. The class-I segment held the largest Middle East & Africa e-bike market share in 2022.
By mode, the Middle East & Africa e-bike market is bifurcated into pedal assist mode and throttle mode. The pedal assist mode segment held a larger Middle East & Africa e-bike market share in 2022.
Based on country, the Middle East & Africa e-bike market is categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa e-bike market in 2022.
Giant Manufacturing Co Ltd, Merida Industry Co Ltd, Pedego Electric Bikes, Robert Bosch GmbH, Specialized Bicycle Components Inc, Trek Bicycle Corp, and Yamaha Motor Co Ltd are some of the leading companies operating in the Middle East & Africa e-bike market.
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Companies Mentioned
- Giant Manufacturing Co Ltd
- Merida Industry Co., Ltd.
- Pedego Electric Bikes
- Robert Bosch GmbH
- Specialized Bicycle Components, Inc.
- Trek Bicycle Corp
- Yamaha Motor Co Ltd