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E-Bike Market Report and Forecast 2023-2028

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    Report

  • 184 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5889225
According to the report the global e-bike market reached a value of USD 24.72 billion in 2022. Aided by the growing demand for energy-efficient transportation methods and the expanding applications of e-bikes in several sectors, the market is projected to further grow at a CAGR of 5.90% between 2023 and 2028 to reach a value of USD 34.83 billion by 2028.

E-bikes or electric bikes incorporate electric motors that can operate separately or complement pedalling, providing a boost to the rider's efforts. They play a critical role in sustainable urban mobility, last-mile delivery solutions, and in promoting health and fitness, aiding the e-bike market development.

In addition to serving as a major mode of transportation, e-bikes also excel in terms of energy efficiency, emissions reduction, and cost effectiveness when compared to conventional cars. This makes them a significant alternative in a number of sectors, such as logistics, e-commerce, and rental services.

The escalating consumer preference for energy-efficient and environmentally friendly transportation modes is a primary driver of the global e-bike market growth. There has been a substantial shift towards electric mobility options due to rising awareness of climate change and the environmental impact of conventional cars, which has led to an increase in demand for e-bikes. E-bikes, which offer a practical way to travel through busy urban environments, are growing in popularity as a result of expanding urbanisation and traffic congestion in cities.

The broadening applications of e-bikes across various sectors also significantly contribute to the e-bike market expansion. In the logistics and e-commerce sectors, e-bikes are gaining momentum as an effective solution for last-mile delivery, owing to their cost-effectiveness and manoeuvrability. Additionally, the rise of bike-sharing and rental services in urban areas has led to an increased demand for e-bikes.

Further, the advancement in battery technologies, improvement in e-bike infrastructure such as bike lanes, and supportive government policies are also fuelling the growth of the e-bike market. Improvements in Lithium-ion batteries have resulted in e-bikes that are lighter, have longer ranges, and quicker charge times. These advancements, coupled with increased investment in cycling infrastructure and favourable regulations promoting electric vehicles, have boosted the acceptance and adoption of e-bikes.

Moreover, the increasing popularity of cycling as a form of exercise and leisure activity has propelled the e-bike market development. With the rising trend of health and fitness, e-bikes have emerged as a popular choice, enabling more people to take up cycling, irrespective of their fitness levels or the terrain, thereby bolstering the e-bike market growth.

Market Segmentation

The market can be divided based on mode, motor type, battery type, class, design, application, and region.

Market Segmentation

  • Throttle
  • Pedal Assist

Market Segmentation

  • Hub Motor
  • Mid Drive
  • Others

Market Segmentation

  • Lead Acid
  • Lithium Ion
  • Nickel-Metal Hydride (NiMH)
  • Others

Market Segmentation

  • Class I
  • Class II
  • Class III

Market Segmentation

  • Foldable
  • Non-Foldable

Market Segmentation

  • Mountain/Trekking Bikes
  • City/Urban
  • Cargo
  • Others

Market Segmentation

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global e-bike companies. Some of the major key players explored in the report are as follows:
  • Accell Group
  • BionX International Corporation
  • Robert Bosch GmbH
  • Yamaha Motor Co., Ltd.
  • Derby Cycle
  • Others

About the Publisher

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*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 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 Opportunities and Challenges in the Market
8 Global E-Bike Market Analysis
8.1 Key Industry Highlights
8.2 Global E-Bike Historical Market (2018-2022)
8.3 Global E-Bike Market Forecast (2023-2028)
8.4 Global E-Bike Market by Mode
8.4.1 Throttle
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Pedal Assist
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global E-Bike Market by Motor Type
8.5.1 Hub Motor
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Mid Drive
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global E-Bike Market by Battery Type
8.6.1 Lead Acid
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Lithium Ion
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Nickel-Metal Hydride (NiMH)
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global E-Bike Market by Class
8.7.1 Class I
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Class II
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Class III
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.8 Global E-Bike Market by Design
8.8.1 Foldable
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Non-Foldable
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.9 Global E-Bike Market by Application
8.9.1 Mountain/Trekking Bikes
8.9.1.1 Market Share
8.9.1.2 Historical Trend (2018-2022)
8.9.1.3 Forecast Trend (2023-2028)
8.9.2 City/Urban
8.9.2.1 Market Share
8.9.2.2 Historical Trend (2018-2022)
8.9.2.3 Forecast Trend (2023-2028)
8.9.3 Cargo
8.9.3.1 Market Share
8.9.3.2 Historical Trend (2018-2022)
8.9.3.3 Forecast Trend (2023-2028)
8.9.4 Others
8.10 Global E-Bike Market by Region
8.10.1 North America
8.10.1.1 Market Share
8.10.1.2 Historical Trend (2018-2022)
8.10.1.3 Forecast Trend (2023-2028)
8.10.2 Europe
8.10.2.1 Market Share
8.10.2.2 Historical Trend (2018-2022)
8.10.2.3 Forecast Trend (2023-2028)
8.10.3 Asia Pacific
8.10.3.1 Market Share
8.10.3.2 Historical Trend (2018-2022)
8.10.3.3 Forecast Trend (2023-2028)
8.10.4 Latin America
8.10.4.1 Market Share
8.10.4.2 Historical Trend (2018-2022)
8.10.4.3 Forecast Trend (2023-2028)
8.10.5 Middle East and Africa
8.10.5.1 Market Share
8.10.5.2 Historical Trend (2018-2022)
8.10.5.3 Forecast Trend (2023-2028)
9 North America E-Bike Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe E-Bike Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific E-Bike Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America E-Bike Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa E-Bike Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Accell Group
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 BionX International Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Robert Bosch GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Yamaha Motor Co., Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Derby Cycle
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global E-Bike Market: Key Industry Highlights, 2018 and 2028
2. Global E-Bike Historical Market: Breakup by Motor Type (USD Billion), 2018-2022
3. Global E-Bike Market Forecast: Breakup by Motor Type (USD Billion), 2023-2028
4. Global E-Bike Historical Market: Breakup by Battery Type (USD Billion), 2018-2022
5. Global E-Bike Market Forecast: Breakup by Battery Type (USD Billion), 2023-2028
6. Global E-Bike Historical Market: Breakup by Class (USD Billion), 2018-2022
7. Global E-Bike Market Forecast: Breakup by Class (USD Billion), 2023-2028
8. Global E-Bike Historical Market: Breakup by Design (USD Billion), 2018-2022
9. Global E-Bike Market Forecast: Breakup by Design (USD Billion), 2023-2028
10. Global E-Bike Historical Market: Breakup by Application (USD Billion), 2018-2022
11. Global E-Bike Market Forecast: Breakup by Application (USD Billion), 2023-2028
12. Global E-Bike Historical Market: Breakup by Region (USD Billion), 2018-2022
13. Global E-Bike Market Forecast: Breakup by Region (USD Billion), 2023-2028
14. North America E-Bike Historical Market: Breakup by Country (USD Billion), 2018-2022
15. North America E-Bike Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Europe E-Bike Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Europe E-Bike Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Asia Pacific E-Bike Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Asia Pacific E-Bike Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Latin America E-Bike Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Latin America E-Bike Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Middle East and Africa E-Bike Historical Market: Breakup by Country (USD Billion), 2018-2022
23. Middle East and Africa E-Bike Market Forecast: Breakup by Country (USD Billion), 2023-2028
24. Global E-Bike Market Structure

Companies Mentioned

  • Accell Group
  • BionX International Corporation
  • Robert Bosch GmbH
  • Yamaha Motor Co. Ltd.
  • Derby Cycle

Methodology

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Table Information