Market Overview:
The global e-bike market reached a value of US$ 20.8 Billion in 2019. An e-bike or electronic bicycle is a standard bicycle which is equipped with an electric motor, a battery and a drivetrain. The bike can be moved through pedaling or can run on rechargeable batteries. They majorly used Lead acid batteries and can cover long distances with a single charge. E-bikes are simple to operate, convenient for all age groups and are an economical alternative as an environment-friendly means of transportation, in comparison to motored vehicles.
The growing popularity of cycling as a recreational activity is one of the key factors driving the market growth. Cycling has numerous physical and mental health benefits such as improved cardiovascular fitness, muscle strength and flexibility along with the reduced risk of stress and depression. The young population is increasingly opting for various adventure sports, which is providing a boost to e-bike sales. Furthermore, the thriving tourism industry is another factor catalyzing the growth of the market. Tourists are opting for e-bikes as a self-driving alternative to commute as it is economical and enables effortless riding. The growing environmental consciousness and rising urban air pollution have led individuals to switch to electric vehicles such as e-bikes that have low carbon emissions and can be charged through solar power. Moreover, various product innovations such as the introduction of hydrogen-powered bikes and Smart E-Bike Monitoring System (SEMS), along with the increasing demand for pedal assisted or pedelec bikes, are also contributing to the market growth. Looking forward, IMARC Group expects the global e-bike market to exhibit moderate growth during 2020-2025.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Mode:
- Market Breakup by Motor Type:
- Hub Motor
- Mid Drive
- Others
- Market Breakup by Battery Type:
- Lead Acid
- Lithium Ion
- Nickel-Metal Hydride (NiMH)
- Others
- Market Breakup by Class:
- Class I
- Class II
- Class III
- Market Breakup by Design:
- Market Breakup by Application:
- Mountain/Trekking Bikes
- City/Urban
- Cargo
- Others
- Market Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Accell, BionX, Robert Bosch GmbH, Yamaha Motor Company, Derby Cycle, Giant Bicycles, Klever Mobility, Merida Industry Co. Ltd, Samsung SDI Co, Continental AG, Prodecotech LLC, Fuji-ta, Trek Bicycle Corporation, Pedego Electric Bikes, Shimano, etc.
Key Questions Answered in This Report
The global e-bike market was worth around US$ 20.8 Billion in 2019.
According to the estimates by IMARC Group, the global e-bike market will exhibit moderate growth during the next five years.
The rising environmental concerns towards the increasing air pollution levels have led to the rapid shift from fuel-based vehicles towards electric bikes, thereby driving the growth of the global e-bike market.
Several technological advancements have led to the emergence of hydrogen-powered bikes and Smart E-Bike Monitoring System (SEMS), which represent one of the key trends in the global e-bike market.
Sudden outbreak of the COVID-19 pandemic has led to the implementation of stringent lockdown regulations, across several nations, resulting in the disrupted supply chains and temporary closure of numerous manufacturing units for e-bikes.
On the basis of the mode, the market has been classified into throttle and pedal assist, where pedal assist holds the largest market share.
On the basis of the motor type, the market has been classified into hub motor, mid drive and others, where hub motor exhibits a clear dominance in the market.
On the basis of the battery type, the market has been classified into lead acid, lithium ion, nickel-metal hydride (NiMH), and others. Lead acid currently accounts for the majority of the total market share.
On the basis of the class, the market has been categorized into class I, II and III, where class I exhibits a clear dominance in the market.
On the basis of the design, the market has been classified into foldable and non-foldable, where non-foldable e-bikes account for the largest market share.
On the basis of the application, the market has been classified into mountain/trekking bikes, city/urban, cargo, and others. At present, city/urban exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global E-Bike Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Mode
5.5 Market Breakup by Motor Type
5.6 Market Breakup by Battery Type
5.7 Market Breakup by Class
5.8 Market Breakup by Design
5.9 Market Breakup by Application
5.10 Market Breakup by Region
5.11 Market Forecast
6 Market Breakup by Mode
6.1 Throttle
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Pedal Assist
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Motor Type
7.1 Hub Motor
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Mid Drive
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Battery Type
8.1 Lead Acid
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Lithium Ion
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Nickel-Metal Hydride (NiMH)
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Class
9.1 Class I
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Class II
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Class III
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Design
10.1 Foldable
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Non-Foldable
10.2.1 Market Trends
10.2.2 Market Forecast
11 Market Breakup by Application
11.1 Mountain/Trekking Bikes
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 City/Urban
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Cargo
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Others
11.4.1 Market Trends
11.4.2 Market Forecast
12 Market Breakup by Region
12.1 Asia Pacific
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Europe
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 North America
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Middle East and Africa
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Latin America
12.5.1 Market Trends
12.5.2 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porter’s Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Accell
17.3.2 BionX
17.3.3 Robert Bosch GmbH
17.3.4 Yamaha Motor Company
17.3.5 Derby Cycle
17.3.6 Giant Bicycles
17.3.7 Klever Mobility
17.3.8 Merida Industry Co. Ltd
17.3.9 Samsung SDI Co
17.3.10 Continental AG
17.3.11 Prodecotech LLC
17.3.12 Fuji-ta
17.3.13 Trek Bicycle Corporation
17.3.14 Pedego Electric Bikes
17.3.15 Shimano
List of Figures
Figure 1: Global: E-Bike Market: Major Drivers and Challenges
Figure 2: Global: E-Bike Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: E-Bike Market: Breakup by Mode (in %), 2019
Figure 4: Global: E-Bike Market: Breakup by Motor Type (in %), 2019
Figure 5: Global: E-Bike Market: Breakup by Battery Type (in %), 2019
Figure 6: Global: E-Bike Market: Breakup by Class (in %), 2019
Figure 7: Global: E-Bike Market: Breakup by Design (in %), 2019
Figure 8: Global: E-Bike Market: Breakup by Application (in %), 2019
Figure 9: Global: E-Bike Market: Breakup by Region (in %), 2019
Figure 10: Global: E-Bike Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 11: Global: E-Bike Industry: SWOT Analysis
Figure 12: Global: E-Bike Industry: Value Chain Analysis
Figure 13: Global: E-Bike Industry: Porter’s Five Forces Analysis
Figure 14: Global: E-Bike (Throttle) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: E-Bike (Throttle) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: E-Bike (Pedal Assist) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: E-Bike (Pedal Assist) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: E-Bike (Hub Motor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: E-Bike (Hub Motor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: E-Bike (Mid Drive) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: E-Bike (Mid Drive) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: E-Bike (Other Motor Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: E-Bike (Other Motor Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: E-Bike (Lead Acid) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: E-Bike (Lead Acid) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: E-Bike (Lithium Ion) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: E-Bike (Lithium Ion) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: E-Bike (Nickel-Metal Hydride) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: E-Bike (Nickel-Metal Hydride) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: E-Bike (Other Battery Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: E-Bike (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: E-Bike (Class I) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: E-Bike (Class I) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: E-Bike (Class II) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: E-Bike (Class II) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: E-Bike (Class III) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: E-Bike (Class III) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Global: E-Bike (Foldable) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Global: E-Bike (Foldable) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Global: E-Bike (Non-Foldable) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Global: E-Bike (Non-Foldable) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Global: E-Bike (Mountain/Trekking Bikes) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: E-Bike (Mountain/Trekking Bikes) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Global: E-Bike (City/Urban) Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Global: E-Bike (City/Urban) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Global: E-Bike (Cargo) Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Global: E-Bike (Cargo) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Global: E-Bike (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Global: E-Bike (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Asia Pacific: E-Bike Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Asia Pacific: E-Bike Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Europe: E-Bike Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Europe: E-Bike Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: North America: E-Bike Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: North America: E-Bike Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Middle East and Africa: E-Bike Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Middle East and Africa: E-Bike Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Latin America: E-Bike Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Latin America: E-Bike Market Forecast: Sales Value (in Million US$), 2020-2025
List of Tables
Table 1: Global: E-Bike Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: E-Bike Market Forecast: Breakup by Mode (in Million US$), 2020-2025
Table 3: Global: E-Bike Market Forecast: Breakup by Motor Type (in Million US$), 2020-2025
Table 4: Global: E-Bike Market Forecast: Breakup by Battery Type (in Million US$), 2020-2025
Table 5: Global: E-Bike Market Forecast: Breakup by Class (in Million US$), 2020-2025
Table 6: Global: E-Bike Market Forecast: Breakup by Design (in Million US$), 2020-2025
Table 7: Global: E-Bike Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 8: Global: E-Bike Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 9: Global: E-Bike Market Structure
Table 10: Global: E-Bike Market: Key Players