Market Overview:
The global e-bike market size reached US$ 21.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 32.4 Billion by 2027, exhibiting at a CAGR of 6.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
An electric bicycle (e-bike) is a battery-powered two-wheeler that runs on rechargeable batteries. It is easy to ride and provides an economical and environment-friendly transportation alternative to motored vehicles. As cycling offers several health benefits, such as improving physical health, increasing muscle strength and flexibility, reducing stress, and decreasing body fat levels, e-bikes are gaining immense traction across the globe.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
E-Bike Market Trends:
The increasing sales of two-wheeled electric vehicles (EVs) on account of rapid urbanization and improving income levels of individuals represent one of the major factors positively influencing the demand for e-bikes across the globe. In addition, due to the inflating prices of petrol, there is a significant increase in the demand for fuel-efficient and high-performance e-bikes. Moreover, the growing consciousness among the masses about physical health is resulting in the rising adoption of e-bikes around the world. Apart from this, stringent regulations and fuel economy standards implemented by governments of numerous countries to minimize carbon emissions are creating a favorable outlook for the market. Furthermore, key players are introducing mobile applications with smart e-bike monitoring systems (SEMS) to help track fitness and provide information in real-time on smartphones. This, in confluence with increasing investments in promotional activities like celebrity endorsements to improve the existing sales and profitability, is contributing to the market growth. Besides this, the emerging trend of e-bike rental services at tourist places as they are affordable and convenient, along with the increasing environmental consciousness among individuals and the burgeoning travel and tourism industry, is offering lucrative growth opportunities to industry investors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global e-bike market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on the mode, motor type, battery type, class, design, and application.
Breakup by Mode:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Pedal assist e-bikes exhibit a clear dominance in the market as they provide several benefits than other mode types.
Breakup by Motor Type:
- Hub Motor
- Mid Drive
- Others
Hub motor dominates the market as it is lightweight, compact, and convenient for city use.
Breakup by Battery Type:
- Lead Acid
- Lithium Ion
- Nickel-Metal Hydride (NiMH)
- Others
Lead acid battery holds the majority of the market as it is affordable, accessible, and recyclable.
Breakup by Class:
- Class I
- Class II
- Class III
Class I represent the largest class of e-bike as it is affordable and does not require insurance to operate.
Breakup by Design:
Non-foldable e-bike holds the largest market share as it is lightweight and easily available at online and offline stores.
Breakup by Application:
- Mountain/Trekking Bikes
- City/Urban
- Cargo
- Others
City/urban application dominates the market due to improved road infrastructure and the increasing adoption of cycles to commute faster in traffic.
Breakup by Region:
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- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
The Asia Pacific holds the majority of the market share due to the growing health consciousness and improving income levels of individuals in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Accell Group, BIONX International Corporation, Robert Bosch GmbH, Yamaha Motor Group, Derby Cycle Holding GmbH, Giant Group, KWANG YANG MOTOR CO., LTD., Merida & Centurion Germany GmbH (MCG), Samsung Electronics Co., Ltd., Continental AG, Prodeco Technologies LLC, Tianjin Fuji-ta Group Co., Ltd., Trek Bicycle Corporation, PEDEGO INC, and Shimano Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Mode, Motor Type, Battery Type, Class, Design, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
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 and Shimano |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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$), 2016-2021
Figure 3: Global: E-Bike Market: Breakup by Mode (in %), 2021
Figure 4: Global: E-Bike Market: Breakup by Motor Type (in %), 2021
Figure 5: Global: E-Bike Market: Breakup by Battery Type (in %), 2021
Figure 6: Global: E-Bike Market: Breakup by Class (in %), 2021
Figure 7: Global: E-Bike Market: Breakup by Design (in %), 2021
Figure 8: Global: E-Bike Market: Breakup by Application (in %), 2021
Figure 9: Global: E-Bike Market: Breakup by Region (in %), 2021
Figure 10: Global: E-Bike Market Forecast: Sales Value (in Billion US$), 2022-2027
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$), 2016 & 2021
Figure 15: Global: E-Bike (Throttle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: E-Bike (Pedal Assist) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: E-Bike (Pedal Assist) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: E-Bike (Hub Motor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: E-Bike (Hub Motor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: E-Bike (Mid Drive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: E-Bike (Mid Drive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: E-Bike (Other Motor Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: E-Bike (Other Motor Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: E-Bike (Lead Acid) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: E-Bike (Lead Acid) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: E-Bike (Lithium Ion) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: E-Bike (Lithium Ion) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: E-Bike (Nickel-Metal Hydride) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: E-Bike (Nickel-Metal Hydride) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: E-Bike (Other Battery Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: E-Bike (Other Battery Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: E-Bike (Class I) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: E-Bike (Class I) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: E-Bike (Class II) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: E-Bike (Class II) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: E-Bike (Class III) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: E-Bike (Class III) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: E-Bike (Foldable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: E-Bike (Foldable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: E-Bike (Non-Foldable) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: E-Bike (Non-Foldable) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: E-Bike (Mountain/Trekking Bikes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: E-Bike (Mountain/Trekking Bikes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: E-Bike (City/Urban) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: E-Bike (City/Urban) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: E-Bike (Cargo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: E-Bike (Cargo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Global: E-Bike (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Global: E-Bike (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia Pacific: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia Pacific: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: North America: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: North America: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Middle East and Africa: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Middle East and Africa: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Latin America: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Latin America: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
List of Tables
Table 1: Global: E-Bike Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: E-Bike Market Forecast: Breakup by Mode (in Million US$), 2022-2027
Table 3: Global: E-Bike Market Forecast: Breakup by Motor Type (in Million US$), 2022-2027
Table 4: Global: E-Bike Market Forecast: Breakup by Battery Type (in Million US$), 2022-2027
Table 5: Global: E-Bike Market Forecast: Breakup by Class (in Million US$), 2022-2027
Table 6: Global: E-Bike Market Forecast: Breakup by Design (in Million US$), 2022-2027
Table 7: Global: E-Bike Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 8: Global: E-Bike Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 9: Global: E-Bike Market Structure
Table 10: Global: E-Bike Market: Key Players