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India E-Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India E-Bike market is expected to exhibit a CAGR of 12.9% 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.

E-bike, also known as an electric bike, is a bicycle with an electric motor and rechargeable batteries that help in propulsion. It also comprises a pedal-assist that eases the overall riding experience in hills, inclines, and rough terrain, and reduces stress on joints of the rider. It aids in burning calories and performing cardiovascular exercises for building endurance and muscles. At present, the demand for e-bike is rising across India as it is affordable, energy-efficient, and emission-free.

 

 
 

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India E-Bike Market Trends:

There is currently a rise in the sales of e-bikes (electric bikes) for recreational and adventure activities. This, along with their increasing utilization to navigate through rough terrains, represents one of the key factors driving the market in India. Moreover, e-bikes are an eco-friendly alternative to conventional two-wheelers as they help reduce carbon emissions in the atmosphere. This, coupled with several initiatives undertaken by the Government of India to minimize vehicular pollution, is propelling the growth of the market. In addition, the growing adoption of e-bikes on account of their lower ownership and maintenance costs is positively influencing the market. Besides this, developments in charging infrastructure, along with the expanding automotive industry in India, are offering lucrative growth opportunities to end-users. Additionally, the widespread availability of e-bikes through online and offline stores is augmenting the sales of e-bikes across the country. Furthermore, key market players operating in India are extensively investing in research and development activities to enhance product quality. They are also focusing on the improvement of battery technologies, integrating lightweight materials, and financing promotional campaigns to increase their overall sales. These initiatives are projected to impel the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India e-bikes market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on propulsion type, battery type, power and application.

Breakup by Propulsion Type:

 

 
 

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  • Pedal Assisted
  • Throttle-Assisted
     

Breakup by Battery Type:

  • Lithium-Ion Battery
  • Lead-Acid Battery
     

Breakup by Power:

  • Less Than and Equal to 250W
  • Above 250W
     

Breakup by Application:

  • City and Urban
  • Trekking
  • Cargo
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being eAdicct Mobility Solutions Pvt.Ltd., Elektron Cycles, Giant Bicycles India, GoZero Mobility, Hero Lectro E-Cycles (Hero Cycles Limited), Nibe E-motor Limited, PURE EV, SK EBICYCLE LLP, SS Electric Vehicles and Trek Bicycle Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units Million US$
Segment Coverage Propulsion Type, Battery Type, Power, Application, Region
Region Covered North India, West and Central India, South India, East India
Companies Covered eAdicct Mobility Solutions Pvt.Ltd., Elektron Cycles, Giant Bicycles India, GoZero Mobility, Hero Lectro E-Cycles (Hero Cycles Limited), Nibe E-motor Limited, PURE EV, SK EBICYCLE LLP, SS Electric Vehicles and Trek Bicycle Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 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)

 

Key Questions Answered in This Report:

  • How has the india E-bike market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the india E-bike market?
  • What are the key regional markets?
  • What is the breakup of the market based on the propulsion type?
  • What is the breakup of the market based on the battery type?
  • What is the breakup of the market based on the power?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the india E-bike market and who are the key players?
  • What is the degree of competition in the industry?

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    India E-Bike Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Propulsion Type
    6.1    Pedal Assisted
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Throttle-Assisted
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Battery Type
    7.1    Lithium-Ion Battery
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Lead-Acid Battery
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Power
    8.1    Less Than and Equal to 250W
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Above 250W
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Application
    9.1    City and Urban
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Trekking
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Cargo
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North India
        10.1.1 Market Trends
        10.1.2 Market Breakup by State
        10.1.3 Market Forecast
    10.2    West and Central India
        10.2.1 Market Trends
        10.2.2 Market Breakup by State
        10.2.3 Market Forecast
    10.3    South India
        10.3.1 Market Trends
        10.3.2 Market Breakup by State
        10.3.3 Market Forecast
    10.4    East India 
        10.4.1 Market Trends
        10.4.2 Market Breakup by State
        10.4.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Policy and Regulatory Landscape
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    eAdicct Mobility Solutions Pvt.Ltd.
        16.3.2    Elektron Cycles
        16.3.3    Giant Bicycles India
        16.3.4    GoZero Mobility
        16.3.5    Hero Lectro E-Cycles (Hero Cycles Limited)
        16.3.6    Nibe E-motor Limited
        16.3.7    PURE EV
        16.3.8    SK EBICYCLE LLP
        16.3.9    SS Electric Vehicles
        16.3.10    Trek Bicycle Corporation

List of Figures

Figure 1: India: E-Bike Market: Major Drivers and Challenges
Figure 2: India: E-Bike Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: E-Bike Market: Breakup by Propulsion Type (in %), 2021
Figure 5: India: E-Bike Market: Breakup by Battery Type (in %), 2021
Figure 6: India: E-Bike Market: Breakup by Power (in %), 2021
Figure 7: India: E-Bike Market: Breakup by Application (in %), 2021
Figure 8: India: E-Bike Market: Breakup by Region (in %), 2021
Figure 9: India: E-Bike (Pedal Assisted) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: India: E-Bike (Pedal Assisted) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: India: E-Bike (Throttle-Assisted) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: India: E-Bike (Throttle-Assisted) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: India: E-Bike (Lithium-Ion Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: India: E-Bike (Lithium-Ion Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: India: E-Bike (Lead-Acid Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: India: E-Bike (Lead-Acid Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: India: E-Bike (Less Than and Equal to 250W) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: India: E-Bike (Less Than and Equal to 250W) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: India: E-Bike (Above 250W) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: India: E-Bike (Above 250W) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: India: E-Bike (City and Urban) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: India: E-Bike (City and Urban) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: India: E-Bike (Trekking) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: India: E-Bike (Trekking) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: India: E-Bike (Cargo) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: India: E-Bike (Cargo) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North India: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North India: E-Bike Market: Breakup by State (in %), 2021
Figure 29: North India: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: West and Central India: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: West and Central India: E-Bike Market: Breakup by State (in %), 2021
Figure 32: West and Central India: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: South India: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: South India: E-Bike Market: Breakup by State (in %), 2021
Figure 35: South India: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: East India: E-Bike Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: East India: E-Bike Market: Breakup by State (in %), 2021
Figure 38: East India: E-Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: E-Bike Industry: SWOT Analysis
Figure 40: India: E-Bike Industry: Value Chain Analysis
Figure 41: India: E-Bike Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: E-Bike Market: Key Industry Highlights, 2021 and 2027
Table 2: India: E-Bike Market Forecast: Breakup by Propulsion Type (in Million US$), 2022-2027
Table 3: India: E-Bike Market Forecast: Breakup by Battery Type (in Million US$), 2022-2027
Table 4: India: E-Bike Market Forecast: Breakup by Power (in Million US$), 2022-2027
Table 5: India: E-Bike Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: India: E-Bike Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: India: E-Bike Market: Competitive Structure
Table 8: India: E-Bike Market: Key Players


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