E-bike Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 34.98 Billion |
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Market Size (2029) | USD 51.78 Billion |
|
Largest Share by Propulsion Type | Pedal Assisted |
|
|
CAGR (2024 - 2029) | 8.16 % |
|
Largest Share by Region | Asia-Pacific |
|
|
Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
E-bike Market Analysis
The E-bike Market size is estimated at 34.98 billion USD in 2024, and is expected to reach 51.78 billion USD by 2029, growing at a CAGR of 8.16% during the forecast period (2024-2029).
34.98 Billion
Market Size in 2024 (USD)
51.78 Billion
Market Size in 2029 (USD)
17.09 %
CAGR (2017-2023)
8.16 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
79.35 %
value share, Pedal Assisted, 2023
Riders cycle more rapidly and easily on e-bikes with pedal assistance because they generate more power from the motor, making pedal assist the largest segment by propulsion type.
Largest Segment by Application Type
76.86 %
value share, City/Urban, 2023
Due to the continuous usage of bikes for daily commuting by students, workers, and courier companies, city/urban bikes are the largest segment of the market.
Largest Segment by Battery Type
98.49 %
value share, Lithium-ion Battery, 2023
Switching from lead-acid to lithium-ion batteries can lower the size and weight of the battery pack with quick battery charge and increase travel distance, making Li-ion the largest battery type.
Largest Country
31.89 %
value share, China, 2023
The government's policies supporting the use of green technologies, including e-bikes, essentially drive the growth of the Chinese e-bike market.
Leading Market Player
5.94 %
market share, Yadea Group Holdings Ltd, 2022
A strong customer base in APAC, brand awareness among people, offering quality products at effective prices, focus on customer requirements, and good customer support make Yadea the largest market player.
- E-bikes are reliable and environmentally beneficial. They are also a great mode of transportation since they combine the comfort of a car with the fun of riding, which makes them particularly handy for leisure activities. An e-bike is quiet, produces no carbon emissions, provides a cheap form of transportation, conserves space, and promotes excellent health. The primary driving forces of the market's growth are increased awareness about fitness, rising environmental concerns, increased traffic congestion, and government initiatives to promote cycling.
- E-bikes are an excellent means of transportation, particularly for recreational activities. These bikes enable customers to cross rugged terrains that would be difficult to navigate without an electric engine. People started looking for safe and comfortable modes of transportation during the COVID-19 pandemic, and the e-bike business is increasing as a result of the integration of e-bikes into regular use. These factors are increasing the popularity of e-bikes around the world.
- With ever-increasing environmental and health concerns, governments and international organizations around the world are passing tough emission standards to limit carbon emissions. Some international organizations around the world have implemented severe vehicle standards. The rapid depletion of fossil fuel reserves has raised concerns about the sustainability of future generations. This aspect presents a significant challenge to governments and society. As a result, e-bikes are proven to be an excellent answer to the problem.
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Country Level Overview
- The market growth is mainly due to the increasing adoption of electric bikes as a mode of transportation on a daily basis globally. The market is seeing an upsurge in the unit sales of electric bikes based on their beneficial consumer characteristics, such as health benefits, economic mobility options, and convenience in riding.
- In the Asia-Pacific electric bike or electric bicycle market, China, Japan, and Indonesia accounted for a major share of overall unit sales during the historical period. China held over 90% volume share in the global electric bike market in 2023. However, it has witnessed stagnant growth in recent years, and its market is almost at the saturation point.
- In Europe, electric bike sales have skyrocketed in recent years, with countries like Germany, Belgium, and the Netherlands selling major units of electric bikes. This trend is due to the growing preference for electric bikes in transportation, sports, and leisure activities. The subsidies and tax incentive programs on electric bikes in Sweden, Belgium, and France are likely to support the significant growth of the European electric bike market during the forecast period.
- The North America electric bike market is growing as the preference for low-speed two-wheelers has increased in recent years. Various bike-sharing operators are including electric bikes in their fleets, which is expected to support the sales growth of these bikes in the near future.
Global E-bike Market Trends
The steady global increase in e-bike adoption rates reflects a worldwide shift towards sustainable and efficient personal mobility solutions.
- There has been an increase in demand for electric bicycles in many countries over the past several years. Increased gasoline costs, traffic congestion during rush hours, and the health advantages of exercise are driving the usage of e-bikes in several countries, including the United Kingdom and the United States. With a greater adoption rate in 2019 compared to other regions, Europe is the primary market for the selling of electric bikes. The increasing demand for e-bikes accelerated the adoption rate in 2019 compared to 2018.
- The bicycle industry was favorably impacted by the rapid global expansion of the covid cases and wave. E-bikes are one of the most practical and affordable solutions for everyday commutes to work and other local locations compared to other means of transportation, which has revolutionized how consumers commute. This has encouraged people to invest in e-bikes, which accelerated the adoption rate in 2020 over 2019 in various countries across the globe.
- The return of commercial operations and the lifting of trade restrictions like lockout have accelerated the adoption of e-bikes in numerous countries throughout the world. The improvement of import and export activity has been a result of the removal of trade obstacles globally. According to estimates, during the forecast period, the adoption rate of e-bikes will increase in a number of countries around the world due to consumers' growing interest in them as a result of their features and advantages, such as the ability to exercise while riding, the lack of a fuel cost, and cleaner rides.
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A global uptick in 5-15 km commutes underscores a universal shift towards moderate commuting distances, aligning with evolving work-life dynamics and urban planning.
- The global bicycle market is made up of several bicycle-friendly regions, including North America, Europe, and Asia-Pacific. Bicycle demand has grown recently among many countries in various regions. People from different countries and regions are gradually shifting to using bicycles for their everyday commutes of 5 to 15 km or other nearby locations such as offices and commercial districts. The APAC region has witnessed the most daily commuters traveling 5 to 15 km among all regions.
- Following the COVID-19 outbreak, which forced the closing of gyms and public transportation in several countries worldwide, many people discovered bicycles to be a secure and isolated method of transportation. People also preferred to exercise during the pandemic by bicycling or going on weekend runs to neighboring sites, which led to an increase in the number of commuters with a daily journey distance of 5 to 15 km in 2020 over 2019 globally. Consumers who commute 5 to 15 km daily are drawn to e-bikes with cutting-edge battery packs that offer an increased range of up to 40 to 45 km.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- GDP Per Capita & Buying Power of Consumer
- The global bicycle rental market exhibits a robust growth trajectory, with significant contributions from Asia-Pacific and Europe, driving the worldwide market trend upwards.
- The global Hyper-Local Delivery market is on a significant upward trend, driven mainly by substantial volumes in the US and Asia-Pacific regions, especially China.
- The global bicycle trekker market has been experiencing continuous growth, with a substantial increase in the number of trekkers from 2017 to 2029.
- As Traffic and Pollution increase, more individuals are Choosing to Bicycle
- Key countries' varying inflation trajectories underscore the nuanced and multifaceted nature of global economic health.
- The global E-Bike battery price is on a downward trend, influenced by regional dynamics and significant contributions from Asia-Pacific and Europe.
- Government Efforts to Provide Bicycle infrastructure to increase the Use of Bicycles
- Advanced Battery Packs is Attracting Consumers to Opting for E-bikes
E-bike Industry Overview
The E-bike Market is fragmented, with the top five companies occupying 18.26%. The major players in this market are Aima Technology Group Co. Ltd, Giant Manufacturing Co. Ltd, TAILING ELECTRIC VEHICLE CO.,LTD, Trek Bicycle Corporation and Yadea Group Holdings Ltd (sorted alphabetically).
E-bike Market Leaders
Aima Technology Group Co. Ltd
Giant Manufacturing Co. Ltd
TAILING ELECTRIC VEHICLE CO.,LTD
Trek Bicycle Corporation
Yadea Group Holdings Ltd
Other important companies include Alton Sports Co. Ltd, Bosch, Cannondale Bicycle Corporation, Canyon Bicycle, Fritzmeier Systems GmbH & Co. KG (M1 Sporttechnik), Kalkhoff Werke GmbH, Luyuan Electric Vehicle Co., Ltd., Merida Industry Co. Ltd, Myvelo Co. Ltd, Rad Power Bikes, Riese & M眉ller, Royal Dutch Gazelle, Samchuly Bicycle, Specialized Bicycle Components, Sunra Ev, The Cargo Bike Company, Tianjin Fuji-Ta Bicycle Co. Ltd., VanMoof BV, Yamaha Bicycles.
*Disclaimer: Major Players sorted in alphabetical order.
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E-bike Market News
- December 2022: Alton Sports contracts with Kakao Mobility to supply 16.8 billion electric bicycles.
- December 2022: Alton Sports Wins 17 Billion Won Order.
- December 2022: As part of its 2023 national dealership promotion plan, Yadea has joined with New U.S. Partner Recruitment Drive for its Ebike Products. Yadea's Ebike is looking for local agents and distributors in the US as part of its plans for global expansion.
Free with this Report
We offer a comprehensive and complimentary collection of data points on regional and country-level metrics, crucial to understanding the industry's core structure. Our resources include over 120 free charts, providing rare data across various countries. This collection encompasses an analysis of e-bike outlets, distribution channels, and their geographical distribution, examination of average selling prices for different e-bike models across regions, insights into consumer preferences and purchasing patterns, a detailed segmentation of the market, comprehensive insights into market trends and environmental impacts, an overview of key market players, an examination of the regulatory landscape, and projections for the future of the e-bike market.
E-bike Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥�
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Bicycle Sales
2.2. GDP Per Capita
2.3. Inflation Rate
2.4. Adoption Rate Of E-Bikes
2.5. Percent Population/Commuters With 5-15 Km Daily Travel Distance
2.6. Bicycle Rental
2.7. E-Bike Battery Price
2.8. Price Chart Of Different Battery Chemistry
2.9. Hyper-Local Delivery
2.10. Dedicated Bicycle Lanes
2.11. Number Of Trekkers
2.12. Battery Charging Capacity
2.13. Traffic Congestion Index
2.14. Regulatory Framework
2.15. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
3.1. Propulsion Type
3.1.1. Pedal Assisted
3.1.2. Speed Pedelec
3.1.3. Throttle Assisted
3.2. Application Type
3.2.1. Cargo/Utility
3.2.2. City/Urban
3.2.3. Trekking
3.3. Battery Type
3.3.1. Lead Acid Battery
3.3.2. Lithium-ion Battery
3.3.3. Others
3.4. Region
3.4.1. Africa
3.4.1.1. By Country
3.4.1.1.1. South Africa
3.4.1.1.2. Rest-of-Africa
3.4.2. Asia-Pacific
3.4.2.1. By Country
3.4.2.1.1. Australia
3.4.2.1.2. China
3.4.2.1.3. India
3.4.2.1.4. Japan
3.4.2.1.5. New Zealand
3.4.2.1.6. South Korea
3.4.2.1.7. Rest-of-APAC
3.4.3. Europe
3.4.3.1. By Country
3.4.3.1.1. Austria
3.4.3.1.2. Belgium
3.4.3.1.3. Czech Republic
3.4.3.1.4. Denmark
3.4.3.1.5. Finland
3.4.3.1.6. France
3.4.3.1.7. Germany
3.4.3.1.8. Italy
3.4.3.1.9. Luxembourg
3.4.3.1.10. Netherlands
3.4.3.1.11. Norway
3.4.3.1.12. Poland
3.4.3.1.13. Spain
3.4.3.1.14. Sweden
3.4.3.1.15. Switzerland
3.4.3.1.16. UK
3.4.3.1.17. Rest-of-Europe
3.4.4. Middle East
3.4.4.1. By Country
3.4.4.1.1. Saudi Arabia
3.4.4.1.2. United Arab Emirates
3.4.4.1.3. Rest-of-Middle East
3.4.5. North America
3.4.5.1. By Country
3.4.5.1.1. Canada
3.4.5.1.2. Mexico
3.4.5.1.3. US
3.4.5.1.4. Rest-of-North America
3.4.6. South America
3.4.6.1. By Country
3.4.6.1.1. Argentina
3.4.6.1.2. Brazil
3.4.6.1.3. Rest-of-South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Aima Technology Group Co. Ltd
4.4.2. Alton Sports Co. Ltd
4.4.3. Bosch
4.4.4. Cannondale Bicycle Corporation
4.4.5. Canyon Bicycle
4.4.6. Fritzmeier Systems GmbH & Co. KG (M1 Sporttechnik)
4.4.7. Giant Manufacturing Co. Ltd
4.4.8. Kalkhoff Werke GmbH
4.4.9. Luyuan Electric Vehicle Co., Ltd.
4.4.10. Merida Industry Co. Ltd
4.4.11. Myvelo Co. Ltd
4.4.12. Rad Power Bikes
4.4.13. Riese & M眉ller
4.4.14. Royal Dutch Gazelle
4.4.15. Samchuly Bicycle
4.4.16. Specialized Bicycle Components
4.4.17. Sunra Ev
4.4.18. TAILING ELECTRIC VEHICLE CO.,LTD
4.4.19. The Cargo Bike Company
4.4.20. Tianjin Fuji-Ta Bicycle Co. Ltd.
4.4.21. Trek Bicycle Corporation
4.4.22. VanMoof BV
4.4.23. Yadea Group Holdings Ltd
4.4.24. Yamaha Bicycles
5. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- GLOBAL E-BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 2:
- GLOBAL E-BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
- Figure 3:
- GLOBAL E-BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
- Figure 4:
- GLOBAL E-BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
- Figure 5:
- GLOBAL E-BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
- Figure 6:
- GLOBAL E-BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
- Figure 7:
- GLOBAL E-BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
- Figure 8:
- GLOBAL E-BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
- Figure 9:
- GLOBAL E-BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 10:
- GLOBAL E-BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 11:
- GLOBAL E-BIKE MARKET, NUMBER OF TREKKERS, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 12:
- GLOBAL E-BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
- Figure 13:
- GLOBAL E-BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
- Figure 14:
- GLOBAL E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
- Figure 15:
- GLOBAL E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
- Figure 16:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 17:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 18:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 19:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 20:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 21:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 22:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 23:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 24:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 25:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 26:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 27:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 28:
- GLOBAL E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 29:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 30:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 31:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 32:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 33:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 34:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 35:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 36:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 37:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 38:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 39:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 40:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 41:
- GLOBAL E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 42:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 43:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 44:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 45:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 46:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 47:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 48:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 49:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 50:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 51:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 52:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 53:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 54:
- GLOBAL E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 55:
- GLOBAL E-BIKE MARKET, BY REGION, VOLUME, UNITS, 2017 - 2029
- Figure 56:
- GLOBAL E-BIKE MARKET, BY REGION, VALUE, USD, 2017 - 2029
- Figure 57:
- GLOBAL E-BIKE MARKET, BY REGION, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 58:
- GLOBAL E-BIKE MARKET, BY REGION, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 59:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 60:
- GLOBAL E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 61:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 62:
- GLOBAL E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 63:
- GLOBAL E-BIKE MARKET, SOUTH AFRICA , VOLUME, UNITS, 2017 - 2029
- Figure 64:
- GLOBAL E-BIKE MARKET, SOUTH AFRICA , VALUE, USD, 2017 - 2029
- Figure 65:
- GLOBAL E-BIKE MARKET, SOUTH AFRICA , VALUE SHARE (%), 2022 VS 2029
- Figure 66:
- GLOBAL E-BIKE MARKET, REST-OF-AFRICA , VOLUME, UNITS, 2017 - 2029
- Figure 67:
- GLOBAL E-BIKE MARKET, REST-OF-AFRICA , VALUE, USD, 2017 - 2029
- Figure 68:
- GLOBAL E-BIKE MARKET, REST-OF-AFRICA , VALUE SHARE (%), 2022 VS 2029
- Figure 69:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 70:
- GLOBAL E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 71:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 72:
- GLOBAL E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 73:
- GLOBAL E-BIKE MARKET, AUSTRALIA , VOLUME, UNITS, 2017 - 2029
- Figure 74:
- GLOBAL E-BIKE MARKET, AUSTRALIA , VALUE, USD, 2017 - 2029
- Figure 75:
- GLOBAL E-BIKE MARKET, AUSTRALIA , VALUE SHARE (%), 2022 VS 2029
- Figure 76:
- GLOBAL E-BIKE MARKET, CHINA , VOLUME, UNITS, 2017 - 2029
- Figure 77:
- GLOBAL E-BIKE MARKET, CHINA , VALUE, USD, 2017 - 2029
- Figure 78:
- GLOBAL E-BIKE MARKET, CHINA , VALUE SHARE (%), 2022 VS 2029
- Figure 79:
- GLOBAL E-BIKE MARKET, INDIA , VOLUME, UNITS, 2017 - 2029
- Figure 80:
- GLOBAL E-BIKE MARKET, INDIA , VALUE, USD, 2017 - 2029
- Figure 81:
- GLOBAL E-BIKE MARKET, INDIA , VALUE SHARE (%), 2022 VS 2029
- Figure 82:
- GLOBAL E-BIKE MARKET, JAPAN , VOLUME, UNITS, 2017 - 2029
- Figure 83:
- GLOBAL E-BIKE MARKET, JAPAN , VALUE, USD, 2017 - 2029
- Figure 84:
- GLOBAL E-BIKE MARKET, JAPAN , VALUE SHARE (%), 2022 VS 2029
- Figure 85:
- GLOBAL E-BIKE MARKET, NEW ZEALAND , VOLUME, UNITS, 2017 - 2029
- Figure 86:
- GLOBAL E-BIKE MARKET, NEW ZEALAND , VALUE, USD, 2017 - 2029
- Figure 87:
- GLOBAL E-BIKE MARKET, NEW ZEALAND , VALUE SHARE (%), 2022 VS 2029
- Figure 88:
- GLOBAL E-BIKE MARKET, SOUTH KOREA , VOLUME, UNITS, 2017 - 2029
- Figure 89:
- GLOBAL E-BIKE MARKET, SOUTH KOREA , VALUE, USD, 2017 - 2029
- Figure 90:
- GLOBAL E-BIKE MARKET, SOUTH KOREA , VALUE SHARE (%), 2022 VS 2029
- Figure 91:
- GLOBAL E-BIKE MARKET, REST-OF-APAC , VOLUME, UNITS, 2017 - 2029
- Figure 92:
- GLOBAL E-BIKE MARKET, REST-OF-APAC , VALUE, USD, 2017 - 2029
- Figure 93:
- GLOBAL E-BIKE MARKET, REST-OF-APAC , VALUE SHARE (%), 2022 VS 2029
- Figure 94:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 95:
- GLOBAL E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 96:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 97:
- GLOBAL E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 98:
- GLOBAL E-BIKE MARKET, AUSTRIA , VOLUME, UNITS, 2017 - 2029
- Figure 99:
- GLOBAL E-BIKE MARKET, AUSTRIA , VALUE, USD, 2017 - 2029
- Figure 100:
- GLOBAL E-BIKE MARKET, AUSTRIA , VALUE SHARE (%), 2022 VS 2029
- Figure 101:
- GLOBAL E-BIKE MARKET, BELGIUM , VOLUME, UNITS, 2017 - 2029
- Figure 102:
- GLOBAL E-BIKE MARKET, BELGIUM , VALUE, USD, 2017 - 2029
- Figure 103:
- GLOBAL E-BIKE MARKET, BELGIUM , VALUE SHARE (%), 2022 VS 2029
- Figure 104:
- GLOBAL E-BIKE MARKET, CZECH REPUBLIC , VOLUME, UNITS, 2017 - 2029
- Figure 105:
- GLOBAL E-BIKE MARKET, CZECH REPUBLIC , VALUE, USD, 2017 - 2029
- Figure 106:
- GLOBAL E-BIKE MARKET, CZECH REPUBLIC , VALUE SHARE (%), 2022 VS 2029
- Figure 107:
- GLOBAL E-BIKE MARKET, DENMARK , VOLUME, UNITS, 2017 - 2029
- Figure 108:
- GLOBAL E-BIKE MARKET, DENMARK , VALUE, USD, 2017 - 2029
- Figure 109:
- GLOBAL E-BIKE MARKET, DENMARK , VALUE SHARE (%), 2022 VS 2029
- Figure 110:
- GLOBAL E-BIKE MARKET, FINLAND , VOLUME, UNITS, 2017 - 2029
- Figure 111:
- GLOBAL E-BIKE MARKET, FINLAND , VALUE, USD, 2017 - 2029
- Figure 112:
- GLOBAL E-BIKE MARKET, FINLAND , VALUE SHARE (%), 2022 VS 2029
- Figure 113:
- GLOBAL E-BIKE MARKET, FRANCE , VOLUME, UNITS, 2017 - 2029
- Figure 114:
- GLOBAL E-BIKE MARKET, FRANCE , VALUE, USD, 2017 - 2029
- Figure 115:
- GLOBAL E-BIKE MARKET, FRANCE , VALUE SHARE (%), 2022 VS 2029
- Figure 116:
- GLOBAL E-BIKE MARKET, GERMANY , VOLUME, UNITS, 2017 - 2029
- Figure 117:
- GLOBAL E-BIKE MARKET, GERMANY , VALUE, USD, 2017 - 2029
- Figure 118:
- GLOBAL E-BIKE MARKET, GERMANY , VALUE SHARE (%), 2022 VS 2029
- Figure 119:
- GLOBAL E-BIKE MARKET, ITALY , VOLUME, UNITS, 2017 - 2029
- Figure 120:
- GLOBAL E-BIKE MARKET, ITALY , VALUE, USD, 2017 - 2029
- Figure 121:
- GLOBAL E-BIKE MARKET, ITALY , VALUE SHARE (%), 2022 VS 2029
- Figure 122:
- GLOBAL E-BIKE MARKET, LUXEMBOURG , VOLUME, UNITS, 2017 - 2029
- Figure 123:
- GLOBAL E-BIKE MARKET, LUXEMBOURG , VALUE, USD, 2017 - 2029
- Figure 124:
- GLOBAL E-BIKE MARKET, LUXEMBOURG , VALUE SHARE (%), 2022 VS 2029
- Figure 125:
- GLOBAL E-BIKE MARKET, NETHERLANDS , VOLUME, UNITS, 2017 - 2029
- Figure 126:
- GLOBAL E-BIKE MARKET, NETHERLANDS , VALUE, USD, 2017 - 2029
- Figure 127:
- GLOBAL E-BIKE MARKET, NETHERLANDS , VALUE SHARE (%), 2022 VS 2029
- Figure 128:
- GLOBAL E-BIKE MARKET, NORWAY , VOLUME, UNITS, 2017 - 2029
- Figure 129:
- GLOBAL E-BIKE MARKET, NORWAY , VALUE, USD, 2017 - 2029
- Figure 130:
- GLOBAL E-BIKE MARKET, NORWAY , VALUE SHARE (%), 2022 VS 2029
- Figure 131:
- GLOBAL E-BIKE MARKET, POLAND , VOLUME, UNITS, 2017 - 2029
- Figure 132:
- GLOBAL E-BIKE MARKET, POLAND , VALUE, USD, 2017 - 2029
- Figure 133:
- GLOBAL E-BIKE MARKET, POLAND , VALUE SHARE (%), 2022 VS 2029
- Figure 134:
- GLOBAL E-BIKE MARKET, SPAIN , VOLUME, UNITS, 2017 - 2029
- Figure 135:
- GLOBAL E-BIKE MARKET, SPAIN , VALUE, USD, 2017 - 2029
- Figure 136:
- GLOBAL E-BIKE MARKET, SPAIN , VALUE SHARE (%), 2022 VS 2029
- Figure 137:
- GLOBAL E-BIKE MARKET, SWEDEN , VOLUME, UNITS, 2017 - 2029
- Figure 138:
- GLOBAL E-BIKE MARKET, SWEDEN , VALUE, USD, 2017 - 2029
- Figure 139:
- GLOBAL E-BIKE MARKET, SWEDEN , VALUE SHARE (%), 2022 VS 2029
- Figure 140:
- GLOBAL E-BIKE MARKET, SWITZERLAND , VOLUME, UNITS, 2017 - 2029
- Figure 141:
- GLOBAL E-BIKE MARKET, SWITZERLAND , VALUE, USD, 2017 - 2029
- Figure 142:
- GLOBAL E-BIKE MARKET, SWITZERLAND , VALUE SHARE (%), 2022 VS 2029
- Figure 143:
- GLOBAL E-BIKE MARKET, UK , VOLUME, UNITS, 2017 - 2029
- Figure 144:
- GLOBAL E-BIKE MARKET, UK , VALUE, USD, 2017 - 2029
- Figure 145:
- GLOBAL E-BIKE MARKET, UK , VALUE SHARE (%), 2022 VS 2029
- Figure 146:
- GLOBAL E-BIKE MARKET, REST-OF-EUROPE , VOLUME, UNITS, 2017 - 2029
- Figure 147:
- GLOBAL E-BIKE MARKET, REST-OF-EUROPE , VALUE, USD, 2017 - 2029
- Figure 148:
- GLOBAL E-BIKE MARKET, REST-OF-EUROPE , VALUE SHARE (%), 2022 VS 2029
- Figure 149:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 150:
- GLOBAL E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 151:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 152:
- GLOBAL E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 153:
- GLOBAL E-BIKE MARKET, SAUDI ARABIA , VOLUME, UNITS, 2017 - 2029
- Figure 154:
- GLOBAL E-BIKE MARKET, SAUDI ARABIA , VALUE, USD, 2017 - 2029
- Figure 155:
- GLOBAL E-BIKE MARKET, SAUDI ARABIA , VALUE SHARE (%), 2022 VS 2029
- Figure 156:
- GLOBAL E-BIKE MARKET, UNITED ARAB EMIRATES , VOLUME, UNITS, 2017 - 2029
- Figure 157:
- GLOBAL E-BIKE MARKET, UNITED ARAB EMIRATES , VALUE, USD, 2017 - 2029
- Figure 158:
- GLOBAL E-BIKE MARKET, UNITED ARAB EMIRATES , VALUE SHARE (%), 2022 VS 2029
- Figure 159:
- GLOBAL E-BIKE MARKET, REST-OF-MIDDLE EAST , VOLUME, UNITS, 2017 - 2029
- Figure 160:
- GLOBAL E-BIKE MARKET, REST-OF-MIDDLE EAST , VALUE, USD, 2017 - 2029
- Figure 161:
- GLOBAL E-BIKE MARKET, REST-OF-MIDDLE EAST , VALUE SHARE (%), 2022 VS 2029
- Figure 162:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 163:
- GLOBAL E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 164:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 165:
- GLOBAL E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 166:
- GLOBAL E-BIKE MARKET, CANADA , VOLUME, UNITS, 2017 - 2029
- Figure 167:
- GLOBAL E-BIKE MARKET, CANADA , VALUE, USD, 2017 - 2029
- Figure 168:
- GLOBAL E-BIKE MARKET, CANADA , VALUE SHARE (%), 2022 VS 2029
- Figure 169:
- GLOBAL E-BIKE MARKET, MEXICO , VOLUME, UNITS, 2017 - 2029
- Figure 170:
- GLOBAL E-BIKE MARKET, MEXICO , VALUE, USD, 2017 - 2029
- Figure 171:
- GLOBAL E-BIKE MARKET, MEXICO , VALUE SHARE (%), 2022 VS 2029
- Figure 172:
- GLOBAL E-BIKE MARKET, US , VOLUME, UNITS, 2017 - 2029
- Figure 173:
- GLOBAL E-BIKE MARKET, US , VALUE, USD, 2017 - 2029
- Figure 174:
- GLOBAL E-BIKE MARKET, US , VALUE SHARE (%), 2022 VS 2029
- Figure 175:
- GLOBAL E-BIKE MARKET, REST-OF-NORTH AMERICA , VOLUME, UNITS, 2017 - 2029
- Figure 176:
- GLOBAL E-BIKE MARKET, REST-OF-NORTH AMERICA , VALUE, USD, 2017 - 2029
- Figure 177:
- GLOBAL E-BIKE MARKET, REST-OF-NORTH AMERICA , VALUE SHARE (%), 2022 VS 2029
- Figure 178:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 179:
- GLOBAL E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 180:
- GLOBAL E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 181:
- GLOBAL E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 182:
- GLOBAL E-BIKE MARKET, ARGENTINA , VOLUME, UNITS, 2017 - 2029
- Figure 183:
- GLOBAL E-BIKE MARKET, ARGENTINA , VALUE, USD, 2017 - 2029
- Figure 184:
- GLOBAL E-BIKE MARKET, ARGENTINA , VALUE SHARE (%), 2022 VS 2029
- Figure 185:
- GLOBAL E-BIKE MARKET, BRAZIL , VOLUME, UNITS, 2017 - 2029
- Figure 186:
- GLOBAL E-BIKE MARKET, BRAZIL , VALUE, USD, 2017 - 2029
- Figure 187:
- GLOBAL E-BIKE MARKET, BRAZIL , VALUE SHARE (%), 2022 VS 2029
- Figure 188:
- GLOBAL E-BIKE MARKET, REST-OF-SOUTH AMERICA , VOLUME, UNITS, 2017 - 2029
- Figure 189:
- GLOBAL E-BIKE MARKET, REST-OF-SOUTH AMERICA , VALUE, USD, 2017 - 2029
- Figure 190:
- GLOBAL E-BIKE MARKET, REST-OF-SOUTH AMERICA , VALUE SHARE (%), 2022 VS 2029
- Figure 191:
- GLOBAL E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
- Figure 192:
- GLOBAL E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 193:
- GLOBAL E-BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2023
E-bike Industry Segmentation
Pedal Assisted, Speed Pedelec, Throttle Assisted are covered as segments by Propulsion Type. Cargo/Utility, City/Urban, Trekking are covered as segments by Application Type. Lead Acid Battery, Lithium-ion Battery, Others are covered as segments by Battery Type. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- E-bikes are reliable and environmentally beneficial. They are also a great mode of transportation since they combine the comfort of a car with the fun of riding, which makes them particularly handy for leisure activities. An e-bike is quiet, produces no carbon emissions, provides a cheap form of transportation, conserves space, and promotes excellent health. The primary driving forces of the market's growth are increased awareness about fitness, rising environmental concerns, increased traffic congestion, and government initiatives to promote cycling.
- E-bikes are an excellent means of transportation, particularly for recreational activities. These bikes enable customers to cross rugged terrains that would be difficult to navigate without an electric engine. People started looking for safe and comfortable modes of transportation during the COVID-19 pandemic, and the e-bike business is increasing as a result of the integration of e-bikes into regular use. These factors are increasing the popularity of e-bikes around the world.
- With ever-increasing environmental and health concerns, governments and international organizations around the world are passing tough emission standards to limit carbon emissions. Some international organizations around the world have implemented severe vehicle standards. The rapid depletion of fossil fuel reserves has raised concerns about the sustainability of future generations. This aspect presents a significant challenge to governments and society. As a result, e-bikes are proven to be an excellent answer to the problem.
| Propulsion Type | |
| Pedal Assisted | |
| Speed Pedelec | |
| Throttle Assisted |
| Application Type | |
| Cargo/Utility | |
| City/Urban | |
| Trekking |
| Battery Type | |
| Lead Acid Battery | |
| Lithium-ion Battery | |
| Others |
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Market Definition
- By Application Type - E-bikes considered under this segment include city/urban, trekking, and cargo/utility e-bikes. The common types of e-bikes under these three categories include off-road/hybrid, kids, ladies/gents, cross, MTB, folding, fat tire, and sports e-bike.
- By Battery Type - This segment includes lithium-ion batteries, lead-acid batteries, and other battery types. The other battery type category includes nickel-metal hydroxide (NiMH), silicon, and lithium-polymer batteries.
- By Propulsion Type - E-bikes considered under this segment include pedal-assisted e-bikes, throttle-assisted e-bikes, and speed pedelec. While the speed limit of pedal and throttle-assisted e-bikes is usually 25 km/h, the speed limit of speed pedelec is generally 45 km/h (28 mph).
| Keyword | Definition |
|---|---|
| Pedal Assisted | Pedal-assist or pedelec category refers to the electric bikes that provide limited power assistance through torque-assist system and do not have throttle for varying the speed. The power from the motor gets activated upon pedaling in these bikes and reduces human efforts. |
| Throttle Assisted | Throttle-based e-bikes are equipped with the throttle assistance grip, installed on the handlebar, similarly to motorbikes. The speed can be controlled by twisting the throttle directly without the need to pedal. The throttle response directly provides power to the motor installed in the bicycles and speeds up the vehicle without paddling. |
| Speed Pedelec | Speed pedelec is e-bikes similar to pedal-assist e-bikes as they do not have throttle functionality. However, these e-bikes are integrated with an electric motor which delivers power of approximately 500 W and more. The speed limit of such e-bikes is generally 45 km/h (28 mph) in most of the countries. |
| City/Urban | The city or urban e-bikes are designed with daily commuting standards and functions to be operated within the city and urban areas. The bicycles include various features and specifications such as comfortable seats, sit upright riding posture, tires for easy grip and comfortable ride, etc. |
| Trekking | Trekking and mountain bikes are special types of e-bikes that are designed for special purposes considering the robust and rough usage of the vehicles. These bicycles include a strong frame, and wide tires for better and advanced grip and are also equipped with various gear mechanisms which can be used while riding in different terrains, rough grounded, and tough mountainous roads. |
| Cargo/Utility | The e-cargo or utility e-bikes are designed to carry various types of cargo and packages for shorter distances such as within urban areas. These bikes are usually owned by local businesses and delivery partners to deliver packages and parcels at very low operational costs. |
| Lithium-ion Battery | A Li-ion battery is a rechargeable battery, which uses lithium and carbon as its constituent materials. The Li-Ion batteries have a higher density and lesser weight than sealed lead acid batteries and provide the rider with more range per charge than other types of batteries. |
| Lead Acid Battery | A lead acid battery refers to sealed lead acid battery having a very low energy-to-weight and energy-to-volume ratio. The battery can produce high surge currents, owing to its relatively high power-to-weight ratio as compared to other rechargeable batteries. |
| Other Batteries | This includes electric bikes using nickel鈥搈etal hydroxide (NiMH), silicon, and lithium-polymer batteries. |
| Business-to-Business (B2B) | The sales of e-bikes to business customers such as urban fleet and logistics company, rental/sharing operators, last-mile fleet operators, and corporate fleet operators are considered under this category. |
| Business-to-Customers (B2C) | The sales of electric scooters and motorcycles to direct consumers is considered under this category. The consumers acquire these vehicles either directly from manufacturers or from other distributers and dealers through online and offline channel. |
| Unorganized Local OEMs | These players are small local manufacturers and assemblers of e-bikes. Most of these manufacturers import the components from China and Taiwan and assemble them locally. They offer the product at low cost in this price sensitive market which give them advantage over organized manufacturers. |
| Battery-as-a-Service | A business model in which the battery of an EV can be rented from a service provider or swapped with another battery when it runs out of charge |
| Dockless e-Bikes | Electric bikes that have self-locking mechanisms and a GPS tracking facility with an average top speed of around 15mph. These are mainly used by bike-sharing companies such as Bird, Lime, and Spin. |
| Electric Vehicle | A vehicle which uses one or more electric motors for propulsion. Includes cars, scooters, buses, trucks, motorcycles, and boats. This term includes all-electric vehicles and hybrid electric vehicles |
| Plug-in EV | An electric vehicle that can be externally charged and generally includes all-electric vehicles as well as plug-in hybrids. In this report we use the term for all-electric vehicles to differentiate them from plug-in hybrid electric vehicles. |
| Lithium-Sulphur Battery | A rechargeable battery that replaces the liquid or polymer electrolyte found in current lithium-ion batteries with sulfur. They have more capacity than Li-ion batteries. |
| Micromobility | Micromobility is one of the many modes of transport involving very-light-duty vehicles to travel short distances. These means of transportation include bikes, e-scooters, e-bikes, mopeds, and scooters. Such vehicles are used on a sharing basis for covering short distances, usually five miles or less. |
| Low Speed Electric Vehicls (LSEVs) | They are low speed (usually less than 25 kmph) light vehicles that do not have an internal combustion engine, and solely use electric energy for propulsion. |
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Research Methodology
糖心vlog传媒 follows a four-step methodology in all its reports.
- Step-1: Identify Key Variables: To build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and聽forecast years have been provided in revenue and volume terms. Market revenue is calculated by multiplying the volume demand with volume-weighted average battery pack price (per kWh). Battery pack price estimation and forecast takes into account various factors affecting ASP, such as inflation rates, market demand shifts, production costs, technological developments, and consumer preferences, providing estimations for both historical data and future trends.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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