France E-bike Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 2.08 Billion |
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Market Size (2029) | USD 3.14 Billion |
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Largest Share by Propulsion Type | Pedal Assisted |
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CAGR (2024 - 2029) | 8.55 % |
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Fastest Growing by Propulsion Type | Throttle Assisted |
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Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
France E-bike Market Analysis
The France E-bike Market size is estimated at 2.08 billion USD in 2024, and is expected to reach 3.14 billion USD by 2029, growing at a CAGR of 8.55% during the forecast period (2024-2029).
2.08 Billion
Market Size in 2024 (USD)
3.14 Billion
Market Size in 2029 (USD)
23.86 %
CAGR (2017-2023)
8.55 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
76.90 %
value share, Pedal Assisted, 2023
E-bikes with pedal assistance produce more power from the motor, allowing riders assistance while pedaling and not making them feel tired, thus encouraging them to opt for pedal-assisted bicycles.
Largest Segment by Application Type
76.49 %
value share, City/Urban, 2023
The increasing use of bicycles for daily commutes to nearby locations, such as offices, schools, and shops, is making city/urban bikes the largest application type.
Largest Segment by Battery Type
100 %
value share, Lithium-ion Battery, 2023
Lightweight batteries, fast-charging technology, long-range offerings, and longer lifespan over conventional batteries make lithium-ion batteries the largest battery type segment in the market.
Fastest-growing Segment by Propulsion Type
8.59 %
Projected CAGR, Throttle Assisted, 2024-2029
Consumer preference toward speedy bikes over other transportation to avoid traffic congestion and save fuel cost while commuting to nearby locations makes speed pedelecs the fastest-growing propulsion-type segment.
Leading Market Player
8.01 %
market share, Giant Manufacturing Co. Ltd., 2022
High brand awareness, strong product lines, wide product offerings, and great R&D capabilities focused on innovation make Giant Manufacturing Co. the largest market player in France.
Propulsion Segment Market Overview
- France's current road system is proving insufficient to handle the daily increase in car traffic. The WHO estimates that 1.35 million individuals lose their lives in traffic accidents every year. E-bike use will decrease the number of automobiles on the road as they take up less space on the road and cause fewer traffic jams. As a result, more people in France are choosing to ride e-bikes, which may increase their demand in the country.
- The COVID-19 pandemic significantly increased the demand for electric bikes. E-bikes emerged as the preferred mode of transportation as they are quick, simple to ride, affordable, and safe. During the pandemic, people's growing anxiety regarding public transportation and social distancing measures also boosted the demand for e-bikes in France. However, with businesses shutting down and only necessary services being permitted to commute during the first quarter of 2020, along with the government's limitations and lockdowns, the sales of e-bikes slowed down in the country. After the relaxation of restrictions and with wide vaccination campaigns, the world regained normalcy, which, in turn, contributed to commuters' going back to their regular travel patterns.
- In the coming years the market is expected to witness significant growth. Factors that may speed up the expansion of the e-bike market include government financing and strict restrictions on pollution and traffic congestion. The increased public interest in e-bikes as an affordable, dependable, and eco-friendly alternative to traditional vehicles is driving the growth of the electric bicycle market in the country and globally.
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France E-bike Market Trends
France's E-Bike adoption rates indicate a robust growth, reflecting an expanding market and increasing popularity.
- Bicycle sales in France have grown significantly over the past few years. The increasing number of health-conscious consumers, high traffic congestion on the roads during peak hours, and increasing government practices to promote e-bicycles and protect the environment are improving the adoption of e-bicycles in the country. Reduced fuel costs and eco-friendliness of these bikes also accelerated their adoption rate by 2.60% in 2019 over 2018.
- The COVID-19 pandemic in the country positively impacted e-bike sales. People preferred using their personal vehicles for daily commutes and avoided public transportation due to the fear of contracting the virus during the pandemic, which further accelerated the sales of e-bikes in France. As a result, the adoption of e-bikes in the country grew by 19.60% in 2020 over 2019.
- The relaxation of COVID-19 restrictions due to a drop in the number of cases also led to the resumption of businesses and offices, which also contributed to the growth of the e-bike market in the country in Q1 2022. Companies are launching e-bikes with high-tech features, long battery ranges, higher speed limits, and fast charging features, thus encouraging consumer interest in the market. During the forecast period, the country is expected to see a growth of 80% in the adoption of e-bikes.
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France demonstrates a steady increase in the percentage of commuters traveling 5-15 km daily, indicating evolving commuting habits.
- The country has witnessed a significant increase in bicycle demand in recent years, with rising interest in bicycles as a mode of commute among consumers. Though the demand for e-bikes is rising, the daily commute to offices and marketplaces within the range of 5-15 km is still low compared to other modes of transportation. Most people prefer personal automobiles for daily commutes. In 2020, only 3% of the workers across France opted for bicycles for daily commutes.
- In 2020, the COVID-19 pandemic in France led to the closure of public transportation and gyms, along with offices and business operations. Therefore, people developed the habit of daily cycling during lockdowns, which continued in 2021. People are choosing to use e-bicycles to commute to their offices, businesses, and nearby locations, which raised the number of commuters in the range of 5-15 km by 0.3% in 2021 over 2020. The availability of e-bikes with modern battery packs that offer a greater range of up to 40-45 km is also increasing the demand from consumers who commute within the range of 5-15 km every day.
- In 2022, many users commuted daily by bicycle to their workplaces. A growing number of people are choosing to travel by e-bikes, mainly due to their health benefits, no emissions, and time savings. The developments in the bicycle infrastructure are also boosting the demand for e-bikes in the country. In September 2021, French Prime Minister Elisabeth Borne granted EUR 250 million to improve bike infrastructure and provide cycling classes for 800,000 schoolchildren. Such factors are anticipated to improve the use of e-bikes among consumers who travel a distance of 5-15 km daily during the forecast period.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- France's bicycle market shows a fluctuating trend with a recent decline, suggesting a need for market revitalization strategies.
- France's inflation rates display a peak in 2022, with a trend towards stabilization, reflecting effective economic interventions.
- France's e-bike battery prices are on a downward trend, highlighting market growth and increased production scale.
- France's continuous increase in dedicated bicycle lanes showcases the country's initiatives to integrate cycling into the daily fabric of urban life.
- France's E-bike charging time is on a downward trend, indicating the country's commitment to promoting electric mobility and enhancing charging technology.
- France's GDP per capita demonstrates steady growth, indicating a resilient economy and sustained living standards.
- France's bicycle rental market, after a notable rise in 2020, continues to grow steadily, reflecting strong market health and ongoing consumer interest.
- France's hyper-local delivery sector is growing steadily, pointing to a progressive shift in consumer preferences towards local online services.
- France's number of trekkers is on the rise, pointing towards a growing interest in exploring the country's rich natural heritage through trekking.
- France's Traffic Congestion Index shows minor fluctuations, pointing to variable traffic conditions and efforts in managing congestion.
France E-bike Industry Overview
The France E-bike Market is fragmented, with the top five companies occupying 25.95%. The major players in this market are CYCLE ME (Moustache Bikes), CYCLES LAPIERRE (Lapierre), DECATHLON (B-Twin), Giant Manufacturing Co. Ltd. and Trek Bicycle Corporation (sorted alphabetically).
France E-bike Market Leaders
CYCLE ME (Moustache Bikes)
CYCLES LAPIERRE (Lapierre)
DECATHLON (B-Twin)
Giant Manufacturing Co. Ltd.
Trek Bicycle Corporation
Other important companies include Cannondale Bicycle Corporation, Cycles Peugeot, FRONTISPORT (Gitane), KTM Bike Industries, Mondraker Germany GmbH.
*Disclaimer: Major Players sorted in alphabetical order.
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France E-bike Market News
- January 2023: Moustache Bikes Provides All-Terrain Versatility With Petit Weekend E-Bike, Moustache puts a practical spin on the full-suspension e-bike.
- December 2022: B-twin Elops LD500E e-bike launches for urban rides with 115 km range.
- November 2022: Cannondale and Stella McCartney introduced the new Stella Shared 3x Cannondale customs bike collection.
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.
France 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
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Cannondale Bicycle Corporation
4.4.2. CYCLE ME (Moustache Bikes)
4.4.3. CYCLES LAPIERRE (Lapierre)
4.4.4. Cycles Peugeot
4.4.5. DECATHLON (B-Twin)
4.4.6. FRONTISPORT (Gitane)
4.4.7. Giant Manufacturing Co. Ltd.
4.4.8. KTM Bike Industries
4.4.9. Mondraker Germany GmbH
4.4.10. Trek Bicycle Corporation
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:
- FRANCE E-BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 2:
- FRANCE E-BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
- Figure 3:
- FRANCE E-BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
- Figure 4:
- FRANCE E-BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
- Figure 5:
- FRANCE E-BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
- Figure 6:
- FRANCE E-BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
- Figure 7:
- FRANCE E-BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
- Figure 8:
- FRANCE E-BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
- Figure 9:
- FRANCE E-BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 10:
- FRANCE E-BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 11:
- FRANCE E-BIKE MARKET, NUMBER OF TREKKERS, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 12:
- FRANCE E-BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
- Figure 13:
- FRANCE E-BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
- Figure 14:
- FRANCE E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
- Figure 15:
- FRANCE E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
- Figure 16:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 17:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 18:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 19:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 20:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 21:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 22:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 23:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 24:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 25:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 26:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 27:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 28:
- FRANCE E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 29:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 30:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 31:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 32:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 33:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 34:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 35:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 36:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 37:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 38:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 39:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 40:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 41:
- FRANCE E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 42:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 43:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 44:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 45:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 46:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 47:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 48:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 49:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 50:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 51:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 52:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 53:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 54:
- FRANCE E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 55:
- FRANCE E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
- Figure 56:
- FRANCE E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 57:
- FRANCE E-BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2022
France 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.
- France's current road system is proving insufficient to handle the daily increase in car traffic. The WHO estimates that 1.35 million individuals lose their lives in traffic accidents every year. E-bike use will decrease the number of automobiles on the road as they take up less space on the road and cause fewer traffic jams. As a result, more people in France are choosing to ride e-bikes, which may increase their demand in the country.
- The COVID-19 pandemic significantly increased the demand for electric bikes. E-bikes emerged as the preferred mode of transportation as they are quick, simple to ride, affordable, and safe. During the pandemic, people's growing anxiety regarding public transportation and social distancing measures also boosted the demand for e-bikes in France. However, with businesses shutting down and only necessary services being permitted to commute during the first quarter of 2020, along with the government's limitations and lockdowns, the sales of e-bikes slowed down in the country. After the relaxation of restrictions and with wide vaccination campaigns, the world regained normalcy, which, in turn, contributed to commuters' going back to their regular travel patterns.
- In the coming years the market is expected to witness significant growth. Factors that may speed up the expansion of the e-bike market include government financing and strict restrictions on pollution and traffic congestion. The increased public interest in e-bikes as an affordable, dependable, and eco-friendly alternative to traditional vehicles is driving the growth of the electric bicycle market in the country and globally.
| 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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