E-Bike Market by Component (Battery, Brake System, Crank Gear), Class (Class-I, Class-II, Class-III), Battery, Speed, Ownership, Usage - Global Forecast 2023-2030
The E-Bike Market is projected to reach USD 89.44 billion by 2030 from USD 45.83 billion in 2022, at a CAGR of 8.71% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the E-Bike Market.
- Based on Component, market is studied across Battery, Brake System, Crank Gear, Electric Motor, Frame With Fork, Motor Controller, and Wheels. The Electric Motor is further studied across Hub Motor and Mid Motor. The Battery commanded largest market share of 21.45% in 2022, followed by Frame With Fork.
- Based on Class, market is studied across Class-I, Class-II, and Class-III. The Class-II commanded largest market share of 43.25% in 2022, followed by Class-III.
- Based on Battery, market is studied across Lead Acid and Lithium-Ion. The Lithium-Ion commanded largest market share of 65.54% in 2022, followed by Lead Acid.
- Based on Speed, market is studied across 25-45 Kmph and Up to 25 Kmph. The Up to 25 Kmph commanded largest market share of 62.12% in 2022, followed by 25-45 Kmph.
- Based on Ownership, market is studied across Personal and Shared. The Personal commanded largest market share of 57.77% in 2022, followed by Shared.
- Based on Usage, market is studied across Cargo, City & Urban, and Mountaineering & Trekking. The City & Urban commanded largest market share of 67.40% in 2022, followed by Cargo.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.76% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the E-Bike Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape E-Bike Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the E-Bike Market, highlighting leading vendors and their innovative profiles. These include Accell Group N.V., Addmotor Tech., AIMA Technology Group Co., Ltd., AmericanElectric, Ampler Bikes OÜ, Anywhere Bikes, Ariel Rider Ebikes, Aventon, Beistegui Hermanos S.A., Brompton Bicycle Limited, Cowboy SA, ENERMAX Technology Corporation, Giant Manufacturing Co., Ltd., Gocycle by Karbon Kinetics Ltd., Hero Cycles Limited, HeyBike, Inc., Juiced Riders, Inc., Keego Mobility, Lectric eBikes, LLC, Lyft, Inc., Merida Industry Co., Ltd., Mondraker by Blue Factory Team S.L.U., myStromer AG, PEDEGO INC., PIERER Mobility AG, Pon Holdings B.V., Porsche eBike Performance GmbH, Rad Power Bikes Inc., Ride1Up, Inc., Riese & Müller GmbH, SCOTT Sports SA, Shimano Inc., Smalo by Darad Innovation Corporation, Solex Cycle North America Inc., Specialized Bicycle Components, Inc., Trek Bicycle Corporation, VanMoof B.V., VOLT E BYK, Yadea Technology Group Co., Ltd., and Yamaha Motor Co., Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the E-Bike Market?
- Which products, segments, applications, and areas hold the highest investment potential in the E-Bike Market?
- What is the competitive strategic window for identifying opportunities in the E-Bike Market?
- What are the latest technology trends and regulatory frameworks in the E-Bike Market?
- What is the market share of the leading vendors in the E-Bike Market?
- Which modes and strategic moves are suitable for entering the E-Bike Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. E-Bike Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing use of shared mobility solutions and supportive government initiatives for e-bikes
- 5.1.1.2. High availability of e-bikes through online distribution channels
- 5.1.2. Restraints
- 5.1.2.1. High cost related to e-bikes and issues related to product recall
- 5.1.3. Opportunities
- 5.1.3.1. Rapid inclination towards connected e-bikes
- 5.1.3.2. Emerging development of advanced battery pack for e-bikes
- 5.1.4. Challenges
- 5.1.4.1. Underdeveloped charging & cycling infrastructure and issues related to rental e-bikes
- 5.2. Market Segmentation Analysis
- 5.2.1. Battery: Improved Performance of E-Bikes Based on Various Battery Types
- 5.2.2. Component: Advancements in Light Weight Components Materials Utilized for E-Bikes Manufacturing
- 5.2.3. Class: Emergence of Class-III e-bike manufacturing to provide a more efficient riding experience
- 5.2.4. Speed: Expanding use of 25-45 Kmph speed-ranged e-bikes for commercial purposes
- 5.2.5. Ownership: Emerging trend and popularity of shared e-bikes globally
- 5.2.6. Usage: Significant demand for mountaineering and trekking e-bikes owing to the rise in recreational activities
- 5.3. Market Trend Analysis
- 5.3.1. Increasing government initiatives to encourage use of e-bike coupled with introduction of smart e-bikes in the Americas region
- 5.3.2. Significant presence of e-bike manufacturers in the APAC region
- 5.3.3. Ongoing advancements and integration of digital technologies in the e-bikes in the EMEA region
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. E-Bike Market, by Component
- 6.1. Introduction
- 6.2. Battery
- 6.3. Brake System
- 6.4. Crank Gear
- 6.5. Electric Motor
- 6.6.1. Hub Motor
- 6.6.2. Mid Motor
- 6.6. Frame With Fork
- 6.7. Motor Controller
- 6.8. Wheels
- 7. E-Bike Market, by Class
- 7.1. Introduction
- 7.2. Class-I
- 7.3. Class-II
- 7.4. Class-III
- 8. E-Bike Market, by Battery
- 8.1. Introduction
- 8.2. Lead Acid
- 8.3. Lithium-Ion
- 9. E-Bike Market, by Speed
- 9.1. Introduction
- 9.2. 25-45 Kmph
- 9.3. Up to 25 Kmph
- 10. E-Bike Market, by Ownership
- 10.1. Introduction
- 10.2. Personal
- 10.3. Shared
- 11. E-Bike Market, by Usage
- 11.1. Introduction
- 11.2. Cargo
- 11.3. City & Urban
- 11.4. Mountaineering & Trekking
- 12. Americas E-Bike Market
- 12.1. Introduction
- 12.2. Argentina
- 12.3. Brazil
- 12.4. Canada
- 12.5. Mexico
- 12.6. United States
- 13. Asia-Pacific E-Bike Market
- 13.1. Introduction
- 13.2. Australia
- 13.3. China
- 13.4. India
- 13.5. Indonesia
- 13.6. Japan
- 13.7. Malaysia
- 13.8. Philippines
- 13.9. Singapore
- 13.10. South Korea
- 13.11. Taiwan
- 13.12. Thailand
- 13.13. Vietnam
- 14. Europe, Middle East & Africa E-Bike Market
- 14.1. Introduction
- 14.2. Denmark
- 14.3. Egypt
- 14.4. Finland
- 14.5. France
- 14.6. Germany
- 14.7. Israel
- 14.8. Italy
- 14.9. Netherlands
- 14.10. Nigeria
- 14.11. Norway
- 14.12. Poland
- 14.13. Qatar
- 14.14. Russia
- 14.15. Saudi Arabia
- 14.16. South Africa
- 14.17. Spain
- 14.18. Sweden
- 14.19. Switzerland
- 14.20. Turkey
- 14.21. United Arab Emirates
- 14.22. United Kingdom
- 15. Competitive Landscape
- 15.1. FPNV Positioning Matrix
- 15.2. Market Share Analysis, By Key Player
- 15.3. Competitive Scenario Analysis, By Key Player
- 15.3.1. Merger & Acquisition
- 15.3.1.1. The Rohatyn Group Completes Acquisition of E-Bike Production Company, Leader From KJK Capital
- 15.3.2. Agreement, Collaboration, & Partnership
- 15.3.2.1. Yulu, Magna partner to set up battery-charging, swapping network in India
- 15.3.2.2. MURF Electric Bikes Partners with GEF Capital; Plans for National Expansion and Product Innovation
- 15.3.3. New Product Launch & Enhancement
- 15.3.3.1. HeyBike To Launch Upgraded Mars 2.0 Folding E-Bike In October 2023
- 15.3.3.2. Velotric Launches Two New Utility and Cargo E-Bikes, Challenging the Market
- 15.3.3.3. Yamaha Releases Two New “BOOSTER” eBikes
- 15.3.3.4. Yadea Targets the U.S. Market with the Launch of Three New E-bike Models at CES 2023
- 15.3.3.5. Hero Motors, Yamaha joint venture opens factory for electric cycle drive units
- 15.3.4. Award, Recognition, & Expansion
- 15.3.4.1. Flyer Electric Bikes Expanding Distribution, Offering Free E-Bikes to Shops
- 16. Competitive Portfolio
- 16.1. Key Company Profiles
- 16.1.1. Accell Group N.V.
- 16.1.2. Addmotor Tech.
- 16.1.3. AIMA Technology Group Co., Ltd.
- 16.1.4. AmericanElectric
- 16.1.5. Ampler Bikes OÜ
- 16.1.6. Anywhere Bikes
- 16.1.7. Ariel Rider Ebikes
- 16.1.8. Aventon
- 16.1.9. Beistegui Hermanos S.A.
- 16.1.10. Brompton Bicycle Limited
- 16.1.11. Cowboy SA
- 16.1.12. ENERMAX Technology Corporation
- 16.1.13. Giant Manufacturing Co., Ltd.
- 16.1.14. Gocycle by Karbon Kinetics Ltd.
- 16.1.15. Hero Cycles Limited
- 16.1.16. HeyBike, Inc.
- 16.1.17. Juiced Riders, Inc.
- 16.1.18. Keego Mobility
- 16.1.19. Lectric eBikes, LLC
- 16.1.20. Lyft, Inc.
- 16.1.21. Merida Industry Co., Ltd.
- 16.1.22. Mondraker by Blue Factory Team S.L.U.
- 16.1.23. myStromer AG
- 16.1.24. PEDEGO INC.
- 16.1.25. PIERER Mobility AG
- 16.1.26. Pon Holdings B.V.
- 16.1.27. Porsche eBike Performance GmbH
- 16.1.28. Rad Power Bikes Inc.
- 16.1.29. Ride1Up, Inc.
- 16.1.30. Riese & Müller GmbH
- 16.1.31. SCOTT Sports SA
- 16.1.32. Shimano Inc.
- 16.1.33. Smalo by Darad Innovation Corporation
- 16.1.34. Solex Cycle North America Inc.
- 16.1.35. Specialized Bicycle Components, Inc.
- 16.1.36. Trek Bicycle Corporation
- 16.1.37. VanMoof B.V.
- 16.1.38. VOLT E BYK
- 16.1.39. Yadea Technology Group Co., Ltd.
- 16.1.40. Yamaha Motor Co., Ltd.
- 16.2. Key Product Portfolio
- 17. Appendix
- 17.1. Discussion Guide
- 17.2. License & Pricing
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