Global E-Bikes

Global E-Bikes with Covid-19 Market Impact Analysis

Global e-bike demand is projected to climb 3.5% annually in unit terms between 2019 and 2024. China, by far the world’s largest market, is expected to account for nearly half of all market gains during this period, despite registering subpar growth. Outside of China, demand for e-bikes is forecast to expand rapidly as these machines become more widely available; the number of households that can afford ebikes increases; high quality e-bikes become more widely available; and e-bikes are increasingly used for recreation. Although the global e-bike market is expected to contract in 2020 because of falling consumer spending, supply chain disruptions, and economic turmoil, a recovery is expected to be quite rapid as consumers around the world turn to e-bikes as an alternative to public transportation. Governments around the world will work to increase bus use in order to address both climate changed and air pollution, and the COVID-19 pandemic.

This study covers all e-bikes, which are defined as a conventional bicycle with pedals and an integrated electric motor, both of which can be used to propel the rider.

Motorcycle data is provided for 19 nations in the following regions:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global e-bike market. Historical figures are provided for 2009, 2014, and 2019 with forecasts for 2024. E-bike demand is presented in units. In addition, the study analyzes the structure of the global e-bike industry and gives market share figures for leading producers in both unit and dollar terms.