Global Mid-Drive E-Bike Market Growth 2024-2030
A mid-drive e-bike is an electric bicycle where the motor is located in the middle of the bike's frame, usually integrated with the bottom bracket and crankset. This central placement provides several advantages over other types of e-bike motors, like hub motors. The motor's central position offers a more balanced weight distribution, leading to improved handling and stability. Mid-drive motors work with the bike's existing gears, allowing for more efficient power usage. This means better performance on hills and varied terrains since the motor can adjust its output based on the selected gear.Mid-drive electric bikes have surged in popularity among cyclists who face challenging terrains, especially steep inclines. Renowned for delivering more than twice the torque compared to traditional hub motors, these bikes have become a favorite for riders residing in hilly or mountainous regions.
The global Mid-Drive E-Bike market size is projected to grow from US$ 5627 million in 2024 to US$ 7576 million in 2030; it is expected to grow at a CAGR of 5.1% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Mid-Drive E-Bike Industry Forecast” looks at past sales and reviews total world Mid-Drive E-Bike sales in 2023, providing a comprehensive analysis by region and market sector of projected Mid-Drive E-Bike sales for 2024 through 2030. With Mid-Drive E-Bike sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mid-Drive E-Bike industry.
This Insight Report provides a comprehensive analysis of the global Mid-Drive E-Bike landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mid-Drive E-Bike portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mid-Drive E-Bike market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mid-Drive E-Bike and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mid-Drive E-Bike.
United States market for Mid-Drive E-Bike is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Mid-Drive E-Bike is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Mid-Drive E-Bike is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Mid-Drive E-Bike players cover VoltBike Electric Inc, Rize Bikes, Ride1Up, Tenwayers, Trek, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Mid-Drive E-Bike market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Step-Through
Step-Over
Segmentation by Application:
Commuting
Mountain Biking
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
VoltBike Electric Inc
Rize Bikes
Ride1Up
Tenwayers
Trek
Specialized Bicycle Components, Inc
Aventon
Borealis
Bakcou
Magnum
DŌST Bikes
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mid-Drive E-Bike market?
What factors are driving Mid-Drive E-Bike market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mid-Drive E-Bike market opportunities vary by end market size?
How does Mid-Drive E-Bike break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.