Global E-bike (Electric Bike) Market Size, By Class, By Speed, By Battery Type, By Motor Type, By Mode, By Component, By Usage, By Ownership, By Design and By Region, Market Share & Forecast, Global Forecast to 2022 – 2027.

Global E-bike (Electric Bike) Market Size, By Class, By Speed, By Battery Type, By Motor Type, By Mode, By Component, By Usage, By Ownership, By Design and By Region, Market Share & Forecast, Global Forecast to 2022 – 2027.

Global E-bike Market

The E-bike Market size is estimated to be USD 49.7 billion in 2022, and is projected to reach USD 80.6 billion by 2027 at a CAGR of 10.2% from 2022 to 2027.

The Global E-bike market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data & emerging technology to determine the industry’s growth drivers.

The Electric Bike market is expected to grow due to some of the driving factors for the market such as rapid urbanization, safe, convenient, and affordable alternative to public transportation, and growing infrastructure development activities in different countries. However, E-bike adoption remains limited on a large scale because of high purchase cost, which acts as a hamper to this market.

In this report study, the key trend prospects & important drivers for the E-bike market’s growth are explored and analysed in depth. The market dynamics included in the report includes drivers, restraints, opportunities, and challenges, which may have a positive or negative impact on market overall growth.

Global E-bike Market Report Objective

This report helps the user understand the market in terms of definition, segmentation, market potential, key trends, and industry challenges. Industry analysis were undertaken across the report’s framework, which will help readers obtain a comprehensive scenario of the market. The market statistics & data were acquired from reliable sources such as websites, annual reports of companies, journals, and other publications, then double-checked and validated by industry experts.

This report also covers PORTER’S five forces to help determine several factors like the threat of substitutes, competitive analysis, power of buyer, supplier as well as the threat of new entry. The report has classified the Global E-bike Market based on Class, Speed, Battery Type, Motor Type, Mode, Component, Usage, Ownership, Design and Region.

COVID-19 Impact

Due to the COVID-19 and the subsequent lockdowns and with all the restrictions, the production of e-bikes had witnessed a decline. However, after pandemic normalcy, the market is picking up pace. Due to the COVID-19 outbreak and the risk of contamination through public transport, people are showing an increased interest in buying their means of commute.

Key Players:

The E-bike Market is dominated by a few globally established players such Accell Group NV, Pon.Bike, Merida Industry Co. Ltd., Giant Manufacturing Co., Ltd., Yamaha Motor Company, BionX, Robert Bosch GmbH, Derby Cycle, Klever Mobility, Samsung SDI Co, Continental AG, Prodecotech LLC, Fuji-ta, Trek Bicycle Corporation, Pedego Electric Bikes, Shimano, etc.

Market Taxonomy

By Class

• Class-I
• Class-II
• Class-III

By Speed

• Up to 25 km/h
• 25-45 km/h

By Battery Type

• Lithium-ion
• Lithium-ion Polymer
• Lead Acid
• Nickel-Metal Hydride (NiMH)

By Motor Type

• Hub
• Mid

By Mode

• Pedal Assist
• Throttle

By Component

• Batteries
• Electric Motors
• Frames With Forks
• Wheels
• Crank Gears
• Brake Systems
• Motor Controller

By Usage

• Mountain
• Trekking
• City/Urban
• Cargo
• Others

By Ownership

• Shared
• Personal

By Design

• Foldable
• Non-Foldable

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa