North America E-bike Market 2022-2028

North America E-bike Market 2022-2028

MARKET OUTLOOK

According to Triton Market Research, the market for e-bike in North America is anticipated to grow with a CAGR of 10.34% in the forecasted period from 2022 to 2028. The United States and Canada together form the market in this region.

To increase sales of e-bikes in the United States, retailers are focusing on older but active users. As of 2016, people in the age group of 52 to 70 years accounted for nearly 25% of Americans. Though many of them enjoy cycling, they cannot ride a bicycle due to health-related issues, such as exercise-induced asthma or knee & joint pain.

Therefore, to cater to this potential customer base and increase product sales, retailers are citing the benefits of electric bikes. This includes ease of pedaling, limited efforts required to propel the bike forward, less heart stress during a ride, and a reduced likelihood of sudden spikes while navigating elevated or uneven terrains.

Electric bikes are now being preferred as a new mode of transportation in different places across Canada, such as British Columbia and Toronto. Therefore, new rules are being implemented and infrastructure is also being developed to aid increased adoption of these vehicles. For instance, under the Transportation 2040 Plan, the city of Vancouver recognized electric-assist bicycles as a growing transport mode owing to their various benefits. Such initiatives support the growth of the market in Canada.

COMPETITIVE OUTLOOK

QWIC, Samsung SDI Co Ltd, Riese & Müller, Stromer, Accell Group, Brose Fahrzeugteile SE & Co KG, Shimano Inc, Yadea Group Holdings Ltd, BMZ GmbH, Giant Manufacturing Co Ltd, NIU International, Vanmoof are some of the notable players in the e-bike market.


1. North America E-bike Market – Summary
2. Industry Outlook
2.1. Key Insights
2.1.1. Increased Investments In Bicycling Infrastructure & Battery Technology
2.1.2. Growing Affordability Due To The E-bike Sharing System
2.1.3. Cycling As A Fitness Trend Is On The Rise
2.2. Impact Of Covid-19 On The E-bike Market
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Suppliers
2.3.4. Bargaining Power Of Buyers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Contracts & Partnerships
2.6.2. Business Expansions & Divestitures
2.6.3. Acquisitions & Mergers
2.6.4. New Product Launches & Investments
2.7. Market Drivers
2.7.1. Increased Demand For Eco-friendly Transportation
2.7.2. Favorable Government Incentives
2.7.3. Increased Preference For E-bikes
2.8. Market Challenges
2.8.1. High Cost Of E-bikes And Product Recalls
2.8.2. Problems Related To Distribution
2.9. Market Opportunities
2.9.1. Increased Usage Of E-bikes For Delivery Services
2.9.2. E-bikes As A Solution To Rising Fuel Prices
3. North America E-bike Market – By Product
3.1. Pedelecs
3.2. Throttle On Demand
3.3. Scooters
3.4. Motorcycles
4. North America E-bike Market – By Drive Mechanism
4.1. Hub Motor
4.2. Mid-drive
5. North America E-bike Market – By Application
5.1. City/Urban
5.2. Trekking
5.3. Cargo
6. North America E-bike Market – By Battery
6.1. Lithium-ion
6.2. Lead-acid
7. North America E-bike Market – By Power
7.1. Less Than & Equal To 250 W
7.2. Above 250 W
8. North America E-bike Market – Country Outlook
8.1. North America
8.1.1. Top 5 Players In North America
8.1.2. Country Analysis
8.1.2.1. The United States
8.1.2.1.1. Regulations & Incentives For The E-bike Market In The United States
8.1.2.2. Canada
8.1.2.2.1. Regulations & Incentives For The E-bike Market In Canada
9. Competitive Landscape
9.1. Accell Group
9.2. Bmz Gmbh
9.3. Brose Fahrzeugteile Se & Co Kg
9.4. Derby Cycle
9.5. Fuji-ta Bicycle Co Ltd
9.6. Giant Manufacturing Co Ltd
9.7. Jiangsu Xinri E-vehicle Co Ltd
9.8. Lg Chem
9.9. Panasonic Corporation
9.10. Robert Bosch Gmbh
9.11. Samsung Sdi Co Ltd
9.12. Shimano Inc
9.13. Golden Wheel Group
9.14. Trek Bicycle Corporation
9.15. Qwic
9.16. Vanmoof
9.17. Stromer
9.18. Riese & Müller
9.19. Yadea Group Holdings Ltd
9.20. Niu International
9.21. Silence Urban Ecomobility
9.22. Hero Electric
9.23. Vmoto Limited
10. Methodology & Scope
10.1. Research Scope & Deliverables
10.2. Sources Of Data
10.3. Research Methodology
List Of Tables
Table 1: North America E-bike Market, Country Outlook, 2022-2028 (In $ Million)
Table 2: North America E-bike Market, Country Outlook, 2022-2028 (In Thousand Units)
Table 3: Market Attractiveness Index
Table 4: Vendor Scorecard
Table 5: List Of Contracts & Partnerships
Table 6: List Of Business Expansions & Divestitures
Table 7: List Of Acquisitions & Mergers
Table 8: List Of New Product Launches & Investments
Table 9: North America E-bike Market, By Product, 2022-2028 (In $ Million)
Table 10: North America E-bike Market, By Drive Mechanism, 2022-2028 (In $ Million)
Table 11: North America E-bike Market, By Application, 2022-2028 (In $ Million)
Table 12: North America E-bike Market, By Battery, 2022-2028 (In $ Million)
Table 13: North America E-bike Market, By Power, 2022-2028 (In $ Million)
Table 14: Top 5 Players In North America
Table 15: North America E-bike Market, Country Outlook, 2022-2028 (In $ Million)
Table 16: North America E-bike Market, Country Outlook, 2022-2028 (In Thousand Units)
List Of Figures
Figure 1: Porter’s Five Forces Analysis
Figure 2: North America E-bike Market, By Product, 2021 (Average Price: $/Unit)
Figure 3: North America E-bike Market, By Product, 2021 & 2028 (In %)
Figure 4: North America E-bike Market, By Pedelecs, 2022-2028 (In $ Million)
Figure 5: North America E-bike Market, By Throttle On Demand, 2022-2028 (In $ Million)
Figure 6: North America E-bike Market, By Scooters, 2022-2028 (In $ Million)
Figure 7: North America E-bike Market, By Motorcycles, 2022-2028 (In $ Million)
Figure 8: North America E-bike Market, By Drive Mechanism, 2021 & 2028 (In %)
Figure 9: North America E-bike Market, By Hub Motor, 2022-2028 (In $ Million)
Figure 10: North America E-bike Market, By Mid-drive, 2022-2028 (In $ Million)
Figure 11: North America E-bike Market, By Application, 2021 & 2028 (In %)
Figure 12: North America E-bike Market, By City/Urban, 2022-2028 (In $ Million)
Figure 13: North America E-bike Market, By Trekking, 2022-2028 (In $ Million)
Figure 14: North America E-bike Market, By Cargo, 2022-2028 (In $ Million)
Figure 15: North America E-bike Market, By Battery, 2021 & 2028 (In %)
Figure 16: North America E-bike Market, By Lithium-ion, 2022-2028 (In $ Million)
Figure 17: North America E-bike Market, By Lead Acid, 2022-2028 (In $ Million)
Figure 18: North America E-bike Market, By Power, 2021 & 2028 (In %)
Figure 19: North America E-bike Market, By Less Than & Equal To 250 W, 2022-2028 (In $ Million)
Figure 20: North America E-bike Market, By Above 250 W, 2022-2028 (In $ Million)
Figure 21: The United States E-bike Market 2022-2028 (In $ Million)
Figure 22: Canada E-bike Market 2022-2028 (In $ Million)

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