GLOBAL E-BIKE MARKET 2022-2028

 

 

TABLE OF CONTENTS

1. GLOBAL 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. GLOBAL E-BIKE MARKET – BY PRODUCT

3.1. PEDELECS

3.2. THROTTLE ON DEMAND

3.3. SCOOTERS

3.4. MOTORCYCLES

4. GLOBAL E-BIKE MARKET – BY DRIVE MECHANISM

4.1. HUB MOTOR

4.2. MID-DRIVE

5. GLOBAL E-BIKE MARKET – BY APPLICATION

5.1. CITY/URBAN

5.2. TREKKING

5.3. CARGO

6. GLOBAL E-BIKE MARKET – BY BATTERY

6.1. LITHIUM-ION

6.2. LEAD-ACID

7. GLOBAL E-BIKE MARKET – BY POWER

7.1. LESS THAN & EQUAL TO 250 W

7.2. ABOVE 250 W

8. GLOBAL E-BIKE MARKET – REGIONAL OUTLOOK

8.1. NORTH AMERICA

8.1.1. MARKET BY PRODUCT

8.1.2. MARKET BY DRIVE MECHANISM

8.1.3. MARKET BY APPLICATION

8.1.4. MARKET BY BATTERY

8.1.5. MARKET BY POWER

8.1.6. TOP 5 PLAYERS IN NORTH AMERICA

8.1.7. COUNTRY ANALYSIS

8.1.7.1. THE UNITED STATES

8.1.7.1.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN THE UNITED STATES

8.1.7.2. CANADA

8.1.7.2.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN CANADA

8.2. EUROPE

8.2.1. MARKET BY PRODUCT

8.2.2. MARKET BY DRIVE MECHANISM

8.2.3. MARKET BY APPLICATION

8.2.4. MARKET BY BATTERY

8.2.5. MARKET BY POWER

8.2.6. TOP 5 PLAYERS IN EUROPE

8.2.7. COUNTRY ANALYSIS

8.2.7.1. THE UNITED KINGDOM

8.2.7.1.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN THE UNITED KINGDOM

8.2.7.2. GERMANY

8.2.7.2.1. REGULATIONS FOR THE E-BIKE MARKET IN GERMANY

8.2.7.3. FRANCE

8.2.7.3.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN FRANCE

8.2.7.4. ITALY

8.2.7.4.1. INCENTIVES FOR THE E-BIKE MARKET IN ITALY

8.2.7.5. SPAIN

8.2.7.5.1. INVESTMENTS & INCENTIVES FOR THE E-BIKE MARKET IN SPAIN

8.2.7.6. BELGIUM

8.2.7.6.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN BELGIUM

8.2.7.7. THE NETHERLANDS

8.2.7.7.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN THE NETHERLANDS

8.2.7.8. REST OF EUROPE

8.3. ASIA-PACIFIC

8.3.1. MARKET BY PRODUCT

8.3.2. MARKET BY DRIVE MECHANISM

8.3.3. MARKET BY APPLICATION

8.3.4. MARKET BY BATTERY

8.3.5. MARKET BY POWER

8.3.6. TOP 5 PLAYERS IN THE ASIA-PACIFIC

8.3.7. COUNTRY ANALYSIS

8.3.7.1. CHINA

8.3.7.1.1. REGULATIONS FOR THE E-BIKE MARKET IN CHINA

8.3.7.2. JAPAN

8.3.7.2.1. REGULATIONS FOR THE E-BIKE MARKET IN JAPAN

8.3.7.3. INDIA

8.3.7.3.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN INDIA

8.3.7.4. SOUTH KOREA

8.3.7.4.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN SOUTH KOREA

8.3.7.5. INDONESIA

8.3.7.5.1. REGULATIONS FOR THE E-BIKE MARKET IN INDONESIA

8.3.7.6. THAILAND

8.3.7.6.1. INCENTIVES FOR THE E-BIKE MARKET IN THAILAND

8.3.7.7. VIETNAM

8.3.7.7.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN VIETNAM

8.3.7.8. AUSTRALIA & NEW ZEALAND

8.3.7.8.1. REGULATIONS & INCENTIVES FOR THE E-BIKE MARKET IN AUSTRALIA & NEW ZEALAND

8.3.7.9. REST OF ASIA-PACIFIC

8.4. LATIN AMERICA

8.5. MIDDLE EAST AND AFRICA

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: GLOBAL E-BIKE MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: GLOBAL E-BIKE MARKET, REGIONAL 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: GLOBAL E-BIKE MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)

TABLE 10: GLOBAL E-BIKE MARKET, BY DRIVE MECHANISM, 2022-2028 (IN $ MILLION)

TABLE 11: GLOBAL E-BIKE MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 12: GLOBAL E-BIKE MARKET, BY BATTERY, 2022-2028 (IN $ MILLION)

TABLE 13: GLOBAL E-BIKE MARKET, BY POWER, 2022-2028 (IN $ MILLION)

TABLE 14: GLOBAL E-BIKE MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 15: GLOBAL E-BIKE MARKET, REGIONAL OUTLOOK, 2022-2028 (IN THOUSAND UNITS)

TABLE 16: NORTH AMERICA E-BIKE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 17: NORTH AMERICA E-BIKE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN THOUSAND UNITS)

TABLE 18: NORTH AMERICA E-BIKE MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)

TABLE 19: NORTH AMERICA E-BIKE MARKET, BY DRIVE MECHANISM, 2022-2028 (IN $ MILLION)

TABLE 20: NORTH AMERICA E-BIKE MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 21: NORTH AMERICA E-BIKE MARKET, BY BATTERY, 2022-2028 (IN $ MILLION)

TABLE 22: NORTH AMERICA E-BIKE MARKET, BY POWER, 2022-2028 (IN $ MILLION)

TABLE 23: TOP 5 PLAYERS IN NORTH AMERICA

TABLE 24: REGULATIONS FOR THE E-BIKE MARKET IN THE UNITED STATES

TABLE 25: ACTIVE INCENTIVES FOR THE E-BIKE MARKET IN THE UNITED STATES

TABLE 26: REGULATIONS FOR THE E-BIKE MARKET IN CANADA

TABLE 27: ACTIVE INCENTIVES FOR THE E-BIKE MARKET IN CANADA

TABLE 28: EUROPE E-BIKE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 29: EUROPE E-BIKE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN THOUSAND UNITS)

TABLE 30: EUROPE E-BIKE MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)

TABLE 31: EUROPE E-BIKE MARKET, BY DRIVE MECHANISM, 2022-2028 (IN $ MILLION)

TABLE 32: EUROPE E-BIKE MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 33: EUROPE E-BIKE MARKET, BY BATTERY, 2022-2028 (IN $ MILLION)

TABLE 34: EUROPE E-BIKE MARKET, BY POWER, 2022-2028 (IN $ MILLION)

TABLE 35: TOP 5 PLAYERS IN EUROPE

TABLE 36: ASIA-PACIFIC E-BIKE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 37: ASIA-PACIFIC E-BIKE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN THOUSAND UNITS)

TABLE 38: ASIA-PACIFIC E-BIKE MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)

TABLE 39: ASIA-PACIFIC E-BIKE MARKET, BY DRIVE MECHANISM, 2022-2028 (IN $ MILLION)

TABLE 40: ASIA-PACIFIC E-BIKE MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)

TABLE 41: ASIA-PACIFIC E-BIKE MARKET, BY BATTERY, 2022-2028 (IN $ MILLION)

TABLE 42: ASIA-PACIFIC E-BIKE MARKET, BY POWER, 2022-2028 (IN $ MILLION)

TABLE 43: TOP 5 PLAYERS IN THE ASIA-PACIFIC

TABLE 44: ARAI REGULATIONS FOR BATTERY-OPERATED VEHICLES

TABLE 45: STATEWISE INCENTIVES FOR ELECTRIC TWO-WHEELERS IN INDIA

 

 

LIST OF FIGURES

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: GLOBAL E-BIKE MARKET, BY PRODUCT, 2021 (AVERAGE PRICE: $/UNIT)

FIGURE 3: GLOBAL E-BIKE MARKET, BY PRODUCT, 2021 & 2028 (IN %)

FIGURE 4: GLOBAL E-BIKE MARKET, BY PEDELECS, 2022-2028 (IN $ MILLION)

FIGURE 5: GLOBAL E-BIKE MARKET, BY THROTTLE ON DEMAND, 2022-2028 (IN $ MILLION)

FIGURE 6: GLOBAL E-BIKE MARKET, BY SCOOTERS, 2022-2028 (IN $ MILLION)

FIGURE 7: GLOBAL E-BIKE MARKET, BY MOTORCYCLES, 2022-2028 (IN $ MILLION)

FIGURE 8: GLOBAL E-BIKE MARKET, BY DRIVE MECHANISM, 2021 & 2028 (IN %)

FIGURE 9: GLOBAL E-BIKE MARKET, BY HUB MOTOR, 2022-2028 (IN $ MILLION)

FIGURE 10: GLOBAL E-BIKE MARKET, BY MID-DRIVE, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL E-BIKE MARKET, BY APPLICATION, 2021 & 2028 (IN %)

FIGURE 12: GLOBAL E-BIKE MARKET, BY CITY/URBAN, 2022-2028 (IN $ MILLION)

FIGURE 13: GLOBAL E-BIKE MARKET, BY TREKKING, 2022-2028 (IN $ MILLION)

FIGURE 14: GLOBAL E-BIKE MARKET, BY CARGO, 2022-2028 (IN $ MILLION)

FIGURE 15: GLOBAL E-BIKE MARKET, BY BATTERY, 2021 & 2028 (IN %)

FIGURE 16: GLOBAL E-BIKE MARKET, BY LITHIUM-ION, 2022-2028 (IN $ MILLION)

FIGURE 17: GLOBAL E-BIKE MARKET, BY LEAD-ACID, 2022-2028 (IN $ MILLION)

FIGURE 18: GLOBAL E-BIKE MARKET, BY POWER, 2021 & 2028 (IN %)

FIGURE 19: GLOBAL E-BIKE MARKET, BY LESS THAN & EQUAL TO 250 W, 2022-2028 (IN $ MILLION)

FIGURE 20: GLOBAL 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)

FIGURE 23: THE UNITED KINGDOM E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: GERMANY E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: FRANCE E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: ITALY E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: SPAIN E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: BELGIUM E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: THE NETHERLANDS E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: CHINA E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: JAPAN E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: INDIA E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: SOUTH KOREA E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: INDONESIA E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: THAILAND E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: VIETNAM E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: AUSTRALIA & NEW ZEALAND E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: REST OF ASIA-PACIFIC E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: LATIN AMERICA E-BIKE MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: MIDDLE EAST AND AFRICA E-BIKE MARKET 2022-2028 (IN $ MILLION)

 

 

 

 

MARKET OUTLOOK

Triton Market Research, in its report, states that the global e-bike market would register growth at a CAGR of 10.12% in the forecasted duration from 2022 to 2028. 

Factors such as favorable incentives by the government to promote e-bikes, increased demand for eco-friendly transportation, and a growing number of people preferring e-bikes are boosting the growth of the market.

However, their high cost, an increasing number of product recalls in recent times, and problems related to distribution are likely to hamper this progress.

On the other hand, the increased usage of electric bikes for delivery services has created a growth opportunity for the market. Also, with the rise in fuel prices, e-bikes have emerged as an efficient solution. This is expected to aid the market reach the projected growth.

 

Get more Insights into the Global E-bike Market:

 

https://www.tritonmarketresearch.com/reports/e-bike-market

 

REGIONAL OUTLOOK

The global market for e-bike spans across the Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa. 

The Asia-Pacific accounts for the largest share of the e-bike market, globally. The users in this region are increasingly preferring electric bikes over conventional transportation modes, as they are eco-friendly, lightweight, cost-effective, and require less power.

Also, a rise in supportive government initiatives for environment-friendly vehicles and bikes is expected to add to the market’s growth. A matter of concern, though, is the lack of a well-developed transport infrastructure, such as separate lanes for bikers and cycle stands, to accommodate their vehicles.

 

COMPETITIVE OUTLOOK

The leading companies profiled in the e-bike market report include Robert Bosch GmbH, LG Chem, Giant Manufacturing Co Ltd, Trek Bicycle Corporation, BMZ GmbH, Brose Fahrzeugteile SE & Co KG, Samsung SDI Co Ltd, Jiangsu Xinri E-Vehicle Co Ltd, Derby Cycle, Hero Electric, Accell Group, Stromer, QWIC, Yadea Group Holdings Ltd, Vmoto Limited, Shimano Inc, Golden Wheel Group, Vanmoof, Fuji-ta Bicycle Co Ltd, Silence Urban Ecomobility, Riese & Müller, NIU International, and Panasonic Corporation.

Accell Group is engaged in designing and manufacturing electric & hybrid bikes, mountain & racing bikes, and luxury bicycles. It manufactures its bikes under the Hercules, Batavus, Lapierre, Koga-Miyata, Loekie, Mercier, Winora, and Sparta brands. The group also produces bicycle accessories. Accell has a strong workforce of more than 3,400 employees. Its bikes and other related products are sold to dealers and consumers in over 80 countries, globally.

 

 

 

 

SEGMENTATION

1. ACCELL GROUP

2. BMZ GMBH

3. BROSE FAHRZEUGTEILE SE & CO KG

4. DERBY CYCLE

5. FUJI-TA BICYCLE CO LTD

6. GIANT MANUFACTURING CO LTD

7. JIANGSU XINRI E-VEHICLE CO LTD

8. LG CHEM

9. PANASONIC CORPORATION

10. ROBERT BOSCH GMBH

11. SAMSUNG SDI CO LTD

12. SHIMANO INC

13. GOLDEN WHEEL GROUP

14. TREK BICYCLE CORPORATION

15. QWIC

16. VANMOOF

17. STROMER

18. RIESE & MÜLLER

19. YADEA GROUP HOLDINGS LTD

20. NIU INTERNATIONAL

21. SILENCE URBAN ECOMOBILITY

22. HERO ELECTRIC

23. VMOTO LIMITED