The E Bike Market

E-bike is a bicycle with an incorporated mechanism known as electric motor drive and battery, which generates power for assisting propulsion. Several types of globally available e-bikes range from electric bikes with a small motor to support the pedal-power of the rider to more high-powered e-bikes which generate power to completely drive the bike using throttle. The rising popularity of cycling as an enjoyment activity is one of the major factors propelling the market growth. Cycling has various physical and mental health benefits such as better cardiovascular fitness, muscle strength and flexibility coupled with the minimized risk of stress and depression. The young population is highly opting for several adventure sports, which is offering a boost to e-bike sales. Moreover, the prospering tourism industry is another factor accelerating the growth of the market. Tourists prefer for e-bikes as a self-driving substitute to commute since they are affordable and facilitate effortless riding. The rising environmental consciousness and increasing urban air pollution have driven individuals to shift to electric vehicles such as e-bikes which have less carbon emissions and can be charged by solar power. Additionally, several product innovations such as the introduction of hydrogen-powered bikes and Smart E-Bike Monitoring System (SEMS), coupled with the surging demand for pedal assisted or pedelec bikes, are also leading towards the market growth. However, the factors such as international trade policies and regulations and government regulations & dearth of infrastructure are likely to impede the market growth.

Furthermore, as the popularity of e-bikes is increasing, there are technological advancements in the area of e-bikes. The connected e-bike is one of the major advancement, where the SIM module facilitates the e-bike to send or receive data through the cloud without a connected smartphone. Few prominent features offered by the connected e-bike are integrated navigation, automatic emergency call, social media connection, an anti-theft system and remote diagnostics. Bosch is one of the key players in the e-bike market, providing connected e-bike solution.

The global E-Bike Market is segregated on the basis of Product as Pedelecs, Speed Pedelecs, Throttle on Demand and Scooter or motorcycle. Based on Drive Mechanism the global E-Bike Market is segmented in Hub motor, Mid-drive and Others. Based on Battery Type the global E-Bike Market is segmented in Lead acid, Lithium ion (Li-ion) and Others.

The global E-Bike Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The E-Bike Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others. 

Competitive Analysis

Robert Bosch GmbH, Accell Group N.V., Giant Manufacturing Co., Ltd., Derby Cycle Holding GmbH, Jiangsu Xinri E-Vehicle Co. Ltd and others are among the major players in the global E-Bike Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In October 2020, in Boca Raton, Florida, the Pedego Electric Bikes inaugurated a Pedego Electric Bikes store, which provides a full range of e-Bike sales, rentals, services and accessories.
• In October 2020, Giant Manufacturing introduced the new Trance X Advanced Pro 29, a full-composite trail bike with upgraded Maestro back suspension and a new flip-chip feature which enables riders to adjust frame geometry.
• In September 2020, Sparta a division of Accell Group N.V. based in Heerenveen introduced d-Burst, a powerful new speed pedelec. Sparta is emphasizing on a complete new target group through the introduction of its d-series (distance series), namely, commuters cycling amidst their home and workplace. The d-Burst pedelec is available in both as e-Bike and as speed pedelec with a full capacity of no less than 1125 Wh.
• In November 2019, Pon.Bike acquired the Urban Arrow a Dutch e-cargo bike brand for an undisclosed amount.
• In January 2018, Trek Bicycle Corporation made a partnership with Tome and Ford's a software company for safety cycling. The partnership is intended to develop an AI-based Bicycle-to-Vehicle (B2V) communication system. This will assist riders to get safety alerts.

The global E-Bike Market has been segmented as below:

E-Bike Market, By Product

• Pedelecs
• Speed Pedelecs
• Throttle on Demand
• Scooter or motorcycle

E-Bike Market, By Drive Mechanism

• Hub motor
• Mid-drive
• Others

E-Bike Market, By Battery Type

• Lead acid
• Lithium ion (Li-ion)
• Others

E-Bike Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

E-Bike Market, By Company

• Robert Bosch GmbH
• Accell Group N.V.
• Giant Manufacturing Co., Ltd.
• Derby Cycle Holding GmbH
• Jiangsu Xinri E-Vehicle Co. Ltd
• Panasonic Corp.
• Bionx International Corporation
• Mahindra & Mahindra Ltd.
• Samsung SDI Co., Ltd.
• Prodeco Technologies Llc
• Tianjin Golden Wheel Group Co., Ltd.
• Trek Bicycle Corporation
• Yamaha Motor Co. Ltd.
• Bmz GmbH
• Brose Fahrzeugteile Se & Co Kg
• Fuji-Ta Bicycle Co Ltd
• LG Chem
• Shimano Inc
• Golden Wheel Group
• Vanmoof
• Stromer
• Riese & Müller
• Yadea Group Holdings Ltd
• Hero Electric
•  Vmoto Limited
  

The report covers the below scope:

• Global E-Bike Market sizes from 2020 to 2025, along with CAGR for 2020-2025
• Market size comparison for 2019 vs 2025, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2025
• Global E-Bike Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global E-Bike Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global E-Bike Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global E-Bike Market share. Major industry players with significant revenue share include Robert Bosch GmbH, Accell Group N.V., Giant Manufacturing Co., Ltd., Derby Cycle Holding GmbH, Jiangsu Xinri E-Vehicle Co. Ltd, Panasonic Corp., Bionx International Corporation and others.

Why to Buy this Report:

• Gain detailed insights on the E-Bike industry trends
• Find complete analysis on the market status
• Identify the E-Bike Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     E-Bike Market, By Product

5.1.      Key Points

5.2.  Pedelecs

5.3.  Speed Pedelecs

5.4.  Throttle on Demand

5.5.  Scooter or motorcycle

6.    E-Bike Market, By Drive Mechanism

6.1.      Key Points

6.2. Hub motor

6.3. Mid-drive

6.4. Others

7.     E-Bike Market, By Battery Type

7.1.      Key Points

7.2.  Lead acid

7.3.  Lithium ion (Li-ion)

7.4.  Others

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- E-Bike Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  Robert Bosch GmbH

9.2. Accell Group N.V.

9.3. Giant Manufacturing Co., Ltd.

9.4. Derby Cycle Holding GmbH

9.5.  Jiangsu Xinri E-Vehicle Co. Ltd

9.6. Panasonic Corp.

9.7.  Bionx International Corporation

9.8. Mahindra & Mahindra Ltd.

9.9. Samsung SDI Co., Ltd.

9.10.    Prodeco Technologies Llc

9.11.      Tianjin Golden Wheel Group Co., Ltd.

9.12.    Trek Bicycle Corporation

9.13.     Yamaha Motor Co. Ltd.

9.14.    Bmz GmbH

9.15.    Brose Fahrzeugteile Se & Co Kg

9.16.    Fuji-Ta Bicycle Co Ltd

9.17.   LG Chem

9.18.    Shimano Inc

9.19.   Golden Wheel Group

9.20.   Vanmoof

9.21.    Stromer

9.22.    Riese & Müller

9.23.    Yadea Group Holdings Ltd