Electric Bicycles Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_0072868
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
Home Consumer Goods electric bicycles market....
  • Single User $3500
  • Multi User $4500
  • Enterprise User $5500

Market Snapshot

CAGR:6.1
2023
2032

Source: Market Expertz

RND-Favicon
Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 6.1
Consumer Goods-companies
Consumer Goods-Snapshot

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf
Download Sample Pdf

Report Overview

Electric Bicycles Market Analysis Report 2023-2032: The Electric Bicycles Market size is estimated to grow at a CAGR of 6.25% between 2022 and 2032. The market size is forecast to increase by USD 12,740.82 million. The growth of the market depends on several factors, including the rise in demand for eco-friendly transportation solutions, increasing adoption of electric mobility initiatives in urban areas, and growing awareness of the benefits of electric bicycles. An electric bicycle, also known as an e-bike, is a bicycle with an integrated electric motor that assists the rider's pedal power, making cycling easier and more efficient. It provides a sustainable and convenient means of transportation, reducing the reliance on traditional gasoline-powered vehicles and helping to combat pollution and congestion.

Electric Bicycles Market Overview Drivers One of the key factors driving the electric bicycles market growth is the increasing demand for eco-friendly transportation solutions. As environmental concerns rise, more people are seeking alternative modes of transportation that reduce their carbon footprint. Electric bicycles offer a green and sustainable option for commuting and short-distance travel. They emit zero tailpipe emissions and require less energy compared to traditional automobiles, making them an attractive choice for environmentally conscious consumers.

Moreover, the adoption of electric mobility initiatives in urban areas is contributing to market growth. Many cities are promoting electric bicycles as a clean and efficient mode of transportation to address traffic congestion and reduce air pollution. Government incentives, subsidies, and infrastructure development for electric bicycle charging stations are further driving the adoption of e-bikes in urban environments.

Trends A key trend shaping the electric bicycles market growth is the integration of advanced technology in e-bike design. Electric bicycles are becoming more sophisticated, with features like smartphone connectivity, GPS navigation, and advanced battery management systems. These technological enhancements improve the overall user experience and provide riders with valuable data and convenience. Additionally, the development of lightweight and efficient electric motors and batteries is extending the range and performance of electric bicycles, making them more appealing to a broader range of consumers.

Furthermore, the growing awareness of the health benefits of electric bicycles is positively impacting the market. E-bikes encourage physical activity and offer assisted pedaling options, making them accessible to a wider demographic, including older individuals and those with mobility issues. As people prioritize health and wellness, electric bicycles are aligning with this trend and gaining popularity.

Restraints One of the challenges hindering the electric bicycles market growth is the cost of high-quality components and batteries. While the initial purchase price of e-bikes can be relatively high due to the cost of lithium-ion batteries and electric motors, the long-term operational savings offset this expense. However, affordability remains a concern for some potential buyers, particularly in regions with lower income levels. Manufacturers and governments need to work on strategies to make electric bicycles more accessible through subsidies and financing options.

Additionally, safety concerns related to electric bicycles, such as accidents involving higher speeds and inadequate infrastructure for e-bikes, pose challenges. To address these issues, regulatory frameworks and safety standards need to be developed and enforced to ensure the safe use of electric bicycles on roads and bike lanes.

Electric Bicycles Market Segmentation By Type The electric city bikes segment is estimated to witness significant growth during the forecast period. Electric city bikes are designed for urban commuting and short-distance travel. They are equipped with features like integrated lights, fenders, racks, and comfortable seating, making them ideal for daily transportation needs in cities. The rise in urbanization and the need for convenient and sustainable mobility solutions are driving the demand for electric city bikes. These e-bikes offer an efficient and eco-friendly alternative to cars and public transportation in urban environments.

The electric mountain bikes segment is another significant application of electric bicycles. Electric mountain bikes are designed for off-road adventures and outdoor enthusiasts. They are equipped with powerful motors and robust suspension systems, providing riders with the ability to conquer challenging terrains with ease. The popularity of electric mountain biking is growing as more riders seek thrilling outdoor experiences with the assistance of electric power.

Electric Bicycles Market Segmentation By Battery Type The lithium-ion battery segment is expected to dominate the electric bicycles market during the forecast period. Lithium-ion batteries are widely used in e-bikes due to their high energy density, lightweight design, and long cycle life. These batteries provide the necessary power to electric motors, enabling efficient and reliable performance. As technology advancements continue to improve the energy density and affordability of lithium-ion batteries, they will remain the preferred choice for electric bicycles.

Regional Overview North America is estimated to contribute significantly to the growth of the global electric bicycles market during the forecast period. The region has witnessed a surge in demand for electric bicycles, driven by a growing awareness of environmental sustainability and the need for efficient urban transportation options. Major cities in North America are investing in bike-friendly infrastructure and promoting e-bikes as a clean and congestion-reducing mode of transportation. The presence of well-established e-bike manufacturers and a supportive regulatory environment further fuel the market's growth in the region.

In 2020, during the COVID-19 pandemic, the electric bicycles market experienced a boost as people sought safe and socially distanced transportation alternatives. E-bikes became a popular choice for commuting and recreational activities, contributing to market growth. The pandemic accelerated the adoption of electric bicycles, and this trend is expected to continue during the forecast period.

Electric Bicycles Market Customer Landscape The electric bicycles market industry report includes the adoption lifecycle of the market, covering from early adopters to mainstream consumers. It focuses on consumer preferences, such as range, design, and price sensitivity, to help companies tailor their product offerings and marketing strategies.

Who are the Major Electric Bicycles Market Companies? Companies in the electric bicycles market are implementing various strategies to enhance their market presence and meet the growing demand for e-bikes. These strategies include expanding their product portfolios, forming strategic partnerships, and investing in research and development to improve e-bike technology and performance.

Major electric bicycle market companies include:

  • Bosch eBike Systems
  • Giant Manufacturing Co., Ltd.
  • Accell Group N.V.
  • Trek Bicycle Corporation
  • Yamaha Motor Co., Ltd.
  • Shimano Inc.
  • BionX International Corporation
  • Panasonic Corporation
  • Derby Cycle Holding GmbH
  • GOVECS AG

These companies are at the forefront of innovation in the electric bicycles market, developing advanced e-bike models and contributing to the industry's growth.

Segment Overview The electric bicycles market report provides a comprehensive analysis of market growth by revenue at the global, regional, and country levels. It offers insights into the latest trends and growth opportunities from 2019 to 2032.

  • Type Outlook (USD Million, 2019 - 2032)
    • Electric City Bikes
    • Electric Mountain Bikes
    • Electric Hybrid Bikes
    • Electric Folding Bikes
    • Electric Cargo Bikes
  • Battery Type Outlook (USD Million, 2019 - 2032)
    • Lithium-Ion Battery
    • Lead-Acid Battery
    • Nickel-Metal Hydride (NiMH) Battery
  • Region Outlook (USD Million, 2019 - 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
      • Japan
    • South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • Rest of the Middle East & Africa

Table of Contents

Chap. 1, Definition and Segment
1.1, Definition
1.2, Segments
A, Type Segment
B, Application Segment
C, Regional Segment

Chap. 2, Executive Summary of Electric Bicycles Market

Chap. 3, Industrial Chain Analysis of Electric Bicycles Market
3.1, Industrial Chain of Electric Bicycles
3.2, Production Process of Electric Bicycles
3.3, Upstream and Cost of Electric Bicycles
A, Raw Materials Cost
B, Equipment Market
C, Labor Cost Analysis
D, Cost Structure Analysis
3.4, Distribution
A, Marketing Channel
B, Distributors/Agents
3.5, Downstream

Chap. 4, Comparison of Companies
4.1, Comprehensive Analysis of Electric Bicycles Companies
4.1.1, Business Comparison of Companies
4.1.2, Electric Bicycles Business Distribution by Companies
4.1.3, Electric Bicycles Product Comparison by Companies
4.2, Electric Bicycles Sales and Revenue by Companies
4.3, Data Details (Sales, Revenue, Price, Share, Growth Rate, Gross Margin) Analysis of Electric Bicycles by Companies
Comp. 1: Data Details (Sales, Revenue, Price, Share, Growth Rate, Gross Margin) of AIMA
Comp. 2: Data Details of Yadea
Comp. 3: Data Details of Sunra
Comp. 4: Data Details of TAILG
Comp. 5: Data Details of Lvyuan
Comp. 6: Data Details of BYVIN
Comp. 7: Data Details of Incalcu
Comp. 8: Data Details of Lvjia
Comp. 9: Data Details of Lima
Comp. 10: Data Details of Bodo
Comp. 11: Data Details of OPAI
Comp. 12: Data Details of Xiaodao Ebike
Comp. 13: Data Details of Birdie Electric
Comp. 14: Data Details of BDFSD
Comp. 15: Data Details of Gamma
Comp. 16: Data Details of Mingjia
Comp. 17: Data Details of Qianxi Vehicle
Comp. 18: Data Details of Zuboo
Comp. 19: Data Details of Lvneng
Comp. 20: Data Details of Aucma EV
Comp. 21: Data Details of Giant EV
Comp. 22: Data Details of Palla
Comp. 23: Data Details of Forever
Comp. 24: Data Details of Emmelle
Comp. 25: Data Details of Yamaha
Comp. 26: Data Details of Songi
Comp. 27: Data Details of Hero Electric
Comp. 28: Data Details of Accell Group

Chap. 5, Comparison of Types (Sales, Revenue, Share, Price, Growth)
5.1, Brush Electric Bicycle
5.2, Brushless Electric Bicycle

Chap. 6, Comparison of Applications (Sales, Share, Growth)
6.1, Application in Age <20
6.2, Application in Age 20-40
6.3, Application in Age >40

Chap. 7, Comparison of Regions (Sales, Price, Revenue, Share, Growth)
7.1, North America
7.1.1, Sub-regions of North America
7.1.2, U.S.A.
7.1.3, Canada
7.2, Europe
7.2.1 Sub-regions of Europe
7.2.2, Germany
7.2.3, U.K.
7.2.4, France
7.2.5, Italy
7.2.6, Spain
7.3, Asia Pacific
7.3.1, Sub-regions of Asia Pacific
7.3.2, China
7.3.3, India
7.3.4, Japan
7.3.5, Oceania
7.3.6, SEA
7.4, Latin America
7.4.1, Sub-regions of Latin America
7.4.2, Brazil
7.4.3, Mexico
7.5, MEA
7.5.1, Sub-regions of MEA
7.5.2, Mid-east
7.5.3, South Africa

Chap. 8, Competition and Trade Situation Analysis of Electric Bicycles Market
8.1, Competition Situation by Players
8.1.1, Market Concentration by Players
8.1.2, Mergers & Acquisitions, Expansions
8.1.3, New Entrants
8.2, Competition Situation by Regions
8.3, Trade Situation by Regions
8.3.1, Trade Data (Import and Export) of North America
8.3.2, Trade Data of Europe
8.3.3, Trade Data of Asia Pacific
8.3.4, Trade Data of Latin America
8.3.5, Trade Data of MEA

Chap. 9, Forecast of Electric Bicycles Market
9.1, Market Size Forecast
9.1.1, Opportunity
9.1.2, Restraints
9.1.3, Market Trend (Sales, Revenue)
9.2, Types Forecast (Sales, Revenue)
9.3, Application Forecast (Sales)
9.4, Regional Forecast (Sales, Revenue)

Chap. 10, Investment Analysis of Electric Bicycles Market
10.1, Investment Opportunity
10.2, Investment Calculation
10.2.1, Cost Calculation
10.2.2, Revenue Calculation
10.2.3, Economic Performance Evaluation

Chap. 11, Appendix (Free Info)
11.1, Profiles and Electric Bicycles Product Information of Key Companies
Comp. 1: (Profiles and Electric Bicycles Product Information of) AIMA
Comp. 2: Yadea
Comp. 3: Sunra
Comp. 4: TAILG
Comp. 5: Lvyuan
Comp. 6: BYVIN
Comp. 7: Incalcu
Comp. 8: Lvjia
Comp. 9: Lima
Comp. 10: Bodo
Comp. 11: OPAI
Comp. 12: Xiaodao Ebike
Comp. 13: Birdie Electric
Comp. 14: BDFSD
Comp. 15: Gamma
Comp. 16: Mingjia
Comp. 17: Qianxi Vehicle
Comp. 18: Zuboo
Comp. 19: Lvneng
Comp. 20: Aucma EV
Comp. 21: Giant EV
Comp. 22: Palla
Comp. 23: Forever
Comp. 24: Emmelle
Comp. 25: Yamaha
Comp. 26: Songi
Comp. 27: Hero Electric
Comp. 28: Accell Group
11.2, Contact Info of Related Companies
11.3, Assumptions and Research Methodology
11.4, Average Annual Exchange Rate
11.5, Global and Regional Economic Change
11.6, Global and Regional Labor Cost Index
11.7, Relevant Policy (Examples)
11.8, Relevant Patent and Technological Innovation (Examples)
11.9, Info & Data Source
11.10, Details of Abbreviated Words
11.11, Disclaimer
11.12, Author List


List of Tables and Figures

Tab. Picture of Typical Electric Bicycles
Tab. Specifications of Typical Electric Bicycles
Tab. Statistical Unit of Electric Bicycles Market in the Report
Tab. Types of Electric Bicycles (by Method One)
Tab. Applications of Electric Bicycles (by Method One)
Tab. Region Segment of Electric Bicycles
Fig. Industrial Chain of Electric Bicycles
Tab. Raw Materials of Electric Bicycles
Tab. Key Producers of Materials
Fig. Price Trend of Material 1, 2013-2018
Fig. Price Trend of Material 2, 2013-2018
Tab. Key Equipment of Electric Bicycles
Tab. Key Providers of Equipment
Tab. Pricing Range of Equipment
Tab. Depreciation Rate of Equipment
Tab. Production Cost of Electric Bicycles
Fig. Marketing Channel of Electric Bicycles
Fig. Distributors/Agents of Electric Bicycles
Fig. Downstream Users of Electric Bicycles
Tab. Comparison by Companies Basic Information
Tab. Comparison by Companies' Scales
Tab. Market Position by Companies
Tab. Electric Bicycles Share of the Companies' Total Revenue
Tab. Technology Source and R&D Status of Electric Bicycles from Different Companies
Tab. Key Series and Applications of Electric Bicycles by Companies
Tab. Plants and Sales Regions of Electric Bicycles by Companies
Tab. Pricing of Electric Bicycles by Companies
Tab. Electric Bicycles Sales by Companies, 2013-2018
Fig. Electric Bicycles Sales Share by Companies, in 2017
Tab. Electric Bicycles Revenue by Companies, 2013-2018
Fig. Electric Bicycles Revenue Share by Companies, in 2017
Tab. Electric Bicycles Average Price by Companies, 2013-2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of AIMA, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of AIMA, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of AIMA, 2013-2018
Fig. Electric Bicycles Revenue Share of AIMA by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Yadea, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Yadea, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Yadea, 2013-2018
Fig. Electric Bicycles Revenue Share of Yadea by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Sunra, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Sunra, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Sunra, 2013-2018
Fig. Electric Bicycles Revenue Share of Sunra by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of TAILG, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of TAILG, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of TAILG, 2013-2018
Fig. Electric Bicycles Revenue Share of TAILG by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Lvyuan, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Lvyuan, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Lvyuan, 2013-2018
Fig. Electric Bicycles Revenue Share of Lvyuan by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of BYVIN, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of BYVIN, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of BYVIN, 2013-2018
Fig. Electric Bicycles Revenue Share of BYVIN by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Incalcu, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Incalcu, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Incalcu, 2013-2018
Fig. Electric Bicycles Revenue Share of Incalcu by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Lvjia, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Lvjia, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Lvjia, 2013-2018
Fig. Electric Bicycles Revenue Share of Lvjia by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Lima, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Lima, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Lima, 2013-2018
Fig. Electric Bicycles Revenue Share of Lima by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Bodo, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Bodo, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Bodo, 2013-2018
Fig. Electric Bicycles Revenue Share of Bodo by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of OPAI, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of OPAI, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of OPAI, 2013-2018
Fig. Electric Bicycles Revenue Share of OPAI by Regions in 2018
Tab. Electric Bicycles Sales, Price, Revenue and Gross Margin of Xiaodao Ebike, 2013-2018
Fig. Electric Bicycles Sales and Growth Rate of Xiaodao Ebike, 2013-2018
Fig. Electric Bicycles Sales and Global Market Share of Xiaodao Ebike, 2013-2018

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now letā€™s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Personalized Business Report Tailored to Your Requirements

  • Our expert analysts collaborate directly with you to comprehend your specific needs.
  • Get data on regions, segments, competitors, and vendors of your choice.
  • Information is presented in alignment with your exact preferences and formatting.
Free Sample Report

"Find new revenue generation opportunities"