Press release
What's driving Electric Bikese-Bikes Market Growth? Top Players: Accell Group N.V., Robert Bosch GmbH, Derby Cycle Holding GmbH, Giant Manufacturing Company Ltd., and Panasonic Corp
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Global electric bikes market is expected to grow to USD 26 billion by 2026, at a CAGR of 7.1% during the forecast period according to a study.
The global e-bikes market is driven by many significant parameters such as consumer awareness concerning less air & sound pollution. Some other favorable factors include increasing government incentives on the purchases, alternative to fuel-operative vehicles with the increasing fuel prices, and technological developments in the designing of electric vehicles. Rising purchasing power of the customers in tandem with the increase in disposable income and more knowledge towards health consciousness have spurred the demand of the e-bikes. The number of consumers contributing towards fuel efficiency is also increasing steadily in many parts of the world where they use eco-friendly alternatives such as electric bikes for transportation.
Increase in the awareness of consumers concerning travel modes that alleviate pollution and transportation woes has been a major parameter for the growth of electrical bikes. Initially bikes with electric assist may have been foreign concepts, but now as the consumers become more familiar with these technologies, they are spreading fast across the world's most crowded cities. Technological advancement in the field is another crucial factor for the growth of this industry. Extensive research & development activities to improvise the products as per the consumer demand and growing modernization is an important consideration by the market players in this field. Some of the improvisations that have lately been worked upon by the companies include making use of alternative raw materials and reduction of the overall product weight.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Electric Bikes or e-Bikes Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape and Key Vendors
Asia Pacific is expected to be the major and the fastest growing regional market for the e-bikes. India and China are the major contributors towards the growth of this regional market. This is on account of their large population, increasing consumer purchasing power for the modernized products, and stronger government incentives. The global electric bike market is moderately competitive and consolidated on account of presence of some large-scale market players. Some of the major industry players for e-bike market include Accell Group N.V., Robert Bosch GmbH, Derby Cycle Holding GmbH, Giant Manufacturing Company Ltd., and Panasonic Corp.
Key Segments Outlook
Product Type
Pedal Assist
Throttle On Demand
Speed Pedelec
Moped or Motorcycle
By Motor Type
Hub Motor
Front Hub
Rear Hub
Mid Drive
Battery Type
Rock Mount Battery
Down Tube Battery
Region
North America
U.S.
Canada
Europe
Germany
UK
France
Asia-Pacific
China
India
Japan
Latin America
Brazil
Mexico
Middle East and Africa
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Table of Contents
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Electric Bikes Market Insights
3.1. Electric bikes industry snapshot
3.2. Electric bikes technology outlook
3.3. Electric bikes market dynamics
3.3.1. Electric bikes Market driver analysis
3.3.2. Electric bikes Market restraint/challenges analysis
3.3.3. Electric bikes Market opportunity analysis
3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Electric bikes market PEST analysis, 2017
3.6. Electric bikes industry trends
3.7. Competitive company ranking analysis
4. Electric Bikes Market Size and Forecast by Product Type
4.1. Key Findings
4.2. Pedal Assist
4.2.1. Global Market Estimates and Forecasts, 2017-2026
4.3. Throttle On Demand
4.3.1. Global Market Estimates and Forecasts, 2017-2026
4.4. Speed Pedelec
4.4.1. Global Market Estimates and Forecasts, 2017-2026
4.5. Moped or Motorcycle
4.5.1. Global Market Estimates and Forecasts, 2017-2026
5. Electric Bikes Market Size and Forecast by Motor Type
5.1. Key Findings
5.2. Hub Motor
5.2.1. Global Market Estimates and Forecasts, 2017-2026
5.3. Mid Drive
5.3.1. Global Market Estimates and Forecasts, 2017-2026
6. Electric Bikes Market Size and Forecast by Battery Type
6.1. Key Findings
6.2. Rock Mount Battery
6.2.1. Global Market Estimates and Forecasts, 2017-2026
6.3. Down Tube Battery
6.3.1. Global Market Estimates and Forecasts, 2017-2026
7. Electric Bikes Market Size and Forecast by Regions
7.1. Key findings
7.2. North America
7.2.1. Electric bikes market by product type, 2017 - 2026
7.2.2. Electric bikes market by motor type, 2017 - 2026
7.2.3. Electric bikes market by battery type, 2017 - 2026
7.2.4. U.S.
7.2.4.1. Electric bikes market by product type, 2017 - 2026
7.2.4.2. Electric bikes market by motor type, 2017 - 2026
7.2.4.3. Electric bikes market by battery type, 2017 - 2026
7.2.5. Canada
7.2.5.1. Electric bikes market by product type, 2017 - 2026
7.2.5.2. Electric bikes market by motor type, 2017 - 2026
7.2.5.3. Electric bikes market by battery type, 2017 - 2026
7.3. Europe
7.3.1. Electric bikes market by product type, 2017 - 2026
7.3.2. Electric bikes market by motor type, 2017 - 2026
7.3.3. Electric bikes market by battery type, 2017 - 2026
7.3.4. Germany
7.3.4.1. Electric bikes market by product type, 2017 - 2026
7.3.4.2. Electric bikes market by motor type, 2017 - 2026
7.3.4.3. Electric bikes market by battery type, 2017 - 2026
7.3.5. UK
7.3.5.1. Electric bikes market by product type, 2017 - 2026
7.3.5.2. Electric bikes market by motor type, 2017 - 2026
7.3.5.3. Electric bikes market by battery type, 2017 - 2026
7.3.6. France
7.3.6.1. Electric bikes market by product type, 2017 - 2026
7.3.6.2. Electric bikes market by motor type, 2017 - 2026
7.3.6.3. Electric bikes market by battery type, 2017 - 2026
7.4. Asia Pacific
7.4.1. Electric bikes market by product type, 2017 - 2026
7.4.2. Electric bikes market by motor type, 2017 - 2026
7.4.3. Electric bikes market by battery type, 2017 - 2026
7.4.4. China
7.4.4.1. Electric bikes market by product type, 2017 - 2026
7.4.4.2. Electric bikes market by motor type, 2017 - 2026
7.4.4.3. Electric bikes market by battery type, 2017 - 2026
7.4.5. India
7.4.5.1. Electric bikes market by product type, 2017 - 2026
7.4.5.2. Electric bikes market by motor type, 2017 - 2026
7.4.5.3. Electric bikes market by battery type, 2017 - 2026
7.4.6. Japan
7.4.6.1. Electric bikes market by product type, 2017 - 2026
7.4.6.2. Electric bikes market by motor type, 2017 - 2026
7.4.6.3. Electric bikes market by battery type, 2017 - 2026
7.5. Latin America
7.5.1. Electric bikes market by product type, 2017 - 2026
7.5.2. Electric bikes market by motor type, 2017 - 2026
7.5.3. Electric bikes market by battery type, 2017 - 2026
7.5.4. Brazil
7.5.4.1. Electric bikes market by product type, 2017 - 2026
7.5.4.2. Electric bikes market by motor type, 2017 - 2026
7.5.4.3. Electric bikes market by battery type, 2017 - 2026
7.5.5. Mexico
7.5.5.1. Electric bikes market by product type, 2017 - 2026
7.5.5.2. Electric bikes market by motor type, 2017 - 2026
7.5.5.3. Electric bikes market by battery type, 2017 - 2026
7.6. Middle East & Africa
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