Press release
E-Bikes Market Key Players & Growth Rate and Forecasts to 2030
The global e-bikes market size was valued at USD 17.83 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.5% from 2022 to 2030.Electric bikes, also known as e-bikes, e-bicycles, pedelecs, and power-assisted (bi)cycles, are standard bicycles that are equipped with an electric motor, a battery, and a drivetrain. These bikes can be moved through pedaling or can run on rechargeable batteries. The rechargeable batteries are made up of three types: Lead Acid, Lithium-ion (Li-ion), and Nickel-metal hydride (NiMH).
The industry's ongoing technical improvements are another factor contributing to the increase in demand for e-bikes. For example, linked e-bikes include a SIM module that enables them to transmit and receive data over the cloud even when they are not connected to a smartphone. Additionally, these motorcycles come equipped with remote diagnostics, built-in navigation, anti-theft systems, social media connectivity, and automated emergency calls.
Electric bikes are a convenient, environmentally friendly, and adaptable means of transportation. Customers view them as the best alternative to smart automobiles, transportation, and scooters. Due to their compact design, they enable higher speed with little effort and provide a number of health advantages. They also assist to alleviate traffic congestion. These elements are anticipated to increase demand for e-bikes on a worldwide scale.
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Global E-Bikes Market: Major Players
Optibike
CM Partner
Ford
Yuneec
Alta
Zhejiang R&P Industry
Jinhua
Derby Cycle
Twikke
Sanyo system
Liberty
IBD
Aodi
DK
Accell Group
E-Rex
FRITZMEIER
Elio
Pedego
Toyota
Leader 96
Klever Mobility
Tonaro
BH BIKES
Honda
BMW
Global E-Bikes Market: By Types
Lead-acid
Lithium-ion (Li-ion)
Nickel-metal hydride (NiMh)
Others
Global E-Bikes Market: By Applications
Personal
Commercial
Others
Global E-Bikes Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global E-Bikes market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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