Middle East and Africa Electric Bike (E-Bike) Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, CAGR 8.90%, Opportunities and Forecast by 2029

 Middle East and Africa Electric Bike (E-Bike) Market document is an accurate study of the This industry which gives estimations about new triumphs that will be made in the Market in 2023-2030. It also explains what the market definition, classifications, applications, engagements, and global industry trends are. In this large scale market report, all the company profiles of the major players and brands are covered extensively. The report exhibits important product developments and tracks recent acquisitions, mergers and research in the ABC industry by the key players. The market drivers and restraints have been described thoroughly using SWOT analysis in the first class Middle East and Africa Electric Bike (E-Bike) report.

The comprehensive Middle East and Africa Electric Bike (E-Bike) market report enriches with historic data, present market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. The forecast, analysis and estimations that are carried out in this industry analysis report are all based upon the finest and well established tools and techniques such as SWOT analysis and Porter's Five Forces analysis. The market report also measures market drivers, market restraints, challenges, opportunities and key developments in the market. Competitive intelligence covered in the consistent Middle East and Africa Electric Bike (E-Bike) report is another very important aspect that assists businesses thrive in the market. 

Middle East and Africa Electric Bike (E-Bike) Market was valued at USD 822.22 million in 2021 and is expected to reach USD 1705.82 million by 2029, registering a CAGR of 8.90% during the forecast period of 2022-2029. Lithium-Ion accounts for the largest battery type segment in the respective market owing to the as these batteries are batteries are smaller in size, long-lasting. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Key Players Mentioned in the Middle East and Africa Electric Bike (E-Bike) Market Research Report:

Accell Group (Netherlands)
Derby Cycle (Germany)
JIANGSU XINRI E-VEHICLE CO.,LTD. (China)
Karbon Kinetics Ltd (UK)
ITALJET SPA (Italy)
Riese & Müller GmbH (Germany)
M1-Sporttechnik (Germany)
I.V. E. Bianchi S.p.A. (Italy)
Kawasaki Motors Corp., U.S.A. (US)
WUXI YADEA EXPORT-IMPORT CO.,LTD. (China)
Giant Bicycles (Taiwan)
Trek Bicycle Corporation (US)
myStromer AG (Switzerland)
Specialized Bicycle Components, Inc.(US)

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Middle East and Africa Electric Bike (E-Bike) Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Government Initiatives

The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of electric bike (e-bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.

Consumer Inclination towards Electric bikes

The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.

Tourism Sector

Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (e-bike) market.

The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.

Opportunities

Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of e-bike market.

Based on Middle East and Africa Electric Bike (E-Bike) Market Segmentations

Battery Type

Lithium-Ion

Lithium-Ion Polymer

Nickel Metal Hydride

Lead Acid

Sealed Lead Acid

Others

 

Hub Motor Location

Mid Drive Hub Motor

Rear Hub Motor

Front Hub Motor

 

Mode

Pedal Assist

Throttle

 

Battery Power

Under 750 W

Over 750 W

 

Class

Class I (Pedal Assist/Pedelec)

Class II (Throttle)

Class III (Speed Pedelec)

 

Usage

City/Urban

Cruise

Mountain/Trekking Bikes

Racing, Cargo

Others

 

Global  Middle East and Africa Electric Bike (E-Bike) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Recent Developments

In February 2020, Specialized Bicycle Components, Inc. announced the launch of Turbo Levo SL. The new model comes under the mountain usage category and offer light weight built and comes with 29 inch wheel and weighs 9 pounds less than other turbo e-bikes. The new product increased the product portfolio of the company.

In June 2019, Giant Bicycles announced the launch of FastRoad E+ EX Pro E-bike. The new electric bike came in with new motor and battery packs and offered faster commuting in the city streets. The new product increased the product portfolio of the company.

Benefits:

This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
The individual market revenue of the major countries in each area is mapped.
The research examines the Middle East and Africa Electric Bike (E-Bike) market circumstances on a regional and country-by-country basis.
The Middle East and Africa Electric Bike (E-Bike) market's major participants have been identified.
To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
An in-depth analysis of the Middle East and Africa Electric Bike (E-Bike) market's segmentation within the market has been offered, which is predicted to aid in the current market opportunities.

Table of Contents

Part 01: Executive Summary
Part 02: Scope of the Middle East and Africa Electric Bike (E-Bike) Market Report
Part 03: Middle East and Africa Electric Bike (E-Bike) Market Landscape
Part 04: Middle East and Africa Electric Bike (E-Bike) Market Sizing
Part 05: Middle East and Africa Electric Bike (E-Bike) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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