Electric Bike (E-Bike) Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, CAGR 10.30%, Opportunities and Forecast by 2029

Data Bridge Market Research analyses that the electric bike (e-bike) market was valued at USD 47 billion in 2021 and is expected to reach USD 102.97 billion by 2029, registering a CAGR of 10.30% during the forecast period of 2022 to 2029.

The comprehensive industry research on " Electric Bike (E-Bike) Market " published by Data Bridge Market research includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. The credible Global Electric Bike (E-Bike) Market report offers actionable market insights with which businesses can make out sustainable and lucrative strategies. Not to mention, the report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses in deciding upon several strategies. Porter's Five Forces analysis has been performed while formulating this market document along with many other standard steps of researching, analyzing, and collecting data. Additionally, key players, major collaborations, mergers, acquisitions, trending innovations,s and business policies are also re-evaluated in the Electric Bike (E-Bike) Market report. It becomes easy to figure out brand awareness and insight about the brand and product among potential customers.

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Key Players Mentioned in the Electric Bike (E-Bike) Market Research Report:

Accell Group (Netherlands), Merida Industry Co., Ltd. (Taiwan), Giant Bicycles (Taiwan), Yamaha Motor Corporation (Japan), Derby Cycle (Germany), JIANGSU XINRI E-VEHICLE CO.,LTD. (China), AIMA TECHNOLOGY CO.,LTD (China), Karbon Kinetics Ltd (UK), Solex Cycle North America Inc. (Canada), ITALJET SPA (Italy), GenZe (US), A2B (London), Amego Electric Vehicles Inc. (Canada), Pedego Electric Bikes (US), Riese & Müller GmbH (Germany), Sporttechnik GmbH & Co. KG (Germany), F.I.V. E. Bianchi S.p.A. (Italy), Kawasaki Motors Corp. (USA), Trek Bicycle Corporation (US), myStromer AG (Switzerland), Specialized Bicycle Components, Inc. (US)

The report provides an excellent overview of the main macroeconomic factors having a significant impact on the growth of the Electric Bike (E-Bike) market. It also provides the absolute dollar opportunity analysis which can be crucial in identifying revenue generation and sales increasing opportunities in the Electric Bike (E-Bike) market. Market players can use the qualitative and quantitative analysis provided in the report to get a good understanding of the Electric Bike (E-Bike) market and make strong strides in the industry in terms of growth. The overall Electric Bike (E-Bike) market size and that of each segment studied in the report are accurately calculated based on various factors.

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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:

Drivers

The rising adoption rate of shared micro-mobility.

The upsurge in adoption rate of shared micro-mobility will propel the growth rate of electric bike (e-bike) market. Shared micro mobility is part of the public transportation ecology. As a flexible transportation option with low operating costs and overhead, shared electric micro-mobility can augment higher-volume fixed-route transit systems by providing mobility services for multiple journeys at a lower per-traveller cost.

Strict government rules and regulations

Growing environment concerns

In order to create a better and greener environment, various governments around the world are supporting More and more governments throughout the world are fostering the growth of the e-bike market by circumventing tough automobile emissions standards. The goal is to clean the air by minimizing the number of harmful particles emitted by cars.

safer and cleaner modes of transportation. Many governments have responded by enacting legislation that encourages and rewards frequent e-bike riders.

Furthermore, rising urbanization and increasing level of disposable income will drive market value growth. Also, increasing government support and initiatives to increase the sale of e-bike will cushion the growth rate of electric bike (e-bike) market.

Opportunities

Emerging trend of connected e-bike

The surging trend of connected e-bike will boost new market opportunities for the market's growth rate. Technological breakthroughs in the field of e-bikes have been made in response to the increased demand for e-bikes. Connected e-bike is an illustration of technological advancement. It uses SIM module to send as well as receive data to and from the cloud without the use of smartphone.

Moreover, the development of lightweight electrical energy storage systems and emerging new markets will influence the market's growth rate and further boost beneficial opportunities in coming years.

Based on Electric Bike (E-Bike) Market Segmentations

Battery Type

Lithium-Ion

Lithium-Ion Polymer

Nickel Metal Hydride

Lead Acid

Sealed Lead Acid

Others

On the basis of battery type, the electric bike (e-bike) market is segmented into lithium-ion, lithium-ion polymer, nickel metal hydride, lead acid, sealed lead acid, and others.

Hub Motor Location

Mid Drive Hub Motor

Rear Hub Motor

Front Hub Motor

On the basis of hub motor location, the electric bike (e-bike) market is segmented into mid drive hub motor, rear hub motor, and front hub motor.

Mode

Pedal Assist

Throttle

On the basis of mode, the electric bike (e-bike) market is segmented into pedal assist, and throttle.

Battery Power

Under 750W

Over 750W

On the basis of battery power, the electric bike (e-bike) market is segmented into under 750 W, and over 750 W.

Class

Class I (Pedal Assist/Pedelec)

Class II (Throttle)

Class III (Speed Pedelec)

On the basis of class, the electric bike (e-bike) market is segmented into class I (pedal assist/pedelec), class II (throttle), and class III (speed pedelec).

Usage

City/Urban

Cruise

Mountain/Trekking Bikes

Racing

Cargo

Others

Global  Electric Bike (E-Bike) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2023-2029):
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.)

Recent Development

In March 2021, Cannondale had announced the launch of Adventure Neo range of commuter e-bikes. There are four variants in the Adventure Neo range, each with an alloy frame, step-through construction, and Bosch driving system with a battery ranging from 400 to 625Wh.

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.

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The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.

 Electric Bike (E-Bike) Market : Key Questions Answered in the Report

-How has the rapidly evolving business environment become an important growth engine for the  Electric Bike (E-Bike) market?
-What are the underlying macroeconomic factors that impact the growth of the  Electric Bike (E-Bike) market?
-What are the key trends that constantly shape the growth of the  Electric Bike (E-Bike) market?
-What are the prominent regions that offer abundant opportunities for the  Electric Bike (E-Bike) market?
-What are the key differential strategies adopted by key players to control a significant part of the global market share?

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 Electric Bike (E-Bike) market circumstances on a regional and country-by-country basis.
The 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 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 Electric Bike (E-Bike) Market Report
Part 03: Electric Bike (E-Bike) Market Landscape
Part 04: Electric Bike (E-Bike) Market Sizing
Part 05: 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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