Press release
Accelerating Growth: E-Bike Market to Reach USD 121.66 Billion by 2030 with 12.3% CAGR
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐จ๐ฐ๐ญ๐กThe global e-bike market, valued at USD 52.37 billion in 2023, is projected to reach USD 118.5 billion by 2030, growing at a CAGR of 12.7% from 2024 to 2030. This remarkable growth is driven by increasing consumer demand for eco-friendly transportation, advancements in battery technology, and supportive government policies worldwide.
๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ:
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ : USD 52.37 billion in 2023, projected to reach USD 118.5 billion by 2030.
๐๐๐๐ : 12.7% over the forecast period 2024-2030.
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ : Urban e-bikes dominate, with increasing adoption of mountain and cargo e-bikes.
๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ : Rising fuel prices, urban congestion, and the growing preference for sustainable mobility solutions.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's e-bike market is experiencing robust growth, propelled by increasing urbanization and the government's push for cleaner transportation. VinFast and Giant Bicycles are among the key players contributing to market consolidation through partnerships and product launches. Recent collaborations aim to integrate advanced lithium-ion battery technology, catering to a rising consumer demand for lightweight and efficient e-bikes.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐ข๐ง๐
China continues to lead the global e-bike market, with over 60% of the market share attributed to its vast domestic production capacity. Companies like Yadea Group and Aima Technology are investing heavily in R&D for enhanced battery efficiency and smart connectivity features. Notably, mergers between Byvin Group and other regional players have reshaped the competitive landscape, creating opportunities for market expansion.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ : https://www.maximizemarketresearch.com/request-sample/36655/
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand is emerging as a significant player in the Southeast Asian e-bike market. Government incentives for electric mobility and the growing popularity of e-bikes for tourism purposes are key drivers. Companies such as Siam Motors Group are leveraging partnerships with international brands to expand their market footprint.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's e-bike market is characterized by technological advancements and consumer preference for high-quality products. Leading companies like Panasonic and Yamaha are introducing innovative designs and improved battery systems. Recent strategic partnerships have facilitated cross-border collaborations, further solidifying Japan's position in the global market.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea is witnessing an upsurge in e-bike adoption, driven by government subsidies and advancements in battery technology. Samsung SDI has emerged as a key player, focusing on high-capacity battery production. Recent acquisitions by Hyundai and other conglomerates underscore the country's commitment to strengthening its e-mobility infrastructure.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's e-bike market is consolidating rapidly, with players like Mobike and Decathlon leading the charge. The government's push for green mobility solutions has resulted in the development of extensive cycling infrastructure, bolstering market demand. Recent acquisitions have enhanced local production capabilities, aligning with the nation's sustainability goals.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US e-bike market is on an upward trajectory, supported by increasing consumer awareness and federal incentives. Companies such as Rad Power Bikes and Specialized have reported significant growth, driven by demand for recreational and commuter e-bikes. Recent developments include major investments in production facilities, fostering innovation and scalability.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe remains a stronghold for e-bike adoption, with countries like Germany, the Netherlands, and France leading the way. Companies like Bosch and Riese & Mรผller are at the forefront of innovation, introducing premium e-bike solutions. Recent mergers and acquisitions have streamlined the supply chain, enabling quicker delivery and competitive pricing.
๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐ฌ ๐๐๐ ๐ข๐จ๐ง๐ฌ
The e-bike market is evolving with technological advancements such as integrated GPS, smartphone connectivity, and advanced pedal-assist systems. Companies are increasingly focusing on sustainability by adopting recyclable materials and renewable energy sources in manufacturing processes. Key players like Shimano and Trek Bikes are setting benchmarks in product innovation and customer service.
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐ซ๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐ซ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ญ๐จ๐๐๐ฒ :https://www.maximizemarketresearch.com/request-sample/36655/
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ค๐๐ฒ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ :
๐๐ฒ ๐๐ฒ๐ฉ๐
City/Urban E-bikes
Trekking E-bikes
Cargo E-bikes
Others
๐๐ฒ ๐๐จ๐๐
Pedal-assisted
Throttle-assisted
๐๐ฒ ๐๐๐ญ๐ญ๐๐ซ๐ฒ ๐๐ฒ๐ฉ๐
Lithium-ion Battery
Lead-acid Battery
Nickel-cadmium Battery
The Lithium-ion Battery sector had the most market share of roughly XX% in the E-bike market in 2023, according to battery type. The segment is also anticipated to expand at a CAGR of 12.4% over the course of the projection period, per the MMR analysis. Because of their remarkable qualities, lithium-ion batteries have completely transformed the e-bike industry and are now considered essential. Compared to other battery types, e-bikes can travel farther on a single charge because to their exceptional energy density. For city commuters looking for dependable transit with little charging disruptions, this feature fills a vital gap. Their lightweight design also helps to reduce the overall weight of e-bikes, which enhances handling and maneuverability-two qualities that are especially important in urban environments with heavy traffic and uneven terrain. Furthermore,
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ : @https://www.maximizemarketresearch.com/market-report/global-bluetooth-speaker-market/21656/
๐๐๐๐ซ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ญ๐จ๐ฉ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ข๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ :
E-Bike Key Players
North America
1. Pedego Electric Bikes
2. Trek Bicycle Corporation
3. Specialized Bicycle Components, Inc.
4. Solex Cycle North America Inc.
5. Rad Power Bikes
6. Aventon
Europe
1. Bosch eBike Systems
2. Accell Group N.V
3. BH BIKES
4. Pon Holdings
5. Georg Fritzmeier GmbH & Co. KG
6. Klever Mobility
7. Karbon Kinetics Ltd
8. ITALJET SPA
9. Amego Electric Vehicles Inc
APAC
1. Yamaha Motor Company
2. Giant Manufacturing Co. Ltd.
3. Aima Technology Group Co. Ltd.
4. Yadea Group Holdings Ltd
5. Merida Industry Co. Ltd
6. Revolt Intellicorp
7. JIANGSU XINRI E-VEHICLE CO., LTD
8. Gayam Motor Works
9. Hero Electric
10. Ather Energy
Middle East
1. Elesco
2. orbea s coop
South America
1. Gi FlyBike
2. Freaky Bike
3. Eterbike
๐๐๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐ฌ๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐-๐๐ข๐ค๐ ๐๐๐ซ๐ค๐๐ญ :
What is E-Bike ?
What is the growth rate of the E-Bike Market?
Which are the factors expected to drive the E-Bike market growth?
What is the CAGR at which the E-Bike market will grow during the forecast period?
What are the different segments of the E-Bike Market?
Which is the fastest growing region in the E-Bike market?
What growth strategies are the players considering to increase their presence in E-Bike ?
What are the upcoming opportunities and trends for the E-Bike Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the E-Bike Market?
Who are the leading companies and what are their portfolios in E-Bike Market?
What segments are covered in the E-Bike Market?
Who are the key players in the E-Bike market?
๐๐๐ข๐ง ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/36655/
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ.
Past Size and Competitive Landscape
โข Past Pricing and price curve by region
โข Size, Share, Size Forecast by different segment
โข Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Segmentation A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape Profiles of selected key players by region from a strategic perspective
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
โฆ DNA Synthesizer Market https://www.maximizemarketresearch.com/market-report/dna-synthesizer-market/189258/
โฆ Bath Towel Market https://www.maximizemarketresearch.com/market-report/bath-towel-market/195327/
โฆ Europe Military Land Vehicle Market https://www.maximizemarketresearch.com/market-report/europe-military-land-vehicle-market/199951/
โฆ Foam Market https://www.maximizemarketresearch.com/market-report/foam-market/122498/
โฆ Workplace Services Market https://www.maximizemarketresearch.com/market-report/global-workplace-services-market/55688/
โฆ Edible Oils Market https://www.maximizemarketresearch.com/market-report/edible-oils-market/125464/
โฆ Lighting Product Market https://www.maximizemarketresearch.com/market-report/lighting-product-market/11116/
โฆ Outboard Boat Market https://www.maximizemarketresearch.com/market-report/outboard-boat-market/147038/
โฆ App Analytics Market https://www.maximizemarketresearch.com/market-report/global-app-analytics-market/24816/
โฆ Encoder Market https://www.maximizemarketresearch.com/market-report/global-encoder-market/34930/
๐๐๐๐๐ก ๐๐ฎ๐ญ ๐ญ๐จ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ซ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ :
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ
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