Press release
Major Industry Participants Reinforcing Their Hold in the Electric Bikes Market
Electric Bikes Market
Projected Growth and Market Size of the Electric Bikes Industry
The electric bikes market is poised for rapid expansion, with its value expected to reach $109.16 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 11.8% during the forecast period. Several factors contribute to this upward trajectory, including the expansion of micro-mobility solutions, stricter emission reduction policies, advancements in battery technology, the integration of smart mobility features, and increasing demand for last-mile delivery options. Noteworthy trends driving the market include the widespread adoption of urban e-bikes, the rising popularity of cargo e-bikes, incorporation of smart connectivity features, a preference for lightweight bike frames, and the growth of shared mobility programs.
Download a free sample of the electric bikes market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3078&type=smp
Leading Companies Influencing the Electric Bikes Market
The electric bikes industry features several prominent companies playing a significant role in market developments. These include Panasonic Corporation, Yamaha Motor Company, Pon Holdings BV, Giant Manufacturing Co. Ltd., Pon Bicycle Holding B.V., Yadea Group Holdings Ltd., Accell Group NV, Trek Bicycle Corporation, Merida Industry Co. Ltd., Tianjin Golden Wheel Bicycle Group Co. Ltd., FRITZMEIER Systems GmbH & Co. KG, Specialized Bicycle Components Inc., Cube Bikes GmbH, Derby Cycle AG, Derby Cycle Holding GmbH, Brompton Bicycle Ltd., Beistegui Hermanos S.A., VanMoof, Koninklijke Gazelle N.V., Pedego Electric Bikes, Cannondale Bicycle Corporation, Electra Bicycle Company, BionX International Corporation, Focus Bikes GmbH, Gocycle Limited, Klever Mobility Europe GmbH, Tianjin Fuji-ta Group, Bulls Bikes GmbH, KTM Fahrrad GmbH, Cycles Lapierre S.A.S., M1-Sporttechnik GmbH & Co. KG, Orbea S. Coop. Ltda., and Pivot Cycles LLC.
Recent Acquisition Enhancing Last-Mile Delivery Capabilities
In July 2024, UK-based electric mobility firm Cycle acquired eBike4Delivery, a specialist in electric bikes for last-mile delivery, for an undisclosed sum. This acquisition allows Cycle to strengthen its last-mile delivery services across the UK by incorporating eBike4Delivery's fleet and technological expertise. The move aims to boost delivery efficiency while supporting sustainability and expanding operational reach within urban logistics.
View the full electric bikes market report:
https://www.thebusinessresearchcompany.com/report/electric-bikes-global-market-report
Technological Advancements Driving Electric Bikes Innovation
Key market players are focusing on enhancing electric bike performance through cutting-edge technologies such as 12kW in-hub powertrains. These motors integrate directly into the wheel hub, offering increased torque, better acceleration, higher speeds, and improved energy efficiency for a smoother ride. For example, in February 2024, Indian startup Kabira Mobility Pvt. Ltd. introduced two electric bike models, the KM3000 and KM4000 Mark-II, featuring India's first aluminum core hub motor developed in partnership with Foxconn. These bikes deliver 12kW power, 192nM torque, a top speed of 120 km/h, and 0-40 km/h acceleration in 2.9 seconds. Additional features include modular battery packs with a 201 km range, 1.5kW fast onboard charging, advanced Showa suspension, dual CBS safety brakes, projector headlamps for improved night visibility, and a unique front trunk for extra storage. Prices are set at ?1,74,000 and ?1,76,000, each backed by a 3-year or 30,000 km warranty.
Detailed Segmentation of the Electric Bikes Market
This report divides the electric bikes market into several segments for a detailed analysis:
1) Class: Class-I, Class-II, and Class-III
2) Motor Type: Mid Motor and Hub Motor
3) Battery Type: Lead Acid, Lithium-ion (Li-ion), Nickel-Metal Hydride (NiMH), and other battery types
4) Application: Mountain or Trekking, City or Urban, Cargo, and other applications
Further subsegments by class include:
- Class-I: Pedal-assist only, with a maximum speed of 20 mph (32 km/h)
- Class-II: Throttle-assisted, also maxing out at 20 mph (32 km/h)
- Class-III: Pedal-assist only, allowing a higher top speed of 28 mph (45 km/h)
This comprehensive classification helps stakeholders understand the market dynamics and target specific consumer needs effectively.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Major Industry Participants Reinforcing Their Hold in the Electric Bikes Market here
News-ID: 4385446 • Views: …
More Releases from The Business Research Company
Top Companies and the Competitive Environment in the Bio-Based Coatings Market
The bio-based coatings market is gaining significant traction as industries and consumers alike prioritize sustainability and environmental responsibility. With increasing regulations and evolving consumer preferences, this sector is poised for remarkable growth and innovation. Below, we explore the market's size, key players, emerging trends, and segmentation details to understand its current landscape and future outlook.
Projected Expansion of the Bio-Based Coatings Market by 2030
The bio-based coatings sector is expected…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Elec …
The electric tractor market is positioned for remarkable expansion in the coming years, driven by advances in technology and growing environmental awareness. As agriculture shifts toward sustainable practices, these cutting-edge vehicles are becoming increasingly important. Let's explore the market's size, key players, emerging trends, and segment breakdown to understand the future of electric tractors.
Electric Tractor Market Size and Growth Outlook Through 2030
The electric tractor market is projected to…
Emerging Sub-Segments Transforming the Benzene-Petrochemicals Market Landscape
The benzene-petrochemicals market is positioned for significant expansion over the coming years, driven by evolving industrial demands and technological advancements. This sector is witnessing dynamic shifts influenced by innovation and growing applications across various industries. Here's an in-depth look at the market's size, key players, trends, and its segmented structure.
Forecasted Growth Trajectory of the Benzene-Petrochemicals Market
The benzene-petrochemicals industry is projected to experience robust growth, reaching a market value…
Leading Companies Fueling Growth and Innovation in the Electric Medium and Heavy …
The electric medium and heavy commercial vehicles sector is poised for significant expansion as the transportation industry shifts towards greener alternatives. Innovations in vehicle design and energy solutions are setting the stage for a transformative period, which is expected to redefine commercial mobility in the near future. Let's explore the market outlook, key players, emerging trends, and segmentation details shaping the electric medium and heavy commercial vehicles market.
Forecasted Growth Trajectory…
More Releases for Bikes
BMX Bikes Report 2022 - 2028 | Eastern Bikes, DK Bicycles, Fitbikeco, Mongoose, …
Global BMX Bikes Market Size was estimated at USD 121 million in 2021 and is projected to reach USD 208.7 million by 2028, exhibiting a CAGR of 8.1% during the forecast period.
Overview:
Global BMX Bikes Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the…
BMX Bikes Market to See Huge Growth by 2026 | Haro Bikes, GT Bicycles, Redline B …
The Latest Released BMX Bikes Market, Outlook and Forecast market study has evaluated the future growth potential of BMX Bikes Market, Global Outlook and Forecast market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses…
Electric Cargo Bike Market Top Key Players - Rad Power Bikes, Yuba Bikes, Surly, …
The number of cargoes transported via CEP (Courier, Express, and Parcel) services has increased significantly over the last few years. Many consumers buy in the hope that they will receive the item online immediately, and one or more of the 10 items will be returned to the retail store. Delivery trips, primarily operated by diesel vehicles, increase traffic congestion and air pollution, especially in cities.
The current issue is…
water bikes market, global water bikes market, water bikes industry, water bike …
Prominent water bike manufacturers are focussing on product innovations for experience of the consumer and for that, strategic analysis, collaborations and mergers, joint acquisitions, product launched are done by these manufacturers for taking care of their leading positions in the water bikes industry.
Key Developments in Water Bikes Industry
In January 2020, World’s first hydro e-bike named as Hydrofoiler-XE1 by Manta 5 was launched. The bike doesn’t have wheels and instead it…
Electric Cargo Bikes Market Size, Analysis and Future Trends To 2027 - Babboe, B …
The Electric Cargo Bikes Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
Electric cargo…
Electric Bikes (E-Bikes) Demand Globally - Business Revenue Forecast
The increasing pollution levels caused because of the large-scale usage of conventional fuels-powered vehicles and bikes are making the people switch to eco-friendly modes of transportation such as e-bikes. Additionally, the governments of several countries are increasingly implementing various incentives and policies such as subsidies or discounts on the prices of e-bikes, for promoting their adoption in the transport fleets. For instance, the Swedish government launched a subsidy of up…
