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.
Data Bridge Market research has recently released expansive research titled Electric Bike (E-Bike) Market guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Electric Bike (E-Bike) market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Electric Bike (E-Bike) market report.
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Electric Bike (E-Bike) Market Analysis:
This Electric Bike (E-Bike) Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, Market share, impact of domestic and localized Market players, analyses opportunities in terms of emerging revenue pockets, changes in Market regulations, strategic Market growth analysis, Market size, category Market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Electric Bike (E-Bike) Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed Market decision to achieve Market growth.
List of the leading companies operating in the Electric Bike (E-Bike) Market includes:
- 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)
- I.V. E. Bianchi S.p.A. (Italy)
- Kawasaki Motors Corp. (USA)
- Trek Bicycle Corporation (US)
- myStromer AG (Switzerland)
- Specialized Bicycle Components, Inc. (US)
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.
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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
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.
- Growing environment concerns
In order to create a better and greener environment, various governments around the world are supporting 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.
Restraints
- The dearth of infrastructure
In rising countries, including India and Taiwan, there is currently a shortage of infrastructure, such as bike routes and bike lanes, which might be regarded a constraint for the e-bike market.
On the other hand, high cost associated with e-bike and technical limitations will hinder the electric bike (e-bike) market growth rate. International trade policies and regulations will pose a major challenge for the market's growth rate.
This electric bike (e-bike) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric bike (e-bike) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Global 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 750W
- Over 750W
Class
- Class I (Pedal Assist/Pedelec)
- Class II (Throttle)
- Class III (Speed Pedelec)
Usage
- City/Urban
- Cruise
- Mountain/Trekking Bikes
- Racing
- Cargo
- Others
Electric Bike (E-Bike) Market Country Level Analysis
The countries covered in the Electric Bike (E-Bike) Market report are South Africa, Saudi Arabia, U.A.E., Egypt, Israel, the Rest of Middle East and Africa, U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina and Rest of South America. North America dominates globally due to rising demand for advanced technologies and software design and development.
The country section of the report also provides individual market-impacting factors and Market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the Market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
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Key Benefits of the report:
This study presents the analytical depiction of the global Electric Bike (E-Bike) industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Electric Bike (E-Bike) Market share.
The current Market is quantitatively analysed to highlight the global Electric Bike (E-Bike) Market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global Electric Bike (E-Bike) Market analysis based on competitive intensity and how the competition will take shape in the coming years.
Table of Content: Global Electric Bike (E-Bike) Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Global Electric Bike (E-Bike) Market, Agriculture Type
7 Global Electric Bike (E-Bike) Market, Software
8 Global Electric Bike (E-Bike) Market, By Service
9 Global Electric Bike (E-Bike) Market, By Solution
10 Global Electric Bike (E-Bike) Market Application
10 Global Electric Bike (E-Bike) Market, By Region
11 Global Electric Bike (E-Bike) Market, Company Landscape
12 Swot Analysis
13 Company Profile
14 Questionnaire
15 Related Reports
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-e-bike-market
Browse Related Reports:
Asia-Pacific Electric Bike (E-Bike) Market , By Battery Type (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 and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750 W and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle) and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo and Others) - Industry Trends and Forecast to 2029. https://www.databridgemarketresearch.com/reports/asia-pacific-e-bike-market
Europe Electric Bike (E-Bike) Market, By Battery Type (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 and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750 W and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle) and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo and Others) - Industry Trends and Forecast to 2029. https://www.databridgemarketresearch.com/reports/europe-e-bike-market
Middle East and Africa Electric Bike (E-Bike) Market , By Battery Type (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 and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750 W and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle) and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo and Others) - Industry Trends and Forecast to 2029. https://www.databridgemarketresearch.com/reports/middle-east-and-africa-e-bike-market
North America Electric Bike (E-Bike) Market , By Battery Type (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 and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750 W and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle) and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo and Others) - Industry Trends and Forecast to 2029. https://www.databridgemarketresearch.com/reports/north-america-e-bike-market
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