Market Analysis and Insights:
The market for e-bikes was estimated to be worth USD 53 billion in 2023, and from 2023 to 2033, it is anticipated to grow at a CAGR of 10.27%, with an expected value of USD 158 billion in 2033.
The growth of the electric bicycle (e-bike) sector is propelled by a variety of significant factors. Primarily, mounting concerns regarding environmental issues and the necessity for sustainable transportation solutions have augmented the demand for e-bikes, which are viewed as a more eco-friendly option compared to traditional modes of transportation. In conjunction, the escalating costs of fuel and the desire to mitigate transportation expenses have also contributed to the surge in popularity of e-bikes. Furthermore, advancements in technology have notably enhanced the efficiency of e-bikes, resulting in superior battery longevity and performance, rendering them a reliable and practical means of transport. In addition, the convenience and user-friendliness associated with e-bikes, inclusive of the ability to circumvent traffic congestion and effortlessly find parking, have positioned them as a favored selection for urban commuters. Lastly, governmental programs and perks such as grants and tax incentives have played a pivotal role in propelling the e-bike market, by incentivizing consumers to embrace and acquire this eco-conscious mode of transport. In essence, the growth of the e-bike market is powered by a synergy of environmental awareness, economic viability, technological progress, convenience, and government endorsement.
E-Bike Market Scope:
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2033 |
Study Period | 2018-2033 |
Forecast Unit | Value (USD) |
Revenue forecast in 2033 | USD 158 billion |
Growth Rate | CAGR of 10.27% during 2023-2033 |
Segment Covered | By Class, By Motor Type, By Component, By Usage, By Battery type, By Battery Capacity, By Motor Weight, By Motor Power, By Region |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Bosch Limited, Giant Manufacturing Co. Ltd., Trek Bicycle Corporation, Accell Group N.V., Yamaha Motor Co., Ltd., Bionx International Corporation, Derby Cycle Holding GmbH, Pedego Electric Bikes, Panasonic Corporation, and Shimano Inc. |
Market Definition
An electric bicycle, commonly referred to as an e-bike, is a type of bicycle integrated with an electric motor to augment the rider's pedaling efforts. This technology facilitates extended travel distances and effortless navigation of inclines, all the while preserving the rider's ability to pedal for physical activity.
The electric bicycle, known as an E-bike, plays a crucial role for various reasons. Firstly, it serves as an eco-friendly mode of transport by reducing carbon footprints and supporting environmental conservation efforts. Secondly, E-bikes offer a convenient commuting solution, especially in congested urban areas, allowing riders to reach their destinations quickly and with ease. E-bikes also have the potential to improve accessibility, enabling individuals with mobility challenges or disabilities to travel more independently. Lastly, the cost efficiency of E-bikes, characterized by low operational and maintenance costs, makes them an appealing choice for those looking for affordable transportation options. In essence, the significance of E-bikes lies in their ability to address environmental, health, accessibility, and economic issues, providing a sustainable and efficient alternative to conventional transportation methods.
Key Market Segmentation:
Insights On Key Class
Class-I
Based on our research and data, the Class-I part is expected to dominate the Global E-bike Market. This part consists of pedal-assist e-bikes that provide motorized assistance only when the rider is pedaling. Class-I e-bikes are popular among commuters and recreational cyclists due to their ability to enhance pedaling power without completely replacing traditional cycling. They are allowed in most cycling infrastructure and have a wider acceptance and adoption compared to other parts. The Class-I part is expected to dominate the market due to its versatility, ease of use, and the increasing demand for sustainable transportation solutions.
Class-II
The Class-II part, which includes throttle-assist e-bikes with a maximum speed of 20 mph (32 km/h), is another significant part in the Global E-bike Market. While Class-II e-bikes provide motorized assistance without the need for pedaling, they are still subject to certain regulations and restrictions, varying from region to region. Class-II e-bikes are popular among users seeking a more leisurely and effortless riding experience. They offer a convenient alternative to regular bicycles, particularly for those who may not be able to pedal for longer distances or at higher intensities. However, they might face limitations in terms of their acceptance and where they can be ridden in certain areas, thus impacting their dominance in the market.
Class-III
The Class-III part, which comprises speed pedelecs or pedal-assist e-bikes with a maximum speed of 28 mph (45 km/h), is another part to consider in the Global E-bike Market. These e-bikes provide motorized assistance only when the rider is pedaling, similar to Class-I e-bikes, but offer higher top speeds. Class-III e-bikes are often favored by more experienced riders or those who need to cover longer distances quickly. However, they may face stricter regulations and be restricted from certain bike lanes or paths due to their higher speeds. While Class-III e-bikes have their niche market, their dominance in the Global E-bike Market may be limited compared to the Class-I part due to these regulatory challenges and lower general acceptance.
Insights On Key Speed
Up to 25 Km/h
The part Up to 25 Km/h is expected to dominate the global e-bike market. This is primarily due to the fact that e-bikes with speeds of up to 25 Km/h are widely used for commuting purposes and are popular among urban dwellers looking for a convenient and eco-friendly mode of transportation. Additionally, these e-bikes often comply with local regulations for electric bicycles, making them more accessible and legal in many regions. The affordability and ease of use of e-bikes in this speed range further contribute to their dominance in the global market.
25-45 Km/h
The part 25-45 Km/h is another significant part of the global e-bike market. E-bikes in this speed range are designed for users who require a slightly higher speed for recreational purposes or longer commutes. These e-bikes often come with enhanced features, such as larger battery capacities and more powerful motors, catering to individuals with specific needs and preferences. While the 25-45 Km/h part holds a considerable share in the market, it is expected to be overshadowed by the dominance of the Up to 25 Km/h part due to its wider adoption and mass appeal.
Insights On Key Motor Type
Mid Motor Type
The mid motor type is expected to dominate the global e-bike market. Mid motor e-bikes have gained significant popularity due to their superior performance and efficiency. The mid motor is positioned at the crankshaft, providing a balanced weight distribution and a more natural riding experience. Additionally, mid motor e-bikes are known for their versatility and are suitable for various riding conditions and terrains. The growing demand for high-performance e-bikes and the development of advanced mid motor technologies are further fueling the dominance of this part in the global e-bike market.
Hub Motor Type
Hub motor e-bikes, although not dominating, still hold a significant share in the global market. These e-bikes feature motors integrated into the wheel hub, providing a simpler design and ease of maintenance. Hub motor e-bikes are known for their smooth and quiet operation, making them ideal for urban commuting. They offer a smooth acceleration and are suitable for flat terrains and city riding. However, hub motor e-bikes usually have a lower torque compared to mid motor counterparts, which limits their performance for steep inclines and off-road adventures.
In conclusion, while the mid motor type dominates the global e-bike market due to its superior performance and versatility, the hub motor type still holds a substantial share, primarily catering to urban commuters seeking a convenient and quiet riding experience.
Insights On Key Mode
Pedal Assist
The Pedal Assist mode is expected to dominate the Global E-Bike market. This mode allows riders to pedal while being assisted by an electric motor, providing additional power and enhancing the overall cycling experience. Pedal Assist e-bikes are popular among consumers due to their ability to provide an efficient and eco-friendly alternative to traditional bicycles.
Throttle
The Throttle mode, while still significant, is expected to have a slightly smaller market share compared to Pedal Assist. Throttle-based e-bikes provide power solely through the twist or push of a handlebar-mounted throttle, allowing users to move without the need for pedaling. Although this mode offers the convenience of effortless riding, it may be perceived by some as less physically engaging than Pedal Assist e-bikes. Nonetheless, Throttle e-bikes remain popular among individuals seeking a leisurely or commuter-friendly mode of transportation, allowing them to reach their destinations quickly and comfortably without exerting themselves.
Insights On Key Component
Batteries
The dominant part among the components of the Global E-Bike market is batteries. Batteries play a crucial role in powering electric bikes, providing energy for the motor to function efficiently. With advancements in battery technology, such as higher energy density and longer battery life, e-bike users are increasingly demanding more powerful and longer-lasting batteries.
Electric Motors
Electric motors are another significant component of e-bikes. These motors serve as the main source of power, converting electrical energy from the battery into mechanical energy for propelling the bike forward. The demand for efficient and reliable electric motors in the e-bike industry is continuously increasing. Manufacturers are focusing on developing motors with higher torque, improved efficiency, and reduced noise levels to enhance the overall riding experience. Although electric motors play a crucial role in e-bikes, they are not as dominant as batteries are in driving the market.
Frames with Forks
Frames with forks form the structural foundation of an e-bike, providing stability and support for various components. The design and material used in the construction of frames greatly impact the overall performance, weight, and durability of e-bikes. While frames with forks are essential for e-bikes, they do not dominate the Global E-Bike market as batteries do.
Crank Gears
Crank gears are crucial components that transfer power from the pedaling motion of the rider to the electric motor. They play a vital role in determining the performance and efficiency of e-bikes. Manufacturers are continuously improving crank gear systems to offer seamless and efficient power transmission, enhancing the overall riding experience.
Wheels
Wheels are essential components that provide stability, maneuverability, and comfort to e-bike riders. The choice of wheel size, material, and design significantly affects the overall performance and handling of e-bikes. Manufacturers are increasingly focusing on developing lightweight and durable wheels to improve the ride quality and responsiveness of e-bikes. While wheels are critical for e-bikes, they do not dominate the Global E-Bike market as batteries do.
Motor Controllers
Motor controllers are electronic devices that regulate the power delivered by the battery to the electric motor, ensuring smooth acceleration and control of the e-bike. Although motor controllers are essential components, they do not hold the dominant position in the Global E-Bike market compared to batteries.
Brake Systems
Brake systems are vital safety components that enable riders to control their e-bikes and stop effectively. Manufacturers are continually improving brake systems to provide reliable and responsive braking performance, ensuring rider safety. While brake systems are necessary for e-bikes, they do not dominate the Global E-Bike market as batteries do.
Insights On Key Usage
City/Urban
The City/Urban part is expected to dominate the Global E-Bike market. This is primarily due to the increasing adoption of e-bikes as a convenient and eco-friendly mode of transportation in urban areas. The City/Urban part caters to the growing demand for e-bikes among city dwellers who are looking for alternative transportation options to tackle traffic congestion, reduce pollution, and improve overall mobility. With advancements in battery technology and urban infrastructure supporting e-bike usage, the City/Urban part is anticipated to witness significant growth in the coming years.
Mountain/Trekking
The Mountain/Trekking part of the Global E-Bike market holds immense potential for outdoor enthusiasts and adventure seekers. E-bikes in this part offer enhanced power and performance, allowing riders to conquer challenging terrains and enjoy off-road adventures. With the rising interest in outdoor activities and the desire for eco-friendly transportation in mountainous regions, the Mountain/Trekking part is expected to witness steady growth.
Cargo
The Cargo part within the Global E-Bike market caters to the needs of commercial businesses and delivery services. With the increasing demand for sustainable delivery options and the preference for electric transportation among logistics companies, the Cargo part is projected to experience steady growth.
Others
The "Others" part in the Global E-Bike market encompasses diverse usage categories that do not fall under the dominant City/Urban, Mountain/Trekking, or Cargo s. It includes niche applications such as e-bikes used for recreational purposes, leisure riding, and specific professional uses. Although this part may witness varying degrees of growth based on specific market dynamics and consumer preferences, it is expected to have a relatively smaller market share compared to the dominant City/Urban part.
Insights On Key Battery type
Lithium-ion
Lithium-ion is projected to dominate the Global E-Bike market due to its advantages like higher energy density, longer lifespan, and lighter weight compared to other battery types. These batteries offer several advantages over other types, such as high energy density, lightweight design, and longer lifespan. The increasing demand for e-bikes, coupled with the growing concern for environmental sustainability, has led to the widespread adoption of lithium-ion batteries in the market. Furthermore, advancements in technology have made lithium-ion batteries more affordable and accessible, further contributing to their dominance in the global e-bike market.
Lithium-ion Polymer
Lithium-ion Polymer batteries are another significant part of the Global E-Bike market. While they offer similar benefits as traditional lithium-ion batteries, such as high energy density and longer lifespan, they are not expected to dominate due to lower market adoption and preference.
Lead Acid
Lead Acid batteries have been widely used in the past, but their dominance has diminished over time. They are heavier, have lesser energy density, and shorter lifespan compared to lithium-ion batteries, making them less favorable for e-bikes.
Others
The "Others" category includes battery types such as Nickel-Metal Hydride (NiMH), Nickel-Cadmium (NiCd), and various experimental or emerging battery technologies. These parts are not expected to dominate the Global E-Bike market due to factors like lower energy density, shorter lifespan, and limited market adoption compared to lithium-ion batteries.
Insights On Key Battery Capacity
>250 & <450W
The >250 & <450W part is projected to dominate the Global E-Bike market. With a battery capacity range that falls between 250W and 450W, this part offers a balance between power and energy efficiency. It caters to a wide range of consumer needs, including urban commuting and recreational purposes. The >250 & <450W part strikes a harmonious balance between performance and battery life, making it an attractive choice for a significant portion of the market.
<250W
The <250W part holds a significant share in the Global E-Bike market. With a battery capacity below 250W, this part is popular among riders looking for lighter and more affordable e-bikes. The lower power output makes it accessible to a wider range of consumers, including those who prefer a more economical option or have specific legal restrictions on the power of e-bikes in their region.
>450 & <650W
The >450 & <650W part holds a notable position in the Global E-Bike market. With a battery capacity ranging from 450W to 650W, this part appeals to riders who require a higher level of power and performance. It caters to individuals seeking e-bikes for off-road adventures, hilly terrains, or extended travel distances. The increased power output allows for faster acceleration and enhanced capabilities, making it an appealing choice for enthusiasts and riders with specific performance requirements.
>650W
The >650W part constitutes a smaller share in the Global E-Bike market. With a battery capacity exceeding 650W, this part targets riders who prioritize high-performance e-bikes. It caters to individuals seeking powerful acceleration, higher top speeds, and superior performance for specialized applications or competitive situations. The >650W part may be chosen by riders who require enhanced capabilities for demanding riding conditions or have specific performance needs beyond what the other parts can provide.
Insights On Key Motor Weight
>2 kg & <2.4 kg
The part >2 kg & <2.4 kg is expected to dominate the Global E-Bike market. This is due to several reasons. Firstly, this part strikes a balance between power and weight, providing a satisfactory riding experience for most customers. Its motor weight ensures efficient energy utilization while offering sufficient power for a comfortable ride. Additionally, e-bikes falling into this part are generally more affordable compared to those in the >2.4 kg part, making them accessible to a larger customer base. The >2 kg & <2.4 kg part is likely to be favored by both casual riders and those seeking a cost-effective e-bike option.
>2 kg
The part >2 kg represents e-bikes with relatively heavier motors. While these e-bikes may offer enhanced power and performance, their weight may be a limiting factor for some customers. As a result, this part is expected to be less dominant in the Global E-Bike market compared to the >2 kg & <2.4 kg part. However, it may still appeal to customers who prioritize performance over weight and are willing to invest in a more substantial e-bike.
>2.4 kg
The >2.4 kg part comprises e-bikes with the heaviest motors. Although these e-bikes might provide superior power and capabilities, they are likely to cater to specific niche markets. The weight of the motor in this part may restrict the overall user experience and limit its appeal to a broader consumer base. These e-bikes may attract customers who prioritize power and are willing to handle the additional weight.
Insights On Key Motor Power
>40nm-<70nm
The part of the Global E-Bike market that is dominating is the >40nm-<70nm category. This holds the largest market share due to its balanced combination of motor power, affordability, and performance. E-bikes with motor power between 40nm to 70nm strike a good balance between providing sufficient assistance for riders without compromising battery life. They are suitable for various terrains and rider preferences, making them favorable among a wide range of consumers. The >40nm-<70nm part is anticipated to witness significant growth in the coming years.
<40nm
The <40nm part of the Global E-Bike market offers e-bikes with motors that have power output below 40nm. While these e-bikes provide sufficient assistance for urban commuting and leisure riding, they may lack the power needed for more demanding terrains and longer distances. As such, this part may attract consumers who prioritize affordability over performance or require e-bikes primarily for short-distance travel.
>70nm
The >70nm part of the Global E-Bike market comprises e-bikes equipped with motors that exceed 70nm of power output. These high-powered e-bikes cater to riders seeking enhanced performance and capability to tackle challenging terrains. The >70nm part is likely to appeal to adventure enthusiasts and those who frequently ride uphill or in off-road conditions. However, e-bikes in this category may generally come at a higher price point due to the advanced motor technology used.
In summary, while the >40nm-<70nm part dominates the Global E-Bike market, the other parts, <40nm and >70nm, cater to specific consumer preferences such as affordability and enhanced performance, respectively.
Insights on Regional Analysis:
North America
North America is projected to dominate the global e-bike market due to the increasing adoption of e-bikes for commuting and recreational purposes. The region's well-developed infrastructure and growing concern for environmental conservation are driving the demand for eco-friendly transportation options.
Latin America
Latin America is experiencing significant growth in the e-bike market. The region's rising urbanization, increasing traffic congestion, and growing environmental consciousness are driving the demand for e-bikes. Additionally, the expansion of bike-sharing programs in major cities is boosting the adoption of e-bikes for short commutes.
Asia Pacific
With densely populated cities and a growing middle-class population, Asia Pacific is emerging as a dominant market for e-bikes. The region's increasing urbanization, rising fuel costs, and government initiatives to promote electric vehicles are fueling the demand for e-bikes. Moreover, technological advancements and improvements in battery efficiency are contributing to the market's growth in the Asia Pacific region. However, concerns about traffic congestion and limited infrastructure for safe cycling pose challenges to the widespread adoption of e-bikes.
Europe
Europe is witnessing substantial growth in the e-bike market due to favorable government policies promoting electric mobility and a strong cycling culture. Increasing concerns about pollution and the shift towards sustainable transportation options have resulted in a high adoption rate of e-bikes in the region. Moreover, the availability of well-established cycling infrastructure and extensive bike-sharing programs further support market growth in Europe. However, pricing concerns and potential regulatory limitations on speed and power could impede market expansion.
Middle East & Africa
The Middle East & Africa region is gradually embracing e-bikes due to increasing urbanization and a growing focus on environmentally friendly transportation alternatives. Governments in the region are implementing initiatives such as cycling infrastructure development and e-mobility promotion, fostering market growth. However, challenges such as extreme weather conditions and a lack of awareness about e-bikes among the general population pose obstacles to achieving significant market penetration in the Middle East & Africa region.
Company Profiles:
Prominent figures within the worldwide electric bicycle industry encompass entities such as BULLS, Giant Bicycles, and Trek Bicycle Corporation, focusing on pioneering product development, extending distribution channels, and forming strategic alliances to leverage the increasing global interest in e-bikes.
Leading contributors in the electric bike sector include Bosch Limited, Giant Manufacturing Co. Ltd., Trek Bicycle Corporation, Accell Group N.V., Yamaha Motor Co., Ltd., Bionx International Corporation, Derby Cycle Holding GmbH, Pedego Electric Bikes, Panasonic Corporation, and Shimano Inc. These distinguished companies are esteemed for their proficiency and impact on the e-bike field, serving a global clientele with pioneering products and cutting-edge technologies. Their influence and engagement within the industry have played a significant role in driving the expansion and evolution of electric bicycles, amalgamating advanced functionalities, performance, and sustainability across their unique offerings. Through their notable market presence and unwavering commitment to enriching their product lines, these prominent entities are instrumental in shaping the e-bike landscape and meeting the varied needs and desires of consumers.
COVID-19 Impact and Market Status:
The global e-bike market has seen a notable increase due to the Covid-19 pandemic, with consumers showing a preference for environmentally friendly modes of transportation.
The e-bike market has undergone significant changes as a result of the COVID-19 pandemic. A notable upsurge in demand has been witnessed as individuals seek out different modes of transportation due to public health concerns and the necessity for social distancing measures. This increased interest can be attributed to the perceived safety and sustainability of e-bikes for short commutes and recreational purposes. Furthermore, with the closure of fitness centers and gyms, there has been a noticeable shift towards using e-bikes for exercise and outdoor activities.
Conversely, the e-bike market has encountered challenges with disruptions in the global supply chain and manufacturing processes brought on by lockdowns and restrictions. These issues have caused delays in production and scarcity of key e-bike components, leading to a decrease in supply and availability of e-bikes. Nevertheless, despite these hurdles, the e-bike market is anticipated to recover and progress in the post-pandemic period, driven by changing consumer preferences and a growing emphasis on sustainable transportation options.
Latest Trends and Innovation:
- In July 2021, Specialized Bicycle Components announced the acquisition of Bergamont Bicycles, a German e-bike brand, to expand its portfolio and strengthen its presence in the e-bike market.
- In June 2021, Trek Bicycle unveiled its new e-bike lineup, including the super-powered eMTB Trek E-Caliber and the commuter-friendly e-bike Trek Allant+.
- In May 2021, Shimano, a leading bicycle components manufacturer, introduced the new EP8 e-bike drive unit, featuring increased power, enhanced performance, and improved connectivity.
- In April 2021, Yamaha Motor Co., Ltd. launched the new YDX Moro series, its latest line of high-performance electric mountain bikes, aimed at providing versatility and thrilling off-road experiences.
- In March 2021, Giant Manufacturing Co. announced the release of its new Entour E+ 2023 e-bike model, which offers enhanced comfort, stability, and advanced motor technology.
- In February 2021, Bosch eBike Systems expanded its product range with the introduction of the Performance Line CX, an upgradable drive system designed for sporty and off-road electric bikes.
- In January 2021, Rad Power Bikes, a popular e-bike brand, announced a partnership with the Canadian e-commerce platform Shopify to streamline its online sales and improve customer experience.
- In December 2020, Cowen Inc., a global investment bank, projected a significant increase in the global e-bike market valuation by 2025 due to growing consumer demand and technological advancements.
- In November 2020, VanMoof, a Dutch e-bike company, secured $40 million in funding to support its global expansion plans and accelerate the development of its e-bike technology and production capabilities.
- In October 2020, Accell Group, a leading bicycle manufacturer, formed a joint venture with fellow Dutch company Gazelle to develop a new line of premium e-bikes for the European market.
Significant Growth Factors:
The remarkable expansion of the E-Bike Market is due to the growing societal consciousness regarding the environment, escalations in fuel expenses, and government policies advocating for eco-friendly modes of transportation.
The growth of the E-Bike industry has been driven by various factors that have shaped consumer preferences and market dynamics. One key driver is the increasing emphasis on environmental sustainability, as individuals and society as a whole are becoming more aware of the need to reduce carbon emissions and adopt greener modes of transportation.
With the rise in fuel prices, consumers are gravitating towards more economical and efficient commuting solutions, with E-Bikes emerging as a practical choice. The evolution of battery technology and technological advancements have been instrumental in the expansion of the E-Bike market. Improved battery life, enhanced power output, and overall superior performance have made E-Bikes more attractive to a broader spectrum of consumers.
Moreover, the development of cycling infrastructure, including dedicated bike lanes and safety measures in urban areas, has further facilitated the adoption of E-Bikes. This infrastructure enhancement supports a safer and more convenient environment for E-Bike riders, encouraging more people to embrace this mode of transportation. Furthermore, the health and fitness benefits associated with E-Biking have also contributed to its surging popularity. E-Bikes enable individuals to engage in physical activity while receiving assistance from the electric motor, making it a more accessible option for a diverse population.
In essence, the growth of the E-Bike market can be attributed to a combination of factors, including the increasing environmental awareness, cost-effectiveness, technological innovation, infrastructure development, and health advantages associated with E-Biking. These factors have collectively fueled the significant expansion of the E-Bike industry in recent years.
Restraining Factors:
A significant obstacle impeding the expansion of the E-Bike Market is the constrained accessibility of charging infrastructure, potentially constraining the rate of adoption.
A primary challenge that the E-Bike sector faces is the significant upfront investment required for these bicycles. E-Bikes are notably more expensive than traditional bikes due to the incorporation of electric motors and battery systems, which may deter budget-conscious consumers and limit market expansion. Additionally, the shortage of charging infrastructure poses a barrier to widespread E-Bike adoption. Insufficient access to charging stations could discourage potential buyers worried about running out of battery power during extended rides. Moreover, regulatory hurdles imposed by local authorities present challenges to market growth, with stringent laws on speed limits and power outputs potentially dissuading prospective customers. Inadequate consumer awareness and education about the advantages and usage of E-Bikes also contribute to their slow uptake.
Nonetheless, the E-Bike industry harbors promising prospects for growth. Ongoing advancements in battery technology, leading to lower costs and increased range, could alleviate concerns over high initial expenses and charging station availability. Furthermore, government and organizational efforts to promote sustainable transportation and minimize carbon footprints could fuel demand for E-Bikes. By implementing effective marketing campaigns to raise awareness about the environmental benefits of E-Bikes, it is foreseeable that the market will witness substantial expansion in the foreseeable future.
Key Segments of the E-Bike Market
E-Bike Class Overview
• Class-I E-Bikes
• Class-II E-Bikes
• Class-III E-Bikes
E-Bike Speed Overview
• E-Bikes with speed Up to 25 Km/h
• E-Bikes with speed 25-45 Km/h
E-Bike Motor Type Overview
• Mid Motor E-Bikes
• Hub Motor E-Bikes
E-Bike Mode Overview
• Pedal Assist E-Bikes
• Throttle E-Bikes
E-Bike Component Overview
• E-Bike Batteries
• Electric Motors
• Frames with Forks
• Crank Gears
• Wheels
• Motor Controllers
• Brake Systems
E-Bike Usage Overview
• Mountain/Trekking E-Bikes
• City/Urban E-Bikes
• Cargo E-Bikes
• Others
E-Bike Battery Type Overview
• Lithium-ion Batteries
• Lithium-ion Polymer Batteries
• Lead Acid Batteries
• Others
E-Bike Battery Capacity Overview
• E-Bikes with Battery Capacity <250W
• E-Bikes with Battery Capacity >250 & <450W
• E-Bikes with Battery Capacity >450 & <650W
• E-Bikes with Battery Capacity >650W
Ownership Overview
• Shared E-bikes
• Personal E-bikes
E-Bike Motor Weight Overview
• E-Bikes with Motor Weight <2 kg
• E-Bikes with Motor Weight >2 kg & <2.4 kg
• E-Bikes with Motor Weight >2.4 kg
E-Bike Motor Power Overview
• E-Bikes with Motor Power <40nm
• E-Bikes with Motor Power >40nm-<70nm
• E-Bikes with Motor Power >70nm
Regional Overview
North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• U.K
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
Middle East and Africa
• Saudi Arabia
• UAE
• Rest of Middle East and Africa
Latin America
• Brazil
• Argentina
• Rest of Latin America