Global E bike
Market Report
2024
Global E-bike market size was $51.1 Billion in 2022 and it is forecasted to reach $95.1 Billion by 2030. E-bike Industry's Compound Annual Growth Rate will be 8.1% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global E-bike market size was $51.1 Billion in 2022 and it is forecasted to reach $95.1 Billion by 2030. E-bike Industry's Compound Annual Growth Rate will be 8.1% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global E bike Market Sales Revenue 2022 | $ 51.1 Billion |
Global E bike Market Sales Revenue 2030 | $ 95.1 Billion |
Global E bike Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.1% |
Market Split by Class |
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Market Split by Application |
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Market Split by Battery Type |
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Market Split by Propulsion Type |
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Market Split by Power |
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Market Split by Steet Price Range |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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E bike Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An electric bike commonly referred to as an e-bike is a form of bicycle that has an electric motor and a battery pack to help the user pedal. The motor makes moving the bike easier and more effective by either assisting the rider's pedaling or acting as the bike's own power source.
Traditional road bikes, mountain bikes, and folding bikes are just a few of the several varieties of electric bikes. Certain versions also offer regenerative braking, which can assist with battery recharging while riding. They can have varying levels of motor assistance ranging from minimal to full power.
Several advantages of e-bikes in terms of time, cost, safety, congestion, air and noise pollution, and energy security are mainly driving the market growth. The market for e-bikes is expanding due to rising awareness about the negative consequences of fossil fuel-powered vehicles.
Advancements in battery technology and bicycle infrastructure are anticipated to provide lucrative opportunities for the expansion of the electric bike market. The market is expected to grow due to several factors such as the stringent government regulations to prevent harmful effects on the environment, consumer preference for using e-bikes as an efficient and eco-friendly commute solution coupled with the increase in fuel prices leisure activity will further open new avenues for the market growth in upcoming years.
The high cost of e-bikes and some limitations for using e-bike inhibits their rapid adoption which is expected to hinder the market growth to some extent.
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In Oct 2022, with a 350W engine producing 100Nm of torque and a 36V 10.5Ah large-capacity battery capable of a range of up to 80km, Yadea Group introduced the Y80 e-bike.
Top Companies Market Share in E bike Industry: (In no particular order of Rank)
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Global E bike Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing E bike Industry growth. E bike market has been segmented with the help of its Class, Application Battery Type, and others. E bike market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Class-I e-bike segment has the largest revenue share and is predicted to continue to rule in the years to come. The growing demand for pedals due to their health benefits and power assistance, which has no restrictions on their operation, is projected to fuel the expansion of class-I e-bikes.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of E bike from 2019 to 2031. This will also help to analyze the demand for E bike across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of E bike are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the E bike market report 2024 Edition by contacting our team.
The Li-ion battery segment was the leading segment in the e-bikes market. Lithium-ion batteries are the largest battery type, and switching from lead-acid batteries to them can reduce the size and weight of the battery pack, boost charging speed, and lengthen the range.
North America has the largest revenue share in the e-bikes market. This is due to the expanding number of manufacturing facilities and IT businesses, as well as the region's growing urban and tech-savvy populace. Also, the region has access to cheap labor and low-cost raw resources.
The current report Scope analyzes E bike Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global E bike Market is witnessing significant growth in the near future.
In 2023, the Class-I segment accounted for noticeable share of global E bike Market and is projected to experience significant growth in the near future.
The City/Urban segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Giant Bicycles Co. Ltd, Riese & Muller and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Class | Class-I, Class-II, Class-III |
Application | City/Urban, Trekking (E-mountain Bikes/E-MTB), Cargo |
Battery Type | Li-ion, Lead Acid, Li-ion Polymer |
Propulsion Type | Pedal-Assisted E-bike, Throttle-Assisted E-bike |
Power | Less than and Equal to 250W, Above 250W |
Steet Price Range | 500, 1000, 1500, 2000, 2500, 3000, 3500, 4000, 4500, 5000, <5000 |
List of Competitors | Giant Bicycles Co. Ltd, Merida Industry Co. Ltd, Riese & Muller, Fritzmeier Systems GmbH & Co. KG (M1 Sporttechnik), Yamaha Bicycles, Trek Bicycle Corporation, Cannondale Bicycle Corporation, Kalkhoff Werke GmbH, VanMoof BV, Pedego Electric Bikes, Accell Group, Merida Industry Co. Ltd, Others |
This chapter will help you gain GLOBAL Market Analysis of E bike. Further deep in this chapter, you will be able to review Global E bike Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America E bike Market Trends North America E bike Technological Road Map North America E bike Market Drivers North America E bike Market Restraints North America E bike Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Class Analysis 2019 -2031, will provide market size split by Class. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Class Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Battery Type Analysis 2019 -2031
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Chapter 13 Market Split by Propulsion Type Analysis 2019 -2031
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Chapter 14 Market Split by Power Analysis 2019 -2031
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Chapter 15 Market Split by Steet Price Range Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global E bike market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Class-I have a significant impact on E bike market? |
What are the key factors affecting the Class-I and Class-II of E bike Market? |
What is the CAGR/Growth Rate of City/Urban during the forecast period? |
By type, which segment accounted for largest share of the global E bike Market? |
Which region is expected to dominate the global E bike Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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