Global E-bike Market Research Report and Forecast 2025
Report Edition: 2020 © 2020 IMARC All Rights Reserved
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Report Description and Highlights
Report Description Global E-bike Market Overview:
According to the latest report by IMARC Group, titled “ E-Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global e-bike market size reached a value of US$ 20.8 Billion in 2019. An e-bike is a bicycle that consists of electrical components, including motors, batteries and controllers. The electric motor in the bike aids the rider’s pedal-power, which is utilized for propulsion. When the user puts pressure on the pedals of an e-bike, the motor engages and provides a boost to the acceleration. Since it utilizes rechargeable batteries for its functioning and can cover long distances at a single charge, it is not only a cost-effective option but also an environment-friendly means of transportation as compared to other land transports, such as motorcycles and cars. Request for a free sample report: https://www.imarcgroup.com/e-bike-market/requestsample
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Report Description Global E-bike Market Trends:
Growing awareness among the masses regarding the benefits of physical fitness is primarily driving the growth of the market. Lifestyle diseases such as diabetes and obesity are proliferating on the global level on account of lack of physical activities and shifting dietary patterns. Consequently, a majority of the population has turned to cycling as a measure to improve their cardiovascular health, enhance aerobic capacity and combat weight gain issues. Since these bikes rely on pedaling as well as on motors for mobility, they serve as an ideal option for beginners and users with health issues. In line with this, these bikes are also gaining widespread popularity among senior citizens, patients suffering from chronic pain and people with disabilities. Advanced variants with e-assistance services aid people with lower mobility to exercise without adversely affecting their health. Moreover, these bikes utilize rechargeable batteries or solar power to function. Rising awareness regarding the hazardous effects associated with the usage of conventional vehicles has bolstered the uptake of these bikes. Furthermore, the advent of hydrogen-powered bikes and Smart E-Bike Monitoring System (SEMS) is also expected to favorably impact the market growth. On account of the aforementioned factors, the market to reach a value of US$ 29.2 Billion by 2025, registering a CAGR of 5.8% during 2020-2025.
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Report Description
Global E-bike Market Segmentation: Breakup by Mode: • •
Throttle Pedal Assist
On the basis of the mode, the market is bifurcated into throttle and pedal assist. Breakup by Motor Type: • • •
Hub Motor Mid Drive Others
Based on the motor type, the market has been divided into hub motor, mid drive and others.
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Report Description Breakup by Battery Type: • • • •
Lead Acid Lithium Ion Nickel-metal Hydride (Nimh) Others
On the basis of the battery type, the market has been categorized into lead acid, lithium ion, nickelmetal hydride (NiMH) and others. Breakup by Class: • • •
Class I Class II Class III
Based on the class, the market has been segregated into class I, II and III.
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Report Description Breakup by Design: • •
Foldable Non-foldable
On the basis of the design, the market is classified into foldable and non-foldable. Breakup by Application: • • • •
Mountain/trekking Bikes City/urban Cargo Others
Based on the application, the market has been divided into mountain/trekking bikes, city/urban, cargo and others.
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Report Description Breakup by Region: • • • • •
North America Europe Asia Pacific Middle East and Africa Latin America
On the geographical front, the market has been segregated into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. For more information, click here: https://www.imarcgroup.com/e-bike-market
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Report Description Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players. • • • • • • • • • • • • • • •
Accell Group N.V. BionX International Corporation Robert Bosch GmbH Yamaha Motor Group Derby Cycle Holding GmbH Giant Manufacturing Co. Ltd. Klever Mobility GmbH Merida & Centurion Germany GmbH Samsung SDI Co., Ltd Continental AG ProdecoTech Fuji-ta Bicycle Co., Ltd. Trek Bicycle Corporation PEDEGO INC Shimano Inc.
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Š 2020 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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