Electric Bikes / e-Bikes Market Set to Exceed USD 26 Billion by 2026 | CAGR 7.1%
Forecast to 2020
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
“Electric Bikes/e-Bikes Market Sizes, Share, Trends & Analysis Report, By Product Type (Pedal Assisted, Throttle Assisted); By Drive Mechanism (Hub Motor, Mid Drive, All Wheel Drive (AWD)); By Battery Type (Lead Acid, Liion, Others); By Region, Segment Forecast, 2018 – 2026” The global electric bikes market size is expected to reach USD 26 billion by 2026, growing at a CAGR of 7.1% during the forecast period, according to a report published by Polaris Market Research. The report ‘Electric Bikes/E-Bikes Market [By Product Type (Pedal Assisted, Throttle Assisted); By Drive Mechanism (Hub Motor, Mid Drive, All Wheel Drive (AWD); By Battery Type (Lead Acid, Lithium-ion (Li-ion), Others); By Region]: Market Size & Forecast, 2018 – 2026’ provides holistic analysis of current and future market trends. Enhancing bicycles with electric units significantly boosts its usability with multiple benefits. Benefits of electric bikes include additional power enabling long distance travel at better speeds, ability to carry some limited amount of material/cargo, and lower operational costs as compared to other transport modes. Also, e-bikes have the capability to make the cycling task easier due to presence of motorized assistance in usually tough situations such as uphill riding. Furthermore, e-bikes can be used for health benefits to enhance blood sugar level, and cardiovascular fitness and is also beneficial for specialized cardiac rehabilitation programs.
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Growth in E-Bikes market is majorly driven by factors such as increased consumer awareness towards reducing air and sound pollution. Other factors enhancing the growth include government support and strict regulations to curb pollutions across various geographies. Moreover, increasing fuel prices and technological focus on designing and introducing new electric vehicles are other parameters positively impacting the adoption of electric bikes. The number of consumers opting for eco-friendly transportation alternatives is increasing steadily in many regions specifically North America and Europe where concepts such as E-Bikes rentals are already implemented and expected to further rise. This market research report provides an in-depth analysis of geographic distribution of the electric bikes market across North America (U.S., Canada), Europe (UK, France, Italy, Germany, Belgium, Netherlands), and Asia Pacific (China, Japan, South Korea) regions. Asia Pacific regional market is expected to be the major and the fastest growing e-bikes market among all regions.
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Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
Sealed lead acid batteries are lower in costs and these batteries have a high consumer base in China as compared to other battery types. Owing to this factor, the lead acid battery based electric bikes segment is observed to hold higher market share than other battery types. However, Lithium ion (Li-ion) batterybased E-Bikes are expected to witness high growth in adoption during the forecast and this growth is mainly attributed to better performance features and lower carbon emissions. The global electric bikes market is moderately competitive and some of the industry players covered in this report include Easy Motion Ebikes (BH Bicycle Corporation), KTM Fahrrad GmbH, Riese & MĂźller GmbH, Accell Group N.V., SONDORS Inc., F.I.V. E. Bianchi S.p.A., SCOTT Sports SA, Klever Mobility Europe GmbH, Trek Bicycle Corporation, and Giant Manufacturing Co Ltd. Polaris Market Research has segmented the global Electric Bikes market on the basis of product, drive mechanism, battery type, and region:
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Table of Contents
1. Methodology and Scope 1.1. Research Scope and Assumptions 1.2. Research Methodology 1.3. List of Data Sources 1.3.1. Primary Data Sources 1.3.2. Secondary Data Sources 1.3.3. Stakeholders -3-
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
2. Executive Summary 2.1. Market Snapshot - Key Takeaways 3. Market Variables, Trends & Scope 3.1. Electric Bikes/E-Bikes Market Segmentation & Scope 3.2. Electric Bikes/E-Bikes Market - Value Chain Analysis 3.3. Industry Analysis – Porter’s Five Forces Analysis 3.4. Electric Bikes/E-Bikes – PEST Analysis 3.5. Electric Bikes/E-Bikes Market Trends 3.6. Electric Bikes/E-Bikes Market - Company Share/Ranking Analysis, 2017 3.7. Electric Bikes/E-Bikes: Market Dynamics 3.7.1. Market Driver Analysis 3.7.2. Market Restraint Analysis 3.7.3. Market Opportunity Analysis 4. Electric Bikes/E-Bikes: Product Type Estimates & Trend Analysis 4.1. Electric Bikes/E-Bikes Market: Product Type movement analysis 4.2. Pedal Assisted E-Bikes 4.2.1. Pedal Assisted E-Bikes Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 4.3. Throttle Assisted 4.3.1. Throttle Assisted E-Bikes Market estimates and forecasts, by Region, 2015 2026 (USD Million) 5. Electric Bikes/E-Bikes: Drive Mechanism Estimates & Trend Analysis 5.1. Electric Bikes/E-Bikes Market: Drive Mechanism movement analysis 5.2. Hub Motor 5.2.1. Hub Motor Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 5.3. Mid Drive 5.3.1. Mid Drive Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 5.4. All Wheel Drive (AWD) 5.4.1. All Wheel Drive (AWD) Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 6. Electric Bikes/E-Bikes Market: Battery Type Estimates & Trend Analysis 6.1. Electric Bikes/E-Bikes Market: Battery Type movement analysis 6.2. Lead Acid 6.2.1. Lead Acid Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 6.3. Lithium-ion (Li-ion) 6.3.1. Lithium ion (Li-ion) Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 6.4. Others 6.4.1. Others Market estimates and forecasts, by Region, 2015 - 2026 (USD Million) 7. Electric Bikes/E-Bikes: Regional Estimates & Trend Analysis 7.1. Electric Bikes/E-Bikes Market share by region, 2017 & 2026 7.2. North America 7.2.1. North America Electric Bikes/E-Bikes Market estimates and forecasts, 2015 2026 (USD Million) 7.2.2. U.S. -4-
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
7.2.2.1. U.S. Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.2.3. Canada 7.2.3.1. Canada Electric Bikes/E-Bikes Market estimates and forecasts, 2015 2026 (USD Million) 7.3. Europe 7.3.1. Europe Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.3.2. Germany 7.3.2.1. Germany Electric Bikes/E-Bikes Market estimates and forecasts, 2015 2026 (USD Million) 7.3.3. UK 7.3.3.1. UK Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.3.4. France 7.3.4.1. France Electric Bikes/E-Bikes Market estimates and forecasts, 2015 2026 (USD Million) 7.3.5. Italy 7.3.5.1. Italy Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.3.6. Belgium 7.3.6.1. Belgium Electric Bikes/E-Bikes Market estimates and forecasts, 2015 2026 (USD Million) 7.4. Asia Pacific 7.4.1. Asia Pacific Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.4.2. Japan 7.4.2.1. Japan Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.4.3. China 7.4.3.1. China Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.4.4. South Korea 7.4.4.1. South Korea Electric Bikes/E-Bikes Market estimates and forecasts, 2015 - 2026 (USD Million) 7.5. Rest of World 7.5.1. Rest of World Electric Bikes/E-Bikes Market estimates and forecasts, 2015 2026 (USD Million) 8. Competitive Landscape 8.1. Strategy framework 8.2. Company Profiles 8.2.1. Easy Motion Ebikes (BH Bicycle Corporation) 8.2.1.1. Company overview 8.2.1.2. Financial performance 8.2.1.3. Products & Services -5-
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
8.2.1.4. Recent developments 8.2.2. KTM Fahrrad GmbH 8.2.2.1. Company overview 8.2.2.2. Financial performance 8.2.2.3. Products & Services 8.2.2.4. Recent developments 8.2.3. Riese & MĂźller GmbH 8.2.3.1. Company overview 8.2.3.2. Financial performance 8.2.3.3. Products & Services 8.2.3.4. Recent developments 8.2.4. Accell Group N.V. 8.2.4.1. Company overview 8.2.4.2. Financial performance 8.2.4.3. Products & Services 8.2.4.4. Recent developments 8.2.5. SONDORS Inc. 8.2.5.1. Company Overview 8.2.5.2. Financial performance 8.2.5.3. Products & Services 8.2.5.4. Recent developments 8.2.6. F.I.V. E. Bianchi S.p.A. 8.2.6.1. Company overview 8.2.6.2. Financial performance 8.2.6.3. Products & Services 8.2.6.4. Recent developments 8.2.7. SCOTT Sports SA 8.2.7.1. Company overview 8.2.7.2. Financial performance 8.2.7.3. Products & Services 8.2.7.4. Recent developments 8.2.8. Klever Mobility Europe GmbH 8.2.8.1. Company Overview 8.2.8.2. Financial performance 8.2.8.3. Products & Services 8.2.8.4. Recent developments 8.2.9. Trek Bicycle Corporation 8.2.9.1. Company overview 8.2.9.2. Financial performance 8.2.9.3. Products & Services 8.2.9.4. Recent developments 8.2.10. Giant Manufacturing Co Ltd 8.2.10.1. Company overview 8.2.10.2. Financial performance 8.2.10.3. Products & Services -6-
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
8.2.10.4. Recent developments
8.3. LIST OF TABLES 9. TABLE 1 Global Electric Bikes/E-Bikes market, 2015 - 2026, (USD Million) TABLE 2 Electric Bikes/E-Bikes market by region, 2015 - 2026, (USD Million) TABLE 3 Electric Bikes/E-Bikes market by Product Type, 2015 - 2026, (USD Million) TABLE 3 Electric Bikes/E-Bikes market by Drive Mechanism, 2015 - 2026, (USD Million) TABLE 4 Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 6 North America Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 7 North America Electric Bikes/E-Bikes market, by Drive Mechanism 2015 2026, (USD Million) TABLE 8 North America Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 9 U.S. Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 10 U.S. Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 11 U.S. Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 12 Canada Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 13 Canada Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 14 Canada Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 15 Europe Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 16 Europe Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 17 Europe Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 18 Germany Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 19 Germany Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 20 Germany Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 21 UK Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 22 UK Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 23 UK Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 24 France Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD -7-
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
Million) TABLE 25 France Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 26 France Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 27 Italy Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 28 Italy Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 29 Italy Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 30 Asia Pacific Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 31 Asia Pacific Electric Bikes/E-Bikes market, by Drive Mechanism 2015 2026, (USD Million) TABLE 32 Asia Pacific Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 33 China Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 34 China Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 35 China Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 36 South Korea Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 37 South Korea Electric Bikes/E-Bikes market, by Drive Mechanism 2015 2026, (USD Million) TABLE 38 South Korea Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 39 Japan Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 40 Japan Electric Bikes/E-Bikes market, by Drive Mechanism 2015 - 2026, (USD Million) TABLE 41 Japan Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million) TABLE 42 Rest of World Electric Bikes/E-Bikes market, by Product Type 2015 - 2026, (USD Million) TABLE 43 Rest of World Electric Bikes/E-Bikes market, by Drive Mechanism 2015 2026, (USD Million) TABLE 44 Rest of World Electric Bikes/E-Bikes market, by Battery Type 2015 - 2026, (USD Million)
9.1. LIST OF FIGURES 10. FIG. 1 FIG. 2
Market snapshot Market segmentation -8-
Electric Bikes / e-Bikes Market Size to Reach 26 Billion by 2026
FIG. 3 FIG. 4 FIG. 5 FIG. 6 FIG. 7 FIG. 8 FIG. 9 FIG. 10 FIG. 11 FIG. 13
Electric Bikes/E-Bikes — Market size and growth prospects Electric Bikes/E-Bikes — Value chain analysis Market dynamics Porter’s five forces analysis Penetration & growth prospect mapping Key Company Analysis, 2017 Electric Bikes/E-Bikes — PEST analysis Electric Bikes/E-Bikes Market: Product Type Movement Analysis Electric Bikes/E-Bikes Market: Battery Type Movement Analysis Regional market place: Key takeaways
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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