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Dublin , March 29, 2024 /PRNewswire/ -- The "E-Bike: Global Markets" report has been added to ResearchAndMarkets.com's offering. The global e-bike market was valued at $41.3 billion in 2022 and should reach $77.6 billion by 2028, with a CAGR of 11.6% during 2023 to 2028. Electric bicycles are experiencing a substantial surge in global recognition and adoption. As many nations and municipalities recognize e-bikes' potential to alleviate traffic congestion, reduce emissions and promote a healthier lifestyle, the global e-bike market has experienced explosive growth. These unique two-wheelers integrate electric power assistance with conventional cycling, providing a more eco-friendly and accessible mode of transportation that caters to a diverse user base. e-Bike sales have increased dramatically in North America , Europe and Asia . Accessibility is a significant factor in this surge in the popularity of this technology. Electric bicycles accommodate a diverse range of users, including elderly individuals who desire to maintain an active lifestyle and city commuters searching for a more environmentally sustainable and efficient mode of transportation to work. Moreover, e-bikes are an intermediary between cycling lovers and individuals who may lack the muscular stamina required to operate a conventional bicycle. Consequently, e-bikes have emerged as a prominent mode of urban transportation, providing a practical resolution for the final lap of travel, mitigation for traffic congestion and an outstanding substitute for public transportation. Technological progress has considerably contributed to the worldwide rise of electric bicycles. The design of electric bikes has undergone a significant transformation, shifting from bulky and primitive to streamlined, lightweight and exceptionally efficient machines. The size reduction and increased power of critical components like batteries and electric motors have enabled e-bikes to travel farther and reach higher velocities. Lithium-ion batteries, which balance weight, energy density and durability, are particularly prevalent. Contemporary electric bicycles frequently incorporate touch screens,
smartphone integration and a variety of cycling modes, thereby granting riders the ability to personalize their experience. Additionally, specific models feature regenerative braking, further enhancing their energy efficiency. This report segments the global e-bike market based on class, configuration, motor type, propulsion type, motor power, battery type and application. Based on the class, the market is segmented into class I, class II and class III. In 2022, the class I segment had the highest share, 78.1%, and it is expected to register a CAGR of 11.2% during the forecast period. The increasing demand for pedelecs, which offer health benefits and power assistance up to 25 kilometers per hour without any driving restrictions, is anticipated to expand class I e-bikes. Regarding geographical region, Asia-Pacific held the highest revenue share in the 2022 market at $25.3 billion , and it is expected to continue to dominate the revenue share with an anticipated value of $44.8 billion in 2028. The Asia-Pacific region generates around 61% of the market revenue, with
China leading the way, with over 60% to 70% of the global e-bike production concentrated within its borders. This is expected to contribute to expanding the e-bike market in the region. Report Includes 67 data tables and 48 additional tables An overview of the current and future global markets for e-bikes Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024 and 2026, and projections of compound annual growth rates (CAGRs) through 2028 Estimate of the actual market size and revenue forecast for the global e-bike market, and a corresponding market share analysis based on vehicle class, configuration, motor type, propulsion type, battery type, motor power, application, and region Overview of the market drivers and challenges and the vendor landscape Analysis of market growth opportunities with a holistic review of the Porter's Five Forces model, the industry value chain, use case analysis, and the impacts of region and industry-specific macroeconomic variables Discussion of sustainability trends and factors in the market for e-bikes, with emphasis on ESG performance and scores, case studies and the ESG practices followed in the industry Competitive intelligence related to the leading companies, their global rankings, recent developments, key financials and segmental revenues, and product portfolios Profiles of the Peading Market Players Accell Group Aima Technology Group Co. Ltd. Fuji-Ta Bicycle Co. Ltd. Giant Manufacturing Co. Ltd. Hero Cycles Ltd. Kalkhoff Werke Gmbh Merida Industry Co. Ltd. Pedego Pon Holdings B.V. Robert Bosch Gmbh Shimano Inc. Tern Trek Bicycle Corp. Yadea Technology Group Co. Ltd. Yamaha Motor Co. Ltd. Zweirad-Einkaufs-Genossenschaft Gmbh Key Topics Covered: Chapter 1 Introduction Introduction Study Goals and Objectives Reasons for Doing This Study Scope of Report Methodology Information Sources Geographic Breakdown Market Segmentation Chapter 2 Summary and Highlights Market Outlook Market Summary Chapter 3 Market Overview Market Overview Evolution Factors for the e-Bike Value Chain Analysis e-Bikes Cost Structure Analysis Porter's Five Forces Model Impact of COVID-19 on the Global Market Ukraine-Russia War Impact on the Global Market Israel-Palestine War Impact on the Global Market Chapter 4 Market Dynamics Market Drivers for the e-Bike Market Market Challenges Market Restraints Market Opportunities Chapter 5 Emerging Technologies and Developments Introduction Current Market Trends Emerging and Upcoming Trends in the e-Bike Market Chapter 6 Market Breakdown by Class Class I Class II Class III Chapter 7 Market Breakdown by Configuration Regular e-Bike Folding e-Bike Chapter 8 Market Breakdown by Motor Type Mid-Drive Motor Hub-Drive Motor Chapter 9 Market Breakdown by Propulsion Type Loading... Loading... Pedal-assisted Throttle-assisted Chapter 10 Market Breakdown by Battery Type Lithium-ion Battery Lead-acid Battery Others Chapter 11 Market Breakdown by Motor Power < 250W 250W to 500W 500W to 750W >750W Chapter 12 Market Breakdown by Application Mountain and Trekking City or Urban Commute Commercial Purpose Chapter 13 Market Breakdown by Region North America Europe Asia-Pacific Rest of the World Chapter 14 Sustainability in the e-Bike Market: An ESG Perspective Importance of ESG in the e-Bike Market Future of ESG with e-Bikes Concluding Remarks Chapter 15 Patent Analysis Overview Key Patents Chapter 16 M &A and Venture Funding Outlook M&A Analysis Start-up Funding in the e-Bike Industry Chapter 17 Competitive Intelligence Overview Market Share Analysis Market Strategy Analysis for e-Bikes Key Market Developments For more information about this report visit https://www.researchandmarkets.com/r/kfsnr About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg SOURCE Research and Markets Loading... Loading...