E-Bike Market
E-Bike Market - Global Industry Assessment & Forecast
#
Pages:
280
2023
Mar - 2024
VMR-VMR-2021-0844
Segments Covered
By
Class Class-I, Class-II, Class-III
-
By
Speed Up to 25km/h, 25-45km/h
-
By
Battery Types Lithium-ion, Lithium-ion Polymer, Lead Acid, Other Battery Types
-
By
Motor Types Hub, Mid
-
By
Modes Pedal Assist, Throttle
-
By
Components Batteries, Electric Motors, Frames With Forks, Wheels, Crank Gears, Brake Systems, Motor Controller
-
By
Usage Mountain, Trekking, City/Urban, Cargo, Other Usages
-
By
Ownership Shared, Personal
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 33.31 Billion |
 Revenue 2032:
|
USD 68.47 Billion |
 Revenue CAGR
(2024 - 2032): |
8.38 % |
Fastest Growing Region (2024 -
2032)
|
North America |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: E-Bike Market by Class by Speed by Battery Types by Motor Types by Modes by Components by Usage by Ownership by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The primary research was conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills data requirements pertaining to first-hand information on global market size, regional and segmental trends, competitive landscape expertise development, and market understandings among others.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the E-Bike market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global E-Bike market.
Vantage Market
Research | 28-Feb-2024
FAQ
Frequently Asked Question
What is the global demand for E-Bike in terms of revenue?
-
The global E-Bike valued at USD 33.31 Billion in 2023 and is expected to reach USD 68.47 Billion in 2032 growing at a CAGR of 8.38 %.
Which are the prominent players in the market?
-
The prominent players in the market are Accell Group (Netherlands), Derby Cycle (Germany), Fuji-ta Bicycle Co. Ltd. (China), Giant Manufacturing Co. Ltd. (Taiwan), Jiangsu Xinri E-Vehicle Co. Ltd. (China), Mahindra & Mahindra Ltd. (India), Prodecotech LLC (U.S.), Tianjin Golden Wheel Group Co. Ltd. (China), Trek Bicycle Corporation (U.S.), Yamaha Motor Co. Ltd. (Japan).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.38 % between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the E-Bike include
- Implementation of government regulations to encourage the use of electric bikes
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the E-Bike in 2023.
