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Global Electric Bicycles Market Information Report, By Electric Bicycle Type (Pedal Assist Or Pedelecs, Power On Demand and Pedal Assist With Power On Demand), By Battery Type (Sealed Lead Acid Battery, Li-Ion Battery Type), By Motor Type (Hub Motor, Mid Drive Electric) and By Region - Global Forecast to 2023Market Scenario
Global electrical bicycles or e-bikes market is increasingly driven by the increased sale of electric bicycle in the Europe and North American region. With global e-bike manufacturers targeting the European market for their sales, the growth of electric bicycle is mainly driven by the government initiatives for e-bike sales. As electric bicycle are increasingly reducing traffic and vehicular pollution, they are being increasingly used by commuters for daily travel. Moreover, Europe being one of the top tourist destinations in the world, tour operators are offering electric bicycle as a part of cycle tour package which attracts a lot of tourist.
Also, Europe region has many bike sharing systems in the top cities that reduces traffic and also the subsequent vehicular pollution. This has enabled increased investment in the construction of separate cycle lanes and elevated pathways for cyclists which has further increased the sale of electric bicycle. The North America region is also following the similar trend where electric bicycle sales is driven by the reduced price range when compared with the mopeds and other vehicles.
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Market Highlights
Global electric bicycle market is witnessing a strong growth with many companies are manufacturing new electric bicycle for variety of purposes. The electric bicycle are majorly used for daily commuting and tourism purposes. With the motor enabling propulsion, it is very easy to travel long distances and with advancement in the battery technologies, recharging is also very easy. There are increased government initiatives for the sales of electric bicycle because use of electric bicycle reduce traffic congestion, and also they reduce vehicular carbon emissions.
Market Research Analysis
Electric bicycle or pedelecs are increasingly becoming popular among cyclists. The electric bicycle are a promising alternative option for new form of urban transport in cities. The main advantage of using an e-bike is the fact that they are as fun as regular bicycles, they have zero emissions, and they are easy to ride and park and has lot of power than traditional bicycles. The electric motor in the e-bike provides additional power assistance when pedaling up a hill or trekking on a mountain trip. The E-MTB (Mountain Bike) segment is the fastest growing segment in the e-bike market and they appeal to younger age people. The electric bicycle are gaining popularity because of same legal status like conventional bicycles and motorcycles and are an attractive alternative for cars. There are wide range of e-bike models to choose from and like traditional bicycles, electric bicycle can be carried in public transportation systems like buses, trains and trams.
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Scope of the Report
This study provides an overview of the global Electric bicycle market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Electric bicycle market by E-Bike Type, by battery type, by motor type and by regions.
By E-bike type
• Pedal assist (Pedelecs)
• Power demand with pedal assist
• Power demand only
By Battery Type
• Sealed Lead Acid Battery
• Li-ion battery type
By Motor Type
• Hub motor
• Mid drive electric motor
By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
Key Players
The key players of the global electric bicycle market are NYCeWheels (USA), Accell Group , (Netherlands), A2B Electric Bikes (UK), Derby Cycle (Germany), Easy Motion (USA), Moustache Bikes (USA), Jiangsu Xinri E-Vehicle Co. Ltd (China), myStromer AG (Switzerland), GoCycle (UK) and Pedego Electric Bikes (USA).
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The report for Global Electric bicycle market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Electric Bicycles Market, By Type
4.1 Introduction
4.2 Pedal Assist or Pedelecs
4.3 Power on Demand
4.3 Power on Demand With Pedal Assist
5 Global Electric Bicycles Market, By Battery Type
5.1 Introduction
5.2 Sealed lead acid battery
5.3 Li-Ion battery
6 Global Electric Bicycles Market, By Motor Type
6.1 Hub Motor
6.2 Mid Drive Electric
7 Regional Market Analysis
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 U.K.
7.3.2 France
7.3.3 Germany
7.3.4 Rest of Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia-Pacific
7.5 Rest of the World
8 Competitive Analysis
8.1 Introduction
8.2 Competitive Scenario
8.2.1 Market Share Analysis
8.2.2 Market Development Analysis
8.2.3 Product/Service Benchmarking
8.3 NYCeWheels (USA)
8.3.1 Overview
8.3.2 Product/Service Offering
8.3.3 Strategy
8.4 Accell Group (Netherlands)
8.4.1 Overview
8.4.2 Product/Service Offering
8.4.3 Strategy
8.5 A2B Electric Bikes (UK)
8.5.1 Overview
8.5.2 Product/Service Offering
8.5.3 Strategy
8.6 Derby Cycle (Germany)
8.6.1 Overview
8.6.2 Product/Service Offering
8.6.3 Strategy
8.7 Easy Motion (USA)
8.7.1 Overview
8.7.2 Product/Service Offering
8.7.3 Strategy
8.8 Moustache Bikes (USA)
8.8.1 Overview
8.8.2 Product/Service Offering
8.8.3 Strategy
8.9 Jiangsu Xinri E-Vehicle Co. Ltd (China)
8.9.1 Overview
8.9.2 Product/Service Offering
8.9.3 Strategy
8.10 myStromer AG (Switzerland)
8.10.1 Overview
8.10.2 Product/Service Offering
8.10.3 Strategy
8.9 GoCycle (UK)
8.9.1 Overview
8.9.2 Product/Service Offering
8.9.3 Strategy
8.9 Pedego Electric Bikes (USA)
8.9.1 Overview
8.9.2 Product/Service Offering
8.9.3 Strategy
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