e-Bike Industry Trends and Growth Opportunities to 2025 - Rise in Demand for Green Transportation

DUBLIN, March 9, 2020 /PRNewswire/ -- The "E-bike Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

The global e-bike market was valued at USD 15.42 billion in 2019, and is expected to grow at a CAGR of 6.21%, during the forecast period, 2020-2025.

Apart from the increasing consumer preference toward recreational and adventure activities, the adoption of e-bike applications in several sectors, like logistics and e-bike rental services, is expected to drive the market studied, during the forecast period.

The market has been segmented by propulsion type and application type. In 2018, by propulsion type, pedal-assisted e-bikes dominated the market, and accounted for 88.32% of the global market. By application type, city/urban e-bikes dominated the market.

Asia-Pacific is expected to dominate the global market. In Asia-Pacific, China dominated the regional market. The largest consumption of electric bikes was in China, which boosted the sales figure, and thus influencing the growth of the global market for electric bikes. The import and export volumes in China are also large, and China has always been the largest exporter of electric bikes. The Government of India has also encouraged to use electric bikes. By the end of 2035, the government is looking forward to convert fuel vehicles into electric vehicles.

The e-bike market is an extremely fragmented market, with the major players holding low share of the total market share. Some of the major market players are Giant Bicycles, Merida, Trek Bikes, Riese & Muller, and M1 Sporttechnik.

Giant Bicycles is expected to be the largest player in this market. The company's presence is majorly concentrated in China, with Europe and North America being the other important markets. The company is diversifying its product portfolio through innovations and new launches, and is aiming to continue its spot as the market leader.

Key Market Trends

Rise in the Demand of Green Transportation

    --  Mobility plays a vital role in the current society that we live in.
    --  With the growing concern for preserving and sustaining it for the future
        generations, especially because of the increasing scarcity of the
        natural resources and environmental concerns, protecting the environment
        poses a great challenge on both the society and governments worldwide.
    --  As a result, the rising demand for e-bikes is proving to be an ideal
        solution to the challenge.
    --  With the continually growing environmental and health concerns, due to
        the increasing emission levels, the governments and international
        organizations worldwide are enacting stringent emission norms to reduce
        carbon emission levels.
    --  Additionally, the depletion of fossil fuel levels at an alarming rate
        has been creating concerns for sustainability for the future
        generations. This factor is posing a huge challenge for the governments
        and society.
    --  Thus, e-bikes are proving to be an ideal solution for the challenge.

Europe - The Second Fastest Growing Market

    --  The European region accounted approximately 20% of the e-bike market,
        after Asia-Pacific region.
    --  The European region was dominated by Germany, followed by France and
        Italy.
    --  In Germany, e-bike is a preferred mode of mobility, as well as for
        sports and leisure, also as a clean, quiet, and space-saving alternative
        for city logistics, in the country.
    --  Some of the major factors driving the sales of e-bike market are
        innovative characters of the product; fully integrated batteries and
        drives; appealing designs, as well as the use of high-quality materials.
    --  In 2018, the e-bike sales in Germany captured a 23.5% share in the total
        bicycle market. Out of the total e-bikes sold in Germany, 99.5% are of
        250W/25Km/h models. Remaining 0.5% of the total e-bikes sold, are of
        speed pedelecs; the 45 km/hr models, which are type-approved, and for
        which, the insurance and helmet obligation applies.
    --  Apart from Germany, countries, like France, Italy, the Netherlands, and
        Spain, also witnessed high demand for e-bikes. Some of the major reasons
        considered for adopting e-bike are the health benefits, environmental
        benefits, reduction in expenditure, avoidance of traffic congestion, and
        the increase in demand for e-bikes as sports equipment among youth. In
        the Netherlands, a quarter of all Europeans were found to be willing to
        commute by e-bikes.

Key Topics Covered

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Current Market Scenario
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters 5 Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
4.5 Technology Trends
4.6 Government Regulations, Incentives, and Manufacturing Standards
4.7 Market Perspective
4.7.1 Component Supplier (Battery, Motor, etc.)
4.7.2 Bicycle Manufacturer
4.7.3 Consumers
4.8 Pricing Analysis

5 MARKET SEGMENTATION
5.1 By Propulsion
5.1.1 Pedal-Assisted
5.1.2 Throttle-assisted (Power-on-demand)
5.2 By Application
5.2.1 City/Urban
5.2.2 Trekking (E-mountain Bikes/e-MTB)
5.2.3 Cargo
5.3 By Battery
5.3.1 Lithium Ion Battery
5.3.2 Lead-Acid Battery
5.4 By Power
5.4.1 Less than and Equal to 250 W
5.4.2 Above 250 W
5.5 Geography
5.5.1 North America
5.5.1.1 United States
5.5.1.2 Canada
5.5.1.3 Rest of North America
5.5.2 Europe
5.5.2.1 Germany
5.5.2.2 United Kingdom
5.5.2.3 France
5.5.2.4 Italy
5.5.2.5 Rest of Europe
5.5.3 Asia Pacific
5.5.3.1 India
5.5.3.2 China
5.5.3.3 Japan
5.5.3.4 South Korea
5.5.3.5 Rest of Asia-pacific

6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 E-bike Manufacturers
6.2.1.1 Giant Bicycles Co. Ltd.
6.2.1.2 Merida Industry Co. Ltd.
6.2.1.3 Riese & Muller
6.2.1.4 Fritzmeier Systems GmbH & Co. KG (M1 Sporttechnik)
6.2.1.5 Yamaha Bicycles
6.2.1.6 Trek Bikes
6.2.1.7 Cannondale Bicycle Corporation
6.2.1.8 Kalkhoff
6.2.1.9 VanMoof B.V.
6.2.1.10 Coboc
6.2.1.11 Ampler Bikes
6.2.1.12 Cowboy
6.2.1.13 Desiknio
6.2.2 Component Suppliers
6.2.2.1 Brose Fahrzeugteile GmbH & Co. KG
6.2.2.2 BMZ GmbH
6.2.2.3 Panasonic Corporation
6.2.2.4 Samsung SDI Co. Ltd.
6.2.2.5 LG Chem
6.2.2.6 Robert Bosch GmbH
6.2.2.7 Shimano Inc.
6.2.2.8 Tron-X Motors

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 SUPPLIER INFORMATION (FOR TOP EIGHT E-BIKE MANUFACTURERS)

For more information about this report visit https://www.researchandmarkets.com/r/7mb7pz

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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

View original content:http://www.prnewswire.com/news-releases/e-bike-industry-trends-and-growth-opportunities-to-2025---rise-in-demand-for-green-transportation-301019852.html

SOURCE Research and Markets