Report Highlights
The global market for e-bikes is expected to grow from $44.9 billion in 2023 and projected to reach $77.6 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.6% from 2023 through 2028.
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 leading market players
Report Scope
This report provides an analysis of the global market for e-bikes. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. This report also offers insights on drivers and opportunities for the market, which were gathered through primary and secondary research. It also covers various market factors, including COVID-19 impact, the Russia-Ukraine war, Porter’s five forces, use case analysis, patent analysis, competitive intelligence, ESG developments, M&A and funding, and the regulatory landscape. An e-bike is a bicycle with a small electric motor and a rechargeable battery to supplement the rider’s power. An e-bike’s batteries can be recharged by plugging them in. An average e-bike can travel 35 to 50 km at 20 mph to 25 mph, requiring 6 to 8 hours to charge the battery fully. We have not considered electric mopeds or electric scooters in our scope.
The report has been prepared in a simple, easy-to-understand format, with some tables and charts/figures. The report’s scope includes a detailed study of global and regional markets for class, configuration, motor type, propulsion type, battery type, motor power, and application. The qualitative and quantitative data of all segments are provided in the report. The report examines each segment, determines its current market size, and estimates its future market size with compound annual growth rates (CAGR).
The report also provides detailed profiles of significant e-bike players and their strategies to enhance their market presence. The report also includes a competitive landscape chapter that discusses the market ecosystem of the top e-bike provider in 2022.
Report Synopsis
Report Metrics | Details | ||||||||||||||||
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Base year considered | 2022 | ||||||||||||||||
Forecast period considered | 2023-2028 | ||||||||||||||||
Base year market size | $41.3 billion | ||||||||||||||||
Market size forecast | $77.6 billion | ||||||||||||||||
Growth rate | CAGR of 11.6% from 2023 to 2028 | ||||||||||||||||
Units considered | $ Millions | ||||||||||||||||
Segments covered | By Class, Configuration, Motor Type, Propulsion Type, Battery Type, Motor Power, Application, and Region | ||||||||||||||||
Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||
Countries covered | The U.S., Canada, Mexico, Germany, France, the Netherlands, U.K., Italy, Japan, China, India, and South Korea | ||||||||||||||||
Key Market Drivers |
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Companies studied |
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Frequently Asked Questions (FAQs)
- Growing demand for clean energy.
- Increasing demand for electric mountain bikes (e-MTB).
- Government assistance to boost e-bike sales to reduce CO2 emissions.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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