Global e-Bike Market to reach US$ 56,212.3 Mn by end of 2028, Says Coherent Market Insights - Seite 2
Market Trends:
The global e-bike market is witnessing increasing sale of electric bikes. For instance, Giant recorded sales of 29,000 electric bikes in the first half of 2019 and the company was expecting to sell another 310,000 electric bikes by the end of 2019.
Europe is expected to witness significant growth in the global e-bike market with high demand for bikes. For instance, in July 2021, a research, conducted by Opinium, reported that 39% of adults in the U.K are planning a summer staycation in 2021. Of those planning a trip, 44% said that they or someone in their party will be taking or hiring a bike whilst on the trip, most notably their partners (28%) or children (15%). The report thus estimates 12.4 million bikes being used on staycations across the UK in the summer of 2021.
Competitive Landscape:
Major players operating in the global e-bike market include, Dott, GRACE, Jiangsu Xinri E-Vehicle Co. Ltd., Panasonic, Giant Bicycles, Pedego, Stromer, Electric Bike Technologies LLC, Derby Cycle AG, Easy Motion, Superpedestrian, Bosch, Trek, BionX, Yadea Technology Group Co. Ltd., and Accell Group.
Major players operating in the global e-bike market are focused on launching new products to expand their product portfolio. For instance, in October 2021, Dott launched its new e-bikes, with the first vehicles now available on the streets of Paris. The company plans to operate 3,000 e-bikes in the city by the end of 2021 and expand its presence in Rome, Milan, Brussels and London.
Similarly, in August 2020, Delfast launched new Delfast Cross Dirt electric bike with a top speed of 80 km/h (50 mph) and 3,000W continuous, 5,000W peak-rated rear hub motor.
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Market Segmentation:
By Type
- Mountain Bike
- Road Bike
- City Bike
- Cargo Bike
- Others
By Battery Type
- Lead Acid
- Nickel-cadmium
- Nickel-metal Hydride
- Lithium-ion
By Motor
- Hub Motor
- Mid Motor
By Operation Mode
- Battery/Peddle Operated
- Throttle Operated
By Region
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
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