Worldwide E-Bike Industry to 2028 - Increased Demand for Eco-Friendly Transportation Drives Growth

DUBLIN, Dec. 23, 2022 /PRNewswire/ -- The "Global E-Bike Market 2022-2028" report has been added to  ResearchAndMarkets.com's offering.

The global e-bike market would register growth at a CAGR of 10.12% in the forecasted duration from 2022 to 2028.

Factors such as favorable incentives by the government to promote e-bikes, increased demand for eco-friendly transportation, and a growing number of people preferring e-bikes are boosting the growth of the market.

However, their high cost, an increasing number of product recalls in recent times, and problems related to distribution are likely to hamper this progress.

On the other hand, the increased usage of electric bikes for delivery services has created a growth opportunity for the market. Also, with the rise in fuel prices, e-bikes have emerged as an efficient solution. This is expected to aid the market reach the projected growth.

Regional Outlook 

The global market for e-bike spans across the Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa.

The Asia-Pacific accounts for the largest share of the e-bike market, globally. The users in this region are increasingly preferring electric bikes over conventional transportation modes, as they are eco-friendly, lightweight, cost-effective, and require less power.

Also, a rise in supportive government initiatives for environment-friendly vehicles and bikes is expected to add to the market's growth. A matter of concern, though, is the lack of a well-developed transport infrastructure, such as separate lanes for bikers and cycle stands, to accommodate their vehicles.

Competitive Outlook 

The leading companies profiled in the e-bike market report include Robert Bosch GmbH, LG Chem, Giant Manufacturing Co Ltd, Trek Bicycle Corporation, BMZ GmbH, Brose Fahrzeugteile SE & Co KG, Samsung SDI Co Ltd, Jiangsu Xinri E-Vehicle Co Ltd, Derby Cycle, Hero Electric, Accell Group, Stromer, QWIC, Yadea Group Holdings Ltd, Vmoto Limited, Shimano Inc, Golden Wheel Group, Vanmoof, Fuji-ta Bicycle Co Ltd, Silence Urban Ecomobility, Riese & Muller, NIU International, and Panasonic Corporation.

Accell Group is engaged in designing and manufacturing electric & hybrid bikes, mountain & racing bikes, and luxury bicycles. It manufactures its bikes under the Hercules, Batavus, Lapierre, Koga-Miyata, Loekie, Mercier, Winora, and Sparta brands. The group also produces bicycle accessories. Accell has a strong workforce of more than 3,400 employees. Its bikes and other related products are sold to dealers and consumers in over 80 countries, globally.

Key Topics Covered:

1. Global E-Bike Market - Summary

2. Industry Outlook
2.1. Key Insights
2.1.1. Increased Investments in Bicycling Infrastructure & Battery Technology
2.1.2. Growing Affordability Due to the E-Bike Sharing System
2.1.3. Cycling as a Fitness Trend is on the Rise
2.2. Impact of Covid-19 on the E-Bike Market
2.3. Porter's Five Forces Analysis
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Contracts & Partnerships
2.6.2. Business Expansions & Divestitures
2.6.3. Acquisitions & Mergers
2.6.4. New Product Launches & Investments
2.7. Market Drivers
2.7.1. Increased Demand for Eco-Friendly Transportation
2.7.2. Favorable Government Incentives
2.7.3. Increased Preference for E-Bikes
2.8. Market Challenges
2.8.1. High Cost of E-Bikes and Product Recalls
2.8.2. Problems Related to Distribution
2.9. Market Opportunities
2.9.1. Increased Usage of E-Bikes for Delivery Services
2.9.2. E-Bikes as a Solution to Rising Fuel Prices

3. Global E-Bike Market - by Product
3.1. Pedelecs
3.2. Throttle on Demand
3.3. Scooters
3.4. Motorcycles

4. Global E-Bike Market - by Drive Mechanism
4.1. Hub Motor
4.2. Mid-Drive

5. Global E-Bike Market - by Application
5.1. City/Urban
5.2. Trekking
5.3. Cargo

6. Global E-Bike Market - by Battery
6.1. Lithium-Ion
6.2. Lead-Acid

7. Global E-Bike Market - by Power
7.1. Less Than & Equal to 250 W
7.2. Above 250 W

8. Global E-Bike Market - Regional Outlook

9. Competitive Landscape
9.1. Accell Group
9.2. Bmz GmbH
9.3. Brose Fahrzeugteile Se & Co Kg
9.4. Derby Cycle
9.5. Fuji-Ta Bicycle Co Ltd
9.6. Giant Manufacturing Co Ltd
9.7. Jiangsu Xinri E-Vehicle Co Ltd
9.8. Lg Chem
9.9. Panasonic Corporation
9.10. Robert Bosch GmbH
9.11. Samsung Sdi Co Ltd
9.12. Shimano Inc
9.13. Golden Wheel Group
9.14. Trek Bicycle Corporation
9.15. Qwic
9.16. Vanmoof
9.17. Stromer
9.18. Riese & Muller
9.19. Yadea Group Holdings Ltd
9.20. Niu International
9.21. Silence Urban Ecomobility
9.22. Hero Electric
9.23. Vmoto Limited

10. Methodology & Scope

For more information about this report visit https://www.researchandmarkets.com/r/e8wfvg

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SOURCE Research and Markets