E-Bike Market by Battery Type and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40480

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The e-bike market has the potential to grow by 15805.67 thousand units during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.22%.

This e-bike market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by battery type (SLA battery and Li-ion battery) and geography (APAC, Europe, North America, South America, and MEA). The e-bike market report also offers information on several market vendors, including Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH and Co. KG, Giant Manufacturing Co. Ltd., Klever Mobility Europe GmbH, Riese and Müller GmbH, Yadea Group Holdings Ltd., Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electric Vehicle Co. Ltd. among others.

What will the E-bike Market Size be in 2021?

E-bike-Market-Market-Size-2020-2025

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E-bike Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The declining cost of Li-ion batteries is notably driving the e-bike market growth, although factors such as product recall due to possible failures may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the e-bike industry get your FREE report sample now.

  • The decline in the cost of Li-ion batteries will drive the growth of the e-bikes market during the forecast period.
  • The cost of Li-ion batteries is declining due to industrial and technological advances, such as improvements in mining practices and the optimal utilization of resources.
  • The growth in the adoption of EVs in the global automotive market has provided economies of scale benefits to Li-ion battery manufacturers, which has reduced its cost and has made them feasible for adoption in e-bikes.
  • The increasing volume of production and improvements in manufacturing efficiency are also reducing the cost of Li-ion batteries.
  • The declining cost of Li-ion batteries is reducing the production cost of e-bikes, which will increase their sales during the forecast period.
  • The popularity of connected e-bikes, one of the key e-bikes market trends, will have a significant impact on market growth.
  • With the integration of connectivity features, e-bikes have the potential to become a part of the seamless mobility-as-a-service (MaaS).
  • Connected e-bikes enable service providers to monitor the SoC of batteries, which facilitates timely maintenance.
  • Yulu bikes, a bike-sharing company based in India, provides connected e-bikes that are equipped with swappable Li-ion batteries on rent.
  • Connected e-bikes can enhance the bike-sharing business model and evolve it to make it an integral part of urban mobility.

This e-bike market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major E-bike Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accell Group NV
  • BH BIKES EUROPE SL
  • Derby Cycle Holding GmbH
  • Georg Fritzmeier GmbH and Co. KG
  • Giant Manufacturing Co. Ltd.
  • Klever Mobility Europe GmbH
  • Riese and Müller GmbH
  • Yadea Group Holdings Ltd.
  • Yamaha Motor Co. Ltd.
  • Zhejiang Luyuan Electric Vehicle Co. Ltd.

 

The e-bike market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the e-bike market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for E-bike Market?

E-bike-Market-Market-Share-by-Region-2020-2025

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55% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for e-bikes in APAC. However, market growth in APAC will be slower than the growth of the market in other regions.

The increasing popularity of shared mobility and growing acceptance of micro-mobility will facilitate the e-bike market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Battery Type Segments in the E-bike Market?

E-bike-Market-Market-Share-by-Battery Type-2020-2025

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The e-bike market share growth by the SLA battery segment will be significant during the forecast period. SLA batteries are partially sealed and have vents to eliminate gases that are accidentally formed while overcharging. They are widely available across regions as they offer high output efficiency, especially at temperatures below 68°F. As SLA batteries cost less than Li-ion batteries, they are a highly preferred type of batteries for low-power EVs such as e-bikes and e-scooters.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the e-bike market size.

 

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What are the Key Factors Covered in this E-bike Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive e-bike market growth during the next five years
  • Precise estimation of the e-bike market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the e-bike industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of e-bike market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The e-bike market growth will increase by $15805.67 thousand units during 2020-2025.
The e-bike market is expected to grow at a CAGR of 7.22% during 2020-2025.
Technavio has segmented the e-bike market by other1 (SLA battery and Li-ion battery) and geographic (APAC, Europe, North America, South America, and MEA).
Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH and Co. KG, Giant Manufacturing Co. Ltd., Klever Mobility Europe GmbH, Riese and Müller GmbH, Yadea Group Holdings Ltd., Yamaha Motor Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd. are a few of the key vendors in the e-bike market.
APAC will register the highest growth rate of 54.92% among the other regions. Therefore, the e-bike market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • Germany
  • The Netherlands
  • Japan
  • US
The key factors driving the e-bike market growth are:
  • Declining cost of Li ion batteries
The e-bike market vendors should focus on grabbing business opportunities from the sla battery segment as it accounted for the largest market share in the base year.
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