Inclination Towards Use of E-Bikes is Driving in the Global E-Bike Market

Published: Jan 2022

The global e-bike market is anticipated to grow at a considerable CAGR of 14.5% during the forecast period (2021-2027). Consumers are inclining towards the use of E-bikes as an eco-friendly and efficient solution to protect the environment. There is an increase in Global carbon emission by fuel combustion has been a major concern for government and environmentalists for the past few years. Additionally, rise in urban air pollution and traffic congestion also the rise in the cost of fuel whereas electric bikes can also be charged from solar power these are the factors that led people to switch from fuel bikes to electric bikes, and due to these factors, the market will drive during the forecast period. For instance, 

Browse the full report description of "Global E-Bikes Market Size, Share & Trends Analysis Report by Propulsion Type (Pedal Assisted And Throttle Assisted), by Power (Less Than and Equal To 250W and Above 250W), and by Battery Type (Li-Ion Battery And Lead Acid Battery) Forecast Period (2021-2027)" at https://www.omrglobal.com/industry-reports/e-bikes-market

    • In June 2021, Bird launched a bird bike and smart bike-share platform to meet the demand for eco-friendly transportation. Bird bike-share e-bike will share micro-mobility to center stage of eco-friendly transportation in cities by providing more than 150 million zero-emission trips globally. Additionally with shared e-bikes the company partner with cities that do not have an existing bike or scooter sharing network to offer the highest quality vehicles and designs operations to meet the mobility need of the riders.

    • In November 2021, Studio and LAVO partnered to create hydrogen-powered e-bikes that are designed to take advantage of the higher energy-to-weight ratio offered by hydrogen glue cells. LAVO's hybrid hydrogen battery uses solar energy to extract hydrogen from water and the e-bike can carry heavy cargo over long distances and it can store 40kWh of hydrogen that could power the average Australian home off-grid for up to two days.

Market Coverage

    • The market number available for – 2020-2027

    • Base year- 2020

    • Forecast period- 2021-2027

    • Segment Covered- 

o By Propulsion Type

o By Power

o By Battery

    • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

    • Competitive Landscape- Accell Group, Ancheer, Giant Bicycles, Merida & Centurion, Pon Holdings B.V, Robert Bosch GmbH, Shimano Inc., Trek Bicycle Corp., and others.

Key questions addressed by the report

    • What is the market growth rate?

    • Which segment and region dominate the market in the base year?

    • Which segment and region will project the fastest growth in the market?

    • How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

    • Who is the leader in the market?

    • How players are addressing challenges to sustain growth?

    • Where is the investment opportunity?

Global E-Bike Market Report by Segment

By Product

    • Pedal assisted

    • Throttle assisted

By Power

    • Less Than and Equal To 250W

    • Above 250W

    • By Battery

    • Li-Ion Battery

    • Lead Acid Battery

Global E-Bike market Report by Region

North America

    • US

    • Canada

Europe

    • UK

    • Germany

    • Italy

    • Spain

    • France

    • Rest of Europe 

Asia-Pacific

    • China

    • India

    • Japan

    • South Korea

    • Rest of Asia-Pacific 

Rest of the World

    • Latin America 

    • Middle East & Africa

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