[194 Pages Report] The Electric Bike Market size was estimated at USD 30.27 billion in 2023 and expected to reach USD 33.82 billion in 2024, at a CAGR 11.83% to reach USD 66.24 billion by 2030.
The FPNV Positioning Matrix is pivotal in evaluating the Electric Bike Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electric Bike Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
The report delves into recent significant developments in the Electric Bike Market, highlighting leading vendors and their innovative profiles. These include Accell Group N.V., Aima Technology Group Co. Ltd., Benno Bikes LLC, Evelo Inc., Fritzmeier Systems GmbH & Co. KG, Giant Bicycles, Kalkhoff Werke, Merida Industry Co. Ltd., Pedego Inc., Propella Electric Bikes, Rad Power Bikes Inc., SONDORS Inc., Specialized Bicycle Components, Trek Bicycle Corporation, Yadea Technology Group Co.,Ltd., and Yamaha Motor Co., Ltd..
This research report categorizes the Electric Bike Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product
- Pedelecs
- Scooter & Motorcycle
- Speed Pedelecs
- Throttle on Demand
- Class
- Class-I
- Class-II
- Class-III
- Battery Type
- Lead Acid
- Lithium-Ion
- Lithium-Ion Polymer
- Sales Channel
- Distributor Sale
- OEM Sale
- Online Sale
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Electric Bike Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electric Bike Market?
- What are the technology trends and regulatory frameworks in the Electric Bike Market?
- What is the market share of the leading vendors in the Electric Bike Market?
- Which modes and strategic moves are suitable for entering the Electric Bike Market?
- Preface
- Research Methodology
- Executive Summary
- Market Overview
- Market Insights
- Electric Bike Market, by Product
- Electric Bike Market, by Class
- Electric Bike Market, by Battery Type
- Electric Bike Market, by Sales Channel
- Americas Electric Bike Market
- Asia-Pacific Electric Bike Market
- Europe, Middle East & Africa Electric Bike Market
- Competitive Landscape
- Competitive Portfolio
- List of Figures [Total: 24]
- List of Tables [Total: 378]
- List of Companies Mentioned [Total: 16]
The World Bank, the Small Industries Development Bank of India (SIDBI), and the National Institution for Transforming India (NITI Aayog) established a USD 1 billion fund on September 27, 2022, to give guarantees against loan defaults for the purchase of electric two- or three-wheelers to ultimately escalate the motivation for purchasing electric scooters among low to medium-income populations.
Recently, several high-profile personal meetings and summits organized in Bali, Bangkok, and Singapore have been using electric two-wheelers for attendees to move from their hotels to conference complexes. Local police are also driving electric scooters and motorcycles to escort delegates.
China has many companies in the electric two-wheeler industry because of the mature technology, vast and strong supply network, and relatively simple manufacturing.
Similarly, the Thai government plans to have 1 million electric vehicles on the road by 2025 and 15 million in another ten years under a new strategy unveiled in March 2022.
Given that countries in the region have established ambitious targets for converting ICE vehicles to electric, companies are also preparing to take advantage of the significant chance to sell their electric scooters in the Southeast Asian countries.
- How big is the Electric Bike Market?
- What is the Electric Bike Market growth?
- When do I get the report?
- In what format does this report get delivered to me?
- How long has 360iResearch been around?
- What if I have a question about your reports?
- Can I share this report with my team?
- Can I use your research in my presentation?