E-bike Market

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study - E-bike Market
    1.2 Product and Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency Exchange Rates
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Research Assumptions and Limitations
           2.6.1 Assumptions
           2.6.2 Limitations

3 Executive Summary (Page No. - 25)

4 Premium Insights (Page No. - 29)
    4.1 Attractive Opportunities in the Global E-Bike Market
    4.2 Asia Pacific Leads the global Market in 2018
    4.3 Market, By Class
    4.4 Market, By Battery Type
    4.5 Market, By Motor Type
    4.6 Market, By Mode
    4.7 Market, By Usage

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Concerns About Traffic Congestion
                    5.2.1.2 Rapid Urbanization
                    5.2.1.3 Government Initiatives to Reduce Emission Level
                    5.2.1.4 Growing Bicycle Tourism Industry
           5.2.2 Restraints
                    5.2.2.1 Underdeveloped Aftermarket Services
                    5.2.2.2 Technological Challenges
                    5.2.2.3 Unplanned Infrastructure in Developing Countries
           5.2.3 Opportunities
                    5.2.3.1 Government Initiatives to Regulate electric bikes & Improve Infrastructure for electric bikes
                    5.2.3.2 Bike Sharing
           5.2.4 Challenges
                    5.2.4.1 Limited Distribution Channels
                    5.2.4.2 Misconstrued Perception About Cycling

6 Industry Trends (Page No. - 41)
    6.1 Technology Overview
           6.1.1 Introduction
           6.1.2 Motor Drive Technology
           6.1.3 Battery Technology
    6.2 Regulatory Overview
    6.3 Porter’s Five Forces

7 E-Bike Market, By Class (Page No. - 48)
    7.1 Introduction
    7.2 Class-I
           7.2.1 Class-I Segment Complies With the E-Bike Laws and Regulations of Many Countries
    7.3 Class-Ii
           7.3.1 Reasonable Prices Will Drive Growth Opportunities for the Class-Ii Segment in North America
    7.4 Class-Iii
           7.4.1 Class-Iii Segment is Expected to Be A Potential Solution for Car Replacement; Hence It is the Fastest Growing Market Among All Categories

8 E-Bike Market, By Battery Type (Page No. - 53)
    8.1 Introduction
    8.2 Lithium-Ion
           8.2.1 Oem Shift Toward Lightweight Bikes Will Boost the Demand for Lithium-Ion Batteries During the Forecast Period
    8.3 Lithium-Ion Polymer
           8.3.1 Increase in Demand for Lightweight Bikes and Improved Safety Will Drive the Growth of Lithium-Ion Polymer Batteries During the Forecast Period
    8.4 Lead Acid
           8.4.1 Technological Limitations are Expected to Decrease the Sales of Lead Acid Batteries During the Forecast Period
    8.5 Others
           8.5.1 Adoption of Solid-State Batteries Could Provide Growth Opportunities for the Segment

9 E-Bike Market, By Motor Type (Page No. - 59)
    9.1 Introduction
    9.2 Hub Motor
           9.2.1 Shift in Interests of electric bike Oems Towards Lightweighting Will Decrease the Growth of Hub Motors During the Forecast Period (2018–2025)
    9.3 Mid Motor
           9.3.1 Increase in Demand for Lightweight and Better Quality electric bike Will Boost the Demand for Mid Motors Segment

10 E-Bike Market, By Mode (Page No. - 63)
     10.1 Introduction
     10.2 Pedal Assist Mode
             10.2.1 Pedal Assist Mode Abides By the electric bike Laws and Regulations of Most Countries Across the Globe, Which Will Help Boost Its Demand During the Forecast Period
     10.3 Throttle Mode
             10.3.1 Throttle Type electric two wheelers Segment is Expected to Witness Negative Growth Owing to Incompatibility With E-Bike Laws and Regulations of Many Countries

11 E-Bike Market, By Region (Page No. - 67)
     11.1 Introduction
     11.2 Asia Pacific
             11.2.1 China
                        11.2.1.1 Market Saturation and Selective Bans Play Spoilsport in China
             11.2.2 Japan
                        11.2.2.1 Japan on Track to Remain Second-Largest Market in Asia
             11.2.3 Taiwan
                        11.2.3.1 Taiwanese Market to Post Double-Digit Growth Despite Shrinking Demand of Mountain Bikes
             11.2.4 South Korea
                        11.2.4.1 South Korea to Be the Fastest Growing Market in Asia
             11.2.5 India
                        11.2.5.1 All Usage Applications to Expand in India
     11.3 Europe
             11.3.1 Germany
                        11.3.1.1 Despite Slowing Growth, Germany to Retain Regional; Leadership in Europe
             11.3.2 The Netherlands
                        11.3.2.1 Saturation Leading to Slower Growth in the Netherlands
             11.3.3 Belgium
                        11.3.3.1 Tax Benefits, Tourism to Boost Demand of electric bikes in Belgium
             11.3.4 France
                        11.3.4.1 Policy Tailwinds to Make France the Fastest Growing Market in Europe
             11.3.5 Italy
                        11.3.5.1 All Usage Applications to Post Double-Digit Growth Rates in Italy
             11.3.6 Rest of Europe (RoE)
                        11.3.6.1 RoE Market to Expand in Line With Europe
     11.4 North America
             11.4.1 Canada
                        11.4.1.1 Canada to Be the Fastest Expanding E-Bike Market in North America
             11.4.2 US
                        11.4.2.1 Secular Demand Trends to Help United States in Posting Double-Digit CAGR

12 Competitive Landscape (Page No. - 87)
     12.1 electric bike Manufacturers
             12.1.1 Overview
             12.1.2 E-Bike Market Ranking Analysis
             12.1.3 Competitive Scenario
                        12.1.3.1 Contracts & Agreements
                        12.1.3.2 New Product Developments
                        12.1.3.3 Expansions
                        12.1.3.4 Mergers & Acquisitions
             12.1.4 Competitive Leadership Mapping
                        12.1.4.1 Visionary Leaders
                        12.1.4.2 Innovators
                        12.1.4.3 Dynamic Differentiators
                        12.1.4.4 Emerging Companies
     12.2 Component Suppliers
             12.2.1 Overview
             12.2.2 E-Bike Component Suppliers: Market Ranking Analysis
             12.2.3 Competitive Scenario
                        12.2.3.1 Contracts & Agreements
                        12.2.3.2 New Product Developments
                        12.2.3.3 Expansions
                        12.2.3.4 Mergers & Acquisitions
             12.2.4 Competitive Leadership Mapping
                        12.2.4.1 Visionary Leaders
                        12.2.4.2 Innovators
                        12.2.4.3 Dynamic Differentiators
                        12.2.4.4 Emerging Companies

13 Company Profiles (Page No. - 104)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 E-bike Market Manufacturers
             13.1.1 Yamaha Motor Company
             13.1.2 Giant Manufacturing Co. Ltd.
             13.1.3 Accell Group N.V.
             13.1.4 Aima Technology Group Co. Ltd.
             13.1.5 Yadea Group Holdings Ltd
             13.1.6 Pedego Electric Bikes
             13.1.7 Merida Industry Co. Ltd
             13.1.8 Trek Bicycle Corporation
             13.1.9 Specialized Bicycle Components, Inc.
     13.2 Component Suppliers
             13.2.1 Robert Bosch GmbH
             13.2.2 Samsung SDI Co. Ltd.
             13.2.3 Continental AG
             13.2.4 Panasonic Corporation
             13.2.5 LG Chem Ltd
             13.2.6 Johnson Matthey Battery Systems
             13.2.7 Shimano
             13.2.8 BMZ GmbH
             13.2.9 Brose Fahrzeugteile

*Details on E-bike Market Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies

14 Appendix (Page No. - 139)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
             14.3.1 Additional Company Profiles
                        14.3.1.1 Business Overview
                        14.3.1.2 SWOT Analysis
                        14.3.1.3 Recent Developments
                        14.3.1.4 MnM View
                        14.3.1.5 Who–Supplies–Whom Data
             14.3.2 Region and Country Specific E-Bike Market, By Value and Volume
     14.4 Related Reports
     14.5 Author Details

List of Tables (52 Tables)

Table 1 Currency Exchange Rates (WRT USD)
Table 2 Technology Developments in E-Bike: 1881–2018
Table 3 Electric Bikes Regulation in Europe
Table 4 Regulation in US
Table 5 Regulation in Asia
Table 6 Regulation in Asia (Taiwan)
Table 7 Regulation in Asia (China)
Table 8 Regulation in Asia (India)
Table 9 E-Bike Market, By Class, 2016–2025 (Units)
Table 10 Class-I: Market, By Region, 2016–2025 (Units)
Table 11 Class-Ii: Market, By Region, 2016–2025 (Units)
Table 12 Class-Iii: Market, By Region, 2016–2025 (Units)
Table 13 E-Bike Market, By Battery Type, 2016–2025 (Units)
Table 14 Lithium-Ion Battery: Market, By Region, 2016–2025 (Units)
Table 15 Lithium-Ion Polymer Battery: Market, By Region, 2016–2025 (Units)
Table 16 Lead Acid Battery: Market, By Region, 2016–2025 (Units)
Table 17 Others: Market, By Region, 2016–2025 (Units)
Table 18 Market, By Motor Type, 2016–2025 (Units)
Table 19 Hub Motor: Market, By Region, 2016–2025 (Units)
Table 20 Mid Motor: Market, By Region, 2016–2025 (Units)
Table 21 Market, By Mode, 2016–2025 (Units)
Table 22 Pedal Assist Type: Market, By Region, 2016–2025 (Units)
Table 23 Throttle Type: Market, By Region, 2016–2025 (Units)
Table 24 Market, By Region, 2016–2025 (Units)
Table 25 Market, By Region, 2016–2025 (USD Billion)
Table 26 Asia Pacific: Market, By Country, 2016–2025 (Units)
Table 27 Asia Pacific: Market, By Country, 2016–2025 (USD Billion)
Table 28 China: E-bike Market, By Usage, 2016–2025 (Units)
Table 29 Japan: Market, By Usage, 2016–2025 (Units)
Table 30 Taiwan: Market, By Usage, 2016–2025 (Units)
Table 31 South Korea: Market, By Usage, 2016–2025 (Units)
Table 32 India: Market, By Usage, 2016–2025 (Units)
Table 33 Europe: Market, By Country, 2016–2025 (Units)
Table 34 Europe: Market, By Country, 2016–2025 (USD Billion)
Table 35 Germany: Market, By Usage, 2016–2025 (Units)
Table 36 The Netherlands: Market, By Usage, 2016–2025 (Units)
Table 37 Belgium: Market, By Usage, 2016–2025 (Units)
Table 38 France: Market, By Usage, 2016–2025 (Units)
Table 39 Italy: Market, By Usage, 2016–2025 (Units)
Table 40 RoE: Market, By Usage, 2016–2025 (Units)
Table 41 North America: Market, By Country, 2016–2025 (Units)
Table 42 North America: Market, By Country, 2016–2025 (USD Billion)
Table 43 Canada: Market, By Usage, 2016–2025 (Units)
Table 44 US: Market, By Usage, 2016–2025 (Units)
Table 45 Contracts & Agreements, 2015–2018
Table 46 New Product Developments, 2015–2018
Table 47 Expansions, 2015–2018
Table 48 Mergers & Acquisitions, 2015–2018
Table 49 Contracts & Agreements, 2015–2018
Table 50 New Product Developments, 2015–2018
Table 51 Expansions, 2015–2018
Table 52 Mergers & Acquisitions, 2015–2018

List of Figures (44 Figures)

Figure 1 E-Bike Market: Market Segmentation
Figure 2 Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market: Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Global Market: Market Dynamics
Figure 8 Market, By Region, 2018–2025 (USD Billion)
Figure 9 Market, By Class, 2018 vs 2025 (Million Units)
Figure 10 Increasing Concerns About Vehicle Emission and Traffic Congestion Will Drive the Market During the Forecast Period
Figure 11 E-Bike Market Share, By Region, 2025 (USD Billion)
Figure 12 Class I Segment to Hold the Largest Market Share, 2018 vs 2025 (Units)
Figure 13 Lithium Ion Battery is Expected to Hold the Largest Market Share By 2025 (Units)
Figure 14 Hub Motor to Hold the Largest Market Share, 2018 vs 2025 (Units)
Figure 15 Pedal Assist to Hold the Largest Market Share, 2018 vs 2025 (Units)
Figure 16 City/Urban Bikes to Hold the Largest Market Share, 2018 vs 2025 (Units)
Figure 17 Market: Market Dynamics
Figure 18 Porter’s Five Forces: Automotive Software Market
Figure 19 Class-I Segment is Estimated to Lead the Market During the Forecast Period (2018–2025)
Figure 20 Lithium-Ion Battery is Estimated to Lead the Market During the Forecast Period (Units)
Figure 21 Mid Motor Segment is Expected to Grow at A Higher CAGR During the Forecast Period (2018–2025)
Figure 22 Pedal Assist Mode is Estimated to Lead the Market During the Forecast Period (Units)
Figure 23 Asia Pacific is Expected to Dominate the Market During the Forecast Period
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Europe: E-Bike Market Snapshot
Figure 26 North America: Market Snapshot (2018)
Figure 27 Companies Adopted Expansions as the Key Growth Strategy, 2015–2018
Figure 28 Market Ranking Analysis, 2016
Figure 29 Electric Bike Competitive Mapping, 2018
Figure 30 Companies Adopted Expansions as the Key Growth Strategy, 2015–2018
Figure 31 E-Bike Market Ranking Analysis, 2016
Figure 32 Electric Bike Component Suppliers Competitive Mapping, 2018
Figure 33 Yamaha Motor Company: Company Snapshot
Figure 34 Giant Manufacturing Co. Ltd.: Company Snapshot
Figure 35 Accell Group N.V.: Company Snapshot
Figure 36 Yadea Group Holdings Ltd: Company Snapshot
Figure 37 Merida Industry Co. Ltd: Company Snapshot
Figure 38 Robert Bosch GmbH: Company Snapshot
Figure 39 Samsung SDI Co. Ltd.: Company Snapshot
Figure 40 Continental AG: Company Snapshot
Figure 41 Panasonic Corporation: Company Snapshot
Figure 42 LG Chem Ltd: Company Snapshot
Figure 43 Johnson Matthey Battery Systems: Company Snapshot
Figure 44 Shimano : Company Snapshot

The study involves four main activities to estimate the current size of the e-bike market. Exhaustive secondary research was done to collect information on the market such as sales of different types of electric bikes in Asia Pacific, Europe, and North America. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. A bottom-up approach was employed to estimate the complete market size of different segments considered in this study.

Secondary Research

The secondary sources referred to in this research study include automotive industry associations, the Confederation of the European Bicycle Industry, Europe (CONEBI), People for Bikes (US), Canadian Electric Bicycle Association (Canada), China Electric Bike Association; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and electric bike associations. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by multiple industry experts.

Primary Research

Extensive primary research was conducted after acquiring an understanding of the scenario of the e-bike market through secondary research. Several primary interviews were conducted with the market experts from both demand- side (OEM) and supply-side (e-bike component manufacturers) across 3 major regions, namely, North America, Europe, and Asia Pacific. Primary data was collected through questionnaires, emails, and telephonic interviews. In our canvassing of primaries, we strived to cover various departments within organizations, which included sales, operations, and administration, to provide a holistic viewpoint of the e-bike market in our report.

After interacting with the industry participants, we conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the opinions of the in-house subject-matter experts, led us to the findings as described in this report.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach was used to estimate and validate the total size of the e-bike market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets have been identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of volume, have been determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. All parameters that are said to affect the markets covered in this research study have been accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The data was triangulated by studying various factors and trends in the demand and supply sides in the e-bike market.

Report Objectives

• To define, segment, analyze, and forecast the market size, in terms of volume and value, of the market
• To provide a detailed analysis of numerous factors influencing the market (drivers, restraints, opportunities, and challenges)
• To define, describe, project, and provide a detailed analysis of various factors influencing the market based on class, battery type, motor type, mode, and usage
• To project the market across 3 key region-wise markets, namely, Asia Pacific, Europe, and North America
• To analyze regional markets for growth trends, future prospects, and their contribution to the overall market
• To analyze opportunities for stakeholders and provide details of the competitive landscape for market leaders
• To strategically shortlist and profile key players and comprehensively analyze their market shares and core competencies
• To analyze recent developments, alliances, joint ventures, product innovations, and mergers & acquisitions in the market

Scope of the Report

This research report categorizes the market on the basis of class, battery type, motor type, mode type, and usage.

E-bike Market, By Class

• Class I
• Class II
• Class III

Market, By Battery Type

• Lithium Ion
• Lithium Ion Polymer
• Lead Acid
• Others (Nickel Cadmium, Nickel Metal Hydride, and Solid State Batteries)

Market, By Motor Type

• Mid Motor
• Hub Motor

Market, By Mode

• Throttle
• Pedal Assist

Market, By Usage

• Mountain/Trekking bikes
• City/Urban
• Cargo
• Others (Cruise, racing, etc)

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance with company-specific needs.

The following customization options are available for the report:

Additional Company Profiles

• Business Overview
• SWOT Analysis
• Recent Developments
• MnM View

Country level analysis of e-bike market, by Class

Country level analysis of market, by Motor Type

Country level analysis of market, by Battery Type