Insights Into the World Market for eBikes (2019-2025): Increasing Concern about Emission & Traffic Congestion Will Boost Demand - ResearchAndMarkets.com

The "E-bike
Market by Class, Battery Type (Lithium-ion, Lithium-ion polymer, Lead
Acid), Motor Type (Mid, Hub), Mode (Throttle, Pedal Assist), Usage, and
Region (Asia Pacific, Europe, North America) - Global Forecast to 2025"
report has been added to ResearchAndMarkets.com's
offering.

The global e-bike market is estimated to be USD 21.1 billion in 2018 and
is projected to reach USD 38.6 billion by 2025, at a CAGR of 9.01%.

The report segments the e-bike market, by volume, on the basis of region
(Asia Pacific, Europe, North America), class (class-I, class-II,
class-III), battery type (lithium-ion, lithium-ion polymer, lead acid,
and others), motor (hub motor and mid motor), mode (pedal assist and
throttle), and usage (mountain trekking, city/urban, cargo, and others).

This report contains various levels of industry analysis and company
profiles, which highlight emerging and high-growth segments of this
market, competitive mapping, and market dynamics (drivers, restraints,
opportunities, & challenges).

E-bikes use different types of batteries such as lithium ion, lithium
ion polymer, nickel metal hydride, and lead acid. The lead-acid battery
is widely used in electric bikes due to its low cost and ease of
recycling. On the other hand, the demand for Li-ion batteries has grown
at a significant rate because of their high capacity, small size, and
low weight. E-bikes can be classified as pedal assist or pedelec and
power-on-demand or throttle.

Advancements in technology have helped the bicycle industry meet the
increasing customer demand and become future ready. Batteries represent
a major focus area for manufacturers with better range, efficiency,
compact size, and lightweight. Also, the industry is focusing on
introducing advanced features in e-bikes such as anti-theft, sensors,
and smart monitoring e-bike systems.

Rapid urbanization and traffic congestion have discouraged people from
using a car as motorized transportation. Instead, many people now prefer
to use e-bikes for the daily commute. These vehicles are cheaper than
cars and, except for class III bikes, do not require a driving license.
In addition, e-bikes are a sustainable means of transportation and can
leverage existing and future mainstream EV charging infrastructures.
Also, the growing demand for e-bikes among tourists augurs well for the
growth of the market.

Governing bodies in various cities have launched initiatives to build
bicycle highway lanes for e-bikes and motorized vehicles. In addition,
they are also focusing on improving the biking infrastructure. Many
governments plan to develop two-way bike lanes on one-way streets to
ensure quick commuting of cycles. This will encourage people to use
e-bikes for the daily commute.

Yamaha Motor Corporation (Japan), Giant Manufacturing Co. Ltd (Taiwan),
Accell Group N.V (Netherlands), Aima Technology Group Co. Ltd (China),
and Yadea Group Holdings Ltd (China) are some of the leading players in
the e-bike market.

Market Dynamics

Drivers

• Increasing Concerns About Traffic Congestion
• Rapid Urbanization
• Government Initiatives to Reduce Emission Level
• Growing Bicycle Tourism Industry

Restraints

• Underdeveloped Aftermarket Services
• Technological Challenges
• Unplanned Infrastructure in Developing Countries

Opportunities

• Government Initiatives to Regulate E-Bikes & Improve Infrastructure
  for E-Bikes
• Bike Sharing

Challenges

• Limited Distribution Channels
• Misconstrued Perception About Cycling

Reasons to Buy the Report

The report enables new entrants and smaller firms as well as established
firms to understand the market better to help them acquire a larger
market share. Firms purchasing the report could use any one or a
combination of the 4 strategies (market development, product
development/innovation, market diversification, and competitive
assessment) mentioned below to strengthen their position in the market.

The report provides insights into the following points:

• Market Penetration: The report offers comprehensive information about
  the e-bike market and the top players in the market.
• Product Development/Innovation: The report provides detailed insights
  into upcoming technologies, R&D activities, and new product launches
  in the e-bike market.
• Market Development: The report offers comprehensive information about
  the e-bike market. The report analyzes the e-bike market across
  regions and provides comprehensive information about lucrative
  emerging markets.
• Market Diversification: The report provides exhaustive information
  about new products, untapped regional markets, recent developments,
  and investments in the e-bike market.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 E-Bike Market, By Class

8 E-Bike Market, By Battery Type

9 E-Bike Market, By Motor Type

10 E-Bike Market, By Mode

11 E-Bike Market, By Region

12 Competitive Landscape

13 Company Profiles

• Accell Group N.V.
• Aima Technology Group Co. Ltd.
• Bmz GmbH
• Brose Fahrzeugteile
• Continental AG
• Giant Manufacturing Co. Ltd.
• Johnson Matthey Battery Systems
• LG Chem Ltd.
• Merida Industry Co. Ltd.
• Panasonic Corporation
• Pedego Electric Bikes
• Robert Bosch GmbH
• Samsung SDI Co. Ltd.
• Shimano
• Specialized Bicycle Components Inc.
• Trek Bicycle Corporation
• Yadea Group Holdings Ltd.
• Yamaha Motor Company

For more information about this report visit https://www.researchandmarkets.com/r/2kc9l

View source version on businesswire.com: https://www.businesswire.com/news/home/20190522005512/en/