Home / Automotive & Transportation / Electric Bicycles Market By Component (Controllers, Motors & Drivertrains, Batteries, Li-ion Batteries, SLA Batteries, Others), By Control System (Throttle Control, Pedal Assist), By Age Group (Below 15 Years, Above 15 Years), By Sales Channel (Online, Offline) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Electric Bicycles Market By Component (Controllers, Motors & Drivertrains, Batteries, Li-ion Batteries, SLA Batteries, Others), By Control System (Throttle Control, Pedal Assist), By Age Group (Below 15 Years, Above 15 Years), By Sales Channel (Online, Offline) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Dec 2018 | Report Code: 59463-12-18

Demand for Electric Bicycles to be Positively Influenced by Rising Concern among People towards Environment Preservation

The electric bicycle market expected to be growing at a compounded annual growth rate (CAGR) of 6.5% from 2018 to 2026 and reach US$ 25.64 Bn in 2026. What distinguishes an electric bicycle from a traditional bicycle is the presence of an integrated electric motor. The functionality of the motor lies in its ability to assist the rider's pedal-power. These bicycles use rechargeable battery and can travel at a speed of above 25km/hr. In the last couple of decades, the popularity of e-bicycles have grown manifold and there were around 210 million such bicycles used daily in 2016. China holds a major share of the overall market and the trend is expected to continue in the years to come. One of the most prominent factors aiding the adoption of e-bicycles can be attributed to rising concern among people towards environment preservation. The use of e-bicycles greatly reduces ecological footprints, air contamination and carbon emissions. The fact that these bicycles are not very expensive, further aids its adoption among people. Recent crisis and rise in the price of oil has promoted the use of ecological means of transportation, such as the electrical bicycle.

Market Synopsis

Electric Bicycles Market

Current Trends in the Electric Bicycle Market

With the e-bicycle market booming, people are becoming more and more demanding as per the features and looks are concerned. As per recent trends, e-bicycles are becoming lighter and better looking. Lighter weight bicycles are made up of light materials such as carbon or aluminum. Moreover, in order give an attractive appearance, the manufacturers are integrating the battery into the frame. In coming years, additional batteries are expected to become a common trend in order to extend the range of the e-bicycle. A Germany based company, Haibike, already has a model with the same concept.

In coming years, a growing number of urban and suburban residents would seek greener modes of transportation thereby complimenting the e-bicycle market growth. This is how electrical bicycles will be used as the pillar that could support individual public transport in large cities worldwide. According to statistics, about half of the trips and procedures of a normal urban person doesn’t cross 15 kms from his/her house, thereby helping the electric bicycle market to further flourish.

Electric Bicycles Market

Research and Development Activities to Center around Battery Improvements in Coming Years

Rechargeable battery acts as the source of power for every electric bicycle. With technological improvements, these batteries tend to get smaller, lighter and more powerful. Therefore, keeping the weight of a battery down and at the same time providing substantial range remains the top focus for electric bicycle battery manufacturers. Lithium batteries and lead acid batteries are the two most common type of batteries used in electric bicycles. Lead acid batteries owing to its low cost are finding application in entry-level electric bicycle models. However, in coming years, lithium ion batteries expected to find an increased application cross electric bicycles. One of the most important factor supporting the aforementioned sentence can be attributed to the fact that lithium ion batteries last longer and generate more power for their weight as compared to other batteries. However, high price of lithium ion batteries is an important factor offsetting its application in electric bicycles.

Electric Bicycles Market

Asia Pacific to remain the largest Market throughout the Forecast Period

Asia Pacific represents the largest market for electric bicycles worldwide and expected to register the fastest growth throughout the forecast period. China and India expected to remain in the forefront in terms of this growth. Moreover, the demand for electric bicycles in China is further supported by the low cost of these bicycles in the country. In recent years, China has been exporting electric bicycles in large number to the U.S. and European countries.

Europe and North America expected to remain other important markets for electric bicycles in the coming years. The presence of a large number of bicycle manufacturers headquartered in the region has helped the market to flourish. Moreover, in terms of technology, these regions have always remained in the forefront.

Electric Bicycles Market

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018-2026 – Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

The report elucidates the detailed outline of global electric bicycles market by categorizing the market in terms of component, control system, age group, sales channel and geography.

Component (2016–2026; US$ Bn)

  • Controllers
  • Motors & Drivetrains
  • Batteries
    • Li-ion Batteries
    • SLA Batteries
    • Others (NiCad and NiMH)

Control System (2016–2026; US$ Bn)

  • Throttle Control
  • Pedal Assist

Age Group (2016–2026; US$ Bn)

  • Below 15 years
  • Above 15 years

Sales Channel (2016–2026; US$ Bn)

  • Online
  • Offline

Geography Segment (2016–2026; US$ Bn)

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Rest of the World (RoW)
    • Middle East & Africa (MEA)
    • Latin America

Electric Bicycles Market

Key players profiled in the report include Accell Group, NYCeWheels, Easy Motion USA, Derby Cycle, Jiangsu Xinri E-Vehicle Co., Ltd., Moustache Bikes, Karbon Kinetics Limited, myStromer AG, A2B Electric Bikes and Pedego Electric Bikes among others.

Key questions answered in this report

  • What was the global Electric Bicycles market size in 2017 and forecast for 2026?
  • What are the current trends in the Electric Bicycles market?
  • What are the various valuable opportunities for the players in the market?
  • Which is the largest regional market for Electric Bicycles?
  • Which region expected to be the fastest growing and why?
  • What are the future prospects for the Electric Bicycles market?
  • What are the major drivers and restraints influencing the market growth?
  • What are the new innovations by the leading players?
  • What are the key strategies adopted by the leading players in market?

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Electric Bicycles Market
2.2 Global Electric Bicycles Market, By Component, 2017
2.3 Global Electric Bicycles Market, By Control System, 2017
2.4 Global Electric Bicycles Market, By Age Group, 2017
2.5 Global Electric Bicycles Market, By Sales Channel, 2017
2.6 Global Electric Bicycles Market, By Geography, 2017

Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Electric Bicycles Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Electric Bicycles Market Analysis, by Component, 2016 – 2026
4.1 Overview
4.2 Controllers
4.3 Motors & Drivertrains
4.4 Batteries
4.4.1 Li-ion Batteries
4.4.2 SLA Batteries
4.4.3 Others (NiCad and NiMH)

Chapter 5 Global Electric Bicycles Market Analysis, by Control System, 2016 – 2026
5.1 Overview
5.2 Throttle Control
5.3 Pedal Assist

Chapter 6 Global Electric Bicycles Market Analysis, by Age Group, 2016 – 2026
6.1 Overview
6.2 Below 15 years
6.3 Above 15 years

Chapter 7 Global Electric Bicycles Market Analysis, by Sales Channel, 2016 – 2026
7.1 Overview
7.2 Online
7.3 Offline

Chapter 8 North America Electric Bicycles Market Analysis, 2016 – 2026
8.1 Overview
8.2 North America Electric Bicycles Market Analysis, By Component, 2016 – 2026
8.2.1 Market Analysis
8.3 North America Electric Bicycles Market Analysis, By Control System, 2016 – 2026
8.3.1 Market Analysis
8.4 North America Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
8.4.1 Market Analysis
8.5 North America Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
8.5.1 Market Analysis
8.6 North America Electric Bicycles Market Analysis, By Country, 2016 – 2026
8.6.1 U.S.
8.6.2 Canada

Chapter 9 Europe Electric Bicycles Market Analysis, 2016 – 2026
9.1 Overview
9.2 Europe Electric Bicycles Market Analysis, By Component, 2016 – 2026
9.2.1 Market Analysis
9.3 Europe Electric Bicycles Market Analysis, By Control System, 2016 – 2026
9.3.1 Market Analysis
9.4 Europe Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
9.4.1 Market Analysis
9.5 Europe Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
9.5.1 Market Analysis
9.6 Europe Electric Bicycles Market Analysis, By Region/Country, 2016 – 2026
9.6.1 U.K.
9.6.1 Germany
9.6.2 France
9.6.3 Rest of Europe

Chapter 10 Asia Pacific Electric Bicycles Market Analysis, 2016 – 2026
10.1 Overview
10.2 Asia Pacific Electric Bicycles Market Analysis, By Component, 2016 – 2026
10.2.1 Market Analysis
10.3 Asia Pacific Electric Bicycles Market Analysis, By Control System, 2016 – 2026
10.3.1 Market Analysis
10.4 Asia Pacific Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
10.4.1 Market Analysis
10.5 Asia Pacific Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
10.5.1 Market Analysis
10.6 Asia Pacific Electric Bicycles Market Analysis, By Region/Country, 2016 – 2026
10.6.1 China
10.6.2 Japan
10.6.3 India
10.6.4 Rest of Asia Pacific

Chapter 11 Rest of the World (RoW) Electric Bicycles Market Analysis, 2016 – 2026
11.1 Overview
11.2 RoW Electric Bicycles Market Analysis, By Component, 2016 – 2026
11.2.1 Market Analysis
11.3 RoW Electric Bicycles Market Analysis, By Control System, 2016 – 2026
11.3.1 Market Analysis
11.4 RoW Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
11.4.1 Market Analysis
11.5 RoW Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
11.5.1 Market Analysis
11.6 RoW Electric Bicycles Market Analysis, By Country, 2016 – 2026
11.6.1 Middle East & Africa (MEA)
11.6.2 Latin America

Chapter 12 Company Profiles
12.1 Accell Group
12.2 NYCeWheels
12.3 Easy Motion USA
12.4 Derby Cycle
12.5 Jiangsu Xinri E-Vehicle Co.
12.6 Moustache Bikes
12.7 Karbon Kinetics Limited
12.8 myStromer AG
12.9 A2B Electric Bikes
12.10 Pedego Electric Bikes

Note:

  • Profiles of specific players, if required, shall be added to the report upon request

FIG. 1 Global Electric Bicycles: Market Segmentation
FIG. 2 Global Electric Bicycles Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Electric Bicycles Market, By Component, 2017 (US$ Bn)
FIG. 5 Global Electric Bicycles Market, By Control System, 2017 (US$ Bn)
FIG. 6 Global Electric Bicycles Market, By Age Group, 2017 (US$ Bn)
FIG. 7 Global Electric Bicycles Market, By Sales Channel, 2017 (US$ Bn)
FIG. 8 Global Electric Bicycles Market, By Geography, 2017 (US$ Bn)
FIG. 9 Global Electric Bicycles Market Value, 2016 – 2026, (US$ Bn)
FIG. 10 Attractive Investment Proposition, by Geography
FIG. 11 Market Positioning of Key Electric Bicycles Manufacturers, 2017
FIG. 12 Global Electric Bicycles Market Value Contribution, By Component, 2017 & 2026 (%)
FIG. 13 Global Electric Bicycles Market Value from Controllers, 2016 – 2026, (US$ Bn)
FIG. 14 Global Electric Bicycles Market Value from Motors & Drivertrains, 2016 – 2026, (US$ Bn)
FIG. 15 Global Electric Bicycles Market Value from Batteries, 2016 – 2026, (US$ Bn)
FIG. 16 Global Lio-ion Batteries Market Value, 2016 – 2026, (US$ Bn)
FIG. 17 Global SLA Batteries Market Value, 2016 – 2026, (US$ Bn)
FIG. 18 Global Other Batteries Market Value, 2016 – 2026, (US$ Bn)
FIG. 19 Global Electric Bicycles Market Value Contribution, By Control System, 2017 & 2026 (%)
FIG. 20 Global Electric Bicycles Market Value from Throttle Control, 2016 – 2026, (US$ Bn)
FIG. 21 Global Electric Bicycles Market Value from Pedal Assist, 2016 – 2026, (US$ Bn)
FIG. 22 Global Electric Bicycles Market Value Contribution, By Age Group, 2017 & 2026 (%)
FIG. 23 Global Electric Bicycles Market Value from Below 15 years, 2016 – 2026, (US$ Bn)
FIG. 24 Global Electric Bicycles Market Value from Above 15 years, 2016 – 2026, (US$ Bn)
FIG. 25 Global Electric Bicycles Market Value Contribution, By Sales Channel, 2017 & 2026 (%)
FIG. 26 Global Electric Bicycles Market Value from Online, 2016 – 2026, (US$ Bn)
FIG. 27 Global Electric Bicycles Market Value from Offline, 2016 – 2026, (US$ Bn)
FIG. 28 North America Electric Bicycles Market Value, 2016 – 2026, (US$ Bn)
FIG. 29 Europe Electric Bicycles Market Value, 2016 – 2026, (US$ Bn)
FIG. 30 Asia Pacific Electric Bicycles Market Value, 2016 – 2026, (US$ Bn)
FIG. 31 RoW Electric Bicycles Market Value, 2016 – 2026, (US$ Bn)

TABLE 1 Market Snapshot: Global Electric Bicycles Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Electric Bicycles Market Value, By Component, 2016 – 2026 (US$ Bn)
TABLE 5 North America Electric Bicycles Market Value, By Control System, 2016 – 2026 (US$ Bn)
TABLE 6 North America Electric Bicycles Market Value, By Age Group, 2016 – 2026 (US$ Bn)
TABLE 7 North America Electric Bicycles Market Value, By Sales Channel, 2016 – 2026 (US$ Bn)
TABLE 8 North America Electric Bicycles Market Value, By Country, 2016 – 2026 (US$ Bn)
TABLE 9 Europe Electric Bicycles Market Value, By Component, 2016 – 2026 (US$ Bn)
TABLE 10 Europe Electric Bicycles Market Value, By Control System, 2016 – 2026 (US$ Bn)
TABLE 11 Europe Electric Bicycles Market Value, By Age Group, 2016 – 2026 (US$ Bn)
TABLE 12 Europe Electric Bicycles Market Value, By Sales Channel, 2016 – 2026 (US$ Bn)
TABLE 13 Europe Electric Bicycles Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 14 Asia Pacific Electric Bicycles Market Value, By Component, 2016 – 2026 (US$ Bn)
TABLE 15 Asia Pacific Electric Bicycles Market Value, By Control System, 2016 – 2026 (US$ Bn)
TABLE 16 Asia Pacific Electric Bicycles Market Value, By Age Group, 2016 – 2026 (US$ Bn)
TABLE 17 Asia Pacific Electric Bicycles Market Value, By Sales Channel, 2016 – 2026 (US$ Bn)
TABLE 18 Asia Pacific Electric Bicycles Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
TABLE 19 RoW Electric Bicycles Market Value, By Component, 2016 – 2026 (US$ Bn)
TABLE 20 RoW Electric Bicycles Market Value, By Control System, 2016 – 2026 (US$ Bn)
TABLE 21 RoW Electric Bicycles Market Value, By Age Group, 2016 – 2026 (US$ Bn)
TABLE 22 RoW Electric Bicycles Market Value, By Sales Channel, 2016 – 2026 (US$ Bn)
TABLE 23 RoW Electric Bicycles Market Value, By Region, 2016 – 2026 (US$ Bn)
TABLE 24 Accell Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 25 NYCeWheels: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 26 Easy Motion USA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 27 Derby Cycle: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 28 Jiangsu Xinri E-Vehicle Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 29 Moustache Bikes: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 30 Karbon Kinetics Limited: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 31 myStromer AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 32 A2B Electric Bikes : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 33 Pedego Electric Bikes: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Choose License Type
Connect With Us
+1-800-361-8290
24/7 Research Support

Credence Webinars

Join Credence analysts to explore the latest IT Trends

view upcoming webinars

Our Clients