Electric Cargo Bike Market

Key Highlights of the Report

How are the major segments performing in the Electric Cargo Bike market?

• In 2022, the lithium-ion battery segment held most of the market. Lithium-ion batteries are increasingly used in electric bicycles because of cutting-edge technology, expanded range possibilities, long battery lifespans, and quick charging capabilities.
• In 2022, two-wheeled bikes became increasingly popular as recreational vehicles, which is why the market has grown significantly.
• Due to the growth of e-commerce in developing nations and the COVID-19 pandemic, which boosted online delivery, the courier and parcel service providers segment dominated the market in 2022.

Which region dominated the electric cargo bike market?

In 2022, Asia Pacific had the greatest market share primarily due to e-bikes becoming a more common daily form of transportation worldwide. The industry has seen a rise in e-bike unit sales due to its advantages, such as health advantages, affordable mobility options, and riding convenience. In 2022, the APAC e-bike market sold around 16.2 million units. Over the historical period, China, Japan, and Indonesia accounted for a sizable portion of the total unit sales. In terms of volume, China accounted for almost 90% of the global e-bike market in 2022. Since then, though, the market’s growth has been slow and practically saturated.

How is US Market Performing in the electric cargo bike market?

The popularity of riding low-speed two-wheelers has increased recently, which has led to the emergence of the US e-bike market. Shortly, it’s anticipated that the expanded inclusion of more e-bikes by various bike-sharing operators as part of their fleet expansion will promote the rise of these bikes’ sales.

How is the economy impacting the global electric cargo bike market growth?

The confrontation between Russia and Ukraine, the post-Covid-19 outbreak, and other significant circumstances could impact the demand for electric freight bikes. The disagreement would affect the industry’s logistics and supply chain, raising costs and making it harder to find raw materials, restricting expansion. The COVID-19 outbreak and its subsequent spread had a negative effect on the market for automobile sensors, which in turn affected customer demand for electric freight bikes. This resulted in a decline in their revenue. The market’s growth trajectory thus halted in the first half of 2020. Through the first quarter of 2021, this continued.

What is the competitive environment of the electric cargo bike market?

The global market for electric cargo bikes is competitive, with numerous businesses competing everywhere. Leading companies are growing their operations and gaining a larger part of the market. Throughout the predicted term, market participants should expand their geographic reach through acquisitions. Market expansion and the drive to provide new goods in various areas are anticipated to be fueled by improvements in the global economy and the expanding automotive sector in emerging markets. For instance, Amazon Inc. declared in April 2021 that it is concentrating on employing electric cargo bikes for last-mile deliveries. This is a significant breakthrough for the distribution and logistics sector because it will encourage other businesses to sort and deliver goods to customers more quickly, particularly in densely crowded metropolises.

Executive Summary

What are the key trends in the Electric Cargo Bike market?

• Electric cargo bikes are oriented to gain traction in the paddle-assisted, electric mobility vehicle segment due to the technology race in the automobile industry. While transporting people or products, a tilting system offers an agile, responsive, and smooth ride.
• To increase the total performance criteria, major producers of electric freight bikes are working to provide lightweight, affordable vehicles. Electric cargo bikes are lightweight, feature small bicycle frames, and are simple to control.

What is the market overview of the Electric Cargo Bike Market?

Batteries are utilized to store electrical energy in electric freight bikes since they contain chemical energy. Due to changes in the automotive and transportation industries, non-renewable petroleum reserves have been rapidly depleted, increasing fuel prices. This increase is predicted to be exponential in the upcoming years as crude oil reserves continue to decline, resulting in high demand and paving the way for the creation of cars powered by alternative energy sources. Furthermore, the use of petroleum-based products as a fuel in the automotive industry is growing daily. In an effort to reduce this worldwide consumption, manufacturers and governments are encouraging the adoption of alternatives like electric cargo bikes, which are substantially more fuel-efficient than conventional cargo bikes. Electric cargo bikes and bicycle logistics are emerging as a practical, sustainable, non-congested, and inclusive alternative for first- and last-mile deliveries, general logistical service provision, and family vehicles as cities struggle with traffic congestion that results in noise and air pollution.

Which are the key investments by the electric cargo bike market players?

Foreign firms are anticipated to increase their market share through acquisitions during the forecasted period. Market expansion is anticipated to be fueled by improvements in the state of the global economy and the developing automotive sector in emerging economies, prompting players to introduce new products internationally. Nexzu introduced its new Roadlark line of electric cargo cycles for users in India in May 2021. The bikes will be offered for sale for Rs. 42,000. The bike can go at a top speed of 25 mph and has a carrying capacity of 50 kg. To appeal to end customers in the European market, Citroen has announced the debut of its new Ami electric quadricycle, which weighs less than 425 kg. A 5.5 kWh lithium-ion battery pack serves as its power source. The tbike flex, an electric bike and cargo delivery platform designed for last-mile delivery operations with the company’s exclusive AIoT platform, was unveiled by Smartron in December 2020.

Some major players in the electric cargo bike market are Accell Group NV, Aima Technology Group Co. Ltd, Bakfiets.nl, DOUZE Factory SAS, Jiangsu Xinri E-Vehicle Co. Ltd, Jinhua Jobo Technology Co., Pedego Electric Bikes, Rad Power Bikes, Riese & Müller and RYTLE GmbH.

What are the Major Driving Factors for the Electric Cargo Bike Market?

The rising environmental concern globally is the primary element influencing the CAGR for electric cargo bikes. The growing government investments have greatly influenced the market expansion to promote using renewable energy sources and environmentally friendly alternatives. Compared to two-wheelers, the sales of three-wheeled freight bikes are expanding more quickly. In the upcoming years, industry growth is anticipated to be positively impacted by the quick technical developments and innovations to create inexpensive and low-emission transportation options.

The market for electric cargo bikes is expanding due to rising product development spending to create bikes with high performance, large load-carrying capacity, and minimal maintenance requirements. One of the market trends for electric cargo bikes fostering the sector’s expansion is the increase in bicycle technology developments. Yet, these bikes’ restricted range and sluggish speed are two significant barriers restricting the market share of electric cargo motorcycles. Also, throughout the anticipated period from 2022 to 2030, rising environmental restrictions in the European Region would generate considerable potential prospects for the market revenue for electric cargo bikes.

What are the Major Risks for the Electric Cargo Bike Market?

One of the deciding elements when buying an e-bike is the price. Conventional bicycles typically cost around USD 400. However, electric bikes cost between USD 1,500 and 1,700 and can cost up to USD 5,000, with some premium models costing almost twice that much. The cost of an electric bike varies by location. For instance, the higher cost of electric bikes is a byproduct of Europe and North America being more technologically developed and tech-oriented. A potential consumer may need help purchasing this bike because of its price sensitivity in the Asia-Oceanic region.

Which is the key battery type in the electric cargo bike market?

Due to its superior charging and discharging performance, high charge density, and lightweight when compared to lead- and nickel-based batteries, lithium-ion batteries are widely employed. By 2030, lithium-ion batteries are anticipated to dominate this market and make up more than 80% of sales. Lithium-ion batteries are used in electric cargo bikes. They are anticipated to have strong sales numbers in the upcoming years since they offer higher performance, reduced maintenance costs, and are environmentally benign.

How is the electric cargo bike market performing in regions?

Asia Pacific held the largest market share in 2022, mostly due to e-bikes becoming a more widely used mode of transportation worldwide. Due to its beneficial characteristics, including its health benefits, cost-effective mobility options, and the convenience of riding, the industry has experienced increased e-bike unit sales.

In recent years, electric bike sales in Europe have surged, with significant electric bike sales occurring in Germany, Belgium, and the Netherlands, among other nations. This results from people’s increasing desire to use electric bikes for transportation, recreation, and sports. In addition, the subsidies and tax incentives programs for electric bikes in Sweden, Belgium, and France would further help the market’s notable expansion in Europe during the projection period. The market for electric cargo bikes is growing in North America since the demand for last-mile delivery services is increasing due to increasing online retail business in the region.

What are the major players planning for the future of the electric cargo bike market?

The market for electric cargo bikes will expand even further as major industry participants make significant R&D investments to diversify their product offerings. Market participants are also engaging in various strategic activities to increase their global footprint. Important market developments include introducing new products, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. One of the most important business strategies used by manufacturers in the global electric cargo bike market to assist customers and expand the market sector is local manufacturing to reduce operational costs.

Segmentation of Global Electric Cargo Bike Market-

Global Electric Cargo Bike Market – By Product Type

• Two-wheeled Bikes
• Three-wheeled Bikes
• Four-wheeled Bikes

Global Electric Cargo Bike Market – By Battery Type

• Lead-based
• Nickel-based
• Lithium-ion

Global Electric Cargo Bike Market – By End Use

• Courier & Parcel Service Providers
• Large Retail Suppliers
• Personal Transportation
• Service Delivery
• Waste, Municipal Services

Global Electric Cargo Bike Market – By Region

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • France
  • U.K.-
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

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. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Electric Cargo Bike Market
2.2. Electric Cargo Bike Market, By Product Type
2.3. Electric Cargo Bike Market, By Battery Type
2.4. Electric Cargo Bike Market, By End Use
2.5. Electric Cargo Bike Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Electric Cargo Bike Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Product Type
3.5.2. Battery Type
3.5.3. End Use
3.5.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Technology Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Electric Cargo Bike Market
7.1. Electric Cargo Bike Market, By Product Type, 2017-2030(US$ Bn)
7.1.1. Overview
7.1.2. Electric Cargo Bike Market, By Product Type, 2022 vs 2030 (in%)
7.1.3. Electric Cargo Bike Market, By Two-wheeled Bikes, 2017-2030 (US$ Bn)
7.1.4. Electric Cargo Bike Market, By Three-wheeled Bikes, 2017-2030 (US$ Bn)
7.1.5. Electric Cargo Bike Market, By Four-wheeled Bikes, 2017-2030 (US$ Bn)
7.2. Electric Cargo Bike Market, by Battery Type, 2017-2030(US$ Bn)
7.2.1. Overview
7.2.2. Electric Cargo Bike Market, By Battery Type, 2022 vs 2030 (in%)
7.2.3. Electric Cargo Bike Market, By Lead-based, 2017-2030 (US$ Bn)
7.2.4. Electric Cargo Bike Market, By Nickel-based, 2017-2030 (US$ Bn)
7.2.5. Electric Cargo Bike Market, By Lithium-ion, 2017-2030 (US$ Bn)
7.3. Electric Cargo Bike Market, By End Use, 2017-2030(US$ Bn)
7.3.1. Overview
7.3.2. Electric Cargo Bike Market, By End Use, 2022 vs 2030 (in%)
7.3.3. Electric Cargo Bike Market, By Courier & Parcel Service Providers, 2017-2030 (US$ Bn)
7.3.4. Electric Cargo Bike Market, By Large Retail Suppliers, 2017-2030 (US$ Bn)
7.3.5. Electric Cargo Bike Market, By Personal Transportation, 2017-2030 (US$ Bn)
7.3.6. Electric Cargo Bike Market, By Service Delivery, 2017-2030 (US$ Bn)
7.3.7. Electric Cargo Bike Market, By Waste, Municipal Services, 2017-2030 (US$ Bn)

8. North America Electric Cargo Bike Market Analysis
8.1. North America Electric Cargo Bike Market, By Product Type, 2017-2030(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Electric Cargo Bike Market, by Battery Type, 2017-2030(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Electric Cargo Bike Market, By End Use, 2017-2030(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
8.4.1. U.S.
8.4.1.1. U.S. Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.4.1.2. U.S. Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
8.4.1.3. U.S. Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
8.4.1.4. U.S. Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
8.4.2. Canada
8.4.2.1. Canada Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
8.4.2.2. Canada Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
8.4.2.3. Canada Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
8.4.2.4. Canada Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)

9. Europe Electric Cargo Bike Market Analysis
9.1. Europe Electric Cargo Bike Market, By Product Type, 2017-2030(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Electric Cargo Bike Market, by Battery Type, 2017-2030(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Electric Cargo Bike Market, By End Use, 2017-2030(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
9.4.1. Germany
9.4.1.1. Germany Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.1.2. Germany Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
9.4.1.3. Germany Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
9.4.1.4. Germany Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
9.4.2. France
9.4.2.1. France Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.2.2. France Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
9.4.2.3. France Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
9.4.2.4. France Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
9.4.3. UK
9.4.3.1. UK Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.3.2. UK Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
9.4.3.3. UK Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
9.4.3.4. UK Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
9.4.4. Italy
9.4.4.1. Italy Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.4.2. Italy Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
9.4.4.3. Italy Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
9.4.4.4. Italy Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
9.4.5. Spain
9.4.5.1. Spain Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.5.2. Spain Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
9.4.5.3. Spain Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
9.4.5.4. Spain Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
9.4.6. Rest of Europe
9.4.6.1. Rest of Europe Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
9.4.6.2. Rest of Europe Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
9.4.6.3. Rest of Europe Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
9.4.6.4. Rest of Europe Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)

10. Asia Pacific Electric Cargo Bike Market Analysis
10.1. Asia Pacific Electric Cargo Bike Market, By Product Type, 2017-2030(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Electric Cargo Bike Market, by Battery Type, 2017-2030(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Electric Cargo Bike Market, By End Use, 2017-2030(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
10.4.1. China
10.4.1.1. China Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.1.2. China Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
10.4.1.3. China Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
10.4.1.4. China Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
10.4.2. Japan
10.4.2.1. Japan Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.2.2. Japan Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
10.4.2.3. Japan Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
10.4.2.4. Japan Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
10.4.3. India
10.4.3.1. India Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.3.2. India Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
10.4.3.3. India Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
10.4.3.4. India Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
10.4.4. South Korea
10.4.4.1. South Korea Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.4.2. South Korea Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
10.4.4.3. South Korea Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
10.4.4.4. South Korea Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
10.4.5. South-East Asia
10.4.5.1. South-East Asia Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.5.2. South-East Asia Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
10.4.5.3. South-East Asia Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
10.4.5.4. South-East Asia Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
10.4.6. Rest of Asia Pacific
10.4.6.1. Rest of Asia Pacific Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
10.4.6.2. Rest of Asia Pacific Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
10.4.6.3. Rest of Asia Pacific Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
10.4.6.4. Rest of Asia Pacific Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)

11. Latin America Electric Cargo Bike Market Analysis
11.1. Latin America Electric Cargo Bike Market, By Product Type, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Electric Cargo Bike Market, by Battery Type, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Electric Cargo Bike Market, By End Use, 2017-2030(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
11.4.1. Brazil
11.4.1.1. Brazil Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.1.2. Brazil Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
11.4.1.3. Brazil Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
11.4.1.4. Brazil Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
11.4.2. Mexico
11.4.2.1. Mexico Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.2.2. Mexico Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
11.4.2.3. Mexico Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
11.4.2.4. Mexico Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
11.4.3. Rest of Latin America
11.4.3.1. Rest of Latin America Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.3.2. Rest of Latin America Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
11.4.3.3. Rest of Latin America Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
11.4.3.4. Rest of Latin America Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)

12. Middle East and Africa Electric Cargo Bike Market Analysis
12.1. Middle East and Africa Electric Cargo Bike Market, By Product Type, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Electric Cargo Bike Market, by Battery Type, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Electric Cargo Bike Market, By End Use, 2017-2030(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
12.4.1. GCC Countries
12.4.1.1. GCC Countries Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.1.2. GCC Countries Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
12.4.1.3. GCC Countries Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
12.4.1.4. GCC Countries Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
12.4.2. South Africa
12.4.2.1. South Africa Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.2.2. South Africa Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
12.4.2.3. South Africa Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
12.4.2.4. South Africa Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)
12.4.3. Rest of Middle East and Africa
12.4.3.1. Rest of Middle East and Africa Electric Cargo Bike Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.3.2. Rest of Middle East and Africa Electric Cargo Bike, By Product Type, 2017-2030 (US$ Bn)
12.4.3.3. Rest of Middle East and Africa Electric Cargo Bike, By Battery Type, 2017-2030 (US$ Bn)
12.4.3.4. Rest of Middle East and Africa Electric Cargo Bike, By End Use, 2017-2030 (US$ Bn)

13. Company Profiles
13.1. Accell Group NV
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2022)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Aima Technology Group Co. Ltd.
13.3. Bakfiets.nl
13.4. DOUZE Factory SAS
13.5. Jiangsu Xinri E-Vehicle Co. Ltd.
13.6. Jinhua Jobo Technology Co.
13.7. Pedego Electric Bikes
13.8. Rad Power Bikes
13.9. Riese & Müller
13.10. RYTLE GmbH
13.11. Smart Urban Mobility B.V
13.12. Tern Bicycles
13.13. The Cargo Bike Company
13.14. Xtracycle Inc.
13.15. XYZ CARGO
13.16. Yadea Group Holdings Ltd.
13.17. YUBA BICYCLES LLC.

List of Figures
FIG. 1 Electric Cargo Bike Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Electric Cargo Bike Market Segmentation
FIG. 4 Electric Cargo Bike Market, By Product Type, 2022 (US$ Bn)
FIG. 5 Electric Cargo Bike Market, by Battery Type, 2022 (US$ Bn)
FIG. 6 Electric Cargo Bike Market, By End Use, 2022 (US$ Bn)
FIG. 7 Electric Cargo Bike Market, by Geography, 2022 (US$ Bn)
FIG. 8 Attractive Investment Proposition, By Product Type, 2022
FIG. 9 Attractive Investment Proposition, by Battery Type, 2022
FIG. 10 Attractive Investment Proposition, By End Use, 2022
FIG. 11 Attractive Investment Proposition, by Geography, 2022
FIG. 12 Global Market Share Analysis of Key Electric Cargo Bike Market Manufacturers, 2022
FIG. 13 Global Market Positioning of Key Electric Cargo Bike Market Manufacturers, 2022
FIG. 14 Electric Cargo Bike Market Value Contribution, By Product Type, 2022 & 2030 (Value %)
FIG. 15 Electric Cargo Bike Market, by Two-wheeled Bikes, Value, 2017-2030 (US$ Bn)
FIG. 16 Electric Cargo Bike Market, by Three-wheeled Bikes, Value, 2017-2030 (US$ Bn)
FIG. 17 Electric Cargo Bike Market, by Four-wheeled Bikes, Value, 2017-2030 (US$ Bn)
FIG. 18 Electric Cargo Bike Market Value Contribution, By Battery Type, 2022 & 2030 (Value %)
FIG. 19 Electric Cargo Bike Market, by Lead-based, Value, 2017-2030 (US$ Bn)
FIG. 20 Electric Cargo Bike Market, by Nickel-based, Value, 2017-2030 (US$ Bn)
FIG. 21 Electric Cargo Bike Market, by Lithium-ion, Value, 2017-2030 (US$ Bn)
FIG. 22 Electric Cargo Bike Market Value Contribution, By End Use, 2022 & 2030 (Value %)
FIG. 23 Electric Cargo Bike Market, by Courier & Parcel Service Providers, Value, 2017-2030 (US$ Bn)
FIG. 24 Electric Cargo Bike Market, by Large Retail Suppliers, Value, 2017-2030 (US$ Bn)
FIG. 25 Electric Cargo Bike Market, By Personal Transportation, 2017-2030 (US$ Bn)
FIG. 26 Electric Cargo Bike Market, By Service Delivery, 2017-2030 (US$ Bn)
FIG. 27 Electric Cargo Bike Market, By Waste, Municipal Services, 2017-2030 (US$ Bn)
FIG. 28 U.S. Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 29 Canada Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 30 Germany Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 31 France Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 32 U.K. Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 33 Italy Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 34 Spain Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 35 Rest of Europe Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 36 China Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 37 Japan Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 38 India Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 39 South Korea Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 40 Southeast Asia Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 41 Rest of Asia Pacific Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 42 Latin America Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 43 Brazil Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 44 Mexico Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 45 Rest of Latin America Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 46 Middle East & Africa Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 47 GCC Countries Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 48 South Africa Electric Cargo Bike Market, 2017-2030 (US$ Bn)
FIG. 49 Rest of Middle East and Africa Electric Cargo Bike Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Electric Cargo Bike Market
TABLE 2 Electric Cargo Bike Market, by Competitive Benchmarking, 2022
TABLE 3 Electric Cargo Bike Market, by Geographical Presence Analysis, 2022
TABLE 4 Electric Cargo Bike Market, by Key Strategies Analysis, 2022
TABLE 5 Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 6 Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 7 Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 8 Electric Cargo Bike Market, by Geography, 2017-2030 (US$ Bn)
TABLE 9 North America Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 10 North America Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 11 North America Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 12 North America Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
TABLE 13 US Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 14 US Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 15 US Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 16 Canada Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 17 Canada Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 18 Canada Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 19 Europe Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 20 Europe Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 21 Europe Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 22 Europe Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
TABLE 23 Germany Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 24 Germany Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 25 Germany Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 26 France Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 27 France Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 28 France Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 29 UK Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 30 UK Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 31 UK Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 32 Italy Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 33 Italy Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 34 Italy Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 35 Spain Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 36 Spain Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 37 Spain Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 38 Rest of Europe Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 39 Rest of Europe Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 40 Rest of Europe Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 41 Asia Pacific Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 42 Asia Pacific Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 43 Asia Pacific Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 44 Asia Pacific Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
TABLE 45 China Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 46 China Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 47 China Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 48 Japan Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 49 Japan Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 50 Japan Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 51 India Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 52 India Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 53 India Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 54 South Korea Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 55 South Korea Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 56 South Korea Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 57 South East Asia Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 58 South East Asia Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 59 South East Asia Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 60 Rest of Asia Pacific Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 61 Rest of Asia Pacific Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 62 Rest of Asia Pacific Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 63 Latin America Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 64 Latin America Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 65 Latin America Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 66 Latin America Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
TABLE 67 Brazil Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 68 Brazil Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 69 Brazil Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 70 Mexico Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 71 Mexico Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 72 Mexico Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 73 Rest of Latin America Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 74 Rest of Latin America Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 75 Rest of Latin America Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 76 Middle East and Africa Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 77 Middle East and Africa Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 78 Middle East and Africa Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 79 Middle East and Africa Electric Cargo Bike Market, by Country, 2017-2030 (US$ Bn)
TABLE 80 GCC Countries Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 81 GCC Countries Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 82 GCC Countries Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 83 South Africa Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 84 South Africa Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 85 South Africa Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)
TABLE 86 Rest of Middle East and Africa Electric Cargo Bike Market, By Product Type, 2017-2030 (US$ Bn)
TABLE 87 Rest of Middle East and Africa Electric Cargo Bike Market, by Battery Type, 2017-2030 (US$ Bn)
TABLE 88 Rest of Middle East and Africa Electric Cargo Bike Market, By End Use, 2017-2030 (US$ Bn)