Market Overview:
The global battery-powered bike market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles, rising awareness about the benefits of using battery-powered bikes, and government initiatives and subsidies for electric vehicles. The global battery-powered bike market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into 12 inch, 14 inch, 16 inch, 20 inch 26 inch and other segments. The 12 Inch segment is expected to account for a major share in terms of revenue in 2018 owing to its low cost as compared with other types available in the market. However; it is also anticipated that this segment will witness a decline duringthe forecast period due to lackof innovationin this product category .
Product Definition:
A battery-powered bike, also known as an electric bike, is a bicycle that is propelled by a motor powered by electricity. The electricity may come from batteries or a generator driven by pedaling.
12 Inch:
12 inch is a standard wheel size that is widely used in the market for battery-powered bikes. It has high usage in electric bicycles, scooters, and skateboards. The growth factor of this segment can be attributed to increasing fuel prices and growing environmental concerns leading to an increase in sales of battery-powered vehicles.
14 Inch:
14 inch is a wheel size that is generally accepted as a standard for passenger bikes. It has become the most popular choice among consumers due to its versatility and suitability in various types of bicycles. 14 inch wheels are suitable for road, mountain, and urban type of bicycles. The growing trend towards lightweight bicycle frames has led to increased demand for smaller wheel sizes such as 14 inches owing to their ability to provide better handling characteristics along with improved performance at any speed.
Application Insights:
The age group of 20-40 years held the largest share in 2017. This is attributed to the increasing number of millennials, who prefer using battery-powered bikes over other modes of transport owing to their affordability and convenience. Furthermore, a growing number of colleges and universities has contributed positively to segment growth. For instance, University Of Delaware¢â‚¬â„¢s bicycle program has more than 500 electric bicycles in its fleet for students' commute which contributes significantly towards market growth across various regions globally.
Age groups above 40 are expected to show significant growth over the forecast period due largely on account of increasing health concerns among older people along with rising disposable income levels among them resulting in increased spending on fitness equipment such as stationary bikes which further propels product demand worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding health, fitness, and a clean environment among cyclists. Moreover, rising popularity of electric bicycles as a mode of transportation in U.S.
Asia Pacific region accounted for more than 30% share in 2017 owing to growing adoption of battery-powered vehicles across countries such as China.
Growth Factors:
- Increasing demand for battery-powered bikes from the e-commerce sector
- Rising popularity of cycling as a mode of transportation
- Government initiatives to promote the use of battery-powered bikes
- Growing awareness about the benefits of using battery-powered bikes
- Technological advancements in the design and functionality of battery-powered bikes
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery-Powered Bike Market Research Report
By Type
12 Inch, 14 Inch, 16 Inch, 20 Inch, 26 Inch, Other
By Application
Age <20, Age 20-40, Age >40
By Companies
Yadea, TAILG, Lvyuan, BYVIN, Sunra, Incalcu, Lvjia, Bodo, AIMA, Lima, OPAI, Birdie Electric, Qianxi Vehicle, Zuboo, Gamma, Mingjia, Lvneng, BDFSD, Xiaodao Ebike
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Battery-Powered Bike Market Report Segments:
The global Battery-Powered Bike market is segmented on the basis of:
Types
12 Inch, 14 Inch, 16 Inch, 20 Inch, 26 Inch, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Age <20, Age 20-40, Age >40
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yadea
- TAILG
- Lvyuan
- BYVIN
- Sunra
- Incalcu
- Lvjia
- Bodo
- AIMA
- Lima
- OPAI
- Birdie Electric
- Qianxi Vehicle
- Zuboo
- Gamma
- Mingjia
- Lvneng
- BDFSD
- Xiaodao Ebike
Highlights of The Battery-Powered Bike Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 12 Inch
- 14 Inch
- 16 Inch
- 20 Inch
- 26 Inch
- Other
- By Application:
- Age <20
- Age 20-40
- Age >40
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Battery-Powered Bike Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A battery-powered bike is a pedal-assist bicycle that uses a battery to provide power. This type of bike is typically lighter and faster than traditional bikes, making them perfect for commuting or recreational use.
Some of the major companies in the battery-powered bike market are Yadea, TAILG, Lvyuan, BYVIN, Sunra, Incalcu, Lvjia, Bodo, AIMA, Lima, OPAI, Birdie Electric, Qianxi Vehicle, Zuboo, Gamma, Mingjia, Lvneng, BDFSD, Xiaodao Ebike.
The battery-powered bike market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Battery-Powered Bike Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Battery-Powered Bike Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Battery-Powered Bike Market - Supply Chain
4.5. Global Battery-Powered Bike Market Forecast
4.5.1. Battery-Powered Bike Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Battery-Powered Bike Market Size (000 Units) and Y-o-Y Growth
4.5.3. Battery-Powered Bike Market Absolute $ Opportunity
5. Global Battery-Powered Bike Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Battery-Powered Bike Market Size and Volume Forecast by Type
5.3.1. 12 Inch
5.3.2. 14 Inch
5.3.3. 16 Inch
5.3.4. 20 Inch
5.3.5. 26 Inch
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Battery-Powered Bike Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Battery-Powered Bike Market Size and Volume Forecast by Application
6.3.1. Age <20
6.3.2. Age 20-40
6.3.3. Age >40
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Battery-Powered Bike Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Battery-Powered Bike Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Battery-Powered Bike Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Battery-Powered Bike Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Battery-Powered Bike Demand Share Forecast, 2019-2029
9. North America Battery-Powered Bike Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Battery-Powered Bike Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Battery-Powered Bike Market Size and Volume Forecast by Application
9.4.1. Age <20
9.4.2. Age 20-40
9.4.3. Age >40
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Battery-Powered Bike Market Size and Volume Forecast by Type
9.7.1. 12 Inch
9.7.2. 14 Inch
9.7.3. 16 Inch
9.7.4. 20 Inch
9.7.5. 26 Inch
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Battery-Powered Bike Demand Share Forecast, 2019-2029
10. Latin America Battery-Powered Bike Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Battery-Powered Bike Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Battery-Powered Bike Market Size and Volume Forecast by Application
10.4.1. Age <20
10.4.2. Age 20-40
10.4.3. Age >40
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Battery-Powered Bike Market Size and Volume Forecast by Type
10.7.1. 12 Inch
10.7.2. 14 Inch
10.7.3. 16 Inch
10.7.4. 20 Inch
10.7.5. 26 Inch
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Battery-Powered Bike Demand Share Forecast, 2019-2029
11. Europe Battery-Powered Bike Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Battery-Powered Bike Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Battery-Powered Bike Market Size and Volume Forecast by Application
11.4.1. Age <20
11.4.2. Age 20-40
11.4.3. Age >40
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Battery-Powered Bike Market Size and Volume Forecast by Type
11.7.1. 12 Inch
11.7.2. 14 Inch
11.7.3. 16 Inch
11.7.4. 20 Inch
11.7.5. 26 Inch
11.7.6. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Battery-Powered Bike Demand Share, 2019-2029
12. Asia Pacific Battery-Powered Bike Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Battery-Powered Bike Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Battery-Powered Bike Market Size and Volume Forecast by Application
12.4.1. Age <20
12.4.2. Age 20-40
12.4.3. Age >40
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Battery-Powered Bike Market Size and Volume Forecast by Type
12.7.1. 12 Inch
12.7.2. 14 Inch
12.7.3. 16 Inch
12.7.4. 20 Inch
12.7.5. 26 Inch
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Battery-Powered Bike Demand Share, 2019-2029
13. Middle East & Africa Battery-Powered Bike Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Battery-Powered Bike Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Battery-Powered Bike Market Size and Volume Forecast by Application
13.4.1. Age <20
13.4.2. Age 20-40
13.4.3. Age >40
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Battery-Powered Bike Market Size and Volume Forecast by Type
13.7.1. 12 Inch
13.7.2. 14 Inch
13.7.3. 16 Inch
13.7.4. 20 Inch
13.7.5. 26 Inch
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Battery-Powered Bike Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Battery-Powered Bike Market: Market Share Analysis
14.2. Battery-Powered Bike Distributors and Customers
14.3. Battery-Powered Bike Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yadea
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TAILG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lvyuan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BYVIN
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sunra
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Incalcu
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lvjia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bodo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. AIMA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lima
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OPAI
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Birdie Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Qianxi Vehicle
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zuboo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Gamma
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mingjia
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lvneng
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BDFSD
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Xiaodao Ebike
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook