Market Overview:
The global electric assist bicycle market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric bicycles as a mode of transportation, especially in developed countries such as Europe and North America. Additionally, the increasing popularity of e-bikes for recreational purposes is also contributing to the growth of this market. The global electric assist bicycle market can be segmented on the basis of type into lead-acid battery, lithium ion battery and others. The lead-acid battery segment is expected to account for a major share of the global electric assist bicycle market during the forecast period owing to its low cost and easy availability compared with other types of batteries such as lithium ion batteries. However, with advancements in technology, lithium ion batteries are becoming increasingly popular due their high energy density and longer life cycle than lead acid batteries. This is likely to result in an increase in demand for lithium ion powered e-bikes over traditional lead acid powered bikes during the forecast period. On basis application Global Electric Assist Bicycle Market can be classified into commuter bikes and entertainment bikes segments Entertainment bike includes E-bike racing ,E mountain biking etc . Among these two segments commuter bike has higher adoption rate because it helps people save time by avoiding traffic congestion .Whereas entertainment bike are used mainly for leisure activities .
Product Definition:
An electric assist bicycle is a bicycle with an integrated electric motor that provides assistance while the rider is pedaling. The electrical assistance can be provided in various ways, including a throttle or pedal-assist mode.
The purpose of electric assist bicycles is to provide an alternative form of transportation that is more environmentally friendly and efficient than traditional gasoline-powered vehicles.
Lead-acid battery:
Lead-acid battery is the most common type of rechargeable battery used in portable consumer electronics such as mobile phones, cameras, and tablets. Lead-acid batteries are inexpensive and widely available; however their low energy density makes them less effective for high power applications. In addition, they have a higher risk of catching fire when charging than other types of rechargeable batteries due to the presence of sulfuric acid present in their electrolyte.
Lithium ion battery:
Lithium ion battery is a rechargeable battery that uses lithium as its positive and electron as its negative electrode. It can be used in portable devices such as smartphones, tablets, and e-bikes. Lithium ion batteries are smaller than conventional batteries; they have a higher energy density owing to which they can be used in more powerful electronic equipment with the same size package. They also provide better performance for less power consumption which makes them ideal for use in electric assist bicycle market.
Application Insights:
The commuter segment dominated the global electric assist bicycle market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing urbanization and rising disposable income among consumers in emerging economies such as China, India, Brazil and so on. Furthermore, governments are taking initiatives for encouraging people to use e-bikes for commuting which is further likely to propel demand over the coming years.
The entertainment segment was valued at USD Clerke of 2016 but this figure is expected to grow at a CAGR of XX% from 2017 to 2030 due largelyto increased participation by women riders across various countries including U.S., Germany, UK and so on according these bicycles have become more popular among female riders than males mainly because it helps them exercise while having fun especially during holidays or weekends away from home thus driving up demand globally.
Regional Analysis:
North America dominated the global market in 2017. The growing popularity of electric assist bicycles is majorly attributed to rising concerns over increasing levels of air pollution and greenhouse gas emissions caused by conventional bicycle riding. According to the American Lung Association, in 2015, 33.9 million people in U.S.
Asia Pacific is expected to be the fastest growing regional market from 2018 to 2030 owing to increasing government initiatives for promoting green transportation practices across various countries including China, Japan.
Growth Factors:
- Increasing demand for electric assist bicycles from the e-commerce sector
- Growing popularity of electric assist bicycles among millennials
- Rising awareness about the benefits of using electric assist bicycles
- Proliferation of online platforms that offer information on electric assist bicycles
- Government initiatives and schemes to promote the use of electric assist bicycles
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Assist Bicycle Market Research Report
By Type
Lead-acid battery, Lithium ion battery, Others
By Application
Commuter, Entertainment
By Companies
Bafang Electric, BionX International, Brose Fahrzeugteile, Continental, DAPU Motors, Derby Cycle Holding, J.D. Components, Nidec, Ortlinghaus-Werke, Panasonic, Bafang Electric, Shimano, TDCM, Yamaha Motors
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Electric Assist Bicycle Market Report Segments:
The global Electric Assist Bicycle market is segmented on the basis of:
Types
Lead-acid battery, Lithium ion battery, Others
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
Commuter, Entertainment
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:
- Bafang Electric
- BionX International
- Brose Fahrzeugteile
- Continental
- DAPU Motors
- Derby Cycle Holding
- J.D. Components
- Nidec
- Ortlinghaus-Werke
- Panasonic
- Bafang Electric
- Shimano
- TDCM
- Yamaha Motors
Highlights of The Electric Assist Bicycle 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:
- Lead-acid battery
- Lithium ion battery
- Others
- By Application:
- Commuter
- Entertainment
- 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 Electric Assist Bicycle 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand 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?
Electric assist bicycles are bicycles with an electric motor that helps the rider to pedal. They are often called e-bikes, but they can also be referred to as pedelecs or power bikes.
Some of the key players operating in the electric assist bicycle market are Bafang Electric, BionX International, Brose Fahrzeugteile, Continental, DAPU Motors, Derby Cycle Holding, J.D. Components, Nidec, Ortlinghaus-Werke, Panasonic, Bafang Electric, Shimano, TDCM, Yamaha Motors.
The electric assist bicycle market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Assist Bicycle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Assist Bicycle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Assist Bicycle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Assist Bicycle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Assist Bicycle Market Size & Forecast, 2018-2028
4.5.1 Electric Assist Bicycle Market Size and Y-o-Y Growth
4.5.2 Electric Assist Bicycle Market Absolute $ Opportunity
Chapter 5 Global Electric Assist Bicycle Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Assist Bicycle Market Size Forecast by Type
5.2.1 Lead-acid battery
5.2.2 Lithium ion battery
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Assist Bicycle Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Assist Bicycle Market Size Forecast by Applications
6.2.1 Commuter
6.2.2 Entertainment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Assist Bicycle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Assist Bicycle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Assist Bicycle Analysis and Forecast
9.1 Introduction
9.2 North America Electric Assist Bicycle Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Assist Bicycle Market Size Forecast by Type
9.6.1 Lead-acid battery
9.6.2 Lithium ion battery
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Assist Bicycle Market Size Forecast by Applications
9.10.1 Commuter
9.10.2 Entertainment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Assist Bicycle Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Assist Bicycle Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Assist Bicycle Market Size Forecast by Type
10.6.1 Lead-acid battery
10.6.2 Lithium ion battery
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Assist Bicycle Market Size Forecast by Applications
10.10.1 Commuter
10.10.2 Entertainment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Assist Bicycle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Assist Bicycle Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Assist Bicycle Market Size Forecast by Type
11.6.1 Lead-acid battery
11.6.2 Lithium ion battery
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Assist Bicycle Market Size Forecast by Applications
11.10.1 Commuter
11.10.2 Entertainment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Assist Bicycle Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Assist Bicycle Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Assist Bicycle Market Size Forecast by Type
12.6.1 Lead-acid battery
12.6.2 Lithium ion battery
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Assist Bicycle Market Size Forecast by Applications
12.10.1 Commuter
12.10.2 Entertainment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Assist Bicycle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Assist Bicycle Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Assist Bicycle Market Size Forecast by Type
13.6.1 Lead-acid battery
13.6.2 Lithium ion battery
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Assist Bicycle Market Size Forecast by Applications
13.10.1 Commuter
13.10.2 Entertainment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Assist Bicycle Market: Competitive Dashboard
14.2 Global Electric Assist Bicycle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bafang Electric
14.3.2 BionX International
14.3.3 Brose Fahrzeugteile
14.3.4 Continental
14.3.5 DAPU Motors
14.3.6 Derby Cycle Holding
14.3.7 J.D. Components
14.3.8 Nidec
14.3.9 Ortlinghaus-Werke
14.3.10 Panasonic
14.3.11 Bafang Electric
14.3.12 Shimano
14.3.13 TDCM
14.3.14 Yamaha Motors
