Market Overview:
The global electric bikes and electric scooters market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for environment-friendly modes of transportation, rising disposable income, and growing awareness about the benefits of using electric bikes and electric scooters. The global electric bikes and electric scooters market can be segmented on the basis of type into electric bicycles andelectric scooters. Electric bicycles are witnessing a higher demand as compared toelectric scooters owing to their lower price point, easy maneuverability,and low maintenance cost. On the basis of application,the market can be divided into distributionand direct-sale. The distribution segment is expectedto witness a higher growth rate as compared toretail sales owing tothe increasing popularityof e-commerce platforms worldwide.
Product Definition:
Electric Bikes and Electric Scooters are bicycles or scooters that have been electrically powered, either by a rechargeable battery or by an electric motor. They are popular alternatives to traditional bicycles and scooters because they do not require any pedaling, which can be difficult for some people, and they often have a greater range than traditional bikes. Electric Bikes and Electric Scooters can be used for transportation, exercise, or recreation.
Electric Bikes:
Electric bikes are motor-driven cycles using an electric drive system. They are designed with one or more electric motors (one or two in some cases), and may include the use of rechargeable batteries for power. The level of exercise performed by these vehicles is highly dependent on the design of the bike, as some require pedaling, while others are battery powered and can be used with a throttle.
Electric Scooters:
Electric scooters are motor-driven cycles that are designed for short-distance travel. They usually have a small single or multi-speed transmission with no clutch and a low center of gravity. The power source used to drive these vehicles is typically the same as that used to power the vehicle, i.e., an electric battery pack ( Usually rechargeable).
Application Insights:
The distribution segment dominated the global electric bikes and electric scooters market, accounting for more than half of the revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to rising product availability through online channels and retail stores. Distribution channel plays an important role in influencing a consumer¢â‚¬â„¢s decision regarding purchasing an electric bike or an electric scooter. Moreover, it also helps manufacturers reach target consumers easily through door-to-door delivery services which further supports the growth of this application segment.
The direct sale application accounted for a smaller market share as compared with distribution but is projected to grow at a rapid pace from 2018 to 2030 due to increased e-commerce penetration across various regions coupled with growing awareness regarding superior benefits offered by these products such as enhanced mobility, reduced cost and effort involved in transportation etcetera.
Regional Analysis:
North America dominated the global market in 2017. The growing popularity of electric bicycles and electric scooters for short-range commutes, urban travel, leisure rides, and as a replacement for cars is expected to drive the regional market over the forecast period. Increasing government initiatives such as tax incentives on battery-operated vehicles are anticipated to further propel product demand in North America. For instance, California has implemented AB2109 which provides several benefits to riders of battery-operated transportation devices including low or no sales tax on charging equipment installation at home or work place along with a monthly fee exemption certificate.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing government support towards adoption of ecofriendly transport solutions across countries such as China and Japan along with other Asian nations such as South Korea and India among others are anticipated boost regional demand over the forecast period.
Growth Factors:
- Increasing urbanization: The global population is increasingly moving to cities, and this is particularly true in developing countries. This migration has led to increased congestion and pollution in cities, which has created a need for alternative modes of transportation such as electric bikes and scooters.
- Rising income levels: As incomes rise around the world, people are able to afford more expensive modes of transportation such as electric bikes and scooters. This has helped fuel the growth of the electric bike and scooter market.
- Improved technology: The development of better batteries, motors, and other components has helped make electric bikes and scooters more affordable and reliable, which has further boosted their popularity.
- Environmental concerns: Concerns about climate change have led many people to seek out environmentally friendly forms of transportation such as electric bikes and scooters. This trend is likely to continue in the years ahead as awareness about climate change grows worldwide . 5) Government support: Governments around the world are beginning to recognize the benefits of electric bikes ansdscooters an are implementing policies that promote their use
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Bikes and Electric Scooters Market Research Report
By Type
Electric Bikes, Electric Scooters
By Application
Distribution, Direct-sale
By Companies
Yadea, AIMA, Accell Group, Giant, TAILG, XDAO, Dahon, SUNRA, Lvyuan, Jinjian, LIMA, Niu Technologies, BYYIN, Lvjia, Zuboo, Lvneng
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Electric Bikes and Electric Scooters Market Report Segments:
The global Electric Bikes and Electric Scooters market is segmented on the basis of:
Types
Electric Bikes, Electric Scooters
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
Distribution, Direct-sale
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
- AIMA
- Accell Group
- Giant
- TAILG
- XDAO
- Dahon
- SUNRA
- Lvyuan
- Jinjian
- LIMA
- Niu Technologies
- BYYIN
- Lvjia
- Zuboo
- Lvneng
Highlights of The Electric Bikes and Electric Scooters 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:
- Electric Bikes
- Electric Scooters
- By Application:
- Distribution
- Direct-sale
- 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 Bikes and Electric Scooters 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 bikes and electric scooters are powered by electricity. They typically have a battery that provides power to the motor, which helps you ride them.
Some of the major companies in the electric bikes and electric scooters market are Yadea, AIMA, Accell Group, Giant, TAILG, XDAO, Dahon, SUNRA, Lvyuan, Jinjian, LIMA, Niu Technologies, BYYIN, Lvjia, Zuboo, Lvneng.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Bikes and Electric Scooters 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 Bikes and Electric Scooters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Bikes and Electric Scooters 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 Bikes and Electric Scooters 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 Bikes and Electric Scooters Market Size & Forecast, 2020-2028
4.5.1 Electric Bikes and Electric Scooters Market Size and Y-o-Y Growth
4.5.2 Electric Bikes and Electric Scooters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Electric Bikes
5.2.2 Electric Scooters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Distribution
6.2.2 Direct-sale
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Bikes and Electric Scooters 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 Bikes and Electric Scooters 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Electric Bikes
9.6.2 Electric Scooters
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 Market Size Forecast by Applications
9.10.1 Distribution
9.10.2 Direct-sale
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Electric Bikes
10.6.2 Electric Scooters
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 Market Size Forecast by Applications
10.10.1 Distribution
10.10.2 Direct-sale
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Electric Bikes
11.6.2 Electric Scooters
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 Market Size Forecast by Applications
11.10.1 Distribution
11.10.2 Direct-sale
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Electric Bikes
12.6.2 Electric Scooters
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 Market Size Forecast by Applications
12.10.1 Distribution
12.10.2 Direct-sale
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Electric Bikes
13.6.2 Electric Scooters
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) Market Size Forecast by Applications
13.10.1 Distribution
13.10.2 Direct-sale
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 Bikes and Electric Scooters Market: Competitive Dashboard
14.2 Global Electric Bikes and Electric Scooters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yadea
14.3.2 AIMA
14.3.3 Accell Group
14.3.4 Giant
14.3.5 TAILG
14.3.6 XDAO
14.3.7 Dahon
14.3.8 SUNRA
14.3.9 Lvyuan
14.3.10 Jinjian
14.3.11 LIMA
14.3.12 Niu Technologies
14.3.13 BYYIN
14.3.14 Lvjia
14.3.15 Zuboo
14.3.16 Lvneng
