Market Overview:
The global mid-drive electric bike market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric bikes for commuting, sports, and other applications. Additionally, the growing awareness about the benefits of using electric bikes is also contributing to the growth of this market. The global mid-drive electric bike market can be segmented on the basis of type and application. On the basis of type, it can be divided into below 250W and above 250W segments. The below 250W segment is expected to account for a major share in terms of revenue in 2018 owing to its low cost as compared with above 250W segment.
Product Definition:
A mid-drive electric bike is a bicycle that uses a motor to propel the bike forward, and the motor is located in the middle of the frame between the pedals. Mid-drive electric bikes are important because they provide power to the drivetrain while still allowing for pedaling, which gives riders more control over their ride.
Below 250W:
Below 250W, it's usage.
The global mid-drive electric bike market size was valued at USD 2.3 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for green transportation is one of the major factors driving the growth of this industry as these bikes are powered by electricity, which reduces carbon emissions significantly compared to conventional ones.
Above 250W:
The Above 250W segment is a growing market and it's gaining popularity among the consumers. The main factor contributing to its growth includes increasing demand for mid-drive electric bikes, which are more convenient and flexible than conventional ones. Also, benefits such as increased distance range with less effort made by the rider have been encouraging people to opt for this technology.
Application Insights:
The sport segment dominated the global mid-drive electric bike market, accounting for more than 57.0% share of the total revenue in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing participation in sports and fitness activities among all age groups across various regions of the world. Furthermore, rising popularity and demand for mountain biking has resulted in increased demand for electric bikes with higher power output that enables riders to pedal faster on steep hills without having to shift gears as frequently.
The commuting application is projected register a CAGR of XX% from 2018 to 2030 owing majorly due to increasing urbanization leading people towards cities where public transportation systems are inadequate or non-existent which makes eBikes an essential mode of transport providing ease and convenience at a reasonable price point thus attracting more consumers towards this application category over time as seen throughout many countries such as Netherlands, Denmark, Germany etc.
Regional Analysis:
Asia Pacific dominated the global mid-drive electric bike market in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing government initiatives and awareness about e-bike technologies among consumers of developing economies, such as China and India. For instance, in September 2018, Xiaomi Corporation launched a new line of mid-range products under the brand name ‘Mi Electric Bikes’ for Chinese consumers.
Europe accounted for more than 25% share in 2017 owing to increased consumer preference towards ecofriendly vehicles with high efficiency levels that reduce carbon emissions compared with gasoline or diesel fueled vehicles.
Growth Factors:
- Increasing demand for electric bikes from the millennials
- Rising awareness about the benefits of electric bikes among people
- Government initiatives and subsidies for electric bike buyers
- Growing popularity of cycling as a mode of transportation
- Advances in technology that make mid-drive electric bikes more efficient and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Mid-Drive Electric Bike Market Research Report
By Type
Below 250W, Above 250W
By Application
Commuting, Sport, Other
By Companies
BBF Bike, Accell, Derby Cycle, Giant Bicycle, Merida, Trek Bicycle, BMC Group, Specialized, Riese & Müller, Stevens, Yamaha, Panasonic
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Mid-Drive Electric Bike Market Report Segments:
The global Mid-Drive Electric Bike market is segmented on the basis of:
Types
Below 250W, Above 250W
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
Commuting, Sport, Other
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:
- BBF Bike
- Accell
- Derby Cycle
- Giant Bicycle
- Merida
- Trek Bicycle
- BMC Group
- Specialized
- Riese & Müller
- Stevens
- Yamaha
- Panasonic
Highlights of The Mid-Drive Electric 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:
- Below 250W
- Above 250W
- By Application:
- Commuting
- Sport
- Other
- 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 Mid-Drive Electric 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 mid-drive electric bike is a type of electric bike that uses an internal combustion engine as its primary source of power. Mid-drive bikes are often more expensive than standard e-bikes, but they offer several advantages over traditional bicycles. They typically have a larger battery and motor, which gives them more range and power. They also tend to be more stable and easier to ride than standard e-bikes.
Some of the major companies in the mid-drive electric bike market are BBF Bike, Accell, Derby Cycle, Giant Bicycle, Merida, Trek Bicycle, BMC Group, Specialized, Riese & M¼ller, Stevens, Yamaha, Panasonic.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mid-Drive Electric Bike 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 Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size & Forecast, 2018-2028 4.5.1 Mid-Drive Electric Bike Market Size and Y-o-Y Growth 4.5.2 Mid-Drive Electric Bike Market Absolute $ Opportunity
Chapter 5 Global Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size Forecast by Type
5.2.1 Below 250W
5.2.2 Above 250W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size Forecast by Applications
6.2.1 Commuting
6.2.2 Sport
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mid-Drive Electric Bike 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 Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Analysis and Forecast
9.1 Introduction
9.2 North America Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size Forecast by Type
9.6.1 Below 250W
9.6.2 Above 250W
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 Mid-Drive Electric Bike Market Size Forecast by Applications
9.10.1 Commuting
9.10.2 Sport
9.10.3 Other
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 Mid-Drive Electric Bike Analysis and Forecast
10.1 Introduction
10.2 Europe Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size Forecast by Type
10.6.1 Below 250W
10.6.2 Above 250W
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 Mid-Drive Electric Bike Market Size Forecast by Applications
10.10.1 Commuting
10.10.2 Sport
10.10.3 Other
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 Mid-Drive Electric Bike Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size Forecast by Type
11.6.1 Below 250W
11.6.2 Above 250W
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 Mid-Drive Electric Bike Market Size Forecast by Applications
11.10.1 Commuting
11.10.2 Sport
11.10.3 Other
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 Mid-Drive Electric Bike Analysis and Forecast
12.1 Introduction
12.2 Latin America Mid-Drive Electric Bike 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 Mid-Drive Electric Bike Market Size Forecast by Type
12.6.1 Below 250W
12.6.2 Above 250W
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 Mid-Drive Electric Bike Market Size Forecast by Applications
12.10.1 Commuting
12.10.2 Sport
12.10.3 Other
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) Mid-Drive Electric Bike Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mid-Drive Electric Bike 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) Mid-Drive Electric Bike Market Size Forecast by Type
13.6.1 Below 250W
13.6.2 Above 250W
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) Mid-Drive Electric Bike Market Size Forecast by Applications
13.10.1 Commuting
13.10.2 Sport
13.10.3 Other
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 Mid-Drive Electric Bike Market: Competitive Dashboard
14.2 Global Mid-Drive Electric Bike Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BBF Bike
14.3.2 Accell
14.3.3 Derby Cycle
14.3.4 Giant Bicycle
14.3.5 Merida
14.3.6 Trek Bicycle
14.3.7 BMC Group
14.3.8 Specialized
14.3.9 Riese & Müller
14.3.10 Stevens
14.3.11 Yamaha
14.3.12 Panasonic