Market Overview:
The global Pedelec 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 vehicles, rising awareness about environment-friendly transportation options, and government initiatives and subsidies for electric vehicles. The Pedelec market can be segmented on the basis of type into urban pedelecs, touring pedelecs, mountain pedelecs, and others. The urban pedelec segment is expected to account for the largest share of the global Pedelec market in 2018 owing to its growing popularity among commuters as a mode of transportation. The touring pedelec segment is projected to grow at the highest CAGR during the forecast period due its ability to cover longer distances with ease. On the basis of application, leisure accounted for majority share of global PedaleC market in 2017 and it is projected that this trend will continue throughoutthe forecast period as well .
Product Definition:
A pedelec (from pedal and electric) is a type of electric bicycle that incorporates a torque sensor and throttle, usually also a cadence sensor, into the drivetrain so that the bike's motor assists with acceleration and deceleration.
Urban Pedelec:
U.S. Electric Scooter Market by Product (On-Demand, Off-Duty), 2014 - 2020 -> The U.S electric scooter market is expected to witness significant growth over the forecast period owing to increasing consumer awareness towards eco-friendly transportation and government initiatives for curbing carbon emission from conventional fuel sources such as gasoline and diesel. In addition, growing health concerns regarding obesity levels among youth are anticipated to drive demand for urban pedelec over the next six years.
Touring Pedelec:
Touring pedelec is a type of e-bike that has two wheels, one behind the other. The main difference between them is the power source. Touring pedelecs have a low center of gravity and are very stable on off-road as well as on-road terrains. Also, they are equipped with suspension fork to absorb shocks effectively and high front wheel for better control over bike while riding it.
Application Insights:
The leisure application segment accounted for the largest share of over 50% in 2017. The growing popularity of electric bicycles, especially among young people, is expected to drive the demand for pedelecs across this segment. Furthermore, governments are taking initiatives to promote electric bicycle adoption including exempting them from registration and taxation as well as providing subsidies. For instance, in March 2018, the Government of India launched a ¢â‚¬Å“Buy Electric Bicycle Buyer¢â‚¬ scheme under which it provided funds up to 20 thousand rupees towards the purchase of an electric bicycle.
The commuting application segment is expected register a CAGR around 11% from 2018 to 2030 owing to increasing government investments and policies promoting e-scooters and pedelecs as an alternative mode of transportation compared with conventional motorcycles or bicycles.
Regional Analysis:
Europe dominated the global market in 2017 owing to growing popularity of electric-assist bicycles in countries, such as Germany and the U.K. Moreover, increasing government initiatives for promoting green transportation is expected to drive regional demand over the forecast period. For instance, European Union has provided funding support for developing innovative solutions for urban mobility and this initiative is anticipated to boost regional growth over the next eight years.
Asia Pacific region accounted for a significant share of revenue in 2017 owing to rising adoption of pedelecs by bicycle manufacturers across countries such as China and Japan who are considered as major markets within APAC region. Increasing awareness regarding health benefits associated with electric assist bikes coupled with favorable government regulations aimed at reducing pollution caused due to gas emissions is expected fuel regional growth during the forecast period 8 years from 2018 To 2030).
Growth Factors:
- Increasing demand for environment-friendly and healthy transportation options.
- Rising income levels of consumers in developing countries.
- Government initiatives and subsidies for electric vehicles.
- Technological advancements that make electric bicycles more efficient and affordable.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pedelec Market Research Report
By Type
Urban Pedelec, Touring Pedelec, Mountain Pedelec, Others
By Application
Leisure, Commuting
By Companies
BBF Bike, Accell, Derby Cycle, Giant Bicycle, Merida, Trek Bicycle, BMC Group, Specialized, Riese & Müller, Stevens
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Pedelec Market Report Segments:
The global Pedelec market is segmented on the basis of:
Types
Urban Pedelec, Touring Pedelec, Mountain Pedelec, 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
Leisure, Commuting
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
Highlights of The Pedelec 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:
- Urban Pedelec
- Touring Pedelec
- Mountain Pedelec
- Others
- By Application:
- Leisure
- Commuting
- 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 Pedelec 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?
A pedelec is a type of electric bicycle that uses pedals to propel the bike. Pedelecs are popular in Europe and Asia, but they're starting to become more common in the United States. They're also known as e-bikes.
Some of the key players operating in the pedelec market are BBF Bike, Accell, Derby Cycle, Giant Bicycle, Merida, Trek Bicycle, BMC Group, Specialized, Riese & MƒÂ¼ller, Stevens.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pedelec 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. Pedelec Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pedelec Market - Supply Chain
4.5. Global Pedelec Market Forecast
4.5.1. Pedelec Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pedelec Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pedelec Market Absolute $ Opportunity
5. Global Pedelec 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. Pedelec Market Size and Volume Forecast by Type
5.3.1. Urban Pedelec
5.3.2. Touring Pedelec
5.3.3. Mountain Pedelec
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pedelec 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. Pedelec Market Size and Volume Forecast by Application
6.3.1. Leisure
6.3.2. Commuting
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pedelec 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. Pedelec 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 Pedelec 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. Pedelec 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 Pedelec Demand Share Forecast, 2019-2026
9. North America Pedelec 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 Pedelec 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 Pedelec Market Size and Volume Forecast by Application
9.4.1. Leisure
9.4.2. Commuting
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pedelec Market Size and Volume Forecast by Type
9.7.1. Urban Pedelec
9.7.2. Touring Pedelec
9.7.3. Mountain Pedelec
9.7.4. Others
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 Pedelec Demand Share Forecast, 2019-2026
10. Latin America Pedelec 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 Pedelec 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 Pedelec Market Size and Volume Forecast by Application
10.4.1. Leisure
10.4.2. Commuting
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pedelec Market Size and Volume Forecast by Type
10.7.1. Urban Pedelec
10.7.2. Touring Pedelec
10.7.3. Mountain Pedelec
10.7.4. Others
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 Pedelec Demand Share Forecast, 2019-2026
11. Europe Pedelec 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 Pedelec 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 Pedelec Market Size and Volume Forecast by Application
11.4.1. Leisure
11.4.2. Commuting
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pedelec Market Size and Volume Forecast by Type
11.7.1. Urban Pedelec
11.7.2. Touring Pedelec
11.7.3. Mountain Pedelec
11.7.4. Others
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 Pedelec Demand Share, 2019-2026
12. Asia Pacific Pedelec 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 Pedelec 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 Pedelec Market Size and Volume Forecast by Application
12.4.1. Leisure
12.4.2. Commuting
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pedelec Market Size and Volume Forecast by Type
12.7.1. Urban Pedelec
12.7.2. Touring Pedelec
12.7.3. Mountain Pedelec
12.7.4. Others
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 Pedelec Demand Share, 2019-2026
13. Middle East & Africa Pedelec 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 Pedelec 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 Pedelec Market Size and Volume Forecast by Application
13.4.1. Leisure
13.4.2. Commuting
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pedelec Market Size and Volume Forecast by Type
13.7.1. Urban Pedelec
13.7.2. Touring Pedelec
13.7.3. Mountain Pedelec
13.7.4. Others
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 Pedelec Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pedelec Market: Market Share Analysis
14.2. Pedelec Distributors and Customers
14.3. Pedelec Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BBF Bike
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Accell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Derby Cycle
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Giant Bicycle
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Merida
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Trek Bicycle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BMC Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Specialized
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Riese & Müller
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Stevens
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
