PUBLISHER: BCC Research | PRODUCT CODE: 1423535
PUBLISHER: BCC Research | PRODUCT CODE: 1423535
The global market for e-bikes is expected to grow from $44.9 billion in 2023 and projected to reach $77.6 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.6% from 2023 through 2028.
The Asia-Pacific market for e-bikes is expected to grow from $27.2 billion in 2023 and should reach $44.8 billion by the end of 2028, at a CAGR of 10.5% from 2023 through 2028.
The North American market for e-bikes is expected to grow from $5.8 billion in 2023 and should reach $11.9 billion by the end of 2028, at a CAGR of 15.5% from 2023 through 2028.
This report provides an analysis of the global market for e-bikes. Using 2022 as the base year, the report provides estimated market data for 2023 through 2028. This report also offers insights on drivers and opportunities for the market, which were gathered through primary and secondary research. It also covers various market factors, including COVID-19 impact, the Russia-Ukraine war, Porter's five forces, use case analysis, patent analysis, competitive intelligence, ESG developments, M&A and funding, and the regulatory landscape. An e-bike is a bicycle with a small electric motor and a rechargeable battery to supplement the rider's power. An e-bike's batteries can be recharged by plugging them in. An average e-bike can travel 35 to 50 km at 20 mph to 25 mph, requiring 6 to 8 hours to charge the battery fully. We have not considered electric mopeds or electric scooters in our scope.
The report has been prepared in a simple, easy-to-understand format, with some tables and charts/figures. The report's scope includes a detailed study of global and regional markets for class, configuration, motor type, propulsion type, battery type, motor power, and application. The qualitative and quantitative data of all segments are provided in the report. The report examines each segment, determines its current market size, and estimates its future market size with compound annual growth rates (CAGR).
The report also provides detailed profiles of significant e-bike players and their strategies to enhance their market presence. The report also includes a competitive landscape chapter that discusses the market ecosystem of the top e-bike provider in 2022.
Figure A : Research Methodology Approach to the Global e-Bike Market