E-Cargo Bike Market Size - By Battery (Lithium-Ion, SLA, NiMH), By Motor (Mid Motor, Hub Motor), By Sales Channel (Offline, Online), By Propulsion Type (Pedal, Throttle) & Forecast, 2024

Description

Global E-Cargo Bike Market Size will grow at a 3% CAGR from 2024 to 2032 due to sustainable transportation and the surge in e-commerce. As cities prioritize eco-friendly mobility options, e-cargo bikes emerge as a practical solution for last-mile deliveries and urban commuting. The demand for swift, efficient delivery services amplifies the appeal of these bikes, offering businesses a cost-effective and sustainable alternative. This synergy between sustainability and logistical efficiency will drive the expansion of the e-cargo bike industry in the coming years.

For instance, in January 2024, Tern introduced the Orox e-cargo bike for both adventure and business needs, marking its entry into a new category. The Orox model is built for off-road terrain, with dual-battery capability and a Bosch motor providing a range of nearly 200 miles. It indicates a growing demand for specialized e-cargo bikes designed for specific purposes beyond urban commuting. This development COULD contribute to the market growth by offering specialized solutions for various user groups, enhancing the market's overall appeal and accessibility.

The e-cargo bike market is classified based on battery, motor, sales channel, propulsion type, and region.

The pedal segment will witness a noteworthy rise between 2024 and 2032, owing to the segment's versatility and eco-friendly appeal, catering to environmentally conscious consumers and businesses. Pedal e-cargo bikes offer a sustainable solution for last-mile deliveries, urban commuting, and recreational use, aligning with the growing emphasis on green transportation. With their ability to navigate city streets efficiently and cost-effectively, the pedal segment will continue its upward trajectory, making it a significant player in the expanding e-cargo bike market share.

The offline segment will experience marked growth by 2032, driven by the segment's established presence in traditional retail spaces, appealing to customers who prefer physical interactions and test rides. Brick-and-mortar stores offer a tactile experience and personalized customer service, particularly valuable for high-ticket items like cargo bikes. With their ability to showcase a variety of models and accessories, offline retailers will maintain their dominance, providing a vital touchpoint for consumers in the expanding market.

Europe e-cargo bike industry will exhibit a remarkable CAGR from 2024 to 2032, attributed to several factors, including stringent environmental regulations, increasing urbanization, and a growing focus on sustainable transportation solutions. Countries like Germany, the Netherlands, and Denmark are at the forefront of adopting e-cargo bikes for their efficiency in last-mile deliveries and reducing carbon emissions. With Europe's commitment to green mobility, the region will emerge as a pivotal contributor to the global e-cargo bike market's expansion.

Product Code: 8498

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis, 2018 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Manufacturers
- 3.2.2 Battery providers
- 3.2.3 Software providers
- 3.2.4 Component suppliers
- 3.2.5 End users
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing emphasis on sustainability and eco-friendly transportation solutions
  - 3.8.1.2 Rapid urbanization and congestion in cities create demand for efficient last-mile delivery solutions
  - 3.8.1.3 Surge in e-commerce and online shopping
  - 3.8.1.4 Growing manufacturing and export of e-bikes in Asia Pacific
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 High initial cost of e-bikes
  - 3.8.2.2 Limitations in battery technology and range anxiety
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Battery, 2018-2032 ($Bn, Units)

5.1 Key trends
5.2 SLA
- 5.2.1 Pedal-Assist
- 5.2.2 Throttle-Assist
5.3 Li-ion
- 5.3.1 Pedal-Assist
- 5.3.2 Throttle-Assist
5.4 NiMH
- 5.4.1 Pedal-Assist
- 5.4.2 Throttle-Assist

Chapter 6 Market Estimates & Forecast, By Motor, 2018-2032 ($Bn, Units)

6.1 Key trends
6.2 Hub motor
6.3 Mid motor

Chapter 7 Market Estimates & Forecast, By Propulsion Type, 2018-2032 ($Bn, Units)

7.1 Key trends
7.2 Pedal-Assist
7.3 Throttle-Assist

Chapter 8 Market Estimates & Forecast, By Sales Channel, 2018-2032 ($Bn, Units)

8.1 Key trends
8.2 Online
8.3 Offline

Chapter 9 Market Estimates & Forecast, By Regio, 2018-2032 ($Bn, Units)

9.1 Key trends, by Region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Netherlands
- 9.3.6 Spain
- 9.3.7 Russia
- 9.3.8 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Southeast Asia
- 9.4.7 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
9.6 MEA
- 9.6.1 U.A.E.
- 9.6.2 South Africa
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles

10.1 Accell Group
10.2 Babboe
10.3 Bakfiets.nl
10.4 Butchers & Bicycles
10.5 CERO Bikes
10.6 Cycles Maximus
10.7 Douze Cycles
10.8 EAV
10.9 Hero Lectro
10.10 Larry vs Harry
10.11 Rad Power Bikes
10.12 Riese & Müller
10.13 Taurus Electric Bikes
10.14 Tern Bicycles
10.15 Trek Bicycles
10.16 Urban Arrow
10.17 WorkCycles
10.18 Xtracycle
10.19 XYZ Cargo
10.20 Yuba Bicycles

E-Cargo Bike Market Size - By Battery (Lithium-Ion, SLA, NiMH), By Motor (Mid Motor, Hub Motor), By Sales Channel (Offline, Online), By Propulsion Type (Pedal, Throttle) & Forecast, 2024 - 2032