The Global Electric Bike Market size was valued at USD 45.75 billion in 2021 and is predicted to reach USD 109.53 billion by 2030, with a CAGR of 10.21% from 2022-2030. Electric bike or e-bike are pedelecs, scooter, motorcycle, and other battery powered bikes, that are equipped with electric motor for propulsion. E-bikes can be partially pedaled or fully propelled by electric power, depending on their configuration. E-bikes help reduce carbon foot prints and are efficient commuting solutions. Increasing global warming, drastic climate change, and escalating air pollution levels, emphasize on the need to switch from conventional fuels to renewable fuels, thereby propelling the growth of global electric bike market. Market Dynamics and Trends
The global electric bike market is proliferating due to increasing consumer preferences for eco-friendly, energy conserving, and fuel-efficient commuting solutions that create lower impact on the environment. Furthermore, factors such as inclination towards healthy-lifestyles, growing fitness trend, and increasing preference of recreational activities, specifically in youth, are expected to supplement the growth of electric bike market, throughout the forecast period. However, high-cost of e-bikes, low battery capacity and higher maintenance requirements, are expected to impede the growth of global electric bike market during the forecast period. Moreover, government regulations supporting the usage of e-bikes, increasing investment in R&D activities, growing trend of all-terrain e-bikes for commuting, and recreational activities in remote areas, are to create several lucrative opportunities in the global electric bike market, in coming future. Market Segmentations and Scope of the Study:
The global electric bike market share has been analyzed based on product type, drive mechanism, battery, and geography. Based on product type, the market is segmented into pedelecs, throttle on demand, and scooter & motorcycle. Based on drive mechanism, the market is divided into hub motor, mid drive, and others. Based on battery, the market is fragmented into lead acid, lithium ion, nickel-metal hydride (NiMH), and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW. Geographical Analysis
North America region is expected to grow with the highest CAGR values in the global electric bike market, accounting for a moderate market share, throughout the forecast period. This is due to higher adoption of e-bikes, stringent emission standards, and higher inclination towards fitness-oriented culture in this region. Asia Pacific dominated the global electric bike market, but this trend is expected to slowly change during the forecast period due to ban of e-bikes in certain regions of China. Moreover, growing fitness trend, presence of key manufacturers, and increasing consumer awareness towards eco-friendly transport solutions are to boost the growth of electric bike market in coming future. Competitive Landscape
The electric bike market is highly competitive and consists of various market players. Some of the major market players include Accell Group, Trek Bicycle Corporation, Derby Cycle Co. Ltd., Fuji-ta Bicycle Co. Ltd, Jiangsu xinri e-vehicle Co. Ltd., Bionx International Corporation, Mahindra & Mahindra Ltd. (GenZe), Tianjin Golden Wheel Group Co. Ltd., and Prodecotech LLC, among others. The key players are employing strategies such as product launches, acquisition, and technical collaboration, in-order to gain stronger position in the global electric bike market. Key Topics Covered:

Global Electric Bike Market (2022 to 2030) - Opportunity Analysis and Industry Forecasts

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The Global Electric Bike Market size was valued at USD 45.75 billion in 2021 and is predicted to reach USD 109.53 billion by 2030, with a CAGR of 10.21% from 2022-2030. Electric bike or e-bike are pedelecs, scooter, motorcycle, and other battery powered bikes, that are equipped with electric motor for propulsion. E-bikes can be partially pedaled or fully propelled by electric power, depending on their configuration. E-bikes help reduce carbon foot prints and are efficient commuting solutions. Increasing global warming, drastic climate change, and escalating air pollution levels, emphasize on the need to switch from conventional fuels to renewable fuels, thereby propelling the growth of global electric bike market. Market Dynamics and Trends
The global electric bike market is proliferating due to increasing consumer preferences for eco-friendly, energy conserving, and fuel-efficient commuting solutions that create lower impact on the environment. Furthermore, factors such as inclination towards healthy-lifestyles, growing fitness trend, and increasing preference of recreational activities, specifically in youth, are expected to supplement the growth of electric bike market, throughout the forecast period. However, high-cost of e-bikes, low battery capacity and higher maintenance requirements, are expected to impede the growth of global electric bike market during the forecast period. Moreover, government regulations supporting the usage of e-bikes, increasing investment in R&D activities, growing trend of all-terrain e-bikes for commuting, and recreational activities in remote areas, are to create several lucrative opportunities in the global electric bike market, in coming future. Market Segmentations and Scope of the Study:
The global electric bike market share has been analyzed based on product type, drive mechanism, battery, and geography. Based on product type, the market is segmented into pedelecs, throttle on demand, and scooter & motorcycle. Based on drive mechanism, the market is divided into hub motor, mid drive, and others. Based on battery, the market is fragmented into lead acid, lithium ion, nickel-metal hydride (NiMH), and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW. Geographical Analysis
North America region is expected to grow with the highest CAGR values in the global electric bike market, accounting for a moderate market share, throughout the forecast period. This is due to higher adoption of e-bikes, stringent emission standards, and higher inclination towards fitness-oriented culture in this region. Asia Pacific dominated the global electric bike market, but this trend is expected to slowly change during the forecast period due to ban of e-bikes in certain regions of China. Moreover, growing fitness trend, presence of key manufacturers, and increasing consumer awareness towards eco-friendly transport solutions are to boost the growth of electric bike market in coming future. Competitive Landscape
The electric bike market is highly competitive and consists of various market players. Some of the major market players include Accell Group, Trek Bicycle Corporation, Derby Cycle Co. Ltd., Fuji-ta Bicycle Co. Ltd, Jiangsu xinri e-vehicle Co. Ltd., Bionx International Corporation, Mahindra & Mahindra Ltd. (GenZe), Tianjin Golden Wheel Group Co. Ltd., and Prodecotech LLC, among others. The key players are employing strategies such as product launches, acquisition, and technical collaboration, in-order to gain stronger position in the global electric bike market. Key Topics Covered:

Outlook on the Electric Bike Global Market to 2030 - Featuring Accell Group, Rad Power Bikes and Powabyke Among Others

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Outlook on the Electric Bike Global Market to 2030 - Featuring Accell Group, Rad Power Bikes and Powabyke Among Others

Lyon,  FRANCE
New York, July  11, 2022  (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Electric Bike Market by Product Type, by Conversion Kit, By Battery Type - Global Opportunity Analysis and Industry Forecast, 2022 – 2030" - https://www.reportlinker.com/p06291295/?utm_source=GNW
Moreover, growing fitness trend, presence of key manufacturers, and increasing consumer awareness towards eco-friendly transport solutions are to boost the growth of electric bike market in coming future. Competitive Landscape
The electric bike market is highly competitive and consists of various market players. Some of the major market players include Accell Group, Trek Bicycle Corporation, Derby Cycle Co. Ltd., Fuji-ta Bicycle Co. Ltd, Jiangsu xinri e-vehicle Co. Ltd., Bionx International Corporation, Mahindra & Mahindra Ltd. (GenZe), Tianjin Golden Wheel Group Co. Ltd., and Prodecotech LLC, among others. The key players are employing strategies such as product launches, acquisition, and technical collaboration, in-order to gain stronger position in the global electric bike market. For instance, in January 2020, Nawa Technologies, one of the ruling companies in the global electric bike market, launched its hybrid electric motorcycle, called ‘Nawa Racer’ at the Consumer Electronics Show organized in Las Vegas. The battery-powered e-bike designed to range up-to 300 km, is equipped with Nawa’s ultracapacitor that is 10 times more powerful and 5 times more energy efficient than conventional capacitors. In February 2020, Toyota Motors, one of the giants in the global electric bike market, announced a collaboration to develop Prismatic batteries for electric vehicles. In this strategic partnership Toyota owns 51% of stake and Panasonic owns 49% of stake. Prismatic batteries offer compact size, reduced footprint and it is a cost-effective alternative to conventional fuel. In May 2020, Volta, a website that specializes in coverage of e-bikes, reviewed Giant’s electric bike ‘REIGN E+ PRO’ as “trail-crushing long-travel fun with top-shelf componentry.” Giant’s e-bike built with flawless geometry and equipped with sync-drive pro motor, delivers 250 watts and 80Nm torque, assisting the rider to climb-up the steep even in the lowest battery mode. KEY MARKET SEGMENTS:

North America region is expected to grow with the highest CAGR values in the global electric bike market, accounting for a moderate market share, throughout the forecast period.

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SAN FRANCISCO , June 27, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled  "Electric Bicycle Motors - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to our digital archives and MarketGlass Research Platform
Complimentary updates for one year
Edition: 5; Released: January 2022
Executive Pool: 472
Companies: 13 - Players covered include Bafang Electric (Suzhou) Co., Ltd.; BionX International Corporation; Brose Fahrzeugteile GmbH & Co. KG; Continental AG; DAPU | bicycle drive systems; Derby Cycle Holding GmbH; Nidec Corporation; Ortlinghaus-Werke GmbH (Ortlinghaus Group); Panasonic Corporation; Robert Bosch GmbH; Shimano, Inc.; Suzhou Xiongda Electric Machine Co., Ltd; TDCM; Yamaha Motor Co., Ltd. and Others. Coverage: All major geographies and key segments
Segments: Motor Type (Hub Motors, Mid Drive Motors, Friction Drive Motors); Operation (Pedal Assisted, Throttle Assisted, Combined); Power (Less than 350W, 350W-750W, Above 750W)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa. Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
ABSTRACT-
Global Electric Bicycle Motors Market to Reach $7.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Electric Bicycle Motors estimated at US$5.8 Billion, is projected to reach a revised size of US$7.9 Billion by 2026, growing at a CAGR of 5.1% over the analysis period. Pedal Assisted, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$4.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Throttle Assisted segment is readjusted to a revised 4.3% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.7 Billion in 2021, While China is Forecast to Reach $1.6 Billion by 2026
The Electric Bicycle Motors market in the U.S. is estimated at US$1.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2026 trailing a CAGR of 7.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR. Combined Segment to Reach US$2.5 Billion by the year 2026
In the global Combined segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion will reach a projected size of US$1.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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New Study from StrategyR Highlights a $7.9 Billion Global Market for Electric Bicycle Motors by 2026

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BionX International Corporation is a maker of electric drive systems.

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