e-bike

According to a research report published by Exactitude Consultancy, Companies covered:  Accell Group N.V, Bike, Merida Industry Co., Giant Ltd., Yamaha Motor

LUTON, BEDFORDSHIRE, UNITED KINGDOM, September 3, 2024 /EINPresswire.com/ -- 𝐄-𝐛𝐢𝐤𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Electric bicycles (e-bikes) are similar to human-powered bicycles with a small electric motor that assist or substitute the pedalling efforts. Some models of e-bike offer throttle-based motor activation and some offer pedal-assist bike. Complex model with advanced electric motor and optional throttle activation are also available in the market. They are generally categorized under two speed ranges that are up to 25 kmph and second is 25-45 kmph.

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞-𝐛𝐢𝐤𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐚𝐭 𝟏𝟏.𝟐% 𝐂𝐀𝐆𝐑 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟎. 𝐈𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐚𝐛𝐨𝐯𝐞 𝐔𝐒𝐃 𝟏𝟎𝟗.𝟖𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟒𝟐.𝟐𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐇𝐞𝐫𝐞:

https://exactitudeconsultancy.com/reports/8988/e-bike-market/#request-a-sample  

Globally, the e-bike market has been expanding rapidly due to a number of factors, including growing environmental consciousness, technology improvements, and customer preferences for more environmentally friendly and effective forms of transportation. E-bikes are a desirable substitute for traditional automobiles since they combine a battery-powered motor with a typical bicycle, particularly in cities with heavy traffic and pollution. Many people find e-bikes intriguing because they can travel farther while requiring less physical exertion. These people include fitness fanatics, senior folks, everyday commuters, and recreational riders.

Main parts of an e-bike include battery pack, electric motor, controller, throttle, PAS & torque sensor, e-brakes, display, torque arms, and hall sensors. Battery pack and electric motor used in an e-bike constitute for majority of e-bike prices. Some of the advantages associated with the application of e-bike are low operating cost, a combined advantage for both bicycle and motorbike, ecological means of transport, good for exercise.

𝐄-𝐁𝐢𝐤𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Accell Group N.V., Pon.Bike, Merida Industry Co., Ltd., Giant Manufacturing Co., Ltd., Yamaha Motor Corporation, Trek Bikes, and Riese & Muller.

𝐄-𝐁𝐢𝐤𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

In November 2023, Accell Group NV and Refurb Battery will extend their partnership, building on the success of their pilot program to repurpose 5,000 discarded electric bike batteries. This initiative reduced over 100 tons of CO2 emissions.

1 November 2023, Accell Group, a leading European manufacturer of bicycles, bicycle parts and accessories, is pleased to announce the appointment of Tjeerd Jegen as CEO and Chair of the Management Board.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭-𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐨𝐫𝐭𝐚𝐭𝐢𝐨𝐧 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭

Environmentally friendly and efficient modes of transportation are necessary in light of growing environmental concerns. Compared to the petrol emissions of cars, E-Bikes have little or no emissions, making them a green product. Delivery businesses are adopting e-bikes, particularly the fourth plague of delivery services in densely populated places with traffic-related issues including parking and congestion. The E-Bike market has grown as a result of logistics companies using cycling to reduce delivery times and satisfy delivery targets.

𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐜𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐁𝐚𝐭𝐭𝐞𝐫𝐲 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲

The creation of new battery technology that enhances energy density and e-bike charging cycles are a couple of the major factors. More mileage between charges and shorter charging times are two benefits of upgraded batteries, which may make e-bikes more appealing to buyers. While e-bikes' higher innovation is shown in the current triumphs of battery technology research and development, more advancements in this area are predicted in the future, solidifying e-bikes' viability as a solution in today's contemporary transportation contexts.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐭𝐫𝐞𝐧𝐝 𝐨𝐟 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐞-𝐛𝐢𝐤𝐞𝐬

These intelligent e-bikes are able to send vital data regarding their condition and usage. Some linked bikes are capable of receiving orders in addition to other data. Data processing and collecting are made possible by networked e-bike systems. Businesses are moving forward these days to discover integrated solutions. As a result, the e-bike trend will enable market expansion in the near future.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐩𝐨𝐩𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐨𝐟 𝐞-𝐌𝐓𝐁

Mountain biking has seen a notable growth in popularity due to the increase in the demand for bicycles over the previous two years worldwide. According to an estimate, the market for mountain biking and trekking is anticipated to expand at a 10% annual pace in the ensuing years, from 2022 to 2029. Significant increase in tourism and extreme sports is probably going to fuel the e-MTB sector.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐩𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐟𝐨𝐫 𝐛𝐢𝐜𝐲𝐜𝐥𝐞𝐬 𝐚𝐬 𝐚𝐧 𝐞𝐜𝐨-𝐟𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐯𝐞𝐡𝐢𝐜𝐥𝐞

The need for environmentally responsible transportation is growing, and bicycles are becoming more and more popular worldwide. This is mostly due to the many advantages that cycling offers, including lower CO2 emissions, less air pollution, less noise pollution from other forms of transportation, fuel cost savings, enhanced public health, less traffic congestion, and lower costs associated with building and maintaining road infrastructure.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐏𝐨𝐩𝐮𝐥𝐚𝐫𝐢𝐭𝐲 𝐨𝐟 𝐌𝐢𝐝-𝐝𝐫𝐢𝐯𝐞 𝐌𝐨𝐭𝐨𝐫𝐬

Hub motors are lighter in weight, simple in construction, and inexpensive to the manufacturers because of which it is the most commonly found motors in the e-bike. However, significant number of advantages offered by the mid-drive motors over hub motors expected to drive their demand overt the forthcoming years. Mid-drive motors offer higher torque and performance compared to traditional hub motors as it drives the crank despite of wheel; hence, multiply its power and allow to take more benefits from the gear system. When it comes to maintenance, hub motors are more difficult to service and maintain than mid-drive motors. Replacing the nut bolts on the e-bike will allow you to easily remove them. Additionally, they are positioned at the e-bike's centre of gravity, which improves the bike's handling by better distributing the weight. Because of the aforementioned advantages, both e-bike manufacturers and consumers choose mid-drive motors over hub motors.

𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:

https://exactitudeconsultancy.com/reports/8988/e-bike-market/

𝐄-𝐁𝐢𝐤𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬

North America on the e-bike market preferences, it is dominant in the region, especially in the growth of the cargo e-bikes mainly due to the infrastructural development of e-bikes in transport, traffic congestion compounded by high fuel cost in the urban area for goods transport. Cargo e-bikes are much faster and eco-friendly as compared to conventional lorries in delivering products and goods within cities. They involve reduced expenses, are subsidized, and are also eligible for tax exemptions in some areas as well as consuming less energy. Although slightly down in 2023, people are still interested in buying e-Bike after-market kits as well as other industries like environmentally friendly transportation.

The region that contributes to be the fastest growing region to global revenue is Asia-Pacific, which is anticipated to expand at a CAGR of 11.2% over the projection period. Due to its affordability, environmental friendliness, and low electricity requirements, e-bikes are becoming more and more popular across Asia and the Pacific region compared to other forms of transportation. Moreover, it is anticipated that a rise in government initiatives to promote environmentally friendly vehicles and bicycles as well as the development of pertinent infrastructure will hasten the development of the E-Bike sector.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐄-𝐁𝐢𝐤𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐛𝐲 𝐜𝐥𝐚𝐬𝐬, 𝐰𝐡𝐢𝐜𝐡 𝐫𝐞𝐟𝐞𝐫𝐬 𝐭𝐨 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬 𝐨𝐟 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐛𝐢𝐜𝐲𝐜𝐥𝐞𝐬 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐭𝐡𝐞𝐢𝐫 𝐬𝐩𝐞𝐞𝐝 𝐚𝐧𝐝 𝐩𝐨𝐰𝐞𝐫 𝐚𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐜𝐞 𝐜𝐡𝐚𝐫𝐚𝐜𝐭𝐞𝐫𝐢𝐬𝐭𝐢𝐜𝐬.

Class-I E-Bikes provide pedal-assist only, meaning the motor kicks in only when the rider is pedalling. They have a maximum assisted speed of 20 mph (32 km/h). These bikes do not have a throttle and are typically allowed on most bike paths and trails. These are the most popular type of e-bikes due to their versatility and compliance with many local regulations. They are ideal for casual riders, commuters, and fitness enthusiasts.

Class-II E-Bikes offer both pedal-assist and throttle-based assistance. They also have a top speed of 20 mph (32 km/h) when using either the throttle or pedal-assist function. This class provides more flexibility for riders who may want the option to ride without pedalling. These e-bikes are preferred by riders who want the convenience of throttle control, making them popular among those who seek an easier riding experience, particularly in urban areas or for short-distance commuting.

Class-III E-Bikes, also known as speed peddles, provide pedal-assist only and can reach higher speeds, with assistance up to 28 mph (45 km/h). They do not have a throttle. Due to their higher speed capability, these e-bikes are often subject to stricter regulations and are typically restricted from bike paths. These e-bikes appeal to riders looking for faster commuting options, especially those traveling longer distances. They are popular among enthusiasts and those looking for a higher-performance e-bike experience.

𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄-𝐁𝐢𝐤𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐌𝐨𝐭𝐨𝐫 𝐓𝐲𝐩𝐞 𝐢𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐢𝐧𝐭𝐨 𝐭𝐰𝐨 𝐦𝐚𝐢𝐧 𝐜𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬: 𝐌𝐢𝐝-𝐝𝐫𝐢𝐯𝐞 𝐦𝐨𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐇𝐮𝐛-𝐝𝐫𝐢𝐯𝐞 𝐦𝐨𝐭𝐨𝐫𝐬.

Mid-drive motors are positioned at the bike's crank, where the pedals are. This central placement allows for a balanced weight distribution and better integration with the bike's gears, resulting in improved power efficiency and handling. Mid-drive motors are popular for mountain e-bikes and other high-performance models due to their enhanced torque and climbing capabilities. Hub motors are located either in the front or rear wheel hub of the e-bike. They are simpler in design and often more affordable than mid-drive motors. Hub motors provide a quieter ride and are commonly used in city or commuter e-bikes due to their reliability and low maintenance requirements. They can be further divided into geared and gearless (direct-drive) hub motors, each offering different advantages in terms of torque and efficiency.

𝐓𝐨 𝐤𝐧𝐨𝐰 𝐚𝐧 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐫𝐞𝐯𝐢𝐬𝐞𝐝 𝟐𝟎𝟐𝟒 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬, 𝐫𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

https://exactitudeconsultancy.com/reports/8988/e-bike-market/#request-a-sample

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄-𝐁𝐢𝐤𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

Global E-Bike Market by Class, 2020-2029, (USD Million) (Thousand Units)

Class-I
Class- II
Class - III

Global E-Bike Market by Battery Type, 2020-2029, (USD Million) (Thousand Units)

Li-Ion
Li-Ion Polymer
Lead Acid

Global E-Bike Market by Motor Type, 2020-2029, (USD Million) (Thousand Units)

Mid
Hub

Global E-Bike Market by Mode, 2020-2029, (USD Million) (Thousand Units)

Throttle
Pedal Assist

Global E-Bike Market by Usage, 2020-2029, (USD Million) (Thousand Units)

Mountain/Trekking
City/Urban
Cargo

Global E-Bike Market by Region, 2020-2029, (USD Million) (Thousand Units)

North America
Europe
Asia Pacific
South America
Middle East and Africa

𝐅𝐫𝐞𝐪𝐮𝐞𝐧𝐭𝐥𝐲 𝐀𝐬𝐤𝐞𝐝 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬

What is the current size of e-bike market?

How much is the CAGR of global e-bike market?

Which are the driving factors of the e-bike market?

Who are the major players operating in the e-bike market?

Which region will lead the global e-bike market?

𝐅𝐨𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧:  https://bulletin.exactitudeconsultancy.com/

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬

𝐄𝐌𝐈 (𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐦𝐚𝐠𝐧𝐞𝐭𝐢𝐜 𝐈𝐧𝐭𝐞𝐫𝐟𝐞𝐫𝐞𝐧𝐜𝐞) 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

The global EMI shielding market is expected to grow at a 3.23% CAGR from 2022 to 2029. It is expected to reach above USD 8.12 billion by 2029 from USD 6.1 billion in 2023.

https://exactitudeconsultancy.com/reports/10596/emi-shielding-market/

𝐁𝐫𝐚𝐤𝐞 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭

The global brake system market is projected to reach USD 29 billion by 2029 from USD 19.33 billion in 2023, at a CAGR of 11.9% from 2022 to 2029.

https://exactitudeconsultancy.com/reports/10649/brake-system-market/

𝐅𝐑𝐏 𝐆𝐫𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

The global FRP grating market is expected to grow at a 9.89% CAGR from 2022 to 2029. It is expected to reach above USD 578.9 million by 2029 from USD 247.7 million in 2023.

https://exactitudeconsultancy.com/reports/11008/frp-grating-market/

𝐂𝐚𝐫 𝐂𝐚𝐫𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The Car care products market size was valued at USD 10.31 billion in 2023 and is projected to reach USD 15.05 billion by 2029, growing at a CAGR of 4.3% from 2022 to 2029.

https://exactitudeconsultancy.com/reports/11029/car-care-products-market/

𝐁𝐫𝐚𝐤𝐞 𝐅𝐫𝐢𝐜𝐭𝐢𝐨𝐧 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

The Brake friction product market size was valued at USD 9.98 billion in 2023 and is projected to reach USD 14.58 billion by 2029, growing at a CAGR of 4.3% from 2022 to 2029.

https://exactitudeconsultancy.com/reports/11366/brake-friction-products-market/

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐏𝐂𝐁 𝐌𝐚𝐫𝐤𝐞𝐭

The global automotive PCB market is expected to grow at a 6.34% CAGR from 2022 to 2029. It is expected to reach above USD 12.4 billion by 2029 from USD 7.13 billion in 2023.

https://exactitudeconsultancy.com/reports/11379/automotive-pcb-market/ 

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐑𝐞𝐥𝐚𝐲 𝐌𝐚𝐫𝐤𝐞𝐭

The global automotive relay market is expected to grow at a 4.89% CAGR from 2022 to 2029. It is expected to reach above USD 22.6 billion by 2029 from USD 14.7 billion in 2023.

https://exactitudeconsultancy.com/reports/11419/automotive-relay-market/

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐔𝐧𝐢𝐭 𝐌𝐚𝐫𝐤𝐞𝐭

The global Automotive Electronic Control Unit market is expected to grow at 5.8 % CAGR from 2022 to 2029. It is expected to reach above USD 148.67 billion by 2029 from USD 94.7 billion in 2021.

https://exactitudeconsultancy.com/reports/11493/automotive-electronic-control-unit-market/

𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐄𝐧𝐠𝐢𝐧𝐞 𝐁𝐞𝐥𝐭 & 𝐇𝐨𝐬𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

The global Automotive Engine Belt & Hose Market is expected to grow at 6.69% CAGR from 2022 to 2029. It is expected to reach above USD 36.18 billion by 2029 from USD 20.2 billion in 2021.

https://exactitudeconsultancy.com/reports/11433/automotive-engine-belt-hose-market/

𝐃𝐢𝐞𝐬𝐞𝐥 𝐄𝐧𝐠𝐢𝐧𝐞𝐬 𝐟𝐨𝐫 𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐄𝐚𝐫𝐭𝐡 𝐌𝐨𝐯𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

The global Diesel engines for constructions and earth moving market is expected to grow at 7.1 % CAGR from 2021 to 2029. It is expected to reach above USD 21.65 billion by 2029 from USD 12.51 billion in 2021.

https://exactitudeconsultancy.com/reports/11657/diesel-engines-for-constructions-and-earth-moving-market/

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