The comprehensive industry research on " Middle East and Africa Electric Bike (E-Bike) Market" published by Data Bridge Market research includes growth analysis, regional marketing, challenges, opportunities, and drivers analyzed in the report. The credible Global Middle East and Africa Electric Bike (E-Bike) Market report offers actionable market insights with which businesses can make out sustainable and lucrative strategies. Not to mention, the report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses in deciding upon several strategies. Porter's Five Forces analysis has been performed while formulating this market document along with many other standard steps of researching, analyzing, and collecting data. Additionally, key players, major collaborations, mergers, acquisitions, trending innovations,s and business policies are also re-evaluated in the Middle East and Africa Electric Bike (E-Bike)Market report. It becomes easy to figure out brand awareness and insight about the brand and product among potential customers.
Middle East and Africa Electric Bike (E-Bike) Market was valued at USD 822.22 million in 2021 and is expected to reach USD 1705.82 million by 2029, registering a CAGR of 8.90% during the forecast period of 2022-2029. Lithium-Ion accounts for the largest battery type segment in the respective market owing to the as these batteries are batteries are smaller in size, long-lasting. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Key Players Mentioned in the Middle East and Africa Electric Bike (E-Bike) Market Research Report:
- Accell Group (Netherlands)
- Derby Cycle (Germany)
- JIANGSU XINRI E-VEHICLE CO.,LTD. (China)
- Karbon Kinetics Ltd (UK)
- ITALJET SPA (Italy)
- Riese & Müller GmbH (Germany)
- M1-Sporttechnik (Germany)
- I.V. E. Bianchi S.p.A. (Italy)
- Kawasaki Motors Corp., U.S.A. (US)
- WUXI YADEA EXPORT-IMPORT CO.,LTD. (China)
- Giant Bicycles (Taiwan)
- Trek Bicycle Corporation (US)
- myStromer AG (Switzerland)
- Specialized Bicycle Components, Inc.(US)
Recent Developments
- In February 2020, Specialized Bicycle Components, Inc. announced the launch of Turbo Levo SL. The new model comes under the mountain usage category and offer light weight built and comes with 29 inch wheel and weighs 9 pounds less than other turbo e-bikes. The new product increased the product portfolio of the company.
- In June 2019, Giant Bicycles announced the launch of FastRoad E+ EX Pro E-bike. The new electric bike came in with new motor and battery packs and offered faster commuting in the city streets. The new product increased the product portfolio of the company.
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Middle East and Africa Electric Bike (E-Bike) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Government Initiatives
The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of electric bike (e-bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.
Consumer Inclination towards Electric bikes
The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.
Tourism Sector
Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (e-bike) market.
The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.
Opportunities
Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of e-bike market.
Based on Middle East and Africa Electric Bike (E-Bike) Market Segmentations
Battery Type
Lithium-Ion
Lithium-Ion Polymer
Nickel Metal Hydride
Lead Acid
Sealed Lead Acid
Others
Hub Motor Location
Mid Drive Hub Motor
Rear Hub Motor
Front Hub Motor
Mode
Pedal Assist
Throttle
Battery Power
Under 750 W
Over 750 W
Class
Class I (Pedal Assist/Pedelec)
Class II (Throttle)
Class III (Speed Pedelec)
Usage
City/Urban
Cruise
Mountain/Trekking Bikes
Racing, Cargo
Others
Global Middle East and Africa Electric Bike (E-Bike) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Middle East and Africa Electric Bike (E-Bike) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter’s 5 forces model.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Middle East and Africa Electric Bike (E-Bike) Market Report
- Part 03: Middle East and Africa Electric Bike (E-Bike) Market Landscape
- Part 04: Middle East and Africa Electric Bike (E-Bike) Market Sizing
- Part 05: Middle East and Africa Electric Bike (E-Bike) Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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