Asia-Pacific Electric Bike (E-Bike) Market was valued at USD 5239.17 million in 2021 and is expected to reach USD 12553.01 million by 2029, registering a CAGR of 10.60% during the forecast period of 2022-2029.
A new research report published by Data Bridge Market Research with the title Asia-Pacific Electric Bike (E-Bike) Market provides a comprehensive segmental study with industry-best intelligence on the current and future market positions of key segments of the market. The report has mentioned the growth of the market and the expected scope of growth in the coming period. This report examines the reasons behind the change in the market and the increase in demand. It describes research on market trends, segments, market figures, regional share, growth, and development opportunities in the global Asia-Pacific Electric Bike (E-Bike) market.
The report covers drivers, restrictions, and opportunities for companies willing to invest in the market. The report focuses on providing the audience with microscopic data under a solitary report. The research provides all the information after an intricate analysis process. The study represents all the market revenue and growth details in a figurative and numerical format. The attractive and colorful data helps conquer more information. The details of the global Asia-Pacific Electric Bike (E-Bike) market on a global scale are mentioned using the major manufacturing competitors, market growth rate, production and distribution value, and volume.
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Key Players Mentioned in the Asia-Pacific 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), F.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) and Specialized Bicycle Components, Inc.(US), among others
E-bikes are bicycles with a battery-powered assist that comes via pedaling and, in some cases, a throttle. In e-bikes, the motor will get its power from a rechargeable battery mounted on the bike. E-bikes are a flexible, eco-friendly, and versatile mode of transport. Users consider them an ideal substitute for smart cars, public transport, and scooters. It helps minimize traffic congestion due to its reduced form factor, provides greater speed with marginal effort, and offers various health benefits.
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Asia-Pacific 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 Asia-Pacific 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 Asia-Pacific 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.
Recent Developments
In June 2020, Giant Bicycles announced the launch of anthem advanced pro 29 world champion edition frameset. The new frameset is made of advanced composite material offering lightweight structure and XC race geometry with 29er speed and stability. The new product increased the product portfolio of the company.
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Why buy this report?
- The report offers a comprehensive evaluation of the Global Asia-Pacific 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 Asia-Pacific Electric Bike (E-Bike) Market Report
- Part 03: Asia-Pacific Electric Bike (E-Bike) Market Landscape
- Part 04: Asia-Pacific Electric Bike (E-Bike) Market Sizing
- Part 05: Asia-Pacific 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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