Global Electric Bike Market to Generate USD 109.53 Billion by 2030: Next Move Strategy Consulting

Increase in consumer preferences for environment-friendly and fuel-efficient commuting solutions and preference for indulging in recreational activities drive the global electric bike market growth.

New York, Sept. 19, 2022 (GLOBE NEWSWIRE) -- According to the report published by Next Move Strategy Consulting, the global electric bike market generated USD 45.75 billion in 2021, and is estimated to generate USD 109.53 billion by 2030, manifesting a CAGR of 10.21% from 2022 to 2030. The report provides a detailed analysis of drivers and opportunities, key segments, Porter’s Five Forces, market size & estimations, and competitive landscape.

Covering an entire analysis, insights, and data in nearly 300 pages, accompanied by 160 tables and 130 figures, the report aims to become a valuable source of guidance for leading market players, new entrants, and investors. The report also offers the electric bike market share analysis for 2021.

Request a free sample:

Report CoverageDetails
Forecast Period 2022–2030
Base Year 2021
Market Size in 2021USD 45.75 Billion
Market Size in 2030USD 109.53 Billion
No. of Pages287
Segments coveredProduct Type, Conversion Kit, Battery Type, and Geography.
DriversIncrease in consumer preferences for environment-friendly and fuel-efficient commuting solutions
Preference for indulging in recreational activities
Adoption of sustainable solutions
OpportunitiesSupportive regulations for usage of electric bikes
Trend of all-terrain e-bikes

The research offers an extensive analysis of drivers, restrains, and opportunities of the global electric bike market. Increase in consumer preferences for environment-friendly and fuel-efficient commuting solutions, preference for indulging in recreational activities, and adoption of sustainable solutions drive the growth of the global market. However, low battery capacity, high cost related to electric bikes, and high maintenance requirements hinder the market growth.

Outlining the opportunities that help top players and new extranets expand their electric bike market size in the next few years, the Lead Analyst for the Automotive & Transportation at Next Move Strategy Consulting, stated, “Supportive regulations for usage of electric bikes for ensuring sustainability, trend of all-terrain e-bikes, and indulgence in recreational activities in remote areas present opportunities in the market. In addition, surge in investments in R&D activities create new growth avenues for the market.”

Buy this report directly from here:

The report provides an extensive segmentation of the global electric bike market based on product type, conversion kit, battery, and geography. Based on product type, the report further divides the market into throttle on demand, pedelecs, and scooter & motorcycle. On the basis of conversion kit, the research further segments the market into mid drive, hub motor, and others. On the basis of battery type, the report classifies the market into lead acid, nickel-metal hydride (NiMH), lithium ion, and others.

Need a customized report, get in touch with us here:

Based on geography, the research divides the global electric bike market into North America, Europe, Asia-Pacific, and RoW. North America contributed to the largest share of the market, and is projected to maintain the highest contribution throughout the forecast period. This is attributed to high adoption of electric bikes and surge in fitness-related activities in the region. However, Asia-Pacific is expected to register a steady growth by 2030, owing to the presence of key manufacturers and awareness related to eco-friendly transport solutions.

The report offers an extensive analysis of each region and country on the basis of each segment and its sub-segments using graphical and tabular formats. The insights are helpful for availing detailed analysis of the global electric bike industry and take steps to consolidate their position in the market.

If you have any queries, you can enquire before purchasing:

The research offers a detailed analysis of the global electric bike market players such as Accell Group, Derby Cycle Co. Ltd., Trek Bicycle Corporation, Jiangsu xinri e-vehicle Co. Ltd., Tianjin Golden Wheel Group Co. Ltd., Fuji-ta Bicycle Co. Ltd, Mahindra & Mahindra Ltd. (GenZe), Bionx International Corporation, and Prodecotech LLC. They have adopted various strategies such as mergers & acquisition, expansions, new product launches, and others to avail a competitive advantage in the coming years.

Buy a full report here:

Also, Browse Related Reports:

Electric Vehicle Market by Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), and Plug-in Hybrid Electric Vehicles (PHEV)), Vehicle Class (Mid-Priced and Luxury), and Vehicle Type (Two-wheelers, Passenger Cars, and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2030

Electric Vehicle Supply Equipment (EVSE) Market by Power Type (Alternating Current (AC) Power, and Direct Current (DC) Power), Product Type (Portable Charger, Electric Vehicle Kiosk, Onboard Charging Station, and Others), Charging Station Type (Normal Charging, Super Charging, and Inductive Charging), and Application (Commercial, and Residential): Global Opportunity Analysis and Industry Forecast, 2020–2030

Wireless Electric Vehicle Charging Market by Power Source (3–<11 kW, 11–50 kW, and >50 kW), by Installation (Home and Commercial), by Distribution Channel (OEMs and Aftermarket), by Vehicle Type (BEV, HEV, and EV Commercial) - Global Opportunity Analysis and Industry Forecast, 2022 – 2030

  About Us:

Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analyzed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top quality research and the obsession of turning data into knowledge by dissecting every bits of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enable them to move beyond time and have competitive edge in the industry.

We have been servicing over 1,000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that range from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.


Contact Data