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E-bike Market by Type (Pedal Assisted and Throttle Assisted), by Usage (Mountain/Trekking, Urban/City and Cargo), by Battery Type (Lithium-ion battery and Lead Acid Battery), by Power (Less than equal to 250W, above 250W): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 12-Jul-2021 Category: Technology & Media Report Format : PDF Pages: 145 Report Code: ZMR-6402 Status : Published

The global automated sortation system market accounted for USD 22084.9 Million in 2020 and is expected to reach USD 52188.3 Million by 2028, growing at a CAGR of 11.4% from 2021 to 2028.

Description

Market Overview

The global automated sortation system market accounted for USD 22084.9 Million in 2020 and is expected to reach USD 52188.3 Million by 2028, growing at a CAGR of 11.4% from 2021 to 2028.

An electric bicycle, commonly known as an e-bike is a bicycle with an integrated electric motor and rechargeable battery used to assist propulsion. Once fully charged, the e-bikes can travel upto 25 to 32 kmph. Electric bikes are a versatile, eco-friendly, flexible and trendy mode of transport, and as a result consumers are increasingly looking up to them as an ideal substitute for smart cars, scooters, and public transport. Their ease of use and associated health benefits can be attributed as the driving factors for the market.

Technological advancements in the market are leading to the creation of innovative e-bikes. One such development is the connected e-bike, which uses a SIM module to send and receive data to and from the cloud without the use of a smartphone. Automatic emergency call, integrated navigation and social media connection are a few of the significant features offered by the connected e-bike. E-bikes are also being used as sustainable measures to combat environment pollution and fossil fuel depletion. Several countries are encouraging the use of e-bikes as an alternative to public transport.

COVID-19 Impact Analysis

Cycling and walking gained momentum during the Covid-19 pandemic. People were encouraged to travel on foot or bikes in order to avoid crowded public transport. E-bikes have emerged as an attractive option, especially for consumers who find it difficult to manually pedal for long durations, causing a surge in sales in 2020.  Additionally, e-bikes offer a carbon-neutral and affordable transport alternative that can easily recharged and combined thereby adding to the popularity during the pandemic.

Growth Factors

Increasing fuel prices, a rising demand for environmentally responsible commute options, and an increase in the usage of cycling as a recreational activity are a few of the key factors driving the global e-bike market. E-bikes are fast and flexible, support assisted biking, help improve fitness, sustainable and thus are being considered as the future of transportation.

Additionally, factors such as favorable government laws and regulations, as well as an increase in subsidies to promote the manufacture of e-bikes are also expected to boost the market. This coupled with growing investment in the development of the bicycle infrastructure and advancement in battery technology can significantly contribute to the growth of the global market.

Report Scope:

Battery Type Segment Analysis Preview

Lithium-ion battery segment held a share of over 42% in 2020. Lithium-ion batteries are more environment friendly, have a longer life cycle, and produce more power per pound of weight than other battery types. They are also cost effective and are considered as the best combination of total weight and capacity thus leading to their wide popularity.

 

Type Industry Segment Analysis Preview

Pedal assisted segment will grow at a CAGR of over 10.1% from 2021 to 2028. Pedal assisted bikes or pedelecs are expected to be the fastest growing category during the forecast period. Pedelecs have various advantages over traditional bicycles, including increased mobility, which is beneficial for elderly persons while climbing hills, the ability to cover more distances in less time than standard bicycles, and the need for less effort when riding uphill or against the wind.

Regional Analysis Preview

The European region held a share of around 38% in 2020. E-bikes are widely popular in Europe, particularly in Germany and Netherlands, are a preferred mode of commute and thus represent one of the fastest growing segments in the transport market in Europe. E-bikes are also used for sports and leisure. In this region, they serve as a peaceful, clean, and space-saving option for city logistics. As per a recent study, Europeans are expected to purchase an extra 10 million bikes per year by 2030, 47% more than the annual number in 2019.

The Asia Pacific region is projected to grow at a CAGR of around 10.8% over the forecast period. This surge is due to the increasing consumption of e-bikes in countries like China, rising demand for eco-friendly commuting, and growing concerns for carbon emissions. It can also be attributed to the presence of top producers of e-bikes of such as Yamaha and Merida that have already established a global presence and made their way into US and European markets.

Key Market Players & Competitive Landscape

Some of key players in automated sortation system market are Yamaha Motor Corporation, Giant Manufacturing, Merida Industry Co. Ltd., Riese & Müller GmBH, Fritzmeier Systems GmbH & Co. KG, Accell Group, Derby Cycle, Fuji-ta Bicycle Co., Jiangsu Xinri E-Vehicle Co. Ltd. and Mahindra & Mahindra Ltd. among others. 

Major producers are focusing on new and innovative product launches to stay competitive. Merida Industry Co. Ltd. for instance, in November 2019 launched new models of its eBIG.TOUR and eBIG.NINE e-bikes, with a number of new and improved features in comparison to its predecessor. Giant in October 2019 launched the Revolt E+ Pro, a versatile drop-bar e-bike that’s designed for variable terrain, including roads, gravel, and dirt

The global e-bike market is segmented as follows:

By Type

  • Pedal Assisted
  • Throttle Assisted

By Usage

  • Mountain/Trekking
  • City/Urban
  • Cargo

By Battery Type

  • Lithium-ion Batter
  • Lead Acid Battery

By Power

  • Less than equal to 250W
  • Above 250W
  • Lead Acid Battery

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Usage
        • 2.1.1.3. Market Attractiveness Analysis, By Battery Type
        • 2.1.1.4. Market Attractiveness Analysis, By Power
        • 2.1.1.5. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global E-bike Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 E-bike Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
  • Chapter No. 5 E-bike Market – Usage Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Usage, 2020 & 2028
  • Chapter No. 6 E-bike Market – Battery Type Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Battery Type, 2020 & 2028
  • Chapter No. 7 E-bike Market – Power Segment Analysis
    • 7.1. Overview
      • 7.1.1. Market Revenue Share, By Power, 2020 & 2028
  • Chapter No. 8 E-bike Market – Regional Analysis
    • 8.1. Overview
      • 8.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 8.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 8.2. North America
      • 8.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 8.2.3. North America Market Revenue, By Usage, 2016 – 2028
      • 8.2.4. North America Market Revenue, By Battery Type, 2016 – 2028
      • 8.2.5. North America Market Revenue, By Power, 2016 – 2028
      • 8.2.6. U.S.
        • 8.2.6.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 8.2.6.2. U.S. Market Revenue, By Usage, 2016 – 2028
        • 8.2.6.3. U.S. Market Revenue, By Battery Type, 2016 – 2028
        • 8.2.6.4. U.S. Market Revenue, By Power, 2016 – 2028
      • 8.2.7. Canada
        • 8.2.7.1. Canada Market Revenue, By Type, 2016 – 2028
        • 8.2.7.2. Canada Market Revenue, By Usage, 2016 – 2028
        • 8.2.7.3. Canada Market Revenue, By Battery Type, 2016 – 2028
        • 8.2.7.4. Canada Market Revenue, By Power, 2016 – 2028
      • 8.2.8. Mexico
        • 8.2.8.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 8.2.8.2. Mexico Market Revenue, By Usage, 2016 – 2028
        • 8.2.8.3. Mexico Market Revenue, By Battery Type, 2016 – 2028
        • 8.2.8.4. Mexico Market Revenue, By Power, 2016 – 2028
    • 8.3. Europe
      • 8.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 8.3.3. Europe Market Revenue, By Usage, 2016 – 2028
      • 8.3.4. Europe Market Revenue, By Battery Type, 2016 – 2028
      • 8.3.5. Europe Market Revenue, By Power, 2016 – 2028
      • 8.3.6. Germany
        • 8.3.6.1. Germany Market Revenue, By Type, 2016 – 2028
        • 8.3.6.2. Germany Market Revenue, By Usage, 2016 – 2028
        • 8.3.6.3. Germany Market Revenue, By Battery Type, 2016 – 2028
        • 8.3.6.4. Germany Market Revenue, By Power, 2016 – 2028
      • 8.3.7. France
        • 8.3.7.1. France Market Revenue, By Type, 2016 – 2028
        • 8.3.7.2. France Market Revenue, By Usage, 2016 – 2028
        • 8.3.7.3. France Market Revenue, By Battery Type, 2016 – 2028
        • 8.3.7.4. France Market Revenue, By Power, 2016 – 2028
      • 8.3.8. U.K.
        • 8.3.8.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 8.3.8.2. U.K. Market Revenue, By Usage, 2016 – 2028
        • 8.3.8.3. U.K. Market Revenue, By Battery Type, 2016 – 2028
        • 8.3.8.4. U.K. Market Revenue, By Power, 2016 – 2028
      • 8.3.9. Italy
        • 8.3.9.1. Italy Market Revenue, By Type, 2016 – 2028
        • 8.3.9.2. Italy Market Revenue, By Usage, 2016 – 2028
        • 8.3.9.3. Italy Market Revenue, By Battery Type, 2016 – 2028
        • 8.3.9.4. Italy Market Revenue, By Power, 2016 – 2028
      • 8.3.10. Spain
        • 8.3.10.1. Spain Market Revenue, By Type, 2016 – 2028
        • 8.3.10.2. Spain Market Revenue, By Usage, 2016 – 2028
        • 8.3.10.3. Spain Market Revenue, By Battery Type, 2016 – 2028
        • 8.3.10.4. Spain Market Revenue, By Power, 2016 – 2028
      • 8.3.11. Rest of Europe
        • 8.3.11.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 8.3.11.2. Rest of Europe Market Revenue, By Usage, 2016 – 2028
        • 8.3.11.3. Rest of Europe Market Revenue, By Battery Type, 2016 – 2028
        • 8.3.11.4. Rest of Europe Market Revenue, By Power, 2016 – 2028
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 8.4.3. Asia Pacific Market Revenue, By Usage, 2016 – 2028
      • 8.4.4. Asia Pacific Market Revenue, By Battery Type, 2016 – 2028
      • 8.4.5. Asia Pacific Market Revenue, By Power, 2016 – 2028
      • 8.4.6. China
        • 8.4.6.1. China Market Revenue, By Type, 2016 – 2028
        • 8.4.6.2. China Market Revenue, By Usage, 2016 – 2028
        • 8.4.6.3. China Market Revenue, By Battery Type, 2016 – 2028
        • 8.4.6.4. China Market Revenue, By Power, 2016 – 2028
      • 8.4.7. Japan
        • 8.4.7.1. Japan Market Revenue, By Type, 2016 – 2028
        • 8.4.7.2. Japan Market Revenue, By Usage, 2016 – 2028
        • 8.4.7.3. Japan Market Revenue, By Battery Type, 2016 – 2028
        • 8.4.7.4. Japan Market Revenue, By Power, 2016 – 2028
      • 8.4.8. India
        • 8.4.8.1. India Market Revenue, By Type, 2016 – 2028
        • 8.4.8.2. India Market Revenue, By Usage, 2016 – 2028
        • 8.4.8.3. India Market Revenue, By Battery Type, 2016 – 2028
        • 8.4.8.4. India Market Revenue, By Power, 2016 – 2028
      • 8.4.9. South Korea
        • 8.4.9.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 8.4.9.2. South Korea Market Revenue, By Usage, 2016 – 2028
        • 8.4.9.3. South Korea Market Revenue, By Battery Type, 2016 – 2028
        • 8.4.9.4. South Korea Market Revenue, By Power, 2016 – 2028
      • 8.4.10. South-East Asia
        • 8.4.10.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 8.4.10.2. South-East Asia Market Revenue, By Usage, 2016 – 2028
        • 8.4.10.3. South-East Asia Market Revenue, By Battery Type, 2016 – 2028
        • 8.4.10.4. South-East Asia Market Revenue, By Power, 2016 – 2028
      • 8.4.11. Rest of Asia Pacific
        • 8.4.11.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 8.4.11.2. Rest of Asia Pacific Market Revenue, By Usage, 2016 – 2028
        • 8.4.11.3. Rest of Asia Pacific Market Revenue, By Battery Type, 2016 – 2028
        • 8.4.11.4. Rest of Asia Pacific Market Revenue, By Power, 2016 – 2028
    • 8.5. Latin America
      • 8.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 8.5.3. Latin America Market Revenue, By Usage, 2016 – 2028
      • 8.5.4. Latin America Market Revenue, By Battery Type, 2016 – 2028
      • 8.5.5. Latin America Market Revenue, By Power, 2016 – 2028
      • 8.5.6. Brazil
        • 8.5.6.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 8.5.6.2. Brazil Market Revenue, By Usage, 2016 – 2028
        • 8.5.6.3. Brazil Market Revenue, By Battery Type, 2016 – 2028
        • 8.5.6.4. Brazil Market Revenue, By Power, 2016 – 2028
      • 8.5.7. Argentina
        • 8.5.7.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 8.5.7.2. Argentina Market Revenue, By Usage, 2016 – 2028
        • 8.5.7.3. Argentina Market Revenue, By Battery Type, 2016 – 2028
        • 8.5.7.4. Argentina Market Revenue, By Power, 2016 – 2028
      • 8.5.8. Rest of Latin America
        • 8.5.8.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 8.5.8.2. Rest of Latin America Market Revenue, By Usage, 2016 – 2028
        • 8.5.8.3. Rest of Latin America Market Revenue, By Battery Type, 2016 – 2028
        • 8.5.8.4. Rest of Latin America Market Revenue, By Power, 2016 – 2028
    • 8.6. The Middle-East and Africa
      • 8.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 8.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 8.6.3. The Middle-East and Africa Market Revenue, By Usage, 2016 – 2028
      • 8.6.4. The Middle-East and Africa Market Revenue, By Battery Type, 2016 – 2028
      • 8.6.5. The Middle-East and Africa Market Revenue, By Power, 2016 – 2028
      • 8.6.6. GCC Countries
        • 8.6.6.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 8.6.6.2. GCC Countries Market Revenue, By Usage, 2016 – 2028
        • 8.6.6.3. GCC Countries Market Revenue, By Battery Type, 2016 – 2028
        • 8.6.6.4. GCC Countries Market Revenue, By Power, 2016 – 2028
      • 8.6.7. South Africa
        • 8.6.7.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 8.6.7.2. South Africa Market Revenue, By Usage, 2016 – 2028
        • 8.6.7.3. South Africa Market Revenue, By Battery Type, 2016 – 2028
        • 8.6.7.4. South Africa Market Revenue, By Power, 2016 – 2028
      • 8.6.8. Rest of Middle-East Africa
        • 8.6.8.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 8.6.8.2. Rest of Middle-East Africa Market Revenue, By Usage, 2016 – 2028
        • 8.6.8.3. Rest of Middle-East Africa Market Revenue, By Battery Type, 2016 – 2028
        • 8.6.8.4. Rest of Middle-East Africa Market Revenue, By Power, 2016 – 2028
  • Chapter No. 9 E-bike Market – Industry Analysis
    • 9.1. Introduction
    • 9.2. Market Drivers
      • 9.2.1. Driving Factor 1 Analysis
      • 9.2.2. Driving Factor 2 Analysis
    • 9.3. Market Restraints
      • 9.3.1. Restraining Factor Analysis
    • 9.4. Market Opportunities
      • 9.4.1. Market Opportunity Analysis
    • 9.5. Porter’s Five Forces Analysis
    • 9.6. PEST Analysis
    • 9.7. Regulatory Landscape
    • 9.8. Technulogy Landscape
    • 9.9. Regional Market Trends
      • 9.9.1. North America
      • 9.9.2. Europe
      • 9.9.3. Asia Pacific
      • 9.9.4. Latin America
      • 9.9.5. The Middle-East and Africa
    • 9.10. Pricing Analysis
    • 9.11. Value Chain Analysis
    • 9.12. Downstream Buyers
    • 9.13. Distributors/Traders List
  • Chapter No. 10 Competitive Landscape
    • 10.1. Company Market Share Analysis – 2019
      • 10.1.1. Global E-bike Market: Company Market Share, 2019
      • 10.1.2. Global E-bike Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 10.1.3. Global E-bike Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 10.1.4. Global E-bike Market: Radar Determinant Chart, 2019
    • 10.2. Strategic Developments
      • 10.2.1. Acquisitions & Mergers
      • 10.2.2. New Product Launch
      • 10.2.3. Regional Expansion
    • 10.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 11 Company Profiles
    • 11.1. Yamaha Motor Corporation
      • 11.1.1. Company Overview
      • 11.1.2. Key Executives
      • 11.1.3. Product Portfulio
      • 11.1.4. Financial Overview
      • 11.1.5. Operating Business Segments
      • 11.1.6. Business Performance
      • 11.1.7. Recent Developments
    • 11.2. Giant Manufacturing
    • 11.3. Merida Industry Co. Ltd.
    • 11.4. Riese & Müller GmBH
    • 11.5. Fritzmeier Systems GmbH & Co. KG
  • Chapter No. 12 Marketing Strategy Analysis
    • 12.1. Marketing Channel
    • 12.2. Direct Marketing
    • 12.3. Indirect Marketing
    • 12.4. Marketing Channel Development Trends
    • 12.5. Economic/Pulitical Environmental Change
  • Chapter No. 13 Research Methodulogy
    • 13.1. Research Methodulogy
    • 13.2. Phase I - Secondary Research
    • 13.3. Phase II - Data Modeling
      • 13.3.1. Company Share Analysis Model
      • 13.3.2. Revenue Based Modeling
    • 13.4. Phase III - Primary Research
    • 13.5. Research Limitations
      • 13.5.1. Assumptions

Methodology


Frequently Asked Questions

The global e-bike market was valued at USD 22084.9 Million in 2020.

The global e-bike market is expected to reach USD 52188.3 Million by 2028, growing at a CAGR of 11.4% between 2021 to 2028.

Some of the key factors driving the global e-bike market growth are its associated health benefits, ease of use and rising demand for environmentally responsible commute options.

European region held a substantial share of the e-bike market in 2020. This is attributable to e-bikes being the preferred mode of commute and one of the fastest growing segments in the transport market in Europe. Asia Pacific region is projected to grow at a significant rate owing to the rising demand for e-bikes in developing economies such as China and Taiwan.

 

Some of the major companies operating in the e-bike market are Yamaha Motor Corporation, Giant Manufacturing, Merida Industry Co. Ltd., Riese & Müller GmBH, Fritzmeier Systems GmbH & Co. KG, Accell Group, Derby Cycle, Fuji-ta Bicycle Co., Jiangsu Xinri E-Vehicle Co. Ltd. and Mahindra & Mahindra Ltd. among others.

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