According
to a new market research report published by Credence Research “Electric
Bicycles Market (Component – Controllers, Motors & Drivetrains
and Batteries (Li-ion Batteries, SLA Batteries and Others); Control System –
Throttle Control and Pedal Assist; Age Group – Below 15 years and Above 15
years; Sales Channel – Online and Offline) – Growth, Future Prospects and
Competitive Analysis, 2018 – 2026”, the electric bicycle market expected to be
growing at a compounded annual growth rate (CAGR) of 6.5% from 2018 to 2026 and
reach US$ 25.64 Bn in 2026.
Market
Insights
The
electric bicycle market expected to be growing at a compounded annual growth
rate (CAGR) of 6.5% from 2018 to 2026 and reach US$ 25.64 Bn by 2026. In recent
years, electric bicycles have been stranger to people. It might be surprising
to know that they have been around for almost a decade, however, skepticism
among people limited its sales. Some of prominent factors, contributing to its
decline included a high price point, heavy lead-acid batteries and lack of
knowledge. Interestingly, the last 3 years has witnessed a drastic change in
this segment. Introduction of electric bicycles by popular cycle brands coupled
with growing “eco-consciousness” among people has been important factors
contributing to the electric bicycles market growth.
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Another
factor leading to the growing popularity of electric bicycles among urban
cyclists can be attributed to increasing popularity and knowledge of cycling.
Enhancemnent in electric bicycle batteries has further helped the market to
flourish. A major contribution in this regards has been the introduction of
lithium ion battery, which being lightweight also has a higher capacity,
thereby enabling longer distances on a single charge.
As
per recent trends, it has been observed that electric bicycles are becoming
lighter, thanks to the lithium ion batteries that is light on weight and high
on range. Moreover, the manufacturers are also diverting their focus on
launching electric bicycles with better looks. In order to do so, they are
integrating the battery into the frame. Moreover, in coming years, an
increasing number of people are expected to seek greener modes of
transportation and electric bicycles in this context would a play a crucial
role. Research and development activities in the coming years would revolve
around battery improvements. These improvements would mostly focus upon making
the battery smaller, lighter and more powerful.
Asia
Pacific held the largest market share in the overall electric bicycles market
in 2017. The region is dotted with the presence of a large number
manufacturers, a factor driving market growth in the region. In recent years,
the country has witnessed a high adoption of electric bicycles. Moreover, cheap
availability of electric bicycles in the country has further helped the market
to flourish in the country. India is another country in the region which is
expected to offer enormous growth potential for the electric bicycles market in
coming years.
Some
of the major players operating in the electric bicycles market include Accell
Group, NYCeWheels, Easy Motion USA, Derby Cycle, Jiangsu Xinri E-Vehicle Co.,
Ltd., Moustache Bikes, Karbon Kinetics Limited, myStromer AG, A2B Electric
Bikes and Pedego Electric Bikes among others.
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Electric Bicycles Market
2.2 Global Electric Bicycles Market, By Component, 2017
2.3 Global Electric Bicycles Market, By Control System, 2017
2.4 Global Electric Bicycles Market, By Age Group, 2017
2.5 Global Electric Bicycles Market, By Sales Channel, 2017
2.6 Global Electric Bicycles Market, By Geography, 2017
2.1 Market Snapshot: Global Electric Bicycles Market
2.2 Global Electric Bicycles Market, By Component, 2017
2.3 Global Electric Bicycles Market, By Control System, 2017
2.4 Global Electric Bicycles Market, By Age Group, 2017
2.5 Global Electric Bicycles Market, By Sales Channel, 2017
2.6 Global Electric Bicycles Market, By Geography, 2017
Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Electric Bicycles Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
3.1 Market Overview
3.1.1 Global Electric Bicycles Market Value, 2016 – 2026
3.2 Market Drivers
3.3 Market Challenges
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends and Future Outlook
3.5 Attractive Investment Proposition, by Geography
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Electric Bicycles Market Analysis, by
Component, 2016 – 2026
4.1 Overview
4.2 Controllers
4.3 Motors & Drivertrains
4.4 Batteries
4.4.1 Li-ion Batteries
4.4.2 SLA Batteries
4.4.3 Others (NiCad and NiMH)
4.1 Overview
4.2 Controllers
4.3 Motors & Drivertrains
4.4 Batteries
4.4.1 Li-ion Batteries
4.4.2 SLA Batteries
4.4.3 Others (NiCad and NiMH)
Chapter 5 Global Electric Bicycles Market Analysis, by
Control System, 2016 – 2026
5.1 Overview
5.2 Throttle Control
5.3 Pedal Assist
5.1 Overview
5.2 Throttle Control
5.3 Pedal Assist
Chapter 6 Global Electric Bicycles Market Analysis, by
Age Group, 2016 – 2026
6.1 Overview
6.2 Below 15 years
6.3 Above 15 years
6.1 Overview
6.2 Below 15 years
6.3 Above 15 years
Chapter 7 Global Electric Bicycles Market Analysis, by
Sales Channel, 2016 – 2026
7.1 Overview
7.2 Online
7.3 Offline
7.1 Overview
7.2 Online
7.3 Offline
Chapter 8 North America Electric Bicycles Market
Analysis, 2016 – 2026
8.1 Overview
8.2 North America Electric Bicycles Market Analysis, By Component, 2016 – 2026
8.2.1 Market Analysis
8.3 North America Electric Bicycles Market Analysis, By Control System, 2016 – 2026
8.3.1 Market Analysis
8.4 North America Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
8.4.1 Market Analysis
8.5 North America Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
8.5.1 Market Analysis
8.6 North America Electric Bicycles Market Analysis, By Country, 2016 – 2026
8.6.1 U.S.
8.6.2 Canada
8.1 Overview
8.2 North America Electric Bicycles Market Analysis, By Component, 2016 – 2026
8.2.1 Market Analysis
8.3 North America Electric Bicycles Market Analysis, By Control System, 2016 – 2026
8.3.1 Market Analysis
8.4 North America Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
8.4.1 Market Analysis
8.5 North America Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
8.5.1 Market Analysis
8.6 North America Electric Bicycles Market Analysis, By Country, 2016 – 2026
8.6.1 U.S.
8.6.2 Canada
Chapter 9 Europe Electric Bicycles Market Analysis, 2016
– 2026
9.1 Overview
9.2 Europe Electric Bicycles Market Analysis, By Component, 2016 – 2026
9.2.1 Market Analysis
9.3 Europe Electric Bicycles Market Analysis, By Control System, 2016 – 2026
9.3.1 Market Analysis
9.4 Europe Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
9.4.1 Market Analysis
9.5 Europe Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
9.5.1 Market Analysis
9.6 Europe Electric Bicycles Market Analysis, By Region/Country, 2016 – 2026
9.6.1 U.K.
9.6.1 Germany
9.6.2 France
9.6.3 Rest of Europe
9.1 Overview
9.2 Europe Electric Bicycles Market Analysis, By Component, 2016 – 2026
9.2.1 Market Analysis
9.3 Europe Electric Bicycles Market Analysis, By Control System, 2016 – 2026
9.3.1 Market Analysis
9.4 Europe Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
9.4.1 Market Analysis
9.5 Europe Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
9.5.1 Market Analysis
9.6 Europe Electric Bicycles Market Analysis, By Region/Country, 2016 – 2026
9.6.1 U.K.
9.6.1 Germany
9.6.2 France
9.6.3 Rest of Europe
Chapter 10 Asia Pacific Electric Bicycles Market
Analysis, 2016 – 2026
10.1 Overview
10.2 Asia Pacific Electric Bicycles Market Analysis, By Component, 2016 – 2026
10.2.1 Market Analysis
10.3 Asia Pacific Electric Bicycles Market Analysis, By Control System, 2016 – 2026
10.3.1 Market Analysis
10.4 Asia Pacific Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
10.4.1 Market Analysis
10.5 Asia Pacific Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
10.5.1 Market Analysis
10.6 Asia Pacific Electric Bicycles Market Analysis, By Region/Country, 2016 – 2026
10.6.1 China
10.6.2 Japan
10.6.3 India
10.6.4 Rest of Asia Pacific
10.1 Overview
10.2 Asia Pacific Electric Bicycles Market Analysis, By Component, 2016 – 2026
10.2.1 Market Analysis
10.3 Asia Pacific Electric Bicycles Market Analysis, By Control System, 2016 – 2026
10.3.1 Market Analysis
10.4 Asia Pacific Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
10.4.1 Market Analysis
10.5 Asia Pacific Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
10.5.1 Market Analysis
10.6 Asia Pacific Electric Bicycles Market Analysis, By Region/Country, 2016 – 2026
10.6.1 China
10.6.2 Japan
10.6.3 India
10.6.4 Rest of Asia Pacific
Chapter 11 Rest of the World (RoW) Electric Bicycles
Market Analysis, 2016 – 2026
11.1 Overview
11.2 RoW Electric Bicycles Market Analysis, By Component, 2016 – 2026
11.2.1 Market Analysis
11.3 RoW Electric Bicycles Market Analysis, By Control System, 2016 – 2026
11.3.1 Market Analysis
11.4 RoW Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
11.4.1 Market Analysis
11.5 RoW Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
11.5.1 Market Analysis
11.6 RoW Electric Bicycles Market Analysis, By Country, 2016 – 2026
11.6.1 Middle East & Africa (MEA)
11.6.2 Latin America
11.1 Overview
11.2 RoW Electric Bicycles Market Analysis, By Component, 2016 – 2026
11.2.1 Market Analysis
11.3 RoW Electric Bicycles Market Analysis, By Control System, 2016 – 2026
11.3.1 Market Analysis
11.4 RoW Electric Bicycles Market Analysis, By Age Group, 2016 – 2026
11.4.1 Market Analysis
11.5 RoW Electric Bicycles Market Analysis, By Sales Channel, 2016 – 2026
11.5.1 Market Analysis
11.6 RoW Electric Bicycles Market Analysis, By Country, 2016 – 2026
11.6.1 Middle East & Africa (MEA)
11.6.2 Latin America
Chapter 12 Company Profiles
12.1 Accell Group
12.2 NYCeWheels
12.3 Easy Motion USA
12.4 Derby Cycle
12.5 Jiangsu Xinri E-Vehicle Co.
12.6 Moustache Bikes
12.7 Karbon Kinetics Limited
12.8 myStromer AG
12.9 A2B Electric Bikes
12.10 Pedego Electric Bikes
12.1 Accell Group
12.2 NYCeWheels
12.3 Easy Motion USA
12.4 Derby Cycle
12.5 Jiangsu Xinri E-Vehicle Co.
12.6 Moustache Bikes
12.7 Karbon Kinetics Limited
12.8 myStromer AG
12.9 A2B Electric Bikes
12.10 Pedego Electric Bikes
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