Market Size of japan e-bike Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 0.99 Billion |
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Market Size (2029) | USD 1.78 Billion |
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Largest Share by Propulsion Type | Pedal Assisted |
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CAGR (2024 - 2029) | 12.57 % |
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Fastest Growing by Propulsion Type | Speed Pedelec |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Japan E-bike Market Analysis
The Japan E-bike Market size is estimated at 0.99 billion USD in 2024, and is expected to reach 1.78 billion USD by 2029, growing at a CAGR of 12.57% during the forecast period (2024-2029).
0.99 Billion
Market Size in 2024 (USD)
1.78 Billion
Market Size in 2029 (USD)
13.05 %
CAGR (2017-2023)
12.57 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
81.35 %
value share, Pedal Assisted, 2023
Daily commuting to offices, maintaining health, saving fuel, and opting for cleaner rides that are easily affordable are contributing to the growth of pedal-assisted bicycles.
Largest Segment by Application Type
78.56 %
value share, City/Urban, 2023
The usage of bikes in various locations for several purposes, such as offices, businesses, schools, and courier deliveries, is increasing the share of city/urban bikes by application.
Largest Segment by Battery Type
89.65 %
value share, Lithium-ion Battery, 2023
Cutting-edge technology, better range, long battery lives, and quick charging features are facilitating the increased use of lithium-ion batteries in bicycles.
Fastest-Growing Segment by Propulsion Type
16.83 %
Projected CAGR, Speed Pedelec, 2024-2029
The speed pedelecs segment is expanding at the fastest rate due to rising consumer demand for fast bikes, owing to the requirement of quick traveling in congested areas while also saving fuel costs.
Leading Market Player
9.53 %
market share, Asahi Cycle Co. Ltd, 2022
Strong brand awareness, wide product offering satisfying various usage and needs of customer well established supply chain network has made Asahi a largest market player in Japan E bike market.
PROPULSION SEGMENT MARKET OVERVIEW
- Japan is an Asian country that is no stranger to electric bikes. Electric power-assisted bicycles were introduced to the Japanese market, aiding the elderly by requiring less physical strength to navigate their daily life on a bicycle. The fundamental advantage of motorized bicycles, such as pedelecs, is the ease with which they may be used in daily life, such as doing errands or commuting. The majority of pedelec owners in Japan purchased their pedal-assist electric bicycles because they live in a residential area with a high number of slopes.
- Due to the island's rough geography, Japan's road system comprises more than 1.28 million kilometres of length and hundreds of bridges and tunnels. Because there are so many highways in Japan with little traffic, long-distance cycling is extremely common throughout much of the country. In 2021, pedal electric cycles (pedelecs), which make up around 12.2 percent of all new bicycle sales in Japan, will typically cost between 70 and 150 thousand Japanese yen.
- In Japan, the number of events using motorised bicycles has decreased from approximately 23.14 thousand in 2011 to fewer than 7,000 in 2020. The increased number of bicycles on the road reduces the likelihood of an accident. Rising youth interest in sports such as uphill cycling, as well as increased awareness of a healthy and active lifestyle, are expected to fuel market demand in the future years. The pedal-assist bicycle is useful for short distances, but the speed Pedelec will be the most convenient option in the near future. Furthermore, as power and speed capabilities improve, consumers will most likely gravitate toward the Speed Pedelec category in the coming years.
Japan E-bike Industry Segmentation Japan E-bike Industry Segmentation
Pedal Assisted, Speed Pedelec, Throttle Assisted are covered as segments by Propulsion Type. Cargo/Utility, City/Urban, Trekking are covered as segments by Application Type. Lead Acid Battery, Lithium-ion Battery, Others are covered as segments by Battery Type.
- Japan is an Asian country that is no stranger to electric bikes. Electric power-assisted bicycles were introduced to the Japanese market, aiding the elderly by requiring less physical strength to navigate their daily life on a bicycle. The fundamental advantage of motorized bicycles, such as pedelecs, is the ease with which they may be used in daily life, such as doing errands or commuting. The majority of pedelec owners in Japan purchased their pedal-assist electric bicycles because they live in a residential area with a high number of slopes.
- Due to the island's rough geography, Japan's road system comprises more than 1.28 million kilometres of length and hundreds of bridges and tunnels. Because there are so many highways in Japan with little traffic, long-distance cycling is extremely common throughout much of the country. In 2021, pedal electric cycles (pedelecs), which make up around 12.2 percent of all new bicycle sales in Japan, will typically cost between 70 and 150 thousand Japanese yen.
- In Japan, the number of events using motorised bicycles has decreased from approximately 23.14 thousand in 2011 to fewer than 7,000 in 2020. The increased number of bicycles on the road reduces the likelihood of an accident. Rising youth interest in sports such as uphill cycling, as well as increased awareness of a healthy and active lifestyle, are expected to fuel market demand in the future years. The pedal-assist bicycle is useful for short distances, but the speed Pedelec will be the most convenient option in the near future. Furthermore, as power and speed capabilities improve, consumers will most likely gravitate toward the Speed Pedelec category in the coming years.
| Propulsion Type | |
| Pedal Assisted | |
| Speed Pedelec | |
| Throttle Assisted |
| Application Type | |
| Cargo/Utility | |
| City/Urban | |
| Trekking |
| Battery Type | |
| Lead Acid Battery | |
| Lithium-ion Battery | |
| Others |
Japan E-bike Market Size Summary
The Japan e-bike market is experiencing significant growth, driven by the increasing popularity of electric power-assisted bicycles, particularly pedelecs. These bicycles offer the advantage of ease of use, making them ideal for daily activities such as commuting and running errands, especially in areas with steep terrains. The rugged geography of Japan, with its extensive network of roads, bridges, and tunnels, supports the use of e-bikes for long-distance cycling. The market is also witnessing a shift in consumer demographics, with a growing interest among younger individuals in sports like uphill cycling and a heightened awareness of healthy lifestyles. This trend is expected to boost demand for e-bikes, particularly speed pedelecs, as advancements in power and speed capabilities make them more appealing.
The adoption of e-bikes in Japan has been further accelerated by the resumption of business activities and the easing of trade restrictions post-pandemic. E-bikes are becoming a preferred mode of transportation in urban areas due to their agility and efficiency compared to cars. The market is seeing increased demand from older adults and working parents, who appreciate the convenience and reduced physical exertion required for commuting. The bicycle culture in Japan is gaining momentum, with more people opting for bicycles for short trips, commuting, and exercise, driven by the benefits of fuel efficiency, time savings, and carbon-free travel. The market is fragmented, with key players like Asahi Cycle Co. Ltd, Fujikom Co. Ltd, Maruishi, Panasonic Cycle Technology Co. Ltd, and Yamaha Bicycles leading the way in innovation and product offerings.
Japan E-bike Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Propulsion Type
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1.1.1 Pedal Assisted
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1.1.2 Speed Pedelec
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1.1.3 Throttle Assisted
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1.2 Application Type
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1.2.1 Cargo/Utility
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1.2.2 City/Urban
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1.2.3 Trekking
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1.3 Battery Type
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1.3.1 Lead Acid Battery
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1.3.2 Lithium-ion Battery
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1.3.3 Others
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Japan E-bike Market Size FAQs
How big is the Japan E-bike Market?
The Japan E-bike Market size is expected to reach USD 987.51 million in 2024 and grow at a CAGR of 12.57% to reach USD 1.78 billion by 2029.
What is the current Japan E-bike Market size?
In 2024, the Japan E-bike Market size is expected to reach USD 987.51 million.
