Middle-East and Africa E-Bike Market Size (2024 - 2029)

The Middle-East and Africa electric-bike market is experiencing growth, driven by an increasing demand for bicycles as a safer transportation option amid health concerns and a rising health consciousness among consumers. Despite initial setbacks due to pandemic-related store closures, the market is expanding, with South Africa showing significant growth potential due to a shift towards healthier lifestyles and recreational activities. However, the high cost of e-bikes poses a challenge to market expansion. The development of e-bike infrastructure, particularly in areas where it intersects with car traffic, is crucial for enhancing safety and encouraging adoption.

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Market Size of Middle-East and Africa E-Bike Industry

Middel-East and Africa Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.80 %
Market Concentration Low

Major Players

Middle-East and Africa E-Bike Market Major Players

*Disclaimer: Major Players sorted in no particular order

Middle-East and Africa E-Bike Market Analysis

Middle-East and Africa E-Bike Market were valued at USD 805.12 Million in 2021, and it is projected to reach USD 1269.83 Million by 2027, registering a CAGR of 7.89% over the forecast period.

E-bike sales first fell due to the closure of offline stores across Middle-East and Africa due to COVID-19 pandemic-induced limitations. However, demand for bicycles has recently increased, with a large increase in the number of consumers attempting to avoid public transit due to fear of getting the virus. Furthermore, with consumers becoming more health-conscious, bicycles are now considered as a more dependable and healthful mode of transportation.

Over the medium term, traffic in the region is relatively unstructured, with high speeds and frequent lane changes, making bikers vulnerable. E-Bike is particularly susceptible to traffic, the e-bike path's success is strongly dependent on providing a safe cycling environment. However, there are places where the e-bike infrastructure intersects with the car infrastructure, most notably where the E-Bike path runs through residential areas. The law should help to safeguard bikes from motorized traffic in these areas. While Dubai and Abu Dhabi may not appear to be e-bike cities due to their congested roads, there are various tracks around the country that are ideal for individual and group rides.

However, high cost associated with e-bike may hamper the market growth over the forecast period.

The South Africa E-bike market is projected to expand at a significant growth rate during the forecast period. Factors such as inclination towards healthy lifestyles, a growing fitness trend, and increasing preference for recreational activities are driving the market. The decrease in the cost of Li-ion batteries is driving the e-bikes market.

Middle-East and Africa E-Bike Industry Segmentation

E-bikes, often known as electric bikes, are bicycles that include an electric motor that gives the rider a boost. The motor can be used to go far faster than normal, power up steep hills, or balance out the varied abilities of riders in a group.

Middle-East and Africa E-Bike Market have been segmented by Propulsion Type, Battery Type, Application, and Country.

Middle-East and Africa E-Bike Market are segmented by Propulsion Type, Battery Type, and Application. By propulsion type, the market is segmented into pedal-assisted and throttle-assisted. By Battery Type, the market is segmented into Lithium-ion Batteries, Lead-acid Batteries, and Other Battery Types. By Applications, the market is segmented into city/urban, e-mountain, and cargo. By Country, the market is segmented into United Arab Emirates, South Africa, Saudi Arabia, and Rest of the Middle-East and Africa. The report covers the market size and forecast in value (USD Million) for all the above segments.

Propulsion Type
Pedal-assisted
Throttle-assisted
Battery Type
Lithium-ion Battery
Lead-acid Battery
Other Battery Types
Application
City/Urban
E-Mountain
Cargo
Geography
Middle-East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Middle-East and Africa E-Bike Market Size Summary

The Middle-East and Africa electric-bike market is experiencing a notable transformation, driven by a shift in consumer preferences towards healthier and more sustainable modes of transportation. The initial decline in e-bike sales due to COVID-19 restrictions has been reversed as consumers increasingly seek alternatives to public transit. This shift is further supported by the growing awareness of health benefits and the desire to reduce carbon footprints. Despite challenges such as high costs and traffic safety concerns, the market is poised for growth, particularly in regions like South Africa, where a rising interest in fitness and recreational activities is fueling demand. The decreasing cost of Li-ion batteries is also contributing to the market's expansion, making e-bikes more accessible to a broader audience.

The market is witnessing significant developments, including the introduction of smart e-bike monitoring systems and the expansion of e-bike rental services in tourist areas. These innovations are enhancing the appeal of e-bikes as a convenient and eco-friendly transportation option. The popularity of trekking and mountain e-bikes is on the rise, driven by consumer interest in adventure sports and the prestige associated with high-performance models. Strategic partnerships and expansions by key players, such as FENIX and TIER, are further bolstering the market, with initiatives like shared electric bike services and the introduction of advanced e-bike fleets. These efforts are aligned with the broader trend towards sustainable urban mobility solutions, offering promising growth opportunities in the region.

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Middle-East and Africa E-Bike Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Propulsion Type

      1. 2.1.1 Pedal-assisted

      2. 2.1.2 Throttle-assisted

    2. 2.2 Battery Type

      1. 2.2.1 Lithium-ion Battery

      2. 2.2.2 Lead-acid Battery

      3. 2.2.3 Other Battery Types

    3. 2.3 Application

      1. 2.3.1 City/Urban

      2. 2.3.2 E-Mountain

      3. 2.3.3 Cargo

    4. 2.4 Geography

      1. 2.4.1 Middle-East and Africa

        1. 2.4.1.1 United Arab Emirates

        2. 2.4.1.2 Saudi Arabia

        3. 2.4.1.3 South Africa

        4. 2.4.1.4 Rest of Middle-East and Africa

Middle-East and Africa E-Bike Market Size FAQs

The Middle-East and Africa E-Bike Market is projected to register a CAGR of greater than 7.80% during the forecast period (2024-2029)

Giant Bicycles, TIER Mobility AG, BIKEERA , Trek Bicycle Corporation and myStromer AG are the major companies operating in the Middle-East and Africa E-Bike Market.

Middle-East and Africa Bike Market Report Snapshots

Middle-East and Africa Electric-Bike Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)