Middle-east E-bike Market Size
|
Study Period | 2017 - 2029 |
|
Market Size (2024) | USD 64.81 Million |
|
|
Market Size (2029) | USD 105.78 Million |
|
Largest Share by Propulsion Type | Pedal Assisted |
|
|
CAGR (2024 - 2029) | 10.30 % |
|
Largest Share by Country | United Arab Emirates |
Major Players |
||
|
||
|
*Disclaimer: Major Players sorted in no particular order |
Middle-east E-bike Market Analysis
The Middle-east E-bike Market size is estimated at 64.81 million USD in 2024, and is expected to reach 105.78 million USD by 2029, growing at a CAGR of 10.30% during the forecast period (2024-2029).
64.81 Million
Market Size in 2024 (USD)
105.78 Million
Market Size in 2029 (USD)
45.65 %
CAGR (2017-2023)
10.30 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
82.57 %
value share, Pedal Assisted, 2023
The motor on e-bikes with pedal help delivers much power, allowing riders to pedal more swiftly and easily. As a result, pedal assistance is the largest propulsion type.
Largest Segment by Application Type
75.48 %
value share, City/Urban, 2023
City/Urban is the most common application type for e-bikes due to their use in everyday commutes, logistics, e-bike rental services, and other activities.
Largest Segment by Battery Type
69.34 %
value share, Lithium-ion Battery, 2023
The rising usage of lithium-ion batteries in e-bicycles is due to factors like cutting-edge technology, higher range options, long battery lifespan, and quick charging features.
Largest Country
43.83 %
value share, United Arab Emirates, 2023
Well-built infrastructure, several startups, growing adoption of green mobility solutions, and increasing consumer interest in e-bikes have made the UAE the largest e-bike market across the Middle Eastern region.
Leading Market Player
4.56 %
market share, Specialized Bicycle Components, 2022
A diversified product line, strong distribution channel, good customer service support, and brand awareness among consumers make Trek Bicycle Corporation the largest company across the Middle East.
- Increasing environmental awareness, rising traffic congestion, increased awareness about personal fitness, and cycling promotion programs are the main growth factors of the Middle Eastern e-bike market. People are rethinking using bicycles as their major mode of transportation due to a lack of parking spots and increasing traffic congestion. Customers are increasingly turning toward online distribution channels to purchase bicycles, owing to a number of factors such as doorstep delivery, easy replacement, and the accessibility to a wide range of goods from the comfort of home.
- The COVID-19 outbreak in the Middle East boosted the demand for bicycles. People use bicycles for commuting and for other activities like exercising and hiking. The increased public awareness of the health advantages of pedaling is the main demand driver. Consumers want vehicles that are safer, more comfortable, and ecologically responsible. The demand for such vehicles for daily commutes has increased due to the advent of shared mobility firms.
- In the coming years, e-bikes will likely become more popular in the Middle East. Ride-sharing firms in the United Arab Emirates are diversifying their product offerings to include renting and selling options for electric bicycles. By 2029, there may be 39.9 million customers engaged in e-commerce activities. E-cargo bikes may become more well-known in the coming years. Mountain e-bikes are also in great demand as the interest in hiking and leisurely activities is growing. Due to these various factors, the market for e-bikes in the region is expected to grow rapidly.
Understand The Key Trends Shaping This Market
Download PDF
Middle-east E-bike Market Trends
The UAE's rapid growth rate highlights a burgeoning interest in e-bikes, aligning with modernization and sustainability efforts.
- The electric bicycle market in the Middle East is in its growth stage. There is an increasing demand for sustainable and eco-friendly transportation options. However, the market in the Middle East is still relatively small compared to other regions due to factors such as high costs and lack of infrastructure. In recent years, several countries in the region have taken steps to promote the adoption of electric bicycles by providing subsidies and investing in charging infrastructure. Despite these efforts, the market is still in its early stages. Further government support and investment are needed to drive better growth.
- The future of the electric bicycle industry in the Middle Eastern region looks promising due to the increasing demand for sustainable and eco-friendly transportation options. The market is expected to grow as more consumers become aware of the benefits of electric bicycles, such as reduced carbon emissions, lower operating costs, and improved health and wellness.
- Key players in the Middle Eastern e-bike market include local and international manufacturers, such as Giant, Trek, and Mercedes-Benz, and start-ups, like E-Joe and Propella. These companies offer a range of electric bicycles, including mountain bikes, road bikes, and city bikes, thereby catering to the needs of a wide range of consumers.
Understand The Key Trends Shaping This Market
Download PDF
The Middle East demonstrates a steady increase in the population commuting 5-15 km daily, reflecting consistent and evolving travel habits.
- The demand for bicycles in the Middle East has been rising steadily over the past few years. However, the proportion of people using bicycles is smaller compared to other modes of transportation. There are only a handful of people who travel between 5 and 15 kilometers. Most people rely on cars in Saudi Arabia, the United Arab Emirates, and many other countries across the region. As several people opted to commute via bicycles during the pandemic, the number of commuters traveling between 5 and 15 kilometers increased in 2020.
- The lockdowns in 2020 and 2021 had a significant impact on the demand for e-bikes and bicycles in the Middle East. This situation motivated many others to start cycling for fitness and health reasons. People frequently utilize their bikes to travel to their usual places of work, places of business, and other nearby sites like grocery stores. Due to the increasing usage of bicycles, the number of bike-based commuters in the Middle East increased in 2021.
- The usage of bicycles increased further when the COVID-19-related restrictions were lifted, and business operations resumed across the Middle Eastern countries. Due to various advantages, like carbon-free transportation, fuel efficiency, and time-saving during rush hours, bicycles and e-bikes are now frequently utilized by many people. These factors are likely to increase the number of people who commute 5-15 kilometers during the forecast period and boost the sales of e-bikes.
Understand The Key Trends Shaping This Market
Download PDF
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Middle East's bicycle sales indicate strong growth, particularly post-2020, reflecting a region-wide increase in cycling popularity.
- Saudi Arabia and the UAE demonstrate controlled inflation rates, underscoring effective monetary strategies in the region.
- The UAE and Saudi Arabia have similar price trends, both significantly above the regional average but decreasing over time.
- Modest growth overall, with slight increases in dedicated bicycle lanes in countries like Saudi Arabia and UAE.
- The Middle East presents a moderate decline, led by Saudi Arabia, while UAE shows a sharper decrease.
- The overall trend indicates a region with economic growth potential, marked by diversification and development efforts.
- The market is steadily growing, with Saudi Arabia and the UAE contributing significantly to the regional bicycle rental market.
- The hyper-local delivery sector is expanding, reflecting an increasing trend in consumer demand for localized online services.
- The Middle East's increasing trekker numbers suggest a rising interest in outdoor activities and the exploration of the region's diverse natural landscapes.
- The region generally faces high traffic congestion, especially in economically booming areas, with efforts to mitigate through infrastructure development and public transportation improvements.
Middle-east E-bike Industry Overview
The Middle-east E-bike Market is fragmented, with the top five companies occupying 8.18%. The major players in this market are Accell Group, Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Riese & Müller and Specialized Bicycle Components (sorted alphabetically).
Middle-east E-bike Market Leaders
Accell Group
Giant Manufacturing Co. Ltd.
Merida Industry Co. Ltd.
Riese & Müller
Specialized Bicycle Components
Other important companies include Jiangsu Xinri E-Vehicle Co. Ltd., M 1 - Sporttechnik GmbH & Co. KG, MHW Bike-House GmbH (Cube Bikes), Trek Bicycle Corporation, Wuxi Yadea Export-Import Co. Ltd..
*Disclaimer: Major Players sorted in alphabetical order.
Need More Details on Market Players and Competitors?
Download PDF
Middle-east E-bike Market News
- November 2022: Jiangsu Lvneng Electrical Bicycle Technology Co., Ltd. has introduced the 20F02 folding electric bicycle.
- September 2022: Specialized, announced a recall of some battery packs on specific electric mountain bike models in May 2021 owing to fire dangers caused by these batteries' flaws.
- August 2022: Evans Cycles reintroduces Cube bikes to all 71 locations, During the height of the pandemic, Cube and Evans Cycles put their commercial relationship on pause due to supply chain issues.
Free with this Report
We offer a comprehensive and complimentary collection of data points on regional and country-level metrics, crucial to understanding the industry's core structure. Our resources include over 120 free charts, providing rare data across various countries. This collection encompasses an analysis of e-bike outlets, distribution channels, and their geographical distribution, examination of average selling prices for different e-bike models across regions, insights into consumer preferences and purchasing patterns, a detailed segmentation of the market, comprehensive insights into market trends and environmental impacts, an overview of key market players, an examination of the regulatory landscape, and projections for the future of the e-bike market.
Middle-east E-bike Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Bicycle Sales
- 4.2 GDP Per Capita
- 4.3 Inflation Rate
- 4.4 Adoption Rate Of E-Bikes
- 4.5 Percent Population/Commuters With 5-15 Km Daily Travel Distance
- 4.6 Bicycle Rental
- 4.7 E-Bike Battery Price
- 4.8 Price Chart Of Different Battery Chemistry
- 4.9 Hyper-Local Delivery
- 4.10 Dedicated Bicycle Lanes
- 4.11 Number Of Trekkers
- 4.12 Battery Charging Capacity
- 4.13 Traffic Congestion Index
- 4.14 Regulatory Framework
- 4.15 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
-
5.1 Propulsion Type
- 5.1.1 Pedal Assisted
- 5.1.2 Speed Pedelec
- 5.1.3 Throttle Assisted
-
5.2 Application Type
- 5.2.1 City/Urban
- 5.2.2 Trekking
-
5.3 Battery Type
- 5.3.1 Lead Acid Battery
- 5.3.2 Lithium-ion Battery
- 5.3.3 Others
-
5.4 Country
- 5.4.1 Saudi Arabia
- 5.4.2 United Arab Emirates
- 5.4.3 Rest-of-Middle East
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles
- 6.4.1 Accell Group
- 6.4.2 Giant Manufacturing Co. Ltd.
- 6.4.3 Jiangsu Xinri E-Vehicle Co. Ltd.
- 6.4.4 M 1 - Sporttechnik GmbH & Co. KG
- 6.4.5 Merida Industry Co. Ltd.
- 6.4.6 MHW Bike-House GmbH (Cube Bikes)
- 6.4.7 Riese & Müller
- 6.4.8 Specialized Bicycle Components
- 6.4.9 Trek Bicycle Corporation
- 6.4.10 Wuxi Yadea Export-Import Co. Ltd.
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS
8. APPENDIX
-
8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- MIDDLE-EAST E-BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 2:
- MIDDLE-EAST E-BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
- Figure 3:
- MIDDLE-EAST E-BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
- Figure 4:
- MIDDLE-EAST E-BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
- Figure 5:
- MIDDLE-EAST E-BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
- Figure 6:
- MIDDLE-EAST E-BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
- Figure 7:
- MIDDLE-EAST E-BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
- Figure 8:
- MIDDLE-EAST E-BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
- Figure 9:
- MIDDLE-EAST E-BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 10:
- MIDDLE-EAST E-BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 11:
- MIDDLE-EAST E-BIKE MARKET, NUMBER OF TREKKERS, VOLUME, THOUSAND UNITS, 2017 - 2029
- Figure 12:
- MIDDLE-EAST E-BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
- Figure 13:
- MIDDLE-EAST E-BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
- Figure 14:
- MIDDLE-EAST E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
- Figure 15:
- MIDDLE-EAST E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
- Figure 16:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 17:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 18:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 19:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 20:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 21:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 22:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 23:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 24:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 25:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 26:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 27:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD, 2017 - 2029
- Figure 28:
- MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 29:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 30:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 31:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 32:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 33:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 34:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 35:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 36:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 37:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD, 2017 - 2029
- Figure 38:
- MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 39:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 40:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 41:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 42:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 43:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 44:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 45:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 46:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 47:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 48:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 49:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
- Figure 50:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD, 2017 - 2029
- Figure 51:
- MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 VS 2029
- Figure 52:
- MIDDLE-EAST E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
- Figure 53:
- MIDDLE-EAST E-BIKE MARKET, ALL , VALUE, USD, 2017 - 2029
- Figure 54:
- MIDDLE-EAST E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 VS 2023 VS 2029
- Figure 55:
- MIDDLE-EAST E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 VS 2023 VS 2029
- Figure 56:
- MIDDLE-EAST E-BIKE MARKET, SAUDI ARABIA , VOLUME, UNITS, 2017 - 2029
- Figure 57:
- MIDDLE-EAST E-BIKE MARKET, SAUDI ARABIA , VALUE, USD, 2017 - 2029
- Figure 58:
- MIDDLE-EAST E-BIKE MARKET, SAUDI ARABIA , VALUE SHARE (%), 2022 VS 2029
- Figure 59:
- MIDDLE-EAST E-BIKE MARKET, UNITED ARAB EMIRATES , VOLUME, UNITS, 2017 - 2029
- Figure 60:
- MIDDLE-EAST E-BIKE MARKET, UNITED ARAB EMIRATES , VALUE, USD, 2017 - 2029
- Figure 61:
- MIDDLE-EAST E-BIKE MARKET, UNITED ARAB EMIRATES , VALUE SHARE (%), 2022 VS 2029
- Figure 62:
- MIDDLE-EAST E-BIKE MARKET, REST-OF-MIDDLE EAST , VOLUME, UNITS, 2017 - 2029
- Figure 63:
- MIDDLE-EAST E-BIKE MARKET, REST-OF-MIDDLE EAST , VALUE, USD, 2017 - 2029
- Figure 64:
- MIDDLE-EAST E-BIKE MARKET, REST-OF-MIDDLE EAST , VALUE SHARE (%), 2022 VS 2029
- Figure 65:
- MIDDLE-EAST E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
- Figure 66:
- MIDDLE-EAST E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
- Figure 67:
- MIDDLE-EAST E-BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2022
Middle-east E-bike Industry Segmentation
Pedal Assisted, Speed Pedelec, Throttle Assisted are covered as segments by Propulsion Type. City/Urban, Trekking are covered as segments by Application Type. Lead Acid Battery, Lithium-ion Battery, Others are covered as segments by Battery Type. Saudi Arabia, United Arab Emirates, Rest-of-Middle East are covered as segments by Country.
- Increasing environmental awareness, rising traffic congestion, increased awareness about personal fitness, and cycling promotion programs are the main growth factors of the Middle Eastern e-bike market. People are rethinking using bicycles as their major mode of transportation due to a lack of parking spots and increasing traffic congestion. Customers are increasingly turning toward online distribution channels to purchase bicycles, owing to a number of factors such as doorstep delivery, easy replacement, and the accessibility to a wide range of goods from the comfort of home.
- The COVID-19 outbreak in the Middle East boosted the demand for bicycles. People use bicycles for commuting and for other activities like exercising and hiking. The increased public awareness of the health advantages of pedaling is the main demand driver. Consumers want vehicles that are safer, more comfortable, and ecologically responsible. The demand for such vehicles for daily commutes has increased due to the advent of shared mobility firms.
- In the coming years, e-bikes will likely become more popular in the Middle East. Ride-sharing firms in the United Arab Emirates are diversifying their product offerings to include renting and selling options for electric bicycles. By 2029, there may be 39.9 million customers engaged in e-commerce activities. E-cargo bikes may become more well-known in the coming years. Mountain e-bikes are also in great demand as the interest in hiking and leisurely activities is growing. Due to these various factors, the market for e-bikes in the region is expected to grow rapidly.
| Propulsion Type | Pedal Assisted |
| Speed Pedelec | |
| Throttle Assisted | |
| Application Type | City/Urban |
| Trekking | |
| Battery Type | Lead Acid Battery |
| Lithium-ion Battery | |
| Others | |
| Country | Saudi Arabia |
| United Arab Emirates | |
| Rest-of-Middle East |
Need A Different Region Or Segment?
Customize Now
Market Definition
- By Application Type - E-bikes considered under this segment include city/urban, trekking, and cargo/utility e-bikes. The common types of e-bikes under these three categories include off-road/hybrid, kids, ladies/gents, cross, MTB, folding, fat tire, and sports e-bike.
- By Battery Type - This segment includes lithium-ion batteries, lead-acid batteries, and other battery types. The other battery type category includes nickel-metal hydroxide (NiMH), silicon, and lithium-polymer batteries.
- By Propulsion Type - E-bikes considered under this segment include pedal-assisted e-bikes, throttle-assisted e-bikes, and speed pedelec. While the speed limit of pedal and throttle-assisted e-bikes is usually 25 km/h, the speed limit of speed pedelec is generally 45 km/h (28 mph).
| Keyword | Definition |
|---|---|
| Pedal Assisted | Pedal-assist or pedelec category refers to the electric bikes that provide limited power assistance through torque-assist system and do not have throttle for varying the speed. The power from the motor gets activated upon pedaling in these bikes and reduces human efforts. |
| Throttle Assisted | Throttle-based e-bikes are equipped with the throttle assistance grip, installed on the handlebar, similarly to motorbikes. The speed can be controlled by twisting the throttle directly without the need to pedal. The throttle response directly provides power to the motor installed in the bicycles and speeds up the vehicle without paddling. |
| Speed Pedelec | Speed pedelec is e-bikes similar to pedal-assist e-bikes as they do not have throttle functionality. However, these e-bikes are integrated with an electric motor which delivers power of approximately 500 W and more. The speed limit of such e-bikes is generally 45 km/h (28 mph) in most of the countries. |
| City/Urban | The city or urban e-bikes are designed with daily commuting standards and functions to be operated within the city and urban areas. The bicycles include various features and specifications such as comfortable seats, sit upright riding posture, tires for easy grip and comfortable ride, etc. |
| Trekking | Trekking and mountain bikes are special types of e-bikes that are designed for special purposes considering the robust and rough usage of the vehicles. These bicycles include a strong frame, and wide tires for better and advanced grip and are also equipped with various gear mechanisms which can be used while riding in different terrains, rough grounded, and tough mountainous roads. |
| Cargo/Utility | The e-cargo or utility e-bikes are designed to carry various types of cargo and packages for shorter distances such as within urban areas. These bikes are usually owned by local businesses and delivery partners to deliver packages and parcels at very low operational costs. |
| Lithium-ion Battery | A Li-ion battery is a rechargeable battery, which uses lithium and carbon as its constituent materials. The Li-Ion batteries have a higher density and lesser weight than sealed lead acid batteries and provide the rider with more range per charge than other types of batteries. |
| Lead Acid Battery | A lead acid battery refers to sealed lead acid battery having a very low energy-to-weight and energy-to-volume ratio. The battery can produce high surge currents, owing to its relatively high power-to-weight ratio as compared to other rechargeable batteries. |
| Other Batteries | This includes electric bikes using nickel–metal hydroxide (NiMH), silicon, and lithium-polymer batteries. |
| Business-to-Business (B2B) | The sales of e-bikes to business customers such as urban fleet and logistics company, rental/sharing operators, last-mile fleet operators, and corporate fleet operators are considered under this category. |
| Business-to-Customers (B2C) | The sales of electric scooters and motorcycles to direct consumers is considered under this category. The consumers acquire these vehicles either directly from manufacturers or from other distributers and dealers through online and offline channel. |
| Unorganized Local OEMs | These players are small local manufacturers and assemblers of e-bikes. Most of these manufacturers import the components from China and Taiwan and assemble them locally. They offer the product at low cost in this price sensitive market which give them advantage over organized manufacturers. |
| Battery-as-a-Service | A business model in which the battery of an EV can be rented from a service provider or swapped with another battery when it runs out of charge |
| Dockless e-Bikes | Electric bikes that have self-locking mechanisms and a GPS tracking facility with an average top speed of around 15mph. These are mainly used by bike-sharing companies such as Bird, Lime, and Spin. |
| Electric Vehicle | A vehicle which uses one or more electric motors for propulsion. Includes cars, scooters, buses, trucks, motorcycles, and boats. This term includes all-electric vehicles and hybrid electric vehicles |
| Plug-in EV | An electric vehicle that can be externally charged and generally includes all-electric vehicles as well as plug-in hybrids. In this report we use the term for all-electric vehicles to differentiate them from plug-in hybrid electric vehicles. |
| Lithium-Sulphur Battery | A rechargeable battery that replaces the liquid or polymer electrolyte found in current lithium-ion batteries with sulfur. They have more capacity than Li-ion batteries. |
| Micromobility | Micromobility is one of the many modes of transport involving very-light-duty vehicles to travel short distances. These means of transportation include bikes, e-scooters, e-bikes, mopeds, and scooters. Such vehicles are used on a sharing basis for covering short distances, usually five miles or less. |
| Low Speed Electric Vehicls (LSEVs) | They are low speed (usually less than 25 kmph) light vehicles that do not have an internal combustion engine, and solely use electric energy for propulsion. |
Need More Details on Market Definition?
Ask a Question
Research Methodology
Mordor Intelligence follows a four-step methodology in all its reports.
- Step-1: Identify Key Variables: To build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. Market revenue is calculated by multiplying the volume demand with volume-weighted average battery pack price (per kWh). Battery pack price estimation and forecast takes into account various factors affecting ASP, such as inflation rates, market demand shifts, production costs, technological developments, and consumer preferences, providing estimations for both historical data and future trends.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
Get More Details On Research Methodology
Download PDF
80% of our clients seek made-to-order reports. How do you want us to tailor yours?
