Progress in technology has led to the development of improved e-bikes with higher average speed and lighter rechargeable batteries. Improvements in material technology have further led to lighter and stronger frames, which have helped e-bikes garner accolades. They are increasing, replacing fossil fuel powered bikes in various countries.

Segmentation

The global e-bike market trends has been segmented based on type, battery type, frame material, consumer group, and design.

By type, the e-bike market trends has been segmented into pedal assist, throttle control, and others.

By consumer group, the e-bike market has been segmented into men, women, and children.

By design, the e-bike market trends has been segmented into foldable, and non-foldable.

Regional Analysis

Region-wise, the e-bike market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

Europe is anticipated to account for an advantageous share of the market over the forecast period. Considerably high adoption of e-bikes in the region along with supportive government regulations is driving the growth of the market. Germany has quite a few numbers of e-bike manufacturers in the region which has led to significant developments in the market.

APAC e-bike market trends shows promising prospects over the forecast period. China is among the largest producers of e-bikes in the world. In fact, China has outperformed the US, and the e-bike industry in the region has consolidated considerably in recent years. The enactment of various schemes in the region which support the adoption of electric vehicles is also aiding the growth of the market.

Competitive Landscape

Accell Group, Panasonic, Derby Cycle AG, Jiangsu Xinri E-Vehicle Co. Ltd., Yadea Technology Group Co. Ltd., Pedego, BTS machinery Co., Ltd., Stromer, and Easy Motion Electric Bikes are the key players in the e-bike market trends.

Industry Updates

June 2019 - Revolt Intellicorp, an Indian startup, launched India's first e-bikes in India by the end of June 2019. The bike is anticipated to have a 156 km range with a fully charged battery and is certified by ARAI. The bike is India's first AI enabled electric bike and is equipped with 4G eSIM.