E-Bike Market
                     E-Bike Market  Demand And Its Importance 
In Forthcoming Year
E-bike, also referred to as, electric bikes, is a bike that has an integrated electric motor aligned to 
the pedals of the bike, which supplies differential force that used for forward movement of the 
bicycle to gain momentum. The integrated electric motors in electric bicycles (or e-bikes) can be 
used for propulsion. E-bikes use rechargeable batteries, which can travel up to 25 to 32 km/h, 
depending on a country’s government regulation. E-bike makes use of chargeable batteries, which 
have different capacities that depend upon their size.
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Increasing Government Initiatives towards Adoption of E-bikes and Rapid Urbanization are 
the Factors Driving Growth for the Global E-bike Market
The global E-bike market has been witnessing high opportunities, owing to the government 
initiatives and strict norms in favor of electric bikes. For instance, in May 2017, Government of 
Andhra Pradesh, Greater Visakhapatnam Municipal Corporation (GVMC), announced launch of 
India's first state-run mass electric two-wheeler mobility system.
Furthermore, an increasing urbanization is one of the key drivers for the global E-bike market. 
Urban population throughout the world is increasing at higher pace. According to the United 
Nations Reports 2018, 68% of the global population would reside in urban areas by year of 2050. 
Hyper-urbanization in some countries is hindering the city traffic by increasing traffic congestion, 
parking issues, high travel cost and delays in vehicle movement during traffic jams. Hence, the use 
of e-bikes can reduce the number of vehicles on the road and result in fewer traffic jams.
However, the unplanned Infrastructure in emerging economies and high cost of e-bikes are the 
factors restraining the market growth. According to Coherent Market insights, in the Netherlands, a 
quarter of all Europeans were found to be willing to commute by E-bikes. However, speed pedelecs 
witnessed a decline in sales from 4,561 units in 2017 to 2,735 units in 2018, owing to the 
infrastructural issue, as they have to share roadways with cars.
Global E-bike Market: Taxonomy
By Product Type
•Pedelecs
•Throttle Mode
•Scooter & Motorcycle
By Drive Mechanism
•Hub Motor
•Mid Motor
By Battery Type
•Lead Acid
•Lithium Ion
•Nickel-metal Hydride (NiMH)
•Others
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Key Players in the Global E-bike Market 
Key players operating in the global E-bike market includes Yamaha Motor Co., Ltd., Giant 
Bicycles, AIMA TECHNOLOGY CO., LTD, Accell Group, WUXI YADEA EXPORT-
IMPORT CO., LTD., Trek Bicycle Corporation, Fuji-ta Bicycle Co., Ltd., GenZe by 
Mahindra, BionX International Corporation, ProdecoTech, goldenwheelgroup.com, and 
Jiangsu Xinri E-Vehicle Co., Ltd. (SUNRA) among others.
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