Product Code: A10057
According to a new report published by Allied Market Research, titled, "Electric Bike Kit Market," The electric bike kit market was valued at $1.1 billion in 2022, and is estimated to reach $2.9 billion by 2032, growing at a CAGR of 10.5% from 2023 to 2032 due to the government incentives and policies promoting the adoption of electric vehicles.
An increase in government support for electric bicycles, and the implementation of stringent laws toward CO2 emission drive the growth of the global electric bike kit market. For instance, the government of Canada implemented the 2030 Emissions Reduction Plan with $9.1 billion in new investments to reach emissions reduction target of 40 to 45 % below 2005 levels by 2030 and put on a path to achieve net-zero emissions by 2050. Moreover, consumer inclination toward using e-bicycle as an eco-friendly and efficient solution for commute and increase in fuel costs supplement the market growth. In addition, rise in interest in cycling as a fitness and recreational activity and improvement in cycling infrastructure & battery technology fuel the market growth. Moreover, the flourishing tourism industry has prompted a rise in number of tourists to opt for e-bikes as a self-driving alternative to commuting due to their effortless riding experience. These bikes are also extensively used for various adventure sports, increasing their popularity among the younger generation. In July 2020, Yamaha Motor Corporation, USA, revealed the all-new YDX-MORO and YDX-MORO Pro all-mountain e-bikes with a new motor and quad sensor system. The YDXMORO and YDX-MORO Pro models deliver a new balanced power, performance, and handling for riders on all types of e-mountain bike (e-MTB) trails.
The electric bike kit market is segmented on the basis of usage, battery, speed and region. Depending on the usage, the market is segregated into mountain bicycle, road bicycle, cargo bicycle and others. By battery, it is categorized into lithium-ion, lead acid and other. Based on the speed, it is fragmented into up to 25 kmph, 25-45 kmph, and above 45 kmph. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players covered in the report include Bafang Electric (Suzhou) Co., Ltd., Cyzle Bike Store (Falco eMotors Inc,), Dillenger E-Bikes USA, E Bike Tuning Shop, eBikeling, EUNORAU E-BIKE, Hilltopper, Rubbee, Suzhou Tongsheng Electric Appliances Co., Ltd and Swytch Technology Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric bike kit market analysis from 2022 to 2032 to identify the prevailing electric bike kit market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the electric bike kit market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global electric bike kit market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
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- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
Key Market Segments
By Usage
- Mountain Bicycle
- Road Bicycle
- Cargo Bicycle
- Others
By Battery
- Lithium-Ion
- Lead Acid
- Others
By Speed
- Up to 25 kmph
- 25-45 kmph
- Above 45 kmph
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- eBikeling
- EUNORAU E-BIKE
- E Bike Tuning Shop
- Hilltopper
- Rubbee
- Swytch Technology Ltd.
- Dillenger E-Bikes USA
- Cyzle Bike Store
- Bafang Electric (Suzhou) Co., Ltd.
- Suzhou Tongsheng Electric Appliances Co., Ltd.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growth in prices of bikes and government policies to encourage the use of electric bicycles
- 3.4.1.2. Increase in fuel costs
- 3.4.1.3. Rise in interest in cycling as fitness and recreational activity
- 3.4.2. Restraints
- 3.4.2.1. High maintenance cost of electric bike kit
- 3.4.2.2. Ban on use of electric bicycles in major city
- 3.4.3. Opportunities
- 3.4.3.1. Improvement in bicycling infrastructure & battery technology
- 3.4.3.2. Growth in advancement in E-bike Technology
CHAPTER 4: ELECTRIC BIKE KIT MARKET, BY USAGE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Mountain Bicycle
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Road Bicycle
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Cargo Bicycle
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: ELECTRIC BIKE KIT MARKET, BY BATTERY
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Lithium-Ion
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Lead Acid
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: ELECTRIC BIKE KIT MARKET, BY SPEED
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Up to 25 kmph
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. 25-45 kmph
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Above 45 kmph
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
CHAPTER 7: ELECTRIC BIKE KIT MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Usage
- 7.2.3. Market size and forecast, by Battery
- 7.2.4. Market size and forecast, by Speed
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Usage
- 7.2.5.1.2. Market size and forecast, by Battery
- 7.2.5.1.3. Market size and forecast, by Speed
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Usage
- 7.2.5.2.2. Market size and forecast, by Battery
- 7.2.5.2.3. Market size and forecast, by Speed
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Usage
- 7.2.5.3.2. Market size and forecast, by Battery
- 7.2.5.3.3. Market size and forecast, by Speed
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Usage
- 7.3.3. Market size and forecast, by Battery
- 7.3.4. Market size and forecast, by Speed
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Market size and forecast, by Usage
- 7.3.5.1.2. Market size and forecast, by Battery
- 7.3.5.1.3. Market size and forecast, by Speed
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by Usage
- 7.3.5.2.2. Market size and forecast, by Battery
- 7.3.5.2.3. Market size and forecast, by Speed
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Usage
- 7.3.5.3.2. Market size and forecast, by Battery
- 7.3.5.3.3. Market size and forecast, by Speed
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Usage
- 7.3.5.4.2. Market size and forecast, by Battery
- 7.3.5.4.3. Market size and forecast, by Speed
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Market size and forecast, by Usage
- 7.3.5.5.2. Market size and forecast, by Battery
- 7.3.5.5.3. Market size and forecast, by Speed
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Usage
- 7.4.3. Market size and forecast, by Battery
- 7.4.4. Market size and forecast, by Speed
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Usage
- 7.4.5.1.2. Market size and forecast, by Battery
- 7.4.5.1.3. Market size and forecast, by Speed
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Usage
- 7.4.5.2.2. Market size and forecast, by Battery
- 7.4.5.2.3. Market size and forecast, by Speed
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Usage
- 7.4.5.3.2. Market size and forecast, by Battery
- 7.4.5.3.3. Market size and forecast, by Speed
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Usage
- 7.4.5.4.2. Market size and forecast, by Battery
- 7.4.5.4.3. Market size and forecast, by Speed
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Market size and forecast, by Usage
- 7.4.5.5.2. Market size and forecast, by Battery
- 7.4.5.5.3. Market size and forecast, by Speed
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Usage
- 7.5.3. Market size and forecast, by Battery
- 7.5.4. Market size and forecast, by Speed
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Usage
- 7.5.5.1.2. Market size and forecast, by Battery
- 7.5.5.1.3. Market size and forecast, by Speed
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Usage
- 7.5.5.2.2. Market size and forecast, by Battery
- 7.5.5.2.3. Market size and forecast, by Speed
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Usage
- 7.5.5.3.2. Market size and forecast, by Battery
- 7.5.5.3.3. Market size and forecast, by Speed
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Bafang Electric (Suzhou) Co., Ltd.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.2. Cyzle Bike Store
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.3. Dillenger E-Bikes USA
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.4. E Bike Tuning Shop
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.5. eBikeling
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.6. EUNORAU E-BIKE
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.7. Hilltopper
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.8. Rubbee
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.9. Suzhou Tongsheng Electric Appliances Co., Ltd.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.10. Swytch Technology Ltd.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Key strategic moves and developments