The Asia Pacific Electric Bike Market would witness market growth of 11.3% CAGR during the forecast period (2020-2026). Electric bikes are an adaptable, versatile, fashionable, & eco-friendly means of transport. Consumers consider them as a perfect replacement for smart cars, scooters, & public transport.
These bikes aid in managing traffic congestion, as they are small-sized, achieve superior speed with less effort, & provide health-giving advantages through peddling. These determinants play a crucial role in fueling the demand for electric bikes around the world.
The growth of the market would be propelled by different aspects including rising fuel price, enforcement of government norms to support the utilization of electric bikes, consumer preference toward the utilization of e-bikes as an environment friendly & effective solution for commuting, and increasing interest in cycling as a recreational & fitness activity. Though, the market growth would be hampered by the high cost of e-bikes & a ban on the utilization of e-bikes in some major cities of China. Moreover, the market would witness attractive growth possibilities due to the development in battery technology & bicycling infrastructure.
Various governments across the world are undertaking different measures with an aim to decrease the carbon footprints by motivating people to adopt electric vehicles, electric bikes, and bicycles, due to rising awareness of the harmful effects of choosing vehicles that run on fossil fuels. In addition, governments are planning to create bicycle-friendly streets, which are inspiring people to choose a bicycle as a primary means of commute. Electric scooters, bicycles, & motorcycles have received a high degree of focus from several governments as reliable & effective kinds of light motor vehicles (LMVs), which aid in decreasing the carbon footprint.
The China market dominated the Asia Pacific Lithium ion (Li-ion) Electric Bike Market by Country in 2019, and would continue to be a dominant market till 2026. The Japan market is showcasing a CAGR of 10.3% during (2020 - 2026). Additionally, The Taiwan market is anticipated to witness a CAGR of 11.7% during (2020 - 2026).
Based on Drive Mechanism, the market is segmented into Hub Motor, Mid-drive and Others. Based on Battery Type, the market is segmented into Lithium ion (Li-ion), Lead Acid and Others. Based on Product, the market is segmented into Scooter/Motorcycle, Pedelecs, Throttle on Demand and Speed Pedelecs. Based on countries, the market is segmented into China, Japan, Taiwan, India, South Korea, Singapore, and Rest of Asia Pacific.
Free Valuable Insights: Electric Bike Market in Asia Pacific is expected to register a CAGR of 11.3% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accell Group, Mahindra & Mahindra Limited (Mahindra Group), Yamaha Motor Co., Ltd., Giant Manufacturing Co. Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Derby Cycle AG (Pon Holdings B.V.), Fuji-ta Bicycle Co., Ltd., Trek Bicycle Corporation, Tianjin Golden Wheel Group Co., Ltd., and Wuxi Truckrun Motor Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Drive Mechanism
By Battery Type
- Lithium ion (Li-ion)
- Lead Acid
- Others
By Product
- Scooter/Motorcycle
- Pedelecs
- Throttle on Demand
- Speed Pedelecs
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Taiwan
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Accell Group
- Mahindra & Mahindra Limited (Mahindra Group)
- Yamaha Motor Co., Ltd.
- Giant Manufacturing Co. Ltd.
- Jiangsu Xinri E-Vehicle Co., Ltd.
- Derby Cycle AG (Pon Holdings B.V.)
- Fuji-ta Bicycle Co., Ltd.
- Trek Bicycle Corporation
- Tianjin Golden Wheel Group Co., Ltd.
- Wuxi Truckrun Motor Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Bike Market, by Drive Mechanism
1.4.2 Asia Pacific Electric Bike Market, by Battery Type
1.4.3 Asia Pacific Electric Bike Market, by Product
1.4.4 Asia Pacific Electric Bike Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Electric Bike Market by Drive Mechanism
3.1 Asia Pacific Hub Motor Electric Bike Market by Country
3.2 Asia Pacific Mid-drive Electric Bike Market by Country
3.3 Asia Pacific Others Electric Bike Market by Country
Chapter 4. Asia Pacific Electric Bike Market by Battery Type
4.1 Asia Pacific Lithium ion (Li-ion) Electric Bike Market by Country
4.2 Asia Pacific Lead Acid Electric Bike Market by Country
4.3 Asia Pacific Others Electric Bike Market by Country
Chapter 5. Asia Pacific Electric Bike Market by Product
5.1 Asia Pacific Scooter/Motorcycle Electric Bike Market by Country
5.2 Asia Pacific Pedelecs Electric Bike Market by Country
5.3 Asia Pacific Throttle on Demand Electric Bike Market by Country
5.4 Asia Pacific Speed Pedelecs Electric Bike Market by Country
Chapter 6. Asia Pacific Electric Bike Market by Country
6.1 China Electric Bike Market
6.1.1 China Electric Bike Market by Drive Mechanism
6.1.2 China Electric Bike Market by Battery Type
6.1.3 China Electric Bike Market by Product
6.2 Japan Electric Bike Market
6.2.1 Japan Electric Bike Market by Drive Mechanism
6.2.2 Japan Electric Bike Market by Battery Type
6.2.3 Japan Electric Bike Market by Product
6.3 Taiwan Electric Bike Market
6.3.1 Taiwan Electric Bike Market by Drive Mechanism
6.3.2 Taiwan Electric Bike Market by Battery Type
6.3.3 Taiwan Electric Bike Market by Product
6.4 India Electric Bike Market
6.4.1 India Electric Bike Market by Drive Mechanism
6.4.2 India Electric Bike Market by Battery Type
6.4.3 India Electric Bike Market by Product
6.5 South Korea Electric Bike Market
6.5.1 South Korea Electric Bike Market by Drive Mechanism
6.5.2 South Korea Electric Bike Market by Battery Type
6.5.3 South Korea Electric Bike Market by Product
6.6 Singapore Electric Bike Market
6.6.1 Singapore Electric Bike Market by Drive Mechanism
6.6.2 Singapore Electric Bike Market by Battery Type
6.6.3 Singapore Electric Bike Market by Product
6.7 Rest of Asia Pacific Electric Bike Market
6.7.1 Rest of Asia Pacific Electric Bike Market by Drive Mechanism
6.7.2 Rest of Asia Pacific Electric Bike Market by Battery Type
6.7.3 Rest of Asia Pacific Electric Bike Market by Product
Chapter 7. Company Profiles
7.1 Accell Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Mahindra & Mahindra Limited (Mahindra Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.1 Recent strategies and developments:
7.2.1.1 Partnerships, Collaborations, and Agreements:
7.2.1.2 Product Launches and Product Expansions:
7.2.1.3 Acquisition and Mergers:
7.3 Yamaha Motor Co., Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Giant Manufacturing Co. Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expense
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.5 Jiangsu Xinri E-Vehicle Co., Ltd.
7.5.1 Company Overview
7.6 Derby Cycle AG (Pon Holdings B.V.)
7.6.1 Company Overview
7.7 Fuji-ta Bicycle Co., Ltd.
7.7.1 Company Overview
7.8 Trek Bicycle Corporation
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Acquisition and Mergers:
7.8.2.2 Partnerships, Collaborations, and Agreements:
7.9 Tianjin Golden Wheel Group Co., Ltd.
7.9.1 Company Overview
7.10. Wuxi Truckrun Motor Co., Ltd.
7.10.1 Company Overview
TABLE 1 Asia Pacific Electric Bike Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Electric Bike Market, 2020 - 2026, USD Million
TABLE 3 Asia Pacific Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 4 Asia Pacific Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 5 Asia Pacific Hub Motor Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 6 Asia Pacific Hub Motor Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 7 Asia Pacific Mid-drive Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 8 Asia Pacific Mid-drive Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 9 Asia Pacific Others Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 10 Asia Pacific Others Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 11 Asia Pacific Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 12 Asia Pacific Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 13 Asia Pacific Lithium ion (Li-ion) Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 14 Asia Pacific Lithium ion (Li-ion) Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 15 Asia Pacific Lead Acid Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 16 Asia Pacific Lead Acid Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 17 Asia Pacific Others Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 18 Asia Pacific Others Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 19 Asia Pacific Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 20 Asia Pacific Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 21 Asia Pacific Scooter/Motorcycle Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 22 Asia Pacific Scooter/Motorcycle Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 23 Asia Pacific Pedelecs Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 24 Asia Pacific Pedelecs Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 25 Asia Pacific Throttle on Demand Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 26 Asia Pacific Throttle on Demand Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 27 Asia Pacific Speed Pedelecs Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 28 Asia Pacific Speed Pedelecs Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 29 Asia Pacific Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 30 Asia Pacific Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 31 China Electric Bike Market, 2016 - 2019, USD Million
TABLE 32 China Electric Bike Market, 2020 - 2026, USD Million
TABLE 33 China Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 34 China Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 35 China Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 36 China Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 37 China Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 38 China Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 39 Japan Electric Bike Market, 2016 - 2019, USD Million
TABLE 40 Japan Electric Bike Market, 2020 - 2026, USD Million
TABLE 41 Japan Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 42 Japan Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 43 Japan Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 44 Japan Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 45 Japan Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 46 Japan Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 47 Taiwan Electric Bike Market, 2016 - 2019, USD Million
TABLE 48 Taiwan Electric Bike Market, 2020 - 2026, USD Million
TABLE 49 Taiwan Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 50 Taiwan Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 51 Taiwan Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 52 Taiwan Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 53 Taiwan Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 54 Taiwan Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 55 India Electric Bike Market, 2016 - 2019, USD Million
TABLE 56 India Electric Bike Market, 2020 - 2026, USD Million
TABLE 57 India Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 58 India Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 59 India Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 60 India Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 61 India Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 62 India Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 63 South Korea Electric Bike Market, 2016 - 2019, USD Million
TABLE 64 South Korea Electric Bike Market, 2020 - 2026, USD Million
TABLE 65 South Korea Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 66 South Korea Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 67 South Korea Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 68 South Korea Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 69 South Korea Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 70 South Korea Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 71 Singapore Electric Bike Market, 2016 - 2019, USD Million
TABLE 72 Singapore Electric Bike Market, 2020 - 2026, USD Million
TABLE 73 Singapore Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 74 Singapore Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 75 Singapore Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 76 Singapore Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 77 Singapore Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 78 Singapore Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 79 Rest of Asia Pacific Electric Bike Market, 2016 - 2019, USD Million
TABLE 80 Rest of Asia Pacific Electric Bike Market, 2020 - 2026, USD Million
TABLE 81 Rest of Asia Pacific Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 82 Rest of Asia Pacific Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 83 Rest of Asia Pacific Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 84 Rest of Asia Pacific Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 85 Rest of Asia Pacific Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 86 Rest of Asia Pacific Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 87 key information – Accell Group
TABLE 88 key Information – Mahindra & Mahindra Limited
TABLE 89 Key Information – Yamaha Motor Co., Ltd.
TABLE 90 Key Information – Giant Manufacturing Co. Ltd.
TABLE 91 Key Information – Jiangsu Xinri E-Vehicle Co., Ltd.
TABLE 92 Key Information – Derby Cycle AG
TABLE 93 Key Information – Fuji-ta Bicycle Co., Ltd.
TABLE 94 key information – Trek Bicycle Corporation
TABLE 95 Key Information – Tianjin Golden Wheel Group Co., Ltd.
TABLE 96 Key Information – Wuxi Truckrun Motor Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Accell Group
FIG 3 Recent strategies and developments: Mahindra & Mahindra Limited
FIG 4 Recent strategies and developments: Trek Bicycle Corporation