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E-bike Market Share

  • Report ID: GMI3525
  • Published Date: Mar 2024
  • Report Format: PDF

E-bike Market Share

Yadea Technology Group Co., Ltd. and Giant Bicycles hold a significant market share of over 9% in the e-bike industry. These firms are strategically expanding their market presence through innovative product offerings and strategic partnerships. By developing a diverse range of e-bike models tailored to various consumer preferences, they are capturing a wider audience. Collaborations with urban planning authorities to create bike-friendly infrastructure is also boosting their visibility.
 

E-bike Market Companies

Major companies operating in the e-bike industry are:

  • Accell Group
  • Brompton Bicycle Ltd
  • Giant Bicycles
  • Merdia Bikes
  • Polygon Bikes
  • Rad Power Bikes, LLC
  • Scott Sports Sa
  • Tern
  • Trek Bicycles
  • Yadea Technology Group Co., Ltd.
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of E-bike reached USD 36.6 billion in 2023 and is set to witness 4% CAGR from 2024 to 2032, due to enhanced infrastructure and the heightened emphasis on cost efficiency.

The city/urban bike segment held around 56% market share in 2023, attributed to the practicality and versatility for daily commutes and errands around the city streets.

Asia Pacific dominated the market with a share of over 60% in 2023, owing to the surge in demand for eco-friendly transportation solutions.

Accell Group, Brompton Bicycle Ltd, Giant Bicycles, Merdia Bikes, Polygon Bikes, Rad Power Bikes, LLC, Scott Sports Sa, Tern, Trek Bicycles, and Yadea Technology Group Co., Ltd.

E-bike Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 750
  • Countries covered: 21
  • Pages: 220
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