Middle East and Africa Electric Bike (E-Bike) Market was valued at USD 822.22 million in 2021 and is expected to reach USD 1705.82 million by 2029, registering a CAGR of 8.90% during the forecast period of 2022-2029. Lithium-Ion accounts for the largest battery type segment in the respective market owing to the as these batteries are batteries are smaller in size, long-lasting. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Few of the prominent features used while generating an influential Middle East and Africa Electric Bike (E-Bike) Market report include highest level of spirit, practical solutions, committed research and analysis, modernism, integrated approaches, and most up-to-date technology. All statistical and numerical data is interpreted with the use of established and advanced tools such as SWOT analysis and Porter's Five Forces Analysis. This report recognizes and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Additionally, with Middle East and Africa Electric Bike (E-Bike) Market report businesses can be acquainted with the extent of the marketing problems, reasons for failure of particular product already in the market, and prospective Market for a new product to be launched.
Businesses can achieve matchless insights and acquaintance of the best Market opportunities into their respective markets with the help of Middle East and Africa Electric Bike (E-Bike) Market document. The general Market drivers analysed in this industry report are consumer demand, government policy and demand which makes consumer to buy product thereby leads to Market growth and development. A team of innovative analysts, research experts, statisticians, forecasters and economists work strictly to present with this advanced and all-inclusive Market research report. Middle East and Africa Electric Bike (E-Bike) Market analysis report is an analytical assessment of the prime challenges that will arrive in the Market in terms of sales, export/import, or revenue.
Key Players Mentioned in the Middle East and Africa Electric Bike (E-Bike) Market Research Report:
- Accell Group (Netherlands)
- Derby Cycle (Germany)
- JIANGSU XINRI E-VEHICLE CO.,LTD. (China)
- Karbon Kinetics Ltd (UK)
- ITALJET SPA (Italy)
- Riese & Müller GmbH (Germany)
- M1-Sporttechnik (Germany)
- I.V. E. Bianchi S.p.A. (Italy)
- Kawasaki Motors Corp., U.S.A. (US)
- WUXI YADEA EXPORT-IMPORT CO.,LTD. (China)
- Giant Bicycles (Taiwan)
- Trek Bicycle Corporation (US)
- myStromer AG (Switzerland)
- Specialized Bicycle Components, Inc.(US)
Recent Developments
- In February 2020, Specialized Bicycle Components, Inc. announced the launch of Turbo Levo SL. The new model comes under the mountain usage category and offer light weight built and comes with 29 inch wheel and weighs 9 pounds less than other turbo e-bikes. The new product increased the product portfolio of the company.
- In June 2019, Giant Bicycles announced the launch of FastRoad E+ EX Pro E-bike. The new electric bike came in with new motor and battery packs and offered faster commuting in the city streets. The new product increased the product portfolio of the company.
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Middle East and Africa Electric Bike (E-Bike) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Government Initiatives
The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of electric bike (e-bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.
Consumer Inclination towards Electric bikes
The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.
Tourism Sector
Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (e-bike) market.
The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.
Opportunities
Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of e-bike market.
Based on Middle East and Africa Electric Bike (E-Bike) Market Segmentations
Battery Type
Lithium-Ion
Lithium-Ion Polymer
Nickel Metal Hydride
Lead Acid
Sealed Lead Acid
Others
Hub Motor Location
Mid Drive Hub Motor
Rear Hub Motor
Front Hub Motor
Mode
Pedal Assist
Throttle
Battery Power
Under 750 W
Over 750 W
Class
Class I (Pedal Assist/Pedelec)
Class II (Throttle)
Class III (Speed Pedelec)
Usage
City/Urban
Cruise
Mountain/Trekking Bikes
Racing, Cargo
Others
Middle East and Africa Electric Bike (E-Bike) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Key Questions Answered with this Study
Territory that may see steep rise in CAGR & Y-O-Y growth?
What geographic region would have better demand for product/services?
What opportunity emerging territory would offer to established and new entrants in this market?
Risk side analysis connected with service providers?
What makes this Market feasible for long term investment?
Know value chain areas where players can create value?
How influencing factors driving the demand of this industry in next few years?
What is the impact analysis of various factors in this market global growth?
What strategies of big players help them acquire share in mature market?
How Technology and Customer-Centric Innovation is bringing big Change in this market?
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Middle East and Africa Electric Bike (E-Bike) Market Report
- Part 03: Middle East and Africa Electric Bike (E-Bike) Market Landscape
- Part 04: Middle East and Africa Electric Bike (E-Bike) Market Sizing
- Part 05: Middle East and Africa Electric Bike (E-Bike) Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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