ASIA PACIFIC E-BIKE MARKET FORECAST 2021-2028

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ASIA PACIFIC E-BIKE MARKET FORECAST 2021-2028

The Asia Pacific e-bike market is estimated to evolve at a CAGR of 8.07% during the forecast period, 2021-2028. The region has the presence of the largest manufacturers and exporter of electric bikes. The e-bikes are a low-cost mode of commute in the populated cities of the Asia Pacific. Moreover, the lightweight, less power, cost-effective, and eco-friendly properties of e-bikes make it highly preferable in these cities. Such factors, along with initiatives for environmental-friendly vehicles, are set to boost the market growth in the region.

ASIA PACIFIC E-BIKE MARKET FORECAST 2021-2028

Asia Pacific E-bike Market by Product (Pedelecs, Throttle on Demand, Scooter or Motorcycle) by Drive Mechanism (Hub Motor, Mid Drive, Others) by Application (City/urban, Trekking, Cargo) and by Geography.

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The Asia Pacific e-bike market is estimated to evolve at a CAGR of 8.07% during the forecast period, 2021-2028. The region has the presence of the largest manufacturers and exporter of electric bikes. The e-bikes are a low-cost mode of commute in the populated cities of the Asia Pacific. Moreover, the lightweight, less power, cost-effective, and eco-friendly properties of e-bikes make it highly preferable in these cities. Such factors, along with initiatives for environmental-friendly vehicles, are set to boost the market growth in the region.
asia pacific-e-bike-market

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India, China, South Korea, Japan, Australia & New Zealand, Vietnam, Thailand, Indonesia, and the rest of Asia Pacific, are assessed for the Asia Pacific e-bike market growth analysis. China has contributed majorly to the Asia Pacific region in the last two years, with regard to the e-bike market. This is due to heavy traffic conditions, rising vehicle pollution, and the growing consumption of electric bikes in the country. The decreasing purchase costs are further set to fuel the consumption of e-bikes. In South Korea, e-bikes are projected to witness high growth in the coming years. This is accredited to the introduction of new laws related to e-bikes in March 2018. The COVID-19 lockdown in Indonesia resulted in the country witnessing the cycling trend, with local cycling shops gaining profits. This new culture has taken over big cities and other places, and bicycles have become a transportation option. This emerging trend also includes electric bikes. Thus, such factors are set to influence market growth.

Shimano Inc is engaged in the production and distribution of bicycle components, rowing equipment, and fishing tackle. The company operates through three segments, fishing tackle, bicycle components, and others. The bicycle components segment manufactures wheel, derailleur gears, and related products. The company has its headquarters in Sakai, Japan.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •   KEY DRIVERS
      • GOVERNMENT INCENTIVES THAT ENCOURAGE THE USE OF ELECTRIC BIKES
      • CHANGING CONSUMER PREFERENCES TOWARD USE OF E-BIKES FOR COMMUTE
    •   KEY RESTRAINTS
      • HIGH COST OF BUYING E-BIKES & PRODUCT RECALLS
      • DISTRIBUTION CHALLENGES
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON E-BIKE MARKET
    • KEY INVESTMENT INSIGHTS
    •   PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  2. MARKET BY PRODUCT
    • PEDELECS
    • THROTTLE ON DEMAND
    • SCOOTER OR MOTORCYCLE
  3. MARKET BY DRIVE MECHANISM
    • HUB MOTOR
    • MID DRIVE
    • OTHERS
  4. MARKET BY APPLICATION
    • CITY/URBAN
    • TREKKING
    • CARGO
  5. GEOGRAPHICAL ANALYSIS
    •   ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •   COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
      • BUSINESS EXPANSION
    •    COMPANY PROFILES
      • ACCELL GROUP
      • BMZ GMBH
      • BROSE FAHRZEUGTEILE SE & CO KG
      • DERBY CYCLE
      • FUJI-TA BICYCLE CO LTD
      • GIANT MANUFACTURING CO LTD
      • JIANGSU XINRI E-VEHICLE CO LTD
      • LG CHEM
      • GENZE (MAHINDRA & MAHINDRA)
      • PANASONIC CORPORATION
      • ROBERT BOSCH GMBH
      • SAMSUNG SDI CO LTD
      • SHIMANO INC
      • GOLDEN WHEEL GROUP
      • TREK BICYCLE CORPORATION

TABLE LIST

TABLE 1: MARKET SNAPSHOT – E-BIKE

TABLE 2: ASIA PACIFIC E-BIKE MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: ASIA PACIFIC E-BIKE MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC E-BIKE MARKET, BY DRIVE MECHANISM, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: ASIA PACIFIC E-BIKE MARKET, BY DRIVE MECHANISM, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC E-BIKE MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: ASIA PACIFIC E-BIKE MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC E-BIKE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: ASIA PACIFIC E-BIKE MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: LEADING PLAYERS OPERATING IN ASIA PACIFIC E-BIKE MARKET

FIGURE LIST

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: ASIA PACIFIC E-BIKE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2020

FIGURE 6: ASIA PACIFIC E-BIKE MARKET, BY PEDELECS, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC E-BIKE MARKET, BY THROTTLE ON DEMAND, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC E-BIKE MARKET, BY SCOOTER OR MOTORCYCLE, 2021-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC E-BIKE MARKET, GROWTH POTENTIAL, BY DRIVE MECHANISM, IN 2020

FIGURE 10: ASIA PACIFIC E-BIKE MARKET, BY HUB MOTOR, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC E-BIKE MARKET, BY MID DRIVE, 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC E-BIKE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC E-BIKE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

FIGURE 14: ASIA PACIFIC E-BIKE MARKET, BY CITY/URBAN, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC E-BIKE MARKET, BY TREKKING, 2021-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC E-BIKE MARKET, BY CARGO, 2021-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC E-BIKE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 18: CHINA E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 19: JAPAN E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 20: INDIA E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 21: SOUTH KOREA E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 22: INDONESIA E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 23: THAILAND E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 24: VIETNAM E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: AUSTRALIA & NEW ZEALAND E-BIKE MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: REST OF ASIA PACIFIC E-BIKE MARKET, 2021-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •   ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •   COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
  1. MARKET BY PRODUCT
    • PEDELECS
    • THROTTLE ON DEMAND
    • SCOOTER OR MOTORCYCLE
  2. MARKET BY DRIVE MECHANISM
    • HUB MOTOR
    • MID DRIVE
    • OTHERS
  3. MARKET BY APPLICATION
    • CITY/URBAN
    • TREKKING
    • CARGO

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