CHINA E-BIKE MARKET FORECAST 2024-2032

Electric bikes now represent a significantly more affordable transportation option compared to conventional cars, opening accessibility to a broader spectrum of Chinese consumers. Several factors contribute to this affordability shift. Over time, the price of e-bikes has decreased, while gasoline prices have risen, and electricity costs in rural areas have dropped. Consequently, e-bikes now stand as a more economically competitive alternative to gasoline-powered scooters. 

Furthermore, China’s significant import and export volumes of e-bikes underscore its position as the leading global exporter in this market. This factor is prompting Chinese e-bike manufacturers to explore production opportunities in other countries in the foreseeable future. Additionally, the country has also taken proactive steps to enhance the safety and technical specifications of electric bicycles, thereby bolstering the China e-bike market growth during the forecast period.  

The China e-bike market segmentation includes design, type, drive mechanism, battery, and power. The drive mechanism segment comprises hub motor and mid-drive. Hub motors stand out as a prevalent propulsion mechanism in the e-bike market. Its functionality entails the integration of a hub motor positioned either at the front or rear wheel, accompanied by wiring extending to the battery and motor controller, typically situated at the rear. 

The motor configuration stimulates a sensation akin to all-wheel-drive, wherein the rider’s pedal action propels the rear wheel while the motor impels the front wheel forward. Conversely, rear hub motors excel in handling higher power demands, owing to the frame’s capacity to withstand greater torque at the rear axle, thus facilitating throttle, cadence, and torque sensor pedal assistance.

Within the domain of hub motors, two primary variations emerge: geared hub motors and gearless hub motors. Geared hub motors use internal gears to slow down the motor’s speed, which is handy for high-speed motors. On the other hand, gearless hub motors skip gears altogether, connecting the motor directly to the bicycle’s axle and making them simpler in design.

Some of the leading players in the China e-bike market are Derby Cycle Holding GmbH, BionX International Corporation, Robert Bosch GmbH, etc.

Derby Cycle Holding GmbH, headquartered in Germany, is a key player in the cycling industry. Its portfolio encompasses five distinct brands—Focus, Kalkhoff, Raleigh, Univega, and Rixe. The company has diversified its offerings to include a range of e-bikes, catering to the evolving demands of modern cyclists.

Beyond electric bicycles, Derby Cycle showcases a comprehensive lineup that caters to various cycling disciplines, ranging from competitive racing bikes to rugged mountain bikes, as well as top-tier trekking models and city-centric designs. Additionally, the company also extends its reach to encompass off-road options and children’s bikes, ensuring a comprehensive selection suited for both everyday commuting and adventure-travel pursuits.