E Bike Market Share
The personal category under ownership type dominated the e bike market accounting for over 95 volume share in 2019.
E bike market share. The bike can be moved through pedaling or can run on rechargeable batteries. Electric bikes market overview. Out of the total e bikes sold in germany 99 5 are of 250w 25km h models. This is majorly due to the fact that these bikes in the sharing systems has been introduced by only few operators in the global market whereas heavy number of users have been buying these bikes for personal usage from several.
Based on its mode the market is divided into throttle and pedal assist. Remaining 0 5 of the total e bikes sold are of speed pedelecs. Geographically the global e bikes market is bifurcated into global regions like europe north america asia pacific middle east latam and africa. In the medium term the german bicycle industry association is thus revising its forecast to an expected 23 25 percent share of the total bicycle market.
The global e bike market reached a value of us 20 8 billion in 2019. The global electric bikes market size was valued at 16 34 billion in 2017 and is expected to reach 23 83 billion by 2025 registering a cagr of 4 9 from 2018 to 2025. The global e bike market is projected to grow at a cagr of 9 01 during the forecast period to reach usd 38 6 billion by 2025 from an estimated usd 21 1 billion in 2018 class i electric bike is estimated to be the largest segment in the global electric bikes market. With 720 000 units sold the market share of e bikes in the overall bicycle market increased to 19 percent.
The asia pacific region is assessed to be the biggest e bike market by 2025. The global electric bike e bike market size was usd 7 68 billion in 2018 and is projected to reach usd 46 04 billion by 2026 exhibiting a cagr of 24 5 during the forecast period. Electric bicycles e bikes market global electric bicycles e bikes industry growth size share analysis and forecast report. In 2018 the e bike sales in germany captured a 23 5 share in the total bicycle market.
A class i electric bike is equipped with a motor that provides assistance only when the rider is pedaling and stops assisting.
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