Market by Product, Drive Mechanism, Application, Battery, Power, and Country Outlook | Forecast 2022-2028
According to Triton’s research report, the e-bike market in the Asia-Pacific is estimated to progress with CAGRs of 9.54% (in terms of revenue) and 9.63% (in terms of volume) in the projected phase between 2022 and 2028.
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The
countries analyzed in this region include:
•
China
•
India
•
Japan
•
South Korea
•
Indonesia
•
Thailand
•
Vietnam
•
Australia & New Zealand
•
Rest of Asia-Pacific
China
captures the largest market share in this region. The Asia-Pacific
has garnered a significant share in the e-bike market owing to the high
adoption rate in populated cities of China and Japan. Moreover, the preference
for electric bikes over conventional modes of transport has grown in this
region as they are eco-friendly, lightweight, cost-effective, and require less
power.
E-bikes are witnessing
a huge demand in Japan. Factors such as the expanding customer base and the launch
of electric sports bicycles are some of the prime factors driving the market
growth in the nation. Also, leading players like Shimano Inc, Panasonic Corporation,
and Fuji-ta Bicycle Co Ltd are based in the country, which exhibits an overall
positive outlook for the market.
There has been a
phenomenal growth in the sales of electric bike sales in Australia. The number
of e-bikes being imported into the country has surged in recent years, with sales
growing faster than any other segment of the Australian market. Authorities in
Melbourne had allotted a budget of $28 million for active transport
improvements in its budget for 2019-2020, which provided a further push to the e-bike
market’s growth.
E-scooters are expected
to witness high demand in the forthcoming years. They are ideal for short-distance
commutes. These scooters are preferable for personal use or commercial purposes
such as cargo transport. E-scooters are equipped with a seat compartment or
storage holding area, which gives them an edge over e-bicycles and
e-motorcycles. Their energy requirements are significantly lower than that of
electric vehicles, which helps save on electricity bills.
The
studied report assesses the market’s growth based on product, drive mechanism,
application, battery, and power. The product segment
includes motorcycles, scooters, throttle on demand, and pedelecs.
Some
of the top companies considered in the e-bike market include Silence Urban
Ecomobility, Vmoto Limited, Hero Electric, Fuji-ta Bicycle Co Ltd, Shimano Inc,
QWIC, Yadea Group Holdings Ltd, Giant Manufacturing Co Ltd, Panasonic
Corporation, Stromer, Vanmoof, and Jiangsu Xinri E-Vehicle Co Ltd.
Fuji-ta Bicycle Co Ltd
develops, produces, and sells electric bikes, mountain bikes, road bikes, city
bikes, children’s bikes, and folding bikes. The company also offers a wide range
of products related to e-bikes. Its e-bikes are manufactured and sold under the
Battle brand name. Fuji-ta Bicycle is headquartered in Tianjin, China. The
company sells its products in various regions, such as the Asia-Pacific, North
America, and Europe. It has been operational in the e-bike business since 1992,
and thus boasts of a strong business experience.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
· Comprehensive
information and estimation of the e-bike market revenue growth in Asia-Pacific
and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces Analysis
·
A
wide-ranging study of factors that will challenge the APAC e-bike market’s
growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. ASIA-PACIFIC
E-BIKE MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
INSIGHTS
2.1.1. INCREASED
INVESTMENTS IN BICYCLING INFRASTRUCTURE & BATTERY TECHNOLOGY
2.1.2. GROWING
AFFORDABILITY DUE TO THE E-BIKE SHARING SYSTEM
2.1.3. CYCLING
AS A FITNESS TREND IS ON THE RISE
2.2. IMPACT
OF COVID-19 ON THE E-BIKE MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. CONTRACTS
& PARTNERSHIPS
2.6.2. BUSINESS
EXPANSIONS & DIVESTITURES
2.6.3. ACQUISITIONS
& MERGERS
2.6.4. NEW
PRODUCT LAUNCHES & INVESTMENTS
2.7. MARKET
DRIVERS
2.7.1. INCREASED
DEMAND FOR ECO-FRIENDLY TRANSPORTATION
2.7.2. FAVORABLE
GOVERNMENT INCENTIVES
2.7.3. INCREASED
PREFERENCE FOR E-BIKES
2.8. MARKET
CHALLENGES
2.8.1. HIGH
COST OF E-BIKES AND PRODUCT RECALLS
2.8.2. PROBLEMS
RELATED TO DISTRIBUTION
2.9. MARKET
OPPORTUNITIES
2.9.1. INCREASED
USAGE OF E-BIKES FOR DELIVERY SERVICES
2.9.2. E-BIKES
AS A SOLUTION TO RISING FUEL PRICES
3. ASIA-PACIFIC
E-BIKE MARKET – BY PRODUCT
3.1. PEDELECS
3.2. THROTTLE
ON DEMAND
3.3. SCOOTERS
3.4. MOTORCYCLES
4. ASIA-PACIFIC
E-BIKE MARKET – BY DRIVE MECHANISM
4.1. HUB
MOTOR
4.2. MID-DRIVE
5. ASIA-PACIFIC
E-BIKE MARKET – BY APPLICATION
5.1. CITY/URBAN
5.2. TREKKING
5.3. CARGO
6. ASIA-PACIFIC
E-BIKE MARKET – BY BATTERY
6.1. LITHIUM-ION
6.2. LEAD-ACID
7. ASIA-PACIFIC
E-BIKE MARKET – BY POWER
7.1. LESS
THAN & EQUAL TO 250 W
7.2. ABOVE
250 W
8. ASIA-PACIFIC
E-BIKE MARKET – COUNTRY OUTLOOK
8.1. ASIA-PACIFIC
8.1.1. TOP 5
PLAYERS IN THE ASIA-PACIFIC
8.1.2. COUNTRY
ANALYSIS
8.1.2.1. CHINA
8.1.2.1.1. REGULATIONS
FOR THE E-BIKE MARKET IN CHINA
8.1.2.2. JAPAN
8.1.2.2.1. REGULATIONS
FOR THE E-BIKE MARKET IN JAPAN
8.1.2.3. INDIA
8.1.2.3.1. REGULATIONS
AND INCENTIVES FOR THE E-BIKE MARKET IN INDIA
8.1.2.4. SOUTH
KOREA
8.1.2.4.1. REGULATIONS
& INCENTIVES FOR THE E-BIKE MARKET IN SOUTH KOREA
8.1.2.5. INDONESIA
8.1.2.5.1. REGULATIONS
FOR THE E-BIKE MARKET IN INDONESIA
8.1.2.6. THAILAND
8.1.2.6.1. INCENTIVES
FOR THE E-BIKE MARKET IN THAILAND
8.1.2.7. VIETNAM
8.1.2.7.1. REGULATIONS
& INCENTIVES FOR THE E-BIKE MARKET IN VIETNAM
8.1.2.8. AUSTRALIA
& NEW ZEALAND
8.1.2.8.1. REGULATIONS
AND INCENTIVES FOR THE E-BIKE MARKET IN AUSTRALIA & NEW ZEALAND
8.1.2.9. REST
OF ASIA-PACIFIC
9. COMPETITIVE
LANDSCAPE
9.1. ACCELL
GROUP
9.2. BMZ
GMBH
9.3. BROSE
FAHRZEUGTEILE SE & CO KG
9.4. DERBY
CYCLE
9.5. FUJI-TA
BICYCLE CO LTD
9.6. GIANT
MANUFACTURING CO LTD
9.7. JIANGSU
XINRI E-VEHICLE CO LTD
9.8. LG
CHEM
9.9. PANASONIC
CORPORATION
9.10. ROBERT
BOSCH GMBH
9.11. SAMSUNG
SDI CO LTD
9.12. SHIMANO
INC
9.13. GOLDEN
WHEEL GROUP
9.14. TREK
BICYCLE CORPORATION
9.15. QWIC
9.16. VANMOOF
9.17. STROMER
9.18. RIESE
& MÜLLER
9.19. YADEA
GROUP HOLDINGS LTD
9.20. NIU
INTERNATIONAL
9.21. SILENCE
URBAN ECOMOBILITY
9.22. HERO
ELECTRIC
9.23. VMOTO
LIMITED
10. METHODOLOGY
& SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC E-BIKE
MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: ASIA-PACIFIC E-BIKE
MARKET, COUNTRY OUTLOOK, 2022-2028 (IN THOUSAND UNITS)
TABLE 3: MARKET ATTRACTIVENESS
INDEX
TABLE 4: VENDOR SCORECARD
TABLE 5: LIST OF CONTRACTS
& PARTNERSHIPS
TABLE 6: LIST OF BUSINESS
EXPANSIONS & DIVESTITURES
TABLE 7: LIST OF ACQUISITIONS
& MERGERS
TABLE 8: LIST OF NEW PRODUCT
LAUNCHES & INVESTMENTS
TABLE 9: ASIA-PACIFIC E-BIKE
MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC E-BIKE
MARKET, BY DRIVE MECHANISM, 2022-2028 (IN $ MILLION)
TABLE 11: ASIA-PACIFIC E-BIKE
MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 12: ASIA-PACIFIC E-BIKE
MARKET, BY BATTERY, 2022-2028 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC E-BIKE
MARKET, BY POWER, 2022-2028 (IN $ MILLION)
TABLE 14: TOP 5 PLAYERS IN THE
ASIA-PACIFIC
TABLE 15: ARAI REGULATIONS FOR
BATTERY-OPERATED VEHICLES
TABLE 16: STATEWISE INCENTIVES
FOR ELECTRIC TWO-WHEELERS IN INDIA
TABLE 17: ASIA-PACIFIC E-BIKE
MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC E-BIKE
MARKET, COUNTRY OUTLOOK, 2022-2028 (IN THOUSAND UNITS)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: ASIA-PACIFIC E-BIKE
MARKET, BY PRODUCT, 2021 (AVERAGE PRICE: $/UNIT)
FIGURE 3: ASIA-PACIFIC E-BIKE
MARKET, BY PRODUCT, 2021 & 2028 (IN %)
FIGURE 4: ASIA-PACIFIC E-BIKE
MARKET, BY PEDELECS, 2022-2028 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC E-BIKE
MARKET, BY THROTTLE ON DEMAND, 2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC E-BIKE
MARKET, BY SCOOTERS, 2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC E-BIKE
MARKET, BY MOTORCYCLES, 2022-2028 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC E-BIKE
MARKET, BY DRIVE MECHANISM, 2021 & 2028 (IN %)
FIGURE 9: ASIA-PACIFIC E-BIKE
MARKET, BY HUB MOTOR, 2022-2028 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC E-BIKE
MARKET, BY MID-DRIVE, 2022-2028 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC E-BIKE
MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 12: ASIA-PACIFIC E-BIKE
MARKET, BY CITY/URBAN, 2022-2028 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC E-BIKE
MARKET, BY TREKKING, 2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC E-BIKE
MARKET, BY CARGO, 2022-2028 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC E-BIKE
MARKET, BY BATTERY, 2021 & 2028 (IN %)
FIGURE 16: ASIA-PACIFIC E-BIKE
MARKET, BY LITHIUM-ION, 2022-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC E-BIKE
MARKET, BY LEAD ACID, 2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC E-BIKE
MARKET, BY POWER, 2021 & 2028 (IN %)
FIGURE 19: ASIA-PACIFIC E-BIKE
MARKET, BY LESS THAN & EQUAL TO 250 W, 2022-2028 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC E-BIKE
MARKET, BY ABOVE 250 W, 2022-2028 (IN $ MILLION)
FIGURE 21: CHINA E-BIKE MARKET
2022-2028 (IN $ MILLION)
FIGURE 22: JAPAN E-BIKE MARKET
2022-2028 (IN $ MILLION)
FIGURE 23: INDIA E-BIKE MARKET
2022-2028 (IN $ MILLION)
FIGURE 24: SOUTH KOREA E-BIKE
MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: INDONESIA E-BIKE
MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: THAILAND E-BIKE
MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: VIETNAM E-BIKE
MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: AUSTRALIA & NEW
ZEALAND E-BIKE MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: REST OF
ASIA-PACIFIC E-BIKE MARKET 2022-2028 (IN $ MILLION)