E-bikes Market is projected to reach $88.3 billion by 2030, at a CAGR of 11.9% f

1. o Radiation E-bikes Market is Projected to Reach $88.3 Billion by 2030

2. Global XXX Market – 2023-2030 Meticulous Research®—a leading global market research company, published a research report titled, ‘E-bikes Marketby Propulsion Type (Throttle-assisted and Dual Mode), Class, Power Output, E-bike Type, Battery Type, Motor Type (Hub Motors andMid-drive Motors), Structure, Charging Type, Charging Mode, and End User - Global Forecast to 2030.’ The E-bikes market is experiencing explosive growth, projected to reach a staggering $88.3 billion by 2030, at a CAGR of 11.9% from 2023 to 2030. This rapid expansion is fueled by the increasing adoption of e-bikes for shorter commutes, rising environmental concerns, and supportive government policies and regulations. Additionally, the growing health consciousness among consumers and the increasing uptake of e-bikes in emerging countries are set to create significant market growth opportunities. Driving Forces Behind E-bike Market Growth Environmental Benefits and Government Support Rising environmental concerns are a major driving force behind the growth of the e-bike market. The climate crisis is accelerating at an unprecedented rate, with air pollution posing serious public health risks. As traditional vehicles contribute significantly to air pollution, there has been a paradigm shift towards electric vehicles, including e-bikes. Governments worldwide are implementing stricter emissions regulations and offering incentives to promote the use of electric vehicles. For instance, countries in the APAC region, such as Thailand and Indonesia, are making significant strides in promoting electric motorcycles and phasing out conventional ones. Technological Advancements and Smart Features Technological advancements in e-bike design and functionality are also propelling market growth. Modern e-bikes come equipped with smart features such as IoT-enabled sensors for monitoring and optimizing performance, wireless charging, and swappable batteries. These innovations make e-bikes more convenient, efficient, and appealing to consumers. The integration of smart technologies into e-bikes is expected to drive their adoption further. Health and Fitness Benefits The rising health awareness among consumers is another critical factor driving the e-bike market. E-bikes offer a convenient and enjoyable way to incorporate physical activity into daily routines, promoting fitness and overall well-being. They provide the benefits of traditional cycling with the added advantage of electric assistance, making them suitable for people of all ages and fitness levels. Page 1 of 6 © Meticulous Research| sales@meticulousresearch.com

3. Global XXX Market – 2023-2030 Market Segmentation The e-bike market can be segmented based on various criteria, including propulsion type, class, power output, e-bike type, battery type, motor type, structure, charging type, charging mode, end-user, and geography. Each segment offers unique growth opportunities and caters to different consumer needs. Propulsion Type The market is divided into throttle-assisted e-bikes and dual-mode e-bikes. The dual-mode e-bikes segment is expected to register the highest CAGR during the forecast period due to their versatility and ease of use. Class E-bikes are classified into class 1, class 2, and class 3. The class 2 segment, known for its throttle-only operation, is projected to grow at the highest CAGR, driven by increasing adoption for short commutes and supportive government initiatives. Power Output E-bikes are categorized based on power output into below 250 W, 250 W–750 W, and more than 750 W. The 250 W–750 W segment is anticipated to witness the highest growth, driven by its popularity in emerging economies and favorable incentives and tax benefits. E-bike Type The market includes various types of e-bikes such as city e-bikes, adventure e-bikes, sports e-bikes, delivery/cargo e-bikes, and others. The adventure e-bikes segment is expected to register the highest CAGR due to the growing interest in mountain biking and outdoor activities. Battery Type E-bikes are powered by different battery types, including lithium-ion batteries, sealed lead acid batteries, and lithium-ion polymer batteries. The lithium-ion batteries segment is projected to grow the fastest, driven by advancements in battery technology and increasing demand for electric vehicles. Page 2 of 6 © Meticulous Research| sales@meticulousresearch.com

4. Global XXX Market – 2023-2030 Motor Type E-bikes feature either hub motors or mid-drive motors. The hub motors segment, particularly geared hub motors, is expected to witness significant growth due to their performance efficiency and increased range. Structure E-bikes can be foldable or non-foldable. The foldable e-bikes segment is projected to grow rapidly, driven by their compact design, ease of commuting, and lesser parking space requirements. Charging Type E-bikes can be charged using connector charging or wireless charging. The wireless charging segment is expected to grow the fastest, driven by the rising demand for fast- charging infrastructure and the increasing implementation of wireless charging systems. Charging Mode E-bikes can be charged via plug-in charging, swappable batteries, or solar-powered methods. The swappable battery segment is projected to grow the fastest, driven by the convenience of battery swapping services and their ability to extend the lifespan of e-bike batteries. End User The e-bike market serves various end-users, including government agencies, academic institutes/universities, business organizations, micromobility service providers, commercial & delivery services, and individuals. The business organizations segment is expected to grow the fastest, driven by increasing consumer demand for fuel-efficient vehicles and supportive government incentives. Regional Insights North America North America is slated to register the highest CAGR during the forecast period. The region's growth is driven by rising consumer interest in e-bikes, tax exemptions, and increasing adoption in developing economies for micromobility solutions. The U.S. and Canada are major contributors to the regional market, with strong government support and an increasing focus on sustainable transportation. Page 3 of 6 © Meticulous Research| sales@meticulousresearch.com

5. Global XXX Market – 2023-2030 Europe Europe is a significant market for e-bikes, driven by supportive government policies, high environmental awareness, and a well-developed cycling infrastructure. Countries such as Germany, the Netherlands, and France are leading the adoption of e-bikes, with a strong emphasis on reducing carbon emissions and promoting sustainable transportation. Asia-Pacific The Asia-Pacific region is a rapidly growing market for e-bikes, driven by increasing urbanization, rising disposable incomes, and supportive government initiatives. Countries such as China, Japan, and India are major contributors to the regional market, with a strong focus on reducing air pollution and promoting electric mobility. Latin America and Middle East & Africa These regions are also witnessing growth in the e-bike market, driven by increasing urbanization, rising awareness of environmental issues, and supportive government policies. Countries such as Brazil, Mexico, and South Africa are emerging markets for e-bikes, with significant growth potential. Challenges and Opportunities High Costs and Battery Life Despite the numerous benefits and growing popularity of e-bikes, the market faces challenges such as the high cost of e-bikes and the short lifecycle of batteries. However, advancements in battery technology and economies of scale are expected to reduce costs and improve battery life, driving market growth. Theft and Vandalism Increasing theft and vandalism of e-bikes pose a significant challenge for market players. The development of advanced security features and smart locks can help mitigate these risks and promote the safe use of e-bikes. Infrastructure Development Poor cycling infrastructure in developing countries is a major challenge for the e-bike market. Investment in dedicated cycling lanes, parking facilities, and charging stations can help overcome this challenge and promote the adoption of e-bikes. • • • • • • OEM Innovations Original Equipment Manufacturers (OEMs) are focusing on producing lightweight and connected e-bikes, offering significant growth opportunities. Innovations such as lightweight materials, advanced motor systems, and smart connectivity features are expected to drive the market forward. • • Page 4 of 6 © Meticulous Research| sales@meticulousresearch.com

6. Global XXX Market – 2023-2030 Market Trends The increasing trend of connected e-bikes and smart features is a key trend observed in the e-bike market. These features enhance the overall user experience and offer additional benefits such as real-time monitoring, navigation, and theft protection. Conclusion The e-bikes market is poised for significant growth, driven by environmental benefits, technological advancements, supportive government policies, and increasing health awareness among consumers. Despite challenges such as high costs, battery life, theft, and poor infrastructure, the market offers numerous opportunities for growth and innovation. With continuous advancements and increasing adoption, e-bikes are set to revolutionize the transportation industry, offering a sustainable, efficient, and healthy mode of travel.Key Players: The key players operating in the e-bikes market are Robert Bosch GmbH (Germany), Yamaha Motor Co., Ltd. (Japan), Aima Technology Group Co. Ltd. (China), Giant Manufacturing Co., Ltd. (Taiwan), Merida Industry Co., Ltd. (Taiwan), PEDEGO INC (U.S.), Rad Power Bikes Inc. (U.S.), Yadea Group Holdings Ltd. (China), Aventon (U.S.), Fuji-ta Bicycle Co.,Ltd. (China), Trek Bicycle Corporation (U.S.), Riese & Müller GmbH (Germany), Leon Cycle Ltd. (U.K.), myStromer AG (Switzerland), Magnum Electric Bikes (U.S.), Brompton Bicycle Ltd (U.K.), MAHLE GmbH (Germany), Hero Cycles Ltd. (India), Electric Bike Store Ltd (U.K.), and Juiced Riders, Inc. (U.S.). Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5555 Key questions answered in the report •Which are the high-growth market segments based on propulsion type, class, power output, e-bike type, battery type, motor type, structure, charging type, charging mode, end user, and geography? •What was the historical market for the e-bikes market? •What are the market forecasts and estimates for the period 2023–2030? •What are the major drivers, restraints, opportunities, challenges, and trends in the e- bikes market? •Who are the major players, and what shares do they hold in the e-bikes market? •How is the competitive landscape in the e-bikes market? •What are the recent developments in the e-bikes market? •What strategies are adopted by the major players in the e-bikes market? Page 5 of 6 © Meticulous Research| sales@meticulousresearch.com

7. Global XXX Market – 2023-2030 •What are the key geographic trends, and which are the high-growth countries? •Who are the local emerging players in the global e-bikes market, and how do they compete with the other players? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on research Us: Research® Sales- +1-646-781-8004 LinkedIn- https://www.linkedin.com/company/meticulous- Page 6 of 6 © Meticulous Research| sales@meticulousresearch.com