"E-bikes in China are typically powered by rechargeable batteries and come in a variety of styles, including traditional bicycles with electric assistance, folding bikes, and electric scooters. Several factors have contributed to the rapid growth of the electric bicycle market in China. Firstly, the country's large population and urbanization have created a high demand for convenient and affordable transportation options. E-bikes offer an efficient way to navigate through congested city streets, especially for short to medium distance trips. Additionally, China has witnessed a growing emphasis on environmental sustainability and reducing air pollution. Electric bicycles provide a greener alternative to traditional gasoline-powered vehicles, as they produce zero emissions during operation. This aligns with the government's efforts to promote cleaner transportation options and combat pollution. Furthermore, technological advancements and improvements in battery technology have played a crucial role in the development of the Chinese electric bicycle market. Lithium-ion batteries have become more efficient and affordable, enabling e-bikes to travel longer distances on a single charge and reducing charging times. This has contributed to increased consumer confidence in electric bicycles. Government policies and regulations have also influenced the growth of the electric bicycle market in China. The government has implemented measures to support the development and adoption of electric vehicles, including e-bikes. These initiatives include subsidies, tax incentives, and the establishment of charging infrastructure to encourage the use of electric bicycles. According to the report, ""China Electric Bicycle Market Overview, 2027"", published by Bonafide Research, the market is projected to expand at a significant growth rate during the forecast period. The Chinese electric bicycle market has undergone significant evolution. Initially, e-bikes were primarily used by older adults and delivery workers. However, they have now become popular among a broader range of demographics, including young adults and students. In addition to electric bicycles, China has a significant market for low-speed electric vehicles (LSEVs). LSEVs include electric tricycles and quadricycles that are popular for short-distance transportation and small-scale goods delivery. China is a major producer of lithium-ion batteries, which are widely used in electric bicycles. The country's expertise in battery manufacturing has helped drive the growth of the electric bicycle market by ensuring a reliable and affordable supply of batteries. Electric bicycles play a prominent role in China's sharing economy. Many cities have seen the emergence of dockless bike-sharing services, where users can rent e-bikes for short trips. These services have gained popularity and have become an integral part of urban transportation in China. China is not only a major consumer of electric bicycles but also a significant exporter. Chinese manufacturers supply electric bicycles to countries worldwide, including Europe, North America, and Southeast Asia. Chinese electric bicycle manufacturers are known for their innovation and unique designs. They have introduced features such as regenerative braking systems, smart connectivity options, and integrated GPS systems, enhancing the overall riding experience. In recent years, the Chinese government has implemented stricter safety regulations for electric bicycles. This includes speed limits, licensing requirements, and regulations on battery quality to ensure the safety of riders and pedestrians. The widespread adoption of electric bicycles in China has had a positive environmental impact. It has helped reduce carbon emissions and air pollution, contributing to the country's efforts to combat climate change and improve air quality. The Chinese electric bicycle market is highly competitive, with numerous domestic and international manufacturers vying for market share. Popular Chinese electric bicycle brands include Xiaomi, Ninebot, and Yadea, among others.
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Download SampleThe e-Bike market is witnessing a lot of technological advancements for more optimized and reliable products. The connected e-Bike is one such advancement, wherein the SIM module enables the eBike to send and receive data to and from the cloud without a connected smartphone. The connected e-bikes provide advanced features like emergency calls, integrated navigation, social media connection, an anti-theft system, and remote diagnostics, which attract a larger customer base. Therefore, the trend for connected e-Bikes would create an opportunity for the e-Bike market to develop and grow during the forecast period. Consumer preference for e-bikes as an eco-friendly and efficient mode of transportation, rising fuel costs, and increased interest in cycling as a fitness and recreational activity across the country are expected to drive market growth. Furthermore, improvement in biking infrastructure and battery technology is expected to offer lucrative opportunities for the electric bike market's growth. According to the report, the China electric bicycle (E-bike) market is segmented into two propulsion types, including pedal assist and throttle. Among these types, the pedal assist segment occupied a major portion of the market share in 2021 and is expected to continue growing during the forecast period. The higher market growth is attributed to its better battery life, lower servicing needs, and the ability for users to choose from three to five modes of pedal-assist depending on the model. However, the throttle segment is anticipated to exhibit a higher CAGR during the forecast period. Factors such as decreased pedaling effort in scenarios such as accelerating up a hill or cruising will drive the growth of this segment. Further, the market is segmented into three class types, including Class 1: Pedal Assist, Class 2: Throttle On Demand, and Class 3: Speed Pedelec. Class 1 e-bikes had the highest market revenue share in 2021 and are expected to maintain their dominance in the coming years. The rising demand for pedelecs because of their health assistance along with power assistance within the range of 25 kph that does not have any regulation on its driving is likely to propel the growth of class 1 e-bikes. Furthermore, based on the application, the city/urban segment is anticipated to dominate the market during the upcoming timeframe. COVID-19 Impacts: The COVID-19 outbreak has given a huge boost to the electric bike market. As people have become more cautious and with public transport taking a backseat even after the lifting of lockdowns, electric bikes have turned out to be the preferred choice of transport because it's fast, easy to ride, cheap and safe. The government restrictions and lockdowns during the first quarter of 2020 dampened the sale of e-Bikes as the stores were closed, and the commute was allowed for only essential services. However, after removing all impositions due to increased vaccination drives, things have started to normalize with the opening of offices and all other regular activity stores globally, which has again increased the regular travel scenario of commuters. The electric bike market is estimated to observe a huge boost in sales post-COVID-19 during the forecast period.
Considered in this report • Geography: China • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • China Electric Bicycle (E-Bikes) market with its value and forecast along with its segments • Various divers and challenges • Ongoing trends and developments • Five force models • Top profiled companies • Strategic recommendation Segment covered in the report • By Propulsion Type • Pedal Assist • Throttle
By Class Type • Class 1: Pedal Assist • Class 2: Throttle On Demand • Class 3: Speed Pedelec By Battery Type • Lithium-Ion Batter •Lead-Acid Battery • Others By Application • City/Urban • Trekking (E-mountain Bikes/e-MTB) • Cargo • Others (Speed e-bikes, Foldable, Fat Bicycle) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing the government- generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have verified the details obtained from secondary sources. Intended audience: This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to electric bicycle products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry."
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