"Japan has a significant market for electric bicycles, which are commonly known as ""e-bikes"" or ""power-assisted bicycles"" in the country. The popularity of electric bicycles in Japan can be attributed to several factors, including the country's efficient transportation infrastructure, high population density in urban areas, and a culture that values environmentally friendly transportation options. Electric bicycles in Japan are classified into two main categories based on their maximum motor power output and maximum assisted speed. These are bicycles with a maximum motor power output of 250 watts and a maximum assisted speed of 24 kilometers per hour. Regular electric bicycles do not require registration or a license, and riders must be at least 13 years old. High-Speed Electric Bicycles also known as ""S Class"" electric bicycles, these have a maximum motor power output of 750 watts and a maximum assisted speed of 24 to 32 kilometers per hour. High-speed electric bicycles require registration and a license, similar to motorcycles, and riders must be at least 16 years old. The Japanese market offers a wide range of electric bicycle models from various manufacturers, both domestic and international. Major Japanese manufacturers include Yamaha, Panasonic, Bridgestone, and Shimano, while foreign brands such as Giant, Trek, and Specialized also have a presence in the market. According to the report, ""Japan Electric Bicycle Market Overview, 2027"", published by Bonafide Research, the market is projected to expand at a significant growth rate during the forecast period. Japanese electric bicycles often feature unique designs that cater to the preferences and needs of the local market. They prioritize functionality, comfort, and practicality, with features such as integrated baskets, child seats, and convenient storage compartments. Japan has implemented battery swapping stations for electric bicycles to address the issue of limited battery range. These stations allow riders to exchange their depleted batteries for fully charged ones, providing a convenient solution for longer trips. Safety is a key consideration in the design and regulations surrounding electric bicycles in Japan. For instance, electric bicycles are required to have automatic lights that turn on when the bicycle is in motion, ensuring better visibility for riders and other road users. Japan's aging population has contributed to the popularity of electric bicycles, as they provide a convenient and accessible mode of transportation for older individuals. Additionally, electric bicycles are commonly used for short commuting distances, especially in urban areas with congested traffic. Japanese electric bicycle manufacturers often integrate advanced technology into their products. This includes features like regenerative braking systems, advanced motor control algorithms, smartphone connectivity, and GPS navigation, enhancing the overall riding experience. Electric bicycle rental services are prevalent in Japan, particularly in tourist destinations and major cities. These rental services offer a convenient and eco-friendly way for visitors and locals to explore the city or tourist attractions. Japan has embraced the concept of electric bicycle tourism, promoting scenic routes and tours specifically designed for electric bicycle riders. These routes often take riders through picturesque landscapes, historical sites, and cultural attractions, providing a unique and sustainable tourism experience. The 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 Japan 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: Japan • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Japan 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."
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download Sample We are friendly and approachable. Give us a call.