"South Africa, like many countries around the world, is experiencing a shift towards sustainable mobility solutions. With a focus on reducing carbon emissions and promoting eco-friendly transportation, e-bikes have gained significant traction among South African consumers. The e-bike market caters to the increasing demand for clean and efficient transportation options. E-bikes are playing a crucial role in urban commuting and addressing traffic congestion in South African cities. With growing urbanization and limited infrastructure, e-bikes offer a practical and efficient solution for short to medium distance travel. They provide a convenient alternative that reduces travel time, lowers transportation costs, and contributes to reduced traffic congestion. South Africa's stunning natural beauty, including its national parks, coastal routes, and mountainous landscapes, make it an ideal destination for outdoor adventure and tourism. E-bikes offer an exciting and eco-friendly way to explore these attractions, providing visitors with a unique and immersive experience. E-bike rentals and guided tours have become popular options for tourists seeking sustainable and memorable adventures. E-bikes in South Africa promote health and wellness by encouraging an active lifestyle. They offer a low-impact form of exercise and provide assistance with pedaling, making cycling accessible to a wider range of people. E-bikes allow individuals to enjoy the benefits of physical activity while exploring the outdoors and improving their fitness levels. According to the report, """"South Africa Electric Bicycle Market Overview, 2027"""", published by Bonafide Research, the market is projected to expand at a significant growth rate during the forecast period. South Africa's diverse ecosystems and renowned national parks make it a popular destination for eco-tourism and safari experiences. E-bikes offer an eco-friendly and exciting way to explore these natural wonders, providing visitors with a unique and immersive wildlife encounter. E-bike safaris and guided tours have emerged as popular attractions. South Africa's varied topography and extensive mountain biking trails have contributed to the rise of electric mountain biking. E-bikes designed for off-road adventures allow riders to conquer challenging terrains and enjoy thrilling mountain biking experiences. South Africa's landscape offers a perfect playground for electric mountain biking enthusiasts. E-bikes are increasingly being used for urban commuting and exploring city environments in South Africa. With the challenges of traffic congestion and limited parking, e-bikes provide a practical and efficient solution for navigating cities. They offer a convenient alternative that reduces travel time, lowers transportation costs, and contributes to a cleaner environment. The South African e-bike market promotes health and wellness by encouraging an active lifestyle. E-bikes offer individuals the opportunity to engage in physical activity while enjoying the benefits of assisted pedaling. They make cycling accessible to a wider range of people, promoting overall fitness and well-being. South Africa is witnessing the growth of local e-bike manufacturing, contributing to job creation and economic development. Domestic manufacturers are emerging, collaborating with local suppliers and retailers to produce high-quality e-bikes tailored to the unique needs and preferences of the South African market. This focus on local manufacturing fosters innovation and supports the local economy. Electric cargo bikes are gaining popularity for last-mile deliveries in South Africa. They provide a sustainable and efficient solution for local businesses and delivery services, particularly in urban areas. Electric cargo bikes help reduce traffic congestion, carbon emissions, and the overall environmental impact of delivery operations. 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 e-Bike 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.
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Download SampleAccording to the report, the South Africa 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: South Africa • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • South Africa 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 Battery • 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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