The Latin America, Middle East, and Africa Electric Bike Market would witness market growth of 11.9% CAGR during the forecast period (2020-2026). In the last few years, one of the significant concerns for governments & environmentalists is the surge in carbon emission by fuel combustion on a world scale. This, as a result, fuels the demand for electric vehicles around the world, hence contributing to the growth of the overall market.
Moreover, the popularity of electric bikes has witnessed a spike due to the increasing fuel prices at the global level, rising pollution, and traffic congestion, particularly in urban regions. Further, inflated maintenance & running cost of fuel vehicles contribute to the switch in inclinations towards an electric bike in a day-to-day commute, which, as a result, boosts the E-bikes market growth.
E-bikes are less costly as compared to cars, do not need a license, and can be utilized on available bicycling infrastructure. The global market would witness bright growth prospects due to the quick urbanization & low inclination of consumers to utilize cars owing to high traffic congestion. Additionally, governments of several countries aim to create the infrastructure for e-bikes, including bicycle tracks & public charging stations with the preference of consumers toward e-bikes.
The Brazil market dominated the LAMEA Lead Acid Electric Bike Market by Country in 2019, thereby, achieving a market value of $428.9 million by 2026. The Argentina market would witness a CAGR of 11.4% during (2020 - 2026). Additionally, The UAE market is exhibiting a CAGR of 10.7% during (2020 - 2026).
The Scooter/Motorcycle market dominated the South Africa Electric Bike Market by Product in 2019, and would continue to be a dominant market till 2026. The Pedelecs market is experiencing a CAGR of 11.7% during (2020 - 2026). The Throttle on Demand market is estimated to grow at a CAGR of 14.7% during (2020 - 2026).
Based on Drive Mechanism, the market is segmented into Hub Motor, Mid-drive and Others. Based on Battery Type, the market is segmented into Lithium ion (Li-ion), Lead Acid and Others. Based on Product, the market is segmented into Scooter/Motorcycle, Pedelecs, Throttle on Demand and Speed Pedelecs. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: Electric Bike Market in LAMEA is expected to register a CAGR of 11.9% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accell Group, Mahindra & Mahindra Limited (Mahindra Group), Yamaha Motor Co., Ltd., Giant Manufacturing Co. Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Derby Cycle AG (Pon Holdings B.V.), Fuji-ta Bicycle Co., Ltd., Trek Bicycle Corporation, Tianjin Golden Wheel Group Co., Ltd., and Wuxi Truckrun Motor Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Drive Mechanism
- Hub Motor
- Mid-drive
- Others
By Battery Type
- Lithium ion (Li-ion)
- Lead Acid
- Others
By Product
- Scooter/Motorcycle
- Pedelecs
- Throttle on Demand
- Speed Pedelecs
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Accell Group
- Mahindra & Mahindra Limited (Mahindra Group)
- Yamaha Motor Co., Ltd.
- Giant Manufacturing Co. Ltd.
- Jiangsu Xinri E-Vehicle Co., Ltd.
- Derby Cycle AG (Pon Holdings B.V.)
- Fuji-ta Bicycle Co., Ltd.
- Trek Bicycle Corporation
- Tianjin Golden Wheel Group Co., Ltd.
- Wuxi Truckrun Motor Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Electric Bike Market, by Drive Mechanism
1.4.2 LAMEA Electric Bike Market, by Battery Type
1.4.3 LAMEA Electric Bike Market, by Product
1.4.4 LAMEA Electric Bike Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Electric Bike Market by Drive Mechanism
3.1 LAMEA Hub Motor Electric Bike Market by Country
3.2 LAMEA Mid-drive Electric Bike Market by Country
3.3 LAMEA Others Electric Bike Market by Country
Chapter 4. LAMEA Electric Bike Market by Battery Type
4.1 LAMEA Lithium ion (Li-ion) Electric Bike Market by Country
4.2 LAMEA Lead Acid Electric Bike Market by Country
4.3 LAMEA Others Electric Bike Market by Country
Chapter 5. LAMEA Electric Bike Market by Product
5.1 LAMEA Scooter/Motorcycle Electric Bike Market by Country
5.2 LAMEA Pedelecs Electric Bike Market by Country
5.3 LAMEA Throttle on Demand Electric Bike Market by Country
5.4 LAMEA Speed Pedelecs Electric Bike Market by Country
Chapter 6. LAMEA Electric Bike Market by Country
6.1 Brazil Electric Bike Market
6.1.1 Brazil Electric Bike Market by Drive Mechanism
6.1.2 Brazil Electric Bike Market by Battery Type
6.1.3 Brazil Electric Bike Market by Product
6.2 Argentina Electric Bike Market
6.2.1 Argentina Electric Bike Market by Drive Mechanism
6.2.2 Argentina Electric Bike Market by Battery Type
6.2.3 Argentina Electric Bike Market by Product
6.3 UAE Electric Bike Market
6.3.1 UAE Electric Bike Market by Drive Mechanism
6.3.2 UAE Electric Bike Market by Battery Type
6.3.3 UAE Electric Bike Market by Product
6.4 Saudi Arabia Electric Bike Market
6.4.1 Saudi Arabia Electric Bike Market by Drive Mechanism
6.4.2 Saudi Arabia Electric Bike Market by Battery Type
6.4.3 Saudi Arabia Electric Bike Market by Product
6.5 South Africa Electric Bike Market
6.5.1 South Africa Electric Bike Market by Drive Mechanism
6.5.2 South Africa Electric Bike Market by Battery Type
6.5.3 South Africa Electric Bike Market by Product
6.6 Nigeria Electric Bike Market
6.6.1 Nigeria Electric Bike Market by Drive Mechanism
6.6.2 Nigeria Electric Bike Market by Battery Type
6.6.3 Nigeria Electric Bike Market by Product
6.7 Rest of LAMEA Electric Bike Market
6.7.1 Rest of LAMEA Electric Bike Market by Drive Mechanism
6.7.2 Rest of LAMEA Electric Bike Market by Battery Type
6.7.3 Rest of LAMEA Electric Bike Market by Product
Chapter 7. Company Profiles
7.1 Accell Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Mahindra & Mahindra Limited (Mahindra Group)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.1 Recent strategies and developments:
7.2.1.1 Partnerships, Collaborations, and Agreements:
7.2.1.2 Product Launches and Product Expansions:
7.2.1.3 Acquisition and Mergers:
7.3 Yamaha Motor Co., Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Giant Manufacturing Co. Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expense
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.5 Jiangsu Xinri E-Vehicle Co., Ltd.
7.5.1 Company Overview
7.6 Derby Cycle AG (Pon Holdings B.V.)
7.6.1 Company Overview
7.7 Fuji-ta Bicycle Co., Ltd.
7.7.1 Company Overview
7.8 Trek Bicycle Corporation
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Acquisition and Mergers:
7.8.2.2 Partnerships, Collaborations, and Agreements:
7.9 Tianjin Golden Wheel Group Co., Ltd.
7.9.1 Company Overview
7.10. Wuxi Truckrun Motor Co., Ltd.
7.10.1 Company Overview
TABLE 1 LAMEA Electric Bike Market, 2016 - 2019, USD Million
TABLE 2 LAMEA Electric Bike Market, 2020 - 2026, USD Million
TABLE 3 LAMEA Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 4 LAMEA Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 5 LAMEA Hub Motor Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 6 LAMEA Hub Motor Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 7 LAMEA Mid-drive Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 8 LAMEA Mid-drive Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 9 LAMEA Others Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 10 LAMEA Others Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 11 LAMEA Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 12 LAMEA Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 13 LAMEA Lithium ion (Li-ion) Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 14 LAMEA Lithium ion (Li-ion) Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 15 LAMEA Lead Acid Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 16 LAMEA Lead Acid Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 17 LAMEA Others Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 18 LAMEA Others Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 19 LAMEA Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 20 LAMEA Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 21 LAMEA Scooter/Motorcycle Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 22 LAMEA Scooter/Motorcycle Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 23 LAMEA Pedelecs Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 24 LAMEA Pedelecs Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 25 LAMEA Throttle on Demand Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 26 LAMEA Throttle on Demand Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 27 LAMEA Speed Pedelecs Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 28 LAMEA Speed Pedelecs Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 29 LAMEA Electric Bike Market by Country, 2016 - 2019, USD Million
TABLE 30 LAMEA Electric Bike Market by Country, 2020 - 2026, USD Million
TABLE 31 Brazil Electric Bike Market, 2016 - 2019, USD Million
TABLE 32 Brazil Electric Bike Market, 2020 - 2026, USD Million
TABLE 33 Brazil Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 34 Brazil Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 35 Brazil Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 36 Brazil Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 37 Brazil Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 38 Brazil Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 39 Argentina Electric Bike Market, 2016 - 2019, USD Million
TABLE 40 Argentina Electric Bike Market, 2020 - 2026, USD Million
TABLE 41 Argentina Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 42 Argentina Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 43 Argentina Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 44 Argentina Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 45 Argentina Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 46 Argentina Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 47 UAE Electric Bike Market, 2016 - 2019, USD Million
TABLE 48 UAE Electric Bike Market, 2020 - 2026, USD Million
TABLE 49 UAE Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 50 UAE Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 51 UAE Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 52 UAE Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 53 UAE Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 54 UAE Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 55 Saudi Arabia Electric Bike Market, 2016 - 2019, USD Million
TABLE 56 Saudi Arabia Electric Bike Market, 2020 - 2026, USD Million
TABLE 57 Saudi Arabia Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 58 Saudi Arabia Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 59 Saudi Arabia Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 60 Saudi Arabia Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 61 Saudi Arabia Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 62 Saudi Arabia Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 63 South Africa Electric Bike Market, 2016 - 2019, USD Million
TABLE 64 South Africa Electric Bike Market, 2020 - 2026, USD Million
TABLE 65 South Africa Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 66 South Africa Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 67 South Africa Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 68 South Africa Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 69 South Africa Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 70 South Africa Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 71 Nigeria Electric Bike Market, 2016 - 2019, USD Million
TABLE 72 Nigeria Electric Bike Market, 2020 - 2026, USD Million
TABLE 73 Nigeria Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 74 Nigeria Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 75 Nigeria Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 76 Nigeria Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 77 Nigeria Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 78 Nigeria Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 79 Rest of LAMEA Electric Bike Market, 2016 - 2019, USD Million
TABLE 80 Rest of LAMEA Electric Bike Market, 2020 - 2026, USD Million
TABLE 81 Rest of LAMEA Electric Bike Market by Drive Mechanism, 2016 - 2019, USD Million
TABLE 82 Rest of LAMEA Electric Bike Market by Drive Mechanism, 2020 - 2026, USD Million
TABLE 83 Rest of LAMEA Electric Bike Market by Battery Type, 2016 - 2019, USD Million
TABLE 84 Rest of LAMEA Electric Bike Market by Battery Type, 2020 - 2026, USD Million
TABLE 85 Rest of LAMEA Electric Bike Market by Product, 2016 - 2019, USD Million
TABLE 86 Rest of LAMEA Electric Bike Market by Product, 2020 - 2026, USD Million
TABLE 87 key information – Accell Group
TABLE 88 key Information – Mahindra & Mahindra Limited
TABLE 89 Key Information – Yamaha Motor Co., Ltd.
TABLE 90 Key Information – Giant Manufacturing Co. Ltd.
TABLE 91 Key Information – Jiangsu Xinri E-Vehicle Co., Ltd.
TABLE 92 Key Information – Derby Cycle AG
TABLE 93 Key Information – Fuji-ta Bicycle Co., Ltd.
TABLE 94 key information – Trek Bicycle Corporation
TABLE 95 Key Information – Tianjin Golden Wheel Group Co., Ltd.
TABLE 96 Key Information – Wuxi Truckrun Motor Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Accell Group
FIG 3 Recent strategies and developments: Mahindra & Mahindra Limited
FIG 4 Recent strategies and developments: Trek Bicycle Corporation