Middle-east E-bike Industry Overview
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Study Period: | 2017 - 2029 |
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Largest Share by Propulsion Type: | Pedal Assisted |
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Largest Share by Country: | Saudi Arabia |
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CAGR: | 4.96 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Middle-east E-bike Market Analysis
The Middle-east E-bike Market is projected to register a CAGR of 4.96%
- Largest Segment by Propulsion Type - Pedal Assisted : The motor on e-bikes with pedal help delivers much power, allowing riders to pedal more swiftly and easily. As a result, pedal assistance is the largest propulsion type.
- Largest Segment by Application Type - City/Urban : City/Urban is the most common application type for e-bikes due to their use in everyday commutes, logistics, e-bike rental services, and other activities.
- Largest Segment by Battery Type - Lithium-ion Battery : The rising usage of lithium-ion batteries in e-bicycles is due to factors like cutting-edge technology, higher range options, long battery lifespan, and quick charging features.
- Largest Country - Saudi Arabia : Well-built infrastructure, several startups, growing adoption of green mobility solutions, and increasing consumer interest in e-bikes have made the UAE the largest e-bike market across the Middle Eastern region.
Middle-east E-bike Industry Segments
Pedal Assisted, Speed Pedelec, Throttle Assisted are covered as segments by Propulsion Type. City/Urban, Trekking are covered as segments by Application Type. Lead Acid Battery, Lithium-ion Battery, Others are covered as segments by Battery Type. Saudi Arabia, United Arab Emirates, Rest-of-Middle East are covered as segments by Country.| Propulsion Type | |
| Pedal Assisted | |
| Speed Pedelec | |
| Throttle Assisted |
| Application Type | |
| City/Urban | |
| Trekking |
| Battery Type | |
| Lead Acid Battery | |
| Lithium-ion Battery | |
| Others |
| Country | |
| Saudi Arabia | |
| United Arab Emirates | |
| Rest-of-Middle East |
Middle-east E-bike Market Trends
This section covers the major market trends shaping the Middle-east E-bike Market according to our research experts:
Pedal Assisted is the largest segment by Propulsion Type.
- Increasing environmental awareness, rising traffic congestion, increased awareness about personal fitness, and cycling promotion programs are the main growth factors of the Middle Eastern e-bike market. People are rethinking using bicycles as their major mode of transportation due to a lack of parking spots and increasing traffic congestion. Customers are increasingly turning toward online distribution channels to purchase bicycles, owing to a number of factors such as doorstep delivery, easy replacement, and the accessibility to a wide range of goods from the comfort of home.
- The COVID-19 outbreak in the Middle East boosted the demand for bicycles. People use bicycles for commuting and for other activities like exercising and hiking. The increased public awareness of the health advantages of pedaling is the main demand driver. Consumers want vehicles that are safer, more comfortable, and ecologically responsible. The demand for such vehicles for daily commutes has increased due to the advent of shared mobility firms.
- In the coming years, e-bikes will likely become more popular in the Middle East. Ride-sharing firms in the United Arab Emirates are diversifying their product offerings to include renting and selling options for electric bicycles. By 2029, there may be 39.9 million customers engaged in e-commerce activities. E-cargo bikes may become more well-known in the coming years. Mountain e-bikes are also in great demand as the interest in hiking and leisurely activities is growing. Due to these various factors, the market for e-bikes in the region is expected to grow rapidly.
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Saudi Arabia is the largest segment by Country.
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Middle-east E-bike Market Competitor Analysis
The Middle-east E-bike Market is fairly consolidated, with the top five companies occupying 80.00%. The major players in this market are Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., MHW Bike-House GmbH (Cube Bikes), Riese & Müller and Specialized Bicycle Components (sorted alphabetically).
Middle-east E-bike Market Top Players
Giant Manufacturing Co. Ltd.
Merida Industry Co. Ltd.
MHW Bike-House GmbH (Cube Bikes)
Riese & Müller
Specialized Bicycle Components
*Disclaimer: Major Players sorted in no particular order
Middle-east E-bike Market Recent Developments
- November 2022: Jiangsu Lvneng Electrical Bicycle Technology Co., Ltd. has introduced the 20F02 folding electric bicycle.
- September 2022: Specialized, announced a recall of some battery packs on specific electric mountain bike models in May 2021 owing to fire dangers caused by these batteries' flaws.
- August 2022: Evans Cycles reintroduces Cube bikes to all 71 locations, During the height of the pandemic, Cube and Evans Cycles put their commercial relationship on pause due to supply chain issues.
Middle-east E-bike Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Bicycle Sales
2.2. GDP Per Capita
2.3. Inflation Rate
2.4. Adoption Rate Of E-Bikes
2.5. Percent Population/Commuters With 5-15 Km Daily Travel Distance
2.6. Bicycle Rental
2.7. E-Bike Battery Price
2.8. Price Chart Of Different Battery Chemistry
2.9. Hyper-Local Delivery
2.10. Dedicated Bicycle Lanes
2.11. Number Of Trekkers
2.12. Battery Charging Capacity
2.13. Traffic Congestion Index
2.14. Regulatory Framework
2.15. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION
3.1. Propulsion Type
3.1.1. Pedal Assisted
3.1.2. Speed Pedelec
3.1.3. Throttle Assisted
3.2. Application Type
3.2.1. City/Urban
3.2.2. Trekking
3.3. Battery Type
3.3.1. Lead Acid Battery
3.3.2. Lithium-ion Battery
3.3.3. Others
3.4. Country
3.4.1. Saudi Arabia
3.4.2. United Arab Emirates
3.4.3. Rest-of-Middle East
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Accell Group
4.4.2. Giant Manufacturing Co. Ltd.
4.4.3. Jiangsu Xinri E-Vehicle Co. Ltd.
4.4.4. M 1 - Sporttechnik GmbH & Co. KG
4.4.5. Merida Industry Co. Ltd.
4.4.6. MHW Bike-House GmbH (Cube Bikes)
4.4.7. Riese & Müller
4.4.8. Specialized Bicycle Components
4.4.9. Trek Bicycle Corporation
4.4.10. Wuxi Yadea Export-Import Co. Ltd.
5. KEY STRATEGIC QUESTIONS FOR E BIKES CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
Figure 1:
MIDDLE-EAST E-BIKE MARKET, BICYCLE SALES, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 2:
MIDDLE-EAST E-BIKE MARKET, GDP PER CAPITA, VALUE, USD, 2017 - 2029
Figure 3:
MIDDLE-EAST E-BIKE MARKET, INFLATION RATE, VALUE, PERCENT, 2017 - 2029
Figure 4:
MIDDLE-EAST E-BIKE MARKET, ADOPTION RATE, VOLUME, PERCENT, 2017 - 2029
Figure 5:
MIDDLE-EAST E-BIKE MARKET, COMMUTERS WITH 5-15 KM TRAVEL DISTANCE, VOLUME, PERCENT, 2017 - 2029
Figure 6:
MIDDLE-EAST E-BIKE MARKET, BICYCLE RENTAL, VALUE, USD MILLION, 2017 - 2029
Figure 7:
MIDDLE-EAST E-BIKE MARKET, E-BIKE BATTERY PRICE, VALUE, USD, 2017 - 2029
Figure 8:
MIDDLE-EAST E-BIKE MARKET, PRICE CHART OF DIFFERENT BATTERY CHEMISTRY, VALUE, USD, 2017 - 2029
Figure 9:
MIDDLE-EAST E-BIKE MARKET, HYPER-LOCAL DELIVERY, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 10:
MIDDLE-EAST E-BIKE MARKET, DEDICATED BICYCLE LANES, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 11:
MIDDLE-EAST E-BIKE MARKET, NUMBER OF TREKKERS, VOLUME, THOUSAND UNITS, 2017 - 2029
Figure 12:
MIDDLE-EAST E-BIKE MARKET, BATTERY CHARGING CAPACITY, VOLUME, UNITS, 2017 - 2029
Figure 13:
MIDDLE-EAST E-BIKE MARKET, TRAFFIC CONGESTION INDEX, VOLUME, PERCENT, 2017 - 2022
Figure 14:
MIDDLE-EAST E-BIKE MARKET, VOLUME, UNITS, 2017 - 2029
Figure 15:
MIDDLE-EAST E-BIKE MARKET, VALUE, USD MILLION, 2017 - 2029
Figure 16:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 17:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 18:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, SHARE (%), 2017 - 2029
Figure 19:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, SHARE (%), 2017 - 2029
Figure 20:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 21:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 22:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 23:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 24:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 25:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 26:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 27:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 28:
MIDDLE-EAST E-BIKE MARKET, BY PROPULSION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 29:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 30:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 31:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, SHARE (%), 2017 - 2029
Figure 32:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, SHARE (%), 2017 - 2029
Figure 33:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 34:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 35:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 36:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VOLUME, UNITS, 2017 - 2029
Figure 37:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 38:
MIDDLE-EAST E-BIKE MARKET, BY APPLICATION TYPE, VALUE SHARE (%), 2022 - 2029
Figure 39:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 40:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 41:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, SHARE (%), 2017 - 2029
Figure 42:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, SHARE (%), 2017 - 2029
Figure 43:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 44:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 45:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 - 2029
Figure 46:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 47:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 48:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 - 2029
Figure 49:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VOLUME, UNITS, 2017 - 2029
Figure 50:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE, USD MILLION, 2017 - 2029
Figure 51:
MIDDLE-EAST E-BIKE MARKET, BY BATTERY TYPE, VALUE SHARE (%), 2022 - 2029
Figure 52:
MIDDLE-EAST E-BIKE MARKET, ALL , VOLUME, UNITS, 2017 - 2029
Figure 53:
MIDDLE-EAST E-BIKE MARKET, ALL , VALUE, USD MILLION, 2017 - 2029
Figure 54:
MIDDLE-EAST E-BIKE MARKET, ALL , VOLUME, SHARE (%), 2017 - 2029
Figure 55:
MIDDLE-EAST E-BIKE MARKET, ALL , VALUE, SHARE (%), 2017 - 2029
Figure 56:
MIDDLE-EAST E-BIKE MARKET, SAUDI ARABIA , VOLUME, UNITS, 2017 - 2029
Figure 57:
MIDDLE-EAST E-BIKE MARKET, SAUDI ARABIA , VALUE, USD MILLION, 2017 - 2029
Figure 58:
MIDDLE-EAST E-BIKE MARKET, SAUDI ARABIA , VALUE SHARE (%), 2022 - 2029
Figure 59:
MIDDLE-EAST E-BIKE MARKET, UNITED ARAB EMIRATES , VOLUME, UNITS, 2017 - 2029
Figure 60:
MIDDLE-EAST E-BIKE MARKET, UNITED ARAB EMIRATES , VALUE, USD MILLION, 2017 - 2029
Figure 61:
MIDDLE-EAST E-BIKE MARKET, UNITED ARAB EMIRATES , VALUE SHARE (%), 2022 - 2029
Figure 62:
MIDDLE-EAST E-BIKE MARKET, REST-OF-MIDDLE EAST , VOLUME, UNITS, 2017 - 2029
Figure 63:
MIDDLE-EAST E-BIKE MARKET, REST-OF-MIDDLE EAST , VALUE, USD MILLION, 2017 - 2029
Figure 64:
MIDDLE-EAST E-BIKE MARKET, REST-OF-MIDDLE EAST , VALUE SHARE (%), 2022 - 2029
Figure 65:
MIDDLE-EAST E-BIKE MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
Figure 66:
MIDDLE-EAST E-BIKE MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
Figure 67:
MIDDLE-EAST E-BIKE MARKET SHARE(%), BY MAJOR PLAYERS, 2022
Market Definition
- By Application Type - E-bikes considered under this segment include city/urban, trekking, and cargo/utility e-bikes. The common types of e-bikes under these three categories include off-road/hybrid, kids, ladies/gents, cross, MTB, folding, fat tire, and sports e-bike.
- By Battery Type - This segment includes lithium-ion batteries, lead-acid batteries, and other battery types. The other battery type category includes nickel-metal hydroxide (NiMH), silicon, and lithium-polymer batteries.
- By Propulsion Type - E-bikes considered under this segment include pedal-assisted e-bikes, throttle-assisted e-bikes, and speed pedelec. While the speed limit of pedal and throttle-assisted e-bikes is usually 25 km/h, the speed limit of speed pedelec is generally 45 km/h (28 mph).
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
