Pedelec Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027

Published on : Jan-2019 | List of Tables : 111 | List of Figures : 87 | No. of Pages : 170 | Report Code : FACT2068MR | Format :

Notable Highlights in the Pedelec Market

  • Yamaha Motor Company Limited, a Japanese manufacturer of electrically power assisted bicycles (EPAC), recently introduced a new 600Wh inTube battery for EPACs. The company announced that it will be supplying the Multi Location™ 600Wh, which allows its OEM customers to stylize the integrated designs of EPACs and complements existing external battery versions. The company revealed that the new 600Wh battery provides 20% more capacity than conventional battery packs in pedelecs.
  • Pedego Electric Bikes, an American player in the pedelec market, recently announced the launch of the Pedego Conveyor – a mid-drive commuter electric bike. The company declared that the combination of smooth mid-drive power and advanced drivetrain technology allows users to increase the speed of the pedelec up to 20mphwith the support of Pedal Assist.
  • The European Commission, based on the Article 5 of Regulation (EU) 2016/1036, recently initiated an anti-dumping investigation associated with the imports of pedelecs from China. The Commission found that Chinese manufacturers were dumping pedelecs in the European Union to low prices and thereby, the Commission has imposed stiff duties on pedelecs imported from China.
  • The European Commission has submitted a proposal to impose the Motor Insurance Directive on electric bikes, including pedelecs. This may  impact on growth of the pedelec market as well as the electric bicycle industry in the coming future.
  • Bosch, a multinational electronics company, recently announced the market launch of anti-lock braking system (ABS) for electric bikes (e-bikes) and high-end pedelecs. Though the implementation of ABS in pedelecs is in its nascent stage, the company has announced that it will make ABS for some high-end models of pedelecs commercially available by the end of 2018.
  • Shimano, Inc., a cycling component manufacturer, announced that in the second half of the year 2018, it will introduce innovative products to expand the range of Shimano STEPS pedelec systems, mainly focusing on its top model of e-bikes – E800.

The report focuses on recent company developments in the pedelec market by providing critical information about leading market players. The report provides a comprehensive list of pedelec market players such as Giant Bicycle Inc., Yamaha Corporation, Derby Cycle AG, M1-Sporttechink, Helkama Velox, Pedego Electric Bikes, Magnum Bikes USA, Panther International GmbH, Visiobike, and BH Bikes.

pedelec marketplayers concentrations mapping

Note: Fact.MR’s study offers incisive insights on the pedelec market. A summary of the report is available upon request.

Environmental and Physical Benefits of Using Pedelecs Improve Their Sales Potential

With the growing awareness about negative effects of internal combustion engines in conventional vehicles on the environment, consumers are making a shift away from petrol/diesel vehicles. Unlike CI engines in vehicles, pedelecs generate no harmful emissions and do not contribute to air pollution, thereby, providing a sustainable mode of transportation. The environmental relevance of pedelecs is one of the most important factors accelerating growth of the pedelec market.

While increased environmental awareness has provided a fillip to the global sales of electric vehicles, health-conscious consumers are more inclined towards purchasing pedelec. Owing to their positive impacts on the environmental health as well as physical health, the number of pedelecs sold across the world is expected to surge in the coming years.

pedelec marketcross sectional matrix

Technological Advancements in Pedelec Systems Define Future of the Pedelec Market

Along with its minimal carbon footprint, pedelecs are gaining popularity among consumers as they provide a convenient solution to their fitness needs and urban congestion. Manufacturers in the pedelec market are shifting their focus on research & development of advanced solutions to eliminate drawbacks of pedelecs associated with imbalance between torque and speed.

Pedelec market players are aiming to introduce advanced technological solutions, such as intelligent control systems, which can enable the implementation of automatic or semi-automatic transmission for optimized energy utilization in pedelecs. Technological developments like these are likely to become predominant trends in the pedelecs market in upcoming years.

Safety Concerns about Pedelecs are Triggering Stringent Regulatory Actions Worldwide

The pedelec market has been witnessing positive growth since the past few years, however, with the increasing sales of pedelecs across the world, governing bodies have developed some standards and regulations to ensure safety of the bicycles. Governing organizations across the globe have developed some legal criteria that all the pedelecs manufactured and marketed must conform to, which have influenced pedelec market players to modify their salient business strategies.

The U.K government recently made amendment in the Electrically Assisted Pedal Cycles Regulations 1983, which modified the maximum permitted power of the electric motor in pedelecs and weight limits. The European Commission has imposed the Motor Insurance Directive on pedelecs launched in the European markets. The Australian government has published a document on ‘Vehicle standards information’, which covers rules and regulations on mopeds and power-assisted pedal cycles (pedelecs). In addition, in the U.S., the Consumer Product Safety Commission (CPSC) has developed some guidelines and standards to regulate the manufacturing and sales of electric bikes, including pedelecs, to protect the consumer health from risks of injury or death associated with the use of pedelecs.

Stigma about Electric Bikes as a ‘Lazy Option’ to Conventional Cycling may Limit Sales of Pedelecs

Though electric bikes are considered an environmentally friendly option to commute, most consumers are looking at them as a way to indulge in physical activities. However, electric bikes, including pedelecs, are misunderstood as a practice that negates all the health benefits of cycling, which is refraining them from purchasing pedelecs. Low awareness about the availability of pedelecs, which are a combination of a hybrid of human and electrical energy poses critical challenges for stakeholders in the pedelec market. Thereby, pedelec market players are adopting innovative marketing strategies to reach larger consumer bases, which is the most pragmatic solution for this deterrent on sales of pedelecs.

Note: For a detailed analysis on all the key market dynamics, request a sample.

Definition

A pedelec – a short for pedaled electric cycle – is a type of low-powered electric bicycles, in which a small electric motor assists the rider’s pedaling. Though pedelecs are considered conventional bicycles in many countries, pedelecs consist of battery-operated pedal assist, which differentiates pedelecs from conventional bicycles and regular electric bicycles.

About the Report

The Fact.MR study provides comprehensive information on growth parameters of the pedelec market for the period between 2018 and 2027. The report provides detailed analysis on important macro and microeconomic factors that will be instrumental in shaping the pedelec market during the forecast period.

The Fact.MR study also provides readers with actionable insights on recent developments in the pedelec market, along with lucrative opportunities for stakeholders, including pedelec manufacturers and distributors, and growth prospects of the pedelec market. Accurate and reliable estimates about quantitative conclusions about the growth of the pedelec market are featured in the Fact.MR report on pedelec market.     

Market Structure

The holistic assessment on market dynamics featured in the Fact.MR report on pedelec market is based on several segments of the pedelec market for the better understanding of readers. The pedelec market is divided into four segments – battery types, product types, motor topology, and regions.

pedelec market taxonomy

Based on the battery types of pedelecs, the pedelec market is segmented into nickel-cadmium battery, lithium-ion battery, sealed lead-acid battery, and nickel metal hydride battery. According to the product types, the pedelec market is segmented into e-MTB, race pedelecs, cross pedelecs, urban pedelecs, and foldable pedelecs.

According to the motor topology, the pedelec market is segmented into three types – center wheel motor, rear wheel motor, and front wheel motor. Based on the presence of pedelec markets in geographical regions, the global pedelec market is segmented into North America, Latin America, Europe, Japan, Asia Pacific Region excluding Japan (APEJ), and Middle East & Africa (MEA).

Additional Questions Answered

The pedelec market report provides in-depth information about changes in growth parameters of the metal packaging coatings market during the forecast period 2018-2027. The pedelec market report provides detailed information about growth prospects of the pedelec market, which includes minute details about the current and future growth parameters of the pedelec market.

The report also answers the market-related questions about for readers, which can help them to establish a strong presence the pedelec market. This information can help new entrants in the pedelec market to plan appropriate business strategies in the coming years.

Some the questions answered in the pedelec market report include

  • How OEMs are the important contributors to the growth of the pedelec market?
  • How are leading pedelec market players improving battery features and other characteristics of pedelecs?
  • Which consumer trends are influencing growth prospects of the international pedelec market and local pedelec markets?
  • What types of batteries are commonly being used by a majority of pedelec market players and why?
  • How will the pedelec market grow in developed regions in the upcoming years?

Research Methodology

Intelligence obtained from opinion leading stakeholders in the pedelec market and industry experts in the electric bicycles industry have been extrapolated in the Fact.MR report on pedelec market. Acquiring industry-validated and reliable data has enabled Fact.MR analysts to complete this insightful and value-based research report on the metal packaging coatings market. The report offers an in-depth assessment and nearly-accurate conclusions on the pedelec market, which are based on this market research methodology that involves comprehensive primary and secondary research approaches.

Secondary research on the pedelec market helps analysts to find out the historical and current market-related facts, data, and information to reach the lucrative avenues of growth in the pedelec market. For ascertaining qualitative and quantitative market growth estimates on the basis of value (US$ million) and volume (units), revenues generated by leading pedelec market players, along with their production capacities are taken into consideration.

pedelec market market approach

The secondary market research processes are carried out after conducting primary research, where leading stakeholders in the market, such as manufacturers, distributors, OEMs, suppliers, and investors, in the pedelec market are interviewed, and most accurate conclusions on the growth of the pedelec market during 2018-2027.

Request research methodology of this report.

Pedelec Market: Valuable Insights on Major Growth Prospects and Growth Opportunities for Stakeholders

Fact.MR recently published a market research report titled “Pedelec Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2027”. The report is a comprehensive representation of the most critical growth parameters of the pedelec market. Readers can find qualitative and quantitative information on how the pedelec market will grow during the forecast period 2018-2027.

The report presents critical information about the pedelec market in the most seamless, chapter-wise manner for the better understanding of readers. With help of the information featured in the pedelec market, readers can identify lucrative business opportunities for stakeholders in the pedelec market and other microeconomic factors that may influence the pedelec market growth during the forecast period. Furthermore, the report also helps readers to understand the regional outlook of the pedelec market to adopt appropriate strategies to capitalize on lucrative business opportunities in leading regional markets for pedelecs.

Chapter 1 – Global Pedelec Market - Executive Summary

The report commences with an executive summary of the pedelec market. The chapter features the market summary and highlights to help readers to get the overview of the growth of the pedelec market during the forecast period. This chapter also provides an explanation on growth opportunities in the pedelec market for stakeholders that may help readers to plan the outline of their upcoming business strategies and plans.

Chapter 2 – Global Pedelec Market Overview

This chapter provides information on pedelec market definition, introduction, and market structure to help readers to understand fundamentals of the pedelec market. The chapter also features megatrends that are popular among pedelec market players as well as target customer base, which can help readers to understand the future prospects of the pedelec market.

The chapter also features historical growth parameters of the pedelec market during 2013-2017 in terms of value (US$ million) and volume,

Information about key market players throughout the value chain and their presence in various regions is provides in this chapter. Apart from that, readers can get an overview of the electric bikes market, pedelec components market and global cycling industry in this chapter, which can help them to understand the impact of these markets on the pedelec market growth in the upcoming years.

In addition, the chapter also provides information about macroeconomic and microeconomic factors that can impact the growth of the pedelec market. This chapter includes detailed information about market dynamics, supply chain analysis, value chain analysis, regional pricing analysis, and Porter’s five forces analysis associated with the pedelec market. This chapter also provides readers with important information about leading players in the pedelec market, including suppliers, manufacturers, distributors, and pedelec component providers.

Chapter 3 – Global Pedelec Market Analysis and Forecast 2013-2027

This chapter provides detailed information about the growth of the pedelec during 2013-2027 in terms of value (US$ million) and volume (units). Readers can find growth of various segments and leading sub-segments of the pedelec market in this chapter.

The holistic assessment on market dynamics featured in the Fact.MR report on pedelec market is based on several segments of the pedelec market for the better understanding of readers. The pedelec market is divided into four segments – battery types, product types, motor topology, and regions.

Based on the battery types of pedelecs, the pedelec market is segmented into nickel-cadmium battery, lithium-ion battery, sealed lead-acid battery, and nickel metal hydride battery. According to the product types, the pedelec market is segmented into e-MTB, race pedelecs, cross pedelecs, urban pedelecs, and foldable pedelecs.

According to the motor topology, the pedelec market is segmented into three types – center wheel motor, rear wheel motor, and front wheel motor. Based on the presence of pedelec markets in geographical regions, the global pedelec market is segmented into North America, Latin America, Europe, Japan, Asia Pacific Region excluding Japan (APEJ), and Middle East & Africa (MEA).

Chapter 4 – North America Pedelec Market Size and Forecast, 2013-2027

This chapter concentrates on the North America pedelec market to analyze the market trends and adoption of pedelec in the United States and Canada during the forecast period. This chapter also provides detailed analysis of the North American market for pedelec based on the demand for pedelec according to battery types, product types, and motor topology to predict growth prospects the pedelec market in the North American region.

Chapter 5 – Latin America Pedelec Market Size and Forecast, 2013-2027

In this chapter, readers can find detailed information on how pedelec market will grow in Latin American region during 2018-2027. The market value assessment by country, such as Brazil, Mexico, and rest of Latin American region, based on the demand for pedelec according to battery types, product types, and motor topology in pedelecs to predict growth of the pedelec market in the region, is also provided in this chapter.

Chapter 6 – Europe Pedelec Market Size and Forecast, 2013-2027

The information featured in this chapter can help readers to comprehend growth prospects of the market for pedelecs across the European region. This chapter also explains growth prospects of the pedelec market in the European Union based on demand for pedelec according to battery types, product types, and motor topology in pedelecs marketed in the European pedelec market.

This chapter features detailed information on micro and macroeconomic factors that are instrumental in boosting or hampering adoption of pedelec in European countries, such as BENELUX (Belgium, Netherlands, and Luxemburg), EU-4 (Germany, France, Spain, and Italy), U.K., and Nordics (Norway, Denmark, Iceland, and Sweden) including leading countries in the Eastern Europe.

Chapter 7 – Japan Pedelec Market Size and Forecast, 2013-2027

This chapter provides information about growth prospects of the pedelec market in Japan based on demand for pedelec according to battery types, product types, and motor topology of pedelecs in the Japan pedelec market. This chapter offers detailed information on important factors that are hampering or boosting sales of pedelecs in the pedelec market for in Japan.

Chapter 8 – APEJ Pedelec Market Size and Forecast, 2013-2027

This chapter offers comprehensive information about the growth of the market for pedelec in APEJ region by assessing the adoption of pedelec in Asian countries, including China, India, ASEAN countries, and Australia & New Zealand based on the demand for pedelec based on the battery types, product types, and motor topology of pedelecs marketed in the APEJ region.

Chapter 9 – MEA Pedelec Market Size and Forecast, 2013-2027

In this chapter, readers can find comprehensive information about expansion of the market for pedelec in Middle East & African region (MEA) by analyzing the adoption of pedelec in GCC countries and South Africa. This chapter also explains growth prospects of the pedelec market in MEA based on demand for battery types, product types, and motor topology of pedelecs in the MEA pedelec market.

Chapter 10 – Global Pedelec Market Company Share, Competition Landscape and Company Profiles

In this chapter, readers can find thorough information that can help them to understand the competitive environment in the pedelec market along with detailed information about leading market players. This chapter also provides information about pedelec market structure, key financials, competitive developments, and financial share analysis of leading stakeholders in the pedelec market.

The report focuses on recent company developments in the pedelec market by providing critical information about leading market players. The report provides a comprehensive list of pedelec market players such as Giant Bicycle Inc., Yamaha Corporation, Derby Cycle AG, M1-Sporttechink, Helkama Velox, Pedego Electric Bikes, Magnum Bikes USA, Panther International GmbH, Visiobike, and BH Bikes.

Chapter 11 – Research Methodology

The chapter provides information on the research methodology followed during the course of the pedelec market study. The section also provides primary and secondary research approaches used during the pedelec market research and related resources used.

Chapter 12 – Secondary and Primary Sources

In this chapter, comprehensive information about all the secondary and primary resources used to acquire comprehensive information about the global and regional markets for pedelec is included.

Chapter 13 – Assumptions and Acronyms

This chapter provides information about all the assumptions, acronyms used in the pedelec market report to help readers to understand the information with more clarity.

Chapter 14 – Disclaimer

This chapter includes all the necessary disclaimers. This chapter provides information about all the acronyms and assumptions considered while making the pedelec market report to help readers understand the information with more clarity. Contact information can be found at the end of the report.

1. Global Pedelec Market - Executive Summary

2. Global Pedelec Market Overview
   2.1. Introduction
        2.1.1. Global Pedelec Market Taxonomy
        2.1.2. Global Pedelec Market Definition
   2.2. Global Pedelec Market Size (US$ Mn & Volume) and Forecast, 2013-2027
        2.2.1. Global Pedelec Market Y-o-Y Growth
   2.3. Global Pedelec Market Dynamics
   2.4. Supply Chain
   2.5. Cost Structure
   2.6. Pricing Analysis
   2.7. Raw Material Sourcing Strategy and Analysis
   2.8. List of Distributors
   2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Pedelec Market Analysis and Forecast 2013-2027
   3.1. Global Pedelec Market Size and Forecast By Battery Type, 2013-2027
        3.1.1. Nickel -cadmium  Market Size and Forecast, 2013-2027
               3.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.1.2. Market Share Comparison, By Region
               3.1.1.3. Y-o-Y growth Comparison, By Region
        3.1.2. Lithium-ion Battery Market Size and Forecast, 2013-2027
               3.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.2.2. Market Share Comparison, By Region
               3.1.2.3. Y-o-Y growth Comparison, By Region
        3.1.3. Sealed Lead-acid Market Size and Forecast, 2013-2027
               3.1.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.3.2. Market Share Comparison, By Region
               3.1.3.3. Y-o-Y growth Comparison, By Region
        3.1.4. Nickel Metal Hydride Market Size and Forecast, 2013-2027
               3.1.4.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.1.4.2. Market Share Comparison, By Region
               3.1.4.3. Y-o-Y growth Comparison, By Region
   3.2. Global Pedelec Market Size and Forecast By Product Type, 2013-2027
        3.2.1. e-MTB Market Size and Forecast, 2013-2027
               3.2.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.1.2. Market Share Comparison, By Region
               3.2.1.3. Y-o-Y growth Comparison, By Region
        3.2.2. Race pedelec Market Size and Forecast, 2013-2027
               3.2.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.2.2. Market Share Comparison, By Region
               3.2.2.3. Y-o-Y growth Comparison, By Region
        3.2.3. Cross pedelec Market Size and Forecast, 2013-2027
               3.2.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.3.2. Market Share Comparison, By Region
               3.2.3.3. Y-o-Y growth Comparison, By Region
        3.2.4. Urban pedelec Market Size and Forecast, 2013-2027
               3.2.4.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.4.2. Market Share Comparison, By Region
               3.2.4.3. Y-o-Y growth Comparison, By Region
        3.2.5. Foldable pedelec Market Size and Forecast, 2013-2027
               3.2.5.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.2.5.2. Market Share Comparison, By Region
               3.2.5.3. Y-o-Y growth Comparison, By Region
   3.3. Global Pedelec Market Size and Forecast By Motor Topology, 2013-2027
        3.3.1. Centre motor Market Size and Forecast, 2013-2027
               3.3.1.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.1.2. Market Share Comparison, By Region
               3.3.1.3. Y-o-Y growth Comparison, By Region
        3.3.2. Rear motor Market Size and Forecast, 2013-2027
               3.3.2.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.2.2. Market Share Comparison, By Region
               3.3.2.3. Y-o-Y growth Comparison, By Region
        3.3.3. Front motor Market Size and Forecast, 2013-2027
               3.3.3.1. Revenue (US$ Mn) & Volume Comparison, By Region
               3.3.3.2. Market Share Comparison, By Region
               3.3.3.3. Y-o-Y growth Comparison, By Region

4. North America Pedelec Market Size and Forecast, 2013-2027
   4.1. Revenue (US$ Mn) & Volume Comparison, By Country
   4.2. Revenue (US$ Mn) & Volume Comparison, By Battery Type
   4.3. Revenue (US$ Mn) & Volume Comparison, By Product Type
   4.4. Revenue (US$ Mn) & Volume Comparison, By Motor Topology

5. Latin America Pedelec Market Size and Forecast, 2013-2027
   5.1. Revenue (US$ Mn) & Volume Comparison, By Country
   5.2. Revenue (US$ Mn) & Volume Comparison, By Battery Type
   5.3. Revenue (US$ Mn) & Volume Comparison, By Product Type
   5.4. Revenue (US$ Mn) & Volume Comparison, By Motor Topology

6. Europe Pedelec Market Size and Forecast, 2013-2027
   6.1. Revenue (US$ Mn) & Volume Comparison, By Country
   6.2. Revenue (US$ Mn) & Volume Comparison, By Battery Type
   6.3. Revenue (US$ Mn) & Volume Comparison, By Product Type
   6.4. Revenue (US$ Mn) & Volume Comparison, By Motor Topology

7. Japan Pedelec Market Size and Forecast, 2013-2027
   7.1. Revenue (US$ Mn) & Volume Comparison, By Country
   7.2. Revenue (US$ Mn) & Volume Comparison, By Battery Type
   7.3. Revenue (US$ Mn) & Volume Comparison, By Product Type
   7.4. Revenue (US$ Mn) & Volume Comparison, By Motor Topology

8. APEJ Pedelec Market Size and Forecast, 2013-2027
   8.1. Revenue (US$ Mn) & Volume Comparison, By Country
   8.2. Revenue (US$ Mn) & Volume Comparison, By Battery Type
   8.3. Revenue (US$ Mn) & Volume Comparison, By Product Type
   8.4. Revenue (US$ Mn) & Volume Comparison, By Motor Topology

9. MEA Pedelec Market Size and Forecast, 2013-2027
   9.1. Revenue (US$ Mn) & Volume Comparison, By Country
   9.2. Revenue (US$ Mn) & Volume Comparison, By Battery Type
   9.3. Revenue (US$ Mn) & Volume Comparison, By Product Type
   9.4. Revenue (US$ Mn) & Volume Comparison, By Motor Topology

10. Global Pedelec Market Company Share, Competition Landscape and Company Profiles
   10.1. Company Share Analysis
   10.2. Competition Landscape
   10.3. Company Profiles
        10.3.1 Giant Bicycle Inc. (U.S.A)
        10.3.2 Yamaha Corporation (Japan)
        10.3.3 Derby Cycle AG (Germany)
        10.3.4 M1-Sporttechink (Germany)
        10.3.5 Helkama Velox (Finland)
        10.3.6 Pedego Electric Bikes (U.S.)
        10.3.7 Magnum Bikes USA (U.S.)
        10.3.8 Panther International GmbH (Germany)
        10.3.9 Visiobike (Croatia)
        10.3.10 BH Bikes (Great Britain)

11. Research Methodology

12. Secondary and Primary Sources

13. Assumptions and Acronyms

14. Disclaimer

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Pedelec Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2027