Pedelec Market
Pedelec Market Analysis by e-MTB, Race, Cross, Urban, and Foldable Types from 2023 to 2033
Analysis of Pedelec Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Pedelec Market Outlook (2023 to 2033)
The global pedelec market, as reported by Fact.MR, reached a valuation of US$ 30.12 billion in 2022 with worldwide sales of pedelecs registering a CAGR of 7.5% from 2018 to 2022. Over the forecast period (2023 to 2033), demand for pedelecs is projected to rise at a noteworthy CAGR of 7.1% and reach a market valuation of US$ 64.05 billion by 2033-end.
Increasing importance of physical fitness is estimated to stimulate health-conscious consumers to invest in e-bikes and pedelecs around the world. The recently developed pedelecs come with noiseless features that are also fueling opportunities for players. Manufacturers’ increasing focus on making lightweight pedelecs combining electric and manual transportation modes is also projected to open up lucrative opportunities for them in the coming 10 years.
- Sales of pedelecs fitted with lithium-ion batteries are projected to rise at a CAGR of 7.5% and reach US$ 37.72 billion by 2033-end.
- Demand for pedelecs in Germany is forecasted to register 7.8% CAGR and reach a market value of US$ 5.06 billion by 2033.
Increasing cost of fuel over the past decade has led to the rising adoption of bicycles as an efficient mode of daily commuting. Growing fuel prices are an outcome of the surging cost of crude oil that is prominently controlled by OPEC.
Crude oil prices are projected to keep growing because of their limited sources and also due to production cuts by leading companies. Thus, demand for pedelecs is predicted to increase at a noteworthy rate in the coming decade. In addition, many consumers are inclined towards using bicycles due to rising environmental consciousness. The high demand for pedelecs is increasing globally as they help in maintaining good physical health.
Demand for pedelecs is growing due to their ability to reduce air, noise, and air pollution. Many people are becoming aware of the benefits of pedelecs with their ability to toggle from manual to electric propulsion according to requirements. For example, speed pedelecs do not emit any harmful gases and operate silently.
Fact.MR, a provider of market research and competitive intelligence, recently published a research report about the market dynamics of pedelecs. Market growth opportunities, competitiveness, regional analysis, etc. are covered in this report.
| Report Attributes | Details |
|---|---|
| Pedelec Market Size (2023) | US$ 32.26 Billion |
| Projected Market Value (2033) | US$ 64.05 Billion |
| Global Market Growth Rate (2023 to 2033) | 7.1% CAGR |
| Foldable Pedelec Segment Growth Rate (2023 to 2033) | 6.9% CAGR |
| China Market Value (2033) | US$ 12.68 Billion |
| Japan Market Growth Rate (2023 to 2033) | 7.5% CAGR |
| United States Market Value (2033) | US$ 15.56 Billion |
| Key Companies Profiled | Giant Bicycle Inc.; BH Bikes; Yamaha Corporation; Visiobike; Derby Cycle AG; Panther International GmbH; Pedego Electric Bikes; M1-Sporttechink; Magnum Bikes USA; Helkama Velox |
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Which are the Factors Driving the Sales of Pedelecs around the World?
“Rising Environmental Concerns about Emissions from Fuel-based Vehicles Driving Shift towards Sustainable Transportation Modes”
Awareness of the adverse impact of emissions from internal combustion engines on the environment is rising. This has prompted a shift from petrol and diesel vehicles to their electric counterparts. Pedelecs do not generate any harmful emissions, unlike internal combustion engines. Pedelecs are a sustainable transportation mode.
Rising environmental concerns have led to wide adoption of electric vehicles.
“Stringent Environmental Safety Regulations Boosting Demand for Pedelecs”
Governing bodies establish regulations and standards to guarantee the safety of pedelecs. Pedelec manufacturers are required to comply with specific legal criteria developed by governing organizations worldwide. This has prompted players in the industry to adapt their prominent business strategies, ultimately driving the sales of pedelecs.
- An example of this can be seen in the publication of the Vehicle Standards Information by the Australian government, which outlines specific rules and regulations about power-assisted pedal cycles and mopeds.
- The Consumer Product Safety Commission in the United States has also established standards and guidelines that govern the manufacturing and sale of electric bikes. These regulations are in place to safeguard consumer well-being and minimize the risks of death or injury associated with the adoption and use of pedelecs.
Which are the Challenges Encountered by Pedelec Manufacturers?
“Lengthy Charging Times and Shortage of Charging Facilities”
The complete charging time for pedelec batteries typically ranges from 3 to 5 hours, which may require consumers to wait before being able to ride to their desired destinations. This aspect is projected to have negative effects on the market growth.
While pedelecs serve as an efficient mode of transportation for shorter distances, they are not ideal for long trips as users would need to stop and locate charging facilities along the way. Certain offices currently do not offer charging facilities, which limits the viability of pedelecs as an option for commuting in such areas.
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What are the Measures Being Taken by New Companies to Enhance Their Profitability?
“Focus of Start-ups on Development of Advanced Pedelecs to Eliminate Drawbacks Due to Imbalance between Speed and Torque”
More people are now adopting pedelecs for their eco-friendly nature and capability to solve urban congestion and meet their fitness requirements, leading start-ups to focus on research and development to address challenges related to speed-torque imbalance. New entrants are striving to develop advanced technological solutions, such as intelligent control systems, enabling automatic or semi-automatic transmission of pedelecs to optimize energy usage, indicating emerging trends in the market.
Country-wise Insights
What Makes the United States a Profitable Market for Pedelec Suppliers?
“Rapid Adoption of Efficient and Powerful Pedelecs as Green Transportation Solutions”
The United States market is anticipated to expand at a CAGR of 7.3% and reach US$ 15.56 billion by 2033-end. Introduction of pedelecs as more efficient and powerful vehicles is predicted to bolster their sales in the United States. It is adopted at a noteworthy rate as a greener and cleaner transportation mode for short distances. Long-term advantages of riding pedelecs include working out while traveling.
How is Demand for Pedelecs Shaping Up in Germany?
“Rising Health and Environmental Consciousness Driving Demand for Pedelecs as Substitute for Traditional Vehicles for Short Distances”
Demand for pedelecs in Germany is forecasted to advance at a 7.8% CAGR and reach a value of US$ 5.06 billion by 2033.
Increasing awareness among various consumers about health and the environment is boosting demand for pedelecs in Germany. They are opted as substitutes for traditional motor vehicles, particularly for short distances. The reduced maintenance cost of pedelecs is also stimulating their adoption. Introduction of space-efficient pedelecs is also driving lucrative opportunities for players in Germany.
What is the Demand Outlook for Pedelecs in South Korea and Japan?
“Increased Battery Production and Favorable Regulatory Framework Pushing Demand for Pedelecs”
Demand for pedelecs in Japan is predicted to rise at a CAGR of 7.5% and reach US$ 5.25 billion by the end of 2033. The South Korean market is projected to advance at a 5.8% CAGR and reach a value of US$ 3.91 billion by 2033-end.
Rising production of various types of batteries and favorable regulatory frameworks in these countries are expected to drive up demand for pedelecs. In addition, increasing R&D activities by prominent pedelec suppliers are also contributing to market growth. An increased inclination towards electric bikes is also contributing to market growth.
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Category-wise Insights
Why Do Foldable Pedelecs Account for Higher Sales Across the Globe?
“Easy Portability of Foldable Pedelecs Huge Plus Point”
Sales of foldable pedelecs are forecasted to advance at a CAGR of 6.9% and reach a valuation of US$ 20.88 billion by 2033. Foldable pedelecs are becoming popular among biking enthusiasts because of their mobility and easy portability.
They are used as a convenient alternative to buses, conventional bikes, cars, and other transportation means. Portable pedelecs require less space across residential and commercial buildings, which is further contributing to increased sales.
How are Pedelecs with Lithium-ion Batteries Contributing to Market Growth?
“Extended Lifespan of Lithium-ion Batteries Leading to Cost Reduction for Pedelec Manufacturers”
Demand for pedelecs with lithium batteries is estimated to rise at a 7.5% CAGR and reach US$ 37.72 billion by 2033-end. These batteries are adopted at a larger scale due to their environmentally friendly nature.
The extended lifespan of lithium-ion batteries decreases the expenses associated with purchasing new batteries or replacing older ones, leading manufacturers to focus on cost reduction, thereby creating favorable prospects for industry players.
Key Market Players
Industry players are making investments in product standards, new developments, supply chain management systems, and quality assurance to enhance their offerings.
Pedelec manufacturers are leveraging new advancements and incorporating cutting-edge technologies into their products, striving to deliver seamless biking experiences with improved riding efficiency and enhanced ergonomics.
For instance:
- In September 2021, Giant Bicycles announced that their product the Defy Advanced Pro passed the endurance road bike test conducted by BikeRadar/Cycling Plus. The Defy Advanced Pro features a lightweight composite frameset designed to provide a smooth and compliant ride experience.
Key players in the pedelec market include Giant Bicycle Inc., BH Bikes, Yamaha Corporation, Visiobike, Derby Cycle AG, Panther International GmbH, Pedego Electric Bikes, M1-Sporttechink, Magnum Bikes USA, and Helkama Velox.
Segmentation of Pedelec Industry Research
-
By Product Type :
- e-MTB
- Race
- Cross
- Urban
- Foldable
-
By Battery Type :
- Nickel-Cadmium
- Lithium-Ion
- Sealed Lead Acid
- Nickel Metal Hydride
-
By Motor Topology :
- Center
- Rear
- Front
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Global Market Analysis and Forecast 2018 to 2033
- 3.1. Global Market Size and Forecast By Battery Type, 2018 to 2033
- 3.1.1. Nickel -cadmium
- 3.1.2. Lithium-ion Battery
- 3.1.3. Sealed Lead-acid
- 3.1.4. Nickel Metal Hydride
- 3.2. Global Market Size and Forecast By Product Type, 2018 to 2033
- 3.2.1. e-MTB
- 3.2.2. Race
- 3.2.3. Cross
- 3.2.4. Urban
- 3.2.5. Foldable
- 3.3. Global Market Size and Forecast By Motor Topology, 2018 to 2033
- 3.3.1. Centre motor
- 3.3.2. Rear motor
- 3.3.3. Front motor
- 3.1. Global Market Size and Forecast By Battery Type, 2018 to 2033
- 4. North America Market Size and Forecast, 2018 to 2033
- 5. Latin America Market Size and Forecast, 2018 to 2033
- 6. Europe Market Size and Forecast, 2018 to 2033
- 7. Japan Market Size and Forecast, 2018 to 2033
- 8. APEJ Market Size and Forecast, 2018 to 2033
- 9. MEA Market Size and Forecast, 2018 to 2033
- 10. Global Market Company Share, Competition Landscape and Company Profiles
- 10.1. Giant Bicycle Inc. (U.S.A)
- 10.2. Yamaha Corporation (Japan)
- 10.3. Derby Cycle AG (Germany)
- 10.4. M1-Sporttechink (Germany)
- 10.5. Helkama Velox (Finland)
- 10.6. Pedego Electric Bikes (U.S.)
- 10.7. Magnum Bikes USA (U.S.)
- 10.8. Panther International GmbH (Germany)
- 10.9. Visiobike (Croatia)
- 10.10. BH Bikes (Great Britain)
- 11. Research Methodology
- 12. Secondary and Primary Sources
- 13. Assumptions and Acronyms
- 14. Disclaimer
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List Of Table
TABLE 1: Global Market Value (US$ Mn) & Volume, 2018 to 2022
TABLE 2: Global Market Value (US$ Mn) & Volume, 2023 to 2033
TABLE 3: Global Market Value (US$ Mn) & Volume and Y-o-Y, 2022 to 2033
TABLE 4: Global Nickel -cadmium Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 5: Global Nickel -cadmium Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 6: Global Nickel -cadmium Segment Market Share, By Region 2018 to 2022
TABLE 7: Global Nickel -cadmium Segment Market Share, By Region 2023 to 2033
TABLE 8: Global Nickel -cadmium Segment Y-o-Y, By Region 2022 to 2033
TABLE 9: Global Lithium-ion Battery Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 10: Global Lithium-ion Battery Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 11: Global Lithium-ion Battery Segment Market Share, By Region 2018 to 2022
TABLE 12: Global Lithium-ion Battery Segment Market Share, By Region 2023 to 2033
TABLE 13: Global Lithium-ion Battery Segment Y-o-Y, By Region 2022 to 2033
TABLE 14: Global Sealed Lead-acid Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 15: Global Sealed Lead-acid Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 16: Global Sealed Lead-acid Segment Market Share, By Region 2018 to 2022
TABLE 17: Global Sealed Lead-acid Segment Market Share, By Region 2023 to 2033
TABLE 18: Global Sealed Lead-acid Segment Y-o-Y, By Region 2022 to 2033
TABLE 19: Global Nickel Metal Hydride Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 20: Global Nickel Metal Hydride Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 21: Global Nickel Metal Hydride Segment Market Share, By Region 2018 to 2022
TABLE 22: Global Nickel Metal Hydride Segment Market Share, By Region 2023 to 2033
TABLE 23: Global Nickel Metal Hydride Segment Y-o-Y, By Region 2022 to 2033
TABLE 24: Global e-MTB Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 25: Global e-MTB Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 26: Global e-MTB Segment Market Share, By Region 2018 to 2022
TABLE 27: Global e-MTB Segment Market Share, By Region 2023 to 2033
TABLE 28: Global e-MTB Segment Y-o-Y, By Region 2022 to 2033
TABLE 29: Global Race Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 30: Global Race Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 31: Global Race Segment Market Share, By Region 2018 to 2022
TABLE 32: Global Race Segment Market Share, By Region 2023 to 2033
TABLE 33: Global Race Segment Y-o-Y, By Region 2022 to 2033
TABLE 34: Global Cross Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 35: Global Cross Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 36: Global Cross Segment Market Share, By Region 2018 to 2022
TABLE 37: Global Cross Segment Market Share, By Region 2023 to 2033
TABLE 38: Global Cross Segment Y-o-Y, By Region 2022 to 2033
TABLE 39: Global Urban Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 40: Global Urban Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 41: Global Urban Segment Market Share, By Region 2018 to 2022
TABLE 42: Global Urban Segment Market Share, By Region 2023 to 2033
TABLE 43: Global Urban Segment Y-o-Y, By Region 2022 to 2033
TABLE 44: Global Foldable Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 45: Global Foldable Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 46: Global Foldable Segment Market Share, By Region 2018 to 2022
TABLE 47: Global Foldable Segment Market Share, By Region 2023 to 2033
TABLE 48: Global Foldable Segment Y-o-Y, By Region 2022 to 2033
TABLE 49: Global Centre motor Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 50: Global Centre motor Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 51: Global Centre motor Segment Market Share, By Region 2018 to 2022
TABLE 52: Global Centre motor Segment Market Share, By Region 2023 to 2033
TABLE 53: Global Centre motor Segment Y-o-Y, By Region 2022 to 2033
TABLE 54: Global Rear motor Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 55: Global Rear motor Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 56: Global Rear motor Segment Market Share, By Region 2018 to 2022
TABLE 57: Global Rear motor Segment Market Share, By Region 2023 to 2033
TABLE 58: Global Rear motor Segment Y-o-Y, By Region 2022 to 2033
TABLE 59: Global Front motor Segment Value (US$ Mn) & Volume, By Region 2018 to 2022
TABLE 60: Global Front motor Segment Value (US$ Mn) & Volume, By Region 2023 to 2033
TABLE 61: Global Front motor Segment Market Share, By Region 2018 to 2022
TABLE 62: Global Front motor Segment Market Share, By Region 2023 to 2033
TABLE 63: Global Front motor Segment Y-o-Y, By Region 2022 to 2033
TABLE 64: North America Market Value (US$ Mn) & Volume, By Country 2018 to 2022
TABLE 65: North America Market Value (US$ Mn) & Volume, By Country 2023 to 2033
TABLE 66: North America Market Value (US$ Mn) & Volume, By Battery 2018 to 2022
TABLE 67: North America Market Value (US$ Mn) & Volume, By Battery 2023 to 2033
TABLE 68: North America Market Value (US$ Mn) & Volume, By Product Type 2018 to 2022
TABLE 69: North America Market Value (US$ Mn) & Volume, By Product Type 2023 to 2033
TABLE 70: North America Market Value (US$ Mn) & Volume, By Motor Topology 2018 to 2022
TABLE 71: North America Market Value (US$ Mn) & Volume, By Motor Topology 2023 to 2033
TABLE 72: Latin America Market Value (US$ Mn) & Volume, By Country 2018 to 2022
TABLE 73: Latin America Market Value (US$ Mn) & Volume, By Country 2023 to 2033
TABLE 74: Latin America Market Value (US$ Mn) & Volume, By Battery 2018 to 2022
TABLE 75: Latin America Market Value (US$ Mn) & Volume, By Battery 2023 to 2033
TABLE 76: Latin America Market Value (US$ Mn) & Volume, By Product Type 2018 to 2022
TABLE 77: Latin America Market Value (US$ Mn) & Volume, By Product Type 2023 to 2033
TABLE 78: Latin America Market Value (US$ Mn) & Volume, By Motor Topology 2018 to 2022
TABLE 79: Latin America Market Value (US$ Mn) & Volume, By Motor Topology 2023 to 2033
TABLE 80: Europe Market Value (US$ Mn) & Volume, By Country 2018 to 2022
TABLE 81: Europe Market Value (US$ Mn) & Volume, By Country 2023 to 2033
TABLE 82: Europe Market Value (US$ Mn) & Volume, By Battery 2018 to 2022
TABLE 83: Europe Market Value (US$ Mn) & Volume, By Battery 2023 to 2033
TABLE 84: Europe Market Value (US$ Mn) & Volume, By Product Type 2018 to 2022
TABLE 85: Europe Market Value (US$ Mn) & Volume, By Product Type 2023 to 2033
TABLE 86: Europe Market Value (US$ Mn) & Volume, By Motor Topology 2018 to 2022
TABLE 87: Europe Market Value (US$ Mn) & Volume, By Motor Topology 2023 to 2033
TABLE 88: Japan Market Value (US$ Mn) & Volume, By Country 2018 to 2022
TABLE 89: Japan Market Value (US$ Mn) & Volume, By Country 2023 to 2033
TABLE 90: Japan Market Value (US$ Mn) & Volume, By Battery 2018 to 2022
TABLE 91: Japan Market Value (US$ Mn) & Volume, By Battery 2023 to 2033
TABLE 92: Japan Market Value (US$ Mn) & Volume, By Product Type 2018 to 2022
TABLE 93: Japan Market Value (US$ Mn) & Volume, By Product Type 2023 to 2033
TABLE 94: Japan Market Value (US$ Mn) & Volume, By Motor Topology 2018 to 2022
TABLE 95: Japan Market Value (US$ Mn) & Volume, By Motor Topology 2023 to 2033
TABLE 96: APEJ Market Value (US$ Mn) & Volume, By Country 2018 to 2022
TABLE 97: APEJ Market Value (US$ Mn) & Volume, By Country 2023 to 2033
TABLE 98: APEJ Market Value (US$ Mn) & Volume, By Battery 2018 to 2022
TABLE 99: APEJ Market Value (US$ Mn) & Volume, By Battery 2023 to 2033
TABLE 100: APEJ Market Value (US$ Mn) & Volume, By Product Type 2018 to 2022
TABLE 101: APEJ Market Value (US$ Mn) & Volume, By Product Type 2023 to 2033
TABLE 102: APEJ Market Value (US$ Mn) & Volume, By Motor Topology 2018 to 2022
TABLE 103: APEJ Market Value (US$ Mn) & Volume, By Motor Topology 2023 to 2033
TABLE 104: MEA Market Value (US$ Mn) & Volume, By Country 2018 to 2022
TABLE 105: MEA Market Value (US$ Mn) & Volume, By Country 2023 to 2033
TABLE 106: MEA Market Value (US$ Mn) & Volume, By Battery 2018 to 2022
TABLE 107: MEA Market Value (US$ Mn) & Volume, By Battery 2023 to 2033
TABLE 108: MEA Market Value (US$ Mn) & Volume, By Product Type 2018 to 2022
TABLE 109: MEA Market Value (US$ Mn) & Volume, By Product Type 2023 to 2033
TABLE 110: MEA Market Value (US$ Mn) & Volume, By Motor Topology 2018 to 2022
TABLE 111: MEA Market Value (US$ Mn) & Volume, By Motor Topology 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ Mn), 2018 to 2022
Figure 2: Global Market Value (US$ Mn) Forecast, 2023 to 2033
Figure 3: Global Market Value (US$ Mn) and Y-o-Y, 2022 to 2033
Figure 4: Global Nickel -cadmium Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 5: Global Nickel -cadmium Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 6: Global Nickel -cadmium Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 7: Global Lithium-ion Battery Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 8: Global Lithium-ion Battery Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 9: Global Lithium-ion Battery Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 10: Global Sealed Lead-acid Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 11: Global Sealed Lead-acid Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 12: Global Sealed Lead-acid Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 13: Global Nickel Metal Hydride Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 14: Global Nickel Metal Hydride Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 15: Global Nickel Metal Hydride Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 16: Global e-MTB Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 17: Global e-MTB Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 18: Global e-MTB Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 19: Global Race Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 20: Global Race Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 21: Global Race Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 22: Global Cross Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 23: Global Cross Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 24: Global Cross Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 25: Global Urban Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 26: Global Urban Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 27: Global Urban Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 28: Global Foldable Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 29: Global Foldable Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 30: Global Foldable Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 31: Global Centre motor Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 32: Global Centre motor Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 33: Global Centre motor Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 34: Global Rear motor Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 35: Global Rear motor Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 36: Global Rear motor Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 37: Global Front motor Segment Market Value (US$ Mn) By Region, 2018 to 2022
Figure 38: Global Front motor Segment Market Value (US$ Mn) By Region, 2023 to 2033
Figure 39: Global Front motor Segment Y-o-Y Growth Rate, By Region, 2022 to 2033
Figure 40: North America Market Value (US$ Mn), By Country 2018 to 2022
Figure 41: North America Market Value (US$ Mn), By Country 2023 to 2033
Figure 42: North America Market Value (US$ Mn), By Battery 2018 to 2022
Figure 43: North America Market Value (US$ Mn), By Battery 2023 to 2033
Figure 44: North America Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 45: North America Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 46: North America Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 47: North America Market Value (US$ Mn), By Motor Topology 2023 to 2033
Figure 48: Latin America Market Value (US$ Mn), By Country 2018 to 2022
Figure 49: Latin America Market Value (US$ Mn), By Country 2023 to 2033
Figure 50: Latin America Market Value (US$ Mn), By Battery 2018 to 2022
Figure 51: Latin America Market Value (US$ Mn), By Battery 2023 to 2033
Figure 52: Latin America Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 53: Latin America Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 54: Latin America Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 55: Latin America Market Value (US$ Mn), By Motor Topology 2023 to 2033
Figure 56: Europe Market Value (US$ Mn), By Country 2018 to 2022
Figure 57: Europe Market Value (US$ Mn), By Country 2023 to 2033
Figure 58: Europe Market Value (US$ Mn), By Battery 2018 to 2022
Figure 59: Europe Market Value (US$ Mn), By Battery 2023 to 2033
Figure 60: Europe Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 61: Europe Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 62: Europe Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 63: Europe Market Value (US$ Mn), By Motor Topology 2023 to 2033
Figure 64: Japan Market Value (US$ Mn), By Country 2018 to 2022
Figure 65: Japan Market Value (US$ Mn), By Country 2023 to 2033
Figure 66: Japan Market Value (US$ Mn), By Battery 2018 to 2022
Figure 67: Japan Market Value (US$ Mn), By Battery 2023 to 2033
Figure 68: Japan Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 69: Japan Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 70: Japan Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 71: Japan Market Value (US$ Mn), By Motor Topology 2023 to 2033
Figure 72: APEJ Market Value (US$ Mn), By Country 2018 to 2022
Figure 73: APEJ Market Value (US$ Mn), By Country 2023 to 2033
Figure 74: APEJ Market Value (US$ Mn), By Battery 2018 to 2022
Figure 75: APEJ Market Value (US$ Mn), By Battery 2023 to 2033
Figure 76: APEJ Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 77: APEJ Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 78: APEJ Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 79: APEJ Market Value (US$ Mn), By Motor Topology 2023 to 2033
Figure 80: MEA Market Value (US$ Mn), By Country 2018 to 2022
Figure 81: MEA Market Value (US$ Mn), By Country 2023 to 2033
Figure 82: MEA Market Value (US$ Mn), By Battery 2018 to 2022
Figure 83: MEA Market Value (US$ Mn), By Battery 2023 to 2033
Figure 84: MEA Market Value (US$ Mn), By Product Type 2018 to 2022
Figure 85: MEA Market Value (US$ Mn), By Product Type 2023 to 2033
Figure 86: MEA Market Value (US$ Mn), By Motor Topology 2018 to 2022
Figure 87: MEA Market Value (US$ Mn), By Motor Topology 2023 to 2033
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the valuation of the pedelec market in 2023?
The global pedelec market stands at US$ 32.26 billion in 2023.
What is the demand outlook for pedelecs through 2033?
Worldwide demand for pedelecs is predicted to increase at a CAGR of 7.1% from 2023 to 2033.
What is the projected sales value for pedelecs in the United States?
Sales of pedelecs in the United States are projected to reach US$ 1.56 billion by 2033-end.
Which pedelec type accounts for higher demand?
Demand for foldable pedelecs is higher and is estimated to rise at 6.9% CAGR from 2023 to 2033.
What is the sales forecast for pedelecs in Japan?
Sales of pedelecs in Japan are forecasted to reach US$ 5.25 billion by 2033.
At what rate is the Chinese market expected to grow?
The market in China is set to advance at a CAGR of 7.3% from 2023 to 2033.
What is the projected valuation of the global pedelec market for 2033?
The market for pedelecs is projected to reach US$ 64.05 billion by 2033-end.
Pedelec Market