Middle East and Africa Electric Bike (E-Bike) Market, By Battery Type (Lithium-Ion, Lithium-Ion Polymer, Nickel Metal Hydride, Lead Acid, Sealed Lead Acid, and Others), Hub Motor Location (Mid Drive Hub Motor, Rear Hub Motor, and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750W and Over 750W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle), and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo, and Others) - Industry Trends and Forecast to 2031.
Middle East and Africa Electric Bike (E-Bike) Market Analysis and Size
The demand in the Middle East and Africa electric bike (e-bike) market is mainly driven by the increasing use of eco-friendly and mobility solutions among the urban population of the region. The move away from the use of fossil fuels has led to the increasing focus on the development of electric vehicles. E-bikes have emerged to be an attractive option for the consumers in the region owing to their low cost and increasing functional convenience. The hub motors have been used in bikes for more than a decade and have emerged as a mature technology.
Data Bridge Market Research analyses that the Middle East and Africa electric bike (e-bike) market is expected to reach the value of USD 2,058.10 million by 2031, at a CAGR of 9.3% during the forecast period.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Battery Type (Lithium-Ion, Lithium-Ion Polymer, Nickel Metal Hydride, Lead Acid, Sealed Lead Acid, and Others), Hub Motor Location (Mid Drive Hub Motor, Rear Hub Motor, and Front Hub Motor), Mode (Pedal Assist and Throttle), Battery Power (Under 750W and Over 750W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle), and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo, and Others)
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Countries Covered
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Israel, Saudi Arabia, U.A.E., South Africa, Egypt, and Rest of Middle East and Africa
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Market Players Covered
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Giant Bicycles (Taiwan), Shimano Inc. (Japan), Robert Bosch Gmbh (Germany), Trek Bicycle Corporation (U.S.), Merida Bicycles (Taiwan), Brose Fahrzeugteile SE & Co. KG (Germany), Specialized Bicycle Components, Inc. (U.S.), eBee (Kenya), Koning (U.S.), and Amego Electric (Canada), among others
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Market Definition
E-bikes are similar to the conventional bicycles but are integrated with an addition of motor which is powered by the battery system. The motor assist the bike with extra power while pedaling saving the energy of the cyclist and enabling to travel for longer distance, rough terrains and elevated mountains. These bikes are designed in order to fulfill varied purposes of the cyclist.
Middle East and Africa Electric Bike (E-Bike) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- High Traffic Congestions in Urban Cities
The population is continuously increasing in the Middle East and Africa region, and with that, the cities are getting highly populated, the boundaries are increasing, and the infrastructure is extending to a larger extent, and the population covering the outskirts of the cities. This growing population and increasing area is leading to a rising number of vehicles on the road. People prefer driving their cars and motorcycles to take public transport for their conveyance. This has led to high congestion of traffic jams in urban cities, especially during office hours. E-bikes are being seen as the best option to avoid this traffic and reach their destination quicker and more economically, which is a boosting factor for the market growth.
- Rise in Demand for Greener and Cleaner Modes of Transportation
Motor vehicles have eased the mode of transportation, and individuals can more easily and quickly travel to their desired location. Cars and motorbikes are the most commonly used mode of transportation, which is used daily by most households for commuting purposes. However, these motor vehicles lead to the formation of harmful emissions and increase the carbon footprint. This has caused adverse effects on the environment, causing global warming and depletion of the ozone layer. People have become more concerned about the environment and are getting an urge to drive environment-friendly vehicles. This increasing need to save the environment from degrading by motor vehicles has led to the market growth.
Opportunities
- Initiatives by Companies for E-Bike Infrastructure
Some of the developing and underdeveloped regions do lack infrastructural development of E-bikes but several initiatives are being taken in other regions to build infrastructure of electric vehicles and electric bikes. Companies are investing heavily to establish their presence for future demand of electric bikes. Company such as Robert Bosch GmbH launched its own power stations network for selected tourism regions which would enable the tourists to travel to vast locations afield.
- Growth in Bike Rental Business
As the E-bike tourism industry evolves the electric bike rental business will gain more demand by the tourist. The hiring of e-bikes is also being done by people for commuting to various destinations and wants to avoid traffic congestions. Various startups and companies are coming up with the implementation of providing electric bikes on rent basis which is creating new window of opportunities for the growth of Middle East and Africa Electric Bike (E-Bike) market.
Restraints/Challenges
- High Costs of Purchase and Maintenance of E-Bikes
Electric bikes are the easiest mode of conveyance as they offer the extra power of the motor whenever the cyclist needs extra effort to pull the cycle. They are highly economical when compared with vehicles running on fuel. However, compared to the traditional bicycles, both gear and non-gear cycles, the price seems quite high. The initial cost of an E-bike is high, limiting the market's growth.
Moreover, the maintenance is also high for the E-bikes, as the battery needs to be charged after regular use, and if there is an issue with the battery, a new battery would be required. It also consists of a motor and whole electrical system, which on any issue would require extra investment for maintenance. The extra cost of buying and the cost of maintenance act as major restraints for the market.
- Technological Issues Related to E-Bikes
Electric bikes have continuously evolved since the 1990s; they now offer automatic gear shift, touchscreen interfaces, on-board navigation, and walk assist for a minimal push for pedaling. These advanced technologies make the design more complicated. The production has to face several issues in motor and motor control technology, power management components, on-board computing technology and mechanical design issues. The challenge is not limited to designing the structure of E-bike as to where to place the battery system and motor but also reaches complexities in the motor and power management components acting as limiting factors for the market.
Recent Developments
- In September 2023, Specialized Bicycle Components, Inc. introduced its new Globe line of cargo e-bikes, including the Haul ST and LT models, known for their high load capacity, advanced accessory mounting system, and impressive Class 3 electric bike features. This strategic expansion into the cargo e-bike segment positioned Specialized Bicycles to tap into the growing demand for sustainable urban transportation solutions and diversified their product portfolio
- In September 2023, Trek Bicycle Corporation successfully launched the Red Barn Refresh program, promoting sustainability and the circular economy by accepting used Trek bicycles for refurbishment and resale, reducing waste and promoting cycling. The program aligns with Trek's commitment to sustainability, reflecting its dedication to reducing carbon emissions and embracing a more environmentally responsible approach, reinforcing Trek's position as a global leader in bicycle design and manufacturing.
- In February 2023, Giant Bicycle launched the Explorer E+ commuter e-bike, featuring a larger battery and enhanced suspension. It expanded its off-road capabilities, and improved its range, catering to the evolving consumer preferences for versatile e-bikes. This innovation strengthened Giant's position as a trusted and innovative player in the electric bicycle market
- In July 2022, Robert Bosch GmbH expanded its smart system with innovations like ABS Trail, minimalist remotes, and hill hold, catering to the diverse eMountain bike community's needs for sporty adventures. The introduction of the world's smallest ABS for eMTB riders, developed with professional athletes, not only enhanced rider safety but also improved performance and control on challenging trails, ultimately broadening Bosch's market appeal and strengthening its position in the E-Bike industry
- In July 2022, Shimano Inc. successfully launched the CUES Di2 groupset, integrating premium Di2 shifting technology with their E-Bike systems. It introduced advanced automatic shifting modes and smooth shifting Linkglide durability, enhancing the E-Bike drivetrain offerings for a hassle-free and comfortable riding experience. This strategic product expansion further solidified Shimano's position in the E-Bike market, catering to the growing demand for convenient and efficient E-Bike solutions
Middle East and Africa Electric Bike (E-Bike) Market Scope
The Middle East and Africa electric bike (e-bike) market is segmented into six notable segments on the basis of battery type, hub motor location, mode, battery power, class and usage. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Battery Type
- Lithium-Ion
- Lithium-Ion Polymer
- Nickel Metal Hydride
- Lead Acid
- Sealed Lead Acid
- Others
On the basis of battery type, the market is segmented into lithium-ion, lithium-ion polymer, nickel metal hydride, lead acid, sealed lead acid, and others.
Hub Motor Location
- Mid Drive Hub Motor
- Rear Hub Motor
- Front Hub Motor
On the basis of hub motor location, the market is segmented into mid drive hub motor, rear hub motor, and front hub motor.
Mode
- Pedal Assist
- Throttle
On the basis of mode, the market is segmented into pedal assist, and throttle.
Battery Power
- Under 750 W
- Over 750 W
On the basis of battery power, the market is segmented into under 750 W and over 750 W.
Class
- Class I (Pedal Assist/Pedelec)
- Class II (Throttle)
- Class III (Speed Pedelec)
On the basis of class, the is segmented into class I (pedal assist/pedelec), class II (throttle), and Class III (speed pedelec).
Usage
- City/Urban
- Cruise
- Mountain/Trekking Bikes
- Racing
- Cargo
- Others
On the basis of usage, the market is segmented into city/urban, cruise, mountain/trekking bikes, racing, cargo, and others.
Middle East and Africa Electric Bike (E-Bike) Market Regional Analysis/Insights
The Middle East and Africa electric bike (e-bike) market is analyzed and market size insights and trends are provided by country, battery type, hub motor location, mode, battery power, class and usage as referenced above.
The countries covered in the Middle East and Africa electric bike (e-bike) market report are Israel, Saudi Arabia, U.A.E., South Africa, Egypt, and Rest of Middle East and Africa.
Israel dominates the Middle East and Africa electric bike (e-bike) market due to a strong reputation for innovation and technology. The country's E-bike manufacturers have been at the forefront of technological advancements, creating high-quality, cutting-edge electric bikes that appeal to a wide range of consumers.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and regional brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Electric Bike (E-Bike) Market Share Analysis
The Middle East and Africa electric bike (e-bike) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Middle East and Africa Electric Bike (E-Bike) market.
Some of the major players operating in the Middle East and Africa Electric Bike (E-Bike) market are Giant Bicycles, Shimano Inc., Robert Bosch Gmbh, Trek Bicycle Corporation, Merida Bicycles, Brose Fahrzeugteile SE & Co. KG, Specialized Bicycle Components, Inc., eBee, Koning, and Amego Electric, among others.
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