E-cargo bikes are a versatile way of transporting items (and kids) with zero emissions and no associated costs like road tax or parking. To keep it simple, they are large electric powered cycles with a large storage area usually placed at the front of the bike or trike, making them easy to manoeuvre.
This report contains market size and forecasts of E-cargo Bike in global, including the following market information:
Global E-cargo Bike Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global E-cargo Bike Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five E-cargo Bike companies in 2021 (%)
The global E-cargo Bike market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Two Wheeler Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of E-cargo Bike include Accell Group, Yadea Technology Group Co. Ltd, CERO, Yuba Bicycles, Rad Power Bikes, Riese & Muller GmbH, Hero Electro, Worksman Cycle Company Inc. and RYTLE GmbH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the E-cargo Bike manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global E-cargo Bike Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global E-cargo Bike Market Segment Percentages, by Type, 2021 (%)
Two Wheeler
Tricycle
Global E-cargo Bike Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global E-cargo Bike Market Segment Percentages, by Application, 2021 (%)
Takeaway
Postal Service
Shared Bike
Others
Global E-cargo Bike Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global E-cargo Bike Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies E-cargo Bike revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies E-cargo Bike revenues share in global market, 2021 (%)
Key companies E-cargo Bike sales in global market, 2017-2022 (Estimated), (K Units)
Key companies E-cargo Bike sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Accell Group
Yadea Technology Group Co. Ltd
CERO
Yuba Bicycles
Rad Power Bikes
Riese & Muller GmbH
Hero Electro
Worksman Cycle Company Inc.
RYTLE GmbH
Bunch Bikes
YUBA BICYCLES
The Cargo Bike Company