Contact Us
Phase-Xs | Biologics & Biosimilars | Coherent Market Insights

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

An electric bike charging station, also called charging point or electric recharging point supplies electric energy to charge electric bike and electric scooters/ motorcycles. Moreover, the charging station sites can be residential, non-residential, or commercial.

Increasing population is leading to depletion of the ozone layer, which has compelled various countries to take measures to minimize the greenhouse effect by adopting alternative sources of energy: one such step is the introduction of electric bikes and electric vehicles. Furthermore, government-owned companies are entering into partnerships to develop and install electric bike charging station. For instance, in March 2020, National Thermal Power Corporation Limited, an Indian government-owned electric utility company and Rajasthan Electronics & Instruments Ltd. (REIL), an India-based miniratna company, signed an agreement with Government of Andhra Pradesh, India to established 110 electric vehicle charging stations at an approximate cost of US$ 4.29 million.

Furthermore, increasing deployment of e-bike charging stations at tourist and public areas is expected to boost the market growth. For instance, in October 2019, Robert Bosch GmbH, installed electric bike charging stations at touring hotspots across Europe.

However, lack of charging infrastructure is one the major challenge for the global e-bike charging station market growth. According to CMI analysis, India requires a widespread charging infrastructure to meet the growing adoption of e-bike (electric bike). In addition to more charging stations, the lack of space is also a challenge for the global e-bike charging station market. Therefore, these factors are expected to challenge the growth of the global e-bike charging station market.

The global E-bike charging station market accounted for US$ 2,715.23 Mn in terms of value in 2021 and is expected to grow at a CAGR of 3.7% for the period 2021-2028.

Global E-bike Charging Station Market - Impact of Coronavirus (Covid-19) Pandemic

The outbreak of COVID-19 is expected to negatively influence the global e-bike charging station market growth. Initially, in the pandemic few companies witnessed decreased sales of conventional bicycles and e-bikes as the global supply chain was disrupted by lockdown orders and bike stores were forced to close. However, after lockdown, sales are booming globally, with several buyers opting for electric bikes for the first time. For instance, the U.S.-based bike retailer, Lectric eBikes, reported a 140% increase in sales between March 2020 and May 2020. Additionally, Aventon Bikes, based in Ontario, California, claims to be flooded with orders, with sales up in Massachusetts (+298%), California (+85%), and New York (+164 %). Thus, the demand for e-bike charging station is estimated to increase during the forecast period (2021-2028).

Statistics:

Asia Pacific held dominant position in the global e-bike charging station market in 2019, accounting for 41.7% share in terms of value, followed by Europe and North America.

request-sample

E-bike Charging Station Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2020: US$ 2,692.67 Mn
Historical Data for: 2017 to 2019 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 3.7% 2028 Value Projection: US$ 3,498.13 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Vehicle Type: Electric Scooters/ Motorcycles, E-bike
Companies covered:

Amezeus (HFS Group), Ather Energy, Bikeep, CYCLE WORKS, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL, Spelsberg, SWIFTMILE, and Zoov

Growth Drivers:
  • Increased awareness to reduced emissions
  • Increase in government support to develop new charging stations
Restraints & Challenges:
  • Lack of charging infrastructure

Figure 1: Global E-bike Charging Station Market Share (%), By Region, 2019

E-bike Charging Station  | Coherent Market Insights

Among regions, Asia Pacific held dominant position in the global e-bike charging station market in 2019, and is estimated to retain its dominance throughout the forecast period, owing to the high demand for energy-efficient and emission-free electric two-wheelers making charging infrastructure as a necessity for increasing two wheeler vehicle sales in the region. For instance, in April 2021, Ola Electric, a subsidiary of Ola Mobility set up 100 thousand charging stations across 400 cities. The company is also setting up a hyper charging network that will allow individuals to charge their Ola scooters across any location which will be five to10 minutes away. These hyper charging towers in high streets, high-density areas, and stations are in partnership with several fuel companies.

Major players operating in the global e-bike charging station market include Amezeus (HFS Group), Ather Energy, Bikeep, CYCLE WORKS, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL, Spelsberg, SWIFTMILE, and Zoov.

Among vehicle type segment, e-bike segment held the highest market share in the year 2020 and is expected to retain its market share over the forecast period. The increase in sales of e-bike can boost the global e-bike charging station market. For instance, according to Coherent Market Insights analysis, in Europe 2,088,000 e-bike units sold in 2017 and 3,332,000 e-bike units sold in 2019 with a growth of 59.6%.

Figure 2: Global E-bike Charging Station Market Value (US$ Mn), 2017 - 2028

E-bike Charging Station  | Coherent Market Insights

The global e-bike charging station market was valued at US$ 2,600.12 million in 2019 and is expected to reach 3,498.13 million by 2028, exhibiting a CAGR of 3.7% between 2021 and 2028.

Competitive Section

Major companies operating in the global e-bike charging station market include Amezeus (HFS Group), Ather Energy, Bikeep, CYCLE WORKS, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL, Spelsberg, SWIFTMILE, and Zoov.

Key Developments

  1. Major market players are focused on product launches, in order to expand their product portfolio. For instance, in October 2020, Swiftmile, the pioneer in micromobility charging, introduced its solar powered e-bike charging station. The company plans to equip charging stations in various developing cities in the U.S. and Europe. The plan was launched to provide an eco-friendly and socially distant option for short trips around the base, thereby reducing traffic in the area.
  2. Key companies are involved in partnerships, in order to gain a competitive edge in the market. For instance, in September 2020, EV Motors India Pvt. Ltd entered into partnership with India's largest electric scooter company, Hero Electric. As part of this partnership, EV Motors will offer advanced battery solutions and charging infrastructure integrated with Hero Electric vehicles.

Electric bike charging station operates through charging point or electric recharging point. The electric charging station is supported by apps which allows all electric vehicle (EV) owners to locate and check availability of the nearest charging stations in real-time. Moreover, the charging stations can be deployed in residential markets, commercial/workplace properties, and others.

Market Dynamics     

Increasing focus of Indian government on trials of rental e-bikes, is expected to boost the market of e-bike charging station in the country. The increased number of e-bikes will create demand for e-bike charging station over the forecast period. For instance, in September 2020, Yulu Bikes Pvt. Ltd, an India-based company signed agreement with Mumbai Metropolitan Region Development Authority (MMRDA), under which they have launched a cheap and cheery electric bike facility in Bandra-Kurla Complex (BKC), Mumbai, India. The Yulu Bikes Pvt. Ltd has placed 18 bike stations in BKC as part of its pilot implementation of service. The number of bike stations will gradually increase as part of its demand-based phase-wise expansion across the city in the next one year.

Furthermore, in 2020, the Pune Municipal Corporation’s (PMC) approved the launch of a rental scheme for electric two-wheelers in Pune, India. The project will be undertaken under the ‘Green Pune’ initiative and V-Tro Motors will run the project. Moreover, under this project 500 charging stations will be established in various parts of the Pune city.

Furthermore, increasing development of electric vehicle charging stations across India is expected to boost the global e-bike charging station market. For instance, in October 2020, Mumbai-based eMatrixmile India signed an agreement with Magenta EV Solutions to develop 10,000 EV charging stations across India.

Market Taxonomy

This report segments the global e-bike charging station market on the basis of vehicle type and region. On the basis of vehicle type, global electric bike charging station market is segmented into electric scooters/ motorcycles and e-bikes. On the basis of region, global electric bike charging station market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global e-bike charging station market, provides market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global e-bike charging station market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Major companies operating in the global e-bike charging station market include: Amezeus (HFS Group), Ather Energy, Bikeep, CYCLE WORKS, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL, Spelsberg, SWIFTMILE, and Zoov.
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global e-bike charging station market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global e-bike charging station market

Detailed Segmentation:

  • Global E-bike Charging Station Market, By Vehicle Type:
    • Electric Scooters/ Motorcycles
    • E-bike
  • Global E-bike Charging Station Market, By Region:
    • North America
    • Europe
    • Latin America
    • Asia Pacific
    • Middle East & Africa
  • Company Profiles
    • Amezeus (HFS Group)**
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Key highlights
    • Ather Energy
    • Bikeep
    • CYCLE WORKS
    • EV Motors India Pvt. Ltd
    • Robert Bosch GmbH
    • RTL
    • Spelsberg
    • SWIFTMILE
    • Zoov

**All the pointers will also be provided for the rest of the companies.

Browse all the market data tables and figures on ‘Global E-bike Charging Station Market - Forecast to 2028’

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Solutions Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global E-bike Charging Station Market - Impact of Coronavirus (Covid-19) Pandemic
    • Short Term
    • Long term
  5. Global E-bike Charging Station Market, By Vehicle Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Electric Scooters/ Motorcycles
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • E-bike
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  6. Global E-bike Charging Station Market, By Region, 2017-2028  (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Vehicle Type, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Vehicle Type, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Vehicle Type, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Vehicle Type, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Vehicle Type, 2021–2028(US$ Million)
      • Market Share Analysis, By Country/Region, 2017 and 2028 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  7. Competitive Landscape
    • Company Profiles
      • Amezeus (HFS Group)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ather Energy
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Bikeep
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • CYCLE WORKS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EV Motors India Pvt. Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Robert Bosch GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • RTL
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Spelsberg
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SWIFTMILE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Zoov
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on ‘Global E-bike Charging Station Market -forecast to 2028’

FAQgrowicon

Frequently Asked Questions

The global e-bike charging station market is expected to reach US$ 2829.26 million by 2022.
The market is expected to exhibit a CAGR of 3.7% during the forecast period (2021-2028).
Increased awareness to reduced emissions is expected to drive growth of the market during the forecast period.
Among vehicle type, e-bike segment held the highest market share in the year 2020 and is expected to retain its market share over the forecast period. The increase in sales of e-bike can boost the market.
Asia Pacific region held the largest share in the market in 2019, accounting for 41.7% share in terms of value.
Key players operating in the market include Amezeus (HFS Group), Ather Energy, Bikeep, CYCLE WORKS, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL, Spelsberg, SWIFTMILE, and Zoov.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner

Subscribe Newsletter

Kindly Subscribe for our latest news & articles.