Market Share of United Arab Emirates E-Bike Industry
The United Arab Emirates E-Bike market is moderately consolidated as the market is being driven by presence of several global and local players including Giant Bicycles, Merida, One Moto, E-Motorad, TIER mobility, etc. The companies are diversifying their product portfolios through innovations and new launches to continue being the market leaders. For instance,
- In September 2021, EMotorad has announced its ambitious plans to develop and expand the e-bike market in the UAE and also potentially making it the regional base for its global expansion. The company launched four models - T-Rex, Doodle, Trible and Ener-G into the UAE market.
- In September 2022, An operating agreement was recently signed between Ras Al Khaimah Transport Authority (RAKTA) and Tier Mobility to operate e-scooters and e-bikes in the emirate. The companies stated that the operation of e-bikes will be across 10 key areas in Ras Al Khaimah, including tourist and vital sites in the emirate. RAKTA along with Tier, will work closely together to ensure both residents and tourists receive the highest standards of safety.
UAE Electric Bike Market Leaders
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Giant Bicycles
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Trek Bikes
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E Motorad
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EMX motors LLC
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Eveons Mobility LLC
*Disclaimer: Major Players sorted in no particular order
