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Electric Bike Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis
The electric bike will grow at a CAGR of 10.48% during 2021-2025. Prices will increase by (10)%-(15)% during the forecast period and suppliers will have a Low bargaining power in this market. Yamaha Corp., BMW Group, PIERER Mobility AG, Hero MotoCorp Ltd., Rad Power Bikes Inc., Tianjin Fuji-ta Group, Kawasaki Heavy Industries Ltd., Trek Bicycle Corp., Giant Manufacturing Co Ltd., and Riese & Müller GmbH are among the prominent suppliers in electric bike market.
Who are the Top Suppliers in the Electric Bike Market?
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Leading global suppliers can assist buyers in realizing high-cost savings through their efforts in areas such as cost of quality impact, supplier synergies, reducing total ownership cost, manage ad hoc spend, negotiate on pricing and contractual terms, managing labor price volatility, level of automation, quality management, and horizontal integration. Collaborations with global suppliers will also help buyers in cost-saving and ensuring high-quality procurement in the dynamic market.
This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their electric bike requirements. Some of the leading electric bike suppliers profiled extensively in this report include:
- Yamaha Corp.
- BMW Group
- PIERER Mobility AG
- Hero MotoCorp Ltd.
- Rad Power Bikes Inc.
- Tianjin Fuji-ta Group
- Kawasaki Heavy Industries Ltd.
- Trek Bicycle Corp.
- Giant Manufacturing Co Ltd.
- Riese & Müller GmbH
Supplier Selection and Evaluation
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in electric bike.
This report evaluates suppliers based on credibility of the supplier, vertical integration by the supplier, ability to offer high power-weight ratio, and warranty terms. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, quality control, pricing models, sla nuances, acceptance criteria, security compliance, penalty clauses, regulatory mandates, evaluation criteria, legal requirements, and change management procedures.
What are the Major Pricing Trends in Electric Bike Procurement?
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the Low bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for electric bike with the wider industry and identify the cost-saving potential.
per-unit pricing model, subscription-based pricing model, and volume-based pricing are the most widely adopted pricing models in the electric bike. Each pricing model offers optimum benefits and fitment in specific situations. Buyers should identify the model that suits their operations in the best manner and link supplier performance to the pricing models.
Price Strategies and Benchmark
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To optimize the value of the purchase it is crucial to keep a track of current and future price trends. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of (10)%-(15)%.
- Identify favorable opportunities in electric bike TCO (total cost of ownership)
- Expected changes in price forecast and factors driving the current and future price changes
- Identify pricing models that offer the most rewarding opportunities
Will there be an Increase in the Spend Growth for Electric Bike Procurement?
The report provides a complete drill-down on global electric bike spend outlook at a global as well as regional level. Current spend scenario, growth outlook, incremental spend, and other key information is available individually for North America, South America, Europe, Middle East and Africa, and APAC.
Spend Growth and Demand Segmentation
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The electric bike market will register an incremental spend of about 8.4 $ billion during the forecast period. Only a few regions will drive the majority of this growth. On the supply side, North America, South America, Europe, Middle East and Africa, and APAC will have the maximum influence owing to the supplier base.
The drivers and inhibitors that influence these global and regional outlooks are also elaborated in detail. Our in-depth growth decomposition analysis covers details on:
- Factors driving the growth (or lack of it) in individual geographies
- Regions that hold the most rewarding opportunities for buyers and suppliers
- Is the spend growth cyclical and when will the growth curve peak?
What are the Major Category Management Objectives for Electric Bike Sourcing?
A targeted strategic approach to electric bike sourcing will provide several opportunities to buyers. However, in the absence of actionable intelligence on electric bike, buyers have resulted in a transaction-based approach towards the category. The buyers have moderate bargaining power in this market and a holistic category management approach will help buyers maximize the value on their electric bike procurement.
The report explains key category management objectives that should form the base for sourcing strategy, including:
- Top-line growth
- Scalability of inputs
- Green initiatives
- Category innovations
- Supply base rationalization
- Demand forecasting and governance
- Minimalization of ad hoc purchases
- Adherence to regulatory nuances
- Cost savings
- Customer retention
- Reduction of TCO
- Supply assurance
In addition to helping buyers in identifying the strategic goals and initiatives for category management, the report will also help create the necessary support structure to facilitate implementation. This report provides in-depth inputs on streamlining category management practices and provides detailed answers on:
- The strategic sourcing objectives, activities, and enablers for electric bike category
- Electric bike procurement best practices to promote in my supply chain
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope
Appendix
Research Framework
SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Procurement heads
- Category managers
- Sourcing consortium professionals
- Industry experts and thought leaders
- Procurement managers
- Category heads of suppliers
- Client account heads/managers
- Client and industry consultants
Secondary sources
- Industry journals and reports
- Periodicals and new articles
- Category webinars
- Internal categiry playbooks
- Industry and government websites on regulations and compliance
- Internal databases
- Industry blogs/thought leader briefings
DATA ANALYSIS
