Showing posts with label Global E-Bike Market Research Report. Show all posts
Showing posts with label Global E-Bike Market Research Report. Show all posts

Thursday, August 24, 2023

Future Outlook of Global E-Bike Industry: Ken Research

What Is The Size Of Global E-Bike Industry?

Global E-Bike Market is growing at a CAGR of ~% in 2017-2022 and is expected to reach USD ~ Bn by 2027.

The Global E-Bike Market is largely Factors such as implementation of government regulations to encourage the use of electric bikes, consumer inclination toward use of e-bikes as an eco-friendly & efficient solution for commute, increase in fuel costs, and rise in interest in cycling as a fitness & recreational activity are expected to drive the market growth. However, high cost of e-bikes and ban on use of e-bikes in major cities of China hinder the market growth. Furthermore, improvement in bicycling infrastructure & battery technology is expected to offer lucrative opportunities for the electric bike market growth.

Emerging Companies Global E-Bike Industry

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Governments of various countries are taking initiatives to reduce the carbon footprints by encouraging the use of electric bikes, electric vehicles, and bicycles, owing to increase in awareness toward the hazardous effects of using vehicles running on fossil fuels. Moreover, governments are constructing bicycle-friendly streets, which are encouraging individuals to opt for bicycle as a key mode of commute.

Global E-Bike Market Segmentation By Product Type

The Global E-Bike Market is segmented by Product type into Pedelecs, Speed Pedelecs, throttle on demand, Scooter/Motorcycle.

Global E-Bike Market Segmentation By Battery Type

The Global E-Bike Market is segmented by region into Lead-Acid, Lithium-ion, Others.

Globale-Bike Market Segmentation By Region

The Global E-Bike Market is segmented by basis of Region into Asia Pacific, Australia, Europe, North America. The market captured by Asia Pacific is larger as compared to others.

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Competition Scenario In Global E-Bike Market

The Global E-Bike market is a highly competitive and diverse industry with many major players operating in the region. Here are some of the leading catering companies in the global E-Bike Market. Top players such as the market is largely driven by rising demand for organic hair care products and active advertisement campaigns.

What Is The Expected Future Outlook For The E-Bike Market Across The Globe?

The Global E-Bike Market was valued at USD ~billion in 2022 and is anticipated to reach USD ~billion by the end of 2027, witnessing a CAGR of ~% during the forecast period 2022-2027. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

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The Global E-Bike Market is driven by Electric bikes offer huge growth potential as they endure to gain traction in Europe as a more ecological means of transport. Sales in the U.S. is predicted to lift as associated regulations will take shape. Along with healthy European and U.S. markets and expected rebound in sales in China is projected to offer a more stable environment for the e-bike market place during years to come.

With increasing necessity of environment-friendly transportation, popularity of bicycles is booming across various parts of the world. This is mainly because of numerous benefits offered by the cycling such as reduced CO2 emission, reduced air pollution, reduced noise pollution from other transportation modes, saves fuel cost, improves public health, less congestion on roads, and also saves construction and maintenance cost of road infrastructure.

For More Insights On Market Intelligence, Refer to the Link Below: –

Global E-Bike Market Outlook to 2027

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Saturday, July 16, 2022

Lightweight Motors Is Enhancing the Growth of E-Bike Market: Ken Research

The Global Bike Market is experienced remarkable growth over the past decades. The report evaluates the various market shares, revenues, and restraints in the worldwide market. It gives an in-depth look at the marketing strategies of the top leading companies in the world. The report gives data and brand assessments of the trending consumer demands. It provides a detailed volumetric and regional analysis of different regions such as North America, South America, India, China, Australia, France, Italy, and South Korea. The report even talks about the major challenges faced by the industry during the covid 19 pandemic. It aims to give a comprehensive, finer study of the future and current growth opportunities.

According to the research report, E-Bike Market: Current Analysis and Forecast (2021-2027), an e-bike refers to bicycles with motor and rechargeable batteries that assist the rider and alleviate some of the pressure of pedaling efforts. An average electric bike can be as fast as 20mph. However, electric bikes can only go as fast as 28mph and do not go more than this figure. It is also helpful to users with limited mobility and offers a cheaper alternative to car travel. Quickly rechargeable batteries, lightweight motors, and technological advancements in bicycle components have led to the increased adoption of electric mopeds as an efficient, eco-friendly, and convenient way to travel. E-bikes have been adopted rapidly by municipal bike-sharing systems worldwide. The need for more accessible and safe public transportation and social distancing demands has led to increased use of e-bikes by residents and travelers.

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In 2021, the Global E-Bike Industry was valued at USD million and is projected to reach a significant USD million by the end of 2027. It is expected to grow by a single-digit CAGR in the worldwide markets during the forecast period. Yamaha Motor Corporation, Mahindra & Mahindra Ltd., Accell Group, Giant Manufacturing Co., Ltd., Derby Cycle, Jiangsu Xinri E-Vehicle Co., Ltd., Karbon Kinetics Ltd, Trek Bicycle Corporation, Merida Industry Co., Riese & Muller are some of the prominent companies that are constantly contributing to increasing the market share of the sector. 

China accounted for the highest market share and is dominating the market and is expected to continue its dominance during the forecast period. Additionally, countries such as Europe (Germany, UK, France, Russia, and Spain); Asia-Pacific (China, Japan, South Korea, and India); the Middle East and Africa (UAE, South Africa, and Saudi Arabia); South America (Columbia, Brazil, and Argentina) and Australia are increasing the healthcare spending from the region will further support the consumption of the Global EBike Market.

The COVID-19 crisis has created a slightly negative impact on the Global Global E-Bike Industry globally. Likewise, other industries, such as the Global E Bike Market have also gained losses during the pandemic. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations, travel bans and quarantines, restaurants closed all indoor or outdoor events restricted. This leads to making uncertainty in the market with the immense reduction of customers, and supply chains and hence causing unemployment.

Nowadays, the market was principally driven by factors like the increasing influence of rechargeable batteries and the rising interest in traveling is increasing among the youngster. However, various key player’s square measure actively taking part to extend their market share. Besides providing regional info on the Global E-Bike Market, the report recalibrates the impact of economic science and political economy factors that has the potential to impact the very important position of the Global E-Bike Market.

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Global E-Bike Market

Related Reports:-

Global E-Bikes Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

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