Electric bikes market size was valued at $16.34 billion in 2017, and is expected to reach $23.83 billion by 2025, registering a CAGR of 4.9% from 2018 to 2025.
An electric bike is a bicycle, scooter, or motorcycle with an integrated electric motor for propulsion. It is either partly assisted by peddling or completely propelled through electric power. It comes in various classes, such as pedelec/pedal assist (torque sensor, cadence drive), throttle on demand (twist grip, thumb & push button), and scooter/motorcycle. Consumers use electric bikes for commutation or recreation.
The global electric bikes industry has been witnessing bright opportunities, owing to government support and strict rules in favor of electric bikes. Moreover, growing consumer inclination towards use of e-bikes as an eco-friendly and efficient solution to commute and increasing fuel costs drive the growth of the global electric bikes market. In addition, growing interest in cycling as a fitness and recreational activity has driven a paradigm shift in fitness-conscious customers, because riding the electric bike helps to travel longer distances with the same amount of peddling. Also, cycling is a healthy and low-impact activity having many physical and mental health benefits, such as building endurance, alleviating stress, enhancing muscle strength, and burgeoning the cardiovascular fitness population across the globe.
Major Key Players of the Electric Bikes Market are:
Mahindra & Mahindra (GenZe), Bionx International Corporation, Prodecotech, and Tianjin Golden Wheel Group Co., Ltd.
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The North American electric bikes market is projected to witness the fastest growth during the forecast period, owing to growing adoption of electric bikes for daily commute, recreation, and fitness activities.
However, several aspects, such as high cost of e-bikes and ban on use of e-bikes in major cities in China, are projected to hamper the growth of the electric bikes market during the forecast period. Although, increase in investments in R&D activities to improve battery performance and improve bicycling infrastructure is expected to pose lucrative opportunities in the upcoming years.
Major Types of Electric Bikes covered are:
Throttle on demand
Scooter & motorcycle
– To study and analyze the global Electric Bikes consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Electric Bikes market by identifying its various sub-segments.
– Focuses on the key global Electric Bikes manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Electric Bikes with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Electric Bikes Market Size
2.2 Electric Bikes Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Electric Bikes Market Size by Manufacturers
3.2 Electric Bikes Key Players Head office and Area Served
3.3 Key Players Electric Bikes Product/Solution/Service
3.4 Date of Enter into Electric Bikes Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Electric Bikes Sales by Product
4.2 Global Electric Bikes Revenue by Product
4.3 Electric Bikes Price by Product
5 Breakdown Data by End User
5.2 Global Electric Bikes Breakdown Data by End User
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In the end, Electric Bikes industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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