The global demand for Electric Bikes Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX units in2019 and foreseen to touch XX units by 2026 with a CAGR of XX% during 2020-2026.
Electric bikes, also known as e-bikes or power-assisted (bi)cycles, are equipped with an electric motor, a battery, and a drivetrain. These bikes can works by pedaling or can run on rechargeable batteries. Three types of rechargeable batteries are used to run a bike: Lead Acid, Lithium-ion (Li-ion) and Nickel-metal hydride (NiMH). Lead-acid batteries are most commonly used and can cover long distances with a single charge. These bikes are simple to operate, convenient for all age groups and are an economical alternative as an environment-friendly means of transportation, in comparison to motored vehicles. Large variations of e-bikes are available in the market in terms of design and performance.
The electric bikes are gaining popularity on nearly every continent, in response to design and performance gains, and response to larger economic or environmental concerns. Owing to its low cost, easy maintainability and easy operability, especially in congested traffic, have traditionally been a very popular mode of transport worldwide. Electric bikes (e-bikes) provide cheap, convenient, and relatively energy-efficient transportation worldwide. Main technology trend in electric bikes is growth of Li-ion battery segment owing to the inherent environmental and performance advantages of this chemistry.Despite the growing popularity of electric bikes, the cost of these bikes is limiting their adoption.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Electric Bikes.
The entire Electric Bikes market has been sub-categorized into product, drive mechanism, and battery type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Drive Mechanism
- Throttle on Demand
- Scooter or Motorcycle
By Battery Type
- Hub Motor
- Mid Drive
- Lead Acid
- Lithium Ion (Li-Ion)
- Nickel Metal Hydride (NiMH)
This section covers regional segmentation which accentuates on current and future demand for Electric Bikes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Electric Bikes Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Electric Bikes market include Accell Group, Giant Manufacturing Co Ltd, Yamaha Motor, Trek Bicycle Corporation, and Fuji-Ta Bicycle Co. Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.