The global electric bike market size reached USD 27.25 Billion in 2021 and is expected to register a revenue CAGR of 12.2% during the forecast period, according to latest analysis by Emergen Research. Technological development in electronic bikes is an important factor driving market revenue growth. Increasing E-bike parking places with fast chargers built into the sidewalk is driving the market revenue growth. Long-term bike parking spaces will be used for electric bicycles, both assisted and fully electric owing to charging terminals that have been incorporated into the sidewalk, these e-bike can be recharged electrically once it has been stopped.
The latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Electric Bike business sector. According to our expert team, the coronavirus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Electric Bike industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdown restrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
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Competitive Outlook: The leading companies operating in the Electric Bike market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Electric Bike Market and Profiled in the Report are:
Accell Group, Giant Bicycles, MERIDA BIKES, Riese & Müller GmbH, Georg Fritzmeier GmbH & Co. KG, Yamaha Motor Corporation, Trek Bicycle Corporation, Cycling Sports Group, Inc, Ampler Bikes, Cowboy
Objectives of the Report:
Study of the global Electric Bike market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Electric Bike market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Electric Bike market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Electric Bike market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Propulsion Outlook (Revenue, USD Billion; 2019–2030)
- Pedal Assisted
- Throttle-assisted
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Mountain
- Trekking
- City/Urban
- Cargo
- Others
-
Battery Type Outlook (Revenue, USD Billion; 2019–2030)
- Lithium-ion
- Lithium-ion Polymer
- Lead Acid
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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