Report Ocean recently released a research report on the Electric Bikes/e-Bikes Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global electric bikes market size is expected to reach USD 26 billion by 2026, growing at a CAGR of 7.1% during the forecast period, according to a report published by Report Ocean.
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The report ‘Electric Bikes/E-Bikes Market [By Product Type (Pedal Assisted, Throttle Assisted); By Drive Mechanism (Hub Motor, Mid Drive, All Wheel Drive (AWD); By Battery Type (Lead Acid, Lithium-ion (Li-ion), Others); By Region]: Market Size & Forecast, 2018 – 2026’ provides holistic analysis of current and future market trends.
Enhancing bicycles with electric units significantly boosts its usability with multiple benefits. Benefits of electric bikes include additional power enabling long distance travel at better speeds, ability to carry some limited amount of material/cargo, and lower operational costs as compared to other transport modes. Also, e-bikes have the capability to make the cycling task easier due to presence of motorized assistance in usually tough situations such as uphill riding. Furthermore, e-bikes can be used for health benefits to enhance blood sugar level, and cardiovascular fitness and is also beneficial for specialized cardiac rehabilitation programs.
Growth in E-Bikes market is majorly driven by factors such as increased consumer awareness towards reducing air and sound pollution. Other factors enhancing the growth include government support and strict regulations to curb pollutions across various geographies. Moreover, increasing fuel prices and technological focus on designing and introducing new electric vehicles are other parameters positively impacting the adoption of electric bikes. The number of consumers opting for eco-friendly transportation alternatives is increasing steadily in many regions specifically North America and Europe where concepts such as E-Bikes rentals are already implemented and expected to further rise. This market research report provides an in-depth analysis of geographic distribution of the electric bikes market across North America (U.S., Canada), Europe (UK, France, Italy, Germany, Belgium, Netherlands), and Asia Pacific (China, Japan, South Korea) regions. Asia Pacific regional market is expected to be the major and the fastest growing e-bikes market among all regions.
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Sealed lead acid batteries are lower in costs and these batteries have a high consumer base in China as compared to other battery types. Owing to this factor, the lead acid battery based electric bikes segment is observed to hold higher market share than other battery types. However, Lithium ion (Li-ion) battery-based E-Bikes are expected to witness high growth in adoption during the forecast and this growth is mainly attributed to better performance features and lower carbon emissions.
The global electric bikes market is moderately competitive and some of the industry players covered in this report include Easy Motion Ebikes (BH Bicycle Corporation), KTM Fahrrad GmbH, Riese & Müller GmbH, Accell Group N.V., SONDORS Inc., F.I.V. E. Bianchi S.p.A., SCOTT Sports SA, Klever Mobility Europe GmbH, Trek Bicycle Corporation, and Giant Manufacturing Co Ltd.
Report Ocean has segmented the global Electric Bikes market on the basis of product, drive mechanism, battery type, and region:
Electric Bikes by Product Type Outlook (Market Revenue in USD Billion, 2015 – 2026)
Pedal Assisted
Throttle Assisted
Electric Bikes By Drive Mechanism Outlook (Market Revenue in USD Billion, 2015 – 2026)
Hub Motor
Mid Drive
All Wheel Drive (AWD)
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Electric Bikes by Battery Type Outlook (Market Revenue in USD Billion, 2015 – 2026)
Lead Acid
Lithium-ion (Li-ion)
Others
Electric Bikes Region Outlook (Market Revenue in USD Billion, 2015 – 2026)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Belgium
Netherlands
Asia-Pacific
China
South Korea
Japan
Rest of World
Table of Content
Chapter 1: Global Electric Bikes/e-Bikes Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Electric Bikes/e-Bikes market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Electric Bikes/e-Bikes Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Electric Bikes/e-Bikes market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Electric Bikes/e-Bikes market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Electric Bikes/e-Bikes market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Electric Bikes/e-Bikes market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Electric Bikes/e-Bikes business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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