According to a new market research report published by Global Insight Services “E-Bike Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
E-bikes are powered by a battery and an electric motor. The motor assists the rider by providing power to the pedals, and the battery provides power to the motor. E-bikes can be ridden without the assistance of the motor, but the motor can make riding uphill or against the wind much easier.
E-bikes are becoming increasingly popular as people look for alternative ways to get around. They are particularly popular in Europe, where they are often used for commuting. In China, e-bikes are the most popular form of transportation.
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Key Players
- Accell Group N.V.
- Pon.Bike
- Merida Industry Co., Ltd.
- Giant Manufacturing Co., Ltd.
- Yamaha Motor Corporation
- Jiangsu Xinri E-Vehicle Co., Ltd.
- Mahindra & Mahindra Ltd. (GenZe)
Key Trends and Drivers
The e-bike market is growing rapidly as more and more people are looking for alternatives to traditional bicycles. One of the biggest trends in the e-bike market is the increasing popularity of electric mountain bikes. Electric mountain bikes are perfect for people who want to enjoy the benefits of cycling without having to worry about pedaling uphill. Another trend in the e-bike market is the increasing popularity of folding electric bikes. Folding electric bikes are perfect for people who live in small apartments or who want to be able to take their bike with them on public transportation.
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Market Segments
By Class
- Class-I
- Class-II
- Class-III
By Speed
- < 25 km/h
- 25-45 km/h
By Battery Type
- Lithium-ion
- Lithium-ion Polymer
- Lead Acid
- Others
By Motor Type
- Hub
- Mid
By Components
- Batteries
- Electric Motors
- Frame
- Wheels
- Crank Gears
- Brake System
- Others
By Usage
- Mountain
- City
- Cargo
- Others
By Ownership
- Shared
- Personal
Reasons to buy E-Bike Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Excel data pack included with all report purchases
- Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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