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Electric Bike Market Dynamics - Exploring Growth,
Opportunities and Technological Advances Up to 2030
industry, which comprises insights on the Global analysis. The report also
includes competitor and regional analysis, and contemporary advancements in the
market, The Electric Bike Market is projected to reach USD 79.7 billion by 2026
from USD 47.0 billion in 2021, at a CAGR of 11.1%.
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Report: https://www.delvens.com/get-free-sample/electric-bike-market
Electric bike is a bicycle with an integrated electric motor
drive mechanism and battery, which produces power for causing or assisting
propulsion. Various kinds of globally available e-bikes range from electric
bikes with a small motor to assist the pedal-power of the rider to more powerful
e-bikes that produce power to completely drive the bike using throttle.
Implementation of government regulations to encourage the
use of electric bikes, consumer inclination toward uses of e-bikes as an
eco-friendly & efficient solution for commute, increase in fuel costs, and
rise in interest in cycling as a fitness & recreational activity are some
of the factors that have supported long-term expansion for Electric Bike
Market.
Recent Developments
·
Giant Manufacturing launched the new Trance X
Advanced Pro 29, a full-composite trail bike with updated Maestro rear suspension
and a new flip-chip feature that allows riders to adjust frame geometry.
·
Pedego Electric Bikes opened a Pedego Electric
Bikes store in Boca Raton, Florida, which offers a full range of e-bike sales,
rentals, services, and accessories.
Regional Analysis
Asia Pacific is anticipated to lead the e-bike market during
the forecast period due to the high sales of e-bikes in the region. In terms of
volume, Asia Pacific contributed about ~88% to the global electric bike market
in 2020 by volume.
Key Players of Electric Bike Market
·
Accell Group
·
Derby Cycle
·
Fuji-ta Bicycle Co., Ltd.
·
Giant Manufacturing Co., Ltd.
·
Jiangsu Xinri E-Vehicle Co., Ltd.
·
Mahindra & Mahindra Ltd. (GenZe)
·
Prodecotech, LLC
·
Tianjin Golden Wheel Group Co., Ltd.
·
Trek Bicycle Corporation
·
Yamaha Motor Co., Ltd. and More
Electric Bike Market
is segmented into class, speed, battery type, motor type, mode, components,
usage, ownership and region.
On the basis of Class
·
Class-I
·
Class-II
·
Class-III
On the basis of Speed
·
up to 25 km/h
·
25-45 km/h
On the basis of
Battery Type
·
lithium-ion
·
lithium-ion polymer
·
lead acid
On the basis of Motor
Type
·
hub
·
mid
On the basis of Mode
·
pedal assist
·
throttle
On the basis of
Components
·
Batteries
·
electric motors
·
frame with fork
·
brake systems
On the basis of
Region
·
Asia Pacific
·
North America
·
Europe
·
South America
·
Middle East & Africa
Access Full Report: https://www.delvens.com/report/electric-bike-market
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market data for Electric Bike Market, Delvens offers client-centric report and
customized according to the company’s specific demand and requirement.
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