Global Electric Bicycle Market Research Forecast till 2023

Global Electric Bicycle Market Research Forecast till 2023

The Electric Bicycle Market report recently incorporated in the massive research report database of Pioneer Reports which provides detailed analytical view of the global market. This Electric Bicycle Market report also focuses on the latest trends in global and regional market areas which include production, capacity, competitor analysis, profit etc.

The electric bikes Market, also known as the e-bikes includes integrated electric motors which could be used for propulsion purpose. This type of bikes make use of the rechargeable batteries which could travel 25- 32 kilometre per hour. However, this depends on the rules and regulation set by the government of the region. The global electric bicycle market is growing owing to factors like the advent of the eco-friendly vehicles, government mandates on pollution, rising cost of fuel and others. Also, people enjoy riding e-bikes because they are more health-conscious. Modern tourism is also another factor that is leading to the growing demand for the e-bikes.

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“ The global electric Bicycle Market is projected to reach a market size of USD 21,347 million by the year 2023, with a CAGR of 5.91% during the estimated period (2017-2023)

Market segmentation

The global electric bicycle market is categorized on the basis of its type, battery type, motor type and regional demand. On the basis of its type, the, market is classified into power on demand, pedelecs or pedal assist, pedal assist with power on demand. On the basis of its battery type, the market is segmented as Li-ion battery and sealed lead acid. Based on its motor type, the market is classified as mid drive electric and hub motor.

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Regional analysis

Geographically, the global electric bicycle market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Easy Motion USA (California), Moustache Bikes (France), NYCeWheels (U.S.), Accell Group (Netherlands), Derby Cycle (Germany), and Jiangsu Xinri E-Vehicle Co., Ltd. (China,. Pedego Electric Bikes (California), myStromer AG (Switzerland), Karbon Kinetics Limited (KKL) (U.K.), and A2B Electric Bikes (U.K) are some of the key players in the global electric bicycle market.+

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No of Pages: 105

Single user licensed price: 4450

Time Frame: 2017-2023

The report gives summary of the impact of the key drivers, restraints, and popular trends in the Electric Bicycle Market. These factors are studied on regional and the global front, for varying levels of depth of market research. Overall overview of the factors affecting various decisions in the global Electric Bicycle Market is presented and examined by policies in the market, regulatory scenario of the market, with the help of details of key rules, regulations, plans, and policies in the market. The Electric Bicycle Market report presents detailed analytical account of the market’s competitive landscape, with the help of detailed business profiles, project feasibility analysis, SWOT analysis, and several other details about the key companies operating in the Electric Bicycle Market. The report also presents an outline of the impact of recent developments on market’s future growth forecast.

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