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Electric bicycles or E-bikes that are fitted with motor drive systems are an ideal option to drive in hilly areas, overpasses, and rough roads, as it is easy to manage speed more effectively. Motor in an electric bicycle acts as the pumping heart of the bicycle.
Various government initiatives such as FAME-India scheme in India, electric bike grant scheme in states of Jersey, and grants offered for EVs purchase by Office for Low Emissions in UK are the government initiatives which were focused on promotion of e-bike.
According to AMA, the Global Electric Bicycle market is expected to reach USD20.3 Billion by 2023 growing at a CAGR of 4.7%.
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Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electric Bicycle market and other related sub-markets covered in the study.
Urban and suburban residents seek faster, greener modes of transportation
Integration of e-bikes with smartphones
Rising consumer inclination towards environment-friendly electric bikes
Increasing fuel costs
Growing interest in cycling as a fitness and recreational activity
Rise in global warming
Lack of proper charging infrastructure
High maintenance cost
The key Vendors profiled in the report are Benelli (Italy), Aima (United States), Gocycle (United Kingdom), Haibike (Germany), Moustache Bikes (France), Rotwild (DE) (Germany), Beistegui Hermanos (Spain), Fully Charged (United Kingdom), Sparta (Netherlands), VéloSoleX (Canada) and Stromer (Switzerland). Additionally, other players that are part of this comprehensive study are BH BIKES (Spain), Italjet (Italy), Kettler (Germany) and Pedego Electric Bikes (United States).
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The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Electric Bicycle market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market
There are 15 Chapters to display the Global Electric Bicycle market.
Chapter 1, to describe Definition, Specifications and Classification of Global Electric Bicycle, Applications of Electric Bicycle, Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of , Capacity and Commercial Production Date, Manufacturing Plants Distribution, Export & Import, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes North America, Europe, Asia-Pacific etc, Electric Bicycle Segment Market Analysis (by Type);
Chapter 7 and 8, to analyze the Electric Bicycle Segment Market Analysis (by Application [Korte ritten, Lange woon-werk afstand, Recreatieve tochten & Others]) Major Manufacturers Analysis;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type [Dames, Heren & Others], Market Trend by Application [Korte ritten, Lange woon-werk afstand, Recreatieve tochten & Others];
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Global Electric Bicycle by region, type and application ;
Chapter 12, to describe Electric Bicycle Research Findings and Conclusion, Appendix, methodology and data source;
Chapter 13, 14 and 15, to describe Electric Bicycle sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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