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E-bike Market - 2019 Industry Analysis By Global Size, Growth, Share, Trends, Sales, Revenue, Statistics, Competitive Landscape With Regional Forecast To 2023

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Aug 28, 2019 (Heraldkeepers) -- According to latest E-bike Market Analysis 2019 to 2023 report, the global E-bike market is expected to grow at 5.02% CAGR by 2023. Report include insightful analysis done by E-bike Industry expertise which comprises valuable historical and forecast information on E-bike Market segments by Type (Pedal Assist/ Pedelecs, Power on Demand, Pedal Assist with Power on Demand), Battery Type (Sealed Lead Acid, Li-Ion Battery), Motor Type (Hub Motor, Mid Drive Electric), Region (North America, Europe, APAC, RoW).

E-bike Industry Key Companies Analyzed in Report: Giant Bicycles, Cannondale, Merida, Accell Group, Tianjin Fuji-ta Group Co., Ltd, Moustache Bikes, Trek Bicycle Corporation, Avon Cycles, F.I.V.E. Bianchi SpA, Derby Cycle, Tube Investments of India Limited, Hero Cycles Limited, Specialized Bicycle Components and NYCeWheels Inc., and Easy Motion USA.

Get Free Sample Copy of "E-bike Market Research Report - Global Forecast 2023" at: https://www.marketresearchfuture.com/sample_request/4186

Global E-bike Market 2019 Insights:

Increased concern and awareness about the concepts of health and wellness and the scale of impact that standard vehicles have on the environment has boosted the demand for E-bike. E-bike are e-bikes that comprise integrated electric motors that can be used the purpose of propulsion. These bikes use rechargeable batteries and can travel at a speed of up to 25 to 32 km per hour. However, the speed limit depends upon the individual country's government regulations.

The global bicycle market is anticipated to garner a CAGR of 5.02% during the forecast period (2018-2023), Market Research Future (MRFR) unveils in a detailed report. There has been immense evolution in the bicycle industry. Technological advancements in the bicycle industry are considered an emerging trend in the market. E-bike are also seeing an escalation in demand due to contemporary tourism practices that involve conveyance options such as that of self-driving options. Increase in logistical activities is also projected to benefit overall market expansion considerably.

The existing e-bikes are of various types across the globe, such as pedal assist, electric power, and battery powered. The global electric bikes have been witnessing golden opportunities led to the government support and strict rules favoring electric bikes. There have been more factors that are continuously supporting the global electric bikes market to spur and flourish in the years to come.

On the contrary, aftermarket service infrastructure and underdeveloped charging will remain an impediment to the market growth in the foreseeable future.

E-bike Market Segment Analysis:

The global electric bike market research report provides market segmentation by type, battery type, motor type, and region.

By type, the market segments into segmented into conventional bike and e-bikes. Of these, conventional bikes acquire the major share in the global market and are expected to retain its position in the long run.

By battery type, the market divides into sealed lead acid and Li-on battery.

By application, the bicycle market is segmented into recreation, racing, and transportation tools. Of these, the recreation segment is estimated to dominate the global market and is likely to surpass a valuation of USD 36,832.4 million by 2023.

By motor type, the market breaks down into mid-drive electric and hub motor.

E-bike Market Regional Insights:

Geographically, the E-bike market span across Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

Asia Pacific region holds the standout positioning and is expected to be the case in the coming years. The presence of various emerging developing economies like India, Japan, and China is pushing the growth of the market. China is one of the key players in the global market and is considerably contributing to the overall growth of the Asia Pacific region. Considering the global scenario, Asia Pacific acquires the lion's share, accounting for 48.7% share. Countries like Japan, China, and Singapore are emphasizing on rolling out the infrastructure required to support and encourage bicycle communication.

Europe bags the second spot in the global bicycle market, and its expansion is predicted to be dictated by the ongoing trends of adventure sports. The region is estimated to surpass a valuation of USD 14,675.6 million by the end of 2023 and led by Germany. The soaring popularity of e-bike tourism is likely to steer the growth of the bicycle market in the long run.

Report Scope:

Study Period: 2018 to 2023.

Base Year: 2018.

Key Table of Content:

1 Executive Summary 11

2 Introduction 12

2.1 Definition 12

2.2 Scope Of The Study 12

2.3 Assumptions 12

2.4 Key Buying Criteria 13

2.5 Market Structure 13

3 Research Methodology 14

3.1 Research Process 14

3.2 Primary Research 14

3.3 Secondary Research 15

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