Mar 01, 2019 (Heraldkeeper via COMTEX) -- Electric Bicycle Market 2019 Industry Research Report is a professional and in-depth study on the current state of the Global Electric Bicycle industry. This report studies Electric Bicycle in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India with production, revenue, consumption, import and export in these regions, from 2019 with forecast to 2023. Report Analyzes Global Electric Bicycle Market Historic and Forecast data by segments, key country, and region.
Electric Bicycle Market Key Players Analyzed in Report are:
The key players in electric bicycle market are NYCeWheels (U.S.), Accell Group (Netherlands), Derby Cycle (Germany), Easy Motion USA (California), Moustache Bikes (France), and Jiangsu Xinri E-Vehicle Co., Ltd. (China). myStromer AG (Switzerland), Karbon Kinetics Limited (KKL) (U.K.), Pedego Electric Bikes (California), and A2B Electric Bikes (U.K) are among others.
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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 electric bicycles. Market reports related to the automobile industry have been offered by Market Research Future which makes reports on other industry verticals that aims to analyze the current market scenarios better. The market stands to gain USD 21,347 million in revenues while growing with a CAGR of 5.91% in the forecast period.
Furthermore, the market is expected to witness growth opportunities over the forecast period as various governing bodies have launched initiatives with the purpose to build bicycle highway lanes for e-bikes and motorized vehicles. The schemes are funded with a huge budget, and it will also focus on improving the biking infrastructure. There have been proposals to develop two-way bike lanes on one-way streets to ensure quick commuting of cycles. This will ensure a higher use of bikes than the metro, for daily commute.
The segmental analysis of the electric bicycle market is carried out on the basis of type, battery type, motor type and regions.
On the basis of type, the electric bicycle market is segmented into power on demand, pedal assist with power on demand and pedal assist/ pedelecs. Based on battery type, the electric bicycle market is segmented into Li-Ion Battery and sealed lead acid. Based on motor type, the electric bicycle market is segmented into mid drive electric and hub motor. The regions considered in the electric vehicle market are North America, Europe, Asia Pacific and rest of the world.
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Amongst these, the Asia Pacific region is dominating the electric bicycle market. Presence of developing nations such as China, Japan and India is one of the major factors driving the electric bicycle market. China is the largest market for electric bicycle. Since 2015, the sales have grown massively in China. Outgrowing U.S., China is now the most attractive country for electric bicycles. China has strengthened its industry leadership by making profits across all scopes of the supply side of electric bicycles including current and projected production of electric bicycle and their components, such as electric motors and lithium-ion battery cells.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Proces
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers