Press release
Electric Bicycle Market 2018 Key Country Analysis: Global Top Companies - NYCeWheels, Accell, Derby Cycle, Easy Motion, Moustache Bikes, Jiangsu Xinri E-Vehicle, myStromer, Karbon Kinetics, Pedego Electric Bikes, A2B Electric Bikes
Global Electric Bicycle Market is growing at 5.91% CAGR. Electric Bicycle Market is segmented 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), and Regions in this report.
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Competitive Landscape
The global Electric Bicycle Market is highly competitive. The market players are leveraging various strategies such as acquisitions, partnerships, and investments to stay ahead of the competition in the global Electric Bicycle Market. The market participants are trying to come up with advancements in the Electric Bicycles.
Electric Bicycle Market Key Players Studied In This Report 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.
Market Scenario:
The growth of the global electric bicycles market can be attributed to various driving factors such as strict government regulations coupled with the emergence of eco-friendly vehicles and the increasing fuel prices. Because of e-bikes, cyclists get to enjoy fresh air and countryside holiday without breaking a sweat. Riding an e-bike can be less exhausting than a traditional bicycle. This comfort of riding enables people to adopt this type of bicycles. This increase in the demand for riding e-bicycles, will result in the growth of global e-bicycle market. Modern tourism is closely linked to development and covers the high number of new destinations. These dynamics have turned tourism into a key driver for the automotive industry. The expanding transport projects in emerging nations are expected to reveal greater logistics opportunities and raise the demand for both, commercial and passenger vehicles in Asia Pacific over the forecast period.
Segmentation
The scope of the study segments the global automotive electric drivetrain systems market by its type, battery type, motor type, and region
By Type:
Pedal Assist or Pedelecs
Power on Demand
Pedal Assist with Power on Demand
By Electric Battery Type:
Sealed Lead Acid
Li-Ion Battery
By Motor Type:
Hub Motor
Mid Drive Electric
Regional Analysis
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.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 GLOBAL ELECTRIC BICYCLES MARKET, BY TYPE, 2015-2023 (USD MILLION)
TABLE 3 GLOBAL ELECTRIC BICYCLES MARKET, BY MOTOR TYPE, 2015-2023 (USD MILLION)
TABLE 4 GLOBAL ELECTRIC BICYCLES MARKET, BY REGION, 2015-2023 (USD MILLION)
TABLE 5 NORTH AMERICA: GLOBAL ELECTRIC BICYCLES MARKET, BY COUNTRY, 2015-2023 (USD MILLION)
TABLE 6 NORTH AMERICA: GLOBAL ELECTRIC BICYCLES MARKET, BY TYPE, 2015-2023 (USD MILLION)
TABLE 7 NORTH AMERICA: GLOBAL ELECTRIC BICYCLES MARKET, BY BATTERY TYPE, 2015-2023 (USD MILLION)
TABLE 8 NORTH AMERICA: GLOBAL ELECTRIC BICYCLES MARKET, BY MOTOR TYPE, 2015-2023 (USD MILLION)
TABLE 9 U.S.: GLOBAL ELECTRIC BICYCLES MARKET, BY TYPE, 2015-2023 (USD MILLION)
TABLE 10 U.S.: GLOBAL ELECTRIC BICYCLES MARKET, BY BATTERY TYPE, 2015-2023 (USD MILLION)
Continued…
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