Electric Bicycles Market 2018 Global Industry Forecast To 2023 - By Size, Sales, Share, Trends, Growth, And Region

Electric Bicycles Market 2018 Global Industry Analysis To 2023, is new research report published by “Market Research Future”. Global Electric Bicycles Industry 2018 Global Market report provides comprehensive information on the Electric Bicycles Market size, share, trends, growth forecast as well as current scenario, historic data, with business development strategies, key company insights and regional analysis to 2023. Electric Bicycle Market is expected to reach a market size of USD 21,347 million by 2023, with a CAGR of 5.91%.

Electric Bicycles Market Key Players Analyzed in Report Are:

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), NYCeWheels (U.S.), Accell Group (Netherlands), Derby Cycle (Germany), Easy Motion USA (California), Moustache Bikes (France).

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Electric Bicycles Market Insights:

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.

The segmentation of the electric bicycles is segmented 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/ pedelecs, pedal assist with power on demand. On the basis of battery type, the market is segmented into Li-ion battery and sealed lead acid. On the basis of motor type, the electric bicycles market is segmented into mid drive electric and hub motor. By Regions, the market is segmented into Asia Pacific, Europe, North America and rest of the world.

The circumstances for development plans have fortified the market for potential new entrants. The advance in the products and services is the leading factor escalating the market's output and directing the trends that are acquiring distinction in the market. The changes seen in terms of strategy execution and creation are varying the growth pace of the market. The deficits in the market are filled due to the application of appropriate supply chain strategies. The growth patterns are reviewed in tandem to the customer preferences to gather maximum growth, and in the long run, productivity. The progress in the products and services is the leading factor in growing the market's productivity and monitoring the trends that are obtaining standing in the market. The critical success factors and players’ tendencies are gradually escalating by the strategies being used by market competitors.

Detailed Regional Outlook:

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.

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List Of Figures:

FIURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER'S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL ELECTRIC BICYCLES MARKET SHARE, BY TYPE, 2016 (%)

Continued...

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