What’s the future of Electric Bikes Market? Asia-Pacific Excluding Japan (APEJ) to Remain Lucrative During 2017-2022 Top Key Players: Robert Bosch GmbH,Accell Group N.V.,Giant Manufacturing,Derby Cycle Holding GmbH,Jiangsu Xinri E-Vehicle ,Bionx Interna

Persistence Market Research has highlighted several key insights in its new research report on global electric bikes market. This research publication uncovers several aspects of the electric bikes market, giving analytical acumen and forecasts with respect to the growth of the electric bikes market during the period of 2017-2022. As per this exhaustive research report, the global electric bikes market is witnessing moderate growth and is projected to register a CAGR of 4.7% during the forecast period of 2017-2022.
Asia-Pacific Excluding Japan (APEJ) Region to Remain at the Vanguard During the Assessment Period

By region, the Asia-Pacific excluding Japan (APEJ) region is expected to lead the global electric bikes market. The APEJ region is expected to continue to remain attractive for electric bikes and it is anticipated to lead the global electric bikes market. Countries like China and India have shown high contribution in the growth of APEJ region. China has seen higher consumption of electric bikes, which has boosted sales figures, thus impacting the growth of the global market. In India, the government has encouraged the use of electric bikes, and it is looking forward to convert each and every “fuel-running vehicle” into electric vehicles by the end of 2035.

Europe and North America are other key markets for electric bikes. A number of electric bike manufacturers are headquartered in these two regions. Europe and North America have remained at the forefront of innovation in electric bike technology. The electric bike market in Europe and North America is projected to grow at similar rates during the forecast period.

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The Global Electric Bikes Market Research Report is Crafted Using a Unique Research Methodology

The research carried out for analyzing the electric bikes market follows an exclusive research methodology which increases the accuracy percentage by reducing the deviations to a great extent. The one of its kind research methodology follows a repetitive pattern wherein each data point of every single parameter of each and every segment is evaluated multiple times and then the re-validation offers extremely higher accuracy with reduced errors. There is no room for miscalculations due to such a streamlined and structured research process. The method of triangulation raises the credibility bar, definitely improving the quality of the research. Managed by domain experts, the analysts have crafted the electric bikes market research report in such a way that it can be easily understood owing to simple yet matchless report structure.

Electric bikes have undergone new technological developments in the recent past. High quality material and advanced batteries which have high power and improved life, are few of the many advancements that this market has witnessed. In metropolitan cities of Europe (typically in UK and Germany) and North America (US and Canada) common charging infrastructure for public has been developed. The trend of rental services has taken shape, which is encouraging the use of electric bikes in these regions. There has been significant contribution by the governments of various regions such as in the Asia-Pacific excluding (APEJ) region, to promote the use of electric bikes on a large scale. Several benefits of electric bikes, such as zero emission of harmful gases, eco-friendliness, reduction in greenhouse effect, reduction in tailpipe emissions etc., are supporting the consumption of electric bikes over the globe thus aiding the growth of the global electric bikes market. But certain aspects such as high initial price, less number of charging stations and high costs associated with maintenance of charging stations resulting in high charging prices are limiting the growth of the global electric bikes market.

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5 Key Highlights on Global Electric Bikes Market

Asia-Pacific excluding Japan (APEJ) is a lucrative region and is expected to show high market share by the end of 2022. It is anticipated to grow at steady growth rate throughout the period of forecast. This region has higher potential and several players are setting up manufacturing plants in this region due to easy labor availability and low cost. Moreover, this region has experienced high government support, with the Indian electric bikes market receiving significantly favorable policies. China and India have highly contributed to the growth of the electric bikes market in the APEJ region

Lithium ion batteries remain the preferred choice for manufacturing electric bikes. This segment is poised to register a CAGR around 5% throughout the period of assessment. The main features favoring the use of lithium ion batteries are their small size and high power delivery. On account of these factors, electric bike manufacturers are likely to shun other battery types in favor of lithium ion.

Nickel metal hydride batteries account for the largest revenue share in the market. The status quo is likely to remain unchanged during the forecast period. However, nickel metal hydrides will face stiff competition from batteries that are durable and more effective, such as lithium ion.

In the product type category, the class1: pedal assist segment is expected to lead the global market in terms of high market share. However, this segment is poised to show slow growth rate as compared to speed pedelecs segment in the coming years due to cleaner transportation and less noise

HMCR remains the largest segment by conversion kits type; however, in the recent past, friction drives have gained traction among end-users. While HMCR will continue to lead in terms of high revenue share, friction drive segment is projected to grow at an impressive CAGR

Table Of Content:
1. Global Electric Bikes Market - Executive Summary

2. Global Electric Bikes Market Overview
2.1. Introduction
2.1.1. Global Electric Bikes Market Taxonomy
2.1.2. Global Electric Bikes Market Definition
2.2. Global Electric Bikes Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Electric Bikes Market Y-o-Y Growth
2.3. Global Electric Bikes Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Electric Bikes Market Analysis and Forecast By Product Type
3.1. Global Electric Bikes Market Size and Forecast By Product Type, 2012-2022
3.1.1. Class 1: Pedal Assist Electric Bikes Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region


4. Global Electric Bikes Market Analysis and Forecast By Battery Type
4.1. Global Electric Bikes Market Size and Forecast By Battery Type, 2012-2022
4.1.1. Lithium iron phosphate (LiFePO4) Electric Bikes Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region


5. Global Electric Bikes Market Analysis and Forecast By Conversion Kits Type
5.1. Global Electric Bikes Market Size and Forecast By Conversion Kits Type, 2012-2022
5.1.1. Hub Motor Conversion Kits Electric Bikes Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region

6. Global Electric Bikes Market Analysis and Forecast By Region
6.1. Global Electric Bikes Market Size and Forecast, 2012-2022
6.1.1. North America Electric Bikes Market Size and Forecast, 2012-2022
6.1.1.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.1.2. Revenue (US$ Mn) Comparison, By Battery Type
6.1.1.3. Revenue (US$ Mn) Comparison, By Conversion Kits Type
6.1.2. Latin America Electric Bikes Market Size and Forecast, 2012-2022
6.1.2.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.2.2. Revenue (US$ Mn) Comparison, By Battery Type
6.1.2.3. Revenue (US$ Mn) Comparison, By Conversion Kits Type

7. North America Electric Bikes Market Analysis and Forecast, By Country, 2012-2022
7.1. US Electric Bikes Market Size and Forecast, 2012-2022
7.1.1. Revenue (US$ Mn) Comparison, By Product Type
7.1.2. Revenue (US$ Mn) Comparison, By Battery Type
7.1.3. Revenue (US$ Mn) Comparison, By Conversion Kits Type
7.2. Canada Electric Bikes Market Size and Forecast, 2012-2022
7.2.1. Revenue (US$ Mn) Comparison, By Product Type
7.2.2. Revenue (US$ Mn) Comparison, By Battery Type
7.2.3. Revenue (US$ Mn) Comparison, By Conversion Kits Type

8. Latin America Electric Bikes Market Analysis and Forecast, By Country, 2012-2022
8.1. Brazil Electric Bikes Market Size and Forecast, 2012-2022
8.1.1. Revenue (US$ Mn) Comparison, By Product Type
8.1.2. Revenue (US$ Mn) Comparison, By Battery Type
8.1.3. Revenue (US$ Mn) Comparison, By Conversion Kits Type

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