openPR Logo
Press release

Pedelec Market Projected to Witness a Single-Digit CAGR During 2018 to 2027 | Key Players are Giant Bicycle Inc., Yamaha Corporation, Derby Cycle AG, etc.

07-10-2019 01:05 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Pedelec Market Projected to Witness a Single-Digit CAGR During

In order to dissert the market scenario prevailing across the pedelec market sector, FactMR has evenly presented a comprehensive pedelec market analysis to its extensive online repository. With all vital market facets enclosed into this single assessment, readers can learn about different market drivers, opportunities and trends which are likely to influence the overall market space for the pedelec market in the coming years. In addition, factors such as market size, Y-o-Y growth and revenue share are investigated so as to make this research highly authentic and reliable.

Get a Free Sample Report from Here –

Notable Highlights in the Pedelec Market

Yamaha Motor Company Limited, a Japanese manufacturer of electrically power assisted bicycles (EPAC), recently introduced a new 600Wh inTube battery for EPACs. The company announced that it will be supplying the Multi Location™ 600Wh, which allows its OEM customers to stylize the integrated designs of EPACs and complements existing external battery versions. The company revealed that the new 600Wh battery provides 20% more capacity than conventional battery packs in pedelecs.
Pedego Electric Bikes, an American player in the pedelec market, recently announced the launch of the Pedego Conveyor – a mid-drive commuter electric bike. The company declared that the combination of smooth mid-drive power and advanced drivetrain technology allows users to increase the speed of the pedelec up to 20mphwith the support of Pedal Assist.
The European Commission, based on the Article 5 of Regulation (EU) 2016/1036, recently initiated an anti-dumping investigation associated with the imports of pedelecs from China. The Commission found that Chinese manufacturers were dumping pedelecs in the European Union to low prices and thereby, the Commission has imposed stiff duties on pedelecs imported from China.
The European Commission has submitted a proposal to impose the Motor Insurance Directive on electric bikes, including pedelecs. This may  impact on growth of the pedelec market as well as the electric bicycle industry in the coming future.
Bosch, a multinational electronics company, recently announced the market launch of anti-lock braking system (ABS) for electric bikes (e-bikes) and high-end pedelecs. Though the implementation of ABS in pedelecs is in its nascent stage, the company has announced that it will make ABS for some high-end models of pedelecs commercially available by the end of 2018.
Shimano, Inc., a cycling component manufacturer, announced that in the second half of the year 2018, it will introduce innovative products to expand the range of Shimano STEPS pedelec systems, mainly focusing on its top model of e-bikes – E800.

The report focuses on recent company developments in the pedelec market by providing critical information about leading market players. The report provides a comprehensive list of pedelec market players such as Giant Bicycle Inc., Yamaha Corporation, Derby Cycle AG, M1-Sporttechink, Helkama Velox, Pedego Electric Bikes, Magnum Bikes USA, Panther International GmbH, Visiobike, and BH Bikes.

Environmental and Physical Benefits of Using Pedelecs Improve Their Sales Potential

With the growing awareness about negative effects of internal combustion engines in conventional vehicles on the environment, consumers are making a shift away from petrol/diesel vehicles. Unlike CI engines in vehicles, pedelecs generate no harmful emissions and do not contribute to air pollution, thereby, providing a sustainable mode of transportation. The environmental relevance of pedelecs is one of the most important factors accelerating growth of the pedelec market.

While increased environmental awareness has provided a fillip to the global sales of electric vehicles, health-conscious consumers are more inclined towards purchasing pedelec. Owing to their positive impacts on the environmental health as well as physical health, the number of pedelecs sold across the world is expected to surge in the coming years.

The pedelec market report provides in-depth information about changes in growth parameters of the metal packaging coatings market during the forecast period 2018-2027. The pedelec market report provides detailed information about growth prospects of the pedelec market, which includes minute details about the current and future growth parameters of the pedelec market.

The report also answers the market-related questions about for readers, which can help them to establish a strong presence the pedelec market. This information can help new entrants in the pedelec market to plan appropriate business strategies in the coming years.

Some the questions answered in the pedelec market report include

How OEMs are the important contributors to the growth of the pedelec market?
How are leading pedelec market players improving battery features and other characteristics of pedelecs?
Which consumer trends are influencing growth prospects of the international pedelec market and local pedelec markets?
What types of batteries are commonly being used by a majority of pedelec market players and why?
How will the pedelec market grow in developed regions in the upcoming years?

Research Methodology

Intelligence obtained from opinion leading stakeholders in the pedelec market and industry experts in the electric bicycles industry have been extrapolated in the FactMR report on pedelec market. Acquiring industry-validated and reliable data has enabled FactMR analysts to complete this insightful and value-based research report on the metal packaging coatings market. The report offers an in-depth assessment and nearly-accurate conclusions on the pedelec market, which are based on this market research methodology that involves comprehensive primary and secondary research approaches.

Have Any Question? Ask Our Industry Experts –

Contact Us

11140 Rockville Pike
Suite 400, Rockville, MD 20852
United States

About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pedelec Market Projected to Witness a Single-Digit CAGR During 2018 to 2027 | Key Players are Giant Bicycle Inc., Yamaha Corporation, Derby Cycle AG, etc. here

News-ID: 1800764 • Views: 130

More Releases from Fact.MR

Trailer Canopy Market: North America to Have an Upper Hand Over Europe, Fact.MR …
Domestic Players gain from Consumer Proximity On-demand customizations and vehicle innovations largely influence the trailer canopy market and contribute in its market growth. Trailer canopies are used for many purposes and their purpose has grown beyond providing shade. Major stake holders in the market have introduced many solutions in accordance with customer need. Customized trailer canopies attract customer attention. Metal based trailer canopies are the other type that are highly demanded.
Ammonium Chloride Market to Witness Steady Growth | Haohua Junhua Group Co Ltd, …
Ammonium chloride is extensively used in many applications of which its application as fertilizers is highly sought after. Paddy cultivation prominently uses ammonium chloride fertilizers. Increase in cultivation of rice across the globe intensifies demand for Ammonium Chloride for its nitrogenous content. Fact.MR report predicts that demand for Ammonium Chloride of pharma grade will increase in future owing to the growing demand for cold and cough medicines that contain it.
Dredging Market Investment Research Report 2021 to 2031 | Jan De Nul Group, Pe …
The new report on the Keyword market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2016 – 2020. According to Fact.MR, the global dredging market is forecast to be valued at US$ 21 Bn in 2031. Rise in demand from the oil & gas industry too is expected to propel demand for dredging as time goes
Data Center Market to Grow US$ 178,000 Mn Revenues by 2028 | IBM Corporation, …
Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Data Center market during the historical period of 2013 – 2017. A recently developed Fact.MR study foresees the data center market to record a splendid 12.0% CAGR over the period of forecast, 2018 to 2028. Installation & construction services will continue to account for bulk share of the data center market, albeit growing at a slightly

All 5 Releases

More Releases for FactMR

4 Key Insights of Gym Gloves Market : FactMR
A sedentary modern-day lifestyle has given rise to many health issues such as diabetes, hypertension, and obesity that have become imperative for the global community to urgently tackle. People have become well-aware of this and have begun exercising at the gym in earnest. However, not all of them wear gym gloves because they are sometimes thought to be an additional unnecessary expense. A number of customers may not even be
Increased Enthusiasm for Smart Tires Expected to Impact Market Proliferation, de …
FactMR has published a new study titled “Automotive Tire Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”, which drops light on the overall market scenario prevailing in the automotive tire sector. Based on this assessment, the automotive tire market is likely to register steady growth during the forecast period until 2022. Interestingly, it is projected that the target market will acquire nearly US$ 300 billion
Horehound Supplements Sales Sustained by Regulatory Amendments Advocating their …
According to new FactMR study, worldwide sales of horehound supplements are estimated to surpass 6,200 tons in 2019. The horehound supplements industry continues to be influenced by a slew of factors, ranging from growing consumer inclination towards botanical nutraceutical supplements to R&D investments in exploring the application scope of various traditional herbs. The study assesses the horehound supplements market in detail, and offers an analysis of the macroeconomic and industry-specific
Aluminum Alloy Metal Delivers Innovative Scope to Bolster Automotive Metal Wheel …
According to this meticulously compiled research study published by FactMR, the status of automotive metal wheel market stands dubious. Fluctuations in consumer trends together with swelling demand for light weight wheels is restricting the global market expansion. In order to confer additional market factors, readers can access the research report titled “Automotive Metal Wheel Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, added to the broad
Agriculture Sprayer Sales Surge as Cognitive Solutions and Precision Equipment G …
A recent study published by FactMR estimates the agricultural sprayer sales to surpass 3 million units by 2020. The study finds that technological transformations and digitization of the agriculture industry, along with demand for new tools and production methods, will remain key to growth of the agricultural sprayers industry. Request Here For a Free Sample Report - According to the study, leading manufacturers are adopting cognitive technologies to meet growing end-user
Electric Vehicles Revolution Creates Opportunities for EV Traction Motors, Revea …
According to the latest study by FactMR, global demand of EV traction motor is estimated to exceed US$ 6,000 Mn in 2019, up from US$ 5,391.9 Mn in 2018. Sales of electric vehicles and hybrid electric vehicles, upheld by a host of technological features and claims of optimal performance, are likely to boost growth of EV traction motor market in 2019 and beyond. In addition, increasing regulations and norms put in place