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Pedelec Market - Future of Pedelec e-bikes: What to expect in the next 10 years

02-05-2020 07:51 AM CET | Logistics & Transport

Press release from: Allied Market Research

Pedelec Market Size, Share, Insights, Trends, Demand, Forecast 2020-2030

Pedelec Market Size, Share, Insights, Trends, Demand, Forecast 2020-2030

Pedelec Market 2020-2030: by bicycle type (MTB, race, cross, urban, and foldable) and on battery types (SLA, NiMH, and SCiB) - Global Opportunity Analysis and Industry Forecast.

The Pedelec Market is anticipated to rise at a robust CAGR of xx% during forecast year 2020-2030, will surpass million US$ in 2030, from million US$ in 2020, according to Allied Market Research.

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The key players profiled in the pedelec market report include BH Bikes (Great Britain), Yamaha corporation (Japan), Derby Cycle AG (Germany), M1-Sporttechnik (Germany), Panther International GmbH (Germany), Giant bicycle Inc. (U.S.), Helkama Velox (Finkand), Pedego Electric Bikes (U.S.), Visiobike (Croatia), and Magnum Bikes USA (U.S.).

The Pedelec market is segmented on the basis of bicycle type, battery type, and geography. By bicycle type, it is divided into MTB, race, cross, urban, and foldable. By battery type, it is classified into SLA battery, NiMH, and SCiB. By geography, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan and Rest of Asia-Pacific), and LAMEA ((Brazil, Turkey, Saudi Arabia, South Africa, and Rest of LAMEA).

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Increase in awareness among young generation regarding fitness and health is the major factor for the growth of the Pedelec market. Growth in awareness about use of resources and increase in health concerns fuel the market growth. High cost of these bikes restrain the market growth. These bikes can be charged easily and provide health benefits. These factors make way for growth opportunities for the market.

Pedelec is the acronym for pedal-assisted electric cycle which is an electric motor-supported bicycle. The bicycle has chargeable battery-supported electric motor, intended to aid in pedaling. Pedelec has electronic controllers for automatically cutting down the motors power, whenever the rider stops pedaling or breaches the bikes speed limit. These bicycles come without a throttle.

Key Benefits
o The study provides an in-depth analysis of the pedelec market with current and future trends to elucidate the imminent investment pockets in the market
o Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
o The report provides information regarding key drivers, restraints, and opportunities
o Quantitative analysis of the current market and estimations through 2017-2023 are provided to showcase the financial caliber of the market

Pedelec Market Key Segmentation:

Pedelec Market By Bicycle Type
o Race
o Cross
o Urban
o Portable

Pedelec Market By Battery Types
o NiMH
o SCiB

Pedelec Market By Geography
o North America
o Europe
o Asia Pacific

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Pedelec Market Key Market Players
o BH Bikes (Great Britain)
o Yamaha corporation (Japan)
o Derby Cycle AG (Germany)
o M1-Sporttechnik (Germany)
o Panther International GmbH (Germany)
o Giant Bicycle Inc. (U.S.)
o Helkama Velox (Finland)
o Pedego Electric Bikes (U.S.)
o Visiobike (Croatia)
o Magnum Bikes USA (U.S.)

Press Release: Electric Mobility Scooter Market 2020 Is The Year Of The Scooter, Electric Scooters And Micro-Mobility: Here's Everything You Need To Know |

Similar Reports We Have on Electric Bikes/Vehicles:

Electric Bikes Market Expected to Reach $23.83 Billion by 2025 |

Global Electric Vehicle Market Expected to Reach $561,299.8 Million by 2025 |

Electric Vehicle Chargers Market to Reach $1,786 Billion,by 2023 |

Electric Vehicle Battery Market Expected to Reach $84 Billion by 2025 |

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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