openPR Logo
Press release

E-Bike Market: Future Growth Prospect and Trends to 2025

02-28-2020 09:47 AM CET | Tourism, Cars, Traffic

Press release from: MarketsandMarkets

E-Bike Market: Future Growth Prospect and Trends to 2025

The global e-bike market is projected to grow at a CAGR of 9.01% from USD 21.1 billion in 2018 to USD 38.6 billion by 2025.

The major factors driving the growth of the e-bike market are increasing concerns about traffic congestion, rapid urbanization, government initiatives to reduce emission levels, and growth of the bicycle tourism industry. An electric bike, often known as an e-bike, has an electric motor aligned to the pedal for propulsion. These bicycles use chargeable batteries of different capacities. E-bikes are equipped with a mid or hub motor and can be classified on the basis of the power of the electric motor. Pedal-assist and throttle-on-demand are the two different modes of electric bikes.

View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/electric-bike-market-110827400.html

Yamaha Motor Corporation (Japan), Giant Manufacturing Co., Ltd (Taiwan), Accell Group N.V (Netherlands), Aima Technology Group Co., Ltd (China), and Yadea Group Holdings Ltd (China) are the leading players in the e-bike market.

Opportunity: Bike Sharing

Bike-sharing is a thrilling new model of public and private transportation that has rapidly emerged in recent years. It offers a healthy, sustainable, and alternative transportation choice, particularly for short trips. The new trend in the cycling world is an e-bike, and this trend is now changing the bike-sharing industry. It has multiple benefits over traditional bicycles. Currently, there are 0.04 million shared e-bikes present globally, and approximately half of them are in China. Electric bikes (e-bikes) can provide a higher level of service compared to regular bike share systems. Electric bicycles reduce the effort required by the rider, promoting greater travel distances and easier use over hilly terrain. While the high price of e-bikes is a major concern for a rider, sharing electric bikes can overcome price barriers by dividing the cost between many users. Unlike the traditional bike-sharing system, e-bike companies have introduced dockless e-bike sharing, which benefits both the rider and service provider. Also, many countries such as the US, China, and Germany are introducing e-bikes in public bike-sharing programs. These bike-sharing programs can help tremendously in the growth of the e-bike market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110827400

North America is projected to be the fastest-growing market size during the forecast period.

The e-bike market in North America is projected to be the fastest-growing market. It is estimated to grow at a CAGR of 19.77%, by value, during the forecast period. The demand for e-bikes has increased tremendously in Europe and North America due to increased urbanization and consumer desire to move away from cars to alternative mobility such as e-bikes.

Class-I is the largest segment of the e-bike market

Class-I e-bikes are the most widely used e-bikes across the globe. These e-bikes are equipped with a motor that provides assistance only when the rider is pedaling and stops providing assistance when the bicycle reaches 20 mph. These e-bikes can operate on any paved surface. The class-i segment is expected to hold the largest share of the e-bike market as this e-bike category meets the e-bike laws and regulations of most of the countries.

Class-III is the fastest-growing segment during the forecast period

The class III e-bike segment is expected to be the fastest-growing market during the forecast period. This class is popular among youngsters as it offers a higher speed than the other two classes i.e class-I and class-II. Also, this e-bike segment is expected to help replace cars with bikes across the globe. Class-III e-bikes, which are also called speed pedal-assisted e-bikes, are equipped with a motor that provides assistance only when the rider is pedaling and stops providing assistance when the bicycle reaches 28 mph. Operators of Class-III e-bikes must be 16 years or older and wear a helmet. Class-III e-bikes are prohibited from entering Class-I multi-use bike paths unless specifically authorized by a local ordinance.

Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=110827400

Asia Pacific: China is expected to lead the Asia Pacific region by 2025

The Asia Pacific region is estimated to be the largest e-bike market by 2025. The region comprises some of the fastest developing economies of the world such as China and India. The governments of these developing economies have recognized the growth potential of electric two-wheelers and, hence, have taken several initiatives to attract major OEMs to manufacture electric two-wheelers in their domestic markets. For instance, the Government of India announced financial support and a scheme called Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME). Under the scheme, there is a subsidy of up to INR 22,000 for electric scooters/e-bikes. Government promotions and schemes have led to an increase in sales of electric two-wheelers over the years. The governments of many countries in the Asia Pacific region are focusing on electric bikes. For instance, China's e-bikes have gained popularity in the European market due to its good quality and technological edge.

Critical questions the report answers:

o Where will all these developments take the industry in the long term?
o What are the upcoming trends for the E-Bike market?
o Which segment provides the most opportunity for growth?
o Who are the leading vendors operating in this market?
o What are the opportunities for new market entrants?

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=110827400

Contact:
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
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 E-Bike Market: Future Growth Prospect and Trends to 2025 here

News-ID: 1949227 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for China

China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry. https://boomingfaucet.com/ China Fund Establishment Consultation E-mail:nolan@pandacuads.com Investing in China can be a complex and challenging process, and
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati …
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research. http://pandacuads.com/ China Investment Corporation Email:nolan@pandacuads.com Some of the main services provided by investment banks include: Underwriting: Investment banks
China Investment Bank, China Investment Consultant, China Investment Corporation …
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support. http://pandacuads.com/ Investment banking consultant Email:nolan@pandacuads.com Cross-border investment in China can be a complex and challenging process, as the country has a unique
china construction company,china engineering company,china major bridge engineer …
List of Top 500 Chinese Construction Enterprises ranking https://gzwatches.cn/ Free engineering construction consultation Email:nolan@wholsale9.com Company Name province 1 China State Construction Corporation Limited Beijing 2 China Railway Corporation Limited Beijing 3 China Railway Construction Corporation Limited Beijing 4 Shanghai Weimengsi Construction Engineering Co., Ltd. Shanghai 5 China Communications Construction Group Co., Ltd. Beijing 6 China Power Construction Corporation Limited Beijing 7 China Energy Construction Group Co., Ltd. Beijing 8 Shanghai Construction Engineering Group Co., Ltd. Shanghai 9 Jiangsu Zhongnan Construction Industry Group Co., Ltd. Jiangsu 10 China Gezhouba Group Co., Ltd. Hubei 11 China National Chemical Engineering Co., Ltd. Beijing 12 Sinoma Group Co., Ltd. Beijing 13 Guangxi Construction Engineering Group Co., Ltd. Guangxi 14 Shanghai Urban
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis