Electric Bicycles Market | Industry Capacity, Manufacture, Value, Consumption, Status and Prediction

Electric bicycle also known as e-bike is modified bicycle with an electric motor, which offers pedal assistance to the rider. It has similar basic features as regular pushbike with electric assistance. Electric bicycles are the largest selling electric vehicles in the world and are estimated to cross 36 million mark by 2025. Reduction in weights aided by integration of Li-ion batteries, low cost, wide availability, and minimal environment impacts are expected to be the major factors fueling growth of the industry over the forecast period. Increasing urbanization and concerns regarding the environmental impacts of motor vehicles across the global economies are expected to further augment growth of market.

Get HOLISTIC Sample Copy: https://www.coherentmarketinsights.com/insight/request-sample/600

Electric Bicycles Market Taxonomy
On the basis of battery Type, the global electric bicycles market is segmented into:
-Lead Acid
-Lithium ion (Li-ion)
-Nickel metal hydride (NiMH)

On the basis of use, the global electric bicycles market is segmented into:
-City/Urban
-Trekking
-Racing

On the basis of driver mechanism, the global electric bicycles market is segmented into:
-Hub Motor
-Mid Motor

On the basis of driver mechanism, the global electric bicycles market is segmented into:
-Plug-in
-Battery

On the basis of operating mode, the global electric bicycles market is segmented into:
-Battery/Peddle Operated
-Throttle Operated

Key players operating in electric bicycles market include Accell Group, Derby Cycle AG, Easy Motion, Jiangsu Xinri E-Vehicle Co. Ltd., Panasonic, Pedego, Stromer, and Yadea Technology Group Co. Ltd., BionX, Bosch, Electric Bike Technologies LLC, Giant Bicycles, GRACE, Superpedestrian, and Trek.

What are all the companies currently described in the report?
The report contains the main players currently on this market.
(**The list of companies mentioned may vary in the final report subject to change of name / merger, etc.)

To Know More Details, Talk To Our Analyst @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/600

According to National Health Service (NHS), exercise-based rehabilitation programs can reduce deaths risks by 25% and adoption of these bikes provide less cardiac exertion for people with existing coronary problems. Patients suffering from obesity who are unable to exercise can comfortably use these bicycles, which allows them taking short breaks from pedaling. Moreover, biking on rough terrains and difficult slopes by bikers is also fueling growth of the market.

Annual unit sales of electric bicycles in China are projected to decline over the forecast period, owing to increasing traffic disruption and accidents. In 2009, around 10 cities that included Guangzhou, Changsha, Shenzhen, Changzhou, Foshan and Dongguang, had either imposed restrictions or banned usage of e-bikes. However, China is projected to retain dominance in the electric bicycles market over the forecast period due to significant demands for electric bicycles from other cities of economy.

Contact Us:
Name: Mr. Raj Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.