Press release
How will Global E-bike Market Hit $25.9 Billion Revenue by 2025?
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Owing to the rising pollution levels in many countries and the subsequent concerns arising over various lung diseases and ailments, as well as road congestion in major cities and increasing government subsidies and incentives, e-bikes have started becoming widely popular in many cities and towns. The global e-bike market is expected to advance with a CAGR of 10.3% during 2020¬-2025, to witness an increase in its revenue from $14.4 billion in 2019 to more than $25.9 billion by 2025.
The e-bike market, on the basis of battery, is categorized into lead-acid,lithium-ion (Li-ion),and others. Li-ion variants, owing to their higher energy density and lesser weight, which offer a longer range per unit charge than other types of batteries, are set to experience the highest CAGR, by volume as well as value. The declining prices of the Li-ion battery packs will also contribute toward their robust growth.
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Competitive Landscape of E-Bike Market
The e-bike market is fragmented in nature, characterized by the presence of various domestic and global players, such as Yadea Group Holding Ltd., AIMA Technology Group Co. Ltd., Giant Manufacturing Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd., Dongguan Tailing Electric Vehicle Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Dongguan Tailing Electric Vehicle Co. Ltd., and Accell Group N.V.
Market Size Breakdown by Segment
The electric bike market report offers comprehensive market segmentation analysis along with market estimation for the period 2014-2025.
Based on Ownership Type
Personal
Shared
Based on Battery
Lithium-Ion
Lead Acid
Geographical Analysis
North America
U.S.
Canada
Europe
Germany
Netherlands
Belgium
France
Italy
Austria
U.K.
Denmark
Sweden
Spain
Switzerland
Asia-Pacific
China
Indonesia
Philippines
India
Japan
South Korea
Latin America (LATAM)
Brazil
Mexico
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About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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