COVID-19 Impact: How will Grow the E-Bike Market in Next Few Years? | Know the Challenges and Trend Analysis

The Global E-Bike Market was valued at USD 34,864.3 million in 2026, growing at a CAGR of 8.3% by 2027.
The ripple effect of Coronavirus-COVID19 on the E-Bike Market needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the E-Bike Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.

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E-bike is also known as an electric bike. It is driven with the help of an integrated electric motor, which is used for propulsion. The e-bikes are distinguished from electric scooters and motorcycles. E-bikes are manufactures with the aim to travel up to 25 to 32 km/h (16 to 20 mph), the speed depends on the laws of the country in which they are export-import.

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Market Segmentation:
Following Top Key players are profiled in this Market Study:
Accell Group (Netherlands), Derby Cycle (Germany), NYCeWheels (US), Moustache Bikes (France), Easy Motion USA (California), Pedego Electric Bikes (California), Jiangsu Xinri E-Vehicle Co., Ltd. (China), Karbon Kinetics Limited (KKL) (UK), myStromer AG (Switzerland), and A2B Electric Bikes (UK) among others

Based on the motor type, the hub motor segment is expected to dominate during the forecast period.
Based on the motor type, the market has been segmented into hub motor, mid drive, and others. The hub motor segment accounts of the largest share in the market and held for more than 64% of the total market in 2018. Chinese manufacturers are investing in the production of low-cost components like motors for the e-bikes, which expected to raise the demand for the e-bike in the global market during the forecast period

Regional Analysis:
North America (US and Canada), Europe (UK, Germany, France and Rest of Europe), Asia Pacific (China, Japan, India and Rest of Asia Pacific), Latin America (Brazil, Mexico and Rest of Latin America), Middle East & Africa (GCC and Rest of Middle East & Africa)

Asia-Pacific to dominate the e-bike market throughout the forecast period.
Asia-Pacific accounted for nearly 60% share of the global e-bike market in 2018 and is expected to dominate the market throughout the forecast period owing to the presence of developing countries such as India, China, and South Korea. Moreover, increase initiatives towards the development of non-fuelled vehicles and rapid growth in the incentive schemes are further creating the demand and sales for the e-bikes in the region. China is the leading country in the global e-bike market owing to the stringent government regulations to minimize vehicular pollutions and rising awareness among consumers for the development of the domestic areas are further enhance the adoption of e-bikes in the coming years.

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