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Doubts Related to the Electric Bicycles Explained in the Report with Major Key Companies like Yadea Technology Group Co. Ltd., BionX, Bosch, Electric Bike Technologies LLC, Giant Bicycles, GRACE, Superpedestrian

07-16-2020 02:50 PM CET | Tourism, Cars, Traffic

Press release from: Coherent Market Insights

electric bicycles

electric bicycles

Los Angeles, United State: The research study presented here with is a powerful tool that players can use to cement a strong position in the global Electric Bicycles market. It digs deep into critical aspects of the global Electric Bicycles market, which include market dynamics, competition, cost and price, regional expansion, key business strategies, consumption, and marketing channels. Readers are provided with special analysis on consumers, distributors, the value chain, and production growth trends. The report offers in-depth and accurate insights on the regional growth, leading players, and level of competition in the global Electric Bicycles market. The researchers have also put high emphasis on market taxonomy by preparing a comprehensive segmental analysis.

Increasing motor vehicles traffic levels have led to increased road accidents over the past decade, accounting for over 1.25 million deaths in 2015, according to report published by World Health Organization (WHO). Moreover, pollution levels across the globe have witnessed significant surge, owing to increasing vehicle traffic. According to Union of Concerned Scientist, one fifth of the U.S. emissions responsible for global warming are generated due to trucks and cars. Reduction in emissions and traffic levels can be achieved by adopting eco-friendly electric bicycles that can drastically decrease traffic congestion along with negligible carbon emissions, which is expected to propel growth of the electric bicycles market over the forecast period.

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Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (Structure Of This Report)
Research methodology adopted by Coherent Market Insights

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Increasing awareness and government initiatives to promote use of battery operated vehicles is resulting into increasing adoption of eco-friendly vehicles by consumers. For instance, FAME-India scheme in India, electric bike grant scheme in states of Jersey, and grants offered for EVs purchase by Office for Low Emissions in UK are the government initiatives which were focused on promotion of e-bike. These initiatives are expected to provide potential growth opportunities for the electric bicycles market throughout the forecast period.

Major market players covered in this report: 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.

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Bicycles market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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“Request Discount” option enables you to get the discounts on the actual price of the report. Kindly fill the form, and one of our consultants would get in touch with you to discuss your allocated budget, and would provide discounts.

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China has the largest consumer base for electric bicycles accounting for over 80% of the overall market share

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.

Sealed lead-acid (SLA) batteries held the largest share in the market

SLA batteries held largest industry share in market, owing to low costs and large consumer base in China. Batteries utilized in the bikes vary on the basis of voltage, amp hour capacity, life and reliability. However, Li-ion batteries are projected to witness significant demand over the forecast period, primarily owing to relatively better performance characteristics and lower carbon footprints.

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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.

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