Press release
E-Bike Market to 2027 - Haibike, Aventon Bikes, Giant Bicycles, Merida Industry Co., Pedego Electric Bikes, Robert Bosch GmbH, Specialized Bicycle Co
The e-bike market accounted to US$ 35,862.5 Mn in 2018 and is expected to grow at a CAGR of 23.6% during the forecast period 2019 – 2027, to account to US$ 224,014.2 Mn by 2027.E-bike market is led by the APAC region in 2018. APAC led the landing global e-bike market with more than 70.3% share, followed by Europe and North America region. The rate of e-bike sales growth in China outstrips other personal modes. The credibility to e-bikes was granted through legislation that governed standards for e-bike size and performance characteristics. Moreover, e-bikes were formally classified as bicycles by the China Central Government, in the year 2004, and thereby avoided the licensing and helmet regulations allied with gasoline or electric-powered two-wheelers, as well as permitting their use on standard bicycle infrastructure. Many Asian cities rely on gasoline two-wheelers that have higher speeds and cargo-carrying capacity than most e-bikes.
Most Asian cities do not have a robust dedicated bicycling infrastructure, which benefits e-bike riders in China. Moreover, lack of marketing, experience, maintenance infrastructure, and higher up-front costs of e-bikes diminish overall market share. Consequently, presenting tremendous opportunities for the rise in the business of e-bike market players.
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The List of Companies - E-bike Market
Haibike
Aventon Bikes
Giant Bicycles
Merida Industry Co., Ltd.
Pedego Electric Bikes
Robert Bosch GmbH
Specialized Bicycle Components, Inc.
Shimano Inc.
Trek Bicycle Corporation
Yamaha Motor Co., Ltd.
The latest research report on the “E-Bike Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the E-Bike market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the E-Bike market based on product type, application, and end-use across numerous countries around the world.
Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the E-Bike Market in order to help decision makers with various strategic insights and future outlook. The E-Bike market is expected to witness continued growth during the forecast period from 2020 to 2027.
This is a professional and in-depth study on the current state of the E-Bike Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. E-Bike Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading E-Bike Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global E-Bike market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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