openPR Logo
Press release

Electric Bikes Market May Set Epic Growth Story | Ather, Hero Electric Vehicles, Okinawa Autotech

Electric Bikes Market

Electric Bikes Market

Latest published market study on Electric Bikes Market provides an overview of the current market dynamics in the Electric Bikes space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage of the study are Electrotherm (India) Limited, Ampere Vehicles Private Limited, Ather Energy Private Limited, Avon Cycles Limited, Hero Electric Vehicles Private Limited, Lohia Auto Private Limited, NDS Eco Motors Private Limited, Okinawa Autotech Private Limited, Tork Motors Private Limited, Tunwal E-Bike India Private Limited.

Get ready to identify the pros and cons of regulatory framework, local reforms and its impact on the Industry. Know how Leaders in Electric Bikes are keeping themselves one step forward with our latest survey analysis

Click to get Electric Bikes Market Research Sample PDF Copy Here @: https://www.htfmarketreport.com/sample-report/2836731-electric-bikes-market-3

India is at an early stage of the 'transition to electric vehicles' phase. An increase in concern over pollution and other environmental issues, and lower operating costs of electric vehicles in comparison to fuel-driven vehicles are the major reasons behind the increased adoption of electric bikes, consequently, boosting market growth. With the government encouraging the adoption of electrified vehicles, the electric bikes market in India is expected to grow further in the coming years. The cost of running electric bikes is about INR 10 for 70 Km, whereas the same distance can be covered by a conventional counterpart at a minimum cost of INR 102.

As of FY 2020, the electric bikes market in India was valued at INR 3.58 Bn, and is expected to expand at a compound annual growth rate (CAGR) of ~52.67% during the 2020-2025 period, to reach INR 29.67 Bn by 2025.

Browse for Full Report at @: https://www.htfmarketreport.com/reports/2836731-electric-bikes-market-3

Government initiatives:
In February 2018, the Indian government’s policy think tank, Niti Aayog proposed and mandated the electrification of all two wheelers with a displacement capacity of below 150 cc by March 2025. With this policy mandate, the two-wheeler industry is likely to experience a rapid transition toward electric mobility. These initiatives have been undertaken to curb pollution and reduce the country's import bills by INR ~1200 Bn by 2025. Further, to boost this policy and accelerate the adoption of electric vehicles (including bikes), the Department of Heavy Industry in association with the Society of Indian Automobile Manufacturers implemented the schemes of 'FAME' and 'FAME II'. Other government initiatives anticipated to encourage the adoption of electric bikes include the National Electric Mobility Mission Plan 2020 (NEMMP 2020), the Atmanirbhar Bharat Abhiyan, and the Make in India campaign.

To comprehend Electric Bikes market dynamics in the India mainly, the Electric Bikes market is analyzed across major Indian regions. Customized study by specific regional or country can be provided, usually client prefers below

• North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, NORDICs, BALTIC Countries, Russia, Austria and Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam etc) & Rest
• Oceania: Australia & New Zealand

Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/2836731-electric-bikes-market-3

COVID-19 impact analysis:
The nationwide lockdown in the wake of the pandemic has marked a long-term positive impact on the electric bikes market in India. The demand for electric bikes has increased amid the pandemic, owing to the fear of virus transmission through public transport. The growing demand for the electric ones has also been supported by the government’s mandatory electrification policy. Moreover, the lockdown has intrigued realisation within people that the use of internal combustion engine vehicles cause 60% more pollution than their electrified counterparts. After the upliftment of the lockdown, adoption of electric bikes as a personal mode of transport surged multifold, and the growth is likely to continue in the long run as well.

For deep analysis of Electric Bikes Market Size, Competition Analysis is provided which includes Revenue (M USD) by Players (2019-2021E) & Market Share (%) by Players (2019-2021E) complimented with concentration rate.

Complete Purchase of Electric Bikes Report 2021 at Revised Offered Price @ https://www.htfmarketreport.com/buy-now?format=1&report=2836731

Actual Numbers & In-Depth Analysis of Electric Bikes Market Size Estimation and Trends Available in Full Version of the Report.

Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electric Bikes Market May Set Epic Growth Story | Ather, Hero Electric Vehicles, Okinawa Autotech here

News-ID: 2321740 • Views: 780

More Releases from HTF Market Intelligence Consulting Pvt. Ltd.

Digital Mortgage Software Market Next Big Thing | Major Giants- Roostify, Ellie …
Latest Study on Industrial Growth of Digital Mortgage Software Market 2021-2027. A detailed study accumulated to offer Latest insights about acute features of the Digital Mortgage Software market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends
Life, Pension, Health & Disability Insurance Market to Witness Remarkable Growth …
Latest survey on Global Life, Pension, Health & Disability Insurance Market is conducted to provide hidden gems performance analysis of Life, Pension, Health & Disability Insurance to better demonstrate competitive environment . The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end use applications. The report bridges the historical data from 2015 to 2020 and
Cross-Border Electronic Commerce Market is Going to Boom | Allegro, Rakuten, Ali …
The Latest Released Cross-Border Electronic Commerce market study has evaluated the future growth potential of Global Cross-Border Electronic Commerce market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, emerging trends along with
Camel Milk Capsules Market is in Huge Demand | UK Camel Milk, Desert Farms, Came …
The latest research on “Global Camel Milk Capsules Report 2021” offered by HTF MI provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Market”. Get Free Sample PDF including full TOC, Tables and Figures and Available customizations) in Global Camel Milk Capsules: https://www.htfmarketreport.com/sample-report/3668307-global-camel-milk-capsules-market-3 Proceeding

All 5 Releases


More Releases for Electric

Electric Motors vehicles
Electric Car Batteries- Reuse and Recycling: There are several advantages to operating an electric vehicle (EV). Electric Vehicles pump fewer CO2 into the environment and less noise pollution in communities. When competition pushes down battery costs, they are also becoming more available to middle- and low-income consumers and policymakers are adopting national and local policies aimed at promoting EV production. It is extremely relevant when it comes to their batteries, which usually
New Electric Wheelchair
The wheelchair is controlled by a motor. With safety light. Convenient to use at night. Freely adjusting the backrest angle is more comfortable for the user. The average driving speed is 1-6km/h. The marketplace was wholly developed by the Jiangsu Medwish Network Technology Co., Ltd., a private corporation based in Jiangsu, China. Through substantial previous international B2B e-commerce field experience, Jiangsu Medwish is dedicated to establishing a globally recognized framework and
Global Electric Truck Market
Global Electric Truck Market – Industry Analysis and Forecast (2018-2026) – by Electric, Truck, Application Type and Region. Global Electric Truck Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Major driving factors of the Electric Truck Market the trucking industry is in the stages of a technological changes, with a particular focus
India pushes Electric Vehicles
The Indian government’s recent tweaking of the licensing policy for Electric Vehicles (EV) promises to address the infrastructure obstacle holding back the sector. The setting up of EV charging stations by the government would no longer require a license from the Ministry, paving the way for the faster construction of these stations. Earlier this year, Ola – the cab firm – initiated ‘Mission: Electric’ with plans to put 10,000 electric auto-rickshaws and
Folding Electric Bicycle
In this report, the global Folding Electric Bicycle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Folding Electric Bicycle in these regions, from 2012 to 2022
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in