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Central and Eastern Europe E-Bike Market 2021 SWOT Analysis and Key Business Strategies by Leading Players – BiciMad, VOI Scooter, Yobykes, Rekola, GeoBike
Latest research on Central and Eastern Europe E-Bike Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Central and Eastern Europe E-Bike market. This report included a special section on the Impact of COVID19. Also, Central and Eastern Europe E-Bike Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Central and Eastern Europe E-Bike industry.Central and Eastern Europe E-Bike market is growing at a CAGR of 5.67% during the forecast period (2021-2026).
The Central and Eastern Europe E-Bike market is highly competitive and consists of a number of major players. Top Companies like BiciMad, VOI Scooter, Yobykes, Rekola, GeoBike, Avon Cycles*
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Industry News And Developments:
In 2018, VOI E-bikes was founded in 2018 and provides E-bikes across 18 cities and 9 European counties. It has ambitious roll-out across Europe, targeting 150 cities and towns while unveiling a new range of improved e-scooters and e-bikes.
Scope of the Report
- Consumers today are unwilling to invest hugely in commodities which are used for only a brief period. The bike-sharing system is designed specifically for commuters who can pick bicycles as per their need at conveniently timings and locations. With hassle-free, low maintenance, and cheap pricing, bike Sharing is also becoming popular in the Central and Eastern Europe E-Bike Market.
- Since 2017, many Chinese bike-sharing models have penetrated the central and eastern Europe E-Bike Market. But, today, several local operators are also starting up their bike-sharing businesses. Also, Bikes provide an added benefit of leaner volume, which significantly reduces traffic congestion.
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Key Market Trends
Rise in the Demand of Green Transportation
Mobility plays a vital role in the current society that we live in.With the growing concern for preserving and sustaining it for future generations, mainly because of the increasing scarcity of natural resources and environmental concerns, protecting the environment poses a great challenge to both the society and governments worldwide.As a result, the rising demand for e-bikes is proving to be an ideal solution to the challenge.With the continually growing environmental and health concerns, due to the increasing emission levels, the governments and international organizations worldwide are enacting stringent emission norms to reduce carbon emission levels.
Poland is the Fastest-Growing Market
Even with the limited infrastructure in Poland compared to neighbors such as Germany and France, Poland today has become one of the most important E-bike manufacturing countries in Europe. In fact, Hungary comes in the second position. Recently, Giant Bicycles have announced they will invest USD 15m on a production facility in Gyngy’s.
The bike-share sector is expected to grow from the current 3-5 E-bikes per 1000 residents in all major European cities to 10-20 bikes per 1000 residents in the next five years, representing a 20-30% growth per year.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Central and Eastern Europe E-Bike Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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