E-Bike Market Top Key Players - Yamaha Motor Corporation, Giant Manufacturing Co., Ltd, Accell Group N.V, Aima Technology Group Co., Ltd, Yadea Group Holdings Ltd, TREK BIKES, MERDIA INDUSTRIES Co.Ltd, Cannondale, Kona, Colnago, Bianchi, Hero, Raleigh, Ce

The global E-bike market is estimated at $ 12 B in 2020, growing at double digits till 2026. E- bike are having a big impact on the motorcycle transportation market. The pandemic that has increased the demand for bicycles is likely to accelerate the transition to battery-assisted pedaling. But as with the car market, change is devastating. Existing players must provide space for new start-ups.

As cities emerge from quarantine approaches in the US and Europe, e-bike market are increasingly considered an ideal mode of transport. Also, due to government regulations on public transport by social distancing guidelines, commuters are basically adopting bicycles as their daily mode of transport. As a result, the demand for e-bike market is proving to be an ideal solution to this problem.

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GLOBAL E-BIKE MARKET DYNAMICS

• Compared to conventional bicycles, the global demand for bicycles is currently evolving and is expected to witness significant growth over the forecast period.

• The e-bike market ability to efficiently manage overall speed provides riders with a pleasant drive on overpasses, mountainous terrain, and rough roads, thus paving the way for bike market sales.

• Factors such as enforcement of government regulations encouraging the use of E-bike market, consumer trends toward the use of electric bicycles as an eco-friendly and efficient solution for commuting, increasing fuel costs, and increasing interest in bicycles for fitness and recreational activities are driving the growth of the market .

E-BIKE MARKET TRENDS

• E-bike market offer a comfortable round-trip bike trip to work, ease compared to bicycles, lower maintenance costs compared to transport vehicles that are cheaper compared to public transport, while simultaneously reducing emissions and keeping riders healthy.

• Electric cargo bikes are quiet and deliver in urban areas A cleaner replacement for the van. And as cities hand over more road space to bikes, cyclists may want to grind. Manufacturers such as Victory Motorcycles and Piaggio provide electric bikes along with electric motorcycles.

COVID-19 IMPACT ON E-BIKE MARKET

Covid-19 has provided even more sparks. E-bike market appeal to commuters who want to avoid public transport but don't want to sweat at work. Most riders who ride electric bicycles to and from work do not want to change the demand for electric bicycles for commuting.

E-BIKE MARKET SEGMENTATION

The E-Bike market is segmented by

By Geography
• Europe
• USA
• China
• Asia Ex China
• ROW

By Type of Bicycle
• Road
• Mountain
• Hybrid

By Price
• $4,000

By Sales Channel
• Offline
• Online

By Sub Component
• Motor
• Battery
• Electronics

COMPETITIVE LANDSCAPE
The E-Bike Market is highly segmented, and the major players have a low share of the total market share. The major market players are Giant Bicycles, Merida, Trek Bikes, Riese & Muller, Fritzmeier Systems GmbH & Co. Kg (M1 Sporttechnik).

COMPANY PROFILES
• Yamaha Motor Corporation
• Giant Manufacturing Co., Ltd
• Accell Group N.V
• Aima Technology Group Co., Ltd
• Yadea Group Holdings Ltd
• TREK BIKES
• MERDIA INDUSTRIES Co.Ltd
• Cannondale
• Kona
• Colnago
• Bianchi
• Hero
• Raleigh
• Cervelo
• Orbea
• BMC Switzerland
• Merida

Read More Information: https://mobilityforesights.com/product/e-bike-market/

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