Press release
Portable Electric Bike Market 2021 Growth Factors, Technological Innovation and Emerging Trends 2027 |Brompton,SUNRA,XDS,BODO,Slane,U-WINFLY
The Global “Portable Electric Bike Market” provides a comprehensive valuation of the market landscape, encompassing both this and future status of the market. In terms of drivers, opportunities, and constraints, the research provides information on developing trends and market dynamics. The report is also inclusive of competitive profiling of the leading Bar Feeder product vendors, and their latest developments. The trends that are expected to influence the longer-term prospects of the industry are analysed within the report. It includes a market overview, key player profiling, key developments, staple suppliers, and dealers, among other things. Market size, sales, forecast, share, industry demand, rate of growth, and revenue also are included.The Global Portable Electric Bike Market Size is Projected to Reach at a CAGR of 11.5% during 2021-2027.
The data studied for the preparation of the report takes under consideration the present major players and therefore the major players which will be listed. Industry top players are: Brompton,SUNRA,XDS,BODO,Slane,U-WINFLY,Benelli Biciclette,E-Joe,Birdie Electric,A-Bike Electric,VOLT,Solex,Prodeco Tech,Woosh,ENZO eBike
Recent Developments
In Jun 2021, GoZero Mobility, a British electric bicycle and active wear manufacturer, has announced a roadside assistance program (RSA) for its customers in India. This comes on the back of an announcement of investing GBP 17 million in India and UK for expanding its footprint.
In May 2021, Hero Lectro recently announced the launch of its first purpose-built cargo vehicle Hero Lectro WINN, an E-Cycle designed specially to address the evolving needs of last mile-e commerce delivery in India. The first of its kind cargo vehicle to hit the Indian market will soon be supplemented by a three-wheeler cargo vehicle.
In January 2021, GoZero Mobility launched a new line of performance e-bikes in India with three models – the Skellig, Skellig Lite and Skellig Pro. Skellig and Skellig Lite have a maximum speed of 25 kmph and provide a range of 25 km on a single charge. The bikes come with 210 watt hours lithium battery pack and 250 watt drive motor.
In July 2020, Yamaha Bicycles announced launching of the new Civante Class 3 electric power assist bicycle expanding its lineup of fitness-focused road bikes. The Civante gets its power assist from Yamaha’s PWSeries SE motor, which delivers the purest, smoothest and most natural e-Bike assist with Yamaha’s Triple Sensor System. Utilizing frictionless sensors, the system measures pedal-torque, bicycle speed and crank arm cadence, and then delivers just the right amount of assist based on changing terrain and riding situations.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Portable Electric Bike Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Portable Electric Bike market document.
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Market segmentation
Portable Electric Bike market is split by Type and by Application. For the period 2021-2027, the growth among segments provides accurate cunnings and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation by type:
Partial Folding Bike
Full Size Wheel Folding Bike
Market segmentation by application:
Commuting
Entertainment
Regional Analysis:
Global Portable Electric Bike Market is further classified on the basis of region as follows:
E-bikes are becoming more expensive than the normal motorbikes, due to expenses related to design, wiring, motor or mini engine, and battery power. The cost of an e-bike is majorly dependent on its grade and quality. For instance, the Hero Cycles electric bike average cost is about INR 26,000. The price can range from about INR 20,000 to USD 1,50,000 and above.
The high costs of new e-bike batteries and replacement of the same are also hindering the growth of the market studied, as people prefer spending less money on buying new batteries for e-bikes. For instance:
The average maintenance cost per annum of an e-bike is around INR 1,500 to INR 2,000. Additionally, the major states, like Telangana, Tamil Nadu, Rajasthan, Karnataka, and others do not provide any incentive.
To decrease the price of electric bikes in India, Hero Cycles has invested heavily in research and development as well as localization of the critical components
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Table of Contents Portable Electric Bike Market
- Chapter 1: Overview of Portable Electric Bike Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Manufacturers Introduction and Market Data
- Chapter 8: Upstream and Downstream Market Analysis
- Chapter 9: Cost and Gross Margin Analysis
- Chapter 10: Marketing Status Analysis
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Portable Electric Bike Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Portable Electric Bike Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report offers significant features about the central members that are existing in the business for quite a while just as gives insights about their production design, product portfolio, and other data. The study document contains an assessment of various drivers, upcoming technologies, opportunities, market risks, restraints, market barriers, challenges, trends, competitive landscape, and segments which gives an exact picture of the growth of the global Portable Electric Bike market.
Customization: -
The Global Portable Electric Bike Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
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