Press release
With 7.0% CAGR, Asia Pacific E-Bike Market Size to Reach US$ 19.1 Billion 2022-2027
E-bikes, also called electronic bikes, are battery-powered bicycles comprising an electric motor, battery, and a drivetrain. These bikes primarily use lead-acid batteries that enable them to cover long distances on a single charge. As a result, e-bikes have emerged as an ecologically sustainable mode of transportation as they help in reducing the carbon emissions.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/asia-pacific-e-bike-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Asia Pacific E-Bike Market Trends:
In the Asia Pacific region, the rising consumer concerns towards the depletion of conventional fossil fuels and soaring fuel prices are primarily driving the demand for e-bikes. Furthermore, the implementation of favorable regulations by several government bodies across China, Japan, South Korea, Thailand, etc., for reducing carbon emission levels from fuel-based vehicles has also propelled the market growth. Additionally, numerous regional companies are emphasizing on the integration of e-bikes with advanced technologies, such as Internet-of-Things, GPS, AI, etc., which have led to various product innovations. The emergence of smart e-bikes that are wirelessly connected to software applications for displaying bike speed, battery status, power levels, and distance covered, will continue to further catalyze the market growth in the Asia Pacific region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific e-bike market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on mode, motor type, battery type, class, design and application.
Breakup by Mode:
Throttle
Pedal Assist
Breakup by Motor Type:
Hub Motor
Mid Drive
Others
Breakup by Battery Type:
Lead Acid
Lithium Ion
Nickel-Metal Hydride (NiMH)
Others
Breakup by Class:
Class I
Class II
Class III
Breakup by Design:
Foldable
Non-Foldable
Breakup by Application:
Mountain/Trekking Bikes
City/Urban
Cargo
Others
Breakup by Country:
China
Japan
India
South Korea
Australia
Indonesia
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
For more information about this report visit: https://www.imarcgroup.com/asia-pacific-e-bike-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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Hybrid Electric Vehicle Market: https://www.imarcgroup.com/hybrid-electric-vehicle-market
Automotive Lead Acid Battery Market: https://www.imarcgroup.com/automotive-lead-acid-battery-market
Autonomous Bus Door System Market: https://www.imarcgroup.com/autonomous-bus-door-system-market
Rear Spoiler Market: https://www.imarcgroup.com/rear-spoiler-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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