E-Bike Market Estimated to Expand at a Robust CAGR over 2021-2031 | Accell Group N.V., Pon.Bike, Merida Industry Co., Ltd., Giant Manufacturing Co., Ltd.

New York, According to a new market research report published by Global Insight Services E-Bike Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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E-bikes are powered by a battery and an electric motor. The motor assists the rider by providing power to the pedals, and the battery provides power to the motor. E-bikes can be ridden without the assistance of the motor, but the motor can make riding uphill or against the wind much easier.

E-bikes are becoming increasingly popular as people look for alternative ways to get around. They are particularly popular in Europe, where they are often used for commuting. In China, e-bikes are the most popular form of transportation.

Key Trends and Drivers

The e-bike market is growing rapidly as more and more people are looking for alternatives to traditional bicycles. One of the biggest trends in the e-bike market is the increasing popularity of electric mountain bikes. Electric mountain bikes are perfect for people who want to enjoy the benefits of cycling without having to worry about pedaling uphill. Another trend in the e-bike market is the increasing popularity of folding electric bikes. Folding electric bikes are perfect for people who live in small apartments or who want to be able to take their bike with them on public transportation.

Restraints & Challenges

The first key restraint is the price. E-bikes can be quite expensive, especially when compared to traditional bicycles. This can be a major barrier for many consumers, especially those on a tight budget.

Another key restraint is the range. E-bikes typically have a much shorter range than traditional bicycles, which can be a major problem for riders who need to travel long distances.

Finally, another key challenge facing the e-bike market is infrastructure. There are still not many places to charge e-bikes, which can be a major inconvenience for riders. Additionally, there are not many dedicated e-bike lanes or paths, which can make riding an e-bike difficult and dangerous in some areas.

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Market Segments

By Class

• Class-I
• Class-II
• Class-III

By Speed

• < 25 km/h
• 25-45 km/h

Key Players

• Accell Group N.V.
• Pon.Bike
• Merida Industry Co., Ltd.
• Giant Manufacturing Co., Ltd.
• Yamaha Motor Corporation
• Jiangsu Xinri E-Vehicle Co., Ltd.
• Mahindra & Mahindra Ltd. (GenZe)
• Prodecotech LLC
• Tianjin Golden Wheel Group Co. Ltd.

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Reasons to buy E-Bike Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

New Report Published by Global Insight Services : https://www.globalinsightservices.com/reports/hydrogen-projects-database/

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

This release was published on openPR.