Press release
E-Bike Market Global Trends, Technology 2023: Strategic Player Analysis and Sales Forecast to 2029
The global e-bike market is expected to grow at 11.2% CAGR from 2022 to 2029. It is expected to reach above USD 109.88 billion by 2029 from USD 42.26 billion in 2020.Exactitude Consultancy research's "E-Bike Market Forecast" study report focuses at sales and the overall global market for E-Bike in 2022. The sales forecast for E-Bike by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global E-Bike market, with sales of E-Bike broken down by region, market sector, and sub-sector, in US$ million.
Based on market dynamics and development-promoting variables, the E-Bike Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.
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Driving Factors Rising fuel prices resulting from shortages will spur market expansion
The cost of petroleum has increased over the previous ten years, which has increased the use of bicycles for daily commuting. The Organisation of the Petroleum Exporting (OPEC) countries, who have significant control over crude oil prices, are to blame for the increase in fuel prices. For instance, the price of crude oil rose to USD 79 per barrel in September 2021 as a result of rising vehicle demand and supply problems. In addition, rising prices are anticipated due to the future scarcity of sources for crude oil.
competitive analysis
The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global E-Bike market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.
Major companies in E-Bike Market are:
Accell Group N.V., Pon.Bike, Merida Industry Co., Ltd., Giant Manufacturing Co., Ltd., Yamaha Motor Corporation, Trek Bikes, and Riese & Muller
Recent Developments:
In March 2022, Yamaha launched the Wabash RT and CrossCore RC, two all-new class 3 power assist bicycles with the all-new Yamaha PWSeries ST motor unit, frame, and internally integrated batteries.
In 2022, Momentum, Giant Group's "lifestyle-inspired" cycling brand, introduced two new electric bicycles, the Voya E+1 and Voya E+3. The Voya E+1 is a drop bar urban bike with an 11-speed Shimano GRX derailleur, while the Voya E+3 is a flat bar bike with a 9-speed microSHIFT ADVENT derailleur. On a single charge, the 250 Wh battery is said to deliver a range of 40-72 km (25-45 miles). In less than two hours, a 4A fast charger can charge the battery to 80% capacity.
In 2021, Merida launched the 2021 EX Enduro, which was temporarily discontinued in 2020. This new e-bike is powered by Shimano STEPS.
E-Bike Market Segmentation:
Global E-Bike Market by Class, 2020-2029, (USD Million) (Thousand Units)
Class-I
Ii
Iii
Global E-Bike Market by Battery Type, 2020-2029, (USD Million) (Thousand Units)
Li-Ion
Li-Ion Polymer
Lead Acid
Global E-Bike Market by Motor Type, 2020-2029, (USD Million) (Thousand Units)
Mid
Hub
Global E-Bike Market by Mode, 2020-2029, (USD Million) (Thousand Units)
Throttle
Pedal Assist
Global E-Bike Market by Usage, 2020-2029, (USD Million) (Thousand Units)
Mountain/Trekking
City/Urban
Cargo
Global E-Bike Market by Region, 2020-2029, (USD Million) (Thousand Units)
North America
Europe
Asia Pacific
South America
Middle East And Africa
Important countries in all regions are covered.
Our market analysts are professionals at carefully categorizing the global E-Bike market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global E-Bike market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.
This report also splits the market by region:
The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.
The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Strategic Points Covered in Table of Content of Global E-Bike Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the E-Bike market
Chapter 2: Exclusive Summary - the basic information of the E-Bike Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the E-Bike
Chapter 4: Presenting the E-Bike Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the E-Bike market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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Thank you for reading it all the way to this point.
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EMAIL ADDRESS: sales@exactitudeconsultancy.com
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Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.
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