Press release
Electric Bike Moving Market in the Right Direction| Prodecotech, Prodecotech, Accell Group
HTF Market Intelligence published a new research document of 150+pages on "Electric Bike Market Insights, to 2028" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Electric Bike market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics.Some of the key players profiled in the study are Accell Group (Netherlands), Derby Cycle (Germany), Fuji-ta Bicycle Co., Ltd. (China), Giant Manufacturing Co., Ltd. (Taiwan), Jiangsu Xinri E-Vehicle Co., Ltd. (China), Mahindra & Mahindra Ltd. (GenZe) (India), Prodecotech, LLC (United States), Tianjin Golden Wheel Group Co., Ltd. (China), Trek Bicycle Corporation (United States), Yamaha Motor Co. Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the players who are also part of the research coverage are BULLS Bikes GmbH (Germany), Aventon Bikes (United States), BH Bikes (Spain), Cannondale (United States)..
According to HTF Market Intelligence, the Global Electric Bike market to witness a CAGR of 9.8% during forecast period of 2023-2028. Global Electric Bike Market Breakdown by Application (Mountain/trekking, City/Urban, Cargo, Others) by Class (Class 1, Class 2, Class 3) by Speed (Up to 25 km/h, 25-45 km/h) by Battery Type (Lithium-ion, Nickel Metal Hydride (NiMH), Lead Acid, Others) by Motor Type (Hub, Mid-drive, Others) by Mode (Pedal Assist, Throttle, Speed Pedelecs, Scooter or Motorcycle, Others) by Component (Battery, Electric Motor, Frame with Fork, Wheels, Crank Gear, Brake System, Motor Controller) by Ownership (Shared, Personal) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Electric Bike market size is estimated to increase by USD 25.9 Billion at a CAGR of 9.8% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 18.2 Billion.
Get an Inside Scoop of Study, Request now for Sample Study @ https://www.htfmarketintelligence.com/sample-report/global-electric-bike-market
Definition:
The Electric Bike market refers to the segment of the bicycle industry that involves the production, distribution, and sale of electric bicycles, also known as e-bikes or electric-assist bicycles. E-bikes are equipped with an electric motor and a battery that assist the rider's pedaling efforts, providing additional power to make cycling easier, more efficient, and sometimes faster. These bikes have gained popularity as an eco-friendly and convenient mode of transportation and recreation.
Market Trends:
• Growing adoption of electric bikes as a sustainable and efficient mode of urban transportation.
• Increasing popularity of electric mountain bikes (e-MTBs) for off-road enthusiasts seeking enhanced performance and versatility.
Market Drivers:
• Growing environmental concerns and the desire for eco-friendly transportation options drive the demand for electric bikes.
• The increasing urban population and traffic congestion in cities boost the appeal of electric bikes for commuting.
Market Opportunities:
• Opportunities for market growth in regions with emerging economies and increased urbanization.
Market Challenges:
• Addressing the proper disposal and recycling of e-bike batteries to minimize environmental impact.
Market Restraints:
• The relatively higher upfront cost of electric bikes compared to traditional bicycles.
• The need for improved e-bike charging infrastructure, especially in regions with low adoption rates.
•
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Electric Bike Market: Lithium-ion, Nickel Metal Hydride (NiMH), Lead Acid, Others
Key Applications/end-users of Electric Bike Market: Mountain/trekking, City/Urban, Cargo, Others
Book Latest Edition of Global Electric Bike Market Study @ https://www.htfmarketintelligence.com/buy-now?format=1&report=4852
With this report you will learn:
• Who the leading players are in Electric Bike Market?
• What you should look for in a Electric Bike
• What trends are driving the Market
• About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Electric Bike vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: Accell Group (Netherlands), Derby Cycle (Germany), Fuji-ta Bicycle Co., Ltd. (China), Giant Manufacturing Co., Ltd. (Taiwan), Jiangsu Xinri E-Vehicle Co., Ltd. (China), Mahindra & Mahindra Ltd. (GenZe) (India), Prodecotech, LLC (United States), Tianjin Golden Wheel Group Co., Ltd. (China), Trek Bicycle Corporation (United States), Yamaha Motor Co. Ltd. (Japan) are some of the key players that are part of study coverage. Additionally, the players who are also part of the research coverage are BULLS Bikes GmbH (Germany), Aventon Bikes (United States), BH Bikes (Spain), Cannondale (United States).
Who should get most benefit from this report insights?
• Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Electric Bike
• Marketers and agencies doing their due diligence in selecting a Electric Bike for large and enterprise level organizations
• Analysts and vendors looking for current intelligence about this dynamic marketplace.
• Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
Make an enquiry to understand outline of study and further possible customization in offering @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-electric-bike-market
Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Electric Bike Market
Electric Bike Size (Sales Volume) Comparison by Type (2023-2028)
Electric Bike Size (Consumption) and Market Share Comparison by Application (2023-2028)
Electric Bike Size (Value) Comparison by Region (2023-2028)
Electric Bike Sales, Revenue and Growth Rate (2023-2028)
Electric Bike Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Electric Bike
Electric Bike Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
Get Detailed TOC and Overview of Report @ https://www.htfmarketintelligence.com/report/global-electric-bike-market
Thanks for reading this article, you can also make sectional purchase or opt-in for regional report by limiting the scope to only North America, ANZ, Europe or MENA Countries, Eastern Europe or European Union.
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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