Press release
Global E-Bike Market To Grow At A CAGR Of 6% During The Period 2017-2021
An e-bike, commonly known as an electric bicycle, is a bike that has an electric motor aligned to the pedals of the bicycle, which supplies the differential force required for the forward movement of the bicycle. Earlier, e-bikes were bulky because of the use of lead-acid batteries; however, with the use of nickelmetal hydride, nickelcadmium cell, or lithium-ion (Li-ion) batteries in newer models, the weight of e-bikes has reduced significantly.
Technavios analysts forecast the global e-bike market to grow at a CAGR of 6% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global e-bike market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
North America
ROW
Western Europe
Technavio's report, Global E-Bike Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Currie Technologies
Derby Cycle
Jiangsu Xinri
Zhejiang Luyuan
Other prominent vendors
eZee
GEOBY Electric Vehicle
Giant Manufacturing
ProdecoTech
Market driver
Increased concern regarding health and environment among consumers.
For a full, detailed list, view our report
Market challenge
Mandatory registration negatively impacting the sales of e-bikes.
For a full, detailed list, view our report
Market trend
Implementation of battery management systems.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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