The global e-bikes market is anticipated to grow at a significant CAGR of around 14.5% during the forecast period. E-Bikes Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This E-Bikes Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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The impact of COVID-19 was seen positively on the global e-bike market, that is attributed to commuters are mostly avoiding public transportation, e-ikes are considered as a safe, convenient, and affordable alternative to public transportation. According to e-bikes manufacturers such as VanMoof, Lectric e-bike, and Rad Poer Bike, e-bikes are considered as ideal transportation. Commuters are adopting the bike as a mode of day-to-day transportation. In March 2021, According to the report published by World Economic Forum(WEF), sales of electric bikes in the US grew by 145% in 2020 as compared to 2019. In August 2020, According to New Product Development (NPD group), electric moped sales with an average selling price of over $1,000 grew by 190% in June 2020 from June 2019 as a result the COVID-19 has sped the demand for e-bikes.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global E-Bike Market Report by Segment
By Product
- Pedal assisted
- Throttle assisted
By Power
- Less Than and Equal To 250W
- Above 250W
- By Battery
- Li-Ion Battery
- Lead Acid Battery
Global E-Bike market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global e-bikes market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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