Infinium Global Research has added
a new report on Electric
Bikes Market. The report presents analysis of global as well as
regional markets of electric bikes market over the period of 2016 to 2024. Electric bikes market, also called
e-bikes, are a special type of bikes that
are driven or propelled by rechargeable batteries. Electric bikes market
are similar to regular bikes with slight modification. It primarily contains three important components: motor,
battery, and drivetrain. Electric bikes market are driven by employing
different type electric motors. The drivetrain provides necessary torque and
power for the electric bike, and most of the drivetrain provides flexibility to
riders in order to shifts gears according to the road situation.
Electric bikes market are gaining popularity among
consumers due to growing awareness about environmental awareness, fluctuation
of fuel prices, increasing disposable income among consumers, are the factors
boosting the electric bike's market. Electric
bikes market are becoming a viable transportation option owing to their power,
moderate load carrying capacity, long-distance
range, and moderate speed. Additionally, increasing government subsidies to
manufacturers and a tax incentive to
purchasers, continuously rising fuel prices across the globe, and increasing
health consciousness among people are driving the electric bike market during
the forecast period. However, the high
cost of an electric bike, lack of awareness among consumers about electric
bikes market, its efficiency compared to
conventional bikes are hindering the growth of the electric bike market.
North America is leading the E-Bike market globally, due to the presence
of e-bike manufacturing companies in this
area, more consumer awareness about environmental degradation, government focus
on the environmental protection technique and measures. The Asia Pacific holds
a major share and is expected to dominate the global electric bike market
during the forecast period. China is a major revenue contributor to the market
in the Asia Pacific. Stringent
regulations regarding emissions and strong imitative for green transportation drive the electric bike market in China. Moreover, the growth matrix presented by Infinium Global Research
identifies the key investment markets in the near future, this will not only
help the companies to understand the competitive position in the global electric
bikes market but also make strategic decisions to capture the most lucrative
markets in the near future. The market size is presented in terms of value for
the historic year 2016 and estimated for forecast period of 2018-2024.
Get
15% discount for early purchase of global electric bikes market report by
clicking the following link, Use code IGRD15 to request the discount in the
given form
https://www.infiniumglobalresearch.com/reports/request-discount/1859
The recent report identified that
North America dominated the global electric bikes market over the last couple
of years, while emerging markets of Asia-Pacific and Latin America are
anticipated to contribute significantly to the growth in the electric bikes
market worldwide.
The report segments the global electric
bikes market on the basis of Product Type, Drive Mechanism and Battery Type.
Global Electric bikes market by
Product Type
·
Pedelec
·
Throttle On Demand
·
Scooter Or Motorcycle
Global Electric bikes market by Drive
Mechanism
·
Hub Motor
·
Mid Drive
·
Other Drive Mechanisms
Global Electric bikes market by
Battery Type
·
Lead Acid
·
Lithiumion (Li-ion)
·
Nickel Metal Hydride (NiMH)
·
Others
Companies Profiled in the Report
·
Trek Bicycle Corporation
·
Accell Group
·
Fuji-ta Bicycle Co.,Ltd.
·
Derby Cycle
·
Giant Manufacturing Co., Ltd.
·
Jiangsu xinri e-vehicle co., ltd
·
Mahindra & Mahindra Ltd.
(GenZe)
·
Bionx International Corporation
·
Prodecotech, LLC
·
Tianjin Golden Wheel Group Co.,
Ltd
About Infinium Global Research
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business intelligence company that provides its clients with market information
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