Instant Blog and Article Publish site
Services

E-Bike Market to grow at 12.9% CAGR to $82.7bn by 2027

According to the new market research report “E-Bike Market By Class (Class-I, II & III), Battery Type (Li-Ion, Li-Ion Polymer, Lead Acid), Motor Type (Mid, Hub), Mode (Throttle, Pedal Assist), Usage (Mountain/Trekking, City/Urban, Cargo), Speed, Component – Global Forecasts to 2027,” published by Nova One Advisor , The global E-Bike market gathered revenue around USD 46.9 Billion in 2020 and market is set to grow USD 82.7 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 12.9% during the prediction period 2021 to 2027.

Get your Customized Research Report@https://www.novaoneadvisor.com/report/customization/5850

Growth Factors:

The positive impact of the COVID-19 pandemic can be witnessed on the e-bike market, with a significant increase in e-bike sales observed in 2020 (with the trend expected to continue in 2021 as well). Asia Pacific is expected to be the largest market for e-bikes during the forecast period. In this region, India, Japan, South Korea, and Taiwan are potential markets owing to the increasing e-bike sales in these countries. The mountain e-bike is expected to account for a significant share of the ebike market during the forecast period due to its robustness and high-performance design. Class I e-bike is expected to be the largest market during the forecast period as countries such as China, Japan, South Korea, and Taiwan allow only class-I e-bikes as they are without throttle assist and have a maximum speed of 25 Km/h.

Report Scope of the E-Bike Market

Report Scope Details
Market Size USD 82.7 Billion by 2027
Growth Rate CAGR of 12.9% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Historic Data 2017 to 2020
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered By class, by mode, by speed, by motor Type, by component, by usage, by ownership and region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned  Accell Group N.V., Pon.Bike, Merida Industry Co., Ltd., Giant Manufacturing Co., Ltd., and Yamaha Motor Corporation..

Regional Insights:

Rising E-bike Sales to Augment Growth in North America

In 2020, Asia Pacific was worth USD 8.72 billion, with China accounting for the majority of the market share. The dominance is ascribed to factors such as substantial cycling infrastructure in established and emerging nations such as China and Japan, high automobile and public transport congestion, and growing stringency of pollution laws for e-bikes.

The market in Europe is projected to develop significantly. In July 2021, the Heinrich-Böll-Stiftung European Union released the second edition of the European Mobility Atlas. According to the research, electric moped producers and parts are operating in 23 of the EU’s 27 member nations. Roughly 900 small and medium companies (SMEs) employ around 120,000 people and invest more than one billion euros in research and development. The market in North America is also projected to develop rapidly. According to NABSA, the number of bike-share systems that use electric bikes has grown from 28% in 2019 to 44% in 2020. Several cities, including Washington, D.C., New York, and San Francisco, have reduced speed restrictions, blocked automobile lanes, and built dedicated bike lanes. The rise in electric moped sales can be ascribed to these causes.

Download This Full Research Report, Click Here@ https://www.novaoneadvisor.com/report/checkout/5850

Recent report on the E-Bike market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the E-Bike market analyzes the scenario for the period of 2017 to 2027, wherein, 2021 is the base year and 2020 is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global E-Bike market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.

The report analyzes the historical and present-day scenario of the global E-Bike market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the E-Bike market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the market.

The report delves into the competition landscape of the global E-Bike market. Key players operating in the market have been identified and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the E-Bike market that are profiled in this report.

Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments are provided in the report. The E-Bike market is analyzed at both regional and country levels.

Some of the prominent players in the E-Bike Market include: Accell Group N.V., Pon.Bike, Merida Industry Co., Ltd., Giant Manufacturing Co., Ltd., and Yamaha Motor Corporation.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

Electric Bike Market By Class

  • class-I
  • class-II
  • class-III

Electric Bike Market, By Speed

  • up to 25 km/h
  • 25-45 km/h

Electric Market, By Battery Type

  • lithium-ion
  • lithium-ion polymer
  • lead acid
  • and others

Electric Bike Market, By Motor Type

  • Hub
  • mid

Electric Bike Market, By Mode

  • pedal assist
  • throttle

Electric Bike Market, By Components

  • Batteries
  • electric motors
  • frame with fork
  • wheels
  • crank gears
  • brake systems
  • and others

Electric Bike Market, By Usage

  • mountain/trekking
  • city/urban
  • cargo
  • and others

Electric Bike Market, By Ownership

  • Shared
  • personal

 Research Methodology

A unique research methodology has been utilized to conduct a comprehensive research on the growth of the global E-Bike market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global E-Bike market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.

Key Questions are

  • What are the key factors influencing the E-Bike market in each region?
  • How much value will the global market generate by the end of the forecast period?
  • What will be the CAGR of the global market between 2021 and 2027?
  • What would be the Y-o-Y growth trend of the global market between 2021 and 2027?
  • What is the future scope and current trends in technologies of the global market?
  • What is the revenue of the global market based on segments?
  • Which key strategies are used by top players of the global market?
  • Which are the leading companies in the global market?
  • What are the essential strategies by key stakeholders in the market to expand their geographic presence?
  • What are the major advancements witnessed in the global market?

 Why Buy this Report?

The purpose of Nova one advisor’s E-Bike market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

You Can Purchase Complete Report@ https://www.novaoneadvisor.com/report/checkout/5850

About Us

Nova One Advisor is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Nova One Advisor has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@novaoneadvisor.com

Web: https://www.novaoneadvisor.com/

 

Leave a Reply

Your email address will not be published. Required fields are marked *

back to top