Global E-Bike Market: Analysis & Forecast 2020 to 2027
Global E-Bike Market by Product Type(Pedal Assist e-bike, Throttle on Demand e-bike, Speed Pedelec e-bike, Motorcycle e-bike), By Battery Type (Lithium-ion, Lithium-ion polymer, Lead Acid), By Motor Type (Hub Motor, Mid Motor, Friction Drive Motor and Others). By Controllers (Brushed motor, Brushless motor), By Application (Urban City, Trekking/Mountain bike, Sport bike, and others), and Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa) - Global forecast from 2020 to 2027
Brushless motor. The brushless motor segment has created demand in the market due to high torque applied initially, which improves the speed of e-bikes and reduce stress on pedaling.
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Application Type Overview in the E-bikes market
Based on the Application, the global E-bikes Market classified into Urban City, Trekking/Mountain bike, Sports-bike, and others. Trekking/ mountain bike majorly captured the market share of e-bikes in 2019. Recreational activities like trekking, racing is preferred by the riders who prefer adventure and fitness of the body.
Regional Insights Overview in the E-bikes market
Based on the region, the Global E-bikes market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is anticipated to generate maximum revenue in the global E-bikes market. Owing to, promote an environment-friendly vehicle with new technology, and a reduction in the price of the battery is likely to increase significant growth areas in different regions.
Companies such as Yamaha Motor Corporation, Giant Manufacturing Co., Ltd, Accell Group N.V, Aima Technology Group Co., Ltd, Yadea Group Holdings Ltd, Pedego Electric Bikes, Merida Industry Co. Ltd, X- Treme, IZIP e-bikes, Specialized Bicycle Components, Rad power bikes, Riese & Muller and others the key players in the Global E-bikes market.
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Last Update : Feb 18, 2020
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