E-bike Market worth $38.6 billion by 2025 - PowerPoint PPT Presentation

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E-bike Market worth $38.6 billion by 2025


E-bike Market by Class, Battery Type (Lithium-ion, Lithium-ion polymer, Lead Acid), Motor Type (Mid, Hub), Mode (Throttle, Pedal Assist), Usage, and Region (Asia Pacific, Europe, North America) - Global forecast to 2025 – PowerPoint PPT presentation

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Title: E-bike Market worth $38.6 billion by 2025

MarketsandMarkets Presents

E-bike Market worth 38.6 billion by 2025
 "E-bike Market by Class, Battery Type
(Lithium-ion, Lithium-ion polymer, Lead Acid),
Motor Type (Mid, Hub), Mode (Throttle, Pedal
Assist), Usage, and Region (Asia Pacific, Europe,
North America) - Global forecast to 2025" The
global e-bike market is projected to grow at a
CAGR of 9.01 from USD 21.1 billion in 2018 to
USD 38.6 billion by 2025. The major factors
driving the growth of the e-bike market are
increasing concerns about traffic congestion,
rapid urbanization, government initiatives to
reduce emission levels, and growth of the bicycle
tourism industry. An electric bike, often known
as e-bike, has an electric motor aligned to the
pedal for propulsion. These bicycles use
chargeable batteries of different capacities.
E-bikes are equipped with a mid or hub motor and
can be classified on the basis of the power of
the electric motor. Pedal assist and
throttle-on-demand are the two different modes of
electric bikes. Get The PDF Brochure For This
Report https//www.marketsandmarkets.com/pdfdown
loadNew.asp?id110827400 Browse 48 market data
Tables and 42 Figures spread through 147 Pages
and in-depth TOC on "E-bike Market
Class-I is the largest segment of the e-bike
market Class-I e-bikes are the most widely used
e-bikes across the globe. These e-bikes are
equipped with a motor that provides assistance
only when the rider is pedaling and stops
providing assistance when the bicycle reaches 20
mph. These e-bikes can operate on any paved
surface. Class-I segment is expected to hold the
largest share of the e-bike market as this e-bike
category meets the e-bike laws and regulations of
most of the countries. Class-III is the fastest
growing segment during the forecast period The
class III e-bike segment is expected to be the
fastest growing market during the forecast
period. This class is popular among the
youngsters as it offers higher speed than the
other two classes i.e class-I and class-II. Also,
this e-bike segment is expected to help replace
cars with bikes across the globe. Class-III
e-bikes, which are also called speed
pedal-assisted e-bikes, are equipped with a motor
that provides assistance only when the rider is
pedaling and stops providing assistance when the
bicycle reaches 28 mph. Operators of Class-III
e-bikes must be 16 years or older and wear a
helmet. Class-III e-bikes are prohibited from
entering Class-I multi-use bike paths unless
specifically authorized by a local
ordinance. Request Sample Pages of the
Report https//www.marketsandmarkets.com/requests
Asia Pacific China is expected to lead the Asia
Pacific region by 2025 The Asia Pacific region
is estimated to be the largest e-bike market by
2025. The region comprises some of the fastest
developing economies of the world such as China
and India. The governments of these developing
economies have recognized the growth potential of
electric two-wheelers and, hence, have taken
several initiatives to attract major OEMs to
manufacture electric two-wheelers in their
domestic markets. For instance, the Government of
India announced financial support and a scheme
called Faster Adoption and Manufacturing of
Hybrid and Electric Vehicles (FAME). Under the
scheme, there is a subsidy of up to INR 22,000
for electric scooters/e-bikes. Government
promotions and schemes have led to an increase in
sales of electric two-wheelers over the years.
The governments of many countries in the Asia
Pacific region are focusing on electric bikes.
For instance, Chinas e-bikes have gained
popularity in the European market due to their
good quality and technological edge. Dont
miss out on business opportunities in E-bike
Market. Speak to our analyst and gain crucial
industry insights that will help your business
Leading OEMs have established their
manufacturing facilities in the Asia Pacific
region to cater to the rising demand for
passenger cars. This would subsequently push the
demand for e-bike market in the region. Yamaha
Motor Corporation (Japan), Giant Manufacturing
Co., Ltd (Taiwan), Accell Group N.V
(Netherlands), Aima Technology Group Co., Ltd
(China), and Yadea Group Holdings Ltd (China) are
the leading players in the e-bike
market. https//www.marketsandmarkets.
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