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E-Bike Market Valued at USD 59.42 Billion in 2023, Projected to Grow to USD 134.69 Billion by 2030 with a 12.4% CAGR

08-23-2024 10:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

E-Bike Market

E-Bike Market

Anticipated Growth in Revenue:

E Bike Market size was valued at US$ 59.42 Billion in 2023 and the total E Bike Market revenue is expected to grow at 12.4% through 2024 to 2030, reaching nearly US$ 134.69 Billion.

E Bike Market Overview:

A bicycle equipped with an electric motor drive mechanism and a battery that produces energy to exert or assist propulsion is called an electric bicycle. From electric bikes with small motors that assist the rider's pedaling power, more powerful electric bikes that generate electricity and drive the bike entirely on gas are available all over the world. Electric bicycles are a versatile, environmentally friendly and fashionable means of transportation. Customers see them as viable alternatives to scooters, smart cars, and public transport. Due to the small size of the electric bicycle, it can alleviate traffic congestion, and at the same time, achieve high speed with less effort and enjoy the health benefits of walking. Due to these factors, e bike market growth is gaining atraction over the world.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/E-Bike-Market/301

What are E Bike Market Dynamics?

The e bike market became valued at $41.85 billion in 2020 and is anticipated to grow at a 12.4% CAGR (Compound Annual Growth Rate) throughout 2021 to 2027. Pedal-assisted electric powered bicycles ruled the market through the period. They managed 88.36% of the worldwide marketplace. By software kind, city e-motorcycles ruled the marketplace. Up to one hundred thirty million electric powered bicycles (the use of all battery technologies) are anticipated to be bought globally among 2020 and 2023. E-bikes income are anticipated to attain forty million gadgets global through 2023, producing approximately $20 billion in revenue.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/E-Bike-Market/301

What is E Bike Market Regional Insight?

In China, the common charge of an electric powered bicycle with lead-acid batteries is $167. According to Chinese Sustainability Survey, e-motorcycles in North America fee a mean of $815, even as the ones in Western Europe fee a mean of $1,546. China dominates the worldwide marketplace, with estimates indicating that 83% of all e-motorcycles are offered on this Asian country. According to authorities estimates, there have been a hundred and eighty million e-motorcycles at the streets of China in 2013, that is considerably greater than everywhere else withinside the world.

What is E Bike Market Segmentation?

by Product

Pedelecs
Throttle on Demand
Scooter & Motorcycle

by Battery Type

Lead-acid
Lithium-ion (Li-ion)
Nickel-metal hydride (NiMh)



by Drive Mechanism

Hub Motor
Mid Drive


๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/E-Bike-Market/301

Some of the current players in the E Bike Market are:

Yamaha Motor Company (Japan)
Giant Manufacturing Co. Ltd. (Taiwan)
Accell Group N.V. (Netherlands)
Aima Technology Group Co. Ltd. (China)
Yadea Group Holdings Ltd. (China)
Pedego Electric Bikes (USA)
Merida Industry Co. Ltd (Taiwan)
Trek Bicycle Corporation (USA)
Specialized Bicycle Components, Inc. (USA)
BH BIKES (Spain)
Derby Cycle (Germany)
FRITZMEIER (Germany)
Klever Mobility (Netherlands)

Key Offerings:

Past Market Size and Competitive Landscape
E Bike Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
E Bike Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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