Global E-Bike Market is growing with factor such as increasing growth in cycling tourism; high traffic congestions in urban cities are increasing the demand for e-bikes globally. There is increase in the demand of greener and cleaner mode of transportation which is boosting the global e-bike market. .
E-bike market has shown an exceptional penetration in countries such as China, U.S. and Germany. Enabling government regulations is increasing the penetration in developed countries. In developing countries, technological advancement for better battery performance is creating opportunity for the global e-bike market.
According to Data Bridge Market Research, the market for e-bike in Asia-Pacific region has the highest market share followed by Europe and North America. Market leader is Giant Bicycles which accounts an estimated market share of approximately 8% to 12% in the Asia-Pacific region. The company has gained outstanding sales through their e-bike products and some of the products includes Fastroad E+ EX PRO, Anytour E+, Dailytour E+, EASE-E+, Entour E+, Road E+ PRO, Fastroad E+, Quick E+, Anytour E+, Dailytour E+, Toughroad E+ GX. For instance, In March 2020, Gocycle, a brand of Karbon Kinetics Ltd joined hands with Fully Charged; a company specialized in e-bikes. The partnership will provide e-bikes to the NHS staff in London’s hospital. The new partnership will increase the customer base of the company.
Now the question is which are the other regions that Giant Bicycles, Accell Group and WUXI YADEA EXPORT-IMPORT CO.,LTD. are targeting? Data Bridge Market Research has estimated a large growth in North America e-bike market and the market leaders targeting the U.S., Canada and Mexico to be their next revenue pockets for 2020.
The e-bike market is becoming more competitive every year with companies such Giant Bicycles, Accell Group and WUXI YADEA EXPORT-IMPORT CO.,LTD. as they are the market leaders for e-bike market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the e-bike market.
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Global e-bike market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, Taiwan, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of e-bike companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-e-bike-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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