E-Bike Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022.

An e-bike, electric bicycle, or power bike is incorporated with an electric motor which assists the propulsion of the rider’s pedal. The context of elevating concerns regarding harmful emissions, increasing fuel process, and depleting resources of fossil fuels has created a potential market for e-bikes worldwide. Market Research Future (MRFR) has recently published an exhaustive study on the global e-bike market which has been compiled after a thorough analysis of the pertinent factors that can affect the trajectory of the market over the forecast period of 2017-2022. MRFR's analysis has inferred that the e-bike exports will witness sales at 4% annually after 2022.

Progress in technology has led to the development of improved e-bikes with higher average speed and lighter rechargeable batteries. Improvements in material technology have further led to lighter and stronger frames, which have helped e-bikes garner accolades. They are increasing, replacing fossil fuel powered bikes in various countries.

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Market Segmentation:

MRFR's segmentation of the market divides it on the basis of type, battery frame material, consumer group, design, and region. Types of e-bikes have been segmented into pedal assist, throttle control, and others.

Battery types used in e-bikes include sealed lead-acid, lithium ion, and others.

Frame material for e-bikes have been segmented into carbon steel, aluminium, aluminium alloy, carbon fiber, and others.

Consumer groups targetted in the market have been segmented into men, women, and children.

Designs of e-bikes have largely been segmented into foldable, and non-foldable.

Regional Analysis:

The European market is expected to make a significant impact on the global e-bike market due to the high presence of bike riders in the region and the growing adoption of e-bikes by consumers in the region. Europe has highly supportive laws regarding environmentally conscious products and as such are promoting the adoption of e-bikes.

The North American market is also significant due to the high traffic congestion in large cities present in the region. These cities are looking for alternative methods which are convenient and do not add to the existing problem. Moreover, the demand for environmentally conscious modes of transport are increasing sales of e-bikes.

Key Players:

MRFR's analysis of the market includes the study of the competition in the market and the strategies that they use. Pedego, Easy Motion Electric Bikes, Stromer, Jiangsu Xinri E-Vehicle Co. Ltd, Panasonic, Yadea Technology Group Co. Ltd, BTS machinery Co., Ltd, Derby Cycle AG, and Accell Group are among the prominent market players that have been included in the report.

Latest Industry News:

E-bike service from the US, Lime is expanding operations to London.

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