At 19.6% CAGR, Electric Bicycles Market to Reach USD 4160 Million by 2023
Category: #reports  By Ashwin Naphade  Date: 2019-01-17
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At 19.6% CAGR, Electric Bicycles Market to Reach USD 4160 Million by 2023

The Electric Bicycles Market is expected to reach USD 4160 Million by 2023 from USD 1700 Million in 2017, at a CAGR grow of 19.6% over the next five years.

An electric bicycle, also known as an e-bike, power bike or booster bike, is a bicycle with an integrated electric motor which can be used for propulsion. Many kinds of e-bikes are available worldwide, from e-bikes that only have a small motor to assist the rider's pedal-power to somewhat more powerful e-bikes which tend closer to moped-style functionality: all, however, retain the ability to be pedalled by the rider and are therefore not electric motorcycles.

First of all, the growth of the global electric bicycles market is caused by various driving factors such as strict government regulations. emergence of eco-friendly vehicles and the increasing fuel prices attract potential customers.

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Over the next five years, projects that Electric Bicycles will register a 19.6% CAGR in terms of revenue, reach US$ 4160 million by 2023, from US$ 1700 million in 2017.

Second, due to the rising concerns regarding environmental pollution, many governments across the world have implemented several regulations and policies to reduce vehicle emission during the last few years. Global warming has also created a major threat to the environment and human life. Moreover, the emergence of eco-friendly vehicles has also been played a major role in the increasing sales of e-bike. China dominates the electric bicycle market in terms of revenue currently. and Western Europe and North America are beginning to increase their market share of electric bicycles.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • Indiegogo
  • Riel Rider Ebikes
  • Electron Wheel
  • Xiaomi-mi
  • Benelli
  • Haibike
  • Electra Bicycle

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into:

  • Pedal Assist/Pedelecs
  • Power on Demand
  • Pedal Assist with Power on Demand

Split by applications, this report focuses on sales, market share and growth rate of Electric Bicycles in each application, can be divided into:

  • Kids
  • Commuters
  • Professional

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

    To study and analyze the global Electric Bicycles consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

    To understand the structure of Electric Bicycles market by identifying its various subsegments.

    Focuses on the key global Electric Bicycles manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

    To analyze the Electric Bicycles with respect to individual growth trends, future prospects, and their contribution to the total market.

    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

    To project the consumption of Electric Bicycles submarkets, with respect to key regions (along with their respective key countries).

    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

    To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents:

3 Global Electric Bicycles by Players

    3.1 Global Electric Bicycles Sales Market Share by Players

        3.1.1 Global Electric Bicycles Sales by Players (2016-2018)

        3.1.2 Global Electric Bicycles Sales Market Share by Players (2016-2018)

    3.2 Global Electric Bicycles Revenue Market Share by Players

        3.2.1 Global Electric Bicycles Revenue by Players (2016-2018)

        3.2.2 Global Electric Bicycles Revenue Market Share by Players (2016-2018)

    3.3 Global Electric Bicycles Sale Price by Players

    3.4 Global Electric Bicycles Manufacturing Base Distribution, Sales Area, Product Types by Players

        3.4.1 Global Electric Bicycles Manufacturing Base Distribution and Sales Area by Players

        3.4.2 Players Electric Bicycles Products Offered

    3.5 Market Concentration Rate Analysis

        3.5.1 Competition Landscape Analysis

        3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)

    3.6 New Products and Potential Entrants

    3.7 Mergers & Acquisitions, Expansion

4 Electric Bicycles by Regions

    4.1 Electric Bicycles by Regions

        4.1.1 Global Electric Bicycles Consumption by Regions

        4.1.2 Global Electric Bicycles Value by Regions

    4.2 Americas Electric Bicycles Consumption Growth

    4.3 APAC Electric Bicycles Consumption Growth

    4.4 Europe Electric Bicycles Consumption Growth

    4.5 Middle East & Africa Electric Bicycles Consumption Growth

For more information on this report at: https://www.marketstudyreport.com/reports/2018-2023-global-electric-bicycles-consumption-market-report/?utm_source=Marketsizeforecasters.com-SP

Related Report:

 

United States Electric Bicycles Market Report 2017

 

In this report, the United States Electric Bicycles market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

 

https://www.marketstudyreport.com/reports/united-states-electric-bicycles-market-report-2017?utm_source=RR-SP

 

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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