An exciting new study from the team of Lucintel found that electric bicycle market is expected to reach $25.4 billion by 2025 with a CAGR of 13.9%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The electric bicycle market is segmented based on bicycle type, propulsion type, usage type, motor type, battery type, and region. In this market, cargo e-bike is expected to remain the largest bicycle type, and travelling segment is expected to remain the largest usage type. Players can benefit from the available opportunities like increasing usage of bicycles as a sustainable mode of transportation.
The development of luxury folding e-bikes and high tech electric bike with smartphone integration are emerging trends having impact on dynamics of the industry.
Giant Manufacturing, Accell, Merida Industry, Pedego Electric Bikes, Ideal Bike, Leder 96, Cannondale, BH Bikes, Zhonglu, and Prodeco Tech. are some of the major players profiled in this 217 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high growth opportunities for the electric bicycle market by bicycle type (cargo, fat tire, mountain, standard, and others), by propulsion type (pedal assisted electric bicycle and throttle on demand electric bicycle), by usage type (traveling, social, exercise, and others), by motor type (hub motor, mid drive, and others), by battery type (lead acid, lithium acid, nickel metal hydride, nickel cadmium, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the electric bicycle market?
Q.4 What are some changing demands of customers in the electric bicycle market?
Q.5 What are the new developments in the electric bicycle market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this electric bicycle area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this electric bicycle market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.