The report on the global electric
bike market covers the annual demand and sales of various product
segments namely, electric scooters, electric motorcycles and pedelecs
(electric bicycles). Furthermore, the demand for different batteries
such as Li-ion, NiMH and lead based batteries is also covered with
inference and analyses. There are different technologies adopted by
the manufacturers of electric scooters, electric bicycles and
pedelecs, such as plug-in and battery that are also within the scope
of the global electric bike market report.
The division of the market for electric
vehicles on the basis of region is not spread uniformly. Electric
vehicles are gaining popularity in North America. Less availability
of fuel and natural resources are the major reasons supporting the
demand for electric bikes and vehicles in the region. Moreover,
rising awareness among consumers regarding health issues is also a
major trend identified in the North America electric bike market
A recent trend observed in the electric
bike market is an increase in the adoption of electric bikes. With
the government focussing on electro mobility and pollution reduction,
zero emission vehicles are being increasingly promoted through
attractive incentives. This has led to an enhanced focus on electric
bikes and thus, a significant increase in the sales of electric bikes
is expected over the forecast period
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Consumers are faced with the dilemma of
choosing between conventional vehicles and electric vehicles. Though
it has been predicted that petroleum reserves will dry up in a couple
of decades due to the current rate of consumption, consumers still
see conventional vehicles as the better option, due to the higher
flexibility and practicality they offer over electric scooters. This
has led automobile manufacturers to develop a vehicle offering the
benefits of both – a conventional and pure electric vehicle known
as plug-in electric scooter. These kind of vehicles come with an
internal combustion engine and rechargeable batteries to propel the
vehicle
Leading manufacturers of electric bikes
are involved in the manufacturing of cost-effective and lightweight
vehicles to improve the overall performance of vehicles. Compact
bicycle frames, whether they fold or not, are some of the most
diverse, light-weight and easily handled electric bikes in the market
Preference for electric vehicles over
conventional vehicles in Japan is one of the key trends identified in
the market. Japan recorded the highest sales of hybrid electric
vehicles in 2015, more than double the sales in the United States.
Electric bikes are gaining popularity in Japan. Moreover,
environmental and health-related benefits associated with electric
bikes are expected to be a major factor boosting the demand for
electric bikes as compared to conventional bikes
Consumers in various countries of the MEA
region are focussing on the adoption of electric vehicles owing to
their significant health-related benefits. Moreover, provision for
separate lanes for electric vehicles in South Africa is expected to
be a key factor responsible for the adoption of electric bikes in the
country
The report on the global electric bike
market presents a detailed analysis of the key players involved in
the market. The report highlights all tier companies such as ECCITY
Motorcycles, Hero Electric Vehicles Private Limited, Gogoro Inc.,
GOVECS GmbH, Vmoto Limited, Honda Motor Co. Ltd., Piaggio & C.
SpA, Terra Motors Corp., Bayerische Motoren Werke AG, Jiangsu Xinri
E-Vehicle Co. Ltd., Giant Manufacturing Co Ltd., Emotion Bikes USA,
Pedego Electric Bikes, Volt, Energica Motor Company S.p.A., Amego
Electric Vehicles Inc., Zero Motorcycles, Inc., Mahindra Genze, Derby
Cycle and Accell Group.
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