Yamaha Is One Of The Largest Players In The Electric Bikes Market, According To The Business Research Company’s Electric Bikes Market Global Report 2020-30: COVID 19 Implications And Growth
(Companies Covered: Yamaha Motor Corporation, Giant Manufacturing Co., Ltd, Accell Group N.V , Trek Bikes, Mahindra & Mahindra Ltd., BionX International Corporation., JIANGSU XINRI E-VEHICLE CO., LTD., Robert Bosch GmbH, Derby Cycle Holding GmbH, Panasonic Corp, Samsung SDI Co., Ltd)
The global electric bikes market is expected to grow from $18.88 billion in 2019 and to $19.17 billion in 2020 at a growth rate of 1.54%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $24.52 billion in 2023 at rate of 8.56%.
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The electric bikes market consists of sales of electric bikes and related services for transportation purposes. The electric bike has an integrated electric motor, pedals and rechargeable batteries for forwarding propulsion. Rechargeable batteries vary according to the voltage, total charge capacity (amp hours), weight. Depending upon motor and rechargeable battery used in E-bikes, their prices vary accordingly.
Global Electric Bikes Market Segmentation –
The electric bikes global market report is segmented:
1) By Battery Type: Li-ion, Lead Acid, Others
2) By Motor Type: Hub Motor, Mid Motor, Others
Global Electric Bikes Market Driver –
Government subsidy on the sale of e-bikes is acting as a major growth driver for the e-bike market. E-bikes have an integrated electric motor and rechargeable batteries that reduce pollution by eliminating carbon dioxide emissions in the environment. Therefore, various government and non-governmental agencies are augmenting the sales of electric bikes by providing incentives and subsidies on the purchase of e-bikes. Thus, government subsidies and incentives are increasing the growth of the e-bikes market.
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Few Points From The Global Electric Bikes Market TOC
1. Executive Summary
2. Electric Bikes Market Characteristics
3. Electric Bikes Market Size And Growth
3.1. Global Electric Bikes Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Electric Bikes Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Electric Bikes Market Segmentation
5. Electric Bikes Market Regional And Country Analysis
5.1. Global Electric Bikes Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Electric Bikes Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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