Electric Bicycle Market 2022 – Industry Advancements, Emerging Trends, Growth Factors and Forecast to 2026

NEW YORK, USA, February 22, 2022 /EINPresswire.com/ — Coherent Market Insights has added a new market research report on “e-bike marketto its vast library of research reports.

This market study on Electric Bicycle Market has been created by market specialists based on an in-depth and unbiased analysis of the market, considering its segmentation and key growth factors. This report includes statistical data on all areas of the Global Electric Bicycle Market including production chain, significant market developments, health benefits and trends.

Health benefits offered by e-bikes:

The health benefits of e-bikes, such as cardiac rehabilitation and weight loss, are likely to drive the market expansion. According to the National Health Service (NHS), exercise-based rehabilitation programs can reduce the risk of death by 25%, and the use of these bikes reduces cardiac workload for patients who already have coronary heart disease. . These bikes help obese patients who cannot exercise to take short breaks from cycling.

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An e-bike, sometimes called an e-bike, is a bicycle that has been converted to include an electric motor that assists the user in pedaling. It has the same fundamental features as a standard pedal bike, but with the added benefit of electric assist. Electric bikes are the most popular electric vehicles in the world, with sales expected to reach 36 million by 2025.

Main key companies:

• Accell Group
• Derby Cycle AG
• Easy movement
• Jiangsu Xinri E-Vehicle Co. Ltd.
•Panasonic
• Pedego
• Stromer and Yadea Technology Group Co. Ltd.
• BionX
•Bosch
• Electric Bike Technologies LLC
• Giant bikes
• GRACE
• Superpedestrian

Key developments:

• Polarity, an e-mobility company, unveiled a range of six high-capacity e-bikes in September 2019. These pedal-assist e-bikes feature a variety of electric motors that allow them to travel at speeds ranging from 40 to 100 kilometers. per hour.
• Giant Bicycles launched the new Reign E+ Pro in August this year. Giant’s latest SyncDrive Pro motor technology and Maestro Suspension setup are featured on this new e-bike.

Market segmentation :

On the basis of battery type, the global e-bike market is segmented into:
• Lead-acid
• Lithium ion (Li-ion)
• nickel metal hydride (NiMH)

On the basis of usage, the global e-bike market is segmented into:
• City/Urban
• Hiking
• Race

On the basis of driver mechanism, the global e-bike market is segmented into:
• Hub motor
• Central engine

On the basis of driver mechanism, the global e-bike market is segmented into:
• Connect
• Battery

On the basis of mode of operation, the global e-bike market is segmented into:
• Battery/pedal operated
• Accelerator control

On the basis of class, the global e-bike market is segmented into:
• Class 1
• Class 2
• Class 3

On the basis of sales channel, the global e-bike market is segmented into:
• OEM
• Sales channel

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Regional Ranking:

The Electric Bicycles market is studied and forecast not only at the global level but also at the regional level. The study focuses on Europe, Middle East and Africa, Asia-Pacific, Latin America and North America, taking a more favorable look at regions where the market is concentrated . The territorial market has an appearance that will help market professionals to understand market factors in various parts of the world.

Research method :

We use a comprehensive research methodology that involves top-down and bottom-up data triangulation, as well as primary research to verify anticipated market estimates. Market size and estimates for various segments at global, regional and country level are based on the most reputable published sources as well as interviews with key stakeholders. The compound annual growth rate (CAGR) of a market is calculated for a certain forecast period based on a number of factors and their relative impact on the market.

Impact of the Electric Bikes Market Report:

• A comprehensive analysis of the potential and growth of the electric bicycle market.
• Latest innovations in the e-bike market and key e-bike events.
• A conclusive analysis of Electric Bicycle Market growth trajectory in forthcoming years.
• In-depth knowledge of the e-bike market including key developments, benefits and drivers.

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