North America Electric Bike (E-Bike) Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the North America Electric Bike (E-Bike) market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the North America Electric Bike (E-Bike) market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the North America Electric Bike (E-Bike) market. We have also focused on SWOT, PESTLE, and Porter’s Five Forces analyses of the North America Electric Bike (E-Bike) market.
Leading players of the North America Electric Bike (E-Bike) market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the North America Electric Bike (E-Bike) market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the North America Electric Bike (E-Bike) market. It also provides useful recommendations for new as well as established players of the North America Electric Bike (E-Bike) market.
North America Electric Bike (E-Bike) Market was valued at USD 2631.44 million in 2021 and is expected to reach USD 6523.78 million by 2029, registering a CAGR of 11.00% during the forecast period of 2022-2029. Lithium-Ion accounts for the largest battery type segment in the respective market owing to the as these batteries are batteries are smaller in size, long-lasting. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Key Players Mentioned in the North America Electric Bike (E-Bike) Market Research Report:
Accell Group (Netherlands), Derby Cycle (Germany), JIANGSU XINRI E-VEHICLE CO.,LTD. (China), Karbon Kinetics Ltd (UK), ITALJET SPA (Italy), Riese Müller GmbH (Germany), M1-Sporttechnik (Germany), F.I.V. E. Bianchi S.p.A. (Italy), Kawasaki Motors Corp., U.S.A. (US), WUXI YADEA EXPORT-IMPORT CO.,LTD. (China), Giant Bicycles (Taiwan), Trek Bicycle Corporation (US), myStromer AG (Switzerland) and Specialized Bicycle Components, Inc.(US), among others
The report provides an excellent overview of the main macroeconomic factors having a significant impact on the growth of the North America Electric Bike (E-Bike) market. It also provides the absolute dollar opportunity analysis which can be crucial in identifying revenue generation and sales increasing opportunities in the North America Electric Bike (E-Bike) market. Market players can use the qualitative and quantitative analysis provided in the report to get a good understanding of the North America Electric Bike (E-Bike) market and make strong strides in the industry in terms of growth. The overall North America Electric Bike (E-Bike) market size and that of each segment studied in the report are accurately calculated based on various factors.
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North America Electric Bike (E-Bike) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Government Initiatives
The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of electric bike (e-bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.
Consumer Inclination towards Electric bikes
The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.
Tourism Sector
Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (e-bike) market.
The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.
Opportunities
Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of e-bike market.
Based on North America Electric Bike (E-Bike) Market Segmentations
Battery Type
Lithium-Ion
Lithium-Ion Polymer
Nickel Metal Hydride
Lead Acid
Sealed Lead Acid
Others
Hub Motor Location
Mid Drive Hub Motor
Rear Hub Motor
Front Hub Motor
Mode
Pedal Assist
Throttle
Battery Power
Under 750 W
Over 750 W
Class
Class I (Pedal Assist/Pedelec)
Class II (Throttle)
Class III (Speed Pedelec)
Usage
City/Urban
Cruise
Mountain/Trekking Bikes
Racing, Cargo
Others
Global North America Electric Bike (E-Bike) Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2022-2029):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Recent Developments
In February 2020, Specialized Bicycle Components, Inc. launched a new model Turbo Levo SL which will be of mountain usage category and offer light weight built and featured with 29 inch wheel and weighs 9 pounds less than other turbo e-bikes. The new product is expected to increase the product portfolio of the company.
In February 2019, Amego Electric Vehicles Inc. announced its partnership with Gazelle, a European cycle brand. Through this partnership Amego offered the e-bikes of Gazelle in North America. The new partnership has helped both companies in increasing their product portfolio.
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The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.
North America Electric Bike (E-Bike) Market : Key Questions Answered in the Report
-How has the rapidly evolving business environment become an important growth engine for the North America Electric Bike (E-Bike) market?
-What are the underlying macroeconomic factors that impact the growth of the North America Electric Bike (E-Bike) market?
-What are the key trends that constantly shape the growth of the North America Electric Bike (E-Bike) market?
-What are the prominent regions that offer abundant opportunities for the North America Electric Bike (E-Bike) market?
-What are the key differential strategies adopted by key players to control a significant part of the global market share?
Benefits:
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the North America Electric Bike (E-Bike) market circumstances on a regional and country-by-country basis.
- The North America Electric Bike (E-Bike) market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the North America Electric Bike (E-Bike) market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the North America Electric Bike (E-Bike) Market Report
- Part 03: North America Electric Bike (E-Bike) Market Landscape
- Part 04: North America Electric Bike (E-Bike) Market Sizing
- Part 05: North America Electric Bike (E-Bike) Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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