E-Bike Market is expected to witness significant to 2025

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E-Bike Market is set to see healthy CAGR during
2019 to 2025 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of E-Bike Market

• Asia Pacific is expected to account for a
  significant size in the e-bikes market over the
  forecast timeframe. This can be credited to
  rising traffic congestion in multiple countries
  across the region. Moreover, the presence of
  multiple e-bike players offering diversified
  models at varied price range further expands the
  e-bike market share over the study timeframe.
  Supporting government initiatives including the
  Faster Adoption and Manufacture of Hybrid and
  Electric Vehicles (FAME) initiative offering
  subsidies and incentives for promoting the sales
  further expands the regional growth over the
  study timeframe.

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• Application Analysis of E-Bike Market
• The absence of a clutch and the non-requirement
  to change gears are providing a positive outlook
  for the e-bike market expansion over the
  projected timeframe. The minimum engagement in
  the bikes by customers enables for easier driving
  over long distance without fatigue. Moreover, the
  absence of complex motors and mechanical
  components contribute towards lower maintenance
  requirements, thereby boosting the e-bikes market
  share over the study timeframe.
• Based on class, the e-bike market is segmented
  into pedal and throttle assisted. The growth in
  the pedal assisted e-bike can be attributed to
  the availability of both pedals and motors for
  assisting in bike riding operations. Moreover,
  the availability of multiple driving mode
  settings including low, medium, and high assist
  depending on the user requirements along with
  minimum usage of electricity further expands the
  segment share. The throttle assisted e-bikes will
  account for a considerable share on account of
  easier riding capabilities along with the ability
  to travel over long distance without feeling
  fatigue.

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Competitive Market Share of E-Bike Market

• Industry participants are continuously investing
  in RD to develop advanced technologies for
  e-bikes with a focus on improving efficiency and
  increase the e-bike market share. For instance,
  in 2018, Yamaha Motor Co., Ltd. introduced a
  600Wh inTube Multi Location battery for
  Electrically Power Assisted Bicycles (EPACS) with
  a focus on improving the overall design
  associated with the e-bikes. Moreover, the dual
  integration including vertical and horizontal
  coupled with lower weight are expected to boost
  the e-bike market revenue.
• Few of the key e-bike market participants include
  Aima Technology Group Co., Ltd., Yamaha Motor
  Corporation, Yadea Group Holdings Ltd., Accell
  Group N.V, Robert Bosch GmbH, Derby Cycles, and
  Giant Manufacturing Co., Ltd. Industry players
  are focusing on innovative new technologies and
  incorporating new features in their vehicles to
  improve their market share.

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