E-Bikes Market Share, Trend & Growth Forecast to 2027

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E-Bikes Market Growth Analysis Forecast
Report 2022-2027
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• Industry Insights

• A research study conducted by Global Market
  Insights, Inc., suggests that E-Bikes Market is
  likely to exceed the 50 billion mark by 2027, in
  terms of revenue.
• The e-bikes market is projected to expand at a
  sturdy pace through 2027 owing to rising
  government initiatives to promote the adoption of
  e-mobility in key regions globally. E-bikes or
  electric bikes refer to bicycles that are
  equipped with several electrical components,
  including a controller, a motor, and a battery.
  These bicycles are designed to enhance human
  power while giving a more effortless commute
  experience as compared to regular bikes.
• The e-bikes market has been segmented based on
  sales channel, product, propulsion type, battery,
  motor, and region. With respect to product, the
  market has further been classified into
  city/urban bike, cargo bike, and trekking bike.

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• The e-bikes market has been segmented based on
  sales channel, product, propulsion type, battery,
  motor, and region. With respect to product, the
  market has further been classified into
  city/urban bike, cargo bike, and trekking bike.
• The cargo bike sub-segment is estimated to expand
  at a CAGR of more than 10 over the projected
  timeline. Rising focus of courier companies on
  sustainable mobility solutions to deliver
  packages would boost e-bike sales in North
  America, which is likely to drive segmental
  growth over the forthcoming period.
• From the viewpoint of battery, the e-bikes market
  has been segregated into NiMH, SLA, and
  lithium-ion. The SLA sub-segment is set to
  witness optimistic growth through the assessment
  timeline owing to the low price and wider
  availability of SLA batteries.
• On the basis of motor, the e-bikes market has
  been bifurcated into mid motor and hub motor. The
  mid motor sub-segment is slated to garner a
  considerable valuation by 2027 on account of
  several advantages offered by mid motor, such as
  higher torque generation and faster response.

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• Regional Analysis

• The Latin America e-bikes market is projected to
  gain substantial traction through the forecast
  period owing to rising fuel prices in LATAM,
  along with surging availability of e-bikes
  through e-commerce platforms in the region.

• Competitive Analysis

• Alta Cycling Group
• Aventon
• Electric Bike TechnologiesInc.
• Giant Manufacturing Co.Ltd.
• Lectric eBikes
• Nakto EBikes
• PedegoInc.
• Schwin (Pacific Cycles Inc.)

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