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• Electric Bike (E-bike) Market to Reach USD 10.90
  Billion by 2027 Increasing Usage of Bike-
  sharing Transportation will Boost Growth Fortune
  Business Insights
• Electric Bike (E-bike) Market to Exhibit
  8.4 CAGR till 2027 Government Initiatives
  to Lower Emissions to Bolster Growth, states
  Fortune Business Insights
• The global electric bike (e-bike) market
  is set to gain impetus from the rising trend of
  bike-sharing mode of transportation. It helps in
  surging the driving distance and lowering the
  energy required by the rider. Fortune Business
  Insights provided this information in a new
  study, titled, Electric Bike (E-bike) Market
  Size, Share Industry Analysis, By Battery Type
  (Lead Acid, Lithium ion, Nickel-Metal Hydride and
  Others), By Propulsion Type (Pedal Assist and
  Throttle) and Regional Forecasts, 2020-2027.
  The study further mentions that the e-bike market
  size was USD 10.05 billion in 2019 and is
  projected to reach USD 10.90 billion by 2027,
  exhibiting a CAGR of 8.4 during the forecast
  period.
• Request a Sample Copy of the Research Report
• https//www.fortunebusinessinsights.com/enquiry/sa
  mple/electric-e-bike-market-102022
• COVID-19 Compelling Manufacturers to Change
  Designs of E-bikes
• The COVID-19 pandemic has disrupted the supply
  chain of those companies who used to purchase
  vital components from China. Lithium and cobalt
  required for the production of e- bikes are
  available mainly in China. Hence, several
  companies are trying to reduce their
  dependence on one country. Some of them are also
  changing the designs of the vehicles. This
  pandemic is, thereby, set to decline the
  demand for the product. We are providing
  detailed research reports for helping you
  understand the current scenario.
• To get to know more about the short-term
  and long-term impact of COVID-19 on this
  market,
• For more information visit https//www.fortunebu
  sinessinsights.com/electric-e-bike-market-102022
  This Report Answers the Following Questions
• What are the opportunities challenges for new
  entrants?
• Who are the prominent vendors present in the
  global market?
• Which segment would provide the most opportunity
  for market growth?
• Where will the current developments take the
  industry in the long term?
• Drivers Restraints-

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• The developing nations across the globe are
  facing traffic congestions on a regular basis.
  The surging number of vehicles in these nations
  is further causing an insufficient existing road
  infrastructure. Therefore, the governments
  are taking several initiatives to lower
  this congestion that is not only affecting a
  persons professional life, but also personal
  life. They are promoting the usage of e-bikes for
  transportation. This can further help in reducing
  the number of taxis and private cars on the road.
  However, as e-bikes are operated by batteries,
  they may have numerous technical issues, such as
  quick discharge of batteries. This factor may
  hamper the electric bike market growth in the
  near future.
• Segment-
• Lithium-ion Segment to Lead Fueled by Possession
  of Beneficial Properties
• Based on battery type, the lead acid segment
  earned 31.3 in terms of electric bike market
  share in 2019. The segment is anticipated to
  exhibit a lower growth in the coming years stoked
  by the implementation of strict rules by the
  regulatory bodies of various countries for their
  usage. These batteries release harmful gases that
  may impact the environment. The lithium-ion
  segment, on the other hand, would dominate owing
  to their possession of multiple beneficial
  properties.
• Regional Analysis-
• Asia Pacific to Retain its Dominant Position
  Backed by Contribution of China
• Geographically, in 2019, Asia Pacific held USD
  8.47 billion in terms of revenue. The region is
  set to dominate throughout the forthcoming years
  on account of the major contribution of China.
  The country is a prominent consumer and
  producer of electric bicycles. Europe is
  expected to remain in the second position
  stoked by the presence of stringent vehicular
  emission standards imposed by the ruling bodies.
• Quick Buy - Electric Bike (E-bike) Market
  Research Report https//www.fortunebusinessinsigh
  ts.com/checkout-page/102022 Competitive
  Landscape-
• Key Players Focus on Launching Innovative
  Products to Strengthen their Positions
• The companies operating in the market
  are constantly conducting research and
  development activities to create
  state-of-the-art e-bikes. As more countries
  are inclined towards saving energy, these
  products are in high demand. Below are two
  most recent industry developments
• September 2020 Atumobile Pvt. Ltd., an electric
  vehicle startup headquartered in Hyderabad,
  India, recently launched its electric bike named
  Atum 1.0. Its base price

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• is Rs 50,000. The bike is approved
  by International Centre for Automotive
  Technology (ICAT) and doesnt require a driving
  license or registration.
• August 2020 Detel, a consumer electronic
  brand based in Delhi introduced Detel Easy,
  its cheapest electric two-wheeler priced at Rs
  19,999. It is equipped with a 48V 12AH LiFePO4
  battery that delivers 60 km at full charge.
• Fortune Business Insights lists out the
  names of all the electric bike
  manufacturers operating in the global market.
  They are as follows
• Giant Bicycles (Taichung City, Taiwan)
• Energica Motor Company (Modena, Italy)
• Accell Group (Heerenveen, Netherlands)
• Robert Bosch GmbH ( Gerlingen, Germany)
• Derby Cycle Holding Gmbh (Cloppenburg, Germany)
• Pedego Electric Bikes (California, United States)
• Panasonic Corporation (Osaka, Japan)
• Mahindra Mahindra ltd (Mumbai, India)
• Trek Bicycle corporation (Wisconsin, United
  States)
• Bionx International Corporation (Ontario, Canada)
• Shimano Inc (Osaka, Japan)
• Have Any Query? Ask Our Experts
• https//www.fortunebusinessinsights.com/enquiry/sp
  eak-to-analyst/electric-e-bike-market- 102022

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