E-Bike Market is Set for Strong Growth and Reach Around US$ 27.8 Billion by 2024

1. Global E-Bike Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global E-Bike Market Overview: According to the latest report by IMARC Group, titled “E-Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global e-bike market size reached US$ 19.6 Billion in 2018. An e-bike is a bicycle that consists of electrical components, including motors, batteries and controllers. The electric motor in the bike aids the rider’s pedal-power, which is utilized for propulsion. When the user puts pressure on the pedals of an e-bike, the motor engages and provides a boost to the acceleration. Since it utilizes rechargeable batteries for its functioning and can cover long distances at a single charge, it is not only a cost-effective option but also an environment-friendly means of transportation as compared to other land transports, such as motorcycles and cars. Global E-Bike Market Trends Growing awareness among the masses regarding the benefits of physical fitness is primarily driving the growth of the market. Lifestyle diseases such as diabetes and obesity are proliferating on the global level on account of lack of physical activities and shifting dietary patterns. Consequently, a majority of the population has turned to cycling as a measure to improve their cardiovascular health, enhance aerobic capacity and combat weight gain issues.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Furthermore, the advent of hydrogen-powered bikes and Smart E-Bike Monitoring System (SEMS) is also expected to favorably impact the market growth. On account of the aforementioned factors, the market is projected to reach a value of US$ 27.8 Billion by 2024, growing at a CAGR of around 6% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/e-bike-market/requestsample

5. Report Description and Highlights Report Description Since these bikes rely on pedaling as well as on motors for mobility, they serve as an ideal option for beginners and users with health issues. In line with this, these bikes are also gaining widespread popularity among senior citizens, patients suffering from chronic pain and people with disabilities. Advanced variants with e-assistance services aid people with lower mobility to exercise without adversely affecting their health. Moreover, these bikes utilize rechargeable batteries or solar power to function. Rising awareness regarding the hazardous effects associated with the usage of conventional vehicles has bolstered the uptake of these bikes. Market Segmentation by Mode • • Throttle Pedal Assist On the basis of the mode, the market is bifurcated into throttle and pedal assist. Market Segmentation By Motor Type • • • Hub Motor Mid Drive Others

6. Report Description and Highlights Report Description Based on the motor type, the market has been divided into hub motor, mid drive and others. For more information, click here: https://www.imarcgroup.com/e-bike-market Market Segmentation By Battery Type • • • • Lead Acid Lithium Ion Nickle-Metal Hydride (NiMH) Others On the basis of the battery type, the market has been categorized into lead acid, lithium ion, nickle- metal hydride (NiMH) and others. Market Segmentation by Class • • • Class I Class II Class III

7. Report Description and Highlights Report Description Based on the class, the market is classified into foldable and non-foldable. Market Segmentation By Design • • Foldable Non-Foldable On the basis of the design, the market is classified into foldable and non-foldable. Market Segmentation By Application • • • • Mountain/Trekking Bikes City/Urban Cargo Others Based on the application, the market has been divided into mountain/trekking bikes, city/urban, cargo and others.

8. Report Description and Highlights Report Description Market Segmentation by Region • • • • • Asia Pacific Europe North America Middle East and Africa Latin America On the geographical front, the market has been segregated into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • Accell BionX Robert Bosch GmbH

9. Report Description and Highlights Report Description • • • • • • • • • • • • Yamaha Motor Company Derby Cycle Giant Bicycles Klever Mobility Merida Industry Co. Ltd Samsung SDI Co Continental AG Prodecotech LLC Fuji-ta Trek Bicycle Corporation Pedego Electric Bikes Shimano Browse Related Report Automotive Tappets Market Report: https://www.imarcgroup.com/automotive-tappets-market Automotive Lead-Acid Battery Market: https://www.imarcgroup.com/automotive-lead-acid-battery- market

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12. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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