China Electric Scooter Market & Electric Bicycle Industry Forecasts in New Research Reports at ReportsnReports.com
DALLAS, January 14, 2013 /PRNewswire/ --
The "Research on China's Electric Scooter Industry, 2012-2017" and "China Electric Bicycle Industry Report, 2012-2015" reports provide an overview of current as well as future market conditions for electric scooters and bicycles manufactured in China.
Currently, Europe, the United States, Japan and China & Taiwan are the main regions engaged in the development of electric scooters. In fact, European countries, the United States and Japan have paid attention to the social problem of the elderly population for a long time, and have developed electric wheelchairs for the elderly and the disabled who have weak walking ability.
The United States is the largest electric scooter market all over the world and the demand volume accounts for more than 50%; Europe is the second largest market; Japan and China mainland are the emerging markets, and the fast growth rate is worth the attention of the relevant enterprises.
Companies Mentioned in this report include: Feishen Group Co., Ltd., Jinhua ACEME Electric Co., Ltd, Zhejiang Ripu Electronic Science and Technology Co., Ltd., Wisking Electromechanical Product Co., Ltd. and Xuzhou Maston Mobility Co., Ltd.
The information in this report is sourced from the National Bureau of Statistics, China Customs and relevant industry associations and the data covers market scale, supply and demand, market competitions, business performance of key enterprises and their market share and industrial forecast. It provides enterprises with decision-making references. A complete Table of Contents for the report is available @ http://www.reportsnreports.com/reports/214348-research-on-chinas-electric-scooter-industry-2012-2017.html.
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Chinese electric bicycle manufacturers went through a painful ordeal in 2011. The circular for rectifying the electric bicycle industry issued by the Ministry of Public Security, the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, and General Administration of Quality Supervision, Inspection and Quarantine, the rising price of raw materials like lead-acid batteries and the slowly growing demand because of market saturation depressed the electric bicycle industry into low-speed development from a boom in 2010. The output of electric bicycles increased by only 4.8% YoY to 30.96 million units in 2011, with the growth rate slipping by 28 percentage points over 2010. The slow growth almost continued into 2012.
Amid the overall industry downturn, the strong get stronger and the weak fade away, with the acceleration of industry consolidation. The leaders like Yadea, AIMA and Xinri have started to further expand the market share by virtue of their edges in capital, technology, production scale and brand influence, while a large number of small-sized firms see the squeezed market space and plummeting market share and may face merger or bankruptcy. As a whole, the industry also embraces golden opportunity for development, though the majority of enterprises encounter a crisis. Firstly, the quality of such components as batteries and motors needs to be improved, and the energy-saving and environment-friendly features of Chinese electric bicycle products wait to be enhanced. Once these problems are addressed, the enterprises will rid themselves of the intense homogeneous competition, enhance their product profitability and effectively explore the international market; secondly, the uncertainty of domestic industrial policy and the imperfect management system hamper the industry development. As the State improves the management mechanism of the electric bicycle and issues new standards for product quality, the Chinese electric bicycle industry will enjoy huge development space.
The report "China Electric Bicycle Industry Report, 2012-2015" not only introduces the electric bicycle industry in China, Europe, the United States and Japan, but also highlights the electric bicycle business of 28 domestic manufacturers including Jiangsu Yadea, Jiangsu Xinri, AIMA Hi-tech, Shanghai Lima and Shandong Bidewen, etc.
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