LONDON, Nov. 18, 2014 /PRNewswire/ -- The global market for electric bicycles (e-bicycles) continues to expand with the advent of new technology developments and the increasing affordability and availability of product offerings. Numerous countries in Western Europe and Asia Pacific have developed mature markets due to strong commuter cultures that utilize e-bicycles for transportation purposes. Conversely, e-bicycles still represent an emerging market in North America, as they have largely been treated as a novel type of sporting equipment rather than a vehicle for transportation.
Innovative emerging trends in the e-bicycle market have helped position the industry for increased market growth. Among other trends, combined throttle-control and pedal-assist models, electric cargo bicycles (e-cargo bikes), all-in-one retrofit kits and wheels, 3D-printed bicycles, and the use of e-bicycles in police patrol and various security industries have all contributed to a growing market with strong potential. While China still leads the global e-bicycle market, Western Europe and, to a lesser extent, North America are beginning to increase their market share, largely in terms of e-bicycle revenue. According to Navigant Research, global annual sales of e-bicycles are expected to grow from nearly 32 million e-bicycles in 2014 to over 40 million in 2023 under a base scenario.
This Navigant Research report analyzes the global market for throttle-control and pedal-assist e-bicycles. The study provides a detailed analysis of the market forces, key drivers of growth, and technology associated with e-bicycles. Global market forecasts for annual e-bicycle unit sales and revenue, segmented by region, battery chemistry, and scenario (base and aggressive), extend through 2023. The report also examines government influence on the market for e-bicycles and provides profiles of key e-bicycle manufacturers and suppliers, as well as other market players.
Key Questions Addressed:
What are the key regional trends shaping the market for electric bicycles (e-bicycles)?
Where are e-bicycles most popular and in what direction are current markets moving?
What are the differences in battery chemistries used in e-bicycles?
What types of motors are used in e-bicycles and why?
How much revenue will be generated by e-bicycles during the next 10 years?
How will government regulations influence the global e-bicycle market?
Who are the key suppliers and manufacturers in the e-bicycle market?
Who are the key battery manufacturers competing in the e-bicycle market?
Who needs this report?
Bicycle and component manufacturers
Electric bicycle (e-bicycle) retailers
Independent bicycle dealers
Electric motor manufacturers
Government agencies and municipal planners
Download the full report: https://www.reportbuyer.com/product/2460167/
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