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Pedelec market: Growing demand for eco-friendly transportation
Mobility plays a vital role in present-day society. In addition, various fuel-driving modes of transportation contribute significantly to the environmental damage. Therefore, there is a growing need for environmental stewardship, which propels the demand for eco-friendly modes of transportation such as pedelecs. Pedelecs are gradually becoming the bicycle of the future. These are not only eco-friendly and reliable, but, have also emerged as recreational modes of transportation integrating the fun of cycling with the advantages of automobiles. In addition, pedelecs are noiseless, emission-free, promote health, require minimal space for parking, and incur significantly low running and maintenance costs. Thus, these advantages are leading these bikes to gain immense popularity across the world, in turn, driving the growth of the market during the forecast period.
"The increasing on-road time for commuters and reducing cost of lithium-ion batteries will further boost market growth during the forecast period", says a senior analyst at Technavio.
Key Questions Answered in the Report:
- Which are the leading segments in the pedelec market?
- What are the major challenges inhibiting the pedelec market growth?
- What are the key trends and opportunities to be explored in the market?
- Who are the major vendors, and what are their key offerings in the pedelec market?
Find more details on the pedelec market:
https://www.technavio.com/report/pedelec-market-industry-analysis
Leading Pedelec Market Participants
Accell Group NV
Accell Group NV offers powerful new speed pedelec such as D BURST M11, D BURST MET, and other pedelecs.
BH BIKES EUROPE SL
BH BIKES EUROPE SL offers bicycles such as iLYNX RACE CARBON 8.0 LT, iLYNX RACE CARBON 8.2 LT, and other pedelecs.
Derby Cycle Holding GmbH
Derby Cycle Holding GmbH offers bicycles under the brands such as Kalkhoff, focus, Raleigh, and other pedelecs.
Get more insights about the global trends impacting the future of the pedelec market, Download FREE Sample @
https://www.technavio.com/talk-to-us?report=IRTNTR70388
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/pedelec-market-industry-analysis
SOURCE Technavio
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