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Riding the Wave of Change: Analyzing the Rapid Growth of India's E-Bikes Market

We all are living in the world of technology. Gradually, technology has upgraded our lives. These days, the utmost of the nation is using e-bikes. The usage of cycle of vehicles is always better for the environment, but an E-bike is the major acceptance of green transportation of the era. Just think of an e-bike in place petrol functioned scooters rather than a normal bike. An e-bike utilizes rechargeable batteries that can travel up to 30 to 50 mph. Consequently, it is faster than the usual cycle to reach your journey's end faster and in better shape. E-bike is a growing industry and projecte

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Riding the Wave of Change: Analyzing the Rapid Growth of India's E-Bikes Market

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  1. E-Bikes Market: Size, Share, Growth, Development and Demand Forecast to 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  2. The size of the e-bikes market was USD 40,664 million in 2022, and it will power at a rate of 10.4% in the years to come, to reach USD 89,736 million by 2030, as stated by P&S Intelligence. The lithium-ion battery category will grow at a rate of 13.9% in the future. The growth of the industry will mostly be as a result of these batteries’ fast charging, safety, approximately 55% lower weight than other batteries, which aids to reduce the weight of the vehicle; high productivity, and long life. The less than or equal to 250 W category will have a considerable rate in the years to come. This is since e-bikes with a power output in this range are extensively employed in cities, accompanied by on rough areas, for example hills and steps, for fitness purposes. Some OEMs that bid ≤250W motors for e-bikes are Brose, Bosch and Shimano. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/e-bike- market/report-sample The e-bikes market is observing the incorporation of smartphones with these bicycles. When combined with an e-bike, the smartphone can offer real-time info associated with speed, rear views, battery status, heart rate, navigation, and other aspects to riders. The increasing levels of pollution in numerous countries, which has become a thoughtful concern for the individuals, has given a boost to the requirement for green-tech-powered vehicles. Numerous nations have set targets to surge the sales of EVs, for example scooters, bikes, and cars, to decrease pollution. Moreover, people make use of pedal-assist e-bikes in excess of other low-speed e- two-wheelers in numerous countries, propelling the sales of e-bikes. Hence, the growing usage of e-bikes because of the concerns of people over ecological and health degradation is snowballing their overall share in the EV sales. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=e-bike-market The increasing populace in cities has led to a surge in the count of daily commuters, thus resulting in enormous traffic jams and roadblocks, particularly in the peak hours. Nations are, consequently, looking to present alternatives for combating this problem. North America will grow at a rate of 14.6% in the years to come. The growth has a lot to do with the increasing preference for these two-wheelers for short- distance traveling and outdoor activities, for example mountain biking. 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  3. The industry is steadily growing, as these sorts of services are accepted by travelers in the U.S., Switzerland, Spain, Germany, and numerous other countries. It is mostly because of the higher convenience offered by shared mobility and the higher speed of e-bikes than unpowered bicycles. Moreover, governments are presenting targets at the city level for the expansion of e-bike fleets, representing a prospect for manufacturers. It is because of the increasing government support and incentives regarding the adoption of e-bikes, is powering the demand for the same to grow considerably in the future. The research offers market size of the Global E-Bikes Market for the period 2017–2030. Market Segmentation by Ownership Shared Personal Market Segmentation by Type Pedal-Assisted Throttle-Assisted Market Segmentation by Battery Type Lithium-Ion Battery Lead-Acid Battery Others Market Segmentation by Power Less than or Equal to 250 W Above 250 W Market Segmentation by Region North America E-Bikes Market • • • • • • • • • • oBy Ownership oBy Type oBy Battery Type oBy Power oBy country – U.S. and Canada Europe E-Bikes Market • oBy Ownership oBy Type oBy Battery Type oBy Power oBy country – Germany, U.K., France, Italy, Spain, and Rest of Europe 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  4. Asia-Pacific (APAC) E-Bikes Market • oBy Ownership oBy Type oBy Battery Type oBy Power oBy country – Japan, China, India, South Korea, Australia, and Rest of APAC Latin America, Middle East, and Africa (LAMEA) E-Bikes Market • oBy Ownership oBy Type oBy Battery Type oBy Power oBy country – Brazil, Mexico, Rest of LAMEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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