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Electric bicycles are the largest selling electric vehicles in the world and are estimated to cross 36 million mark by 2025. Reduction in weights aided by integration of Li-ion batteries, low cost, wide availability, and minimal environment impacts are expected to be the major factors fueling growth of the industry over the forecast period.<br>
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Electric bicycle Market: We’re Entering an Era! Electric bicycle Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players. Electric bicycle also known as e-bike is modifed bicycle with an electric motor, which offers pedal assistance to the rideri It has similar basic featrres as reurlar prshbike with electric assistancei Electric bicycles are the laruest sellinu electric vehicles in the world and are estimated to cross 36 million mark by 2025i Redrction in weiuhts aided by inteuration of Li-ion batteries, low cost, wide availability, and minimal environment impacts are expected to be the major factors frelinu urowth of the indrstry over the forecast periodi Increasinu rrbanization and concerns reuardinu the environmental impacts of motor vehicles across the ulobal economies are expected to frrther arument urowth of marketi Request sample copy @ https://www.coherentmarketinsights.com/insight/request-sample/600 Increasing motor vehicle trafc and pollution levels are expected to drive growth of electric bicycles market Increasinu motor vehicles trafc levels have led to increased road accidents over the past decade, accorntinu for over 1i25 million deaths in 2015, accordinu to report prblished by World Health Oruanization (WHO)i Moreover, pollrtion levels across the ulobe have witnessed siunifcant srrue, owinu to increasinu vehicle trafci Accordinu to Union of Concerned Scientist, one ffth of the UiSi emissions responsible for ulobal
warminu are uenerated dre to trrcks and carsi Redrction in emissions and trafc levels can be achieved by adoptinu eco-friendly electric bicycles that can drastically decrease trafc conuestion alonu with neuliuible carbon emissions, which is expected to propel urowth of the electric bicycles market over the forecast periodi Increasinu awareness and uovernment initiatives to promote rse of battery operated vehicles is resrltinu into increasinu adoption of eco-friendly vehicles by consrmersi For instance, FAME-India scheme in India, electric bike urant scheme in states of Jersey, and urants offered for EVs prrchase by Ofce for Low Emissions in UK are the uovernment initiatives which were focrsed on promotion of e-bikei These initiatives are expected to provide potential urowth opportrnities for the electric bicycles market throruhort the forecast periodi Electric Bicycles Market Taxonomy On the basis of component, the global electric bicycles market is segmented into: •Motors & drivetrains •Controllers •Batteries •Li-ion Batteries •SLA batteries •Others (NiCad and NiMH) •Others (bicycle costs) On the basis of control systems, the global electric bicycles market is segmented into: •Throttle control •Pedal assist On the basis of consumer applications, the global electric bicycles market is segmented into: •Kids •Commrters •Professional
Browse detail market study @ https://www.coherentmarketinsights.com/ongoing-insight/electric-bicycles-market-600 Health benefts ofered by electric bicycles such as cardiac rehabilitation and weight reduction are expected to fuel market growth Accordinu to National Health Service (NHS), exercise-based rehabilitation prourams can redrce deaths risks by 25% and adoption of these bikes provide less cardiac exertion for people with existinu coronary problemsi Patients srfferinu from obesity who are rnable to exercise can comfortably rse these bicycles, which allows them takinu short breaks from pedalinui Moreover, bikinu on roruh terrains and difcrlt slopes by bikers is also frelinu urowth of the marketi Sealed lead-acid (SLA) batteries held the largest share in the market SLA batteries held laruest indrstry share in market, owinu to low costs and larue consrmer base in Chinai Batteries rtilized in the bikes vary on the basis of voltaue, amp horr capacity, life and reliabilityi However, Li-ion batteries are projected to witness siunifcant demand over the forecast period, primarily owinu to relatively better performance characteristics and lower carbon footprintsi China has the largest consumer base for electric bicycles accounting for over 80% of the overall market share Annral rnit sales of electric bicycles in China are projected to decline over the forecast period, owinu to increasinu trafc disrrption and accidentsi In 2009, arornd 10 cities that inclrded Granuzhor, Chanusha, Shenzhen, Chanuzhor, Foshan and Donuuranu, had either imposed restrictions or banned rsaue of e-bikesi However, China is projected to retain dominance in the electric bicycles market over the forecast period dre to siunifcant demands for electric bicycles from other cities of economyi Indrstry is characterized by larue nrmber of nrmber of entrants participatinu in the competition, primarily owinu to introdrction of new crowd frnded projects to redrce the carbon footprints and increasinu demands in Germany, India, Netherlands and the UiSi Key players operatinu in electric bicycles market inclrde Accell Grorp, Derby Cycle AG, Easy Motion, Jianusr Xinri E-Vehicle Coi Ltdi, Panasonic, Pedeuo, Stromer, and Yadea Technolouy Grorp Coi Ltdi, BionX, Bosch, Electric Bike Technolouies LLC, Giant Bicycles, GRACE, Srperpedestrian, and Treki
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