Electric Bicycles Market IIndustry Players Analysis, New Innovation, Growth Prospects, Size, Growth, Revenue

1. Electric Bicycles Market Industry Players Analysis, New Innovation, Growth Prospects, Size, Growth, Revenue Market Overview Electric bicycle also known as e-bike is modified bicycle with an electric motor, which offers pedal assistance to the rider. It has similar basic features as regular pushbike with electric assistance. 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. Increasing urbanization and concerns regarding the environmental impacts of motor vehicles across the global economies are expected to further augment growth of market. Increasing motor vehicles traffic levels have led to increased road accidents over the past decade, accounting for over 1.25 million deaths in 2015, according to report published by World Health Organization (WHO). Moreover, pollution levels across the globe have witnessed significant surge, owing to increasing vehicle traffic. According to Union of Concerned Scientist, one fifth of the U.S. emissions responsible for global warming are generated due to trucks and cars. Reduction in emissions and traffic levels can be achieved by adopting eco-friendly electric bicycles that can drastically decrease traffic congestion along with negligible carbon emissions, which is expected to propel growth of the electric bicycles market over the forecast period. Request Sample Copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/600 Market Dynamics Increasing awareness and government initiatives to promote use of battery operated vehicles is resulting into increasing adoption of eco-friendly vehicles by consumers. For instance, FAME-India scheme in India, electric bike grant scheme in states of Jersey, and grants offered for EVs purchase by Office for Low Emissions in UK are the government initiatives which were focused on promotion of e-bike. These initiatives are expected to provide potential growth opportunities for the electric bicycles market throughout the forecast period. Electric Bicycles Market Taxonomy On the basis of battery Type, the global electric bicycles market is segmented into: •Lead Acid •Lithium ion (Li-ion) •Nickel metal hydride (NiMH) On the basis of use, the global electric bicycles market is segmented into: •City/Urban •Trekking •Racing On the basis of driver mechanism, the global electric bicycles market is segmented into:

2. •Hub Motor •Mid Motor On the basis of driver mechanism, the global electric bicycles market is segmented into: •Plug-in •Battery On the basis of operating mode, the global electric bicycles market is segmented into: •Battery/Peddle Operated •Throttle Operated Request For Customization @ https://www.coherentmarketinsights.com/insight/request- customization/600 Industry is characterized by large number of number of entrants participating in the competition, primarily owing to introduction of new crowd funded projects to reduce the carbon footprints and increasing demands in Germany, India, Netherlands and the U.S. Key players operating in electric bicycles market include Accell Group, Derby Cycle AG, Easy Motion, Jiangsu Xinri E-Vehicle Co. Ltd., Panasonic, Pedego, Stromer, and Yadea Technology Group Co. Ltd., BionX, Bosch, Electric Bike Technologies LLC, Giant Bicycles, GRACE, Superpedestrian, and Trek. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com