The Global Electric/Smart Bicycle is projected to reach USD 27,187.9 million USD by 2025, at a CAGR of 8.8% between 2019 and 2025. The growth in the market size is mainly driven by the increasing demand for eco-friendly and efficient solution for commuting as well as owing to government support and strict rules in favor of electric bikes.The growth is also associated with the steady demand in US and Europe, decrease in the cost of manufacturing with the advancement of cutting edge technologies and outsourcing manufacturing thus decreasing costs of production.
In 2019, the demand for city/urban commute application has dominated the market for electric bicycles followed by the demand for recreational activities that drove the market for mountain and trekking electric bicycles.
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The market for electric bicycles has been growing considerably over the years. China has accounted for the major market with a share of 89.5% in 2019. The growth of the market led by the increased sales generated in mature markets, like North America and Western Europe. Considerable rise in online sales and penetration of branded product breadth across retail stores has increased the market for electric bicycles market.
The market for Electric bicycles is intensely competitive and is highly fragmented. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features into their products. Some of the major players in this market are Accell Group N.V. , Giant Manufacturing Co. Ltd. , Yamaha Motor Company , Dorel Industries Inc., Yadea Group Holdings Ltd, Specialized Bicycle Components, Inc., Merida Industry Co. Ltd , Aima Technology Group Co. Ltd. , Fuji-ta Bicycle Co., Ltd , Zhejiang Luyuan Electric Vehicle Co. Ltd.
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Table of Content
Table of Content
1 Industrial Chain Overview
1.1 Electric Bicycles Industry
1.1.1 Overview
1.1.2 Characteristics of Electric Bicycles
1.2 Upstream
1.2.1 Major Materials
1.2.2 Manufacturing Overview
1.3 Product List By Type
1.3.1 Brush Electric Bicycle
1.3.2 Brushless Electric Bicycle
1.4 End-Use List
1.4.1 Demand in Application in Age 40
1.5 Global Market Overview
1.5.1 Global Market Size and Forecast, 2015-2025
1.5.2 Global Market Size and Forecast by Geography with CAGR, 2015-2025
1.5.3 Global Market Size and Forecast by Product Type with CAGR, 2015-2025
1.5.4 Global Market Size and Forecast by End-Use with CAGR, 2015-2025
2 Global Production & Consumption by Geography
2.1 Global Production & Consumption
2.1.1 Global Production
2.1.2 Global Consumption
2.2 Geographic Production & Consumption
2.2.1 Production
2.2.1.1 Asia-Pacific
2.2.1.2 North America
2.2.1.3 South America
2.2.1.4 Europe
2.2.1.5 Middle East & Africa
2.2.2 Consumption
2.2.2.1 Asia-Pacific
2.2.2.2 North America
2.2.2.3 South America
2.2.2.4 Europe
2.2.2.5 Middle East & Africa
3 Major Manufacturers Introduction
3.1 Manufacturers Overview
3.2 Manufacturers List
3.2.1 AIMA Overview
3.2.1.1 Product Specifications
3.2.1.2 Business Data (Production Volume (Volume), Production Amount (Million USD), Price, Cost, Margin)
3.2.1.3 Recent Developments
3.2.1.4 Future Strategic Planning
3.2.2 Yadea Overview
3.2.2.1 Product Specifications
3.2.2.2 Business Data (Production Volume (Volume), Production Amount (Million USD), Price, Cost, Margin)
3.2.2.3 Recent Developments
3.2.2.4 Future Strategic Planning
3.2.3 Sunra Overview
3.2.3.1 Product Specifications
3.2.3.2 Business Data (Production Volume (Volume), Production Amount (Million USD), Price, Cost, Margin)
3.2.3.3 Recent Developments
3.2.3.4 Future Strategic Planning
3.2.4 TAILG Overview
3.2.4.1 Product Specifications
3.2.4.2 Business Data (Production Volume (Volume), Production Amount (Million USD), Price, Cost, Margin)
3.2.4.3 Recent Developments
3.2.4.4 Future Strategic Planning
3.2.5 Lvyuan Overview
3.2.5.1 Product Specifications
3.2.5.2 Business Data (Production Volume (Volume), Production Amount (Million USD), Price, Cost, Margin)
3.2.5.3 Recent Developments
3.2.5.4 Future Strategic Planning
3.2.6 BYVIN Overview
3.2.6.1 Product Specifications
3.2.6.2 Business Data (Production Volume (Volume), Production Amount (Million USD), Price, Cost, Margin)
3.2.6.3 Recent Developments
3.2.6.4 Future Strategic Planning to be continued..
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