COVID-19: E-bike Market (2020-2024)- Roadmap for Recovery | Declining Cost of Li-ion Batteries to Boost the Market Growth

Technavio has been monitoring the E-bike market and it’s poised to develop by 8118.92 Okay items throughout 2020-2024, progressing at a CAGR of over 4% throughout the forecast interval. The report affords an up-to-date evaluation concerning the present market situation, newest traits and drivers, and the general market setting.

This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20200918005297/en/

Technavio has introduced its newest market analysis report titled International E-Bike Market 2020-2024 (Graphic: Enterprise Wire)

Though the COVID-19 pandemic continues to rework the expansion of varied industries, the rapid impression of the outbreak is various. Whereas just a few industries will register a drop in demand, quite a few others will proceed to stay unscathed and present promising development alternatives. Technavio’s in-depth analysis has all of your wants lined as our analysis stories embrace all foreseeable market eventualities, together with pre- & post-COVID-19 evaluation. Download a Free Sample Report on COVID-19 Impacts

Regularly Requested Questions:

• What are the foremost traits available in the market?
  The rising recognition of linked e-bikes is a significant development driving the expansion of the market.
• At what price is the market projected to develop?
  The year-over-year development for 2020 is estimated at 3.96% and the incremental development of the market is anticipated to be 8118.92 Okay items.
• Who’re the highest gamers available in the market?
  Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH & Co. KG, Large Bicycle Inc., Klever Mobility GmbH, Riese & Müller GmbH, Yadea Group Holdings Ltd., Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electrical Automobile Co. Ltd., are a few of the main market members.
• What’s the key market driver?
  The declining price of Li-ion batteries is without doubt one of the main components driving the market.
• How huge is the APAC market?
  The APAC area will contribute 68% of the market share.

   

The market is fragmented, and the diploma of fragmentation will speed up throughout the forecast interval. Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH & Co. KG, Large Bicycle Inc., Klever Mobility GmbH, Riese & Müller GmbH, Yadea Group Holdings Ltd., Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electrical Automobile Co. Ltd. are a few of the main market members. The declining price of Li-ion batteries will provide immense development alternatives. To make many of the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.

Purchase 1 Technavio report and get the second for 50% off. Purchase 2 Technavio stories and get the third without cost.

View market snapshot before purchasing

Technavio’s customized analysis stories provide detailed insights on the impression of COVID-19 at an trade degree, a regional degree, and subsequent provide chain operations. This custom-made report may also assist shoppers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and important developments in vendor operations and authorities rules.

E-bike market 2020-2024: Segmentation

E-bike market is segmented as under:

• Kind
  • SLA Batteries
  • Li-ion Batteries
• Geographic Panorama
  • APAC
  • Europe
  • MEA
  • North America
  • South America

To be taught extra concerning the world traits impacting the way forward for market analysis, obtain a free pattern: https://www.technavio.com/talk-to-us?report=IRTNTR40480

E-bike market 2020-2024: Scope

Technavio presents an in depth image of the market by the best way of research, synthesis, and summation of information from a number of sources. The E-bike market report covers the next areas:

• E-bike market Dimension
• E-bike market Developments
• E-bike market Business Evaluation

This research identifies the rising recognition of linked e-bikes as one of many prime causes driving the E-bike market development throughout the subsequent few years.

Technavio suggests three forecast eventualities (optimistic, possible, and pessimistic) contemplating the impression of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis stories.

Register for a free trial at present and acquire immediate entry to 17,000+ market analysis stories. Technavio’s SUBSCRIPTION platform

Story continues