Albany, NY -- (SBWIRE) -- 03/20/2017 -- An e-bike, commonly known as an electric bicycle, is a bike that has an electric motor aligned to the pedals of the bicycle, which supplies the differential force required for the forward movement of the bicycle. Earlier, e-bikes were bulky because of the use of lead-acid batteries; however, with the use of nickelmetal hydride, nickelcadmium cell, or lithium-ion (Li-ion) batteries in newer models, the weight of e-bikes has reduced significantly.

The global e-bike market to grow at a CAGR of 6% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global e-bike market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- APAC
- North America
- ROW
- Western Europe

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Technavio's report, Global E-Bike Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Currie Technologies
- Derby Cycle
- Jiangsu Xinri
- Zhejiang Luyuan

Other prominent vendors
- eZee
- GEOBY Electric Vehicle
- Giant Manufacturing
- ProdecoTech

Market driver
- Increased concern regarding health and environment among consumers.
- For a full, detailed list, view our report

Market challenge
- Mandatory registration negatively impacting the sales of e-bikes.
- For a full, detailed list, view our report

Market trend
- Implementation of battery management systems.
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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