Dallas, TX -- (SBWIRE) -- 10/19/2018 -- According to statistics, the global electric bicycle market size will witness a growth of xx% CAGR during the forecast period of 2018 to 2025. Both macro-economic as well as micro-economic factors is predicted to shape the electric bicycles market. Constant advancement in technology have enabled the development of environment-friendly and comfortable electric bikes. An effort toward reducing carbon footprint is also promoting the higher use of electric bicycles. 

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Furthermore, government support and implementation of strict rules has pushed the sales of electric bicycles globally. Metro cities especially in European and North American countries have launched concepts of rental service and public charging infrastructure for e-bikes is on escalation. Market players spending huge amount on research and development to develop highly efficient batteries has fueled the adoption of electric bicycles. Moreover, manufacturers push their sales positively by promoting their products which reduces greenhouse effect as their bikes reflect lesser tailpipe emissions.

However, some key factors are posing challenges to the electric bicycle industry. One of the issue that hampers the growth is highly expensive electric bicycles which are not affordable. These bicycles run on batteries, demands for frequent charging which remains a major challenge. Maintenance of the product with full-fledged charging infrastructure holds importance but overprice dissuades users from buying electric bicycles.

Geographically, Asia-Pacific excluding Japan (APEJ) region is anticipated to lead the global electric bicycle industry. China is a country observed with increased consumption of electric bicycles, which has up surged the sales figures, thus impacts the market growth positively. In India, government is looking forward to replace each and every fuel-running vehicle with electric bicycles by the end of 2035.

Prominent key players in electric bicycle market are:-


- Derby Cycle (Germany)

- Moustache Bikes (France)

- NYCeWheels (U.S.)

- Accell Group (Netherlands)

- Easy Motion USA (California)

- Pedego Electric Bikes (California) (China)

- Karbon Kinetics Limited (KKL) (U.K.)

- Jiangsu Xinri E-Vehicle Co., Ltd.

- A2B Electric Bikes (U.K) and others.


Market size split by Region

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Spain

Russia

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

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2. Related Topic:- Global Luxury Bicycles Market 2018-2025

The global luxury bicycles market size was anticipated to be $xx Million in 2017 and is awaited to reach $xx Million during the forecast period. Recently, there has been a rise in the bicycle riding trend. It is a cost-effective mode of transport that helps in reducing pollution that damages the ozone layer. Many people use bicycles for amusement and some for its health benefits.

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The issue of intense traffic and increasing prices of fuel are two of the major reasons that drive the growth of luxury bicycles market. Increasing health concerns among the population are adopting the use of green transportation which helps reduce carbon footprint and plays a major role in the development of global luxury bicycles market. In addition, government support towards bicycles and their fast development in developing economies as well as developed ones will help increase the sales of the bicycle in the coming years. The most rising application of bicycles in recreational activities and trekking will upsurge the value for luxury bicycles.

Reduction in the emission levels and fossil fuels levels are projected to increase the demand for luxury bicycle market. Due to reduction in fossil fuel levels, the world has experienced a depletion in the production of fossil fuels. Therefore, for the conservation of fossil fuels, the increase in the use of bicycle will boost the growth of the luxury bicycle market.

Topographically, regions involved in the development of luxury bicycle industry are China, Europe, Japan, North America, Southeast Asia and many more. North America is propelled to witness a growth in the luxury bicycle market.

Players involved in increasing the luxury bicycle market size are:-


- Cicli Mattio

- Trek, Moulton, Bastion

- Moustache Bikes

- Montante

- B2G Bikes

- Stromer

- LIOS Bikes

- Giant

- Petrini

- Accell Group

- Dorel Industries and many more.


Major Point from Table of Content:

Chapter One: Study Coverage

Chapter Two: Executive Summary

Chapter Three: Breakdown Data by Manufacturers

Chapter Four: Breakdown Data by Type

Chapter Five: Breakdown Data by Application

Chapter Six: North America

Chapter Seven: Europe

Chapter Eight: Asia Pacific

Chapter Nine: Central & South America

Chapter Ten: Middle East and Africa

Chapter Eleven: Company Profiles

Chapter Twelve: Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter Thirteen: Value Chain and Sales Channels Analysis

Chapter Fourteen: Research Findings and Conclusion

Chapter Fifteen: Appendix

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