Product ID: UCMIG25C2031
Electric E-Bike Market Size, Share, Growth Analysis, By Propulsion Type(Pedal Assist, Throttle), By Battery Type(Lead Acid, Lithium-Ion), By Regions(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG25C2031 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Electric E-Bike Market Insights
Market Overview:
The electric bike market had a value of USD 35.69 billion in 2021 and is expected to grow at a compound annual growth rate of 12.6% during the forecast period, reaching USD 92.19 billion by 2029. The market is predicted to increase from USD 40.16 billion in 2022. Despite the global COVID-19 pandemic being unprecedented and staggering, the electric bike market experienced higher demand than expected across all regions, exceeding pre-pandemic levels. According to our analysis, the global market grew by 9.8% in 2020 compared to 2019.
Electric E-Bike Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Automobile Manufacturers by segment aggregation, the contribution of the Automobile Manufacturers in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Electric E-Bike Market Report Snapshots
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