Major e-bikes market players include Van Moof, Schwin (Pacific Cycles, Inc.), Trek Bicycles, Nakto EBikes, Pedego, Inc., Lectric eBikes, Giant Manufacturing Co., Ltd., Aventon, Electric Bike Technologies, Inc., and Alta Cycling Group.
SELBYVILLE, Del. , Dec. 7, 2021 /PRNewswire/ -- The e-bikes market size is anticipated to record a valuation of USD 50 billion by 2027, according to the most recent study by Global Market Insights Inc. The market is expected to show a significant growth owing to increasing consumer preference toward recreational activities and the proliferation of electric bike rental platforms. The increasing adoption of e-bikes due to rising fuel costs is also contributing to market growth.
The COVID-19 pandemic positively impacted the e-bikes market across the globe. Rising health insecurities and concerns related to the spread of the virus in public transport, such as subways and buses, drove the consumer shift toward e-bikes. The market is expected to witness an upward trend through the coming years.
Request for a sample of this research report at https://www.gminsights.com/request-sample/detail/3525
The availability of established players and increasing youth interest in trekking & recreational activities are driving the market growth for e-bikes in North America . Established players focusing on entering the e-bike segment will provide a positive outlook for the electric bike in the U.S. For instance, in September 2021 , Harley-Davidson announced to launch its first e-sell bike Serial 1 by 2021 end. Moreover, in September 2021 , Cowboy, an electric bike manufacturing company, expanded its operation in the U.S. with the launch of the new model C4. This model is equipped with various technologies such as crash detection, theft detection, and wireless phone charging systems.
Industry players in the e-bikes market are adopting various business and market strategies, including partnerships, new product launches, acquisitions, and advertisements, to accelerate their product sales. For instance, in July 2021 , Stealth Electric Bikes partnered with Vmoto Soco International subsidiary Vmoto Soco Italia to increase its sales in Italy . With this partnership, both the companies will outline the advertising & sales strategies as well as establish aftersales service centers for e-bikes in the region.
Some major findings in the E-bikes market report include:
Supportive government initiatives and increasing consumer preference toward e-bike usage as personal mobility services are driving the market growth in North America . The COVID-19 pandemic has created the importance of using private transport to curb virus transmission, further driving the industry's growth.
Rising cycling tourism and stringent government regulations against fuel-powered vehicles are creating market expansion opportunities in Europe . Additionally, governments are providing incentives and tax concessions on the purchase of new e-bikes, creating a favorable environment for e-bikes in the region.
The proliferation of e-bike startups and increasing number of two-wheeler users are fueling e-bikes sales in the Asia Pacific region. Furthermore, OEMs are expanding their new offline stores in the region to increase their net sales, contributing to industry growth.
The availability of customizable e-bikes and OEM initiatives, such as partnerships & collaborations, to strengthen their market position are accelerating e-bike demand in the MEA region. Appealing designs and growing off-road activities in desert areas will further propel e-bike adoption in the region.
Rising fuel costs and increasing e-commerce automotive companies are accelerating the e-bike sale at a significant pace in Latin America . Additionally, technical advancements in e-bikes will create robust growth opportunities for the market in the region.
Key players operating in the e-bikes market include Van Moof, Schwin (Pacific Cycles, Inc.), Trek Bicycles, Nakto EBikes, Pedego, Inc., Lectric eBikes, Giant Manufacturing Co., Ltd., Aventon, Electric Bike Technologies, Inc., and Alta Cycling Group.
Request for customization of this research report at
https://www.gminsights.com/roc/3525
Partial chapters of report table of contents (TOC):
Chapter 3 E-bikes Market Insights
3.2 Impact of COVID-19 on industry landscape
Browse Complete Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/e-bike-market
Global Market Insights Inc., headquartered in Delaware , U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Arun Hegde Corporate Sales, USA Global Market Insights, Inc. Phone: 1-302-846-7766 Toll Free: 1-888-689-0688 Email: sales@gminsights.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/e-bikes-market-revenue-to-hit-50-bn-by-2027-global-market-insights-inc-301438759.html
SOURCE Global Market Insights Inc.
Wages have gone up in a lot of sectors, but the numbers vary quite a bit, according to a Pew Research report.
Nvidia (NASDAQ: NVDA) stock dropped in Wednesday trading and is down 2% as of 11 a.m. ET, and bad news out of China may be the reason. This morning, Samsung announced that "due to the ongoing COVID-19 situation, we have decided to temporarily adjust operations at our manufacturing facilities in Xian, China." What does a Samsung plant in China have to do with a sliding stock price for Nvidia?
Wood believes we're still in a strong bull market. Take advantage.
EV stocks are being dumped as a group today, even with these three names reporting good news recently.
Buffett is taking profits off the table. It might be time to do the opposite.
Losing money in the S&P 500 is never fun. But it stings all the more when everyone else is making tons on their stocks.
Yahoo Finance Live's Jared Blikre examines the latest market action, in addition to reporting on Biogen undergoing acquisition negotiations by Samsung
The need of a robust charging infrastructure to support the growth of electric vehicles (EVs) is undisputed. What isn't as clear is which players will be instrumental in developing this infrastructure and, more importantly, whether can they do this profitably. Let's discuss which of the two top EV charging stocks, ChargePoint (NYSE: CHPT) and Blink Charging (NASDAQ: BLNK), is a better buy right now.
If you want to leave some stocks to your heirs, then you'll want to find companies like these that are poised to thrive for decades to come.
These stocks are trading near their 52-week lows but have tremendous long-term growth opportunities.
(Bloomberg) -- Didi Global Inc. disclosed a $4.7 billion loss after revenues shrank in the September quarter, revealing the rising cost of a series of regulatory actions that will force China’s ride-sharing leader to shift its listing to Hong Kong next year.Most Read from BloombergGhislaine Maxwell Found Guilty in Win for Epstein VictimsMercedes Swept Up in China Internet Furor Over Models’ EyesApple Aims to Prevent Defections to Meta With Rare $180,000 Bonuses for Top TalentThe Senator Who Coul
Gas prices are likely headed much higher in 2022, according to a new report out of Gasbuddy.
Biogen, which owns nearly half of a Samsung unit, shares surged Wednesday. A South Korean newspaper reported that Samsung wants to buy Biogen for as much as $42 billion.
We recommended CLF in October, so let's see if the stock is a magnet for new buyers -- and whether holders should keep their steely resolve.
The stock has already managed to settle below the $115 level and is moving towards yearly lows at $108.70.
The rally in Victoria's Secret may just be getting started, contends JP Morgan retail analyst Matt Boss.
Let’s talk about penny stocks. These are equities that trade for less than $5 per share, the very bottom of the price range. While they are priced that low for a reason – and the reasons may vary – low price in itself doesn’t mean that the stock’s fundamentals are sour. Smart investors can find some true bargains among the penny stocks, and set themselves up for outsized gains. The opportunity is linked to a simple question: Why is the company’s stock priced so low? If the answer is mainly benig
(Bloomberg) -- SenseTime Group Inc. co-founder Tang Xiao’ou has become one of the world’s richest people, after the Chinese AI champion blew past concerns about American sanctions to surge as much as 23% on its Hong Kong debut.Most Read from BloombergGhislaine Maxwell Found Guilty in Win for Epstein VictimsMercedes Swept Up in China Internet Furor Over Models’ EyesApple Aims to Prevent Defections to Meta With Rare $180,000 Bonuses for Top TalentThe Senator Who Could Rescue Biden’s AgendaCovid Wi
(Reuters) -Samsung Electronics and Micron Technology, two of the world's largest memory chip makers, warned that strict COVID-19 curbs in the Chinese city of Xian could disrupt their chip manufacturing bases in the area. The lockdown in the city puts further pressure on global supply chains and adds to a torturous year for exporters facing sharply higher freight costs even as prices for raw materials including semiconductors skyrocket amid the pandemic. The curbs could cause delays in the supply of DRAM memory chips, widely used in data centres, Micron said on Wednesday.
It’s been a turbulent year for stock markets – record levels across all major indexes despite an onslaught of economic worries and what feels like never-ending variants of Covid-19. Now it’s time to look ahead to 10 major technology trends and which companies show the most promise to win big in 2022. Amazon (AMZN) has enjoyed the leadership position in Cloud for some time, and its AWS business now tops $16 billion in revenue a quarter.