An electric bicycle, also known as an e-bike or booster bike, is a bicycle with an integrated electric motor which can be used for propulsion. There are a great variety of e-bikes available worldwide, from e-bikes that only have a small motor to assist the rider's pedal-power. More@ http://www.researchbeam.com/global-electric-bicycles-sales-by-manufacturers-regions-type-and-application-forecast-to-2021-market
The global electric bikes market size is expected to grow from $37.73 billion in 2021 to $42.68 billion in 2022 at a compound annual growth rate (CAGR) of 13.1%.
The fitness and exercise application segment is expected to record lucrative expansion in the hybrid bicycles market from 2024 to 2032. The growth can be attributed to the ability of handling a variety of terrains offered by hybrid bikes. The presence of gear systems allows efficient pedaling, further promoting cardiovascular exercise and muscle engagement. Rising incorporation of rack mounts and fender mounts to enable users to attach accessories like cargo racks, panniers, and mudguard will also boost the product application outlook.
A newly published report by Market Statsville Group (MSG), titled Global Bicycles Market provides an exhaustive analysis of significant industry insights and historical and projected global market figures. MSG expects the global Bicycles market will showcase an impressive CAGR from 2024 to 2033.
The global electric cargo bike market is forecasted by Persistence Market Research (PMR) to grow at a CAGR of 11.9%, reaching a value of US$ 2.14 billion by 2032. In 2021, electric cargo bikes held a 66.2% share of the global cargo bike market. From 2017 to 2021, sales grew at a 6.7% CAGR, with significant contributions from developed countries like Germany, the U.K., France, and the U.S. The depletion of non-renewable petroleum supplies and rising fuel costs are driving the demand for electric cargo bikes, which are promoted by manufacturers and governments as fuel-efficient alternatives.
Based on propulsion, the pedal assist micro-mobility market is set to foresee significant growth between 2023 and 2032. Pedal-assist bicycles offer efficient and sustainable transportation option for short-distance commuting and recreational activities due to their combination of manual pedaling and electric motor assistance. Additionally, the increasing focus on environmental conservation and physical well-being is amplifying the demand for pedal-assist bicycles, further fostering their integration into urban mobility solutions.
As per the report, the market experiences sustained growth due to a series of product launches and innovative developments by industry leaders. For instance, in November 2023, Honda introduced its inaugural electric bicycle concept, the e-MTB, during the Japan Mobility Show. Unlike many other concept designs, this electric bicycle appears to be nearly production-ready in terms of its design.
Bicycle frames market size is projected to expand at over 6.5% CAGR from 2024 to 2032. The increasing awareness of health and environmental consciousness is driving the demand for bicycles as a sustainable and healthy mode of transportation. The higher technological advancements in materials, such as lightweight as well as durable alloys and carbon fibers are enhancing the performance and appeal of bicycle frames, further attracting enthusiasts.
All updated as on - In 2023, the e-bike industry was worth 45.19 billion USD. From 2024 to 2031, the e-bikes market is expected to expand from 49.62 billion USD in 2024 to 84.36 billion USD, representing a CAGR (compound annual growth rate) of 9.89%.
Micro-mobility charging infrastructure market size is projected to expand at over 24% from 2024 to 2032, due to the increasing adoption of electric micro-mobility solutions, such as e-scooters and e-bikes. Governments worldwide are promoting sustainable transportation and implementing favorable policies, including subsidies and incentives, further fueling the demand for multiple charging infrastructure. For instance, in December 2023, Standab, a Swedish startup specializing in micromobility infrastructure, launched its initiative to deploy charging-enabled parking bays for bicycles and electric scooters.
Major market players are implementing a variety of growth tactics including alliances, collaborations, and the construction of new manufacturing facilities to increase their business share globally. For instance, in August 2021, Giant Bicycles, a Taiwanese bicycle manufacturer, opened a new production facility in Vietnam with a $48 million investment to penetrate the market and generate more profit.
According to the latest research report by IMARC Group, The United States electric vehicles market size is projected to exhibit a growth rate (CAGR) of 31.6% during 2024-2032. More Info:- https://www.imarcgroup.com/united-states-electric-vehicles-market
According to the latest research report by IMARC Group, The Europe e-bike market size reached US$ 5,686.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 10,158.4 Million by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032. More Info:- https://www.imarcgroup.com/europe-e-bike-market
E-bikes are counted as an integral part of the global shift to greener transportation. As these bikes are smaller in size and have relatively low CO2 emissions during manufacturing than electric cars, the market revenue is expected to surge to an unprecedented valuation.
The e-bikes market is projected to expand at a sturdy pace through 2027 owing to rising government initiatives to promote the adoption of e-mobility in key regions globally
The report discusses how the market for electric two-wheelers is changing in India. Various factors such as government schemes, rising demand for eco-friendly vehicles, concerns over pollution and rising fuel prices is bolstering the market. Read on to know where the market will be in the year 2021.
According to the latest research report by IMARC Group, The Saudi Arabia electric vehicle charging station market size is projected to exhibit a growth rate (CAGR) of XX% during 2024-2032. More Info:- https://www.imarcgroup.com/saudi-arabia-electric-vehicle-charging-station-market
A new report available with decisiondatabases.com on Folding Electric Bicycle Market which provides an in-depth analysis during the forecast period. This report focuses on top manufactures with capacity, production, price, revenue and Market share.
The global bike sharing market size reached US$ 3.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.86% during 2023-2028. More info: https://www.imarcgroup.com/bike-sharing-market
The Global Electric Bike Market size is expected to reach $73.2 billion by 2026, rising at a market growth of 11.2% CAGR during the forecast period. The electric bike contains different components such as pedals, an in-built electric motor, & rechargeable batteries in order to increase propulsion.
Motor Vehicles Global Market Report 2020 is the latest research report added to The Business Research Company database. The report is covered in 150 pages covering 5 major players in the industry.
According to the latest research report by IMARC Group, The global e-bike market size reached US$ 23.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.78% during 2023-2028. More Info:- https://www.imarcgroup.com/e-bike-market
This report studies Electric Bicycles in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer
A recent report published by The Business Research Company on Transport Market provides in-depth analysis of segments and sub-segments in the global as well as regional. https://bit.ly/38ba3uU
A recent report published by The Business Research Company on Motor Vehicles Market provides in-depth analysis of segments and sub-segments in the global as well as regional. https://bit.ly/39bMrH3
Major players in the Motor Vehicles Market are Toyota Motor, Volkswagen Group, General Motors, Diamler AG, Ford Motor Read More @ https://bit.ly/2MKzCZX
That being said, ceaseless demand from the relatively unstirred electrical & electronics industry is likely to be the saving grace for the para-aramid market in the long-term, nudging it to a value of US$ 2.7 Billion by 2026.
Motorcycle And Bicycle Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021
Looking forward, the e-bike market value is projected to reach a strong growth during the forecast period (2021-2026). More info:- https://www.imarcgroup.com/e-bike-market
The Global Bicycle market size will be million (USD) in 2022, from the million (USD) in 2016, with a CAGR (Compound Annual Growth Rate) from 2016 to 2022. https://www.bharatbook.com/retail-market-research-reports-809316/global-top-countries-bicycle.html
Energy harvesting system is the technology that converts the energy from the environment in to usable electric power. This system extracts small amounts of energy from the environment that otherwise have been lost in the form of heat, light, sound or vibration. This process is also known as energy scavenging and is widely used in consumer devices, medical industry, and transportation, military and so on. It is an environmental friendly way of converting energy into electrical power.
The global E-Bike Charging Station Market is expected to witness high growth, exhibiting a CAGR of 4.16% over the forecast period. This growth is primarily driven by the increasing adoption of electric bikes and government initiatives promoting sustainable transportation. For instance, countries like China and India have implemented subsidies and incentives to encourage the use of e-bikes, thereby driving the demand for charging stations.
Magnesium which is featured with low density and high strength can form high-strength alloy with aluminum, copper, zinc and other metals as an important alloying element.
Global Energy Harvesting System Market is expected to rise from its initial estimated value of USD 381.7 million in 2018 to an estimated value of USD 863.91 million by 2026, registering a CAGR of 10.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for durable and power efficient systems.
Get more information about the market: https://www.imarcgroup.com/magnet-market The recently published report by IMARC Group, titled “Global Magnet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global permanent magnet market reached a value of US$ 17 Billion in 2017, registering a CAGR of 7% during 2010-2017. Permanent magnets can maintain a large magnetic flux in the absence of an applied magnetic field or upon modification of external environment. Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=565&flag=B Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: https://www.imarcgroup.com Follow us on twitter : @imarcglobal
This Report provided by 24 Market Reports is about, Lead-Acid battery uses a chemical reaction to do work on charge and produce a voltage between their output terminals.
Global Energy Harvesting System Market is expected to rise from its initial estimated value of USD 381.7 million in 2018 to an estimated value of USD 863.91 million by 2026, registering a CAGR of 10.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for durable and power efficient systems.
Carbon fiber wrap technology is cost-effective and innovative solution for improving the aesthetics and restoring & strengthening the world’s infrastructure. Carbon fiber wraps offer advantages such as high strength with low weight, corrosion resistance, thermal compatibility, flexible wrap conforms to any shape, excellent fatigue behavior, faster repair than alternative methods, welding and heavy equipment not needed, minimal disruption and noise during preparation or installation, low total cost. Owing to these numerous advantages, carbon fiber wrap is used in several applications, such as automotive, consumer goods, construction, wind energy, and aerospace & defense. Request Sample for This Report @ https://www.marketresearchfuture.com/sample_request/895
Get more information about the market: http://www.imarcgroup.com/lithium-compound-market According to IMARC Group’s latest report, titled “Lithium Compound Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global lithium compound market reached a volume of 260,500 Tons in 2016. Request a sample report: http://www.imarcgroup.com/request?type=report&id=884&flag=B Browse more reports on Chemical & Materials Industry: http://www.imarcgroup.com/categories/chemicals-market-reports Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal