Los Angeles, CA -- (SBWIRE) -- 10/26/2018 -- Description

This report studies the global Electric Bicycles market status and forecast, categorizes the global Electric Bicycles market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa)

An electric bicycle, also known as an e-bike, power bike or booster bike, is a bicycle with an integrated electric motor which can be used for propulsion. Many kinds of e-bikes are available worldwide, from e-bikes that only have a small motor to assist the rider's pedal-power to somewhat more powerful e-bikes which tend closer to moped-style functionality: all, however, retain the ability to be pedalled by the rider and are therefore not electric motorcycles.

First of all, the growth of the global electric bicycles market is caused by various driving factors such as strict government regulations. emergence of eco-friendly vehicles and the increasing fuel prices attract potential customers. Second, due to the rising concerns regarding environmental pollution, many governments across the world have implemented several regulations and policies to reduce vehicle emission during the last few years. Global warming has also created a major threat to the environment and human life. Moreover, the emergence of eco-friendly vehicles has also been played a major role in the increasing sales of e-bike. China dominates the electric bicycle market in terms of revenue currently. and Western Europe and North America are beginning to increase their market share of electric bicycles.

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The global Electric Bicycles market is valued at 1700 million US$ in 2017 and will reach 6090 million US$ by the end of 2025, growing at a CAGR of 20.0% during 2018-2025.

The major manufacturers covered in this report

Indiegogo

Riel Rider Ebikes

Electron Wheel

Xiaomi-mi

Benelli

Haibike

Electra Bicycle

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

United States

EU

China

Japan

South Korea

India

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