SHERIDAN, WYOMING, USA, February 27, 2022 /EINPresswire.com/ — According to the latest report of the IMARC group, entitled “European e-bike market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the European e-bike market exhibited strong growth during the period 2015-2020. Going forward, the market is expected to continue its strong growth during the period 2021-2026.
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The e-bike, or e-bike, is integrated with an electric motor to help with propulsion. It consists of a battery, a controller, a transmission and a display to provide directions. The electric bike is generally classified into VAE and accelerator. Compared to gasoline-powered vehicles, e-bikes are more economical, energy-efficient, convenient to use, and have zero emissions. Other than that, they provide physical and mental health benefits such as better cardiovascular fitness, reduced stress, better muscle strength, improved aerobic capacity, and maintained weight.
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The European e-bike market is mainly driven by the growing environmental awareness and rapid urbanization in the region. Additionally, the thriving tourism industry and growing need for micro-mobility among adults is contributing to the growth of the market. In addition, the increasing use of electric bicycles for several recreational activities acts as a growth factor. Additionally, major players are introducing advanced e-bikes, such as e-bike intelligent monitoring system (SEMS) and hydrogen-powered bikes, which creates a positive outlook for the market in the region.
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The competitive landscape of the industry has also been reviewed along with the profiles of key players.
The report has segmented the market based on mode, engine type, battery type, class, design, application and country.
Breakdown by mode:
Breakdown by engine type:
Breakdown by battery type:
Nickel-metal hydride (NiMH)
Breakdown by class:
Break by design:
Breakdown by application:
Breakdown by country:
Main highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.
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