DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/br8thz/global_ebike) has announced the addition of the "Global E-Bike Market 2015-2019" report to their offering.
The analysts forecast the Global E-bike market to grow at a CAGR of 3.42% and 4.35% in terms of revenue and unit shipment, respectively, during the period 2014-2019.
E-bike commonly known as electric bicycle or booster bicycle is a bike that has an integrated electric motor used for propulsion. According to the power that an electric motor can deliver and the control system, e-bikes can be classified as e-bikes with pedal-assist only, with power-on-demand and pedal-assist, or with power-on-demand only. Depending on the laws, in many countries, e-bikes are classified as bicycles rather than mopeds or motorcycles so that they are not subjected to stringent laws regarding their certification and operation. E-bikes are also treated as a special vehicle type in many areas of legal jurisdiction.
One major trend in this market is technological innovations. Vendors have started using next-generation batteries for e-bike applications and using miniaturized batteries to increase the efficiency and overall performance of e-bikes by reducing the overall weight.
According to the report, one of the key factors driving the market is the increase in the disposable income. The per capita disposable income is showing a low level of volatility in developed countries, which has directly boosted the purchasing power of people, enabling them to buy luxury goods.
Further, the report states that one key challenge that the market faces is the immature technology for electric vehicles. E-bikes have constraints such as speed and range. They cover less distance than traditional bicycles and need longer to recharge.
Key Vendors
- Currie Technologies
- Derby Cycle
- Jiangsu Xinri E-Vehicle
- Zhejiang Luyuan Electric Vehicle
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Legal Status
- Key Leading Countries
- Product Segmentation by Battery Types
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/br8thz/global_ebike