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Electric Bikes Market to Witness Stellar Growth Rate in the Next few Years

Persistence Market Research has analyzed the global electric bikes market and has revealed that the global market is likely to project a growth of 4.7% CAGR during the forecast period 2017-2022.

Electric bikes are modern means of transportation which use electricity as fuel to propagate. These vehicles come in different types, few of which use both physical as well as electric power to gain momentum. Drivetrain, electric motor and batteries are the main components in electric bikes.

The different types of electric bikes have different capacities. For longer distances, typically electric moped or motorcycles are used, and for shorter distances, generally, pedal assists are used.

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FACTS AT A GLANCE

Companies: Prodeco Technologies Llc, Samsung SDI Co., Ltd., Mahindra & Mahindra Ltd., Bionx International Corporation, Panasonic Corp, Jiangsu Xinri E-Vehicle Co. Ltd., ., Derby Cycle Holding GmbH, Giant Manufacturing Co., Ltd., Accell Group N.V and Robert Bosch GmbH.

Coverage: All major geographies and key segments

Segments:Product Type(Class 1: Pedal Assist,Class 2: Throttle On Demand,Class 3: Speed Pedelec,Class 4: Moped or Motorcycle); Battery Type(Lithium iron phosphate (LiFePO4),Lithium Ion (Li Ion),Nickel Metal Hydride (NiMH),Lithium Polymer (LiPo),Lithium Titanate (Li2TiO3)); Conversion Kits Type(Hub Motor Conversion Kits,Mid Drive Conversion Kits,All-in-One Wheel Kits,Friction Drive)

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

In-depth research report on “Electric Bikes Market: Global Industry analysis (2012-2016) and Forecast (2017-2022)” covers extensive analyses on several aspects of the electric bikes market to give the reader an exquisite feel of the market in a nutshell. It covers various market dynamics influencing the market which can be used to devise strategies to stay ahead in the dynamically changing market picture.

The Global Electric Bikes Market Research Report is Crafted Using a Unique Research Methodology

The research carried out for analyzing the electric bikes market follows an exclusive research methodology which increases the accuracy percentage by reducing the deviations to a great extent. The one of its kind research methodology follows a repetitive pattern wherein each data point of every single parameter of each and every segment is evaluated multiple times and then the re-validation offers extremely higher accuracy with reduced errors. There is no room for miscalculations due to such a streamlined and structured research process. The method of triangulation raises the credibility bar, definitely improving the quality of the research. Managed by domain experts, the analysts have crafted the electric bikes market research report in such a way that it can be easily understood owing to simple yet matchless report structure.

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The comprehensiveness of the electric bikes market research report is proven as it covers every single angle present in every single segment and sub-segment of the global electric bikes market with respect to each sub region of important geographies. The weighted intelligence around various aspects such as market shares, supply and demand side analysis, revenue and sales, product innovations, product portfolios, marketing strategies, mergers and acquisitions, competitor analysis, forecasts, etc., is included in the electric bikes market research report and it does bring a holistic touch to the research report.

The reader can get a broad idea regarding implementation of marketing strategies in order to achieve informed growth in the years to come. The geographical cover up includes intelligence on important landscapes of North America, Europe, Latin America, Asia-pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Each of these geographies are further sub-categorized and accessed. Several aspects are analyzed which have an impact on the electric bikes market growth and the opportunities and threats that these regions possess. Moreover, the macro economical aspects, trends, drivers and challenges are also discussed in this research study.

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