Asia-Pacific e-bike market is projected to register a CAGR of 10.1% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Asia-Pacific E-Bike Market, By Battery Type (Lithium-Ion, Lithium-Ion Polymer, Nickel Metal Hydride, Lead Acid, Sealed Lead Acid, and Others), Hub Motor Location (Mid Drive Hub Motor, Rear Hub Motor, and Front Hub Motor), Mode (Pedal Assist, and Throttle), Battery Power (Under 750 W, and Over 750 W), Class (Class I (Pedal Assist/Pedelec), Class II (Throttle), and Class III (Speed Pedelec)), Usage (City/Urban, Cruise, Mountain/Trekking Bikes, Racing, Cargo, and Others), Country (China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Asia-Pacific e-bike market are:
- Increasing trends of cycling
- Features of long lasting batteries
Market Players
The key market players for Asia-Pacific e-bike market are listed below:
- Accell Group
- JIANGSU XINRI E-VEHICLE CO.,LTD.
- AIMA TECHNOLOGY CO.,LTD
- Riese & Muller GmbH
- Kawasaki Motors Corp., U.S.A.
- WUXI YADEA EXPORT-IMPORT CO.,LTD.
- Giant Bicycles
- Trek Bicycle Corporation
- Specialized Bicycle Components, Inc.