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The Asia Pacific e-bike market size reached US$ 12.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.1 Billion by 2027, exhibiting at a CAGR of 7.0% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
An e-bike refers to a bicycle that can be moved by peddling or through rechargeable batteries. It consists of an electronic motor, battery and a drivetrain. It covers longer distances with lesser peddling effort, and in a shorter period. In the Asia Pacific region, electronic bicycles have gained traction as they are convenient for all age groups, easy to operate and an economical mode of transportation. They also provide various physical and mental health benefits like improved cardiovascular fitness, muscle strength, and reduced stress and depression.
The Asia Pacific region represents one of the largest markets for e-bikes across the globe, primarily driven by the growing consciousness for the environment. This has shifted consumers’ preferences toward e-bikes as they are eco-friendly, help reduce carbon footprints and can charge through solar power. Besides this, the increasing collaborations between various foreign investors and domestic players have paved the way for a competitive market, offering an attractive price range, which is acting as a major growth-inducing factor. Furthermore, the flourishing tourism industry has prompted a rising number of tourists to opt for e-bikes as a self-driving alternative to commute due to their effortless riding experience. These bikes are also extensively used for various adventure sports, which is increasing their popularity among the younger generation in the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific e-bike market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on mode, motor type, battery type, class, design and application.
Breakup by Mode:
Breakup by Motor Type:
Breakup by Battery Type:
Breakup by Class:
Breakup by Design:
Breakup by Application:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Mode, Motor Type, Battery Type, Class, Design, Application, Country|
|Countries Covered||China, Japan, India, South Korea, Australia, Indonesia, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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