E-bike Market In Europe to Attain 2.35 mn Models by 2024, Accell Group NV and BH BIKES EUROPE SL Emerge as a Key Contributors to Development | Technavio |
LONDON–(BUSINESS WIRE)–Oct 5, 2020–
Technavio has been monitoring the e-bike market in Europe and it’s poised to develop by 2.35 mn items throughout 2020-2024, progressing at a CAGR of over 12% in the course of the forecast interval. The report gives an up-to-date evaluation relating to the present market state of affairs, newest tendencies and drivers, and the general market setting.
Technavio has introduced its newest market analysis report titled E-bike Market in Europe 2020-2024 (Graphic: Enterprise Wire)
Though the COVID-19 pandemic continues to rework the expansion of varied industries, the quick impression of the outbreak is diversified. Whereas a couple of industries will register a drop in demand, quite a few others will proceed to stay unscathed and present promising progress alternatives. Technavio’s in-depth analysis has all of your wants coated as our analysis studies embody all foreseeable market eventualities, together with pre- & post-COVID-19 evaluation. Download a Free Sample Report on COVID-19 Impacts
Regularly Requested Questions:
- What are the key tendencies available in the market?
Elevated demand for personalised or personalized medical gadgets is a serious pattern driving the expansion of the market.
- At what fee is the market projected to develop?
The year-over-year progress for 2020 is estimated at 11.91% and the incremental progress of the market is anticipated to be $ 2.35 mn.
- Who’re the highest gamers available in the market?
Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH & Co. KG, Big Manufacturing Co. Ltd., Klever Mobility Europe GmbH, LEADER Ltd., Riese & Müller GmbH, Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electrical Car Co. Ltd., are among the main market individuals.
- What’s the key market driver?
The demand for eco-friendly transportation is among the main elements driving the market.
- How massive is the Remainder of Europe market?
The Remainder of Europe area will contribute 41% of the market share.
The market is fragmented, and the diploma of fragmentation will speed up in the course of the forecast interval. Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Georg Fritzmeier GmbH & Co. KG, Big Manufacturing Co. Ltd., Klever Mobility Europe GmbH, LEADER Ltd., Riese & Müller GmbH, Yamaha Motor Co. Ltd., and Zhejiang Luyuan Electrical Car Co. Ltd. are among the main market individuals. The demand for eco-friendly transportation will provide immense progress alternatives. To make a lot of the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.
Purchase 1 Technavio report and get the second for 50% off. Purchase 2 Technavio studies and get the third totally free.
Technavio’s customized analysis studies provide detailed insights on the impression of COVID-19 at an business degree, a regional degree, and subsequent provide chain operations. This personalized report can even assist shoppers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and important developments in vendor operations and authorities rules.
E-bike Market in Europe 2020-2024: Segmentation
E-bike Market in Europe is segmented as under:
- Lithium-ion Battery
- Sealed Lead Acid Battery
- City E-bikes
- Trekking E-bikes
- Cargo E-bikes
- Geographic Panorama
- The Netherlands
- Relaxation Of Europe
E-bike Market in Europe 2020-2024: Scope
Technavio presents an in depth image of the market by the best way of examine, synthesis, and summation of knowledge from a number of sources. The e-bike market in Europe report covers the next areas:
- E-bike Market in Europe Dimension
- E-bike Market in Europe Traits
- E-bike Market in Europe Trade Evaluation
This examine identifies elevated demand for personalised or personalized medical gadgets as one of many prime causes driving the E-bike Market progress in Europe in the course of the subsequent few years.
Technavio suggests three forecast eventualities (optimistic, possible, and pessimistic) contemplating the impression of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis studies.
E-bike Market in Europe 2020-2024: Key Highlights
- CAGR of the market in the course of the forecast interval 2020-2024
- Detailed data on elements that may help e-bike market progress in Europe in the course of the subsequent 5 years
- Estimation of the e-bike market dimension in Europe and its contribution to the mother or father market
- Predictions on upcoming tendencies and modifications in shopper habits
- The expansion of the e-bike market in Europe
- Evaluation of the market’s aggressive panorama and detailed data on distributors
- Complete particulars of things that may problem the expansion of e-bike market distributors in Europe
- Market ecosystem
- Worth chain evaluation
- Market definition
- Market section evaluation
- Market dimension 2019
- Market outlook: Forecast for 2019 – 2024
- Bargaining energy of patrons
- Bargaining energy of suppliers
- Menace of latest entrants
- Menace of substitutes
- Menace of rivalry
- Market situation
Market Segmentation by Product
- Market segments
- Comparability by Product placement
- Pedelecs – Market dimension and forecast 2019-2024
- S-pedelecs – Market dimension and forecast 2019-2024
- Market alternative by Product
Market Segmentation by Expertise
- Market segments
- Comparability by Expertise placement
- Lithium-ion battery – Market dimension and forecast 2019-2024
- Sealed lead acid battery – Market dimension and forecast 2019-2024
- Market alternative by Expertise
Market Segmentation by Platform
- Market segments
- Comparability by Platform placement
- City e-bikes – Market dimension and forecast 2019-2024
- Trekking e-bikes – Market dimension and forecast 2019-2024
- eMTBs – Market dimension and forecast 2019-2024
- Cargo e-bikes – Market dimension and forecast 2019-2024
- Others – Market dimension and forecast 2019-2024
- Market alternative by Platform
- Geographic segmentation
- Geographic comparability
- Germany – Market dimension and forecast 2019-2024
- The Netherlands – Market dimension and forecast 2019-2024
- Belgium – Market dimension and forecast 2019-2024
- Remainder of Europe – Market dimension and forecast 2019-2024
- Key main nations
- Market alternative by geography
Drivers, Challenges, and Traits
- Market drivers
- Quantity driver – Demand led progress
- Quantity driver – Provide led progress
- Quantity driver – Exterior elements
- Quantity driver – Demand shift in adjoining markets
- Value driver – Inflation
- Value driver – Shift from decrease to greater priced items
- Market challenges
- Market tendencies
- Panorama disruption
- Distributors coated
- Market positioning of distributors
- Accell Group NV
- BH BIKES EUROPE SL
- Derby Cycle Holding GmbH
- Georg Fritzmeier GmbH & Co. KG
- Big Manufacturing Co. Ltd.
- Klever Mobility Europe GmbH
- LEADER Ltd.
- Riese & Müller GmbH
- Yamaha Motor Co. Ltd.
- Zhejiang Luyuan Electrical Car Co. Ltd.
- Scope of the report
- Foreign money conversion charges for US$
- Analysis methodology
- Checklist of abbreviations
Technavio is a number one international expertise analysis and advisory firm. Their analysis and evaluation focuses on rising market tendencies and gives actionable insights to assist companies determine market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 studies and counting, protecting 800 applied sciences, spanning throughout 50 nations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising consumer base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to determine alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.
CONTACT: Technavio Analysis
Media & Advertising and marketing Govt
INDUSTRY KEYWORD: SPORTS BIKING/CYCLING
SOURCE: Technavio Analysis
Copyright Enterprise Wire 2020.
PUB: 10/05/2020 12:15 AM/DISC: 10/05/2020 12:15 AM
Copyright Enterprise Wire 2020.