Middle East and Africa Electric Bike (E-Bike) Market was valued at USD 822.22 million in 2021 and is expected to reach USD 1705.82 million by 2029, registering a CAGR of 8.90% during the forecast period of 2022-2029.
The market research report, such as Middle East and Africa Electric Bike (E-Bike) Market report, plays a principal role in developing and enhancing the strategies for sales, advertising, marketing, and promotion. To carry out competitive analysis, a range of strategies of the major players in the market have been considered that range from new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to an ascend of their footprints in the market. Middle East and Africa Electric Bike (E-Bike) market analysis report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for This industry.
An international Middle East and Africa Electric Bike (E-Bike) market survey report has been generated by considering myriad of objectives of market research that are vital for the success of This industry. This large scale report also presents an idea about consumer’s demands, preferences, and their altering likings about particular product. A data triangulation method is applied for this purpose which entails data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Middle East and Africa Electric Bike (E-Bike) report estimates CAGR values in percentages which designate the rise or fall occurring in the market for particular product for the specific forecast period.
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Key Players Mentioned in the Middle East and Africa Electric Bike (E-Bike) Market Research Report:
Accell Group (Netherlands)
Derby Cycle (Germany)
JIANGSU XINRI E-VEHICLE CO.,LTD. (China)
Karbon Kinetics Ltd (UK)
ITALJET SPA (Italy)
Riese Müller GmbH (Germany)
M1-Sporttechnik (Germany)
F.I.V. E. Bianchi S.p.A. (Italy)
Kawasaki Motors Corp., U.S.A. (US)
WUXI YADEA EXPORT-IMPORT CO.,LTD. (China)
Giant Bicycles (Taiwan)
Trek Bicycle Corporation (US)
myStromer AG (Switzerland)
Specialized Bicycle Components, Inc.(US)
Recent Developments
In February 2020, Specialized Bicycle Components, Inc. announced the launch of Turbo Levo SL. The new model comes under the mountain usage category and offer light weight built and comes with 29 inch wheel and weighs 9 pounds less than other turbo e-bikes. The new product increased the product portfolio of the company.
In June 2019, Giant Bicycles announced the launch of FastRoad E+ EX Pro E-bike. The new electric bike came in with new motor and battery packs and offered faster commuting in the city streets. The new product increased the product portfolio of the company.
Middle East and Africa Electric Bike (E-Bike) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Government Initiatives
The rise in the government initiatives to encourage the use of electric bikes acts as one of the major factor driving the growth of electric bike (e-bike) market. These bikes are being considered an eco-friendly and efficient solution for commute.
- Consumer Inclination towards Electric bikes
The rise in consumer inclination towards electric or e-bikes accelerate the market growth. These bikes are widely adopted as they are smaller in size, provide health benefits and offers higher speed with lesser effort.
- Tourism Sector
The expansion of tourism sector in the region further influence the market. The rise in number of tourists and congestion caused by the number escalate the demand for electric bikes.
Additionally, surge in investments, expansion of the automotive sector and increased disposable income positively affect the electric bike (e-bike) market.
Opportunities
Furthermore, development of lightweight electrical energy storage systems extends profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, trend towards connected e-bikes will further escalate the growth of electric bike (e-bike) market.
Restraints/Challenges faced by the Middle East and Africa Electric Bike (E-Bike) Market
On the other hand, international trade policies and regulations and government regulations and lack of infrastructure are expected to obstruct market growth. Also, technology challenges and high cost of e-bikes are projected to challenge the electric bike (e-bike) market in the forecast period of 2022-2029.
This electric bike (e-bike) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electric bike (e-bike) market contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
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Middle East and Africa Electric Bike (E-Bike) Market Segmentations:
Battery Type
- Lithium-Ion
- Lithium-Ion Polymer
- Nickel Metal Hydride
- Lead Acid
- Sealed Lead Acid
- Others
Hub Motor Location
- Mid Drive Hub Motor
- RearHub Motor
- Front Hub Motor
Mode
- Pedal Assist
- Throttle
Battery Power
- Under 750 W
- Over 750 W
Class
- Class I (Pedal Assist/Pedelec)
- Class II (Throttle)
- Class III (Speed Pedelec)
Usage
- City/Urban
- Cruise
- Mountain/Trekking Bikes
- Racing, Cargo
- Others
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A recent report published by data bridge Market Research Report, titled, Middle East and Africa Electric Bike (E-Bike) provides an in-depth analysis of the Middle East and Africa Electric Bike (E-Bike) market. The research report is divided in a way to highlight the key areas of the market and provide a comprehensive understanding to the reader. The report deals with various aspects of the Middle East and Africa Electric Bike (E-Bike) Market such as its scope to studies its drivers and the restrains, market size, market segment analysis, regional outlook, major players, and competitive landscape. The research report on the Middle East and Africa Electric Bike (E-Bike) Market uses primary and secondary research methodology to provide accurate data to its readers. In order to completely evaluate the market and key players. Analysts have also used SWOT analysis and Porter's five forces analysis.
Key Benefits:
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the Middle East and Africa Electric Bike (E-Bike) Market circumstances on a regional and country-by-country basis.
- The Middle East and Africa Electric Bike (E-Bike) market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the Middle East and Africa Electric Bike (E-Bike) market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Middle East and Africa Electric Bike (E-Bike) Market Report
- Part 03: Middle East and Africa Electric Bike (E-Bike) Market Landscape
- Part 04: Middle East and Africa Electric Bike (E-Bike) Market Sizing
- Part 05: Middle East and Africa Electric Bike (E-Bike) Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
New Business Strategies, Challenges Policies are mentioned in Table of Content, Request TOC @ : https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-and-africa-e-bike-market
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