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Showing posts from November, 2022

E-Bike Market Opportunities & Prominent Trends by 2026

  The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. The market is expected to witness growth due to the development of infrastructure for e-Bike cycling paths, adoption of the micro mobility solutions, tax benefits and subsidies given by various governments to promote and create awareness about the usage of e-Bike. With the growing popularity and usage of e-Bikes, the mountain e-Bike segment is expected to register the growth rate of 17.1% from 2022 to 2027. There has been a growing inclination of riders for the off roading and recreational activities for leisure purpose. Post-COVID-19 scenario, many European countries like Austria, Switzerland, Germany, Spain, and Norway are developing holiday packages with the growing craze for off-road recreational activities. Many major players in global market like as Accell Group N.V (Netherlands), Pon.Bike (US), Merida Industry Co., Ltd (Chin

E-Bike Market Size, Growth, Demand, Opportunities & Forecast To 2027

  The report  " E-Bike Market  by Class (Class-I, Class-II, Class-III), Speed (Up to 25km/h, 25-45 km/h), Battery Type (Lithium-ion, Lithium-ion Polymer, Lead Acid), Motor Type, Mode (Pedal Assist, Throttle), Component, Usage, Ownership and Region - Forecast to 2027" The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. The market is expected to witness growth due to increase in demand for sustainable mobility solutions, rising traffic congestions, increasing fuel prices and growing interest in cycling as a fitness and recreational activity. Lithium-ion polymer battery type segment is expected to be the highest growing segment during the forecast period. The Lithium-ion polymer batteries are the future of the battery technology. Lithium-ion polymer batteries offer a better range and lesser weight than lithium-ion batteries. Another benefit is these batteries do not have free

Electric Utility Vehicle Market Size, Share, Trends, Top Players and Forecast 2027

The global electric utility vehicle market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%. Electric all-terrain vehicles (ATVs), utility task vehicles (UTVs), utility carts, shuttle carts, and industrial utility vehicles were mapped as part of this research. Factors such as improved government push for electrification of agricultural utility vehicles, easy access to charging points, and increased user preference for zero-emission transport will increase the demand for electric utility vehicles. The market is dominated by established players such as Polaris (US), Club Car (US), Toyota Industries Corporation (Japan), John Deere (US), and Textron (US), among others. These players have worked on providing offerings for the electric utility vehicle ecosystem. They have initiated partnerships to develop their electric utility vehicle technology and offer best-in-class products to their customers. Electric ATVs are used in forest