The Global Pedelec Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
A pedelec (from pedal electric cycle) is a bicycle where the rider’s pedalling is assisted by a small electric motor; thus it is a type of low-powered e-bike. However, unlike some other types of e-bikes, pedelecs are classified as conventional bicycles in many countries by road authorities rather than as a type of electric moped. Pedelecs include an electronic controller which cuts power to the motor when the rider is not pedalling or when a certain speed – usually 25 km/h (16 mph) – is reached.
Europe is expected to be the largest market with market share of 84.15% in 2018 for Pedelec during the forecast period. Following Europe, North America is the second largest market with share of 8.45% in 2018.
According to this study, over the next five years the Pedelec market will register a 15.5% CAGR in terms of revenue, the global market size will reach US$ 17400 million by 2024, from US$ 8500 million in 2019.
Browse the complete Pedelec market Report and TOC @ https://www.decisiondatabases.com/ip/43285-pedelec-market-analysis-report
The key manufacturers covered in this report:
- BBF Bike
- Accell
- Derby Cycle
- Giant Bicycle
- Merida
- Trek Bicycle
- BMC Group
- Specialized
- Riese & Müller
- Stevens
Segmentation by product type:
- Urban Pedelec
- Touring Pedelec
- Mountain Pedelec
- Others
Segmentation by application:
- Leisure
- Commuting
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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Research objectives
- To study and analyze the global Pedelec consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Pedelec market by identifying its various subsegments.
- Focuses on the key global Pedelec manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Pedelec with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Pedelec submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Other Reports by DecisionDatabases.com:
Global Orthopedic Shoes Market Growth 2019-2024 @ https://www.decisiondatabases.com/ip/15060-orthopedic-shoes-market-analysis-report
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DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.
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Web: www.decisiondatabases.com/
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