The E-bike market is led by the APAC region in 2018. APAC led the landing global e-bike market with more than 70.3% share, followed by Europe and North America region. The rate of e-bike sales growth in China outstrips other personal modes.
The e-bike market on the basis of battery type is segmented into lithium-ion, lithium-ion polymer, and lead-acid. The e-bike manufacturers have undertaken several initiatives to boost the adoption of these across developing countries such as India. In 2016, Hero Electric introduced vehicles powered with lithium-ion batteries.
Global E-Bike Market - Company Profiles
- Aventon Bikes
- Giant Bicycles
- Merida Industry Co., Ltd.
- Pedego Electric Bikes
- Robert Bosch GmbH
- Specialized Bicycle Components, Inc.
- Shimano Inc.
- Trek Bicycle Corporation
- Yamaha Motor Co., Ltd.