The Global Pedelec Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
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
- Derby Cycle
- Giant Bicycle
- Trek Bicycle
- BMC Group
- Riese & Müller
Segmentation by product type:
- Urban Pedelec
- Touring Pedelec
- Mountain Pedelec
Segmentation by application:
This report also splits the market by region:
- United States
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- 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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