LONDON–(BUSINESS WIRE)–Sep 11, 2020–
Technavio has been monitoring the low-powered electrical bike and scooter market and it’s poised to develop by 2,710.07 th models throughout 2020-2024, progressing at a CAGR of over 6% throughout the forecast interval. The report presents an up-to-date evaluation relating to the present market state of affairs, newest tendencies and drivers, and the general market setting.
Technavio has introduced its newest market analysis report titled World Low-powered Electrical Bike and Scooter Market 2020-2024 (Graphic: Enterprise Wire)
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Ceaselessly Requested Questions:
- What are the key tendencies out there?
Emergence of all-electric off-road bikes is a serious development driving the expansion of the market.
- At what fee is the market projected to develop?
The year-over-year progress for 2020 is estimated at 6.24% and the incremental progress of the market is anticipated to be 2,710.07 th models.
- Who’re the highest gamers out there?
Electrotherm Ltd., Greaves Cotton Ltd., Hero Electrical Automobiles Pvt. Ltd., Mahindra & Mahindra Ltd., Niu Applied sciences, SONGUO MOTORS Co. Ltd., TACITA Srl, Z Electrical Automobile Corp., Zero Bikes Inc., and Zhejiang Luyuan Electrical Automobile Co. Ltd., are a number of the main market contributors.
- What’s the key market driver?
The rising demand for low price Li-ion batteries is without doubt one of the main elements driving the market.
- How massive is the APAC market?
The APAC area will contribute 89% of the market share.
The market is fragmented, and the diploma of fragmentation will speed up throughout the forecast interval. Electrotherm Ltd., Greaves Cotton Ltd., Hero Electrical Automobiles Pvt. Ltd., Mahindra & Mahindra Ltd., Niu Applied sciences, SONGUO MOTORS Co. Ltd., TACITA Srl, Z Electrical Automobile Corp., Zero Bikes Inc., and Zhejiang Luyuan Electrical Automobile Co. Ltd. are a number of the main market contributors. The rising demand for low price Li-ion batteries will provide immense progress alternatives. To make many of the alternatives, market distributors ought to focus extra on the expansion prospects within the fast-growing segments, whereas sustaining their positions within the slow-growing segments.
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Technavio’s customized analysis reviews provide detailed insights on the affect of COVID-19 at an business degree, a regional degree, and subsequent provide chain operations. This custom-made report can even assist shoppers sustain with new product launches in direct & oblique COVID-19 associated markets, upcoming vaccines and pipeline evaluation, and vital developments in vendor operations and authorities laws.
Low-Powered Electrical Bike and Scooter Market 2020-2024: Segmentation
Low-Powered Electrical Bike and Scooter Market is segmented as beneath:
- Electrical Scooters
- Electrical Bikes
- Geographic Panorama
- North America
- South America
Low-Powered Electrical Bike and Scooter Market 2020-2024: Scope
- Low-Powered Electrical Bike and Scooter Market Measurement
- Low-Powered Electrical Bike and Scooter Market Developments
- Low-Powered Electrical Bike and Scooter Market Trade Evaluation
This research identifies the emergence of all-electric off-road bikes as one of many prime causes driving the low-powered electrical bike and scooter market progress throughout the subsequent few years.
Technavio suggests three forecast eventualities (optimistic, possible, and pessimistic) contemplating the affect of COVID-19. Technavio’s in-depth analysis has direct and oblique COVID-19 impacted market analysis reviews.
Low-Powered Electrical Bike and Scooter Market 2020-2024: Key Highlights
- CAGR of the market throughout the forecast interval 2020-2024
- Detailed data on elements that may help low-powered electrical bike and scooter market progress throughout the subsequent 5 years
- Estimation of the low-powered electrical bike and scooter market dimension and its contribution to the mum or dad market
- Predictions on upcoming tendencies and modifications in shopper habits
- The expansion of the low-powered electrical bike and scooter market
- Evaluation of the market’s aggressive panorama and detailed data on distributors
- Complete particulars of things that may problem the expansion of low-powered electrical bike and scooter market distributors
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Forex conversion charges for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market traits
- Worth chain evaluation
- Market segmentation evaluation
- Market definition
- Market sizing 2019
- Market outlook
- Market dimension and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Risk of latest entrants
- Risk of substitutes
- Risk of rivalry
- Market situation
PART 06: MARKET SEGMENTATION BY VEHICLE TYPE
- Market segmentation by car kind
- Comparability by car kind
- Electrical scooters – Market dimension and forecast 2019-2024
- Electrical bikes – Market dimension and forecast 2019-2024
- Market alternative by car kind
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparability
- APAC – Market dimension and forecast 2019-2024
- Europe – Market dimension and forecast 2019-2024
- North America – Market dimension and forecast 2019-2024
- South America – Market dimension and forecast 2019-2024
- MEA – Market dimension and forecast 2019-2024
- Key main international locations
- Market alternative
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Launching of electrical two-wheelers by main two-wheeler producers
- Emergence of all-electric off-road bikes
- Adoption of electrical bikes and scooters for shared mobility and as supply fleets
PART 12: VENDOR LANDSCAPE
- Panorama disruption
- Aggressive state of affairs
- Distributors coated
- Vendor classification
- Market positioning of distributors
- Electrotherm Ltd.
- Greaves Cotton Ltd.
- Hero Electrical Automobiles Pvt. Ltd.
- Mahindra & Mahindra Ltd.
- Niu Applied sciences
- SONGUO MOTORS Co. Ltd.
- TACITA Srl
- Z Electrical Automobile Corp.
- Zero Bikes, Inc.
- Zhejiang Luyuan Electrical Automobile Co. Ltd.
- Analysis methodology
- Checklist of abbreviations
- Definition of market positioning of distributors
PART 15: EXPLORE TECHNAVIO
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market tendencies and supplies actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, protecting 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.
CONTACT: Technavio Analysis
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INDUSTRY KEYWORD: MOTORCYCLES OTHER AUTOMOTIVE AUTOMOTIVE
SOURCE: Technavio Analysis
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PUB: 09/11/2020 11:15 AM/DISC: 09/11/2020 11:15 AM