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Global E-Mountain Bike Market

Dublin, July 10, 2023 (GLOBE NEWSWIRE) -- The "Global E-Mountain Bike Market- Market Size & Forecasting to 2032" report has been added to ResearchAndMarkets.com's offering.

The E-Mountain Bike Market is estimated to be USD 8.73 billion in 2023 and is projected to reach USD 24.94 billion by 2032, at a CAGR of 12.37% during the forecast period.

As the younger generation is showing great interest in trekking and leisure activities, the e-mountain is rising rapidly. Similarly, people are increasingly interested in performance-based adventure sports, which are expected to increase the demand for e- mountain bikes. Sports and physical activity, through electric motors, are becoming more adaptable.

Long drives over the hills are becoming easier, and with much less effort, steep terrain can be overcome. With the same amount of effort as on flat land, longer distances can be done - all of which draws even keen mountain bikers to the E-Mountain Bike.

Moreover, rising demand for electric vehicles, and technological advancement in two-wheeler bike is expected to create numerous opportunities for this market to grow in the coming years. However, mass production of the E-mountain bike system is expected to reduce the price in the forecast period.The competitive scenario highlights the performance of major companies operating in this market. This includes detailed profiling of major companies and their competitive benchmarking. Product profiling provides key information including products/solutions offered, key developments, company performances, and strategies adopted in the recent years.

Major companies profiled in the market include Yamaha Motor, Pedego Electric Bikes, BH Bikes., Beistegui Hermanos SA, Cycling Sports Group Inc, Derby Cycle Holding GMBH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Pivot Cycle, Scott Sports SA., Trek Bicycle Corp, XDS Bikes and others. These companies have adopted product development, expansion, and merger strategies to consolidate market position amongst intense competition.

Key Attributes:

Report Attribute

Details

No. of Pages

256

Forecast Period

2019 - 2032

Estimated Market Value (USD) in 2019

$5.5 Billion

Forecasted Market Value (USD) by 2032

$24.94 Billion

Compound Annual Growth Rate

12.3%

Regions Covered

Global

Key Topics Covered:

1. Market Abstract2. Market Introduction3. Key Related Data3.1 Key Industry Trends3.2 Technology Advancement 3.3 Other Key Industry Outlook3.4 Guidelines & Regulations3.4.1 Major Regulatory Agencies3.4.2 Standards3.5 Covid- 19 Impact on Global E-Mountain Bike Market3.5.1 Impact on Supply Chain3.5.2 Demand Analysis During the Pandemic3.5.3 Regional/Country Analysis4. Impact Factor Analysis4.1 Market Dynamics4.1.1 Drivers4.1.1.1 Increasing Demand from End-Use Industries4.1.2 Restraints4.1.2.1 Fluctuating Prices of Raw Materials4.1.3 Opportunities4.1.3.1 Expansion of End-Use Industries 4.1.4 Challenges4.1.4.1 Stringent Regulations4.2 Porter's Five Force Model5. Market Development Analysis5.1 New Product Type Development/Launch (2015-2022)5.2 Mergers and Acquisitions (2015-2022)5.3 Partnerships/Agreements/Collaborations (2015-2022)

6. Global E-Mountain Bike Market, by Class (Pre-Covid and Covid Market Estimation and Forecast, 2019-2032), Value (Usd Million), Volume (Tons)

7. Global E-Mountain Bike Market, by Application (Pre-Covid and Covid Market Estimation and Forecast, 2019-2032), Value (Usd Million), Volume (Tons)

8. Global E-Mountain Bike Market, by Battery (Pre-Covid and Covid Market Estimation and Forecast, 2019-2032), Value (Usd Million), Volume (Tons)

9. Global E-Mountain Bike Market, Regional Analysis (Pre-Covid and Covid Market Estimation and Forecast, 2019-2032), Value (Usd Million), Volume (Tons)

10. Global E-Mountain Bike Market, Competitive Intelligence

11. Global E-Mountain Bike Market, Company Analysis

12. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/s13nhm

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Global E-Mountain Bike Market