United States E-Bike Market Share, Outlook, Future Growth and Opportunities by 2025
According to the latest report by IMARC Group, titled, “United States E-Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the United States e-bike market is currently witnessing strong growth. Looking forward, the market is expected to exhibit robust growth during the forecast period (2020-2025).
E-bikes, also called electronic bikes, are battery-powered bicycles comprising an electric motor, battery, and a drivetrain. These bikes primarily use lead-acid batteries that enable them to cover long distances on a single charge. They promote cardiovascular fitness, muscle strength, and flexibility to users and reduce stress and depression. Furthermore, e-bikes have emerged as an ecologically sustainable mode of transportation as they help in reducing the carbon emissions.
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In the United States, the rising consumer concerns towards the depletion of conventional fossil fuels and soaring fuel prices are primarily driving the demand for e-bikes. Furthermore, the implementation of favorable regulations by the U.S. Environmental Protection Agency (EPA) for reducing carbon emission levels from fuel-based vehicles has also propelled the market growth. Additionally, several regional companies are emphasizing on the integration of e-bikes with numerous advanced technologies, such as Internet-of-Things, GPS, AI, etc., which have led to numerous product innovations. The introduction of smart e-bikes that are wirelessly connected to numerous software applications for displaying bike speed, battery status, power levels, and distance covered, will continue to further catalyze the market growth in the U.S.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
For more information about this report visit: https://www.imarcgroup.com/united-states-e-bike-market
United States E-Bike Market 2020-2025 Analysis and Segmentation:
The report has segmented the market on the basis of Mode, Motor Type, Battery Type, Class, Design, Application and Region.
Market Segmentation by Mode:
Market Segmentation by Motor Type:
Market Segmentation by Battery Type:
Nickel-Metal Hydride (NiMH)
Market Segmentation by Class:
Market Segmentation by Design:
Market Segmentation by Application:
Market Segmentation by Region:
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