Global Pedelec Market | Growth, Trends, and Forecast (2019 – 2024) – iCrowdNewswire
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Apr 16, 2019 5:16 AM ET

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Global Pedelec Market | Growth, Trends, and Forecast (2019 – 2024)

iCrowdNewswire - Apr 16, 2019

Pedelec Market Research Growth 2024

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. In particular, this report presents the global market share sales and revenue of key companies in Pedelec business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Pedelec market by product type, application, key manufacturers and key regions and countries.

Access Full Report with TOC @https://www.planetmarketreports.com/reports/global-pedelec-market-growth-2019-2024

This study considers the Pedelec value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Urban Pedelec
Touring Pedelec
Mountain Pedelec
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Leisure
Commuting

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BBF Bike
Accell
Derby Cycle
Giant Bicycle
Merida
Trek Bicycle
BMC Group
Specialized
Riese & Müller
Stevens

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

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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