Electric Cargo Bike Market Demand, Major Manufacturers, Price Trends, Business Opportunities and Forecast Report 2022-2027
SHERIDAN, WYOMING, USA, August 23, 2022 /EINPresswire.com/ — The latest research report from the IMARC group, titled “Electric cargo bike market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027”, offers detailed analysis of market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the market scenarios current and future.
The global electric cargo bike market is expected to grow at a CAGR of 12.17% during the period 2022-2027. An electric cargo bike is a convenient, sustainable, clutter-free and inclusive alternative for first and last mile deliveries and the provision of general logistics services. These bikes are powered by batteries, such as nickel-based and lithium-ion batteries. Electric cargo bikes are ideal for various transportation needs due to their small size and low weight. They can be used to deliver packages, cargo, food, and more efficiently. These bikes are gaining popularity because they are highly efficient, durable and easy to use.
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Important Attribute and Report Highlights:
Detailed Global Market Share AnalysisMarket segmentation by product type, battery type and end user.Historical, current and projected market size in terms of volume and valueLatest industry trends and developmentsCompetitive landscape for the electric cargo bike market
Strategies of key players and product offerings
The global market is mainly driven by the growing environmental concerns. In this light, increasing expenditure by governments of various countries on renewable energy and environmentally acceptable options is creating a positive outlook for the market. This is further supported by supportive initiatives to promote clean transport around the world. Additionally, rapid advancements in vehicle manufacturing technology are catalyzing the growth of the market. Apart from this, the rising popularity of electric automobiles is propelling the growth of the market across the globe. Moreover, the proliferation of e-commerce platforms is enhancing the growth of the market.
Key Players Covered in the Global Electric Bicycle Market Research Report:
Accell Group SAAmsterdam Bicycle CompanyButchers & Bicycles Ltd.CERO inc.Derby Cycle AG (Pon Holdings BV)Giant bikesMahindra & Mahindra LimitedRad Power Bikes Inc.Riese & Müller GmbHworker cycles
Xtracycle cargo bikes and Yuba bikes.
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Overview of the impact of COVID-19:
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Key Market Segmentation:
Breakdown by product type:
Two wheelsthree wheels
Four wheels
Breakdown by battery type:
Li-ionlead based
Nickel-based
Breakdown by end user:
Courier and parcel service providersDelivery servicePersonal useLarge Retail ProvidersMunicipal waste services
Others
Breakdown by region:
North America (USA, Canada)Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)Europe (Germany, France, United Kingdom, Italy, Spain, Others)Latin America (Brazil, Mexico, others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Table of Content of Electric Cargo Bike Market Research Report:
PrefaceScope and methodologySummaryIntroductionGlobal electric cargo bike marketSWOT analysisValue chain analysisPrice analysis
Competitive landscape
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Who we are:
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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