E-Bike drive market to grow by $ 5.66 billion during 2020-2024

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The e-bike drive market is poised to grow by $ 5.66 billion during 2020-2024 progressing at a CAGR of 13% during the forecast period says the report of ResearchAndMarkets.com. This report on the e-bike drive market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as key vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing popularity of mid-drive motors and increasing health concerns and demand for eco-friendly transportation among consumers. This study identifies the traffic snarls due to growing urbanization as another key driver of growth in the e-bike drive market.

The e-bike drive market covers the following areas:

  • E-bike drive market sizing
  • E-bike drive market forecast
  • E-bike drive market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading e-bike drive market vendors that include BionX International Corp., Brose Fahrzeugteile SE & Co., COMP DRIVES sro, Continental AG, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., SPORTTECH Handels GmbH, Yamaha Corp., and ZF Friedrichshafen AG. Also, the e-bike drive market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

This study presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary.

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