APEJ Region Holds More than 86% Volume Share in the Pedelec Market

Posted on 2019-06-18 by Mark Hub in Automotive, Industrial // 0 Comments

Rockville, USA, 2019-Jun-18 — /EPR Network/ —

The pedelec market will surpass US$ 26 billion to record a healthy 3.1% y-o-y in 2019, reveals the latest market report published by Fact.MR. The study finds that consumer mindset inclined towards adopting sustainable modes of transportation will provide a fillip to growth of the pedelec market in the upcoming years. The study thoroughly assesses growth parameters of the pedelec market to provide actionable insights for market players to plan salient business strategies for the coming future.

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At the backdrop of soaring popularity, leading vendors in pedelec market are aimed at achieving significant geoigraphical expansion, besides offsetting prevalent drawbacks such as cost intensive investment and deficient speed. Improvement of torque and speed are core concern areas in pedelec market. Brushless Direct Current (BLDC) motor on the pedelec with the aid of worm gear and motor connection axle, connected to the pedal axle in order to mimic the cosine function observed in human torque contribution is aimed at achieving superlative velocity.

Some of the key findings of the Fact.MR report on pedelec market include

Consumers becoming extremely conscious about the environment and their physical fitness is auguring well for pedelec market players.
Pedelecs are proving to be a space-effective, cost-effective, and faster way to commute in urban areas. This is expected to play a pivotal role in developments in the pedelec market.
Recent technological advancements in batteries and fuel cells are bringing in new varieties and improved efficiencies of electric motors used in pedelecs, thereby, enabling pedelec market players to launch more energy-efficient models.

Market Structure

The holistic assessment on market dynamics featured in the Fact.MR report on pedelec market is based on several segments of the pedelec market for the better understanding of readers. The pedelec market is divided into four segments – battery types, product types, motor topology, and regions.

Based on the battery types of pedelecs, the pedelec market is segmented into nickel-cadmium battery, lithium-ion battery, sealed lead-acid battery, and nickel metal hydride battery. According to the product types, the pedelec market is segmented into e-MTB, race pedelecs, cross pedelecs, urban pedelecs, and foldable pedelecs.

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The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion. To aid readers’ understanding the report is systematically classified into detailed chapters. In its trailing sections the report also includes a detailed chapter on segmental analysis of pedelec market to offer veritable insights on segments’ historical and future growth estimations. Further in the course of the report readers are also enlightened about regional assessment of pivotal factors. The report also entails a country-wise assessment and forecast estimations for pedelec market.

Notable Highlights in the Pedelec Market

Yamaha Motor Company Limited, a Japanese manufacturer of electrically power assisted bicycles (EPAC), recently introduced a new 600Wh inTube battery for EPACs. The company announced that it will be supplying the Multi Location™ 600Wh, which allows its OEM customers to stylize the integrated designs of EPACs and complements existing external battery versions.
Pedego Electric Bikes, an American player in the pedelec market, recently announced the launch of the Pedego Conveyor – a mid-drive commuter electric bike. The company declared that the combination of smooth mid-drive power and advanced drivetrain technology allows users to increase the speed of the pedelec up to 20mphwith the support of Pedal Assist.
The European Commission, based on the Article 5 of Regulation (EU) 2016/1036, recently initiated an anti-dumping investigation associated with the imports of pedelecs from China.
The European Commission has submitted a proposal to impose the Motor Insurance Directive on electric bikes, including pedelecs.

Pedelec Market: Competition Landscape

This section of the report offers a detailed section on key contributors in pedelec market. A dashboard view of each of the mentioned profiles complete with detailed insights on their respective SWOT analysis along with detailed assessment of their product portfolio, market contribution, as well as recent developments have been slated to aid readers’ understanding about the competition spectrum.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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