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Electric Bike Kit Market to reach $ 2.9 Bn by 2032, Says Global Market Insights Inc.

Major electric bike kit market participants include include Afang Electric (Suzhou) Co., Ltd, Yamaha Motor Co., Ltd, Brose Fahrzeugteile GmbH and Co. KG, Panasonic Corporation, Tongsheng Group Co., Ltd, Continental AG, Samsung SDI Co., Ltd, and Giant Manufacturing Co., Ltd.

Selbyville, Delaware, Aug. 27, 2024 (GLOBE NEWSWIRE) —

The electric bike kit market valuation is predicted to cross USD 2.9 billion by 2032, as reported in a

Leading players in the electric bike kit market include Afang Electric (Suzhou) Co., Ltd, Yamaha Motor Co., Ltd, Brose Fahrzeugteile GmbH and Co. KG, Panasonic Corporation, Tongsheng Group Co., Ltd, Continental AG, Samsung SDI Co., Ltd, and Giant Manufacturing Co., Ltd. These companies emphasize innovation, focusing on cutting-edge technologies to enhance e-bike efficiency and user experience. They also pursue market expansion through strategic partnerships, leveraging combined strengths to explore new markets and diversify offerings. Moreover, with changing consumer preferences and regulatory landscapes, R&D investments are paramount. Customer-centric strategies, like tailored marketing and robust after-sales support, play a crucial role in fostering brand loyalty and encouraging repeat business.

In February 2024, Yamaha Motor Company made headlines with a significant investment in River, an electric two-wheeler startup based in Bengaluru. The investment exceeded $20 million, accounting for about 60% of River’s total Series B funding round of $40 million. This substantial backing underscores the confidence in River’s potential, a sentiment echoed by its existing investors, including Al Futtaim Group, Lowercarbon Capital, Toyota Ventures, and Maniv Mobility.

Partial chapters of report table of contents (TOC):

Chapter 1   Methodology & Scope

1.1   Market scope & definition

1.2   Base estimates & calculations

1.3   Forecast calculation

1.4   Data sources

1.4.1   Primary

1.4.2   Secondary

1.4.2.1    Paid sources

1.4.2.2    Public sources

Chapter 2   Executive Summary

2.1   Industry 3600 synopsis, 2018 – 2032

Chapter 3   Electric Bike Kit Market Insights

3.1   Industry ecosystem analysis

3.2   Supplier landscape

3.2.1   Motor manufacturers

3.2.2   Battery manufacturer

3.2.3   Technology providers

3.2.4   Component suppliers

3.2.5   End users

3.3   Profit margin analysis

3.4   Technology & innovation landscape

3.5   Patent analysis

3.6   Key news & initiatives

3.7   Regulatory landscape

3.8   Impact forces

3.8.1   Growth drivers

3.8.1.1    Growing concerns about environmental sustainability and reducing carbon emissions

3.8.1.2    Increasing urbanization and congestion in cities

3.8.1.3    Rising awareness of health and fitness benefits associated with cycling

3.8.1.4    Government initiatives promoting electric mobility

3.8.2   Industry pitfalls & challenges

3.8.2.1    Limited battery range and concerns about running out of power

3.8.2.2    Inadequate infrastructure such as bike lanes, charging stations, and secure parking facilities

3.9   Growth potential analysis

3.10   Porter’s analysis

3.10.1    Supplier power source

3.10.2    Buyer power source

3.10.3    Threat of new entrants

3.10.4    Threat of substitutes

3.10.5    Industry rivalry

3.11   PESTEL analysis

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About Global Market Insights Inc.

Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.

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