Friday, 5 July 2019

Global Market Study on Electric Cargo Bikes: Increasing Usage for Recreational Activities and Intra-City Parcel Delivery to Drive Growth

The global worth of the electric cargo bikes market is anticipate to surpass US$1.09 bn by 2026, expanding at robust CAGR exceeding 13% during 2018–2026. Intense focus on reducing the carbon footprints of the automotive and transportation industries has stoked the popularity of electric cargo bikes. This has further gained strength from increasing regulatory thrust especially in Europe and North America. Growing attractiveness of electric cargo bikes in promoting a sustainable logistics are generating substantial revenues.

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Analyzes the Electric Cargo Bikes market in its new publication titled Electric Cargo Bikes Market Global Industry Analysis 2013 2017 and Forecast 2018 2026. This study provides data for 2017 along with the forecast for the period (2018 2026). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights that affect various segments of the global electric cargo bikes market. To provide a better understanding of the electric cargo bikes market, the report also includes the analysis of global drivers, restraints and trends, which influence the current market scenario and will impact the future status of the global electric cargo bikes market.

To understand and assess market opportunities and trends, the global electric cargo bikes market report is categorically split into different sections based on market segmentation by product type, by battery type, by end use and by region. The report starts with an overview of the electric cargo bikes market and provides market definition & taxonomy, along with value chain and pricing analysis, drivers, restraints and trends in the market. The sections that follow include the global electric cargo bikes market analysis by product type, by battery type, by end use and by region. All the above sections evaluate the electric cargo bikes market on the basis of various factors affecting the market. Each section discusses the qualitative and quantitative aspects of the global electric cargo bikes market. To give a brief idea about revenue opportunities from the product type, battery type, end use and region segments, the report also provides the value of the electric cargo bikes market, absolute $ opportunity and total incremental opportunity for each segment over the forecast period (2018 2026).

In the final section of the report, we have provided the global electric cargo bikes market structure and a detailed competition landscape with company market share and performance to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This is expected to enable clients to assess strategies deployed by market leaders and help them develop effective strategies accordingly.

Research Methodology

For market data analysis, we have considered 2017 as the base year, with market numbers estimated for 2018 and forecast made for 2018 2026. To calculate the market size, the report considers the weighted average price of electric cargo bikes based on the product type across key geographies on a country basis. The forecast assesses the total revenue (US$ Mn) and volume (Units) of the global electric cargo bikes market. To deduce the market value, the cost of each type has been considered. In order to provide an accurate forecast, we started by sizing up the current market, which forms the basis of how the global electric cargo bikes market is expected to develop in the future. Critical market data, including the base number and segment splits, was devised through in-depth secondary and primary research. This data was then triangulated on the basis of different verticals by considering supply side as well as demand side drivers and other dynamics of various regional markets, along with primary interviews of manufacturers and industry experts operating in the global electric cargo bikes market. The forecast presented in the report evaluates the actual cost of the different types of Electric Cargo Bikes and the cost as per brands in the global electric cargo bikes market over the forecast period.

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We have also analyzed the different segments of the global electric cargo bikes market in terms of Basis Point Share (BPS) to understand the relative contribution of individual segment to market growth. This detailed level of information is important for identifying various key trends governing the global electric cargo bikes market. The report also analyzes the global electric cargo bikes market based on the absolute dollar opportunity. This is usually overlooked while estimating the market forecast. However, from a sales perspective, it is essential to identify the absolute dollar opportunity to identify potential resources in the electric cargo bikes market.

PMR has developed a market attractiveness index to understand the key segments in terms of their performance and growth in the global electric cargo bikes market. This market attractiveness index is expected to help clients identify real market opportunities in the global electric cargo bikes market.
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