US E-Bike (Electric Bike) Market Analysis 2021-2026: Industry Size, Growth, Trends and Forecast

us e-bike market analysis

us e-bike market size

SHERIDAN, WYOMING, UNITED STATES, November 12, 2021 /EINPresswire.com/ — According to the latest report by IMARC Group, titled, “US E-Bike Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026“, the US e-bike market is expected to exhibit strong growth during 2021-2026.

An e-bike, also referred to as an electronic bicycle, is a standard bicycle with an electric motor, a drivetrain, and a battery. It can run on rechargeable batteries and can be moved through pedaling. E-bikes majorly use lead-acid batteries, which aid users to cover long distances with a single charge. As these bikes are simple to operate and convenient for all age groups, they have gained immense popularity in the United States. Moreover, as cycling helps in building muscle strength, reducing the risk of stress, and improving cardiovascular fitness, e-bikes are attracting health-conscious individuals as well.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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United States E-Bike Market Trends:

One of the major factors propelling the sales of e-bikes in the United States is the rising concerns regarding environmental pollution. E-bikes are eco-friendly and economical alternatives to other means of transportation, which have resulted in their increased demand in the country. Along with this, improvements in lithium-ion battery technology and pricing have made a great impact on the shift from gasoline-powered vehicles to zero-emission vehicles like e-bikes. Moreover, the rising trend of exploring local areas while riding an e-bike at your own pace has increased their demand in the tourism industry, which, in turn, is providing a thrust to the market growth. Furthermore, advancements in the local e-bike manufacturing companies in the United States are creating a positive outlook for the market. As most of the e-bikes in the country are usually imported from Asian factories, increasing local production is anticipated to bolster the economy. In addition to this, the introduction of advanced product models by manufacturers will attract a larger consumer base.

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United States E-Bike Market 2021-2026 Analysis and Segmentation:

The report has segmented the market on the basis of Mode, Motor Type, Battery Type, Class, Design, Application and Region.

Segmentation by Mode:

Throttle
Pedal Assist

Segmentation by Motor Type:

Hub Motor
Mid Drive
Others

Segmentation by Battery Type:

Lead Acid
Lithium Ion
Nickel-Metal Hydride (NiMH)
Others

Segmentation by Class:

Class I
Class II
Class III

Segmentation by Design:

Foldable
Non-Foldable

Segmentation by Application:

Mountain/Trekking Bikes
City/Urban
Cargo
Others

Segmentation by Region:

Northeast
Midwest
South
West

Browse related reports:

China E-Bike Market Research Report: https://bit.ly/3o7NFuf

Asia Pacific E-Bike Market Research Report: https://bit.ly/3o3PBUG

Europe E-Bike Market Research Report: https://bit.ly/3bfFUx0

Global E-Bike Market Research Report: https://bit.ly/30iDGdD

India Electric Vehicle Battery Market Research Report: https://bit.ly/3o0jiIf

China Electric Vehicle Battery Market Research Report: https://bit.ly/3hZAsBS

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About Us

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Source: EIN Presswire