Edison, NJ -- (SBWIRE) -- 09/30/2020 -- The "Electric Bikes - Market Development Scenario?" Study has been added to HTF MI database. The study envisage qualitative as well as quantitative market data and follows Industry benchmark classification and NAICS standards to built strong players coverage for final study. Some of the major and emerging players identified are Electrotherm (India) Limited, Ampere Vehicles Private Limited, Ather Energy Private Limited, Avon Cycles Limited, Hero Electric Vehicles Private Limited, Lohia Auto Private Limited, NDS Eco Motors Private Limited , Okinawa Autotech Private Limited , Tork Motors Private Limited, Tunwal E-Bike India Private Limited.
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Electric Bikes Market Development Scenario by Players
? Financials Information, Business Overview and Product Specification Matrix
? Patent Analysis Briefing* [if applicable]
? No. of Patents Issuance by Year / by Players / By Issuing Office
? Key Development – Product/Service Launch, Mergers & Acquisition, Joint Ventures
Market Competition
Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity. Readers will be able to gain complete understanding and knowledge of the competitive landscape. Most importantly, the report sheds light on important strategies that key and emerging players are taking to maintain their ranking in the Electric Bikes Market. It shows how the market competition will change in the next few years and how players are preparing themselves to stay ahead of the curve.
India is at an early stage of the 'transition to electric vehicles' phase. An increase in concern over pollution and other environmental issues, and lower operating costs of electric vehicles in comparison to fuel-driven vehicles are the major reasons behind the increased adoption of electric bikes, consequently, boosting market growth. With the government encouraging the adoption of electrified vehicles, the electric bikes market in India is expected to grow further in the coming years. The cost of running electric bikes is about INR 10 for 70 Km, whereas the same distance can be covered by a conventional counterpart at a minimum cost of INR 102.
As of FY 2020, the electric bikes market in India was valued at INR 3.58 Bn, and is expected to expand at a compound annual growth rate (CAGR) of ~52.67% during the 2020-2025 period, to reach INR 29.67 Bn by 2025.
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COVID-19 impact analysis:
The nationwide lockdown in the wake of the pandemic has marked a long-term positive impact on the electric bikes market in India. The demand for electric bikes has increased amid the pandemic, owing to the fear of virus transmission through public transport. The growing demand for the electric ones has also been supported by the government's mandatory electrification policy. Moreover, the lockdown has intrigued realisation within people that the use of internal combustion engine vehicles cause 60% more pollution than their electrified counterparts. After the upliftment of the lockdown, adoption of electric bikes as a personal mode of transport surged multifold, and the growth is likely to continue in the long run as well.
Important Features that are under offering & key highlights of the report :
1) Does study cover COVID-19 Impact Analysis and its effect on Growth %?
Yes, the overall industry have seen quite big impact due to slowdown and shutdown in production line & supply chain. The study covers a separate qualitative chapter on COVID-19 Impact analysis. Additionally it also provide before and after scenario of COVID-19 on sales growth & market size estimation to better analyze exact scenario of Industry.
2) How companies are selected or profiled in the report?
List of some players that are profiled in the the report includes "Electrotherm (India) Limited, Ampere Vehicles Private Limited, Ather Energy Private Limited, Avon Cycles Limited, Hero Electric Vehicles Private Limited, Lohia Auto Private Limited, NDS Eco Motors Private Limited , Okinawa Autotech Private Limited , Tork Motors Private Limited, Tunwal E-Bike India Private Limited". Usually we follow NAICS Industry standards and validate company profile with product mapping to filter relevant Industry players, furthermore list is sorted to come up with a sample size of atleast 50 to 100 companies having greater topline value to get their segment revenue for market estimation.
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
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3) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report, provided it is available in our coverage list as mentioned in answer to Question 1 and after feasibility run final confirmation will be provided by research team checking the constraints related to difficulty of survey.
4) Can we narrow the available business segments ?
Yes, depending upon the data availability and feasibility check by our Research Analyst, further breakdown in business segments by end use application or product type can be provided (If applicable) by Revenue Size or Volume*.
5) Can specific country of interest be added? What all regional segmentation covered?
Yes, Country level splits can be modified in the study as per objectives. Currently, research report gives special attention and focus on following regions:
North America (Covered in Chapter 7 and 14), United States, Canada, Mexico, Europe (Covered in Chapter 8 and 14), Germany, UK, France, Italy, Spain, Russia, Others, Asia-Pacific (Covered in Chapter 9 and 14), China, Japan, South Korea, Australia, India, Southeast Asia, Others, Middle East and Africa (Covered in Chapter 10 and 14), Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others, South America (Covered in Chapter 11 and 14), Brazil, Argentina, Columbia, Chile & Others
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote will vary.
While global mega trends influencing the market routing the primary direction of growth, regional markets are swayed by more granular locally unique market drivers. The market study is sized with regional and country level break for historical and forecast period by revenue and volume and price analysis, stay tuned with the latest updates from the research insights – know more which territory is stealing market share gains in coming years.
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Research Objectives
- To analyse and forecast the Electric Bikes market, in terms of value and volume.
- Which segment has the potential to gain the highest market share?
- To help decision maker from new offer perspective and benchmark existing marketing strategy.
- Correlate cost structure historical data with key business segments.
- Analyse marketing contribution and customer acquisition by up-selling and cross selling.
- Identifying Influencing factors keeping Electric Bikes Market Intense, factored with periodic analysis of CR4 & CR8 concentration ratio & HHI Index.
HTF MI also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.
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