Electric Mountain Bike Market Size- By Propulsion Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Electric Mountain Bike Market Introduction and Overview
According to SPER market research, ‘Global Electric Mountain Bike Market Size- By Propulsion Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Electric Mountain Bike Market is predicted to reach 16.91 billion by 2033 with a CAGR of 12.84%.
The inbuilt electric motor of an electric mountain bike (e-MTB) allows this robust and adaptable bicycle to easily navigate off-road terrain. Long rides, tough terrain, and steep inclines are all made easier with the battery-powered motor found on e-MTBs, which is different from regular mountain bikes.
The market for electric mountain bike (e-MTB) workstations was impacted by the COVID-19 outbreak in a number of ways. On the one hand, as individuals looked for safe, socially isolated methods to be active, the pandemic increased demand for outdoor leisure activities and fitness solutions.
Scope of the report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period: 2024-2033
Segments covered: By Propulsion Type, By Application
Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered: BH Bikes, CUBE GmbH & Co. KG, Giant Manufacturing Co. Ltd, Pedego Electric Bikes, Pivot Cycles, Scott Sports SA, Trek Bicycle Corporation, Trinx Bikes, Yamaha Motor Co. Ltd, Others.
Global Electric Mountain Bike Market Segmentation:
By Propulsion Type: Based on the Propulsion Type, Global Electric Mountain Bike Market is segmented as; Pedal-assisted, Throttle-Assisted.
By Application: Based on the Application, Global Electric Mountain Bike Market is segmented as; Leisure, Commuting.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.