Reportlinker.com has declared the availability of a new market report titled ‘Electric Bicycles and ebikes - the Next Ten Years’ in its range of offerings. The report, prepared by IDTechEx, delves in detail about different types of electric vehicles such as hybrid and pure electric vehicles and the future of the global Light Electric Vehicle (LEV) industry from 2011 to 2021.
The report covers LEV, ebikes and electric bicycles that represent a major segment of the electric vehicle business. The report closely follows the global trends of LEV technology, fabrication and government regulations that drive the growth.
According to the report, the LEV industry is enjoying a steady growth with China at the forefront. It mentions that ebike sales, which were focused only in China, EU and Japan, have spread to other countries and most of the countries have bought ebikes from China. It predicts that the sale of ebikes will reach 130 million annually before 2025.
The LEV is a land vehicle with two or three wheels and is powered by an electric motor, which receives its power supply from a battery storage device or fuel cell. The vehicle weighs around 100 kg and uses a throttle to control the speed.
The report indicates that bicycle companies, which dominate the LEV segment, will soon face stiff competition from car and motor cycle manufacturing companies. According to the report, supply chain for LEV components such as chassis parts, batteries and motors are delivered by Asian companies. The supply segment is presently dominated by Japan, Taiwan, China and South Korea. The report mentions that there will be growth opportunities in the supply of lithium-ion batteries and super-capacitors.
The report deals with 70 brands and provides estimates of sales, unit prices and the total value of the market from 2011 to 2021. It mentions 13 market drivers that will propel the sales as well as a number of negative factors that can hamper the market.
Source: http://www.reportlinker.com/