Electric bikes cargo is a lightweight aluminum frame integrated with features, such as dual disc brakes, fat tires for added comfort, and smart built-in app for GPS anti-theft system. The rear-mounted motors help keep the bike balanced and enable high performance of the rear wheel to avoid false starts. Moreover, the adjustable stems offer various number of riding positions for a comfortable journey under any load. The high-performance disc brakes offering high quality stopping power in rain, shine or extreme weather conditions lead to a rise in the adoption of electric bikes cargo. Furthermore, features such as effortless right power and noiseless-transmission and crank-drive are expected to drive the global market during the forecast period.
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Leading players profiled in the electric bikes cargo market:
- Yuba Electric Cargo Bikes, and Cargocycles (US)
- Dutch Cargo Bike (Netherlands)
- Butchers & Bicycles ApS (Denmark)
- G & O Family Cyclery (US)
- Douze Factory SAS (France)
- Kocass Technology Co., Ltd. (China)
- Jinhua JOBO Technology Co., Ltd.(China)
- Jiangsu Xinri E-Vehicle Co., Ltd.(China)
- Worksman Cycles (US)
- Cero Electric Cargo Bikes (US)
Market Highlights:
Global electric bikes cargo market has witnessed considerable growth in adoption rates over the past few years in countries, such as Denmark, Netherlands, Norway, and the US, owing to a shift in consumer travel preferences, rising traffic congestion, and growing awareness regarding a pollution-free environment.
Electric bikes cargoes in most developed nations are considered the most efficient alternative for ~20-25% of all the delivery vans and cars operating around cities. As per a report published in 2017 by Urban Transport Group, the UK’s network of city region transport authorities, van traffic in the UK over the past 20 years has registered ~71% growth while car traffic has registered a 13% growth, which is an opportunity for the participants in the industry.
Electric Bikes Cargo Market Market Segmentation
MRFR report offers a wide segmental analysis of the electric bikes cargo market on the basis of product type, battery type and end-use.
Based on the product type, the electric bikes cargo market is segmented into four-wheeler, three-wheeler and two-wheeler. Of these, the three-wheeler segment will have the largest share in the market over the assessment period.
Based on battery type, the electric bikes cargo market is segmented into lead based, nickel-based and lithium-ion. Of these, lithium-ion will dominate the market over the assessment period.
Electric Bikes Cargo Market Regional Analysis
By region, the electric bikes cargo market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. Of these, Europe will domineer the market over the assessment period due to growing awareness about pollution reduction by using battery operated vehicles, alternatives for saving time and congested traffics. Besides, the authorities and manufacturers of electric vehicles in this region are laying emphasis to improve charging infrastructure which again is driving the market growth in this region. The electric bikes cargo market in the APAC region is predicted to have a substantial growth over the assessment period due to rise in electrification in China and Japan. Government in India and China are likely to acquire electric bikes cargo and also spread awareness regarding the benefits of using such vehicles.
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Cargo Bike Market report added by Value Market Research, offering growth, trends, and forecast for each segment along with regional and country analysis.
Further, this report also highlights the regional and country-level market analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the cargo bike market include BMW Group, Butchers & Bicycles, Cezeta, Douze Factory SAS, Energica Motor Company, Govecs Group, Harley Davidson, Hero Electric, Johammer E-Mobility GmbH, KTM AG, Mahindra & Mahindra Ltd., and NIU International.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Cargo Bike Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/cargo-bike-market/download-sampleMarket DynamicsThe global cargo bike market is foreseen to witness remarkable growth during the forecast period.
The potential growth of cargo bikes is also associated with an increase in e-commerce parcel deliveries and city hubs development.
This is because they do not create air pollution problems, less costly to operate, silent, not limited by fuel availability, less dangerous than most of the other road vehicles, and contribute much less to traffic jams.
