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E-Trekking Bike Market Trends

Report ID: GMI8503
Published Date: Mar 2024
Report Format: PDF

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E-Trekking Bike Market Trends

The expanding e-bike sales across various regions by leading companies coupled with innovative product launches will define the market expansion. As major players are strategically penetrating new markets, there is a notable shift towards global accessibility and availability of e-trekking bikes. Several companies are capitalizing on diverse geographic preferences and consumer demands, tailoring their offerings to suit varied terrains and climates.

Moreover, the continuous stream of innovative launches for incorporating cutting-edge technologies and design elements will further propel the market growth and consumer interest. To cite an instance, in December 2023, Germany-based Potts e-Bikes unveiled the Claas trekking e-bike, featuring a Bosch Performance Line smart motor and stepless gears.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of e-trekking bike reached USD 12.6 billion in 2023 and is set to register over 3% CAGR from 2024-2032, owing to the innovative product launches from leading companies and rising focus on sustainability and efficiency worldwide.

The Li-ion segment exceeded over USD 9 billion in 2023, due to their widespread adoption for offering higher energy density, longer lifespan, and faster charging capabilities.

Asia Pacific market held over 60% share in 2023, attributed to rapid urbanization, coupled with increasing environmental concerns in the region.

Accell Group, Brompton Bicycle Ltd, Giant Bicycles, Merdia Bikes, Polygon Bikes, Rad Power Bikes, LLC, Scott Sports Sa, Specialized Bicycle Components, Tern, and Trek Bicycles, are some of the major e-trekking bike companies worldwide.