Bike Brand Market Share
The global electric bikes market size was valued at 16 34 billion in 2017 and is expected to reach 23 83 billion by 2025 registering a cagr of 4 9 from 2018 to 2025.
Bike brand market share. Hero is one of the biggest brand in indian market having around 40 of the market share in the two wheeler market and more than 50 percent market share in motorcycle market in india. A class i electric bike is equipped with a motor that provides assistance only when the rider is pedaling and stops assisting. Specialized is a brand that s been at the forefront of bike innovation releasing its road tire in 1976 and then its first mountain bike the stumpjumper in 1981 making it one of the first mass produced mountain bikes on the market. Fisher bikes has until recently been a mountain bike specialist but entered the road bike market in 2008.
The brand is owned by trek. The global e bike market is projected to grow at a cagr of 9 01 during the forecast period to reach usd 38 6 billion by 2025 from an estimated usd 21 1 billion in 2018 class i electric bike is estimated to be the largest segment in the global electric bikes market. Here are the top bicycle brands in the world. Around 99 percent.
The company in total has six manufacturing facilities out of which five is in india and one is in columbia. Gary fisher is considered to be one of the founding fathers of mountain biking. There will be a new resurgence in the sales and utilization of folding bikes product. The brand continues to innovate with developments in suspension shock and aerodynamics.
Specialized or redline are popular bike brands in the united states the majority of products are manufactured abroad. Smartphone market share worldwide by vendor 2009 2020. Market share of major bicycle brands in the u s. Below are some of the famous and well known bicycle brands that have brought a revolution in the industry and can be credited with promoting this green mode of transport.
These are available in all price ranges. 2011 published by statista research department nov 30 2010. Electric bikes market overview. For the same specifications companies charge differently based on their brand name and there is a market for everyone and it s poised to grow.
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