According to the recent study the electric bicycle market in Australia is projected to grow at a CAGR of 6.7% from 2020 to 2026. Growth in this market is primarily driven by increasing traffic congestion and rise in fuel prices, increasing health concerns/fitness consciousness, and growing environmental awareness.
Browse XX figures /
charts and XX tables in this 115 -page report to understand trends,
opportunities and forecast in electric bicycle market in Australia by bicycle
type (cargo, city/hybrid, mountain, standard, and others), usage (traveling,
social, exercise/fitness and others), propulsion type (pedal assisted and throttle
on demand), and motor type (hub and mid/crank), and battery type (lithium ion
and others).
Download sample report and
view detailed Table of Content by clicking on below link https://www.lucintel.com/electric-bicycle-in-australia.aspx
“Mountain e-bike market is expected to remain the largest segment
during the forecast period.”
Based on bicycle type,
the electric bicycle market in Australia is segmented into cargo, city/hybrid,
mountain, standard, and others. Lucintel forecasts that the mountain market is
expected to experience the largest segment due to increasing awareness on
fitness and increasing recreation activities.
“Within the electric bicycle market in Australia, the traveling segment
is expected to remain the largest usage.”
Based on usage, the traveling
segment is expected to witness the largest end use largest segment over the
forecast period due to increasing traffic congestion and rising fuel prices.
Download Brochure of this report by clicking on https://www.lucintel.com/electric-bicycle-in-australia.aspx
Major players of electric
bicycle market in Australia are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Giant Bicycle Co., Ltd,
Merida Industry Co., Ltd, Specialized Bicycle Component, and ORBEA electric bicycle
market in Australia are among the major Electric bicycle Market in Australia providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/electric-bicycle-in-australia.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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