- The key vendors in the E-bike Market in Europe 2015-2019 are Derby Cycle AG, e-Moto LLC, Royal Dutch Gazelle NV and Zhejiang Luyuan Electric Vehicle Co. Ltd.
London, 31 December 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the E-bike Market in Europe 2015-2019. One major trend upcoming in this market is innovation in technology. Vendors have started using next-generation miniaturized batteries for e-bike applications to increase efficiency and overall performance of e-bikes by reducing the overall weight. The E-bike market in Europe is expected to grow at a CAGR of 7.09 percent in terms of unit shipment during the period 2014-2019.
“Vendors have developed e-bikes integrated with smartphones and cloud computing to provide a complete remote diagnostic system enhancing the user experience,” says Faisal Ghaus, Vice President of TechNavio Research.
“The system allows the user of the e-bike to connect web applications via smartphones and retrieve diagnostic and geo-location date, thus providing helpful information such as pulse rate, heartbeat rate, and location to the user.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
