Christy Publications Electric Bicycles Market | Page 3

Annual unit sales of electric bicycles in China are projected to decline over the forecast period, owing to increasing traffic disruption and accidents. In 2009, around 10 cities that included Guangzhou, Changsha, Shenzhen, Changzhou, Foshan and Dongguang, had either imposed restrictions or banned usage of e-bikes. However, China is projected to retain dominance in the electric bicycles market over the forecast period due to significant demands for electric bicycles from other cities of economy. Industry is characterized by large number of number of entrants participating in the competition, primarily owing to introduction of new crowd funded projects to reduce the carbon footprints and increasing demands in Germany, India, Netherlands and the U.S. Key players operating in electric bicycles market include Accell Group, Derby Cycle AG, Easy Motion, Jiangsu Xinri E-Vehicle Co. Ltd., Panasonic, Pedego, Stromer, and Yadea Technology Group Co. Ltd., BionX, Bosch, Electric Bike Technologies LLC, Giant Bicycles, GRACE, Superpedestrian, and Trek. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: [phone] Email: [email protected]