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The Worldwide Market for Electric Bikes to 2025: Projected to Reach $11.5 Billion - Analysis by Product Type, Drive Mechanism, Battery Type and Region - ResearchAndMarkets.com

January 16, 2019

DUBLIN--(BUSINESS WIRE)--Jan 16, 2019--The “Electric Bikes Market by Product Type Drive Mechanism Battery Type Nickel-metal hydride and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2025” report has been added to ResearchAndMarkets.com’s offering.

The global smart parking was valued at $5,001.1 million in 2017, and is projected to reach $11,553.6 million by 2025, registering a CAGR of 11.2% from 2018 to 2025.

There are problems associated with vehicle parking due to growth in number of vehicles. This technology provides user a real-time information related to the parking space. Rise in population, increase in disposable income, and development of the cities with the slower pace has resulted in parking related problems.

Furthermore, the market is expected to grow at a lucrative demand during the forecast period, owing to the advantages such as improved usage of parking space, reduced traffic congestion enhanced user interference due to real time data accessibility, and increased safety to human beings as well as other motor vehicles.

The rise in development of urbanization leads to increase in demand for infrastructure including transportation and building. Smart cities also provide higher technology through mobile technology, thus optimizing existing infrastructure in an efficient way.

Select Findings

The off-street parking type segment is estimated to generate the highest revenue in the global smart parking market in 2017 In 2017, the commercial segment is projected to be the highest revenue contributor in the end-user segment Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period In 2017, North America contributes the highest market revenue, followed by, Asia-Pacific, Europe, and LAMEA

Key Players

Trek Bicycle Corporation Accell Group Fuji-ta Bicycle Derby Cycle Giant Manufacturing Jiangsu Xinri E-vehicle Mahindra & Mahindra (GenZe) Bionx International Corporation Prodecotech Tianjin Golden Wheel Group

Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Electric Bikes Market, by Product Type

Chapter 5: Electric Bikes Market, by Drive Mechanism

Chapter 6: Electric Bikes Market, by Battery Type

Chapter 7: Electric Bikes Market, by Region

Chapter 8: Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/knhd3d/the_worldwide?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190116005347/en/

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Related Topics:Electric and Hybrid Vehicles,Bikes and Cycling Equipment

KEYWORD: ASIA PACIFIC NORTH AMERICA

INDUSTRY KEYWORD: ENERGY OTHER ENERGY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/16/2019 06:21 AM/DISC: 01/16/2019 06:21 AM

http://www.businesswire.com/news/home/20190116005347/en

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