What is a padelecs and how are they useful?
Pedelec, an acronym for pedal assisted electric cycle, is an electric motor-supported bicycle. The chargeable battery-supported electric motor is intended to aid in pedalling.
The various advantages of the pedelec are listed below:
Apart from the aforementioned advantages, pedelecs also save energy by using electronic controllers for automatically cutting down the motors power whenever the rider stops pedalling or breaches the bikes set speed limit. Many governments are launching policies that regulate power limits of pedelecs, and many have capped the limit at 250 watts.
Outlook of the global padelec market
In terms of unit shipments, the global pedelec market was valued at 28 million units in 2014, and Technavios market research analysts predict it to grow at a CAGR of over 5% during the forecast period. Analysts expect the demand and sales of pedelecs to increase considerably until 2019.
The market is driven by the growing emphasis towards the development of the sustainable environment for the future generation, which in turn is increasing the demand for eco-friendly transportation such as electric bikes and pedelecs.
Additionally, growing health concerns among the consumers, especially professionals and baby boomers propels the growth of this market as it offers health benefits as the driver has to pedal to move forward, however with aid from the electric motor.
Geographical segmentation of the global pedelecs market
The concept of pedelec was introduced in Europe during the early 2000s. The market has witnessed a significant number of technological innovations over the past decade across the globe. Yet, Europe remains the largest market with the highest number of pedelecs in Netherlands, Germany and France.
Consumers in this region are fast adopting this technology as an optimal mode of mobility due to its ease of use and zero emission into the environment. The region is expected to witness a further rise in its demand among bicycle enthusiasts as it is easy to ride on hills and against strong winds.
Leading vendors analyzed in the report
The other prominent vendors of this market include Giant Bicycle Inc., Helkama, Pedego Electric Bikes, and Visiobike.
Key questions answered in the report
What are the key factors driving the global pedelec market?
What are the key market trends impacting the growth of the global pedelec market?
What are the various opportunities and threats faced by the vendors in the global pedelec market?
Trending factors influencing the market shares for EMEA, APAC, and Americas?
Key outcome of the five forces analysis on the global pedelec market?
Growth forecast of the global pedelec market?
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Segmentation of global pedelec market by geography
Pedelec market in EMEA
Pedelec market in the Americas
Pedelec market in APAC
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
Other prominent vendors
PART 13: Key vendor analysis
PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Segmentation of e-bikes
Exhibit 03: Advantages of pedelecs
Exhibit 04: Segmentation of global pedelec market
Exhibit 05: Global pedelec market 2014-2019 (units in millions)
Exhibit 06: Five forces analysis
Exhibit 07: Segmentation of global pedelec market by geography 2014-2019 (units in millions)
Exhibit 08: Pedelec market in EMEA 2014-2019 (units in millions)
Exhibit 09: Pedelec market in the Americas 2014-2019 (units in millions)
Exhibit 10: Pedelec market in APAC 2014-2019 (units in millions)
Exhibit 11: Environmental benefits of pedelecs
Exhibit 12: Impact of drivers
Exhibit 13: Factors limiting use of pedelecs
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Visiobike specification
Exhibit 16: Key vendors in global pedelec market
Exhibit 17: Beistegui Hermanos : Key product portfolio
Exhibit 18: Kalkhoff: Product segmentation
Exhibit 19: M1-Sporttechnik: Product segmentation 2014
Exhibit 20: Panther: Product categories
Exhibit 21: Yamaha: Business segmentation 2014 by revenue
Exhibit 22: Yamaha: Business segmentation by revenue 2013 and 2014 ($ in millions)
Exhibit 23: Yamaha: Geographical segmentation by revenue 2014