Electric Bicycle Market in Australia is expected to grow at a CAGR of 6.7% from 2020 to 2026 – An exclusive market research report by Lucintel

September 06 19:08 2021
Electric Bicycle Market in Australia is expected to grow at a CAGR of 6.7% from 2020 to 2026 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Electric Bicycle Market in Australia Market
Trends, opportunities and forecast in electric bicycle in Australia market to 2026 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), motor type (hub and mid/crank), and battery type (lithium ion and others)

Lucintel’s latest market report analyzed that electric bicycle market in Australia provides attractive opportunities in the traveling, social, and exercise and fitness markets. The electric bicycle market in Australia is expected to grow with a CAGR of 6.7%. In this market, mountain is the largest segment by bicycle type, whereas traveling is largest by usage.

Download Brochure of this report by clicking on https://www.lucintel.com/electric-bicycle-in-australia.aspx

Based on bicycle type, the electric bicycle market in Australia is segmented into cargo, city/hybrid, mountain, standard, and others. The mountain segment is expected to accounted for the largest share of the market in 2020 due to increasing awareness on fitness and increasing recreation activities.   

Browse in-depth TOC on “Electric Bicycle Market in Australia”

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The electric bicycle market in Australia is marked by the presence of several big and small players. Some of the prominent players offering electric bicycle Market in Australia include Giant Bicycle Co., Ltd, Merida Industry Co., Ltd, Specialized Bicycle Component, and ORBEA Electric bicycle Market in Australia.

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 [email protected].

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