This factor is posing a huge challenge for governments and society. Additionally, the depletion of fossil fuel levels at an alarming rate has been creating concerns for sustainability for future generations.The average CO2 emissions from new passenger cars registered in Europe have decreased by 12% compared to the previous year, and the share of electric vehicles tripled. For instance, In January 2020, European Union implemented Regulation (EU) 2019/631, setting CO2 emission performance standards for new passenger cars and vans. Owing to this, some international organizations worldwide are implanting strict criteria for vehicles.With the continually growing environmental and health concerns due to the increasing emission levels, governments and international organizations worldwide are enacting stringent emission norms to reduce carbon emission levels. As a result, the rising demand for e-mountain bikes is an ideal solution to the challenge.With the growing concern for preserving and sustaining it for future generations, mainly because of the increasing scarcity of natural resources and environmental concerns, protecting the environment poses a significant challenge to society and governments worldwide. Mobility plays a vital role in the current society that we live in.By Propulsion TypeĬustomized per your requirements. The report offers market size and forecasts for the e-mountain market in value (USD billion) for all the above-mentioned segmentation. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Based on application type, the market is segmented into leisure and commuting. Based on propulsion type, the market is segmented into pedal-assisted and throttle-assisted. The e-mountain bike market is segmented by propulsion type, application, and geography. These are made favorable for a wide variety of terrain to keep their performance high. The e-mountain bike is an electric bicycle that is dedicated to trekking applications. Europe is anticipated to register the highest adoption rate for E-mountain bikes which is leading the global stance from the front.Pedaling assistance is only permitted to a maximum speed of 25 kph. ![]() For instance, The Union Cycliste Internationale (UCI) adopted strict regulations regarding the electric motors on e-mountain bikes, which must not exceed 250 watts. However, factors like government regulations regarding speed and safety issues associated with these bikes are likely to hinder the market's growth. ![]() Over the longer term, the e-mountain is growing rapidly as the younger generation shows excellent interest in trekking and recreational activities.Post COVID-19, with the recreational activities and health awareness among consumers, the market is set to a good rise in terms of economy. However, COVID-19 set back the industry with zero mobility of people and halted the manufacturing of new e-bikes.Also, with the growing environmental impact and concerns over rising temperatures due to emissions, e-bikes are a great alternative to conventional bicycles and motorcycles. With the preference for personal mobility that is to rise and the need to overcome traffic congestion, the demand for personal vehicles will increase. On a broader scale, COVID-19 had a marginal impact on the e-mountain bike market compared to the adverse effects it vastly had on different markets.The e-mountain bike market is valued at around USD 5.18 billion and is expected to reach over USD 10.87 billion, projecting a CAGR of more than 12% during the forecast period.
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