top 5 competitors of e-bikes by company type globally with explanation

Expert Solution

Electric or E-bike has rapidly increased in the market and new innovation, changing trends, focus on green energy, cost-effectiveness, robust technology, etc created a new marketplace.

Asia Pacific, Europe, America are the most targeted market for electric bike companies and new business opportunities and untapped market waiting for utilization.

Top five Electric bike companies that have global business operations as below -

1) Giant Bicycle- World market leader in bike and electric bike and company from Taiwan and has a global presence. Giant bicycle is a market leader and a huge market experience and customer base.

2) Yamaha Bicycle - Yamaha is a well-known brand world and the company is a market leader and rapidly growing in the electric bike market. The company has a worldwide presence, dealer network, customer base, and physical establishment.

3) Trek bike - Trek bike is an American multinational corporation of manufacturing and supplying of bicycle and cycling products under the brand name trek, Electra bicycle corporation, etc. Company is a leading manufacturer and technology innovation company that offering unique products.

4) Merida Industry Co. Limited - Merida industry co. limited is a Taiwan origin company and research and development unit in Germany that designs, manufactures, and markets bicycles globally in 77 countries.

5) Fritzmeier systems GMBH - Company is a global market leader and mostly in European countries and the company is from Germany.

The company is very much technology-centric, innovative, and unique product offer customers and rapidly increasing its market share in the electric bike industry.

keosha answered 1 year ago

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