E-Bike Market Estimated to Reach $77.2 Billion by 2028
The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in E-Bike industry is expected mainly due to driving factors for market like increasing traffic congestion, growing interest in cycling as a fitness and recreational activity, and the inclination of consumers toward an eco-friendly solution for commuting.
The...
Rapidly Growing E-Bike Market Poised to Surpass $77.2 Billion by 2028
The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in the E-Bike industry is expected mainly because E-Bikes offer a healthy, eco-friendly solution for commuting at a much lower price than electric two-wheelers and help deal with increasing traffic congestion. The E-Bikes are mainly popular in European...
E-Bike Market: Emerging Trends to Boost the Global Industry Growth by 2027
The report “E-Bike Market by Class (Class-I,
Class-II, Class-III), Speed (Up to 25km/h, 25-45 km/h), Battery Type
(Lithium-ion, Lithium-ion Polymer, Lead Acid), Motor Type, Mode (Pedal Assist,
Throttle), Component, Usage, Ownership and Region – Forecast to 2027″ The
e-Bike market size is projected to reach USD 80.6 billion by 2027 from an
estimated USD 49.7 billion in 2022,...
Global E-Bike Market Boom in Near Future!
The E-Bike Market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027.
An electric bike, often known as an e-bike, is a bike that has an electric motor aligned to the pedal for propulsion. These bicycles use chargeable batteries of different capacities. E-bikes are equipped with a mid or hub motor and can be classified...