EBike Market Share Set to Reach $71.5 Billion by 2030
The EBike Market Share is projected to reach $71.5 billion by 2030, driven by the rising popularity of eco-friendly transportation solutions and advancements in battery technology. With increasing urbanization and a focus on reducing carbon emissions, eBikes have become a preferred alternative to traditional vehicles for short commutes. The integration of lightweight materials, improved motor efficiency,...
EBike Market Size, Share, Trends & Analysis by 2030
The global EBike market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%.
Major drivers driving the e-bike market are government subsidies and incentives, growing micro-mobility services, technological advancements in e-bikes, and infrastructure development dedicated to e-bikes. The e-bike market has been declining in the last few years due to supply...