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,...
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...