E-Bike Market to Grow to $105.1 Billion by 2030

E-bike Market Overview:

In a recent research report by Market Research Community, the E-bike Market is expected to surpass USD 105.1 Billion by the year 2028, from USD 35.8 Billion in 2021.

The E-bike Market Industry has projected to grow at a significant pace reaching a CAGR of approximately 12.7%, over the forecast period of 2022–2030, despite a considerable fall in Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.

The e-bike market refers to the market for electric bicycles, which are bicycles that have an integrated electric motor that can assist the rider in pedaling. E-bikes have become increasingly popular in recent years due to their ability to make cycling easier and more convenient, particularly for commuting and running errands. The market for e-bikes is expected to continue growing in the coming years as more people become aware of the benefits of e-bikes and as technology improves to make e-bikes more affordable and efficient.

Segment:

By Type

· By Battery Type

· Lithium Ion Battery

· Lead- Acid Battery

· Throttle Mode

· Pedal Assisted Bike

· Others

By Application

· Cargo

· Mountain/ Trekking

· City/ Urban

By Sales Channel

· Retail Distribution

· Direct Sale

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By Region

North America: U.S., Canada, Mexico

Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe

Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific

Latin America: Brazil, Argentina, Chile, Rest of Latin America

The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA

Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Trek Bicycle Corporation, Giant Bicyclesm, Rad Power Bikes, Accell Group, Panasonic Corporation, Yamaha Motor Corporation.

The E-bike Market Growth is expected significantly over the next few years in meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

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