Global e-Bike Market (2020 to 2027) - Trend Towards Connected e-Bikes Presents Opportunities
Share this article Share this article ResearchAndMarkets.com's offering. The global e-bike market is projected to grow to USD 70 billion by 2027 from USD 41.1 billion in 2020, at a CAGR of 7.9%. Government support and initiatives to increase the sale of e-Bike would drive the global e-Bike market. Class-III e-Bike is estimated to be the fastest-growing e-Bike market globally Class-III e-bikes have a potential solution for car replacement to avoid traffic and reduce emissions. Therefore, the market for Class-III e-bikes is expected to grow during the forecast period. Class-III e-bikes currentl...