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E-bike Market to grow by 15805.67 thousand units through 2025|Key Drivers, Trends, and Market Forecasts


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NEW YORK, May 4, 2021 /PRNewswire/  
The e-bike market is poised to grow by 15805.67 thousand units and accelerate at a CAGR of over 7% during 2021-2025. The market records incremental growth due to the health and environmental benefits associated with the use of e-bikes during the forecast period.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The declining cost of Li-ion batteries is one of the major factors propelling the market growth. However, the product recalls due to possible failures may impede the market growth. ....

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