Lucintel anticipates that APAC will be the fastest growing region in the global e-bike battery pack market
Lucintel anticipates that APAC will be the fastest growing region in the global e-bike battery pack market iCrowd Newswire 28 May 2021, 17:28 GMT+10 According to a new market report published by Lucintel, the future of the global e-bike battery pack market looks promising with opportunities in rear carriers, down tubes, and in frames. The global e-bike battery pack market is expected to grow with a CAGR of 14% from 2021 to 2026. The major drivers for this market are rapid urbanization and traffic congestion in cities. E-bikes are cheaper and easy to charge, therefore the increase in demand fo...