ResearchAndMarkets.com s offering.
According to this report, the global e-bike market is anticipated to progress at a CAGR of 9.95% during the projected period of 2021-2028.
Factors such as government incentives and consumer preference towards e-bikes, are motivating the growth of the studied market during the forecast period. Additionally, the rise in usage of e-bikes for delivery purposes, coupled with e-bikes posing a solution for the rising fuel prices, are likely to offer multiple growth opportunities for the e-bike market.
However, problems pertaining to the distribution and high cost of e-bikes, are significant factors that weigh down the global market s development.
ResearchAndMarkets.com’s offering.
According to this report, the global e-bike market is anticipated to progress at a CAGR of 9.95% during the projected period of 2021-2028.
Factors such as government incentives and consumer preference towards e-bikes, are motivating the growth of the studied market during the forecast period. Additionally, the rise in usage of e-bikes for delivery purposes, coupled with e-bikes posing a solution for the rising fuel prices, are likely to offer multiple growth opportunities for the e-bike market.
However, problems pertaining to the distribution and high cost of e-bikes, are significant factors that weigh down the global market’s development.