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Global Mining Machinery Industry Report 2023-2030: Lucrative Opportunities in Asia Oceania and South America, Caterpillar, Komatsu, Sandvik, Epiroc, and Liebherr Dominate

The Rise of Consumerism and Its Impact on American Politics

Are you aware that your shopping choices and favorite brands could be influencing the political landscape of the United States? The rise of consumerism has far-reaching implications, extending beyond the realm of shopping malls and advertising billboards. By examining how consumerism has influenced American politics, policies, politicians' strategies, and even how citizens vote, we examine

Global Construction Equipment Markets 2022-2027 - Opportunities in the Digitization of Services & Demand for Autonomous and Electric Construction Equipment

E-Bike Market Global Report 2022-2027: Growing Traffic Congestion in Cities to Drive Demand for E-Bikes

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 currently don t have in the Asia Pacific region. Whereas, in Europe, Switzerland is the largest market for Class-III e-bikes, followed by Belgium and Italy. The North American region presently has a limited penetration of Class-III e-bikes, with only six states authorizing their operation. Also, Class-III e-bikes in both Europe and North America have a minimum age restriction of 16 years.

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