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Top 10 Trends in the Global Ebike Market 2023

Global Ebike Market Report 2023: Significant Growth

E-Bike Market by Class, Battery Type, Motor Type, Mode, Usage, Speed, Component and Region

E-Bike Market by Class, Battery Type, Motor Type, Mode, Usage, Speed, Component and Region

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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