Electric Bikes and Cyclist Infrastructure Investments: Economic Benefits
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Electric Bikes and Cyclist Infrastructure Investments: Economic Benefits
Electric Bikes and Cyclist Infrastructure Investments: Economic Benefits
The global electric bike market is forecast to grow at a CAGR of more than 20% from 2019 to 2025, according to a new report by MarketsandMarkets. The report states that the increasing awareness of health and fitness, along with the need for last-mile connectivity, is driving the growth of the electric bike market.
In addition, the report notes that the growing trend of shared mobility is expected to boost the demand for electric bikes in the coming years. The rise in investment in cyclist infrastructure is also expected to create new opportunities for the electric bike market.
According to the report, the Asia-Pacific region is expected to be the largest market for electric bikes, due to the growing population and the increasing awareness of health and fitness. The region is also home to some of the world's leading manufacturers of electric bikes, such as Yamaha, Hero, and Giant.
The growing trend of shared mobility is expected to create new opportunities for the electric bike market in the coming years.
The report states that the need for last-mile connectivity is driving the growth of the electric bike market.
The Asia-Pacific region is expected to be the largest market for electric bikes, due to the growing population and the increasing awareness of health and fitness.
The global electric bike market is forecast to grow at a CAGR of more than 20% from 2019 to 2025, according to a new report by MarketsandMarkets. The report states that the increasing awareness of health and fitness, along with the need for last-mile connectivity, is driving the growth of the electric bike market.
In addition, the report notes that the growing trend of shared mobility is expected to boost the demand for electric bikes in the coming years. The rise in investment in cyclist infrastructure is also expected to create new opportunities for the electric bike market.
According to the report, the Asia-Pacific region is expected to be the largest market for electric bikes, due to the growing population and the increasing awareness of health and fitness. The region is also home to some of the world's leading manufacturers of electric bikes, such as Yamaha, Hero, and Giant.
The growing trend of shared mobility is expected to create new opportunities for the electric bike market in the coming years.
The report states that the need for last-mile connectivity is driving the growth of the electric bike market.
The Asia-Pacific region is expected to be the largest market for electric bikes, due to the growing population and the increasing awareness of health and fitness.
Aug 07, 2023
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