Global eBike Market Analysis & Forecast 2024–2030: Technology & Trends
The global electric bicycle (eBike) market is experiencing significant growth, driven by technological advancements, environmental concerns, and changing consumer preferences. According to a comprehensive report by MarketsandMarkets, the eBike market is projected to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030, at a compound annual growth rate (CAGR) of 6.6% .
Market Overview
The...
EBike Market Size Projected to Reach $71.5 Billion by 2030
The EBike Market Size is projected to reach a staggering $71.5 billion by 2030, driven by increasing consumer demand for eco-friendly transportation and advancements in electric bike technology. With governments worldwide promoting sustainable urban mobility and offering subsidies, the demand for electric bikes has seen a significant surge. Additionally, the rise of urbanization, coupled with the...
EBike Market Size, Share, Trends & Analysis by 2030
The global EBike market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%.
Major drivers driving the e-bike market are government subsidies and incentives, growing micro-mobility services, technological advancements in e-bikes, and infrastructure development dedicated to e-bikes. The e-bike market has been declining in the last few years due to supply...