How is the market situation of ebike?
1. Market size and growth
Global market size: According to market research institutions, the global E-Bike market size is estimated to be US$35 billion in 2024, and is expected to reach US$62.25 billion by 2030, showing strong growth potential. This growth is mainly due to the increase in environmental awareness, government policy support, technological progress, and consumers' increased demand for convenient and economical travel.
Regional market: Asia-Pacific is the largest contributor to the global E-Bike market, accounting for about 63% of the global market share. Among them, China and India are the main growth drivers. Although North America has a relatively small market share, it has the highest sales growth rate, showing huge market potential.
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