Demand for E-Bikes Set to Explode in North America in Coming Years
The global e-bike market is predicted to generate a revenue of $25.9 billion by 2025, increasing from $14.4 billion in 2019, and predicted to progress at a 10.3% CAGR during the forecast period (2020–2025). The market is registering growth due to the rising urban road congestion, surging concerns regarding the environment, rising health concerns, and increasing government subsidies and financial incentives. When ownership type is taken into consideration, the market is divided into shared and personal. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/e-bike-market/report-sample Between these two, the personal division led the market in the past, holding more than 95.0% volume share in 2019. This is primarily because, e-bikes have only been introduced in the shared mobility domain by a few vendors. However, a large number of people have been buying these vehicles for private usage since various years. The shared division is projected to regis...