Electric Bicycles Market Top Global Players
Competition, Revenue and Gross Margin by 2026
Electric Bicycles Market study provides key insights about market drivers,
restraints, opportunities, new product launches or approval, regional
outlook, and competitive strategies adopted by the leading players.
Electric bicycle also known as e-bike is modified bicycle with an electric motor, which offers
pedal assistance to the rider. It has similar basic features as regular pushbike with electric
assistance. Electric bicycles are the largest selling electric vehicles in the world and are estimated
to cross 36 million mark by 2025. Reduction in weights aided by integration of Li-ion batteries,
low cost, wide availability, and minimal environment impacts are expected to be the major
factors fueling growth of the industry over the forecast period. Increasing urbanization and
concerns regarding the environmental impacts of motor vehicles across the global economies
are expected to further augment growth of market.
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Increasing motor vehicle traffic and pollution levels are expected to drive growth of electric
bicycles market
Increasing motor vehicles traffic levels have led to increased road accidents over the past
decade, accounting for over 1.25 million deaths in 2015, according to report published by World