E-Bikes Regional Insights

E-Bikes Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific E-Bikes market accounted for USD 19.78 billion in 2021 and is expected to exhibit a 43.10% CAGR growth during the study period. This is attributed to the presence of many big giant companies and rapid development in electric vehicle infrastructure across the region.

Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Europe e-bikes market accounts for the second-largest market share due to the strict government policies on vehicle emissions and rapid adoption of Electric Motorbike throughout the region which further rise the demand for e-bikes in the European region during the forecast period. Further, the Germany e-bikes market held the largest market share, and the UK e-bikes market was the fastest-growing market in the European region.

The Asia-Pacific E-Bikes Market is expected to grow at the fastest CAGR from 2024 to 2030. This is due to increased sales of electric vehicles and the availability of raw materials with affordable prices. Moreover, China e-bikes market held the largest market share, and the India e-bikes market was the fastest-growing market in the Asia-Pacific region.

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