E-Bike Market worth $80.6 billion by 2027 - Exclusive Report by MarketsandMarkets - Seite 2

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North America is estimated to be the fastest growing E-Bike Market from 2022 to 2027.

North America is estimated to be the fastest growing market for e-Bikes from 2022 to 2027 due to the increase in adoption of e-Bikes for daily commute usage by consumers. US and Canada are the majorly contributing to the sale of e-Bikes in North America. North America has witnessed a boost in e-Bike sales in 2020-2021 after the situations started to regularize due to increased vaccination rate post Covid-19. With the increased attraction for recreational activities, the mountain e-bikes segment is estimated to grow the fastest in North America by 2027. The quest to maintain the ecosystem and reduce the release of toxic elements into the atmosphere and carbon footprint is significant for the rapid response to North American e-Bike adoption. To reduce emissions, governments in North America are offering incentives to purchase cargo e-Bikes. These factors would increase the demand for e-Bikes in North America by 2027.

The E-Bike Market is dominated by major players such as Accell Group N. V (Netherlands), Pon.Bike (US), Merida Industry Co., Ltd (China), Giant Manufacturing Co., Ltd (Taiwan), Yamaha Motor Company (Japan), Yadea Group Holdings Ltd (China), Pedego Electric Bikes (US), AIMA Technology Group Co., Ltd (China), Trek Bicycle Corporation (US) and Specilaized Bicycle Components, Inc (US).

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