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Download Free sampleThe global Electric Bicycles market was valued at 9424.79 Million USD in 2021 and will grow with a CAGR of 3.56% from 2021 to 2027.
The prime objective of Electric Bicycles Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Electric Bicycles Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An electric bicycle, also known as an e-bike or booster bike, is a bicycle with an integrated electric motor which can be used for propulsion. There are a great variety of e-bikes available worldwide, from e-bikes that only have a small motor to assist the rider`s pedal-power.An electric bicycle, also known as an e-bike or booster bike, is a bicycle with an integrated electric motor which can be used for propulsion. China is the dominant player in global electric bicycle market. In 2015, China sold 14856 K Units of electric bicycle, which accounted for 86.94% of global market. USA and Europe are also important market for electric bicycle, where the product produced there are usually high end products.
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