CHICAGO, June 28, 2022 /PRNewswire/ — According to the new market research report “E-Bike Market by Class (Class-I, Class-II, Class-III), Speed (Up to 25km/h, 25-45 km/h), Battery Type (Lithium-ion, Lithium-ion Polymer, Lead Acid), Motor Type, Mode (Pedal Assist, Throttle), Component, Usage, Ownership and Region – Forecast to 2027″, published by MarketsandMarkets™, the E-Bike Market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. The Electric Bike Market is expected to witness growth due to increase in demand for sustainable mobility solutions, rising traffic congestions, increasing fuel prices and growing interest in cycling as a fitness and recreational activity.
Browse in-depth TOC on “E-Bike Market”
415 – Tables
65 – Figures
371 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=110827400
Lithium-ion polymer battery type segment is expected to be the highest growing segment during the forecast period.
The Lithium-ion polymer batteries are the future of the battery technology. Lithium-ion polymer batteries offer a better range and lesser weight than lithium-ion batteries. Another benefit is these batteries do not have free liquid, so the lithium-ion polymer batteries do not require to be protected by a heavy case which adds directly to the weight of the e-Bike. These batteries can be molded in different shape and size, thus, there is a…
