Global e-bike market will reach 2064.49 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/7/31

The research report predicts that the United States e-bike market will surge at a steady rate in the coming years due to growing environmental concerns regarding pollution. Higher awareness about carbon emissions and greenhouse effect has pushed the market for e-bikes in the U.S. in the upward direction. The market is also being driven by the stringent government norms towards carbon emissions. Increasing subsidiaries on e-bikes is also projected to bode well for the United States e-bike market. In addition, the demand for e-bikes, especially the ones with peddling option, is expected to spike as fitness conscious consumers remain on the rise.

According to the study, the U.S. e-bike market is expected to be worth US$2064.49 mn by the end of 2025 from US$343.64 mn in 2018. During the forecast period of 2019 and 2025, the market is projected to register a CAGR of 29.19%.

Click to view the full report:  https://www.qyresearch.com/index/detail/1214061/united-states-e-bike-market
This article was first released by QYResearch, if reproduced, please indicate the source.
Telephone number:020-22093278
Contact:press@qyresearch.com
When contacting, please refer to QYR company's Mia introduction.