Electric Bicycle Market Expected to Reach USD 6.6 Billion by 2034

The electric bicycle market is on the brink of significant growth, with forecasts suggesting it will reach a substantial value of USD 6.6 Billion by 2034, maintaining a steady CAGR of 5.1%. This surge in demand is propelled by several factors, including increasing awareness of environmental sustainability, rising fuel prices, and a growing emphasis on healthier lifestyle choices. Electric bicycles …