Electric Cargo Bike Market The global electric cargo bike market is projected to grow from USD 2.1 billion in 2023 to USD 6.2 billion by 2033, reflecting a compound annual growth rate (CAGR) of 11.4% over the forecast period. This growth is largely driven by the surge in e-commerce, which has heightened the demand for efficient last-mile delivery solutions. Electric cargo bikes are …
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Electric Cargo Bike Market Total OEM Sales, Recent Trends, Sales Outlook, Key Players, End User, Demand Till 2031
With increasing investments in the expansion of transport infrastructure to meet the growing need of the global population, the electric cargo bikes market is anticipated to surge at an impressive pace. According to Future Market Insights (FMI), the global electric cargo bike market is projected to expand exponentially at CAGR of around 11% over the forecast period …