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Electric Bike Market
The global electric bike market is projected to experience remarkable growth, driven by increased consumer demand for eco-friendly transportation solutions, government incentives, and technological advancements. The market, valued at USD 57.79 billion in 2024, is expected to reach USD 151.01 billion by 2034, growing at an impressive CAGR of 11.2% during the forecast period. Electric bikes (e-bikes) are becoming a preferred alternative to traditional vehicles due to their cost efficiency, sustainability, and health benefits.
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5500
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Automotive
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