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17 May

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     According to IMARC Group’s latest report, titled “Europe E-Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the Europe e-bike market exhibited strong growth during 2016-2021. Looking forward, the market is expected to continue its strong growth during 2022-2027.

     E-bike, or electric bicycle, is integrated with an electric motor to assist propulsion. It consists of a battery, controller, drivetrain, and display to provide directions. E-bike is broadly categorized into pedelecs and throttle. As compared to fuel-powered vehicles, e-bikes are more economical, energy-efficient, convenient to operate, and generate zero emissions. Apart from this, they offer physical and mental health benefits, such as improved cardiovascular fitness, reduced stress, better muscle strength, enhanced aerobic capacity, and maintained weight.

 

      Europe e-bike market is primarily being driven by rising environmental consciousness and rapid urbanization in the region. Additionally, the flourishing tourism industry and the rising need for micro-mobility amongst adults are contributing to the market growth. Moreover, the increasing use of e-bikes for several recreational activities is acting as a growth-inducing factor. Besides this, leading players are introducing advanced e-bikes, such as smart e-bike monitoring system (SEMS) and hydrogen-powered bikes, which is creating a positive outlook for the market in the region.

 
All images of this article from wallpaper.com

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