Power Assist Electric Bicycle Market Size and Forecasts (2032), and Regional Share, Trends, and Growth Opportunity Analysis
The Power Assist Electric Bicycle Market is expanding rapidly due to rising consumer interest in eco-friendly transportation solutions. These bicycles, which combine traditional pedaling with electric motor assistance, offer a sustainable and cost-effective alternative to cars for short-distance commutes.
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The global market size for power assist electric bicycles was valued at approximately $8.5 billion in 2023 and is projected to reach around $18.7 billion by 203..
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