Global E-bike Charging Station Market was valued at US$ 2754.6 Million in 2022. Global e-bike charging station market growth is expected to witness growth by 2030, owing to increasing demand for environmentally friendly transportation options is driving the growth of global E-Bike charging station market. Moreover market is segmented By Vehicle Type: Electric Scooters/ Motorcycles, E-bike and By region: North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
Global Growing demand for electric bikes- Drivers
As more people switch to electric bikes for transportation, the need for charging station is increased. Moreover electric bikes are increasingly popular due their affordability, efficiency and environmental friendliness. For instance according to World Economic Forum in 2022 electric bike sales grew by 145% in the U.S.
Global E-bike Charging Station Market- Restraints
Limited availability of charging stations
Limited availability of charging stations is expected to hamper the market growth. . The limited availability of charging stations is a barrier in the adoption of e-bikes, as consumers This hamper the overall demand for e-bikes, and hinders the market growth. For instance
Global E-bike Charging Station Market- Impact of Coronavirus (Covid-19) Pandemic
The COVID-19 pandemic had negative impacts on the global e-bike charging station market. Owing to the slowdown in logistics and the lack of availability of labors globally, the manufacturing of automotive products was put on hold. A number of e-commerce businesses throughout the world stopped shipping non-essential items, including the majority of infrastructure and automotive products, which had an impact on the global E-bike Charging Station market.
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https://www.coherentmarketinsights.com/market-insight/e-bike-charging-station-market-4580
Key Takeaways:
Global e-bike charging station market was valued at US$ 2754.7 Million in 2022 and is expected to reach 3816.4 Mn by 2030, exhibiting a CAGR of 4.16% between 2022 and 2030. For instance, according to Coherent Market Insights analysis, in Europe 2,088,000 e-bike units sold in 2017 and 3,332,000 e-bike units sold in 2019 with a growth of 59.6%.
E-bike segment held the dominant position in the global e-bike charging station market in 2022, accounting for a 60.3% share in terms of value, owing to increasing approval and launches of new products.
Global Data Visualization Tools Market- Competitive Landscape
Amezeus (HFS Group), Ather Energy, Bikeep, Cycle Works, EV Motors India Pvt. Ltd, Robert Bosch GmbH, RTL Group, Spelsberg, Swiftmile, and Zoov.
Global Data Visualization Tools Market- Recent Developments
In September 2020, EV Motors India Pvt. Ltd, entered into a partnership with Hero Electric, India's largest electric scooter company. As part of this partnership, EV Motors will offer advanced battery solutions and charging infrastructure integrated with Hero Electric vehicles.
