Report ID: SQMIG25A2023
Report ID:
SQMIG25A2023 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
61 |
Figures:
75
Due to the high demand for energy-efficient and emission-free electric two-wheelers in the region, charging infrastructure has become a necessity for boosting two wheeler vehicle sales. Asia Pacific held the leading position among regions in the global e-bike charging station market in 2021, and it is predicted that it will continue to do so throughout the forecast period.
On the other hand, the market in North America is anticipated to expand significantly due to the rapidly growing popularity of emission-free vehicles. The involvement of important corporations in the partnership plan would support Europe's strong growth.
As local companies look to capitalise on opportunities presented by the e-mobility revolution, the rest of the world market is gaining significant speed. For instance, Zembo, a startup based in Kampala, Uganda, is promoting the use of electric bikes and vehicles in the city by providing pay-as-you-go and lease-to-own options.
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REQUEST FREE CUSTOMIZATIONE-Bike Charging Station Market size was valued at USD 2.51 billion in 2019 and is poised to grow from USD 3 billion in 2023 to USD 13.78 billion by 2031, growing at a CAGR of 19.5% in the forecast period (2024-2031).
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Report ID: SQMIG25A2023