Australia E- Bike Market Size & Share Analysis - Industry Research Report - Growth Trends

 Analysis of the Australian e-bike market

According to projections, the Australian e-bike market would grow at a CAGR of 1.83%.

Largest Segment by Propulsion Type - Pedal Assisted: E-bikes with pedal assistance allow riders to travel farther and faster since the motor generates more power, which is useful for hauling loads and saving money and time. As a result, it is the largest market category.

City/Urban bikes make up the largest part of the market by application type since they are constantly used for everyday commuting by students, employees, and delivery services.

Largest Segment by Battery Type - Lithium-ion Battery: Increasingly, bicycles are using lithium-ion batteries due to improvements in technology, improved range, long battery life, and fast charging capabilities.

Speed Pedelec is the fastest-growing market by propulsion type due to rising consumer interest in fast bikes so they can get to their destination faster in congested areas and because they save money on fuel.

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