Pedelec Market Share & Forecast by Fact MR

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2025-05-21 16:30:04 -

The global pedelec market was valued at US$ 32.26 billion in 2023. With a projected compound annual growth rate (CAGR) of 7.1% from 2023 to 2033, the market is expected to reach US$ 64.05 billion by 2033. The pedelec market, which refers to pedal electric bicycles, has experienced significant expansion in recent years as consumers seek eco-friendly, efficient, and cost-effective...

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