The global electric bikes industry has been witnessing bright opportunities, owing to government support and strict rules in favor of electric bikes. Moreover, growing consumer inclination towards use of e-bikes as an eco-friendly and efficient solution to commute and increasing fuel costs drive the growth of the global electric bikes market. In addition, growing interest in cycling as a fitness and recreational activity has driven a paradigm shift in fitness-conscious customers
The smart home market is expected to grow from 76.6 billion USD in 2018 to 151.4 billion USD by 2024, at a Compound Annual Growth Rate (CAGR) of 12.02%. The growth of the smart home market is driven by various factors, such as, a large base of internet users and increased adoption of smart devices; rise in the awareness of fitness and healthy lifestyles owing to high disposable income in developing economies; more people are monitoring their homes from remote locations; rise in the need for energy-saving..