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The Cargo Bike market is a subset of the Automotive and Transport industry. It is comprised of bicycles and tricycles designed to carry goods and materials, as well as passengers. Cargo Bikes are typically used for short-distance transportation, such as commuting, shopping, and deliveries. They are becoming increasingly popular due to their environmental benefits, cost-effectiveness, and convenience.
Cargo Bikes are available in a variety of styles, including electric, folding, and long-tail. They are often equipped with features such as cargo racks, baskets, and trailers. Additionally, some models are designed to accommodate multiple passengers.
The Cargo Bike market is growing rapidly, as more people are turning to these vehicles for their transportation needs. This trend is driven by the increasing awareness of environmental issues, as well as the convenience and cost-effectiveness of Cargo Bikes.
Some companies in the Cargo Bike market include Yuba, Tern, Rad Power Bikes, and Riese & Müller. Show Less Read more