Use of Bikes and Scooters Are On the Rise in North America

May 27 22:50 2019
A recently released study has found that the scooter market is definitely opening up, with a forecast annual revenue of some 675.7 million dollars by 2024. It’s definitely on the increase, showing that a growing part of the population has an interest in them.

There is a rising number of people in Canada and other countries who are looking for a more economical and environmentally friendly approach to get to work, and to get around town, as well. The simple truth is that many people are struggling to pay the rent, let alone buy a car, and need a viable alternative for transit. Taking local transit is always an option, and not for everyone due to continued costs. Some people would prefer to invest in a mode of transit, rather than continue to pay for monthly passes. The logical step-in to solve that problem is the bicycle and the scooter.

The bicycle and scooter are not new. The bicycle was invented sometime in the mid to late nineteenth century, depending on who you ask. The modern scooter came about sometime in the late 1940s. What has changed is that many people are now aware that they are considered as an alternative way to get around, but are these different forms of transportation getting more popular?

A recently released study has found that the scooter market is definitely opening up, with a forecast annual revenue of some 675.7 million dollars by 2024. It’s definitely on the increase, showing that a growing part of the population has an interest in them.

What of bicycles? Electric bicycles alone are projected to be worth about 4.16 billion dollars by 2023. That number was $1.7 billion in 2017. So, the use of bicycles, and especially electric bicycles, are something that is seeing a growing interest, as well.

The result of this renewed interest in the long established bicycle and scooter is simple. People are looking for an affordable alternative to get to work, but pushing yourself on a scooter or regular bicycle can tire you out. The solution has become electric scooters and bikes that take some, if not all, of the load when getting to work.

There is also a second benefit that people have realized from buying these smaller, more affordable electric vehicles: they’re good for the environment. In today’s world, more and more people are looking to reduce their “carbon footprint”. Trading your car in for an electric vehicle offers a sizeable reduction in that footprint.

Bicycle owners can take advantage of the many cities who have created bike lanes on most of their streets to encourage the use of that form of travel and scooters have the advantage of being allowed where bikes sometimes are not.

This enormous increase in interest across the world, and in Canada, has resulted in a greater demand for these marvelous, and light, forms of transportation. The result is that companies everywhere are jumping aboard, with many of them serving their own national markets, like Epic Cycles does in Canada. This new endeavour, concentrating on the purchase and maintenance of bicycles and scooters has found an accessible market through the Internet, in large part due to accessibility and ease of purchase.

About Epic Cycles

Epic Cycles is dedicated to providing affordable electric bikes, scooters, parts, and service across GTA. They offer online shopping and full customer support.

Media Contact
Company Name: Epic Cycles
Contact Person: Media Relations
Email: Send Email
Phone: 647-715-9000
Address:6221 HWY 7 W Unit 1
City: Vaughan
State: Ontario L4H 0K8
Country: Canada
Website: https://epiccycles.ca/

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