
Global E-Bike Market
Description
Global E-Bike Market size was valued at USD 37.42 billion in 2023 and is poised to grow from USD 41.68 billion in 2024 to USD 89.83 billion by 2032, growing at a CAGR of 10.2% during the forecast period (2024-2032).
The global e-bike market is witnessing significant growth driven by increasing urbanization, environmental concerns, and advances in battery and motor technologies. Rising consumer preference for sustainable and cost-effective transportation solutions, along with government incentives and investments in urban infrastructure, are catalyzing market expansion. Technological innovations in lightweight lithium-ion batteries, high-torque mid-drive motors, and integration with smart connectivity features like IoT and GPS have enhanced the performance, safety, and appeal of e-bikes.
The market's growth is further supported by surging demand for e-bikes in cargo logistics and last-mile deliveries, particularly in highly congested urban centers. Shared micro-mobility services have grown exponentially, further driving adoption. However, challenges such as the high initial purchase price of e-bikes and concerns around battery life and range anxiety present restraints. The emergence of modular designs, sustainable manufacturing processes, and expanded charging infrastructure are key trends supporting long-term market development. The Asia-Pacific region retains a dominant market share led by China’s extensive manufacturing base, while Europe and North America represent mature markets focusing on premium and smart e-bike segments.
Leading players such as Giant Manufacturing Co. Ltd., Accell Group N.V., Yadea Group Holdings Ltd., and Robert Bosch GmbH are focusing on product innovation, expanding manufacturing capabilities, and strategic partnerships to capture market opportunities.
The global e-bike market is witnessing significant growth driven by increasing urbanization, environmental concerns, and advances in battery and motor technologies. Rising consumer preference for sustainable and cost-effective transportation solutions, along with government incentives and investments in urban infrastructure, are catalyzing market expansion. Technological innovations in lightweight lithium-ion batteries, high-torque mid-drive motors, and integration with smart connectivity features like IoT and GPS have enhanced the performance, safety, and appeal of e-bikes.
The market's growth is further supported by surging demand for e-bikes in cargo logistics and last-mile deliveries, particularly in highly congested urban centers. Shared micro-mobility services have grown exponentially, further driving adoption. However, challenges such as the high initial purchase price of e-bikes and concerns around battery life and range anxiety present restraints. The emergence of modular designs, sustainable manufacturing processes, and expanded charging infrastructure are key trends supporting long-term market development. The Asia-Pacific region retains a dominant market share led by China’s extensive manufacturing base, while Europe and North America represent mature markets focusing on premium and smart e-bike segments.
Leading players such as Giant Manufacturing Co. Ltd., Accell Group N.V., Yadea Group Holdings Ltd., and Robert Bosch GmbH are focusing on product innovation, expanding manufacturing capabilities, and strategic partnerships to capture market opportunities.
Table of Contents
360 Pages
- 1. Introduction
- 1.1. Objectives of the Study
- 1.2. Scope of the Report
- 1.3. Definitions
- 2. Research Methodology
- 2.1. Information Procurement
- 2.2. Secondary & Primary Data Sources
- 2.3. Market Size Estimation
- 2.4. Market Assumptions & Limitations
- 3. Executive Summary
- 3.1. Global Market Outlook
- 3.2. Supply & Demand Trend Analysis
- 3.3. Segmental Opportunity Analysis
- 4. Market Dynamics & Outlook
- 4.1. Market Overview
- 4.2. Market Size
- 4.3. Market Dynamics
- 4.3.1. Drivers & Opportunities
- 4.3.2. Restraints & Challenges
- 4.4. Porter’s Five Forces Analysis
- 4.4.1. Competitive Rivalry
- 4.4.2. Threat of Substitute Products
- 4.4.3. Bargaining Power of Buyers
- 4.4.4. Threat of New Entrants
- 4.4.5. Bargaining Power of Suppliers
- 5. Key Market Insights
- 5.1. Technology Analysis
- 5.2. Value Chain Analysis
- 5.3. Ecosystem of the Market
- 5.4. Patent Analysis
- 5.5. Pricing Analysis
- 5.6. Regulatory Landscape
- 5.7. Innovation Matrix
- 5.8. PESTEL Analysis
- 5.9. Top Investment Analysis
- 5.10. Key Success Factors
- 5.11. Degree of Competition
- 6. Global E-Bike Market Size by Battery Type
- 6.1. Market Overview
- 6.2. Lithium-ion
- 6.3. Lead Acid
- 6.4. Others
- 7. Global E-Bike Market Size by Battery Capacity
- 7.1. Market Overview
- 7.2. 300 - 699 Wh
- 7.3. 700 - 900 Wh
- 7.4. Above 900 Wh
- 8. Global E-Bike Market Size by Mode
- 8.1. Market Overview
- 8.2. Pedal Assist
- 8.3. Throttle
- 9. Global E-Bike Market Size by Motor Type
- 9.1. Market Overview
- 9.2. Hub Motor
- 9.3. Mid Drive Motor
- 10. Global E-Bike Market Size by Motor Power
- 10.1. Market Overview
- 10.2. Up to 50 Nm
- 10.3. 51 to 70 Nm
- 10.4. Above 70 Nm
- 11. Global E-Bike Market Size by Usage
- 11.1. Market Overview
- 11.2. Mountain
- 11.3. Urban
- 11.4. Cargo
- 11.5. Others
- 12. Global E-Bike Market Size by Region
- 12.1. North America (By Battery Type, Battery Capacity, Mode, Motor Type, Motor Power, Usage)
- 12.1.1. USA
- 12.1.2. Canada
- 12.2. Europe (By Battery Type, Battery Capacity, Mode, Motor Type, Motor Power, Usage)
- 12.2.1. UK
- 12.2.2. Germany
- 12.2.3. France
- 12.2.4. Italy
- 12.2.5. Spain
- 12.2.6. Rest of Europe
- 12.3. Asia Pacific (By Battery Type, Battery Capacity, Mode, Motor Type, Motor Power, Usage)
- 12.3.1. China
- 12.3.2. India
- 12.3.3. Japan
- 12.3.4. South Korea
- 12.3.5. Rest of Asia Pacific
- 12.4. Latin America (By Battery Type, Battery Capacity, Mode, Motor Type, Motor Power, Usage)
- 12.4.1. Brazil
- 12.4.2. Rest of Latin America
- 12.5. Middle East & Africa (By Battery Type, Battery Capacity, Mode, Motor Type, Motor Power, Usage)
- 12.5.1. GCC Countries
- 12.5.2. South Africa
- 12.5.3. Rest of MEA
- 13. Competitive Landscape
- 13.1. Top 5 Player Comparison
- 13.2. Market Positioning of Key Players, 2024
- 13.3. Strategies Adopted by Key Market Players
- 13.4. Recent Developments and Market Activities
- 13.5. Key Companies Market Share (%)
- 14. Company Profiles
- 14.1. Giant Manufacturing Co. Ltd. (Giant Group)
- 14.1.1. Company Overview
- 14.1.2. Product Portfolio
- 14.1.3. Financial Overview
- 14.1.4. Recent Developments
- 14.2. Accell Group N.V.
- 14.2.1. Company Overview
- 14.2.2. Product Portfolio
- 14.2.3. Financial Overview
- 14.2.4. Recent Developments
- 14.3. Yadea Group Holdings Ltd
- 14.3.1. Company Overview
- 14.3.2. Product Portfolio
- 14.3.3. Financial Overview
- 14.3.4. Recent Developments
- 14.4. Pedego Electric Bikes
- 14.4.1. Company Overview
- 14.4.2. Product Portfolio
- 14.4.3. Financial Overview
- 14.4.4. Recent Developments
- 14.5. Pon Bicycle Holding B.V.
- 14.5.1. Company Overview
- 14.5.2. Product Portfolio
- 14.5.3. Financial Overview
- 14.5.4. Recent Developments
- 14.6. Aima Technology Group Co. Ltd.
- 14.6.1. Company Overview
- 14.6.2. Product Portfolio
- 14.6.3. Financial Overview
- 14.6.4. Recent Developments
- 14.7. Merida Industry Co. Ltd.
- 14.7.1. Company Overview
- 14.7.2. Product Portfolio
- 14.7.3. Financial Overview
- 14.7.4. Recent Developments
- 14.8. Specialized Bicycle Components, Inc.
- 14.8.1. Company Overview
- 14.8.2. Product Portfolio
- 14.8.3. Financial Overview
- 14.8.4. Recent Developments
- 14.9. Hero Lectro E-cycles
- 14.9.1. Company Overview
- 14.9.2. Product Portfolio
- 14.9.3. Financial Overview
- 14.9.4. Recent Developments
- 14.10. Promovec A/S
- 14.10.1. Company Overview
- 14.10.2. Product Portfolio
- 14.10.3. Financial Overview
- 14.10.4. Recent Developments
- 14.11. Bmz Group
- 14.11.1. Company Overview
- 14.11.2. Product Portfolio
- 14.11.3. Financial Overview
- 14.11.4. Recent Developments
- 14.12. Mahle GmbH
- 14.12.1. Company Overview
- 14.12.2. Product Portfolio
- 14.12.3. Financial Overview
- 14.12.4. Recent Developments
- 14.13. Fuji Bikes
- 14.13.1. Company Overview
- 14.13.2. Product Portfolio
- 14.13.3. Financial Overview
- 14.13.4. Recent Developments
- 14.14. Robert Bosch GmbH
- 14.14.1. Company Overview
- 14.14.2. Product Portfolio
- 14.14.3. Financial Overview
- 14.14.4. Recent Developments
- 14.15. Vanmoof
- 14.15.1. Company Overview
- 14.15.2. Product Portfolio
- 14.15.3. Financial Overview
- 14.15.4. Recent Developments
- 14.16. BH Bikes
- 14.16.1. Company Overview
- 14.16.2. Product Portfolio
- 14.16.3. Financial Overview
- 14.16.4. Recent Developments
- 14.17. Brompton Bicycle Limited
- 14.17.1. Company Overview
- 14.17.2. Product Portfolio
- 14.17.3. Financial Overview
- 14.17.4. Recent Developments
- 14.18. Riese & Müller GmbH
- 14.18.1. Company Overview
- 14.18.2. Product Portfolio
- 14.18.3. Financial Overview
- 14.18.4. Recent Developments
- 14.19. Mystromer AG
- 14.19.1. Company Overview
- 14.19.2. Product Portfolio
- 14.19.3. Financial Overview
- 14.19.4. Recent Developments
- 14.20. Cowboy
- 14.20.1. Company Overview
- 14.20.2. Product Portfolio
- 14.20.3. Financial Overview
- 14.20.4. Recent Developments
- 15. Conclusion & Recommendation
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.