United States E-Bike Market Report and Forecast 2024-2032

United States E-Bike Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the United States e-bike market reached a value of USD 1.64 billion in 2023. Aided by the confluence of technological advancements, environmental consciousness, and a growing appetite for alternative modes of transportation, the market is projected to further grow at a CAGR of 9.8% between 2024 and 2032 to reach a value of USD 3.95 billion by 2032.

E-bikes, or electric bicycles, combine traditional biking with electric motors, offering riders an assisted boost to cover longer distances, tackle challenging terrains, and reduce physical strain. This blend of convenience, sustainability, and fitness has positioned e-bikes as a versatile solution for commuters, enthusiasts, and everyone in between.

Several factors contribute to the United States e-bike market growth. Firstly, the increasing environmental awareness and the urgent need to reduce carbon emissions have propelled the adoption of e-bikes as a green alternative to motor vehicles. Additionally, the COVID-19 pandemic has accelerated the shift towards personal mobility devices, as people seek safer and socially distanced modes of transportation.

The technological evolution of e-bikes, including improvements in battery life, motor efficiency, and overall design, has significantly enhanced their appeal and usability. Modern e-bikes are not only more reliable but also come in various models catering to different needs, from urban commuting to off-road adventures.

According to the United States e-bike market analysis, the integration of smart technologies, such as GPS tracking and connectivity features, has elevated the e-bike riding experience, attracting a tech-savvy demographic looking for connected and interactive mobility solutions.

The regulatory framework for e-bikes in the United States is undergoing development, with efforts to standardise classifications and usage guidelines at the federal and state levels. These regulations are crucial for ensuring rider safety, promoting responsible use, and integrating e-bikes into the broader transportation ecosystem.

From a health perspective, e-bikes offer a compelling proposition, blending physical activity with the convenience of motor-assisted travel. This balance encourages more people to incorporate biking into their daily routines, contributing to public health and wellness.

Looking ahead, the United States e-bike market demand is poised for continued growth and innovation. The expansion of cycling infrastructure, such as dedicated bike lanes and trails, will play a significant role in supporting the adoption of e-bikes. Additionally, the advent of e-bike sharing programs presents an opportunity for wider accessibility and exposure to this mode of transportation.

Market Segmentation

The market can be divided based on propulsion type, application, drive type, battery type, and region.

Market Breakup by Platform Propulsion Type
  • Pedal-assisted
  • Throttle-assisted
Market Breakup by Application
  • City/Urban
  • Trekking
  • Cargo
  • Others
Market Breakup by Drive Type
  • Belt Drive
  • Chain Drive
Market Breakup by Battery Type
  • Lead Acid Battery
  • Lithium-ion Battery
Market Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States e-bike market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Cycling Sports Group, Inc.
  • Giant Manufacturing Co. Ltd.
  • Pedego Inc.
  • Yamaha Motor Corporation
  • Trek Bicycle Corporation
  • Specialized Bicycle Components, Inc.
  • Rad Power Bikes Inc.
  • Aventon
  • Rambo Bikes
  • Blix Bicycle Inc.
  • Others
About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America E-Bike Market Overview
8.1 Key Industry Highlights
8.2 North America E-Bike Historical Market (2018-2023)
8.3 North America E-Bike Market Forecast (2024-2032)
8.4 North America E-Bike Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 United States E-Bike Market Overview
9.1 Key Industry Highlights
9.2 United States E-Bike Historical Market (2018-2023)
9.3 United States E-Bike Market Forecast (2024-2032)
10 United States E-Bike Market by Propulsion Type
10.1 Pedal-assisted
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Throttle-assisted
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 United States E-Bike Market by Application
11.1 City/Urban
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Trekking
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cargo
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 United States E-Bike Market by Drive Type
12.1 Belt Drive
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Chain Drive
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States E-Bike Market by Battery Type
13.1 Lead Acid Battery
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Lithium-ion Battery
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 United States E-Bike Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Mideast
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Plains
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Southeast
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Southwest
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Far West
14.8.1 Historical Trend (2018-2023)
14.8.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Cycling Sports Group, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certification
16.2.2 Giant Manufacturing Co. Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certification
16.2.3 Pedego Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certification
16.2.4 Yamaha Motor Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certification
16.2.5 Trek Bicycle Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certification
16.2.6 Specialized Bicycle Components, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certification
16.2.7 Rad Power Bikes Inc.,
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certification
16.2.8 Aventon
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certification
16.2.9 Rambo Bikes
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certification
16.2.10 Blix Bicycle Inc.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certification
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America E-Bike Market: Key Industry Highlights, 2018 and 2032
2. United States E-Bike Market: Key Industry Highlights, 2018 and 2032
3. United States E-Bike Historical Market: Breakup by Propulsion Type (USD Billion), 2018-2023
4. United States E-Bike Market Forecast: Breakup by Propulsion Type (USD Billion), 2024-2032
5. United States E-Bike Historical Market: Breakup by Application (USD Billion), 2018-2023
6. United States E-Bike Market Forecast: Breakup by Application (USD Billion), 2024-2032
7. United States E-Bike Historical Market: Breakup by Drive Type (USD Billion), 2018-2023
8. United States E-Bike Market Forecast: Breakup by Drive Type (USD Billion), 2024-2032
9. United States E-Bike Historical Market: Breakup by Battery Type (USD Billion), 2018-2023
10. United States E-Bike Market Forecast: Breakup by Battery Type (USD Billion), 2024-2032
11. United States E-Bike Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United States E-Bike Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. United States E-Bike Market Structure

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings