E-Bike Market Size, Share, & Trends Analysis Report By Drive (Chain Drive, Belt Drive), By Battery (Lead-acid Battery, Lithium-ion Battery), By End-use (Personal, Commercial), By Region, And Segment Forecasts, 2025 - 2030

E-Bike Market Size, Share, & Trends Analysis Report By Drive (Chain Drive, Belt Drive), By Battery (Lead-acid Battery, Lithium-ion Battery), By End-use (Personal, Commercial), By Region, And Segment Forecasts, 2025 - 2030

E-Bike Market Growth & Trends

The global e-bike market size is estimated to reach USD 113.64 billion by 2030, expanding at a CAGR of 10.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Electric bikes are considered an eco-friendly and flexible mode of transportation. They are an ideal substitute for public transport, scooters, and smart cars as they help avoid traffic jams and achieve high speed with minimal effort. Moreover, they enable riders to maintain a healthy lifestyle through increased physical activity. These factors are contributing to the growth of the global market.

The declining consumer inclination toward cars owing to increased traffic on streets and growing urbanization is expected to offer lucrative growth opportunities for the market across the globe. Additionally, governments of several countries, including India, U.K., and Canada, are focused on developing infrastructures for bicycles owing to the growing consumer preferences for electric bikee-bikes. For instance, in 2017, Bikeep, a commercial bike parking systems and bike racks manufacturer, introduced a smart bicycle rack solution that offers electric bicycle charging. The solution is designed to cater to various popular electric bicycles.

Key players in the market are focused on strategies such as new product launch and geographic expansion to enhance their business operations and product offerings. For instance, in October 2020, Giant Manufacturing Co. Ltd. announced the launch of a full-composite trail bike, Trance X Advanced Pro 29. The bike is equipped with an updated Maestro rear suspension and flip-chip feature that permits riders to modify the frame geometry. Similarly, in October 2020, Pedego Electric Bikes opened a new store in Boca Raton, Florida. The store offers a full range of electric bikes for rental and sale, along with related accessories and services.

E-Bike Market Report Highlights

• Based on drive, the chain drive segment led the market with the largest revenue share of 88.90% in 2024. The dominance of the chain drive segment in the e-bike industry is attributed to its proven reliability, cost-effectiveness, and widespread familiarity among manufacturers and consumers.
• Based on battery, the lithium-ion battery segment led the market with the largest revenue share of 82.87% in 2024 and is anticipated to grow at the fastest CAGR during the forecast period.
• The Asia Pacific is expected to become the largest regional market over the forecast period owing to significant investments in the vehicle charging infrastructure and government subsidies for battery-powered vehicles

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