The e-bike market will generate $66.53 billion by 2030:

Portland, OR, June 06, 2022 (GLOBE NEWSWIRE) — According to the report released by Allied Market Research, the electric bike market generated $24.90 billion in 2020 and is expected to reach $66.53 billion by 2030, growing at a CAGR of 10.5% from 2021 to 2030. The report offers a detailed analysis of the changing trends in the market, major segments, major investment pockets, value chain and regional landscape. , and competitive scenario.

Favorable government regulations and policies, soaring fuel costs, and growing interest in cycling as a fitness and leisure activity are driving the growth of the global e-bike market. However, the soaring cost of purchasing and maintaining e-bikes is restraining the growth of the market. On the other hand, improvements in cycling infrastructure and battery technology and the rise of connected e-bikes present new opportunities in the coming years.

Download the report (PDF of 422 pages with information, graphs, tables, figures) at

Covid-19 scenario:

  • Electric bike sales volume declined in the first quarter of 2020, due to the closure of bike shops with lockdown restrictions in place during the Covid-19 pandemic. However, the sales volume of e-bikes increased after the lockdown in most countries, including China, the Netherlands, Japan, the United States, Italy and France.
  • As one of the leading bicycle manufacturers and with the largest e-bike market, China has seen an increase in demand in this sector.
  • After the lockdown, the market should recover as request for electric bikes is on the rise across the world with an increase in health awareness and preference for environmentally friendly means of transport.

The report offers detailed segmentation of the global electric bicycle market on the basis of engine type, battery type, application, consumption segment, power output and region.

Customization request at

Based on battery type, the lithium-ion (Li-ion) segment contributed the highest share in 2020, accounting for more than three quarters of the total market share, and is expected to maintain its dominant share by now. 2030. Moreover, this segment is expected to exhibit the highest CAGR of 11.2% from 2021 to 2030. The report also analyzes lead-acid and other segments.

Based on applications, the commuting segment held the largest share in 2020, accounting for more than half of the global e-bike market. However, the fitness segment is estimated to witness the fastest CAGR of 13.3% during the forecast period.

Do you want to acquire the data with a strategy and actionable insights? Find out here at

Based on region, Asia-Pacific accounted for the highest share in 2020, contributing more than half of the total market share, and is expected to maintain its leading status by 2030. However, LAMEA is expected to show the fastest CAGR of 14.6%. during the forecast period.

Key players of the global electric bicycle market analyzed in the research include Accell Group NV, Derby Cycle, CSE EV Group Co. Ltd., Fuji-ta Bicycle Co. Ltd., Merida Bikes, Giant Group, Trek Bicycle Corporation, Yadea Technology Group. Co., Ltd., Royal Gazelle and Yamaha Motor Corporation.

Buy the full report now!

Similar reports we have on the electric vehicle industry:

Electric bike market by product (Pedelecs, Speed ​​Pedelecs, Throttle on Demand and scooter and motorcycle), drive mechanism (hub motor, mid-drive and others) and battery type (lead-acid, lithium-ion (Li-ion) and Others): Global Opportunities Analysis and Industry Forecast 2020-2030.

Electric Bike Kits Market by class (Class I, II and III), battery (Li-Ion, Li-Ion polymer, lead-acid, others), motor (mid, hub), mode (throttle, pedal assist), usage (mountain/hiking, City/Urban, Freight), Speed ​​(

Electric vehicle market by type (battery electric vehicle, plug-in hybrid electric vehicle and fuel cell electric vehicle), vehicle type (two-wheelers, passenger cars and commercial vehicles), vehicle category (mid-price and luxury), maximum speed ( less Over 100 mph, 100-125 mph and over 125 mph) and vehicle driving type (front-wheel drive, rear-wheel drive and all-wheel drive): global opportunity analysis and industry forecast, 2021-2030.

Micromobility market by propulsion type (human-powered and electric), vehicle type (electric scooters, bicycles, skateboards and others), sharing type (dockside and dockless) and age group (15-34, 35- 54 and 55+): Global Opportunities Analysis and Industry Forecast, 2021-2030.

One Wheel Electric Scooter Market by product type (electric unicycle and one-wheel electric hoverboard), application (off-road activities and daily commuting), sales channel (online sales and offline sales) and speed limit (Kmh) (20 Kmh – 30 Kmh, 30 kmh – 50 kmh and over 50 kmh): Global opportunity analysis and industry forecast, 2020-2030.

Electric scooter and motorcycle market by vehicle type (electric scooter/moped and electric motorcycle), product type (retro, standing/self-balancing and folding), battery (sealed lead-acid and lithium-ion), distance traveled (less than 75 miles, 75 – 100 miles and over 100 miles), technology (plug-in and battery), voltage (36V, 48V, 60V and 72V) and vehicle category (economy and luxury): analysis of global opportunities and forecasts of industry, 2021-2030.

Low Speed ​​Electric Vehicle Market by vehicle type (passenger vehicle, heavy-duty vehicle, utility vehicle, and off-road vehicle) and end user (golf courses, tourist destinations, hotels and resorts, airports, and residential and commercial premises): analysis of global opportunities and Industry Forecast, 2018–2030.

About Us

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

Pawan Kumar, the CEO of Allied Market Research, directs the organization towards the provision of high quality data and information. We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (toll free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975

The Web:

Allied Market Research Blog:

follow us on | Facebook | Twitter | LinkedIn |