EBike Market – Global Forecast To 2032
전기 자전거 – 클래스 (클래스 I, II, III), 배터리 (리튬 이온, 리튬 이온 폴리머, 납 축전지), 모터 (미드, 허브), 모드 (스로틀, 페달 어시스트), 용도 (산악 / 트레킹, 도시 / 도시,화물), 속도, 배터리 용량, 구성 요소, 지역별 – 2032 년
E-bike Market by Class (Class I, II, III), Battery (Li-ion, Li-ion Polymer, Lead Acid), Motor (Mid, Hub), Mode (Throttle, Pedal Assist), Usage (Mountain/Trekking, City/Urban, Cargo), Speed, Battery Capacity, Component, and Region – Global Forecast to 2032
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2025년8월 |
| 페이지 수 | 536 |
| 도표 수 | 729 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
이 보고서는 시장 선도 기업/신규 진입 기업이 전기 자전거 시장 및 하위 부문의 매출 수치에 대한 가장 근사치 정보를 얻는 데 도움이 될 것입니다. 전기 자전거 판매의 부침을 분석하여 부품 공급업체가 전략을 수립할 수 있도록 지원합니다. 이 보고서는 이해관계자들이 경쟁 환경을 이해하고, 사업의 입지를 강화하고 적절한 시장 진출 전략을 수립하는 데 필요한 통찰력을 얻는 데 도움이 될 것입니다. 또한, 시장 동향을 파악하고 주요 시장 동인, 제약, 과제, 기회에 대한 정보를 제공합니다. 구동 장치 공급업체 시장 점유율, 주요 공급업체별 전기 자전거 디스플레이 시스템 시장 점유율, 그리고 OEM 분석에 대한 이해를 도울 것입니다.
전기 자전거 시장은 2025년 541억 달러에서 2032년 872억 달러로 연평균 7.0% 성장할 것으로 예상됩니다. 이 시장은 팬데믹 기간 동안 환경에 대한 인식이 높아지고 대체 교통 수단에 대한 수요가 증가하면서 2019년부터 2021년까지 강력한 성장을 보였습니다. 그러나 2023년에는 경기 침체와 재고 조정으로 인해 유럽을 비롯한 일부 지역에서 판매가 감소했습니다. 2024년에는 아시아, 오세아니아, 북미를 중심으로 회복세가 시작되었으며, 적극적인 규제와 개선된 인프라 덕분에 전기 자전거 도입이 촉진되었습니다. 1등급 전기 자전거가 여전히 시장을 주도했지만, 특히 북미 지역에서는 더 빠른 속도를 자랑하는 3등급 전기 자전거가 인기를 얻고 있습니다.
오프로드 용도와 도시 라스트마일 배송 수요 증가로 인해 전기 산악자전거(e-MTB)와 화물용 전기 자전거 수요가 빠르게 증가하고 있습니다. 향상된 배터리 기술, 라이더 지원 기능, 그리고 통근자들의 변화하는 교통 환경은 장기적인 시장 확장을 뒷받침할 것으로 예상됩니다.
The e-bike market is projected to grow from USD 54.1 billion in 2025 to USD 87.2 billion by 2032 at a CAGR of 7.0%. The market witnessed strong growth between 2019 and 2021 due to increased environmental awareness and demand for alternative mobility during the pandemic. However, 2023 saw a decline in sales across some regions, particularly Europe, due to economic slowdowns and inventory corrections. Recovery began in 2024, led by Asia Oceania and North America, where supportive regulations and improved infrastructure fueled adoption. Class-I e-bikes continued to dominate, but Class-III models were gaining traction, especially in North America, due to their higher speed capabilities.
The demand for e-MTBs and cargo e-bikes is rising rapidly, driven by off-road applications and urban last-mile delivery needs. Enhanced battery technology, rider assist features, and shifting commuter preferences are expected to support long-term market expansion.

“>70 NM motor-powered e-bikes are projected to be the fastest-growing segment over the forecast period.”
High motor torque is a defining feature in the evolving e-bike landscape, particularly for off-road, mountain biking, and cargo applications. E-bikes with >70 NM torque offer robust performance for demanding terrains and heavy-duty tasks, with gear-assisted systems reaching torque outputs of 800–1,000 N·m in extreme off-road conditions. This power is essential in urban logistics for cargo e-bikes handling loads of up to 200 kg, where stability and efficiency are critical for last-mile delivery. Europe remains the largest market for high-torque e-bikes, supported by urban logistics growth and premium recreational use. Advancements in mid-drive motors, like Bosch’s Performance Line CX offering up to 85 N·m with gear amplification, have enabled efficient power delivery while maintaining handling and battery performance. Additionally, brands such as Ariel Rider and Juiced Bikes are pushing torque thresholds further with 85–110 N·m models, signaling an industry shift toward power-centric solutions. However, this trend is mainly concentrated in North America and Europe, where infrastructure and consumer spending can support the USD 3,000+ price range. Regulatory constraints, such as 25–32 km/h speed limits in many regions, continue to restrict mainstream adoption, making high-torque e-bikes a specialized but growing segment in the global market.
“City/urban bikes are projected to be the largest segment during the forecast period.”
City or urban e-bikes have quickly gained attention and popularity due to their ease of use, comfort, and practicality for daily city life. As urbanization increases, the demand for e-bikes and other eco-friendly forms of transport is also expected to grow. The main factor driving the growth of city/urban e-bikes is their low electricity consumption, and they are easy to maintain, making them economical. City/urban e-bikes are priced between USD 1,000 and USD 3,000, and they are more suitable for city homeowners for short-distance commutes. Most urban e-bikes are equipped with 250W to 500W hub or mid-drive motors, providing efficient performance across flat urban terrain. Battery capacities generally range between 360Wh and 500Wh, delivering practical ranges of 40–80 km per charge, sufficient for daily commutes.
Asia Oceania is the region with the most significant city/urban e-bike sales in terms of value in 2025. Cities with traffic congestion are shifting towards micro-mobility services, and most city/urban bikes are used for micro-mobility, like Hellobike (China), Anywheel (Singapore), and Coo Rides (India). Prominent players who manufacture city/urban e-bikes are Giant Manufacturing Ltd. (Taiwan), Yadea Group Holdings Ltd. (China), Emotorad (India), and Trek Bicycle Corporation (US). Examples of city/urban e-bikes include Rad Power Bikes RadCity 5 Plus, Tenways CGO600 Pro, Giant Escape+ E+ 3, Trek Verve+, and Specialized Turbo Vado 4.0.

“Europe is estimated to be the second-largest e-bike market in 2025 due to the rising demand for e-bikes.”
E-bike sales in Europe declined in 2023 and 2024 due to several macroeconomic and geopolitical factors, including the Russia-Ukraine war, global economic slowdown, inflation, high inventory levels, and reduced consumer spending. Germany, the region’s largest market, saw a decline from 2.1 million units in 2023 to 2.05 million in 2024, a ~2.4% drop, as buyers opted to maintain existing bikes rather than purchase new ones. However, governments across Europe are actively promoting e-bike adoption through subsidies, infrastructure upgrades, and green mobility programs. For example, buyers can claim up to 25% of an e-bike’s purchase price, with a rebate cap of USD 1,100. Additionally, infrastructure development such as dedicated lanes, charging stations, and compact standardized charging connectors showcased at Eurobike 2022 is reinforcing the market foundation for a rebound.
In 2024, e-bike sales in countries like Germany, Austria, and Belgium surpassed traditional bicycles, with Germany’s e-bikes accounting for ~53% of total bike sales. The rise of e-cargo bikes for last-mile delivery, particularly in the UK, also reflects a growing commercial application, supporting the market’s long-term growth.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.
Here’s the breakdown of the interviews conducted:
- By Company Type: OEM – 80%, Tier I – 20%
- By Designation: D Level – 30%, C Level – 60%, and Others – 10%
- By Region: North America – 10%, Europe – 60%, Asia Oceania – 30%,
The key players in the e-bike market are Giant Manufacturing Co., Ltd. (Taiwan), Yamaha Motor Company (Japan), Accell Group NV (Netherlands), Yadea Group Holdings, Ltd. (China), and Pedego (US). Major companies’ key strategies to maintain their position in the global e-bike market are strong global networking, mergers and acquisitions, partnerships, and technological advancements.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the e-bike market and the sub-segments. The report discusses ups and downs in e-bike sales, allowing component suppliers to plan their strategies. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities. It will help in understanding the drive unit supplier market share, e-bike display system market share by key suppliers, and OEM analysis.
The report further provides insights into the following points:
- Market Dynamics: Analysis of key drivers (government support to increase e-bike sales to reduce CO2 emissions, growing popularity of e-MTBs, rising demand for micro-mobility services), restraints (high stagnant inventory of e-bikes, government regulations, and lack of infrastructure, e-bike conversion kits), opportunities (trend toward connected e-bikes, development of lightweight electrical energy storage systems, development in drive motors for increased e-bike performance), and challenges (challenges in importing to EU and US from China, high cost of e-bikes) influencing the growth of the e-Bike market
- Product Development/Innovation: Detailed insights on upcoming technologies and product & service launches in the e-bike market
- Market Development: Comprehensive market information (the report analyses the authentication and brand protection market across varied regions)
- Market Diversification: Exhaustive information about products & services, untapped geographies, recent developments, and investments in the e-bike market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Pon. Bike (Netherlands), Accell Group N.V. (Netherlands), Giant Manufacturing Co., Ltd. (Taiwan), Yadea Group Holdings, Ltd. (China), and Merida Bicycle (Taiwan) in the e-bike market
Table of Contents
1 INTRODUCTION 41
1.1 STUDY OBJECTIVES 41
1.2 MARKET DEFINITION 42
1.3 INCLUSIONS AND EXCLUSIONS 43
1.4 MARKET SCOPE 44
1.4.1 YEARS CONSIDERED 45
1.5 CURRENCY CONSIDERED 45
1.6 UNIT CONSIDERED 46
1.7 STAKEHOLDERS 46
1.8 SUMMARY OF CHANGES 47
2 RESEARCH METHODOLOGY 48
2.1 RESEARCH DATA 48
2.1.1 SECONDARY DATA 50
2.1.1.1 Key secondary sources for eBike sales/market sizing 50
2.1.1.2 Key data from secondary sources 51
2.1.2 PRIMARY DATA 52
2.1.2.1 Primary interview participants 53
2.2 MARKET SIZE ESTIMATION 53
2.2.1 BOTTOM-UP APPROACH: BY REGION, CLASS, AND USAGE 54
2.2.2 TOP-DOWN APPROACH: BY BATTERY TYPE AND MOTOR TYPE 56
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 58
2.4 FACTOR ANALYSIS 59
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 59
2.5 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT 60
2.6 RESEARCH LIMITATIONS 63
3 EXECUTIVE SUMMARY 64
3.1 REPORT SUMMARY 64
4 PREMIUM INSIGHTS 68
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN EBIKE MARKET 68
4.2 EBIKE MARKET, BY MODE 69
4.3 EBIKE MARKET, BY MOTOR TYPE 69
4.4 EBIKE MARKET, BY CLASS 70
4.5 EBIKE MARKET, BY USAGE 70
4.6 EBIKE MARKET, BY BATTERY TYPE 71
4.7 EBIKE MARKET, BY SPEED 71
4.8 EBIKE MARKET, BY OWNERSHIP 72
4.9 EBIKE MARKET, BY COMPONENT 72
4.10 EBIKE MARKET, BY MOTOR WEIGHT 73
4.11 EBIKE MARKET, BY BATTERY CAPACITY 73
4.12 EBIKE MARKET, BY MOTOR POWER 74
4.13 EBIKE MARKET, BY MOTOR POWER (WATT) 74
4.14 EBIKE MARKET, BY BATTERY VOLTAGE 75
4.15 EBIKE MARKET, BY BATTERY INTEGRATION 75
4.16 EBIKE MARKET, BY DRIVE SYSTEM 76
4.17 EBIKE MARKET, BY REGION 76
5 MARKET OVERVIEW 77
Market overview of eBike market with market dynamics, trends, OEM Analysis, Cost Breakdown, and others
5.1 INTRODUCTION 77
5.2 MARKET DYNAMICS 78
5.2.1 DRIVERS 78
5.2.1.1 Government support to increase eBike sales for CO2 emission reduction 78
5.2.1.1.1 Europe 79
5.2.1.1.2 North America 81
5.2.1.1.3 Asia Oceania 83
5.2.1.2 Growing popularity of electric mountain and cargo bikes 84
5.2.1.2.1 Electric mountain and cargo bike models and their technical specifications 84
5.2.1.3 Growth of micro mobility services and Mobility-as-a-Service (MaaS) 85
5.2.2 RESTRAINTS 86
5.2.2.1 Limited charging infrastructure for eBikes 86
5.2.2.2 Varied government regulations and lack of proper infrastructure 86
5.2.2.3 eBike conversion kits 87
5.2.3 OPPORTUNITIES 88
5.2.3.1 Trend of connected eBikes 88
5.2.3.2 Development of lightweight electrical energy storage systems 89
5.2.3.3 Developments in drive motors for improved performance of eBikes 90
5.2.4 CHALLENGES 90
5.2.4.1 High price of eBikes 90
5.2.4.2 Challenges in importing to European Union and US from China 90
5.2.4.2.1 China to European Union: Import requirements 91
5.2.4.2.2 China to US: Import requirements 92
5.3 KEY STAKEHOLDERS AND BUYING CRITERIA 92
5.3.1 FOOD DELIVERY 96
5.3.2 POSTAL SERVICES 96
5.3.3 MUNICIPAL SERVICES 96
5.4 SUPPLY CHAIN ANALYSIS 97
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 98
5.6 ECOSYSTEM ANALYSIS 99
5.7 TECHNOLOGY ANALYSIS 101
5.7.1 KEY TECHNOLOGIES 101
5.7.1.1 All-wheel drive 101
5.7.1.2 Motor drive 102
5.7.1.3 Battery technology 102
5.7.1.4 Electric mountain bikes 102
5.7.2 COMPLEMENTARY TECHNOLOGIES 103
5.7.2.1 Swappable batteries 103
5.7.2.2 Integration of intelligent features 103
5.7.2.3 Folding eBikes for urban mobility 103
5.7.3 ADJACENT TECHNOLOGIES 104
5.7.3.1 Aftermarket eBike kit 104
5.7.3.2 Subscription and sharing services 104
5.8 PRICING ANALYSIS 104
5.8.1 BY OEM AND TYPE, 2025 104
5.8.2 BY REGION 104
5.8.3 BY KEY COUNTRY 105
5.9 LEADING GLOBAL E-BIKE OEMS – PRODUCTION FOOTPRINT, CAPACITY, AND PRODUCT FOCUS 105
5.10 TRADE ANALYSIS 106
5.10.1 EXPORTS 106
5.10.1.1 China 107
5.10.1.2 Germany 107
5.10.1.3 Netherlands 108
5.10.1.4 Taipei, Chinese 108
5.10.2 IMPORTS 108
5.10.2.1 Germany 109
5.10.2.2 US 109
5.10.2.3 Netherlands 110
5.10.2.4 France 110
5.10.2.5 Belgium 111
5.11 PATENT ANALYSIS 111
5.11.1 INTRODUCTION 111
5.12 REGULATORY LANDSCAPE 119
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 119
5.12.2 REGULATORY ANALYSIS OF EBIKE MARKET, BY REGION/COUNTRY 122
5.12.2.1 European Union 122
5.12.2.2 China 122
5.12.2.3 India 123
5.12.2.4 Japan 123
5.12.2.5 US 124
5.13 KEY CONFERENCES AND EVENTS, 2025–2026 125
5.14 CASE STUDY ANALYSIS 126
5.14.1 COMODULE CONNECTIVITY: THEFT-PROOF URBAN ARROW CARGO EBIKES 126
5.14.2 NYE SOLUTION: REQUIREMENT OF LUBRICANTS FOR ROTARY MOTOR GEAR OF EBIKES 126
5.14.3 COMODULE: LAUNCH OF IOT INTEGRATIONS FOR SHIMANO DRIVETRAINS 127
5.14.4 BINOVA DRIVE UNIT: CONTACTLESS TORQUE SENSORS 128
5.14.5 MAHLE GROUP: NEW GENERATION OF DRIVE SYSTEM FOR EBIKES 128
5.14.6 REVONTE ONE DRIVE SYSTEM: DEVELOPMENT OF NEW DRIVE SYSTEM FOR EBIKES WITH AUTOMATIC TRANSMISSION 129
5.15 TOP-SELLING EBIKE MODELS VS. PRICE RANGE BY COUNTRY 129
5.15.1 US 129
5.15.2 CANADA 132
5.15.3 GERMANY 134
5.15.4 NETHERLANDS 136
5.15.5 UK 138
5.15.6 JAPAN 140
5.15.7 CHINA 141
5.16 LIST OF EBIKE BRANDS PER OEM 142
5.17 OEM ANALYSIS: EBIKE COMPONENT SUPPLIERS X MOTOR POWER 143
5.17.1 EBIKE MOTOR SUPPLIERS VS MOTOR POWER 143
5.18 OEM ANALYSIS: OEM X BREATH OF THE PRODUCT OFFERED 144
5.18.1 OEM X BREATH OF THE PRODUCT OFFERED 144
5.19 OEM ANALYSIS: OEM X MOTOR TYPE 145
5.19.1 EBIKE OEM VS MOTOR TYPE 145
5.20 OEM ANALYSIS: OEM X BATTERY VOLTAGE 145
5.20.1 EBIKE OEM VS BATTERY VOLTAGE 145
5.21 DISTANCE DRIVEN PER APPLICATION 146
5.21.1 EMTB: DISTANCE VS. RIDING TIME 146
5.21.2 EBIKE: DISTANCE VS. SYSTEM WEIGHT 147
5.21.3 EBIKE: BATTERY VOLTAGE VS. MILES 147
5.22 INVESTMENT AND FUNDING SCENARIO 148
5.23 BILL OF MATERIALS 149
5.24 TOTAL COST OF OWNERSHIP 150
5.24.1 TOTAL COST OF OWNERSHIP (GLOBAL) 151
5.24.2 TOTAL COST OF OWNERSHIP FOR EBIKES IN INDIA, EBIKE VS. E2W VS. ICE 2W 151
5.24.2.1 Total cost of ownership (India) 151
5.24.3 COST BREAKDOWN 152
5.25 IMPACT OF AI/GEN AI ON EBIKE MARKET 153
5.25.1 IMPACT AND RECOMMENDATIONS 154
5.26 EBIKE BATTERY RECYCLING PROCESS, POLICIES, AND STANDARDS 154
5.26.1 RECYCLING PROCESS OVERVIEW 154
5.26.2 POLICIES AND STANDARDS, BY REGION 155
5.26.3 RECENT DEVELOPMENTS (2024–2025) 155
5.26.4 KEY PLAYERS IN EBIKE BATTERY RECYCLING 156
6 EBIKE MARKET, BY USAGE 157
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
6.1 INTRODUCTION 158
6.2 MOUNTAIN/TREKKING 160
6.2.1 AGILE FRAME STRUCTURE FOR EASY OFF-ROAD CYCLING TO DRIVE GROWTH 160
6.2.1.1 Mountain eBike, model-wise motor power and battery weight 160
6.3 CITY/URBAN 162
6.3.1 DESIGNED FOR FREQUENT, SHORT, AND MODERATE-PACE RIDES 162
6.3.1.1 City/Urban eBike, model-wise motor power and battery weight 162
6.4 CARGO 164
6.4.1 RISE IN E-COMMERCE INDUSTRY TO DRIVE MARKET 164
6.4.1.1 Cargo eBike, model-wise motor power and battery weight 165
6.5 OTHER USAGES 166
6.5.1 OTHER EBIKE USAGES, MODEL-WISE MOTOR POWER AND BATTERY WEIGHT 167
6.6 PRIMARY INSIGHTS 168
7 EBIKE MARKET, BY CLASS 169
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
7.1 INTRODUCTION 170
7.2 CLASS I 171
7.2.1 RAPIDLY GROWING SEGMENT OF EBIKE MARKET 171
7.2.1.1 Production and model insights for Class I eBike OEMs 172
7.3 CLASS II 174
7.3.1 REGULATORY SUPPORT IN NORTH AMERICA TO DRIVE MARKET 174
7.3.1.1 Production and model insights for Class II eBike OEMs 175
7.4 CLASS III 176
7.4.1 MOST REGULATED CLASS OF EBIKES 176
7.4.1.1 Production and model insights for Class III eBike OEMs 177
7.5 PRIMARY INSIGHTS 178
8 EBIKE MARKET, BY COMPONENT 179
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
8.1 INTRODUCTION 180
8.2 BATTERY 182
8.2.1 ADVANCEMENT IN BATTERY TECHNOLOGIES FOR HIGH-PERFORMANCE EBIKES TO DRIVE MARKET 182
8.2.1.1 Comprehensive overview of leading eBike battery manufacturers 183
8.3 ELECTRIC MOTOR 184
8.3.1 CONSTANT DEVELOPMENTS IN EBIKE MOTORS AND GROWING DEMAND FOR HIGH PERFORMANCE TO DRIVE MARKET 184
8.3.1.1 Comprehensive overview of leading eBike motor manufacturers 185
8.4 FRAME WITH FORK 186
8.4.1 INCREASING DEMAND FOR TITANIUM AND CARBON FIBER FOR LIGHTWEIGHT FRAMES TO DRIVE MARKET 186
8.4.1.1 Comprehensive overview of eBike frame with fork manufacturers 187
8.5 WHEEL 188
8.5.1 RISING DEMAND FOR PERFORMANCE EBIKES TO BOOST NEED FOR DURABLE, HIGH-QUALITY WHEEL SYSTEMS 188
8.5.1.1 Comprehensive overview of eBike wheel manufacturers 189
8.6 CRANK GEAR 190
8.6.1 NORTH AMERICA TO DOMINATE MARKET 190
8.6.1.1 Comprehensive overview of eBike crank gear manufacturers 191
8.7 BRAKE SYSTEM 192
8.7.1 INCREASE IN SPEED LIMIT REGULATIONS TO DRIVE MARKET 192
8.7.1.1 Comprehensive overview of eBike brake system manufacturers 193
8.8 MOTOR CONTROLLER 194
8.8.1 ADVANCEMENT IN MOTOR CONTROLLERS FOR HIGH-PERFORMANCE EBIKES TO DRIVE MARKET 194
8.8.1.1 Comprehensive overview of eBike motor controller manufacturers 195
8.9 PRIMARY INSIGHTS 196
9 EBIKE MARKET, BY DRIVE SYSTEM 197
Market Size Potential and Opportunity Assessment To 2032 – Volume (Thousand Units)
9.1 INTRODUCTION 198
9.2 EBIKE MODELS AND THEIR DRIVE SYSTEMS 198
9.3 CHAIN DRIVE 201
9.3.1 COMPATIBLE WITH VARIOUS GEAR SYSTEMS 201
9.4 BELT DRIVE 202
9.4.1 RISING FOCUS TOWARD URBAN RIDING 202
10 EBIKE MARKET, BY MODE 204
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
10.1 INTRODUCTION 205
10.2 PEDAL ASSIST 206
10.2.1 IDEAL FOR COMMUTING AND LIGHT CARGO TRANSPORT 206
10.3 THROTTLE 208
10.3.1 GROWING DEMAND FOR LAST-MILE DELIVERIES TO DRIVE GROWTH 208
10.4 PRIMARY INSIGHTS 209
11 EBIKE MARKET, BY OWNERSHIP 210
Market Size Potential and Opportunity Assessment To 2032 – Volume (Thousand Units)
11.1 INTRODUCTION 211
11.2 SHARED 212
11.2.1 COST-EFFECTIVENESS OF SHARED OWNERSHIP TO DRIVE MARKET 212
11.3 PERSONAL 213
11.3.1 MINIMAL MAINTENANCE COSTS OF PERSONAL EBIKES TO DRIVE MARKET 213
11.4 PRIMARY INSIGHTS 214
12 EBIKE MARKET, BY SPEED 215
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
12.1 INTRODUCTION 216
12.2 UP TO 25 KM/H 217
12.2.1 EUROPE AND ASIA OCEANIA TO DRIVE MARKET 217
12.3 25-45 KM/H 219
12.3.1 NORTH AMERICA TO DRIVE MARKET 219
12.4 PRIMARY INSIGHTS 220
13 EBIKE MARKET, BY BATTERY CAPACITY 221
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
13.1 INTRODUCTION 222
13.2 <250W 224
13.2.1 IDEAL FOR ENTRY-LEVEL CITY EBIKES, COMPACT FOLDING BIKES, AND LOW-SPEED ELECTRIC CYCLES 224
13.2.1.1 Model-wise motor power and battery capacity, <250W 224
13.3 >250W−<450W 226
13.3.1 GROWING DEMAND FOR LONG-RANGE EBIKES IN EUROPE AND NORTH AMERICA TO DRIVE GROWTH 226
13.3.1.1 Model-wise motor power and battery capacity, >250W−<450W 226
13.4 >450W−<650W 228
13.4.1 NEED FOR COST-EFFECTIVE AND EFFICIENT OPTIONS TO DRIVE MARKET 228
13.4.1.1 Model-wise motor power and battery capacity,>450W−<650W 228
13.5 >650W 230
13.5.1 INCREASING DEMAND FOR HIGH-POWERED EBIKES TO DRIVE MARKET 230
13.5.1.1 Model-wise Motor Power and Battery Capacity,>650W 230
14 EBIKE MARKET, BY TYPE OF BATTERY INTEGRATION 232
Market Size Potential and Opportunity Assessment To 2032 – Volume (Thousand Units)
14.1 INTRODUCTION 233
14.2 EBIKE MODELS AND THEIR TYPES OF BATTERY INTEGRATION 233
14.3 INTEGRATED 236
14.3.1 OFFERS CLEAN AESTHETICS AND BETTER WEIGHT DISTRIBUTION 236
14.4 EXTERNAL 237
14.4.1 EASY BATTERY SWAPPING AND CHARGING PROVIDING FLEXIBILITY ACROSS VEHICLE MODELS 237
15 EBIKE MARKET, BY BATTERY TYPE 239
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
15.1 INTRODUCTION 240
15.2 LITHIUM-ION 242
15.2.1 RANGE, WEIGHT, AND LONGEVITY OF LITHIUM-ION BATTERIES IDEAL FOR EBIKES 242
15.3 LITHIUM-ION POLYMER 244
15.3.1 BETTER RANGE AND LESSER WEIGHT THAN LITHIUM-ION BATTERIES 244
15.4 LEAD-ACID 245
15.4.1 CHEAPEST OF ALL EBIKE BATTERIES 245
15.5 OTHER BATTERY TYPES 247
15.6 PRIMARY INSIGHTS 248
16 EBIKE MARKET, BY BATTERY VOLTAGE 249
Market Size Potential and Opportunity Assessment To 2032 – Volume (Thousand Units)
16.1 INTRODUCTION 250
16.2 EBIKE MODELS AND THEIR BATTERY VOLTAGES 250
16.3 LESS THAN 39V 253
16.3.1 WELL-SUITED FOR FOLDING EBIKES 253
16.3.1.1 Key market insights, less than 39V batteries 253
16.4 39V TO 45V 254
16.4.1 CUSTOMIZABLE BATTERY PREFERRED BY EBIKE ENTHUSIASTS 254
16.4.1.1 Key market insights, 39V to 45V batteries 255
16.5 45V TO 51V 256
16.5.1 IDEAL FOR PERFORMANCE-ORIENTED BIKES IN DEMANDING CONDITIONS 256
16.5.1.1 Key market insights, 45V to 51V batteries 256
17 EBIKE MARKET, BY MOTOR POWER (NM) 258
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
17.1 INTRODUCTION 259
17.2 EBIKE MODEL VS. MOTOR POWER (NM) 259
17.3 <40 NM 263
17.3.1 GROWING SALES OF AFFORDABLE EBIKES REQUIRING LESS MOTOR POWER TO DRIVE GROWTH 263
17.4 >40–<70 NM 265
17.4.1 HIGH DEMAND FOR CITY AND MULTI-PURPOSE EBIKES TO DRIVE GROWTH 265
17.5 >70 NM 266
17.5.1 RISING DEMAND FOR MOUNTAIN AND TREKKING BIKES TO DRIVE GROWTH 266
18 EBIKE MARKET, BY MOTOR WEIGHT 269
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
18.1 INTRODUCTION 270
18.2 OPERATIONAL DATA 270
18.3 < 2 KG 273
18.3.1 RISING DEMAND FOR CITY EBIKES TO DRIVE MARKET 273
18.4 > 2 KG −< 2.4 KG 274
18.4.1 SIGNIFICANT INVESTMENTS IN MICRO-MOBILITY PROJECTS TO DRIVE MARKET 274
18.5 > 2.4 KG 276
18.5.1 INCREASING USE OF HIGH-POWER MOTORS TO DRIVE MARKET 276
19 EBIKE MARKET, BY MOTOR POWER (WATT) 278
Market Size Potential and Opportunity Assessment To 2032 – Volume (Thousand Units)
19.1 INTRODUCTION 279
19.2 EBIKE MODELS AND THEIR MOTOR POWERS 279
19.3 <250W 282
19.3.1 LOW POWERED AND COST-EFFECTIVE 282
19.4 251–350W 283
19.4.1 OFFER HIGHER ASSISTANCE LEVELS 283
19.5 351–500W 284
19.5.1 OFFERS BALANCED PERFORMANCE AND ENERGY EFFICIENCY 284
19.6 501–600W 285
19.6.1 GOOD OPTION FOR RIDERS FREQUENTLY NAVIGATING INCLINES 285
19.7 >600W 286
19.7.1 RISE IN DEMAND FOR MOUNTAIN EBIKES 286
20 EBIKE MARKET, BY MOTOR TYPE 288
Market Size Potential and Opportunity Assessment To 2032 – Value (USD Million) & Volume (Thousand Units)
20.1 INTRODUCTION 289
20.2 HUB MOTOR 290
20.2.1 EXTRA TRACTION PROVIDED BY ALL-WHEEL DRIVE-LIKE SYSTEMS TO DRIVE MARKET 290
20.3 MID-DRIVE MOTOR 292
20.3.1 GEAR RATIO TO KEEP MID MOTOR SEGMENT AHEAD OF HUB MOTOR SEGMENT 292
20.4 PRIMARY INSIGHTS 294
21 EBIKE MARKET, BY REGION 295
Country-level Analysis, Market Size Potential and Opportunity Assessment to 2032, By Usage and By Class – Value (USD Million) & Volume (Thousand Units)
21.1 INTRODUCTION 296
21.1.1 EBIKE MARKET: BY USAGE 298
21.1.2 EBIKE MARKET: BY CLASS 299
21.2 ASIA OCEANIA 301
21.2.1 MACROECONOMIC OUTLOOK 301
21.2.2 ASIA OCEANIA: COUNTRY-LEVEL EBIKE OEM MANUFACTURING PLANT 305
21.2.3 ASIA OCEANIA EBIKE MARKET, BY USAGE 307
21.2.4 ASIA OCEANIA EBIKE MARKET, BY CLASS 308
21.2.5 CHINA 309
21.2.5.1 Traffic congestion in urban cities to drive market 309
21.2.6 JAPAN 312
21.2.6.1 Presence of major eBike component innovators to drive market 312
21.2.7 INDIA 315
21.2.7.1 Growing fuel prices to drive market 315
21.2.8 SOUTH KOREA 317
21.2.8.1 Government initiatives to reduce carbon emissions to drive market 317
21.2.9 TAIWAN 320
21.2.9.1 Growing eBike exports to drive market 320
21.2.10 AUSTRALIA 322
21.2.10.1 eBike tourism to drive market 322
21.3 NORTH AMERICA 325
21.3.1 MACROECONOMIC OUTLOOK 325
21.3.2 NORTH AMERICA: COUNTRY-LEVEL EBIKE OEM MANUFACTURING PLANT 328
21.3.3 NORTH AMERICA: EBIKE MARKET, BY USAGE 330
21.3.4 NORTH AMERICA: EBIKE MARKET, BY CLASS 331
21.3.5 US 332
21.3.5.1 Increasing awareness about sustainable transportation solutions to drive market 332
21.3.6 CANADA 334
21.3.6.1 Investment in shared mobility infrastructure to drive market 334
21.4 EUROPE 337
21.4.1 MACROECONOMIC OUTLOOK 337
21.4.2 EUROPE: COUNTRY-LEVEL EBIKE OEM MANUFACTURING PLANT 341
21.4.3 EUROPE: EBIKE MARKET, BY USAGE 344
21.4.4 EUROPE: EBIKE MARKET, BY CLASS 345
21.4.5 GERMANY 346
21.4.5.1 Rising demand for trekking eBikes to drive market 346
21.4.6 NETHERLANDS 349
21.4.6.1 Incentives offered by government to promote eBike adoption to drive market 349
21.4.7 FRANCE 351
21.4.7.1 Government incentives for purchase of cargo eBikes to drive market 351
21.4.8 UK 354
21.4.8.1 Cycle-to-Work scheme to drive market 354
21.4.9 AUSTRIA 356
21.4.9.1 Shift toward electric mobility to drive market 356
21.4.10 ITALY 359
21.4.10.1 Mobility Bonus for higher eBike sales to drive market 359
21.4.11 BELGIUM 361
21.4.11.1 Government initiatives toward infrastructural development to drive market 361
21.4.12 SPAIN 364
21.4.12.1 Bike-sharing schemes to drive market 364
21.4.13 SWITZERLAND 366
21.4.13.1 Growing demand for cargo eBikes to drive market 366
22 COMPETITIVE LANDSCAPE 370
22.1 OVERVIEW 370
22.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, MAY 2023–MARCH 2025 370
22.3 EBIKE MARKET SHARE ANALYSIS, 2024 372
22.3.1 NORTH AMERICA: EBIKE MARKET SHARE ANALYSIS, 2024 373
22.3.2 EUROPE: EBIKE MARKET SHARE ANALYSIS, 2024 373
22.3.3 ASIA OCEANIA: EBIKE MARKET SHARE ANALYSIS, 2024 374
22.3.4 EBIKE DISPLAY MARKET SHARE ANALYSIS, 2024 375
22.3.5 EBIKE BATTERY MARKET SHARE ANALYSIS, 2024 376
22.3.6 OEM-LEVEL EBIKE MARKET SHARE ANALYSIS, 2023–2024 376
22.3.7 EBIKE DRIVE UNIT MARKET SHARE ANALYSIS FOR KEY PLAYERS, 2023–2024 377
22.3.8 EBIKE BATTERY MANAGEMENT SYSTEM MARKET: LIST OF MAJOR BATTERY MANAGEMENT SYSTEM SUPPLIERS 377
22.3.9 EBIKE CONNECTIVITY ECU MARKET: LIST OF MAJOR CONNECTIVITY ECU SUPPLIERS 378
22.3.10 EBIKE INVERTER MARKET: LIST OF MAJOR INVERTER SUPPLIERS 379
22.3.11 LIST OF EBIKE MANUFACTURERS IN CHINA 379
22.3.12 LIST OF PLAYERS WITH GRAVEL EBIKE PRODUCT OFFERINGS 380
22.4 SUPPLIER ANALYSIS 383
22.4.1 MOTOR SUPPLIERS TO KEY OEMS 383
22.4.2 INVERTER SUPPLIERS TO KEY OEMS 384
22.4.3 BATTERY AND BATTERY MANAGEMENT SYSTEM SUPPLIERS TO KEY OEMS 384
22.4.4 COMPONENTS AS A PACKAGE TO OEMS 385
22.4.5 IOT SERVICES BY TOP PLAYERS 386
22.4.5.1 Robert Bosch GmbH 387
22.4.5.1.1 eBike Connect 387
22.4.5.1.2 eBike Flow App 387
22.4.5.2 Specialized Bicycle Components, Inc. 388
22.4.5.2.1 Mission Control App 388
22.4.5.2.2 The Specialized App 388
22.4.5.3 Shimano Inc. 389
22.4.5.3.1 E-Tube 389
22.4.5.4 Yamaha Motor Co., Ltd. 389
22.4.5.4.1 Yamaha My Ride App 389
22.4.5.5 Giant Bicycles 390
22.4.5.5.1 RideControl App 390
22.4.5.6 Fazua GmbH 390
22.4.5.6.1 FAZUA Rider App 390
22.4.5.7 MAHLE GmbH 391
22.4.5.7.1 MySmart Bike App 391
22.4.5.7.2 SmartBike Lab App 391
22.4.5.8 Velco 391
22.4.5.8.1 Velco Rider App 391
22.4.5.9 Powunity GmbH 392
22.4.5.9.1 PowUnity App 392
22.4.5.10 FIT 392
22.4.5.10.1 FIT eBike Control App 392
22.4.5.11 Porsche digital 393
22.4.5.11.1 Cyklær App 393
22.4.5.12 ESB 393
22.4.5.12.1 ESB.APP 393
22.4.5.13 Haibike 394
22.4.5.13.1 eConnect App 394
22.4.5.14 Hyena Inc 394
22.4.5.14.1 Rider App 394
22.4.5.15 Strava 394
22.4.5.15.1 Strava App 394
22.4.5.16 Brose 395
22.4.5.16.1 Brose eBike App 395
22.4.5.17 Garmin Ltd 395
22.4.5.17.1 Garmin Connect App 395
22.4.5.18 Komoot 396
22.4.5.18.1 Komoot App 396
22.4.5.19 Ride with GPS 396
22.4.5.19.1 Ride with GPS app 396
22.4.5.20 TrainerRoad 396
22.4.5.20.1 TrainerRoad App 396
22.4.5.21 Epic Ride Weather 397
22.4.5.21.1 Epic Ride Weather App 397
22.5 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 397
22.6 COMPANY EVALUATION MATRIX: EBIKE MANUFACTURERS, 2024 398
22.6.1 STARS 398
22.6.2 EMERGING LEADERS 398
22.6.3 PERVASIVE PLAYERS 398
22.6.4 PARTICIPANTS 398
22.6.5 COMPANY FOOTPRINT 400
22.7 COMPANY EVALUATION MATRIX: EBIKE COMPONENT SUPPLIERS, 2024 404
22.7.1 STARS 404
22.7.2 EMERGING LEADERS 404
22.7.3 PERVASIVE PLAYERS 404
22.7.4 PARTICIPANTS 404
22.7.5 COMPANY FOOTPRINT 406
22.8 STARTUP/SME EVALUATION MATRIX: EBIKE MANUFACTURERS, 2024 410
22.8.1 PROGRESSIVE COMPANIES 410
22.8.2 RESPONSIVE COMPANIES 410
22.8.3 DYNAMIC COMPANIES 410
22.8.4 STARTING BLOCKS 410
22.8.5 COMPETITIVE BENCHMARKING 412
22.9 COMPETITIVE SCENARIO 413
22.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 413
22.9.2 DEALS 415
22.9.3 EXPANSIONS 417
22.9.4 OTHER DEVELOPMENTS 419
22.10 BRAND COMPARISON 420
22.11 COMPANY VALUATION, 2025 422
22.12 COMPANY FINANCIAL METRICS, 2025 422
23 COMPANY PROFILES 423
23.1 KEY PLAYERS (EBIKE MANUFACTURERS) 423
23.1.1 GIANT BICYCLES 423
23.1.1.1 Business overview 423
23.1.1.2 Products offered 424
23.1.1.3 Recent developments 426
23.1.1.3.1 Product launches 426
23.1.1.3.2 Deals 426
23.1.1.3.3 Expansions 426
23.1.1.3.4 Other developments 427
23.1.1.4 MnM view 427
23.1.1.4.1 Key strengths 427
23.1.1.4.2 Strategic choices 427
23.1.1.4.3 Weaknesses and competitive threats 427
23.1.2 ACCELL GROUP N.V. 428
23.1.2.1 Business overview 428
23.1.2.2 Products offered 429
23.1.2.3 Recent developments 430
23.1.2.3.1 Product launches 430
23.1.2.3.2 Deals 431
23.1.2.3.3 Expansions 431
23.1.2.3.4 Other developments 432
23.1.2.4 MnM view 432
23.1.2.4.1 Key strengths 432
23.1.2.4.2 Strategic choices 432
23.1.2.4.3 Weaknesses and competitive threats 433
23.1.3 YADEA TECHNOLOGY GROUP CO., LTD. 434
23.1.3.1 Business overview 434
23.1.3.2 Products offered 435
23.1.3.3 Recent developments 436
23.1.3.3.1 Product launches 436
23.1.3.3.2 Expansions 437
23.1.3.4 MnM View 438
23.1.3.4.1 Key strengths 438
23.1.3.4.2 Strategic choices 438
23.1.3.4.3 Weaknesses and competitive threats 438
23.1.4 YAMAHA MOTOR CO., LTD. 439
23.1.4.1 Business overview 439
23.1.4.2 Products offered 440
23.1.4.3 Recent developments 441
23.1.4.3.1 Product launches 441
23.1.4.3.2 Deals 442
23.1.4.3.3 Expansions 443
23.1.4.4 MnM view 443
23.1.4.4.1 Key strengths 443
23.1.4.4.2 Strategic choices 443
23.1.4.4.3 Weaknesses and competitive threats 443
23.1.5 PEDEGO 444
23.1.5.1 Business overview 444
23.1.5.2 Products offered 444
23.1.5.3 Recent developments 446
23.1.5.3.1 Product launches 446
23.1.5.3.2 Deals 446
23.1.5.3.3 Expansions 447
23.1.5.4 MnM view 448
23.1.5.4.1 Key strengths 448
23.1.5.4.2 Strategic choices 448
23.1.5.4.3 Weaknesses and competitive threats 449
23.1.6 PON.BIKE 450
23.1.6.1 Business overview 450
23.1.6.2 Products offered 450
23.1.6.3 Recent developments 452
23.1.6.3.1 Deals 452
23.1.6.3.2 Other developments 452
23.1.7 AIMA TECHNOLOGY GROUP CO., LTD. 453
23.1.7.1 Business overview 453
23.1.7.2 Products offered 454
23.1.7.3 Recent developments 455
23.1.7.3.1 Product launches 455
23.1.7.3.2 Deals 455
23.1.8 MERIDA INDUSTRY CO. LTD. 456
23.1.8.1 Business overview 456
23.1.8.2 Products offered 457
23.1.8.3 Recent developments 458
23.1.8.3.1 Product launches 458
23.1.8.3.2 Deals 458
23.1.9 TREK BICYCLE CORPORATION 459
23.1.9.1 Business overview 459
23.1.9.2 Products offered 459
23.1.9.3 Recent developments 460
23.1.9.3.1 Product launches 460
23.1.9.3.2 Deals 461
23.1.10 SPECIALIZED BICYCLE COMPONENTS, INC. 462
23.1.10.1 Business overview 462
23.1.10.2 Products offered 462
23.1.10.3 Recent developments 463
23.1.10.3.1 Deals 463
23.2 EBIKE COMPONENT SUPPLIERS 464
23.2.1 ROBERT BOSCH GMBH 464
23.2.1.1 Business overview 464
23.2.1.2 Products offered 465
23.2.1.3 Recent developments 466
23.2.1.3.1 Product launches/developments/enhancements 466
23.2.1.3.2 Deals 469
23.2.2 SAMSUNG SDI CO. LTD. 470
23.2.2.1 Business overview 470
23.2.2.2 Products offered 471
23.2.2.3 Recent developments 471
23.2.2.3.1 Product launches 471
23.2.3 PANASONIC HOLDINGS CORPORATION 472
23.2.3.1 Business overview 472
23.2.3.2 Products offered 473
23.2.3.2.1 Deals 474
23.2.4 BAFANG ELECTRIC (SUZHOU) CO., LTD. 475
23.2.4.1 Business overview 475
23.2.4.2 Products offered 475
23.2.4.3 Recent developments 476
23.2.4.3.1 Product launches/developments 476
23.2.4.3.2 Deals 477
23.2.4.3.3 Expansions 477
23.2.5 BROSE FAHRZEUGTEILE 479
23.2.5.1 Business overview 479
23.2.5.2 Products offered 479
23.2.5.3 Recent developments 480
23.2.5.3.1 Product enhancements 480
23.2.5.3.2 Deals 480
23.2.5.3.3 Other developments 481
23.2.6 SHIMANO INC. 482
23.2.6.1 Business overview 482
23.2.6.2 Products offered 483
23.2.6.3 Recent developments 484
23.2.6.3.1 Product launches 484
23.2.7 JOHNSON MATTHEY 485
23.2.7.1 Business overview 485
23.2.7.2 Products offered 486
23.2.7.3 Recent developments 487
23.2.7.3.1 Deals 487
23.2.8 PROMOVEC A/S 488
23.2.8.1 Business overview 488
23.2.8.2 Products offered 488
23.2.8.3 Recent developments 489
23.2.8.3.1 Deals 489
23.2.9 BMZ GROUP 490
23.2.9.1 Business overview 490
23.2.9.2 Products offered 490
23.2.9.3 Recent developments 491
23.2.9.3.1 Deals 491
23.2.9.3.2 Expansions 492
23.2.10 WUXI TRUCKRUN MOTOR CO., LTD 493
23.2.10.1 Business overview 493
23.2.10.2 Products offered 493
23.2.11 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD. 495
23.2.11.1 Business overview 495
23.2.11.2 Products offered 495
23.2.11.3 Recent developments 496
23.2.11.3.1 Product launches 496
23.2.11.3.2 Deals 498
23.2.11.3.3 Expansions 498
23.2.11.3.4 Other developments 499
23.2.12 MAHLE GMBH 500
23.2.12.1 Business overview 500
23.2.12.2 Products offered 501
23.2.12.3 Recent developments 502
23.2.12.3.1 Product Launches/developments 502
23.2.12.3.2 Deals 503
23.2.12.3.3 Other developments 503
23.2.13 ZF FRIEDRICHSHAFEN AG 504
23.2.13.1 Business overview 504
23.2.13.2 Products offered 505
23.2.13.3 Recent developments 506
23.2.13.3.1 Product launches/developments 506
23.2.14 SRAM LLC 507
23.2.14.1 Business overview 507
23.2.14.2 Products offered 507
23.2.14.3 Recent developments 508
23.2.14.3.1 Deals 508
23.2.15 TQ GROUP 509
23.2.15.1 Business overview 509
23.2.15.2 Products offered 510
23.2.15.3 Recent developments 510
23.2.15.3.1 Product launches 510
23.3 OTHER PLAYERS 511
23.3.1 HERO LECTRO E-CYCLES 511
23.3.2 CUBE 512
23.3.3 FUJI-TA BICYCLE CO., LTD. 513
23.3.4 ELECTRIC BIKE COMPANY 514
23.3.5 RAD POWER BIKES LLC 515
23.3.6 VANMOOF 516
23.3.7 BH BIKES 517
23.3.8 BROMPTON BICYCLE LIMITED 518
23.3.9 RIESE & MÜLLER GMBH 519
23.3.10 MYSTROMER AG 520
23.3.11 COWBOY 521
24 RECOMMENDATIONS 522
24.1 ASIA OCEANIA TO BE MAJOR MARKET FOR EBIKES 522
24.2 CITY/URBAN EBIKES AND DEVELOPMENTS IN DRIVE MOTORS TO BE KEY FOCUS FOR MANUFACTURERS 522
24.3 RISING DEMAND FOR MID MOTOR COMPARED TO HUB MOTOR 523
24.4 RISING DEMAND FOR >250 W AND <450 W BATTERY CAPACITY IN EBIKES 523
24.5 CONCLUSION 523
25 APPENDIX 524
25.1 KEY INSIGHTS OF INDUSTRY EXPERTS 524
25.2 DISCUSSION GUIDE 525
25.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 531
25.4 CUSTOMIZATION OPTIONS 533
25.4.1 BY DESIGN 533
25.4.1.1 Foldable 533
25.4.1.2 Unfoldable 533
25.4.2 BY FRAME MATERIAL 533
25.4.2.1 Carbon fiber 533
25.4.2.2 Carbon steel 533
25.4.2.3 Aluminum 533
25.4.2.4 Aluminum alloy 533
25.4.3 EMTB MARKET, BY TYPE 533
25.4.3.1 Light 533
25.4.3.2 Trekking 533
25.4.3.3 Enduro 533
25.4.4 CITY E-BIKE MARKET, BY TYPE 533
25.4.4.1 Speed 533
25.4.4.2 Foldable 533
25.4.5 MARKET SHARE ANALYSIS, BY CLASS 533
25.4.6 TECHNICAL SPECIFICATIONS OF EBIKES, BY OEM AND COUNTRY 533
25.4.6.1 US 533
25.4.6.2 Canada 533
25.4.6.3 Germany 533
25.4.6.4 Netherlands 533
25.4.6.5 UK 533
25.4.6.6 France 533
25.4.6.7 China 533
25.4.6.8 Japan 533
25.5 RELATED REPORTS 534
25.6 AUTHOR DETAILS 535
LIST OF TABLES
TABLE 1 EBIKE NOMENCLATURE, BY REGION/COUNTRY 42
TABLE 2 CURRENCY EXCHANGE RATES, 2021–2024 45
TABLE 3 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT 60
TABLE 4 EUROPE: COUNTRY-WISE INCENTIVES/REBATE PROGRAMS TO BOOST EBIKE SALES 79
TABLE 5 NORTH AMERICA: COUNTRY-WISE INCENTIVES/REBATE PROGRAMS TO BOOST EBIKE SALES 81
TABLE 6 ASIA OCEANIA: COUNTRY-WISE INCENTIVES/REBATE PROGRAMS TO BOOST EBIKE SALES 83
TABLE 7 ELECTRIC MOUNTAIN AND CARGO BIKE MODELS AND THEIR TECHNICAL SPECIFICATIONS 84
TABLE 8 EBIKE CLASSIFICATION AND REGULATIONS 87
TABLE 9 KEY BUYING CRITERIA FOR TOP 3 EBIKE USAGES 93
TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 EBIKE USAGES 96
TABLE 11 ROLE OF COMPANIES IN ECOSYSTEM 100
TABLE 12 AVERAGE SELLING PRICE OF EBIKES, BY USAGE AND KEY PLAYERS, 2025 104
TABLE 13 AVERAGE SELLING PRICE OF EBIKES, BY REGION, 2021–2025 104
TABLE 14 AVERAGE SELLING PRICE OF EBIKES, BY KEY COUNTRY, 2025 105
TABLE 15 LEADING GLOBAL E-BIKE OEMS – PRODUCTION FOOTPRINT, CAPACITY, AND PRODUCT FOCUS 105
TABLE 16 CHINA: EXPORT DATA FOR HS CODE 871160: EBIKE EXPORT SHARE, BY COUNTRY, 2020–2024 107
TABLE 17 GERMANY: EXPORT DATA FOR HS CODE 871160: EBIKE EXPORT SHARE, BY COUNTRY, 2020–2024 107
TABLE 18 NETHERLANDS: EXPORT DATA FOR HS CODE 871160: EBIKE EXPORT SHARE, BY COUNTRY, 2020–2024 108
TABLE 19 TAIPEI, CHINESE: EXPORT DATA FOR HS CODE 871160: EBIKE EXPORT SHARE, BY COUNTRY, 2020–2024 108
TABLE 20 GERMANY: IMPORT DATA FOR HS CODE 871160: EBIKE IMPORT SHARE, BY COUNTRY, 2020–2024 109
TABLE 21 US: IMPORT DATA FOR HS CODE 871160: EBIKE IMPORT SHARE, BY COUNTRY, 2020–2024 109
TABLE 22 NETHERLANDS: IMPORT DATA FOR HS CODE 871160: EBIKE IMPORT SHARE, BY COUNTRY, 2020–2024 110
TABLE 23 FRANCE: IMPORT DATA FOR HS CODE 871160: EBIKE IMPORT SHARE, BY COUNTRY, 2020–2024 110
TABLE 24 BELGIUM: IMPORT DATA FOR HS CODE 871160: EBIKE IMPORT SHARE, BY COUNTRY, 2020–2024 111
TABLE 25 EBIKE MARKET: KEY PATENTS, FEBRUARY 2021–MAY 2025 113
TABLE 26 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 119
TABLE 27 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 120
TABLE 28 ASIA OCEANIA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 121
TABLE 29 EUROPEAN UNION: EBIKE REGULATIONS 122
TABLE 30 CHINA: EBIKE REGULATIONS 122
TABLE 31 INDIA: EBIKE REGULATIONS 123
TABLE 32 JAPAN: EBIKE REGULATIONS 123
TABLE 33 US: EBIKE REGULATIONS 124
TABLE 34 CALIFORNIA: EBIKE REGULATIONS 124
TABLE 35 EBIKE MARKET: KEY CONFERENCES AND EVENTS IN 2025–2026 125
TABLE 36 US: TOP EBIKE SUPPLIERS AND THEIR TOP-SELLING MODELS VS. PRICE RANGE 129
TABLE 37 CANADA: TOP EBIKE SUPPLIERS AND THEIR TOP-SELLING MODELS VS. PRICE RANGE 132
TABLE 38 GERMANY: TOP EBIKE SUPPLIERS AND THEIR TOP-SELLING MODELS VS. PRICE RANGE 134
TABLE 39 NETHERLANDS: TOP EBIKE SUPPLIERS AND THEIR TOP-SELLING MODELS VS. PRICE RANGE 136
TABLE 40 UK: TOP EBIKE SUPPLIERS AND THEIR TOP-SELLING MODELS VS. PRICE RANGE 138
TABLE 41 JAPAN: TOP EBIKE SUPPLIERS AND THEIR TOP SELLING MODELS VS. PRICE RANGE 140
TABLE 42 CHINA: TOP EBIKE SUPPLIERS AND THEIR TOP-SELLING MODELS VS. PRICE RANGE 141
TABLE 43 LIST OF EBIKE BRANDS PER OEM 142
TABLE 44 FACTORS AFFECTING RANGE OF EBIKES 146
TABLE 45 EBIKE: BATTERY VOLTAGE VS. MILES 147
TABLE 46 LIST OF FUNDING IN 2022–2024 149
TABLE 47 TOTAL COST OF OWNERSHIP OF EBIKES 151
TABLE 48 5-YEAR TOTAL COST OF OWNERSHIP OF EBIKES IN INDIA 151
TABLE 49 RECENT DEVELOPMENTS 154
TABLE 50 POLICIES AND STANDARDS, BY REGION 155
TABLE 51 RECENT DEVELOPMENTS (2024–2025) 155
TABLE 52 KEY PLAYERS IN EBIKE BATTERY RECYCLING 156
TABLE 53 EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 158
TABLE 54 EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 159
TABLE 55 EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 159
TABLE 56 EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 159
TABLE 57 MOUNTAIN/TREKKING EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 161
TABLE 58 MOUNTAIN/TREKKING EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 161
TABLE 59 MOUNTAIN/TREKKING EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 161
TABLE 60 MOUNTAIN/TREKKING EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 161
TABLE 61 CITY/URBAN EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 163
TABLE 62 CITY/URBAN EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 163
TABLE 63 CITY/URBAN EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 163
TABLE 64 CITY/URBAN EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 163
TABLE 65 CARGO EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 165
TABLE 66 CARGO EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 165
TABLE 67 CARGO EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 166
TABLE 68 CARGO EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 166
TABLE 69 OTHER USAGES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 167
TABLE 70 OTHER USAGES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 167
TABLE 71 OTHER USAGES: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 168
TABLE 72 OTHER USAGES: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 168
TABLE 73 EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 170
TABLE 74 EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 171
TABLE 75 EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 171
TABLE 76 EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 171
TABLE 77 CLASS I E-BIKE OEM – PRODUCT LINE, MANUFACTURING FACILITIES & TECHNICAL DETAILS 172
TABLE 78 CLASS I EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 173
TABLE 79 CLASS I EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 173
TABLE 80 CLASS I EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 173
TABLE 81 CLASS I EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 174
TABLE 82 CLASS II EBIKE OEM – PRODUCT LINE, MANUFACTURING FACILITIES & TECHNICAL DETAILS 175
TABLE 83 CLASS II EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 175
TABLE 84 CLASS II EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 175
TABLE 85 CLASS II EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 175
TABLE 86 CLASS II EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 176
TABLE 87 CLASS III EBIKE OEM – PRODUCT LINE, MANUFACTURING FACILITIES, AND TECHNICAL DETAILS 177
TABLE 88 CLASS III EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 177
TABLE 89 CLASS III EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 177
TABLE 90 CLASS III EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 177
TABLE 91 CLASS III EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 178
TABLE 92 EBIKE MARKET, BY COMPONENT, 2021–2024 (THOUSAND UNITS) 181
TABLE 93 EBIKE MARKET, BY COMPONENT, 2025–2032 (THOUSAND UNITS) 181
TABLE 94 EBIKE MARKET, BY COMPONENT, 2021–2024 (USD MILLION) 181
TABLE 95 EBIKE MARKET, BY COMPONENT, 2025–2032 (USD MILLION) 182
TABLE 96 EBIKE BATTERY MANUFACTURERS – PRODUCT OFFERINGS & TECHNICAL SPECIFICATIONS 183
TABLE 97 BATTERY: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 183
TABLE 98 BATTERY: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 183
TABLE 99 BATTERY: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 184
TABLE 100 BATTERY: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 184
TABLE 101 EBIKE ELECTRIC MOTOR MANUFACTURERS – PRODUCT OFFERINGS & TECHNICAL SPECIFICATIONS 185
TABLE 102 ELECTRIC MOTOR: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 185
TABLE 103 ELECTRIC MOTOR: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 185
TABLE 104 ELECTRIC MOTOR: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 186
TABLE 105 ELECTRIC MOTOR: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 186
TABLE 106 EBIKE FRAME WITH FORK MANUFACTURERS – PRODUCT OFFERINGS & HIGHLIGHTS 187
TABLE 107 FRAME WITH FORK: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 187
TABLE 108 FRAME WITH FORK: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 187
TABLE 109 FRAME WITH FORK: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 187
TABLE 110 FRAME WITH FORK: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 188
TABLE 111 EBIKE WHEEL MANUFACTURERS – PRODUCT OFFERINGS & HIGHLIGHTS 189
TABLE 112 WHEEL: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 189
TABLE 113 WHEEL: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 189
TABLE 114 WHEEL: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 190
TABLE 115 WHEEL: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 190
TABLE 116 EBIKE CRANK GEAR MANUFACTURERS – PRODUCT OFFERINGS & HIGHLIGHTS 191
TABLE 117 CRANK GEAR: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 191
TABLE 118 CRANK GEAR: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 191
TABLE 119 CRANK GEAR: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 191
TABLE 120 CRANK GEAR: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 192
TABLE 121 EBIKE BRAKE SYSTEM MANUFACTURERS – PRODUCT OFFERINGS & HIGHLIGHTS 193
TABLE 122 BRAKE SYSTEM: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 193
TABLE 123 BRAKE SYSTEM: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 193
TABLE 124 BRAKE SYSTEM: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 194
TABLE 125 BRAKE SYSTEM: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 194
TABLE 126 EBIKE MOTOR CONTROLLER MANUFACTURERS – PRODUCT OFFERINGS & HIGHLIGHTS 195
TABLE 127 MOTOR CONTROLLER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 195
TABLE 128 MOTOR CONTROLLER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 195
TABLE 129 MOTOR CONTROLLER: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 196
TABLE 130 MOTOR CONTROLLER: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 196
TABLE 131 EBIKE MARKET: SUPPLIER ANALYSIS, BY COMPANY NAME, MODEL, AND DRIVE SYSTEM 198
TABLE 132 EBIKE MARKET, BY DRIVE SYSTEM, 2021–2024 (THOUSAND UNITS) 200
TABLE 133 EBIKE MARKET, BY DRIVE SYSTEM, 2025–2032 (THOUSAND UNITS) 200
TABLE 134 CHAIN DRIVE: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 201
TABLE 135 CHAIN DRIVE: EBIKE MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 201
TABLE 136 BELT DRIVE: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 202
TABLE 137 BELT DRIVE: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 202
TABLE 138 EBIKE MARKET, BY MODE, 2021–2024 (THOUSAND UNITS) 205
TABLE 139 EBIKE MARKET, BY MODE, 2025–2032 (THOUSAND UNITS) 205
TABLE 140 EBIKE MARKET, BY MODE, 2021–2024 (USD MILLION) 206
TABLE 141 EBIKE MARKET, BY MODE, 2025–2032 (USD MILLION) 206
TABLE 142 PEDAL-ASSIST EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 207
TABLE 143 PEDAL-ASSIST EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 207
TABLE 144 PEDAL-ASSIST EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 207
TABLE 145 PEDAL-ASSIST EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 207
TABLE 146 THROTTLE-MODE EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 208
TABLE 147 THROTTLE-MODE EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 208
TABLE 148 THROTTLE-MODE EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 209
TABLE 149 THROTTLE-MODE EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 209
TABLE 150 EBIKE MARKET, BY OWNERSHIP, 2021–2024 (THOUSAND UNITS) 211
TABLE 151 EBIKE MARKET, BY OWNERSHIP, 2025–2032 (THOUSAND UNITS) 212
TABLE 152 SHARED EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 212
TABLE 153 SHARED EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 213
TABLE 154 PERSONAL EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 213
TABLE 155 PERSONAL EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 214
TABLE 156 EBIKE MARKET, BY SPEED, 2021–2024 (THOUSAND UNITS) 216
TABLE 157 EBIKE MARKET, BY SPEED, 2025–2032 (THOUSAND UNITS) 217
TABLE 158 EBIKE MARKET, BY SPEED, 2021–2024 (USD MILLION) 217
TABLE 159 EBIKE MARKET, BY SPEED, 2025–2032 (USD MILLION) 217
TABLE 160 UP TO 25 KM/H EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 218
TABLE 161 UP TO 25 KM/H EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 218
TABLE 162 UP TO 25 KM/H EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 218
TABLE 163 UP TO 25 KM/H EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 218
TABLE 164 25-45 KM/H EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 219
TABLE 165 25-45 KM/H EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 219
TABLE 166 25-45 KM/H EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 220
TABLE 167 25-45 KM/H EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 220
TABLE 168 EBIKE MARKET, BY BATTERY CAPACITY, 2021–2024 (THOUSAND UNITS) 222
TABLE 169 EBIKE MARKET, BY BATTERY CAPACITY, 2025–2032 (THOUSAND UNITS) 223
TABLE 170 EBIKE MARKET, BY BATTERY CAPACITY, 2021–2024 (USD MILLION) 223
TABLE 171 EBIKE MARKET, BY BATTERY CAPACITY, 2025–2032 (USD MILLION) 223
TABLE 172 <250W EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 224
TABLE 173 <250W EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 225
TABLE 174 <250W EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 225
TABLE 175 <250W EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 225
TABLE 176 >250W-<450W EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 226
TABLE 177 >250W-<450W EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 227
TABLE 178 >250W-<450W EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 227
TABLE 179 >250W-<450W EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 227
TABLE 180 >450W-<650W EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 228
TABLE 181 >450W-<650W EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 229
TABLE 182 >450W-<650W EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 229
TABLE 183 >450W-<650W EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 229
TABLE 184 >650W EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 230
TABLE 185 >650W EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 231
TABLE 186 >650W EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 231
TABLE 187 >650W EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 231
TABLE 188 EBIKE MARKET: SUPPLIER ANALYSIS, BY COMPANY NAME, MODEL, AND BATTERY INTEGRATION 233
TABLE 189 EBIKE MARKET, BY TYPE OF BATTERY INTEGRATION, 2021–2024 (THOUSAND UNITS) 235
TABLE 190 EBIKE MARKET, BY TYPE OF BATTERY INTEGRATION, 2024–2030 (THOUSAND UNITS) 235
TABLE 191 INTEGRATED BATTERIES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 236
TABLE 192 INTEGRATED BATTERIES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 237
TABLE 193 EXTERNAL BATTERIES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 237
TABLE 194 EXTERNAL BATTERIES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 238
TABLE 195 EBIKE MARKET, BY BATTERY TYPE, 2021–2024 (THOUSAND UNITS) 240
TABLE 196 EBIKE MARKET, BY BATTERY TYPE, 2025–2032 (THOUSAND UNITS) 241
TABLE 197 EBIKE MARKET, BY BATTERY TYPE, 2021–2024 (USD MILLION) 241
TABLE 198 EBIKE MARKET, BY BATTERY TYPE, 2025–2032 (USD MILLION) 241
TABLE 199 LITHIUM-ION: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 242
TABLE 200 LITHIUM-ION: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 243
TABLE 201 LITHIUM-ION: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 243
TABLE 202 LITHIUM-ION: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 243
TABLE 203 LITHIUM-ION POLYMER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 244
TABLE 204 LITHIUM-ION POLYMER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 244
TABLE 205 LITHIUM-ION POLYMER: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 244
TABLE 206 LITHIUM-ION POLYMER: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 245
TABLE 207 LEAD-ACID: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 245
TABLE 208 LEAD-ACID: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 246
TABLE 209 LEAD-ACID: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 246
TABLE 210 LEAD-ACID: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 246
TABLE 211 OTHER BATTERY TYPES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 247
TABLE 212 OTHER BATTERY TYPES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 247
TABLE 213 OTHER BATTERY TYPES: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 247
TABLE 214 OTHER BATTERY TYPES: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 248
TABLE 215 EBIKE MARKET: SUPPLIER ANALYSIS, BY COMPANY NAME, MODEL, AND BATTERY VOLTAGE 250
TABLE 216 EBIKE MARKET, BY BATTERY VOLTAGE, 2021–2024 (THOUSAND UNITS) 252
TABLE 217 EBIKE MARKET, BY BATTERY VOLTAGE, 2025–2032 (THOUSAND UNITS) 252
TABLE 218 LESS THAN 39V BATTERIES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 253
TABLE 219 LESS THAN 39V BATTERIES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 254
TABLE 220 39V TO 45V BATTERIES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 255
TABLE 221 39V TO 45V BATTERIES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 255
TABLE 222 45V TO 51V BATTERIES: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 256
TABLE 223 45V TO 51V BATTERIES: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 257
TABLE 224 EBIKE MARKET: SUPPLIER ANALYSIS, BY COMPANY NAME, MODEL, AND POWER (NM) 259
TABLE 225 TORQUE LEVELS BY EBIKE TYPE & OEM MOTOR OFFERINGS 261
TABLE 226 EBIKE MARKET, BY MOTOR POWER, 2021–2024 (THOUSAND UNITS) 262
TABLE 227 EBIKE MARKET, BY MOTOR POWER, 2025–2032 (THOUSAND UNITS) 262
TABLE 228 EBIKE MARKET, BY MOTOR POWER, 2021–2024 (USD MILLION) 262
TABLE 229 EBIKE MARKET, BY MOTOR POWER, 2025–2032 (USD MILLION) 263
TABLE 230 <40 NM: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 263
TABLE 231 <40 NM: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 264
TABLE 232 <40 NM: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 264
TABLE 233 <40 NM: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 264
TABLE 234 >40–<70 NM: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 265
TABLE 235 >40–<70 NM: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 265
TABLE 236 >40–<70 NM: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 265
TABLE 237 >40–<70 NM: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 266
TABLE 238 >70 NM: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 266
TABLE 239 >70 NM: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 267
TABLE 240 >70 NM: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 267
TABLE 241 >70 NM: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 267
TABLE 242 E-BIKE MOTORS, BY COMPANY NAME AND MOTOR WEIGHT (KG) 270
TABLE 243 EBIKE MARKET, BY MOTOR WEIGHT, 2021–2024 (THOUSAND UNITS) 271
TABLE 244 EBIKE MARKET, BY MOTOR WEIGHT, 2025–2032 (THOUSAND UNITS) 272
TABLE 245 EBIKE MARKET, BY MOTOR WEIGHT, 2021–2024 (USD MILLION) 272
TABLE 246 EBIKE MARKET, BY MOTOR WEIGHT, 2025–2032 (USD MILLION) 272
TABLE 247 < 2 KG MOTOR EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 273
TABLE 248 < 2 KG MOTOR EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 273
TABLE 249 < 2 KG MOTOR EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 273
TABLE 250 < 2 KG MOTOR EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 274
TABLE 251 > 2 KG−< 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 274
TABLE 252 > 2 KG−< 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 275
TABLE 253 > 2 KG−< 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 275
TABLE 254 > 2 KG−< 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 275
TABLE 255 > 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 276
TABLE 256 > 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 276
TABLE 257 > 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 276
TABLE 258 > 2.4 KG MOTOR EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 277
TABLE 259 EBIKE MARKET SUPPLIER ANALYSIS, BY COMPANY NAME, MODEL, AND MOTOR POWER 279
TABLE 260 EBIKE MARKET, BY MOTOR POWER (WATT), 2021–2024 (THOUSAND UNITS) 281
TABLE 261 EBIKE MARKET, BY MOTOR POWER (WATT), 2025–2032 (THOUSAND UNITS) 281
TABLE 262 <250W MOTOR POWER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 282
TABLE 263 <250W MOTOR POWER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 282
TABLE 264 251–350W MOTOR POWER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 283
TABLE 265 251–350W MOTOR POWER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 284
TABLE 266 351–500W MOTOR POWER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 285
TABLE 267 351–500W MOTOR POWER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 285
TABLE 268 501–600W MOTOR POWER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 286
TABLE 269 501–600W MOTOR POWER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 286
TABLE 270 >600W MOTOR POWER: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 287
TABLE 271 >600W MOTOR POWER: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 287
TABLE 272 EBIKE MARKET, BY MOTOR TYPE, 2021–2024 (THOUSAND UNITS) 289
TABLE 273 EBIKE MARKET, BY MOTOR TYPE, 2025–2032 (THOUSAND UNITS) 290
TABLE 274 EBIKE MARKET, BY MOTOR TYPE, 2021–2024 (USD MILLION) 290
TABLE 275 EBIKE MARKET, BY MOTOR TYPE, 2025–2032 (USD MILLION) 290
TABLE 276 HUB MOTOR: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 291
TABLE 277 HUB MOTOR: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 291
TABLE 278 HUB MOTOR: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 291
TABLE 279 HUB MOTOR: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 291
TABLE 280 MID MOTOR: EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 292
TABLE 281 MID MOTOR: EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 293
TABLE 282 MID MOTOR: EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 293
TABLE 283 MID MOTOR: EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 293
TABLE 284 EBIKE MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 297
TABLE 285 EBIKE MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 297
TABLE 286 EBIKE MARKET, BY REGION, 2021–2024 (USD MILLION) 298
TABLE 287 EBIKE MARKET, BY REGION, 2025–2032 (USD MILLION) 298
TABLE 288 EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 298
TABLE 289 EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 299
TABLE 290 EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 299
TABLE 291 EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 299
TABLE 292 EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 299
TABLE 293 EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 300
TABLE 294 EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 300
TABLE 295 EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 300
TABLE 296 ASIA OCEANIA: COUNTRY LEVEL EBIKE OEM MANUFACTURING PLANT 305
TABLE 297 ASIA OCEANIA: EBIKE MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS) 305
TABLE 298 ASIA OCEANIA: EBIKE MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS) 306
TABLE 299 ASIA OCEANIA: EBIKE MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 306
TABLE 300 ASIA OCEANIA: EBIKE MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 306
TABLE 301 ASIA OCEANIA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 307
TABLE 302 ASIA OCEANIA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 307
TABLE 303 ASIA OCEANIA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 307
TABLE 304 ASIA OCEANIA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 308
TABLE 305 ASIA OCEANIA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 308
TABLE 306 ASIA OCEANIA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 308
TABLE 307 ASIA OCEANIA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 308
TABLE 308 ASIA OCEANIA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 309
TABLE 309 CHINA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 310
TABLE 310 CHINA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 310
TABLE 311 CHINA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 310
TABLE 312 CHINA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 311
TABLE 313 CHINA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 311
TABLE 314 CHINA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 311
TABLE 315 CHINA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 311
TABLE 316 CHINA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 312
TABLE 317 JAPAN: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 312
TABLE 318 JAPAN: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 313
TABLE 319 JAPAN: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 313
TABLE 320 JAPAN: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 313
TABLE 321 JAPAN: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 313
TABLE 322 JAPAN: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 314
TABLE 323 JAPAN: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 314
TABLE 324 JAPAN: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 314
TABLE 325 INDIA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 315
TABLE 326 INDIA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 315
TABLE 327 INDIA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 316
TABLE 328 INDIA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 316
TABLE 329 INDIA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 316
TABLE 330 INDIA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 316
TABLE 331 INDIA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 317
TABLE 332 INDIA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 317
TABLE 333 SOUTH KOREA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 318
TABLE 334 SOUTH KOREA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 318
TABLE 335 SOUTH KOREA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 318
TABLE 336 SOUTH KOREA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 318
TABLE 337 SOUTH KOREA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 319
TABLE 338 SOUTH KOREA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 319
TABLE 339 SOUTH KOREA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 319
TABLE 340 SOUTH KOREA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 319
TABLE 341 TAIWAN: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 320
TABLE 342 TAIWAN: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 320
TABLE 343 TAIWAN: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 321
TABLE 344 TAIWAN: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 321
TABLE 345 TAIWAN: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 321
TABLE 346 TAIWAN: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 321
TABLE 347 TAIWAN: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 322
TABLE 348 TAIWAN: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 322
TABLE 349 AUSTRALIA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 323
TABLE 350 AUSTRALIA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 323
TABLE 351 AUSTRALIA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 323
TABLE 352 AUSTRALIA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 323
TABLE 353 AUSTRALIA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 324
TABLE 354 AUSTRALIA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 324
TABLE 355 AUSTRALIA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 324
TABLE 356 AUSTRALIA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 324
TABLE 357 NORTH AMERICA: COUNTRY-LEVEL EBIKE OEM MANUFACTURING PLANT 328
TABLE 358 NORTH AMERICA: EBIKE MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS) 329
TABLE 359 NORTH AMERICA: EBIKE MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS) 329
TABLE 360 NORTH AMERICA: EBIKE MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 329
TABLE 361 NORTH AMERICA: EBIKE MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 329
TABLE 362 NORTH AMERICA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 330
TABLE 363 NORTH AMERICA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 330
TABLE 364 NORTH AMERICA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 330
TABLE 365 NORTH AMERICA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 330
TABLE 366 NORTH AMERICA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 331
TABLE 367 NORTH AMERICA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 331
TABLE 368 NORTH AMERICA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 331
TABLE 369 NORTH AMERICA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 331
TABLE 370 US: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 332
TABLE 371 US: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 332
TABLE 372 US: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 333
TABLE 373 US: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 333
TABLE 374 US: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 333
TABLE 375 US: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 333
TABLE 376 US: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 334
TABLE 377 US: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 334
TABLE 378 CANADA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 335
TABLE 379 CANADA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 335
TABLE 380 CANADA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 335
TABLE 381 CANADA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 335
TABLE 382 CANADA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 336
TABLE 383 CANADA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 336
TABLE 384 CANADA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 336
TABLE 385 CANADA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 336
TABLE 386 EUROPE: COUNTRY-LEVEL EBIKE OEM MANUFACTURING PLANT 341
TABLE 387 EUROPE: EBIKE MARKET, BY COUNTRY, 2021–2024 (THOUSAND UNITS) 342
TABLE 388 EUROPE: EBIKE MARKET, BY COUNTRY, 2025–2032 (THOUSAND UNITS) 343
TABLE 389 EUROPE: EBIKE MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 343
TABLE 390 EUROPE: EBIKE MARKET, BY COUNTRY, 2025–2032 (USD MILLION) 344
TABLE 391 EUROPE: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 344
TABLE 392 EUROPE: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 344
TABLE 393 EUROPE: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 345
TABLE 394 EUROPE: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 345
TABLE 395 EUROPE: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 345
TABLE 396 EUROPE: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 345
TABLE 397 EUROPE: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 346
TABLE 398 EUROPE: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 346
TABLE 399 GERMANY: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 347
TABLE 400 GERMANY: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 347
TABLE 401 GERMANY: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 347
TABLE 402 GERMANY: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 347
TABLE 403 GERMANY: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 348
TABLE 404 GERMANY: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 348
TABLE 405 GERMANY: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 348
TABLE 406 GERMANY: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 348
TABLE 407 NETHERLANDS: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 349
TABLE 408 NETHERLANDS: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 349
TABLE 409 NETHERLANDS: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 350
TABLE 410 NETHERLANDS: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 350
TABLE 411 NETHERLANDS: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 350
TABLE 412 NETHERLANDS: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 350
TABLE 413 NETHERLANDS: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 351
TABLE 414 NETHERLANDS: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 351
TABLE 415 FRANCE: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 352
TABLE 416 FRANCE: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 352
TABLE 417 FRANCE: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 352
TABLE 418 FRANCE: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 352
TABLE 419 FRANCE: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 353
TABLE 420 FRANCE: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 353
TABLE 421 FRANCE: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 353
TABLE 422 FRANCE: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 353
TABLE 423 UK: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 354
TABLE 424 UK: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 354
TABLE 425 UK: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 355
TABLE 426 UK: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 355
TABLE 427 UK: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 355
TABLE 428 UK: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 355
TABLE 429 UK: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 356
TABLE 430 UK: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 356
TABLE 431 AUSTRIA: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 357
TABLE 432 AUSTRIA: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 357
TABLE 433 AUSTRIA: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 357
TABLE 434 AUSTRIA: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 357
TABLE 435 AUSTRIA: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 358
TABLE 436 AUSTRIA: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 358
TABLE 437 AUSTRIA: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 358
TABLE 438 AUSTRIA: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 358
TABLE 439 ITALY: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 359
TABLE 440 ITALY: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 359
TABLE 441 ITALY: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 360
TABLE 442 ITALY: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 360
TABLE 443 ITALY: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 360
TABLE 444 ITALY: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 360
TABLE 445 ITALY: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 361
TABLE 446 ITALY: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 361
TABLE 447 BELGIUM: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 362
TABLE 448 BELGIUM: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 362
TABLE 449 BELGIUM: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 362
TABLE 450 BELGIUM: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 362
TABLE 451 BELGIUM EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 363
TABLE 452 BELGIUM: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 363
TABLE 453 BELGIUM: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 363
TABLE 454 BELGIUM: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 363
TABLE 455 SPAIN: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 364
TABLE 456 SPAIN: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 364
TABLE 457 SPAIN: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 364
TABLE 458 SPAIN: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 365
TABLE 459 SPAIN: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 365
TABLE 460 SPAIN: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 365
TABLE 461 SPAIN: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 365
TABLE 462 SPAIN: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 366
TABLE 463 SWITZERLAND: EBIKE MARKET, BY USAGE, 2021–2024 (THOUSAND UNITS) 367
TABLE 464 SWITZERLAND: EBIKE MARKET, BY USAGE, 2025–2032 (THOUSAND UNITS) 367
TABLE 465 SWITZERLAND: EBIKE MARKET, BY USAGE, 2021–2024 (USD MILLION) 367
TABLE 466 SWITZERLAND: EBIKE MARKET, BY USAGE, 2025–2032 (USD MILLION) 367
TABLE 467 SWITZERLAND: EBIKE MARKET, BY CLASS, 2021–2024 (THOUSAND UNITS) 368
TABLE 468 SWITZERLAND: EBIKE MARKET, BY CLASS, 2025–2032 (THOUSAND UNITS) 368
TABLE 469 SWITZERLAND: EBIKE MARKET, BY CLASS, 2021–2024 (USD MILLION) 368
TABLE 470 SWITZERLAND: EBIKE MARKET, BY CLASS, 2025–2032 (USD MILLION) 368
TABLE 471 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025 370
TABLE 472 OEM-LEVEL EBIKE MARKET SHARE ANALYSIS, 2023–2024 376
TABLE 473 LIST OF PLAYERS WITH GRAVEL EBIKE PRODUCT OFFERINGS 380
TABLE 474 LIST OF PLAYERS WITH KIDS’ EBIKE PRODUCT OFFERINGS 381
TABLE 475 MOTOR SUPPLIERS TO KEY OEMS 383
TABLE 476 INVERTER SUPPLIERS TO KEY OEMS 384
TABLE 477 BATTERY AND BATTERY MANAGEMENT SYSTEM SUPPLIERS TO KEY OEMS 384
TABLE 478 COMPONENT AS A PACKAGE TO OEMS 386
TABLE 479 EBIKE MARKET: SPEED FOOTPRINT, 2024 401
TABLE 480 EBIKE MARKET: USAGE FOOTPRINT, 2024 402
TABLE 481 EBIKE MARKET: REGION FOOTPRINT, 2024 403
TABLE 482 EBIKE COMPONENT SUPPLIERS: MOTOR TYPE FOOTPRINT, 2024 407
TABLE 483 EBIKE COMPONENT SUPPLIERS: PRODUCT FOOTPRINT, 2024 408
TABLE 484 EBIKE COMPONENT SUPPLIERS: REGION FOOTPRINT, 2024 409
TABLE 485 EBIKE MARKET: LIST OF KEY STARTUPS/SMES 412
TABLE 486 EBIKE MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 413
TABLE 487 EBIKE MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, APRIL 2022−JUNE 2025 413
TABLE 488 EBIKE MARKET: DEALS, APRIL 2022–JUNE 2025 415
TABLE 489 EBIKE MARKET: EXPANSIONS, APRIL 2022–JULY 2025 417
TABLE 490 EBIKE MARKET: OTHER DEVELOPMENTS, AUGUST 2023–MARCH 2025 419
TABLE 491 GIANT BICYCLES: PRODUCTS OFFERED 424
TABLE 492 GIANT BICYCLES: PRODUCT LAUNCHES 426
TABLE 493 GIANT BICYCLES: DEALS 426
TABLE 494 GIANT BICYCLES: EXPANSIONS 426
TABLE 495 GIANT BICYCLES: OTHER DEVELOPMENTS 427
TABLE 496 ACCELL GROUP N.V.: COMPANY OVERVIEW 428
TABLE 497 ACCELL GROUP N.V.: PRODUCTS OFFERED 429
TABLE 498 ACCELL GROUP N.V.: PRODUCT LAUNCHES 430
TABLE 499 ACCELL GROUP N.V.: DEALS 431
TABLE 500 ACCELL GROUP N.V.: EXPANSIONS 431
TABLE 501 ACCELL GROUP N.V.: OTHER DEVELOPMENTS 432
TABLE 502 YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW 434
TABLE 503 YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCTS OFFERED 435
TABLE 504 YADEA TECHNOLOGY GROUP CO., LTD.: PRODUCT LAUNCHES 436
TABLE 505 YADEA TECHNOLOGY GROUP CO., LTD.: EXPANSIONS 437
TABLE 506 YAMAHA MOTOR CO., LTD.: COMPANY OVERVIEW 439
TABLE 507 YAMAHA MOTOR CO., LTD.: PRODUCTS OFFERED 440
TABLE 508 YAMAHA MOTOR CO., LTD.: PRODUCT LAUNCHES 441
TABLE 509 YAMAHA MOTOR CO., LTD.: DEALS 442
TABLE 510 YAMAHA MOTOR CO., LTD.: EXPANSIONS 443
TABLE 511 PEDEGO: COMPANY OVERVIEW 444
TABLE 512 PEDEGO: PRODUCTS OFFERED 444
TABLE 513 PEDEGO: PRODUCT LAUNCHES 446
TABLE 514 PEDEGO: DEALS 446
TABLE 515 PEDEGO: EXPANSIONS 447
TABLE 516 PON.BIKE: COMPANY OVERVIEW 450
TABLE 517 PON.BIKE: PRODUCTS OFFERED 450
TABLE 518 PON.BIKE: DEALS 452
TABLE 519 PON.BIKE: OTHER DEVELOPMENTS 452
TABLE 520 AIMA TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW 453
TABLE 521 AIMA TECHNOLOGY GROUP CO., LTD.: PRODUCTS OFFERED 454
TABLE 522 AIMA TECHNOLOGY GROUP CO., LTD.: PRODUCT LAUNCHES 455
TABLE 523 AIMA TECHNOLOGY GROUP CO., LTD.: DEALS 455
TABLE 524 MERIDA INDUSTRY CO. LTD.: COMPANY OVERVIEW 456
TABLE 525 MERIDA INDUSTRY CO. LTD.: PRODUCTS OFFERED 457
TABLE 526 MERIDA INDUSTRY CO. LTD.: PRODUCT LAUNCHES 458
TABLE 527 MERIDA INDUSTRY CO. LTD.: DEALS 458
TABLE 528 TREK BICYCLE CORPORATION: COMPANY OVERVIEW 459
TABLE 529 TREK BICYCLE CORPORATION: PRODUCTS OFFERED 459
TABLE 530 TREK BICYCLE CORPORATION: PRODUCT LAUNCHES 460
TABLE 531 TREK BICYCLE CORPORATION: DEALS 461
TABLE 532 SPECIALIZED BICYCLE COMPONENTS, INC.: COMPANY OVERVIEW 462
TABLE 533 SPECIALIZED BICYCLE COMPONENTS, INC.: PRODUCTS OFFERED 462
TABLE 534 SPECIALIZED BICYCLE COMPONENTS, INC.: DEALS 463
TABLE 535 ROBERT BOSCH GMBH: COMPANY OVERVIEW 464
TABLE 536 ROBERT BOSCH GMBH: PRODUCTS OFFERED 465
TABLE 537 ROBERT BOSCH GMBH: PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS 466
TABLE 538 ROBERT BOSCH GMBH: DEALS 469
TABLE 539 SAMSUNG SDI CO. LTD.: COMPANY OVERVIEW 470
TABLE 540 SAMSUNG SDI CO. LTD.: PRODUCTS OFFERED 471
TABLE 541 SAMSUNG SDI CO. LTD.: PRODUCT LAUNCHES 471
TABLE 542 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW 472
TABLE 543 PANASONIC HOLDINGS CORPORATION: PRODUCTS OFFERED 473
TABLE 544 PANASONIC HOLDINGS CORPORATION: DEALS 474
TABLE 545 BAFANG ELECTRIC (SUZHOU) CO., LTD.: COMPANY OVERVIEW 475
TABLE 546 BAFANG ELECTRIC (SUZHOU) CO., LTD.: PRODUCTS OFFERED 475
TABLE 547 BAFANG ELECTRIC (SUZHOU) CO., LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 476
TABLE 548 BAFANG ELECTRIC (SUZHOU) CO., LTD.: DEALS 477
TABLE 549 BAFANG ELECTRIC (SUZHOU) CO., LTD.: EXPANSIONS 477
TABLE 550 BROSE FAHRZEUGTEILE: COMPANY OVERVIEW 479
TABLE 551 BROSE FAHRZEUGTEILE: PRODUCTS OFFERED 479
TABLE 552 BROSE FAHRZEUGTEILE: PRODUCT ENHANCEMENTS 480
TABLE 553 BROSE FAHRZEUGTEILE: DEALS 480
TABLE 554 BROSE FAHRZEUGTEILE: OTHER DEVELOPMENTS 481
TABLE 555 SHIMANO INC.: COMPANY OVERVIEW 482
TABLE 556 SHIMANO INC.: PRODUCTS OFFERED 483
TABLE 557 SHIMANO INC.: PRODUCT LAUNCHES 484
TABLE 558 JOHNSON MATTHEY: COMPANY OVERVIEW 485
TABLE 559 JOHNSON MATTHEY: PRODUCTS OFFERED 486
TABLE 560 JOHNSON MATTHEY: DEALS 487
TABLE 561 PROMOVEC A/S: COMPANY OVERVIEW 488
TABLE 562 PROMOVEC A/S: PRODUCTS OFFERED 488
TABLE 563 PROMOVEC A/S : DEALS 489
TABLE 564 BMZ GROUP: COMPANY OVERVIEW 490
TABLE 565 BMZ GROUP: PRODUCTS OFFERED 490
TABLE 566 BMZ GROUP: DEALS 491
TABLE 567 BMZ GROUP: EXPANSIONS 492
TABLE 568 WUXI TRUCKRUN MOTOR CO., LTD: COMPANY OVERVIEW 493
TABLE 569 WUXI TRUCKRUN MOTOR CO., LTD: PRODUCTS OFFERED 493
TABLE 570 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD.: COMPANY OVERVIEW 495
TABLE 571 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD.: PRODUCTS OFFERED 495
TABLE 572 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD.: PRODUCT LAUNCHES 496
TABLE 573 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD.: DEALS 498
TABLE 574 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD.: EXPANSIONS 498
TABLE 575 ANANDA DRIVE TECHNIQUES (SHANGHAI) CO., LTD.: OTHER DEVELOPMENTS 499
TABLE 576 MAHLE GMBH: COMPANY OVERVIEW 500
TABLE 577 MAHLE GMBH: PRODUCTS OFFERED 501
TABLE 578 MAHLE GMBH: PRODUCT LAUNCHES/DEVELOPMENTS 502
TABLE 579 MAHLE GMBH: DEALS 503
TABLE 580 MAHLE GMBH: OTHER DEVELOPMENTS 503
TABLE 581 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW 504
TABLE 582 ZF FRIEDRICHSHAFEN AG: PRODUCTS OFFERED 505
TABLE 583 ZF FRIEDRICHSHAFEN AG: PRODUCT LAUNCHES/DEVELOPMENTS 506
TABLE 584 SRAM LLC: COMPANY OVERVIEW 507
TABLE 585 SRAM LLC: PRODUCTS OFFERED 507
TABLE 586 SRAM LLC: DEALS 508
TABLE 587 TQ GROUP: COMPANY OVERVIEW 509
TABLE 588 TQ GROUP: PRODUCTS OFFERED 510
TABLE 589 TQ GROUP: PRODUCT LAUNCHES 510
TABLE 590 HERO LECTRO E-CYCLES: COMPANY OVERVIEW 511
TABLE 591 CUBE: COMPANY OVERVIEW 512
TABLE 592 FUJI-TA BICYCLE CO., LTD.: COMPANY OVERVIEW 513
TABLE 593 ELECTRIC BIKE COMPANY: COMPANY OVERVIEW 514
TABLE 594 RAD POWER BIKES LLC: COMPANY OVERVIEW 515
TABLE 595 VANMOOF: COMPANY OVERVIEW 516
TABLE 596 BH BIKES: COMPANY OVERVIEW 517
TABLE 597 BROMPTON BICYCLE LIMITED: COMPANY OVERVIEW 518
TABLE 598 RIESE & MÜLLER GMBH: COMPANY OVERVIEW 519
TABLE 599 MYSTROMER AG: COMPANY OVERVIEW 520
TABLE 600 COWBOY: COMPANY OVERVIEW 521
LIST OF FIGURES
FIGURE 1 EBIKE MARKET SEGMENTATION 44
FIGURE 2 EBIKE MARKET: RESEARCH DESIGN 48
FIGURE 3 RESEARCH METHODOLOGY MODEL 49
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 52
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 54
FIGURE 6 EBIKE MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH, BY REGION AND CLASS 55
FIGURE 7 EBIKE MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH, BY REGION AND USAGE 55
FIGURE 8 EBIKE MARKET SIZE ESTIMATION: TOP-DOWN APPROACH, BY BATTERY TYPE 56
FIGURE 9 EBIKE MARKET SIZE ESTIMATION: TOP-DOWN APPROACH, BY MOTOR TYPE 57
FIGURE 10 DATA TRIANGULATION 58
FIGURE 11 EBIKE MARKET, BY REGION, 2025 VS. 2032 (USD MILLION) 65
FIGURE 12 EBIKE MARKET, BY USAGE, 2025 VS. 2032 (USD MILLION) 66
FIGURE 13 INCREASING ADOPTION OF EBIKES FOR DAILY COMMUTE, RECREATION, AND FITNESS ACTIVITIES TO DRIVE MARKET 68
FIGURE 14 PEDAL ASSIST MODE TO ACCOUNT FOR DOMINANT MARKET SHARE IN 2025 69
FIGURE 15 MID MOTOR SEGMENT TO GROW AT HIGHER CAGR THAN HUB MOTOR SEGMENT DURING FORECAST PERIOD 69
FIGURE 16 CLASS I SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025 70
FIGURE 17 CITY/URBAN TO BE LARGEST USAGE SEGMENT BY 2032 70
FIGURE 18 LITHIUM-ION SEGMENT TO LEAD EBIKE MARKET DURING FORECAST PERIOD 71
FIGURE 19 UP TO 25 KM/H SEGMENT TO DOMINATE EBIKE MARKET IN 2025 71
FIGURE 20 PERSONAL SEGMENT TO DOMINATE EBIKE MARKET IN 2025 72
FIGURE 21 BATTERY SEGMENT TO LEAD EBIKE MARKET DURING FORECAST PERIOD 72
FIGURE 22 >2.4 KG SEGMENT TO DOMINATE EBIKE MARKET IN 2025 73
FIGURE 23 > 250W−< 450W SEGMENT TO LEAD EBIKE MARKET DURING FORECAST PERIOD 73
FIGURE 24 >40–<70 NM MOTOR POWER SEGMENT TO LEAD EBIKE MARKET DURING FORECAST PERIOD 74
FIGURE 25 <250W TO BE LARGEST SEGMENT DURING FORECAST PERIOD 74
FIGURE 26 >45 TO <51V BATTERY VOLTAGE TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 75
FIGURE 27 INTEGRATED TO BE DOMINANT BATTERY INTEGRATION SEGMENT DURING FORECAST PERIOD 75
FIGURE 28 CHAIN DRIVE TO BE DOMINANT DRIVE SYSTEM DURING FORECAST PERIOD 76
FIGURE 29 ASIA OCEANIA TO ACCOUNT FOR LARGEST SHARE OF EBIKE MARKET IN 2025 76
FIGURE 30 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN EBIKE MARKET 78
FIGURE 31 EBIKE CO2 EMISSIONS COMPARED TO OTHER TRANSPORTATION MODES
(G/KM), 2025 79
FIGURE 32 BATTERY TECHNOLOGY DEVELOPMENT AND ITS IMPACT ON ENVIRONMENT 89
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 EBIKE TYPES 92
FIGURE 34 SUPPLY CHAIN ANALYSIS OF EBIKE MARKET 97
FIGURE 35 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS IN EBIKE MARKET 98
FIGURE 36 EBIKE MARKET: ECOSYSTEM ANALYSIS 99
FIGURE 37 KEY PLAYERS IN ECOSYSTEM 100
FIGURE 38 NUMBER OF PATENTS GRANTED FOR EBIKES, JANUARY 2014–JULY 2025 112
FIGURE 39 OEM ANALYSIS: EBIKE COMPONENT SUPPLIERS X MOTOR POWER 143
FIGURE 40 OEM X BREATH OF THE PRODUCT OFFERED 144
FIGURE 41 OEM ANALYSIS: EBIKE OEM X MOTOR TYPE 145
FIGURE 42 OEM ANALYSIS: EBIKE OEM X BATTERY VOLTAGE 145
FIGURE 43 EMTB: DISTANCE VS. RIDING TIME 146
FIGURE 44 EBIKE: DISTANCE VS. SYSTEM WEIGHT 147
FIGURE 45 INVESTMENT SCENARIO, 2022−2025 148
FIGURE 46 EBIKE MARKET: BILL OF MATERIALS 150
FIGURE 47 EBIKE MARKET: COST BREAKDOWN 152
FIGURE 48 EBIKE MARKET, BY USAGE, 2025 VS. 2032 (USD MILLION) 158
FIGURE 49 MOUNTAIN/TREKKING EBIKE MARKET INSIGHTS 160
FIGURE 50 CITY/URBAN EBIKE MARKET INSIGHTS 162
FIGURE 51 CARGO EBIKE MARKET INSIGHTS 165
FIGURE 52 OTHER EBIKE USAGES MARKET INSIGHTS 167
FIGURE 53 EBIKE MARKET, BY CLASS, 2025 VS. 2032 (USD MILLION) 170
FIGURE 54 EBIKE MARKET, BY COMPONENT, 2025 VS. 2032 (USD MILLION) 180
FIGURE 55 EBIKE MARKET, BY DRIVE SYSTEM, 2025 VS. 2032 (THOUSAND UNITS) 200
FIGURE 56 PRIMARY INSIGHTS 203
FIGURE 57 EBIKE MARKET, BY MODE, 2025 VS. 2032 (USD MILLION) 205
FIGURE 58 EBIKE MARKET, BY OWNERSHIP, 2025 VS. 2032 (THOUSAND UNITS) 211
FIGURE 59 EBIKE MARKET, BY SPEED, 2025 VS. 2032 (USD MILLION) 216
FIGURE 60 EBIKE MARKET, BY BATTERY CAPACITY, 2025 VS. 2032 (USD MILLION) 222
FIGURE 61 <250W EBIKE MARKET INSIGHTS 224
FIGURE 62 >250W−<450W EBIKE MARKET INSIGHTS 226
FIGURE 63 >450W−<650W EBIKE MARKET INSIGHTS 228
FIGURE 64 >650W EBIKE MARKET INSIGHTS 230
FIGURE 65 EBIKE MARKET, BY BATTERY INTEGRATION, 2025 VS. 2032 (THOUSAND UNITS) 235
FIGURE 66 PRIMARY INSIGHTS 238
FIGURE 67 EBIKE MARKET, BY BATTERY TYPE, 2025 VS. 2032 (USD MILLION) 240
FIGURE 68 EBIKE MARKET, BY BATTERY VOLTAGE, 2025 VS. 2032 (THOUSAND UNITS) 252
FIGURE 69 LESS THAN 39V BATTERIES: EBIKE MARKET INSIGHTS 253
FIGURE 70 39V TO 45V BATTERIES: EBIKE MARKET INSIGHTS 255
FIGURE 71 45V TO 51V BATTERIES: EBIKE MARKET INSIGHTS 256
FIGURE 72 PRIMARY INSIGHTS 257
FIGURE 73 EBIKE MARKET, BY MOTOR POWER, 2025 VS. 2032 (USD MILLION) 262
FIGURE 74 PRIMARY INSIGHTS 268
FIGURE 75 EBIKE MARKET, BY MOTOR WEIGHT, 2025 VS. 2032 (USD MILLION) 271
FIGURE 76 PRIMARY INSIGHTS 277
FIGURE 77 EBIKE MARKET, BY MOTOR POWER (WATT), 2025 VS. 2032 (THOUSAND UNITS) 281
FIGURE 78 <250W MOTOR POWER: EBIKE MARKET INSIGHTS 282
FIGURE 79 251–350W MOTOR POWER: EBIKE MARKET INSIGHTS 283
FIGURE 80 351–500W MOTOR POWER: EBIKE MARKET INSIGHTS 284
FIGURE 81 501–600W MOTOR POWER: EBIKE MARKET INSIGHTS 285
FIGURE 82 >600W MOTOR POWER: EBIKE MARKET INSIGHTS 287
FIGURE 83 PRIMARY INSIGHTS 287
FIGURE 84 EBIKE MARKET, BY MOTOR TYPE, 2025 VS. 2032 (USD MILLION) 289
FIGURE 85 EBIKE MARKET, BY REGION, 2025 VS. 2032 (USD MILLION) 297
FIGURE 86 ASIA OCEANIA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 302
FIGURE 87 ASIA OCEANIA: GDP PER CAPITA, BY COUNTRY, 2024–2026 302
FIGURE 88 ASIA OCEANIA: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024–2026 303
FIGURE 89 ASIA OCEANIA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024 303
FIGURE 90 ASIA OCEANIA: EBIKE MARKET SNAPSHOT 304
FIGURE 91 NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 326
FIGURE 92 NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026 326
FIGURE 93 NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2024–2026 327
FIGURE 94 NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024 327
FIGURE 95 NORTH AMERICA: EBIKE MARKET SNAPSHOT 328
FIGURE 96 EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 338
FIGURE 97 EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026 338
FIGURE 98 EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY,
2024–2026 339
FIGURE 99 EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2024 339
FIGURE 100 EUROPE: EBIKE MARKET SNAPSHOT 341
FIGURE 101 EBIKE MARKET SHARE ANALYSIS, 2024 372
FIGURE 102 NORTH AMERICA: EBIKE MARKET SHARE ANALYSIS, 2024 373
FIGURE 103 EUROPE: EBIKE MARKET SHARE ANALYSIS, 2024 374
FIGURE 104 ASIA OCEANIA: EBIKE MARKET SHARE ANALYSIS, 2024 374
FIGURE 105 EBIKE DISPLAY MARKET SHARE ANALYSIS, 2024 375
FIGURE 106 EBIKE BATTERY MARKET SHARE ANALYSIS, 2024 376
FIGURE 107 EBIKE DRIVE UNIT MARKET SHARE ANALYSIS FOR KEY PLAYERS, 2023–2024 377
FIGURE 108 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021–2024 397
FIGURE 109 COMPANY EVALUATION MATRIX (EBIKE MANUFACTURERS), 2024 399
FIGURE 110 EBIKE MARKET: COMPANY FOOTPRINT, 2024 400
FIGURE 111 COMPANY EVALUATION MATRIX (EBIKE COMPONENT SUPPLIERS), 2024 405
FIGURE 112 EBIKE MARKET: COMPANY FOOTPRINT (EBIKE COMPONENT SUPPLIERS), 2024 406
FIGURE 113 EBIKE MARKET: STARTUP/SME EVALUATION MATRIX, 2024 411
FIGURE 114 BRAND COMPARISON 421
FIGURE 115 COMPANY VALUATION, 2025 (USD BILLION) 422
FIGURE 116 COMPANY FINANCIAL METRICS, 2025 (USD BILLION) 422
FIGURE 117 GIANT BICYCLES: COMPANY SNAPSHOT 424
FIGURE 118 ACCELL GROUP N.V.: COMPANY SNAPSHOT 429
FIGURE 119 YADEA TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT 435
FIGURE 120 YAMAHA MOTOR CO., LTD.: COMPANY SNAPSHOT 440
FIGURE 121 AIMA TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT 454
FIGURE 122 MERIDA INDUSTRY CO. LTD.: COMPANY SNAPSHOT 457
FIGURE 123 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 465
FIGURE 124 SAMSUNG SDI CO. LTD.: COMPANY SNAPSHOT 471
FIGURE 125 PANASONIC HOLDINGS CORPORATION: COMPANY SNAPSHOT 473
FIGURE 126 SHIMANO INC.: COMPANY SNAPSHOT 483
FIGURE 127 JOHNSON MATTHEY: COMPANY SNAPSHOT 486
FIGURE 128 MAHLE GMBH: COMPANY SNAPSHOT 501
FIGURE 129 ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT 505