E-Bike Battery Market size was valued at USD 12.94 billion in 2024 and is likely to cross USD 64.85 billion by 2037, expanding at more than 13.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of E-bike battery is estimated at USD 14.39 billion.
The word 'e-bike' applies to bicycles with compact and rechargeable electric motor batteries to support the cyclist's power source. The market growth is further driven by increasing urbanization, rapid economic development, increased tourist operation, and high fuel costs. Moreover, the rising demand for e-bikes as an environmentally friendly and effective transportation option is driving the market growth.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
13.2% |
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Base Year Market Size (2024) |
USD 12.94 billion |
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Forecast Year Market Size (2037) |
USD 64.85 billion |
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Regional Scope |
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The E-bike battery market is segmented on battery type into the lead-acid battery, li-ion battery, and NiMH battery, out of which the lead-acid battery segment is expected to lead the market owing to its low cost, durability, and maintenance features.
Our in-depth analysis of the global market includes the following segments:
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By Battery Type |
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By Application |
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Asia Pacific industry is set to account for largest revenue share by 2037, due to presence of key manufacturers in the region., due to presence of key manufacturers in the region. The region is anticipated to be the fastest-growing market due to increasing urbanization and increasing demand for regular vehicle alternatives such as e-bikes.
Author Credits: Saima Khursheed
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