Electric Bike Market Share

Regionally, the global electric bike market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2037 backed by the rising introduction of advanced technologies, significantly growing stances of traffic congestion, upsurge in carbon emission regulations, and growing urbanization in the region. For instance, in 2021, Mumbai's congestion level was accounted nearly 54%, which represents that it took 54% longer time to get from one point to another than in a free flow scenario. In comparison, the congestion level in Wellington and Singapore was reached nearly 28% in 2021.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electric bike is estimated at USD 56.15 billion.

The electric bike market size was over USD 50.57 billion in 2024 and is anticipated to cross USD 257.76 billion by the end of 2037, growing at more than 13.7% CAGR during the forecast period i.e., between 2025-2037. Worldwide increasing air pollution, expansion in motor fuel prices, upsurge in traffic congestion, and increasing urbanization will drive the market growth.

Asia Pacific industry is projected to hold the largest revenue share by 2037, backed by rising introduction of advanced technologies, significantly growing stances of traffic congestion, upsurge in carbon emission regulations, and growing urbanization in the region.

The major players in the market include Accell Group, FOCUS & Kalkhoff Holding GmbH, Giant Manufacturing Co., Ltd., Energica Motor Company S.p.A., DOUZE Factory SAS, PEDEGO INC, Robert Bosch LLC, Johammer e-mobility GmbH, Karbon Kinetics Ltd., Kawasaki Motors Corp., U.S.A.

Electric Bike Market Share