Electric Bike Market Outlook:
Electric Bike Market size was valued at USD 54.44 billion in 2025 and is set to exceed USD 145.1 billion by 2035, expanding at over 10.3% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of electric bike is estimated at USD 59.49 billion.
The expansion of urban cycling infrastructure at a rapid pace is making e-bikes more convenient and safer, thus boosting electric bike market expansion. The restructuring of parking, bike lanes, and traffic rules in various cities is supporting micro-mobility operations. Many governments and regional authorities are understanding the importance of sustainable mobility and are making significant strategic investments to regulate it. As per the report from the European Cyclists’ Federation (August 2023), the EU structural funding in the 2021–2027 period has allocated nearly USD 3.6 billion to cycling projects, which exceeds previous financial commitments by 30%. About 12,000 kilometers of cycling infrastructure is to be built using these investments. The urban cycling infrastructures are boosting e-bike adoption and are aiding in mitigating the carbon emissions created by the urban population.
The aim of urban centers to reduce congestion and carbon emissions is driving local governments to invest in the expansion of new infrastructure alongside implementing car-free zones and last-mile mobility initiatives that enhance the benefits of e-bike usage. Sustainable urban transportation initiatives encourage daily commuters to choose electric bikes as their preferred mode of transport instead of cars or public transit. E-bike innovation is benefiting from increasing infrastructure development synergies that are accelerating consumer adoption, particularly among city residents pursuing faster, environmentally-friendly commuting alternatives.
