Electric Bicycles: market data & analysis

The Electric Bicycles market has experienced notable growth in the past few years. With rising environmental concerns and the trend towards greener transportation, the market is expected to experience a surge in demand in the coming years.

The report covers the Electric Bicycles market which includes the number of electric bicycles sold, the average price paid per bicycle, revenue, and revenue growth in different regions around the world.

Electric bicycles, or e-bikes, have rapidly gained popularity as a transformative mode of transportation. These innovative two-wheelers seamlessly blend the convenience of traditional bicycles with electric-powered assistance, offering riders an extra boost as they pedal. E-bikes are celebrated for their ability to make commuting more accessible, especially in hilly terrains or over longer distances. In 2023, over 50% of the bicycles sold in Germany were electric showing the growing popularity of electric bicycles around the world.

We forecast that unit sales in the Electric Bicycles market will reach a compound annual growth rate (CAGR) of 14.7% between 2015 and 2029. Among the countries, China generated the highest revenue in 2023.

Market Outlook

• Overview
• Estimated market development
• Trend analysis
• Key market indicators

• Market sizes
• Sales numbers
• Electic bicycle sales share

• Methodology

Overview

• Global Electric Bicycles market revenue forecast in billion US$
• Revenue forecast in billion US$ per region
• Revenue forecast in billion US$ for Top 5 countries
• Global Electric Bicycles market sales forecast in million units
• Sales forecast in million units per region
• Sales forecast in million units for Top 5 countries
• Global Electric Bicycles market average price forecast in US$
• Average price forecast in US$ per region
• Average price forecast in US$ for Top 5 countries