The North America electric cargo bikes market size was valued at USD 0.61 Billion in 2025. The market is further projected to grow at a CAGR of 37.70% between 2026 and 2035, reaching a value of USD 14.95 Billion by 2035.
Base Year
Historical Period
Forecast Period
North America electric cargo bikes market growth is driven by factors such as the lower running costs, faster delivery facilitated by new technological advancements, and the increased adoption of electric cargo bikes for personal use.
In North America, the United States is recognised as a primary market with a 9.5% CAGR expected during the forecast period, supported by well-developed infrastructure, government backing, and high levels of expenditure in the e-mobility sector.
As per industry reports, the market in the USA is expected to exhibit high demand for electric cargo bikes, with rising research activities, presence of major players, and increasing investments contributing to its growth.
Compound Annual Growth Rate
37.7%
Value in USD Billion
2026-2035
*this image is indicative*
The market is experiencing a rapid surge towards the electrification of vehicles, which is primarily fuelling the North America electric cargo bike market share. This trend is driven by increasing environmental concerns, rising fuel prices, and growing consumer awareness. For example, companies like Rad Power Bikes and Tern Bicycles are offering a range of electric cargo bikes with advanced features and efficient designs.
Moreover, there is a growing demand for sustainable transportation solutions, driving the adoption of electric cargo bikes in e-commerce and logistics. For example, companies like Amazon and UPS are using electric cargo bikes for last-mile deliveries in urban areas, reducing their carbon footprint and improving their sustainability credentials.
Residential use of electric cargo bikes in North America is on the rise, driven by the growing trend of urban living and rising fuel prices. Individuals are increasingly turning to electric cargo bikes for personal transportation, grocery shopping, and running errands within their neighbourhoods. Brands like Rad Power Bikes offer models like the RadWagon, designed with cargo racks and baskets to cater to residential needs. These bikes are popular for short distance commuting in urban areas where traffic congestion and parking limitations are common.
As per the North America electric cargo bike market analysis, commercial electric cargo bikes are designed for durability and efficiency, with features like large cargo compartments, sturdy frames, and long battery life. The commercial segment is poised for significant growth, driven by the expansion of e-commerce activities, the need for faster and greener delivery options, and the focus on reducing carbon emissions in logistics operations. Brands like Tern Bicycles with their GSD model and Riese & Müller with the Load series are examples of companies catering to both residential and commercial electric cargo bike markets, showcasing the diverse applications and potential of this evolving industry.
"North America Electric Cargo Bikes Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments
Market Breakup by Product Type
Market Breakup by Battery Type
Market Breakup by End Use
Market Breakup by Region
Players are focusing on expanding their product offerings, increasing their market share, and improving their distribution networks to meet the growing demand for electric cargo bikes in North America.
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In 2025, the market reached an approximate value of USD 0.61 Billion.
The market is expected to grow at a CAGR of 37.70% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 14.95 Billion by 2035.
The market is driven by factors such as increase in demand for electric cargo bikes to reduce traffic congestion, surge in sustainability and environmental awareness to reduce carbon emission, and developments in e-commerce and last-mile delivery.
Key trends aiding the market expansion include favourable government initiatives, regulatory support, and technological advancements in electric cargo bikes.
Countries considered in the market are United States of America and Canada.
Based on end use, the market segmentations include residential and commercial, which includes courier and parcel service provider, service delivery, and retail supplier, among others.
Two wheeled, three wheeled, and four wheeled electric cargo bikes are considered in the report.
Key players in the market are Giant Bicycle, Inc., Rad Power Bikes Inc., Pedego Inc., Riese & Müller GmbH, Hawley LLC (Yubabikes), Amsterdam Bicycle Company LLC, Worksman Cycles Co. Inc., Priority Outdoor Products, LLC (Xtracycle), Mobility Holdings, Ltd. (Tern), and Bunch Bikes, Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Battery Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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