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Report Overview

The United States e-bike market reached approximately USD 1.64 Billion in 2024. The market is further projected to grow at a CAGR of 9.80% between 2025 and 2034, reaching a value of USD 4.18 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

9.8%

2025-2034


United States E-Bike Market Outlook

*this image is indicative*

Key Trends in the Market

E-bikes refer to bicycles that are equipped with electric motors to assist with pedalling. These battery-powered bicycles contain different electrical components, including controllers, among others. They also allow users to travel large distances without getting tired by augmenting the human power. E-bikes further aid in overcoming obstacles, including hills and headwind.

  • Increasing environment consciousness among the population is supporting the United States e-bike market growth. Due to the rising awareness about various negative effects associated with the utilisation of vehicles operating on traditional fuels, the demand for e-bikes is increasing in the United States.
  • Rising advancements and innovations in battery technologies, including the development of batteries with less charging time, are providing lucrative growth opportunities to the market. These innovations also include manufacture of e-bikes with enhanced efficiency and performance.
  • The growing health consciousness among the population owing to increasing prevalence of various lifestyle-related diseases and disorders is boosting the market expansion in the United States. Such concerns are encouraging individuals to adopt different physical activities, including biking.
  • Increased investment by the government of the United States towards the construction of an adequate charging infrastructure to promote the adoption of electric bikes is bolstering the United States e-bike market demand. Such investments and initiatives are expected to enhance the convenience of the riders and increase the product popularity.

United States E-bikes Market Segmentation

Breakup by Propulsion Type

  • Pedal-assisted
  • Throttle-assisted

Breakup by Application

  • City/Urban
  • Trekking
  • Cargo
  • Others

Breakup by Drive Type

  • Belt Drive
  • Chain Drive

Breakup by Battery Type

  • Lead Acid Battery
  • Lithium-ion Battery

Breakup by Region

  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West

United States E-bikes Market Share by Application

As per the United States e-bike market analysis, trekking is anticipated to account for a significant share of the market. This growth can be attributed to the focus of the regional population on incorporating physical activities in their daily lives, owing to growing health concerns. The adaptability and flexibility offered by e-bikes is further bolstering their adoption for trekking adventures. These bikes allow the riders to adjust the level of assistance required, depending upon their energy levels and the difficulty of the terrain.

United States E-bikes Market Share by Battery Type

Lithium-ion batteries account for a significant United States e-bike market share owing to the declining prices of these batteries. The lightweight nature, high energy density, and longer lifespan of lithium-ion batteries are bolstering their adoption in e-bikes. They also offer lower self-discharge, high power to weight ratio, good temperature performance, and high energy efficiency, among others. Lithium-ion batteries are also preferred by individuals as most of their components can be recycled.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States e-bike market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Cycling Sports Group, Inc.

Cycling Sports Group, Inc. is one of the leading manufacturers and marketers of sporting goods including e-bikes, mountain bikes and garments, and apparel and accessories, among others. The company was founded in 1971 and is headquartered in Connecticut, United States.

Giant Manufacturing Co. Ltd.

Giant Manufacturing Co. Ltd. is one of the leading bicycle manufacturing companies and has manufacturing facilities in Hungary, Taiwan, the Netherlands, and China. The company was founded in 1972 and is headquartered in Taichung, Taiwan.

Pedego Inc.

Pedego Inc. is a leading manufacturer, marketer, and distributor of electric bikes. The high quality and innovative “pedal or not” models include fat-tire bikes, tandems, cargo bikes, mountain bikes, and cruisers, among others.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the US E-bike market include Yamaha Motor Corporation, Trek Bicycle Corporation, Specialized Bicycle Components, Inc., Rad Power Bikes Inc., Aventon, Rambo Bikes, and Blix Bicycle Inc., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The e-bike market in United States reached a value of approximately USD 1.64 Billion in 2024.

The market is projected to grow at a CAGR of 9.80% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 4.18 Billion by 2034.

The major market drivers include increased product adoption owing to growing environmental concerns and rising advancements and innovations in battery technologies.

The key trends fuelling the growth of the market include growing health consciousness among the population owing to increasing prevalence of various lifestyle related disorders and increasing investments by the government of the United States towards the construction of an adequate charging infrastructure.

The major regions in the US market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The applications of e-bikes include city/ urban, trekking, and cargo, among others.

The key players in the market are Cycling Sports Group, Inc., Giant Manufacturing Co. Ltd., Pedego Inc., Yamaha Motor Corporation, Trek Bicycle Corporation, Specialized Bicycle Components, Inc., Rad Power Bikes Inc., Aventon, Rambo Bikes, and Blix Bicycle Inc., among others.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Propulsion Type
  • Application
  • Drive Type
  • Battery Type
  • Region
Breakup by Propulsion Type
  • Pedal-assisted
  • Throttle-assisted
Breakup by Application
  • City/Urban
  • Trekking
  • Cargo
  • Others
Breakup by Drive Type
  • Belt Drive
  • Chain Drive
Breakup by Battery Type
  • Lead Acid Battery
  • Lithium-ion Battery
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cycling Sports Group, Inc.
  • Giant Manufacturing Co. Ltd.
  • Pedego Inc.
  • Yamaha Motor Corporation
  • Trek Bicycle Corporation
  • Specialized Bicycle Components, Inc.
  • Rad Power Bikes Inc.,
  • Aventon
  • Rambo Bikes
  • Blix Bicycle Inc.
  • Others

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