United States Electric Cargo Bikes Market Report and Forecast 2025-2034

United States Electric Cargo Bikes Market Outlook

The United States electric cargo bikes market size was valued at USD 0.42 billion in 2024. The market is further projected to grow at a CAGR of 37.2% between 2025 and 2034, reaching a value of USD 7.71 billion by 2034.

Key Takeaways

• As per industry reports, the electric cargo bike market in the country is experiencing growth, with a significant focus on eco-friendly transportation solutions and technological advancements in electric vehicle manufacturing.

• United States electric cargo bikes market development is influenced by the growing requirement for transportation infrastructure in e-commerce for delivery purposes, leading to a rise in demand for these bikes.

• The market is expected to witness advancements in product development, with the introduction of high-performance, low-maintenance, and high load-carrying capacity electric cargo bikes, catering to the evolving needs of consumers and businesses.

As consumers and businesses become more environmentally conscious, they are looking for alternative modes of transportation that reduce carbon emissions. For example, UPS has been using electric cargo bikes for deliveries in urban areas since 2012, and the company has since expanded its electric cargo bike fleet to several cities across the United States.

Companies are investing in the development of charging stations and other infrastructure to support the growth of the market. For instance, Rad Power Bikes has developed a network of charging stations in Seattle, Washington, to support its electric cargo bike fleet.

The market is highly competitive as numerous prominent industry players are investing in their production. For example, Riese & Müller GmbH, a German company, has expanded its product line to include electric cargo bikes, with models such as the Packster and Load capable of hauling up to 200 kg.

Market players are also capitalising on the benefits of lithium-ion batteries, which dominate the United States electric cargo bikes market share, due to their high performance, low weight, and efficiency in charging and discharging. Additionally, market players are leveraging financial incentives, grants, tax breaks, and subsidies provided by governments and municipalities to encourage businesses to adopt e-bikes for cargo delivery, thus fostering the growth of the cargo e-bike industry in the United States.

Recent developments in the electric cargo bikes market in United States include the introduction of new models with advanced features and the expansion of existing product lines. For example, Tern Bicycles introduced the NBD, a low-step e-bike capable of supporting a maximum gross vehicle weight of 140 kg, with a rear rack that can handle up to 27 kg and a front rack that can handle up to 20 kg.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

United States Electric Cargo Bikes Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

• Two Wheeled

• Three Wheeled

• Four Wheeled

Market Breakup by Battery Type

• Lithium Ion

• Other

Market Breakup by End Use

• Residential

• Commercial
  • Courier and Parcel Service Provider
  • Service Delivery
  • Retail Supplier
  • Others

Market Breakup by Region

• New England

• Mideast

• Great Lakes

• Plains

• Southeast

• Southwest

• Rocky Mountain

• Far West

Competitive Landscape

Market players are focusing on the increasing demand for e-bikes for carrying luggage, supporting logistics and freight activities, and promoting sustainable delivery solutions.

• 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) 

• Bunch Bikes, Inc. 

• Others

Key Highlights of the Report