Canada E-bikes Market Size & Outlook, 2026-2033

The e-bikes market in Canada is expected to reach a projected revenue of US$ 2,740.7 million by 2033. A compound annual growth rate of 9.7% is expected of Canada e-bikes market from 2026 to 2033.
Revenue, 2025 (US$M)
$1,272.9
Forecast, 2033 (US$M)
$2,740.7
CAGR, 2026 - 2033
9.7%
Report Coverage
Canada

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Canada e-bikes market, 2021-2033 (US$M)

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Canada e-bikes market highlights

  • The Canada e-bikes market generated a revenue of USD 1,272.9 million in 2025 and is expected to reach USD 2,740.7 million by 2033.
  • The Canada market is expected to grow at a CAGR of 9.7% from 2026 to 2033.
  • In terms of segment, chain drive was the largest revenue generating drive type in 2025.
  • Belt Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.


E-bikes market data book summary

Market revenue in 2025USD 1,272.9 million
Market revenue in 2033USD 2,740.7 million
Growth rate9.7% (CAGR from 2026 to 2033)
Largest segmentChain drive
Fastest growing segmentBelt Drive
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationBelt Drive, Chain Drive
Key market players worldwideAccell, Giant Manufacturing Co Ltd, Rad Power Bikes, Trek Bicycle, Yadea Group Holdings Ltd Shs Unitary 144A/RegS, Yamaha Motor Co Ltd


Other key industry trends

  • In terms of revenue, Canada accounted for 1.8% of the global e-bikes market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. e-bikes market is projected to lead the regional market in terms of revenue in 2033.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 9,975.6 million by 2033.

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E-Bikes Market Companies

Name Profile # Employees HQ Website
Trek Bicycle View profile 1001-5000 Waterloo, Wisconsin, United States, North America https://www.trekbikes.com/
Rad Power Bikes View profile 501-1000 Seattle, Washington, United States, North America http://www.radpowerbikes.com
Giant Manufacturing Co Ltd View profile 11405 Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, Taiwan, 40763 https://www.giant-bicycles.com
Yamaha Motor Co Ltd View profile 65477 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 http://www.yamaha-motor.co.jp
Yadea Group Holdings Ltd Shs Unitary 144A/RegS View profile 12338 Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, China, People's Republic of https://www.yadea.com.cn
Accell View profile 11-50 Warrenton, Virginia, United States, North America https://accellclinical.com/

Canada e-bikes market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to e-bikes market will help companies and investors design strategic landscapes.


Chain drive was the largest segment with a revenue share of 103.44% in 2025. Horizon Databook has segmented the Canada e-bikes market based on belt drive, chain drive covering the revenue growth of each sub-segment from 2021 to 2033.


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Horizon Databook provides a detailed overview of country-level data and insights on the Canada e-bikes market , including forecasts for subscribers. This country databook contains high-level insights into Canada e-bikes market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada Drive Type - E-bikes Market size, 2025 - 2033 (US$M)

Canada E-Bikes Market Outlook Share, 2025 & 2033 (US$M)

Canada Drive Type - E-bikes Market size, 2025 - 2033 (US$M)

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