Global E-bikes Market Size & Outlook, 2024-2030
Global e-bikes market, 2018-2030 (US$M)
Related Markets
Global e-bikes market highlights
- The global e-bikes market generated a revenue of USD 61,893.3 million in 2024 and is expected to reach USD 113,638.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 10.7% by 2030.
- In terms of segment, chain drive accounted for a revenue of USD 55,024.3 million in 2024.
- Belt Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 61,893.3 million |
| Market revenue in 2030 | USD 113,638.7 million |
| Growth rate | 10.7% (CAGR from 2025 to 2030) |
| Largest segment | Chain drive |
| Fastest growing segment | Belt Drive |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Belt Drive, Chain Drive |
Other key industry trends
- In terms of revenue, the North America accounted for 7.9% of the global e-bikes market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 2,464.9 million by 2030.
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E-Bikes Market Scope
E-Bikes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 88.9% in 2024. Horizon Databook has segmented the Global e-bikes market based on belt drive, chain drive covering the revenue growth of each sub-segment from 2018 to 2030.
- Global E-Bikes Drive Type Outlook (Revenue, USD Million, 2018-2030)
- Belt Drive
- Chain Drive
- Global E-Bikes End Use Outlook (Revenue, USD Million, 2018-2030)
- Personal
- Commercial
- Global E-Bikes Battery Type Outlook (Revenue, USD Million, 2018-2030)
- Lead-acid Battery
- Lithium-ion Battery
- Others
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Target buyers of Global e-bikes market databook
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Our clientele includes a mix of e-bikes market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global e-bikes market , including forecasts for subscribers. This global databook contains high-level insights into Global e-bikes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global e-bikes market size, by regions, 2018-2030 (US$M)
Top 10 countries: E-bikes market size, 2024 (US$M)
Global e-bikes market share, by drive type, 2024 & 2030 (%, US$M)
E-bikes market: Opportunity assessment by country
Global e-bikes market, by region, 2024 (US$M)
| Drive Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,291.2 | 1,508.9 | 2,058.4 | 2,577.3 | 3,137.0 | 4,035.4 | 4,892.2 | 5,635.2 | 6,431.8 | 7,217.3 | 8,093.3 | 9,090.1 | 10,190.5 | 12.6% |
| Europe | 5,547.6 | 6,335.6 | 8,450.9 | 10,353.3 | 12,337.2 | 15,546.2 | 18,471.3 | 20,863.5 | 23,361.4 | 25,729.4 | 28,331.1 | 31,258.9 | 34,438.4 | 10.5% |
| Asia Pacific | 11,273.1 | 12,809.4 | 17,000.3 | 20,722.7 | 24,569.9 | 30,806.0 | 36,419.7 | 40,931.6 | 45,604.2 | 49,977.7 | 54,758.7 | 60,119.0 | 65,907.1 | 10.0% |
| Latin America | 424.3 | 473.1 | 615.9 | 735.9 | 854.9 | 1,049.5 | 1,214.2 | 1,334.5 | 1,453.0 | 1,555.0 | 1,662.6 | 1,779.7 | 1,900.7 | 7.3% |
| MEA | 347.7 | 381.8 | 489.1 | 574.7 | 655.8 | 790.1 | 895.8 | 963.8 | 1,025.7 | 1,071.2 | 1,115.5 | 1,160.7 | 1,202.0 | 4.5% |
| Overall | 18,883.8 | 21,508.9 | 28,614.5 | 34,963.9 | 41,554.7 | 52,227.1 | 61,893.3 | 69,728.6 | 77,876.1 | 85,550.7 | 93,961.2 | 103,408.4 | 113,638.7 | 10.3% |
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