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(Transportation-News.com, September 14, 2024 ) The E-bike Market size was valued at USD 54.01 Bn in 2023 and the total E-bike revenue is expected to grow at a CAGR of 12.3 % from 2024 to 2030, reaching nearly USD 121.66 Bn by 2030.
China plays a leading role in the global e-bike market, acting as a key manufacturing and export hub. In China, the average price of an electric bike with lead-acid batteries is $167. The Chinese Sustainability Survey shows that e-bikes in North America average $815, while in Western Europe, they cost around $1,546. China dominates the e-bike market, accounting for an estimated 85% of global sales. In 2013, government data estimated 180 million e-bikes on China's streets, far surpassing any other country.
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E-bike Market Segmentation
by Type
City/Urban E-bikes
Trekking E-bikes
Cargo E-bikes
Others
by Mode
Pedal-assisted
Throttle-assisted
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by Battery Type
Lithium-ion Battery
Lead-acid Battery
Nickel-cadmium Battery
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E-bike Market Key Players:
North America
Pedego Electric Bikes
Trek Bicycle Corporation
Specialized Bicycle Components, Inc.
Solex Cycle North America Inc.
Rad Power Bikes
Aventon
Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:
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Source: EmailWire.Com
Source: EmailWire.com
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