Electric Cargo Bikes Market Forecast | E-Mobility, Commercial Fleet Electrification - Leading Companies are XTRACYCLE CARGO BIKES, YUBA BICYCLES LLC, Babboe, Riese & Muller GmbH, Smart Urban Mobility B.V

DataM Intelligence has published a new research report on "Electric Cargo Bikes Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Latest M&A Activity

Johnson Electric Group expanded its e-mobility portfolio by acquiring Pendix GmbH, a key player in electric bike systems, strengthening its footprint in electric cargo bikes and e-bikes.​

The electric cargo bike market remains competitive, with companies like Jiangsu Xinri E-Vehicle, Jinhua JOBO Technology, and Yuba Electric Cargo Bikes leading innovations and market penetration through partnerships and diversification.

Key Players:

CERO INC, PEDEGO, RAD POWER BIKES INC, XTRACYCLE CARGO BIKES, YUBA BICYCLES LLC, Babboe, DOUZE Factory SAS, Riese & Muller GmbH, Smart Urban Mobility B.V, and BENNO BIKES LLC.

Growth Forecast Projected:

The Global Electric Cargo Bikes Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Electric Cargo Bikes Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Product: (Two-Wheeled, Three Wheeled, Four-Wheeled)

By Battery: (Lithium-ion, Lead-Based, Nickel-based)

By End-User: (Courier & Parcel Service Providers, Large Retail Suppliers, Personal Transportation, Service Delivery)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Key Product Launches

Tern launched the third-generation GSD electric cargo bike in March 2025 with increased load capacity (up to 210 kg), enhanced safety features like ABS braking, and integrated GPS tracking.​

Urban Arrow introduced the Breeze, its first longtail electric cargo bike, offering a compact design with a 200 kg carrying capacity, Bosch Cargo Line motor, and customizable battery options, emphasizing affordability and versatility.​

Gazelle debuted its first e-cargo bike model, the Cabby C380, with customizable setups targeting family and commercial users.

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Electric Cargo Bikes producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Electric Cargo Bikes revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the Electric Cargo Bikes Market?

A: The Electric Cargo Bikes Market stood at USD 940.24 million in 2022 and is set to experience remarkable growth, reaching USD 3,659.2 million by 2031

Q2: How fast is the Electric Cargo Bikes Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 17.0% from 2025 to 2032

Latest Investments

Amazon announced plans to expand its UK electric cargo bike fleet for last-mile delivery to accelerate decarbonization across its logistics operations.​

The market sees growing venture capital and private equity interest in startups developing innovative light electric vehicles and cargo bike solutions.​

Companies invest in battery technology improvements and digital features such as smart systems that include GPS, theft protection, and rider assistance for better fleet and asset management

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