United States E-bike Industry Sector to grow at a CAGR of 10% by 2031 | Top 5 Companies are Giant Manufacturing Co., Ltd, Pedego E-Bike, Merida Industry Co., Ltd., Trek Bicycle Corporation and Specialized Bicycle Components, Inc.

global E-bike market reached growing at a CAGR of 10% during the forecast period (2024-2031)

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United States: Recent Industry Developments
✅ November 2025: Rad Power Bikes launched next-generation long-range commuter e-bikes with improved battery safety and connectivity features.
✅ October 2025: Yamaha expanded U.S. manufacturing facilities to support rising demand for mid-drive e-bike motors.
✅ September 2025: Federal and state-level incentives boosted e-bike adoption, especially for urban mobility and recreational cycling.

Japan: Recent Industry Developments
✅ November 2025: Panasonic unveiled compact lightweight battery systems designed specifically for performance-oriented e-bikes.
✅ October 2025: Yamaha Motor Co. partnered with local governments to deploy e-bike sharing programs across major cities.
✅ September 2025: Bridgestone expanded production of e-bike-specific tire technology optimized for durability and energy efficiency.

Latest M&A

✅ Yamaha Corporation completed acquisition of Brose's e-bike business for €30 million, strengthening its e-mobility portfolio particularly in Europe and Asia.​

✅ Several private equity firms increased stakes in electric two-wheeler startups like Joy e-bike in India, consolidating regional market growth and expansion efforts.​

✅ Down2Earth Capital acquired Belgian bike leasing provider Cyclobility, expanding micromobility service offerings in Europe

Key Players:

Accell Group NV, Giant Manufacturing Co., Ltd., Yadea Group Holdings Ltd., Yamaha Motor Company, Pedego E-Bike and Pon. Bike, AIMA Technology Group Co., Ltd., Merida Industry Co., Ltd., Trek Bicycle Corporation and Specialized Bicycle Components, Inc.

Latest News

✅ The Indian e-bike market is rapidly growing with new government incentives aiming for electric vehicles to account for 70% of two-wheeler sales by 2030. Registrations showed slight month-over-month increases in September 2025 despite rare earth magnet supply challenges.​

✅ E-bike sales continue to surge in urban markets globally with players focusing on digital connectivity features, battery improvements, and affordable pricing to entice consumers.​

✅ Growing demand for electric cargo bikes and last-mile delivery vehicles has led to rising investments and pilot programs by delivery giants like Swiggy partnering with SUN Mobility for a 15,000 e-bike fleet rollout.

Growth Forecast Projection:

The Global E-bike 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 E-bike 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 Segmentation:

By Propulsion: Pedal-assisted, Throttle-assisted, Others

By Battery: Lithium-ion, Lithium-ion Polymer, Lead Acid, Others

By Application: City/Urban, Cargo, Trekking, Others

By Power: Less than or equal to 250 W, Above 250 W

By Motor: Hub Motor, Mid Motor

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)

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 E-bike 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 E-bike 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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Latest Product Launches

✅ Ultraviolette launched its Tesseract model in India with a 266 km range and advanced battery management targeting premium market segments.​

✅ Ola Electric unveiled Roadster Series e-bike starting at INR 74,999 focusing on broader consumer accessibility and vibrant urban riding experience.​

✅ Oben Electric announced the Rorr EZ, a next-gen LFP battery-powered model with upgraded TFT display and expected delivery from August 2025, enhancing entry-level e-bike offerings.

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