Global Electric Bike Accessories Market Size Forecast to USD 8.7 Billion by 2035 with a Focus on Smart Mobility and Urban Commuting - Analysis by TMR

Electric Bike Accessories Market Market Size Outlook to 2035

The global electric bike accessories market was valued at US$ 1.7 billion in 2024 and is projected to reach US$ 8.7 billion by 2035, expanding at a CAGR of 11.6% from 2025 to 2035. The strong growth trajectory is attributed to the rapid adoption of electric bicycles worldwide, increasing urban commuting needs, rising focus on rider safety, and continuous innovation in smart and connected bike accessories.

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Market Overview

Electric bike accessories include a wide range of products designed to enhance safety, comfort, performance, and convenience for e-bike users. These accessories range from batteries, chargers, lights, locks, helmets, displays, sensors, smart connectivity modules, luggage carriers, and maintenance components.

The global shift toward sustainable transportation, government incentives for electric mobility, and rising fuel costs are accelerating e-bike adoption, directly boosting demand for accessories. Additionally, consumers increasingly seek customization and performance upgrades, further supporting market growth.

Urbanization, traffic congestion, and the growth of shared mobility platforms have also increased the use of electric bikes for daily commuting, delivery services, and recreational riding. As a result, accessories that improve range, durability, connectivity, and rider safety are gaining significant traction.

Key Market Growth Drivers

1. Rapid Growth of the Electric Bike Market
The expanding global e-bike market serves as the primary growth engine for accessories. As e-bike ownership rises, demand for replacement parts, upgrades, and add-on accessories increases proportionally.

2. Rising Focus on Rider Safety
Growing concerns around road safety have increased demand for:
• Advanced lighting systems
• Smart helmets with integrated sensors
• Anti-theft locks and GPS tracking devices
• Reflective and visibility-enhancing accessories

3. Technological Advancements and Smart Accessories
Innovation in IoT-enabled and connected accessories such as smart displays, navigation systems, battery management systems, and mobile app integration is transforming the user experience and driving premium accessory sales.

4. Expansion of Urban and Last-Mile Mobility
Electric bikes are widely used for urban commuting, food delivery, and logistics, boosting demand for accessories like cargo carriers, panniers, phone holders, and power backup solutions.

5. Sustainability and Environmental Awareness
Consumers increasingly prefer eco-friendly transportation solutions, encouraging the adoption of electric bikes and related accessories made from sustainable and recyclable materials.

Analysis of Key Players in the Electric Bike Accessories Market

Leading companies in the electric bike accessories market are strengthening their market positions through the development of smart security systems, advanced accessory solutions, and strategic mergers and acquisitions. These players are increasingly focused on sustainable design principles, creating energy-efficient and durable products that align with the evolving needs of electric bicycle users.

Major participants in the market include
• SHIMANO INC.
• Accell Group
• Gustav Magenwirth GmbH & Co. KG
• CATEYE Co., Ltd.
• SRAM LLC
• Lezyne
• FAHRER Berlin
• ABUS
• Bosch GmbH
• LG Energy Solution
• Specialized Bicycle Components, Inc.
• Giant Bicycles
• Kryptonite
• YAMAHA Motor Pvt. Ltd.
• Panasonic Industry
• MERIDA BIKES
• Other Prominent Players.

Each of these companies is profiled in the electric bike accessories market research report based on company overview, financial performance, business strategies, product portfolio, business segments, and recent developments.

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Key Developments in the Electric Bike Accessories Market

• March 2025: Yamaha Motor Co., Ltd. entered the German market through the acquisition of Brose's e-Kit business, leading to the establishment of Yamaha Motor eBike Systems GmbH. This move supports Yamaha's 2025-2027 expansion strategy aimed at strengthening its European presence and in-house development capabilities.

• January 2025: Bosch eBike Systems unveiled its Battery Lock system at CES 2025, offering digital theft protection by disabling stolen eBike batteries. Integrated with the eBike Flow app and Bosch's smart system, the feature enhances overall eBike security.

Key Player Strategies

1. Product Innovation and Smart Integration
Manufacturers are investing heavily in:
• Smart batteries and energy-efficient charging systems
• IoT-enabled anti-theft solutions
• Integrated lighting and sensor systems
• Advanced braking and drivetrain components

2. Strategic Partnerships and OEM Collaborations
Accessory manufacturers collaborate with electric bike OEMs to provide factory-fitted or recommended accessories, ensuring consistent demand and brand visibility.

3. Geographic Expansion
Companies are expanding distribution networks across:
• Asia-Pacific, driven by China, India, and Southeast Asia
• Europe, supported by cycling-friendly infrastructure
• North America, fueled by growing urban commuting trends

4. Focus on Aftermarket Sales
The aftermarket segment remains strong as consumers frequently upgrade accessories to enhance performance, comfort, and aesthetics.

Market Challenges & Opportunities

Challenges

1. High Cost of Advanced Accessories
Premium smart accessories can be expensive, limiting adoption in price-sensitive markets.
2. Compatibility Issues
Differences in e-bike models and standards can create compatibility challenges for accessories.
3. Supply Chain Disruptions
Dependence on electronic components and batteries exposes manufacturers to supply chain volatility.
4. Counterfeit Products
Low-cost counterfeit accessories affect brand reputation and revenue for established players.

Opportunities

1. Smart and Connected Accessories
Rising adoption of AI- and IoT-enabled accessories presents significant growth opportunities.
2. Emerging Markets Expansion
Rapid urbanization and government support for electric mobility in Asia-Pacific, Latin America, and Africa create new demand.
3. Customization and Premiumization
Consumers increasingly seek personalized and high-performance accessories, driving premium product sales.
4. Integration with Shared Mobility Platforms
Accessories designed specifically for fleet management and rental services represent a growing niche.

Investment Landscape and ROI Outlook

The electric bike accessories market presents a high-growth investment opportunity, supported by strong e-bike adoption and continuous innovation.

Investment Highlights

• Strong CAGR of 11.6% through 2035
• Growing demand for smart, safety, and performance-enhancing accessories
• Expansion of urban mobility and last-mile delivery sectors
• Increasing aftermarket sales and recurring revenue streams

ROI Outlook

Investments in smart accessories, battery technology, and safety solutions are expected to deliver high returns. Companies with strong distribution networks and OEM partnerships are likely to outperform the market.

Market Segmentations

By Accessory Type
• Batteries & Chargers
• Lighting Systems
• Locks & Anti-Theft Devices
• Helmets & Safety Gear
• Displays & Sensors
• Cargo Carriers & Racks
• Others

By Distribution Channel
• OEM
• Aftermarket

By End Use
• Personal Use
• Commercial & Delivery Services
• Shared Mobility

By Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

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Why Buy This Report?

✔ Detailed market forecast to 2035
✔ In-depth analysis of drivers, challenges, and opportunities
✔ Competitive landscape with key player strategies
✔ Insights into smart accessories and technological trends
✔ Strategic recommendations for manufacturers, investors, and distributors
✔ Clear segmentation and regional growth analysis

FAQs

1. What is the projected size of the electric bike accessories market by 2035?
The market is expected to reach US$ 8.7 billion by 2035.

2. What is the CAGR from 2025 to 2035?
The market is projected to grow at a CAGR of 11.6%.

3. Which accessory segment dominates the market?
Batteries, chargers, and safety accessories hold a significant share due to frequent replacement and upgrades.

4. Which region shows the fastest growth?
Asia-Pacific is expected to witness the fastest growth due to high e-bike adoption and urbanization.

5. What are the key trends shaping the market?
Key trends include smart connectivity, advanced safety systems, lightweight materials, and growth in delivery-focused e-bikes.

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