North America E Bike Market to 2032

Q: What is the current market size of the North America E Bike Market?

North America E Bike Market was valued at USD 3,855.80 (Revenue in USD Billion) in 2019.

Overview

The North America E Bike Market is expected to reach a 8,733.93 USD Billion by 2032 and is projected to grow at a CAGR of 18.72% from 2025 to 2032.

Revenue, 2024 (USD Billion)

3,855.80

Forecast, 2032 (USD Billion)

8,733.93

CAGR, 2024 - 2032

18.72%

Report Coverage

North America

North America E Bike Market 2018-2032 USD Billion

North America E Bike Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 3,855.80 USD Billion
Projected Market Size (2032): 8,733.93 USD Billion
CAGR (2025-2032): 18.72%

Key Findings of North America E Bike Market

The North America E Bike Market was valued at 3,855.80 USD Billion in 2024.
The North America E Bike Market is likely to grow at a CAGR of 18.72% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Pedal Assist in By Mode Segment accounted for the largest share of the market with a revenue of 2,996.13 USD Billion
The fastest growing segment City/Urban in By Usage Segment grew Fastest with a CAGR of 21.03% during the forecast period from 2024 to 2032.

North America E Bike Market Scope

North America E Bike Market Segmentation & Scope

By Usage

Others
Cargo
Racing
Mountain/Trekking Bikes
Cruise
City/Urban

By Class

Class III (Speed Pedelec)
Class II (Throttle)
Class I (Pedal Assist/Pedelec)

By Battery Power

Over 750W
Under 750W

By Mode

Throttle
Pedal Assist

By Hub Motor Location

Front Hub Motor
Rear Hub Motor
Mid Drive Hub Motor

By Battery Type

Others
Sealed Lead Acid
Lead Acid
Nickel Metal Hydride
Lithium-Ion Polymer
Lithium-Ion

North America E Bike Market Data Coverage Insights

Study Period	2024-2032
Base Year	2019
Unit	Revenue in USD Billion
Market Value in 2024	3,855.80 USD Billion
Market Value in 2032	8,733.93 USD Billion
CAGR (2025-2032)	18.72%
Historic Data	2016-2023
Market Segments Covered	By Usage,By Class,By Battery Power,By Mode,By Hub Motor Location,By Battery Type

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 3,855.80 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 2,871.19 USD Billion in 2024.

Segments and Scope

North America E Bike Market to 2032, By By Usage
- City/Urban is the largest segment in North America E Bike Market to 2032 with a revenue of 1,123.30 USD Billion in the year 2024.
- City/Urban is the Fastest growing segment in North America E Bike Market to 2032 with a Growth rate of 21.03 % in forecast period 2025-2032.
North America E Bike Market to 2032, By By Class
- Class I (Pedal Assist/Pedelec) is the largest segment in North America E Bike Market to 2032 with a revenue of 2,324.72 USD Billion in the year 2024.
- Class I (Pedal Assist/Pedelec) is the Fastest growing segment in North America E Bike Market to 2032 with a Growth rate of 19.59 % in forecast period 2025-2032.
North America E Bike Market to 2032, By By Battery Power
- Under 750W is the largest segment in North America E Bike Market to 2032 with a revenue of 2,844.83 USD Billion in the year 2024.
- Under 750W is the Fastest growing segment in North America E Bike Market to 2032 with a Growth rate of 19.87 % in forecast period 2025-2032.
North America E Bike Market to 2032, By By Mode
- Pedal Assist is the largest segment in North America E Bike Market to 2032 with a revenue of 2,996.13 USD Billion in the year 2024.
- Pedal Assist is the Fastest growing segment in North America E Bike Market to 2032 with a Growth rate of 19.39 % in forecast period 2025-2032.
North America E Bike Market to 2032, By By Hub Motor Location
- Mid Drive Hub Motor is the largest segment in North America E Bike Market to 2032 with a revenue of 2,570.27 USD Billion in the year 2024.
- Mid Drive Hub Motor is the Fastest growing segment in North America E Bike Market to 2032 with a Growth rate of 19.37 % in forecast period 2025-2032.
North America E Bike Market to 2032, By By Battery Type
- Lithium-Ion is the largest segment in North America E Bike Market to 2032 with a revenue of 1,498.23 USD Billion in the year 2024.
- Lithium-Ion Polymer is the Fastest growing segment in North America E Bike Market to 2032 with a Growth rate of 19.16 % in forecast period 2025-2032.

North America E Bike Market Company Share Analysis

Company Name
Accell Group
Giant Bicycles
Jiangsu Xinri E-Vehicle Co., Ltd.
Specialized Bicycle Components, Inc.
Trek Bicycle Corporation

North America E Bike Market Geographical Sales Distribution, 2018-2032 USD Billion

North America E Bike Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the North America E Bike Market?

The North America E Bike Market is segmented based on Segmentation By Usage,By Class,By Battery Power,By Mode,By Hub Motor Location,By Battery Type.

What is the current market size of the North America E Bike Market?

North America E Bike Market was valued at USD 3,855.80(Revenue in USD Billion) in 2019.

What is the expected growth rate of the North America E Bike Market?

North America E Bike Market is projected to grow at a CAGR of 18.72% during the forecast period of 2024 to 2032.

Which is the dominating segment in the North America E Bike Market?

The Pedal Assist segment is expected to dominate the North America E Bike Market, holding a largest market share of 2,996.13 USD Billion in 2024