- Electric bikes (e-bikes), which combine battery-powered propulsion with traditional pedaling, are becoming essential for modern mobility solutions due to their eco-friendliness, cost efficiency, and ability to ease urban congestion
- The accelerating demand for electric bikes is primarily fueled by rising environmental concerns, growing traffic in urban areas, increasing fuel costs, and greater consumer inclination toward sustainable and health-conscious transportation alternatives
- North America dominates the electric bike market, accounting for a market share of 38.4% in 2025, driven by increasing demand for micro-mobility solutions, favorable tax incentives, and robust investments in cycling infrastructure. The U.S. leads the region with a growing preference for e-bikes in both recreational and commuting segments
- Asia-Pacific is expected to be the fastest growing region, with a projected CAGR of 6.2% during the forecast period, supported by rapid urbanization, expanding middle-class demographics, and strong government support for electric mobility, particularly in China, India, and Southeast Asia
- The pedal-assisted segment is projected to dominate the electric bike market with a market share of 61.5% in 2025, favored for its energy efficiency, extended range, and appeal to both fitness-conscious consumers and daily commuters
