Electric Bikes- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Electric Bikes Market Size

The global market for Electric Bikes was estimated to be worth US$ 312 million in 2024 and is forecast to a readjusted size of US$ 460 million by 2031 with a CAGR of 5.8% during the forecast period 2025-2031. 

Electric Bike (Wheels with Diameter Of 20”) also known as e-bike is a bicycle with an integrated electric motor which can be used for propulsion. Many kinds of e-bikes are available worldwide, from e-bikes that only have a small motor to assist the rider"s pedal-power (i.e., (pedelecs) to somewhat more powerful ebikes which tend closer to moped-style functionality: all, however, retain the ability to be pedalled by the rider and are therefore not electric motorcycles.

This report aims to provide a comprehensive presentation of the global market for Electric Bikes, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Bikes by region & country, by Type, and by Distribution Channel.

The Electric Bikes market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Bikes.

Electric Bike Market Share

Global Electric Bike key players include Accell Group, Yadea, E-Joe, AIMA, Benelli, etc. Global top five manufacturers hold a share over 50%. China is the largest market, with a share about 30%, followed by Europe and North America, both have a share over 20 percent.

Report Metric	Details
Report Name	Electric Bikes Market
Accounted market size in 2024	US$ 312 million
Forecasted market size in 2031	US$ 460 million
CAGR	5.8%
Base Year	2023
Forecasted years	2024 - 2030
Segment by Type	Regular E-bike Folding E-bike
Segment by Application	Direct-Sale Distribution
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	NPROXX, H2GO Power, Shanghai Hyfun Energy Technology, GKN Hydrogen, Whole Win (Beijing) New Energy Technology, GRZ Technologies, Lavo, McPhy, General Research Institute for Nonferrous Metals, Hystorsys, Plasma Kinetics, AE&M, JOMI LEMAN, MINCATEC ENERGY
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends