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US E-Bike Market Size - By Product, By Battery, By Motor, By Propulsion, By Ownership, By Power Output, By Application, By Sales Channel, By Price Range, Growth Forecast, 2025 - 2034

Report ID: GMI14467
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Published Date: July 2025
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Report Format: PDF

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US E-bike Market Size

The US e-bike market size was estimated at USD 2.2 billion in 2024. The market is expected to grow from USD 2.3 billion in 2025 to USD 4.5 billion in 2034, at a CAGR of 7.9%.

US E-Bike Market

  • The US e-bike industry is growing rapidly due to a number of variables, such as urbanization, the development of sustainable transportation practices, and increased health and fitness awareness. Cities such as New York, San Francisco, and Portland are benefiting from existing uptake due to bike infrastructure improvements and newer environmental initiatives. As per Statista, many e-bike owners have a high annual household income and around 22% of electric bike (e-bike) owners are innovators or early adopters of new products.
     
  • Government programs designed to encourage consumers toward electric bikes through programs including tax credits, local subsidy programs, and others are adding gasoline to the fire. Programs like Colorado’s e-bike rebate program and California’s Clean Vehicle Rebate Project, are stimulating interest in electric bikes and enticing purchases both as individual bikes and as fleets, especially with urban and suburban applications.
     
  • COVID-19 operated as an accelerator, moving individual mobility preferences away from cars and mass public transportation, and toward outdoor recreation and cycling. The post-COVID path has taken on a momentum that people are maintaining, which means e-bike sales have stabilized at much higher levels, along with continued demand for leisure and commuting purposes. As per Statista, U.S. experienced a cycling boom during COVID-19 in 2020, when bicycle sales jumped by nearly 60% compared to the previous year.
     
  • Continuing technology improvements such as battery lifespan, integrated GPS, smartphone connections, and frame weight are continuing to grow interest. Manufacturing in the US and internationally has become focused on performance-based product development for cargo, mountain, and commuter design formats.
     
  • Growing investments in domestic assembly and supply chains are also increasing in the US economy due to higher tariffs on imports and the need to reduce reliance on Asian manufacturing centers. Companies are also enhancing their retail networks and providing financing options to increase customer access.
     
  • California led the market for the US e-bike market with eco-friendly policies, cycling infrastructure, and consumer adoption of bicycles. In California, cities like San Francisco and Los Angeles benefit from state incentives and residents who are tech-savvy. California is functioning as a hotbed of innovation and sales.
     
  • E-bike growth is accelerating in Colorado, Texas, and Florida due to good climate, state incentives, growing infrastructure, expanded outlooks on recreational bicycling and last mile mobility. Colorado has achieved the most adoption due to the rebates. Texas and Florida are continuing suburban expansion additional use cases around delivery.

     

US E-Bike Market Trends

  • The surge in the demand for cargo and utility e-bikes from families and small businesses is undeniable. These types of e-bikes are increasingly outfitting secondary vehicles due to their practicality, lower costs, and positive environmental attributes. For instance, in June 2025, Urban Arrow launched the FamilyNext Pro cargo e-bike designed to replace a family's second car.
     
  • The e-bike has a 550 lb. payload with a Bosch motor, front suspension with a child seating pod, GPS tracking and a safety-enhanced design. At a price of $8,999, the FamilyNext Pro is aimed at environmentally aware families who live in cities and want practical mobility that enables them to live a car-free lifestyle.
     
  • E-bikes are becoming a key contributor to last-mile delivery and shared mobility networks due to their low operating cost, maneuverability and are environmentally friendly. Major mobility companies such as Uber and Lime, as well as regional parcel delivery companies, are deploying e-bikes as an alternative to ICE vehicles to reduce emissions, improve delivery times, and move through urban tourism corridors in a more efficient and sustainable way.
     
  • For instance, in May 2024, in Philadelphia, the Indego bike share system reported that e-bike ridership increased an astonishing 43% year-over-year while classic bike trips as part of the Indego system declined. More than 50% of all trips on Indego in Philadelphia are now performed on e-bikes and, the e-bike ridership surge is particularly with lower income users.
     
  • The e-bikes are advancing rapidly and have equipped features like extended-range battery systems for long-distance and long-duration rides, regenerative braking to promote energy efficiency, and cell phone integration to provide real-time diagnostics and navigation. The GPS tracking adds a level of security and potentially promotes traffic route planning. These advances in technology improve user convenience, promote safety, and increase the visibility and desirability of e-bike use, leading to more widespread embrace across many different demographics.
     
  • For instance, in March 2023, Rad Power Bikes launched RadRunner 3 Plus. This is a highly practical e-bike complete with a 350 lb. carry capacity, better comfort features, and dual battery compatibility for up to 100 miles of range. The introduction of new cargo accessories at Rad, capabilities like a new trailer, pet carrier and locking box, which further promotes the everyday utility of an e-bike.
     

US E-Bike Market Analysis

US E-Bikes Market, By Product, 2022 - 2034 (USD Billion)

 

  • Class 1 e-bikes, which are pedal-assist models, dominate the US e-bike market as most e-bikes comply with regulations that allow them to be used on virtually all lanes and trails designated for bikes. These models are popular for both commuting and recreational riding due to their optimal combination of speed, safety, and price.
     
  • The folding e-bike is the fastest growing product type in the e-bikes market. The growth is being led by urban residents and RV and last-mile commuters' desire for easy transportation solutions. Additionally, folding e-bikes are compact and portable and take up little space in the home, making them ideal for mixed mobility solutions and urban living.
     
  • Class 2 e-bikes, defined as pedal-assist e-bikes with throttle capability, are gaining acceptance among casual riders and gig deliverers as they require less physical effort for the user. The limitation is that Class 2 e-bikes have some restrictions that, for some states in the U.S., has reduced their acceptance compared to their Class 1 counterparts.
     
  • Class 3 e-bikes achieve higher speeds (up to 28 mph) than their Class 1 and 2 counterparts, which has attracted some attention in urban areas where riders want faster commuting options. Class 3 e-bikes are mostly popular with experienced cyclists or cyclists who expect to travel long distances. This segment is also subject to more restrictions for rider use in public spaces than the other two classes.
     
  • Cargo e-bikes are a growing segment as families and small businesses discover the utility of these bikes to replace other non-primary vehicles. Cargo e-bikes have greater load capacity, can be customized, and of course are great for families or small businesses such as deliveries, errands, and child transport in city settings.

 

US E-Bikes Market Share, By Battery, 2024

Based on battery, the market is segmented into lithium-ion, lithium polymer, lead acid, and others. The lithium-ion battery segment held around 48% of the market share in the US e-bike market and generated revenue of over USD 1 billion in 2024.
 

  • In the US e-bike market, lithium-ion batteries are the most common type of battery and dominate the market due to their energy density, lifecycle, and high capacity for fast charging. Most mid- to premium e-bike models from large brands like Trek, Rad Power Bikes, and Specialized utilize lithium-ion as their standard battery.
     
  • The low weight and ability to be integrated as part of a smart system, helps with the proliferation of lithium-ion battery use in commuter and performance-oriented e-bikes, where the demand has quickly increased in the urban and recreational segments.
     
  • Lithium polymer batteries are the fastest growing sector due to their improved form factor, safety, and thermal issues. As a new and developing battery type, lithium polymer batteries are not as widely utilized yet, but more models are starting to add batteries as part of the design adaptability and short-weight reduction in compact and folding e-bikes.
     
  • As new battery technologies continue to develop, manufacturers are looking at adopting lithium polymer in models designed for the younger rider who are more conscious of design or style and short distances, which are plentiful in urban settings.
     
  • Lead-acid batteries still appear in select low-cost models. The lead-acid is diminishing steadily due to size, less energy efficient per kg, and environment. As local jurisdictions phase out of the uses of lead-acid, consumer pressure now prefers lithium-ion and the lightweight durable batteries available are opening the way to eliminating this segment of use altogether.
     
  • For instance, in June 2025, Molicel and Darfon Energy launched their INR-21700-M65A lithium-ion cell with 6.5 Ah capacity and 325 Wh/kg energy density. It is designed for e-bikes with a maximum range increase of 30%, will support over 1,000 charge cycles, rapid charge capability, improving battery efficiency, safety, and performance on next-gen electric bicycles.
     

Based on power output, the US e-bike market is categorized into below 250W, 250W-750W, and above 750W. The 250W to 750W segment dominates the market with over 62% share in 2024, and the segment is expected to grow at a CAGR of over 7% from 2025-2034.
 

  • The 250W-750W segment is the biggest market within the U.S. e-bike market, providing the best balance of power, range, and performance to hold within regulations. It is commonly used in commuter, cruiser, and hybrid e-bikes and it offers ample speed and torque for most city and suburban riders.
     
  • For instance, in August 2024, HAOQI launched their Mustang Electric Mountain Bike, which is equipped with a Bafang 500W mid-motor, 130N/m torque and a 48V 15Ah Samsung battery. The Mustang e-mountain bike is made with full suspension, hydraulic brakes, and a Shimano 9 speed drivetrain for off-road riding performance.
     
  • The 250W-750W segment of e-bikes fits neatly within U.S. Class 1 and Class 2 performance, making it the most popular range for all three avid users from first-time riders up to top-level and professional riders. The scale of product offerings means the segment leads in versatile, efficient, and value-priced e-bikes appealing to first-time buyers and commuter riders.
     
  • The above 750W segment is the fastest-growing, driven by rising demand for performance e-bikes optimally designed for heavy-duty cargo, hilly trips, and adventure riding. These large motors are built for rapid acceleration and high load and cargo capacity, ideal for utility bikes and off-road situations.
     
  • The below 250W segment accounts for a smaller portion of the overall market and primarily serves narrow urban markets and riders needing an ultra-light compact e-bike. It is mainly comprised of low-powered powertrains appropriate for a short distance, shared bike fleets or pedal-assisting only kits with minimal speed assistance, and as modified, foldable or minimalist models suitable for climate-conscious consumers and urban cities marketing micromobility solutions
     

Based on ownership, the US e-bike market is segmented into personal and shared ownership. The personal ownership segment dominates the market.
 

  • Personal ownership is dominating based on increased consumer demand for personal, customizable, flexible, and more sustainable transportation options. Consumers are most interested in owning e-bikes for commuting, running errands, or for fun, this is especially true for urban and suburban consumers, where rapidly improving cycling infrastructure creates a newfound interest in cycling. Personal e-bike ownership is not only cheaper, but allows for customization, long-term savings and greater convenience compared to alternative options for transportation.
     
  • For instance, in April 2024, VinFast launched the VF DrgnFly e-bike in the United States for $2,599. VinFast has made it possible for personal commuters through the long flat frame, balloon tires, and ergonomic saddle. This launch also signals their entry into the expanding U.S. personal e-Bike market.
     
  • Shared ownership is already functioning as a model in dense cities through bike-share programs that are run by companies like Lime and Lyft or by the local municipality. While these programs account for a modest overall market share, shared e-bikes have doubled as last-mile connectivity solutions, alleviating road congestion and improving sustainability in heavy traffic areas.
     

Based on motor, the US e-bike market is segmented into hub motor and mid motor. The hub motor segment dominates the market.
 

  • Hub motors dominate the market primarily due to price, installation ability, and connection to entry-level and urban designs. Hub motors range from being in the front wheel or rear wheel and accelerate smoothly with less maintenance. They are used in e-bike cyclists' preferred works from companies like Aventon, Rad Power Bikes, and Ride1Up in commuter, cruiser, and folding markets. The independently simple design is perfect for the price-conscious customer and for first-time e-bike buyers.
     
  • Mid-drives are the smallest growing segment, driven by the demand for high-performance and e-bikes that are adaptable to terrain. Mid-drives are located by the crankset and offer incredible performance due to their torque characteristics, weight distribution, and climbing capabilities. Mid-drives are the preferred motors used by adventure riding and utility riding segments.
     
  • Manufacturers like Bosch, Shimano, and Brose are ramping up their mid-motor lines as they see the shift in demand for adventure riding and utility riding. The mid-motor segment has seen growth and has high levels of efficiency and natural ride feel.
     
  • For instance, in June 2024, MAHLE launched the X30 hub motor system, and it weighed 1.9 kg with a maximum torque of 45Nm. The MAHLE hub motor had compatibility with the current X20 components, could reach the range of 190 km and was rated as 15% better than the tapes and models.
     

Based on the application, the US e-bike market is categorized into commuting & transportation, recreation & leisure, commercial & delivery, cargo & utility, and others. The commuting and transportation segment dominates the market.
 

  • The Commuting & Transportation segment has largest share of the U.S. e-bike market driven by urbanization, rising fuel costs, and the continued demand for efficient, environmentally friendly travel. Many cities have been adapting to changes in cycling across the country with cities like New York City, Portland, and San Francisco seeing a massive embrace of e-bikes for daily commutes continuing to improve biking infrastructure in urban areas along with workplace incentives.
     
  • Cargo & Utility e-bikes are the fastest-growing e-bike segments, being adopted by families, local vendors, and service providers replacing an additional car with an e-bike. Cargo & Utility e-bikes are great at hauling goods, groceries, and children due to the practicality of hauling capacity and compatibility of accessories such as a trailer or racks.
     
  • Recreation & Leisure e-bikes are incredibly popular with casual riders and outdoor enthusiasts as well as older adults looking for an opportunity to get outside while facilitating normal ranges of activity and comfort. Cruiser e-bikes and fat-tire e-bikes are common in the Recreation and Leisure sector targeting casual users looking for accessible fun rides on beaches paths, park trails, and weekend tours.
     
  • Commercial & Delivery applications are seeing an upward trend with companies like Federation, Domino's, and Uber Eats along with courier services and e-commerce businesses incorporating e-bikes into their fleets, reducing delivery times at lower operating costs.
     
  • For instance, in July 2025, a new affordable e-bike leasing program was launched by Ford and n+ in Detroit. The program included e-bike models under $75/month. The program is geared towards daily commuters and designed after the Ford Mustang and Bronco. The program is intended for commuter use as a cost effective, green alternative to public transportation and urban mobility.
     

Based on price range, the US e-bike market is categorized into budget, mid-range, premium, and luxury. The mid-range is the dominating segment in the U.S. e-bike market.
 

  • Mid-range e-bikes consist of most e-bike purchases in the U.S. market, with specifications that achieve the best combination of performance, features, and price point. Mid-range e-bikes will typically include complete packages with powerful motors, reasonable range, and smart features integrated into the design. These brands have made the mid-range more competitive and appealing to the urban daily commuter or recreational rider looking for a trustworthy and good value ebike.
     
  • For instance, in February 2025, Aventon launched Level 3, a mid-range commuter ebike priced at $1,899. The bike features a 500 W hub motor with a maximum distance of up to 70 miles, suspension front fork, adjustable stem and Aventon Control Unit that has some pretty impressive features such as 4G/GPS location tracking, geofencing and remote lock and passcode secured.
     
  • The Premium ebike market is the fastest growing market segment as consumers are demanding more premium features like mid-drive motors, high-end suspensions, light weight frames, and premium batteries with long distances. Premium e-bikes are usually what serious cyclists, outdoor adventurers, and professionals tend to gravitate to and where brands are putting a lot of money into making performance-driven and technologically advanced models.
     
  • The budget e-bike market is a bargain for price-conscious consumers and new users of e-bikes. Budget bikes usually have lower range and basic components as they are an entry point into e-bike ownership for potential mass market adoption, especially in urban locations. With the advent of direct-to-consumer brands and e-commerce companies, many consumers are finding budget e-bikes even more accessible, but these budget e-bikes can very often have unknown quality and durability.
     
  • Luxury e-bikes are another niche segment, higher-income consumers are looking for the cutting edge in technology and design in a cycle. Luxury e-bikes showcase carbon fiber structural frames and integrated Internet of Things features, with premium-quality components. Luxury e-bikes are always about establishing high benchmarks in brand and product innovation for their price point in the premium e-bike market.

 

California E-Bikes Market Size, 2022- 2034 (USD Million)

California dominated the E-bike in West US with around 53% of the market share and generated around USD 528.8 million revenue in 2024.
 

  • California is the largest e-bike market in the United States due to its environmental policies, cycling infrastructure, and people commuting in search of alternatives to car travel. California has statewide initiatives for e-bikes, such as rebate programs, greater engagement with municipalities to support micromobility adoption, and ambitious sustainability goals.
     
  • California is reinforced by dense metropolitan infrastructure with cities like Los Angeles, San Francisco, and San Diego, where a highly congested automobile traffic with higher gasoline prices, and new threats from climate change have driven consumer preferences towards e-bikes. The state's population is also relatively health, tech-savvy, and environmentally conscious about transportation.
     
  • Oregon is fast becoming the fastest growing e-bike market in the U.S. fueled by active biking culture, sustainability goals at the state level, and investment in bike friendly infrastructure. In Portland, the city's new investment in protected bike lanes is achieving e-bike commuter growth and is using incentives to increase e-bike borrowing for the general public.
     
  • For instance, in December 2024, California (CA) launched the E-Bike Incentive Project, allowing low-income individuals to obtain vouchers for up to $2,000 to support the use of clean and available methods of mobility. The program emphasized cargo and adaptive e-bikes, reinforcing California's efforts to provide equitable mobility alternatives to its residents and sustainability initiatives designed to reduce harmful emissions.
     

New York dominated the Northeast US e-bikes market and is expected to experience significant and promising growth from 2025-2034.
 

  • New York is emerging as a major growth engine of the U.S. e-bike market due to increased urban congestion, new bike infrastructure, and the rise of consumer preferences for clean and efficient commuting alternatives. As one of the most densely populated cities in the U.S., New York has seen an increase in personal e-bike ownership, shared mobility programs, and public infrastructure changes in the micromobility sector.
     
  • With the growing number of protected bike lanes, the move away from car dependency, increasing fuel prices, and the NYC DOT's micromobility pilot programs and tax incentives, we are seeing more and more commuters using e-bikes for travel instead of cars. The market is specifically taking off for commuters within boroughs like Manhattan and Brooklyn as cases of demand creation.
     
  • There is also a large segment of consumer e-bike use in New York leveraged by delivery workers and gig economy riders, which helps build an aftermarket and service demand. E-bike retailers and brands have increased availability and service in the region due to increased demand and interest.
     
  • New Jersey is the fastest growing e-bike market due to suburban commuters seeking solutions for first and last mile mobility. Improved state incentives, increased retail penetration of e-bikes, and improved access to public transportation have pushed New Jersey drivers to discover e-bikes as a true alternative to personal and shared e-bike models.
     
  • For instance, in June 2025, the NYC DOT and FDNY launched a new pilot program called the USD 2 million E-Bike Trade-In, which gave over 400 delivery workers free e-bikes and batteries that were UL-certified, if they surrendered their uncertified bikes/batteries. The E-Bike Trade-In pilot program’s objectives are to improve safety and reduce the risks of fire and include mandatory safety training, along with pushing the NYRs’ overall agenda for safer micromobility.
     

Illinois dominated e-bikes market in Midwest US and is expected to experience significant and promising growth due to expanding cycling infrastructure, growing environmental consciousness, and supportive state policies.
 

  • Illinois has seen promising development in the urban e-bike market, particularly in Chicago, where they are finding success in recreation and delivery services, which makes them popular for many different applications. Illinois has built up a significant e-bike economy through its investment in trails and green mobility initiatives, which has propelled their broader acceptance and adoption.
     
  • Minnesota is emerging as the fastest growing market for e-bikes in the Midwest in part because of its active outdoor culture that is increasingly being supported by government clean transportation incentives. The state’s Department of Natural Resources has now opened up multi-use trails to e-bikes, which has encouraged more residents and tourists to engage in electric mobility.
     
  • For instance, in January 2023, Ride Illinois and the Active Transportation Alliance held a campaign aimed at creating a statewide e-bike rebate program to make e-bikes more affordable and accessible. The program allows for clean mobility and aims to decrease traffic and emissions throughout Illinois.
     

Texas dominated South US e-bikes market and is expected to experience significant and promising growth from 2025 to 2034.
 

  • The South US is emerging as dynamic growth region amid the evolving e-bike market due to rising urbanization, cycling infrastructure, and its enviable weather, allowing for year-round enjoyment wherever there is paved space. The region’s larger cities, which undergo extensive low-density development as a result of urban sprawl, are improving cycling infrastructure, while people's growing awareness of sustainable transport is facilitating e-bike use by commuter and recreational riders.
     
  • Texas is leading the way in the regional growth as it inherently has a massive population, on-going pro-active transportation policies, and sustained investment in active mobility infrastructure. Living and travel at the expense of cycling infrastructure is considerable in urban areas of Texas, like Austin and Dallas, with rapidly expanding multimodal transport networks supported by shared e-bike programs. E-bikes are growing in popularity by leisure users, commuters, and fleets, encouraging growth in personal e-bike mobility infrastructure.
     
  • Florida is the fastest-growing market in the region fueled mostly by tourism-based demand and local-county community incentives for e-bikes. Much like Texas, the combination of flat geography and suitable climate, along with and increasingly growing portion of seniors 50+, has sustained interest in e-bikes as leisure users and for last mile mobility.
     
  • For instance, in May 2024, Texas based MOD Bikes launched the MOD Black, a full suspension adventure e-bike offered with a 750W hub motor, capable of reaching speeds of 28 mph and with ranges of 100 miles. The bike is built for urban and off-road terrain, has torque sensors to provide pedal assistance, hydraulic braking systems and smart accessories for every rider, including wireless turn signals, which demonstrates more than a passing interest in e-bikes.
     

U.S. E-Bike Market Share

  • The top 7 companies in the U.S. e-bike industry are Trek Bicycle, Rad Power Bikes, Aventon Bikes, Lectric eBikes, Juiced Bikes, Ride1UP, Cannondale contributing over 30% of the market in 2024.
     
  • Trek Bicycle is an American bicycle company known for its tremendous assortment of high-performance bicycles. Trek has established itself as a premium e-bike manufacturer for urban commuters, mountain bikers, and on-road cycling enthusiasts, because of their tremendous number of dealers and exceptional design and development of prototypes.
     
  • Rad Power, based in Seattle, is one of the largest, direct-to-consumer e-bike brands in North America. Rad Power focuses on utility-style e-bikes, such as cargo and fat-tire e-bikes, which are affordable for everyday riders and delivery services.
     
  • Aventon Bikes is known for its aggressive marketing for sleek design and mid-level pricing, Aventon's commuter, cruiser, and off-road electric bicycles produce performance and trendy models. The brand continues to become more popular amongst young urban riders searching for options to support their cycling lifestyle, while providing more reliability and style to complement their respective personalities.
     
  • Lectric eBikes focus on foldable and affordable electric bicycles with greater priorities geared towards reducing barriers facing consumers as it is also portable. Lectric's XP series has been successful amongst more budget-conscious customers as well as RV travelers.
     
  • Juiced Bikes aim at high-performance riders who want a bike with enough power and battery range to ride quickly, commute, and go adventure riding often sporting motorcycle inspired styling.
     
  • Based in San Diego, Ride1UP is a brand that offers commuter and hybrid-style e-bikes with better components than most value e-bikes, but at a competitive price. Ride1UP has gradually built a place for itself in the value segment for e-bikes, particularly affordable e-bikes for first time buyers.
     
  • Cannondale uses its premium brand name from a solid history of performance, as they build e-bikes using the same technology they have engineered into their urban, road, and mountain bike lines. Cannondale's e-bikes are well-designed and are very good for the average cyclist at a good commuter e-bike price.
     

US E-Bike Market Companies

Major players operating in the U.S. e-bike industry companies are:
 

  • Aventon Bikes
  • Bosch eBike Systems
  • Cannondale
  • Juiced Bikes
  • Lectric eBikes
  • Panasonic
  • Pedego Electric Bikes
  • Rad Power Bikes
  • Ride1UP
  • Trek Bicycle
     
  • In the U.S. e-bike market, the 3 key players are Trek Bicycle Corporation, Rad Power Bikes, and Aventon Bikes. These brands are touted with the successes driven by innovation focused on the users of the e-bikes, longevity in use, and even developing distribution avenues. Trek Bicycle Corporation, led by its high-performance e-bike division, provides e-bikes used for road riding, urban commuting, and off-road riding.
     
  • Trek supports its dealers through an extensive dealer network and through investing in multiple R&D endeavors. Rad Power Bikes sells a utility focused, hierarchy of e-bikes, in the U.S. and has excelled in the direct-to-consumer market by appealing to commuters or for e-bikes that are being used for delivery or ride-shares.
     
  • Rad Power supports its customers through a growing network of service centers and ambassadors around the U.S. Aventon Bikes sells stylish e-bikes at a mid-price level with performance upgrades, while scheduled to arrive with app integration, and rely on looking great for techy urban cyclists.
     
  • Lectric eBikes, Juiced Bikes, and Ride1UP have ignited growth for the wider e-bike market through disruptive pricing and product accessibility. Lectric has found broad appeal through their foldable, portable e-bikes marketed to RV users and first-timers. Juiced Bikes has pursued ample consumers who use e-bikes with zest. Their models are speedsters, have long range and are framed like motorcycles. Ride1UP has modular hybrid models or commuter style models that use quality components and simplified user interfaces which appeal to consumers who want value but also quality.
     
  • Cannondale, a performance brand, has been entering the premium e-bike space and announces new e-bike models that utilize advanced drive systems, lightweight frames, or smart features in the road, urban, and trail categories.
     
  • Collectively, these brands are investing in local assembly, dealer networks and rights, digital and electronic platforms, and customer aftercare supports, these investments will capture growing urban, suburban, and recreational demand. These brands are building products that have a variety, comfort of ride, operate at reduced motor performance, and compliance to the evolving regulations on e-bikes in the U.S., all of which entice consumers in very competitive and rapidly expanding electric mobility ecosystem.
     

US E-Bike Industry News

  • In April 2024, Radio Flyer rolled-out the Flyer Via, a family cargo e-bike with a 500W motor, UL-certified battery, and built-in seating for two kids. With a price of $2,199, this bike focuses on safety, convenience, and eco-friendly urban transportation for families.
     
  • In November 2023, Harley-Davidson's e-bike company, Serial 1, was purchased by LEV Manufacturing, in order to expand production in the U.S., and leverage an overall dealer and DTC strategy. The acquisition will allow LEV to scale up Serial 1's urban e-bike offerings and coverage.
     
  • In April 2023, Velotric released the easy-to-handle Thunder 1 and Thunder 1 ST urban Class 1 e-bikes which at only 36 lb (16 kg), are as light as any non-motorized bike but boast 350 W hub motors and torque sensors, hydraulic brakes, and either built-in GPS or Apple Find My. Offering as much as 70 miles of range, and including integrated security, the casual smart ride designed bike is liable to wow parents and families.
     
  • In March 2023, Specialized introduced the Globe Haul ST, a compact utility e-bike with a 700 W hub motor, 772Wh e-bike battery, and the capacity to haul 419 lb. Designed for general urban utility, the Globe Haul ST has 60 miles of range to accommodate daily carrying rigours, and built -in lights and fenders, and a seat tube designed for shorter riders.
     

The U.S. E-bike market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Bn), and shipment (Units) from 2021 to 2034, for the following segments:

Market, By Product

  • Class 1 e-bikes
  • Class 2 e-bikes
  • Class 3 e-bikes
  • Cargo e-bikes
  • Folding e-bikes

Market, By Battery

  • Lithium-ion 
  • Lithium polymer 
  • Lead acid 
  • Others

Market, By Motor

  • Hub motors
  • Mid-drive motors

Market, By Propulsion

  • Pedal assist
  • Throttle control

Market, By Ownership

  • Shared
  • Personal

Market, By Power Output

  • Below 250W
  • 2502-750W
  • Above 750W

Market, By Application

  • Commuting and transportation
  • Recreation and leisure
  • Commercial and delivery
  • Cargo and utility
  • Others

Market, By Sales Channel

  • Direct-to-customer (D2C) sales
  • Independent bike dealers
  • Sporting goods retailers
  • Big box retailers
  • Online marketplaces

Market, By Price Range

  • Budget ($500-$1000)
  • Mid-range ($1500-$3000)
  • Premium ($3000-$5000)
  • Luxury ($5000 and above)

The above information is provided for the following regions and countries:

  • Northeast US
    • Connecticut
    • Maine
    • Massachusetts
    • New Hampshire
    • New Jersey
    • New York
    • Pennsylvania
    • Rhode Island
    • Vermont
  •  Midwest US
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Michigan
    • Minnesota
    • Missouri
    • Nebraska
    • North Dakota
    • Ohio
    • South Dakota
    • Wisconsin
  •  South US
    • Alabama
    • Arkansas
    • Delaware
    • Florida
    • Georgia
    • Kentucky
    • Louisiana
    • Maryland
    • Mississippi
    • North Carolina
    • Oklahoma
    • South Carolina
    • Tennessee
    • Texas
    • Virginia
    • West Virginia
    • Washington D.C.
  • West US
    • Alaska
    • Arizona
    • California
    • Colorado
    • Hawaii
    • Idaho
    • Montana
    • Nevada
    • New Mexico
    • Oregon
    • Utah
    • Washington
    • Wyoming

 

Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
Who are the key players in the US e-bike industry?
Key players include Aventon Bikes, Bosch eBike Systems, Cannondale, Juiced Bikes, Lectric eBikes, Panasonic, Pedego Electric Bikes, Rad Power Bikes, Ride1UP, and Trek Bicycle.
What are the upcoming trends in the US e-bike market?
Trends include rising use of pedal-assist e-bikes, improved lithium-ion batteries, increased bike infrastructure investment, and a shift toward eco-friendly transport.
Which region leads the US e-bike sector?
California market holding approximately 53% of the market share and generating around USD 528.8 million in revenue in 2024. Its leadership is driven by environmental policies, cycling infrastructure, and a shift toward alternatives to car travel.
What is the growth outlook for the 250W to 750W segment from 2025 to 2034?
The 250W to 750W segment is set to witness 7% CAGR till 2034, maintaining its dominance with over 62% market share in 2024.
What is the market size of the US e-bike in 2024?
The market size was estimated at USD 2.2 billion in 2024, with a CAGR of 7.9% expected through 2034. Factors such as urbanization, sustainable transportation practices, and increased health awareness are driving market growth.
What was the revenue generated by the lithium-ion battery segment in 2024?
The lithium-ion battery segment generated over USD 1 billion in revenue in 2024, holding around 48% of the market share.
What was the market share of Class 1 e-bikes in 2024?
Class 1 e-bikes accounted for approximately 43% of the market share in 2024 and are expected to grow at a CAGR of over 8% through 2034.
What is the projected value of the US e-bike market by 2034?
The market for US e-bike is poised to reach USD 4.5 billion by 2034, driven by advancements in bike infrastructure, environmental initiatives, and growing consumer interest in e-bikes for commuting and recreation.
US E-Bike Market Scope
  • US E-Bike Market Size
  • US E-Bike Market Trends
  • US E-Bike Market Analysis
  • US E-Bike Market Share
Authors: Preeti Wadhwani, Aishvarya Ambekar
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Premium Report Details

Base Year: 2024

Companies covered: 25

Tables & Figures: 200

Countries covered: 1

Pages: 230

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