E-bikes Market by Propulsion Type (Throttle-assisted and Dual Mode), Class, Power Output, E-bike Type, Battery Type, Motor Type (Hub Motors and Mid-drive Motors), Structure, Charging Type, Charging Mode, and End User – Global Forecast to 2030

According to a new market research report titled, ‘E-bikes Market by Propulsion Type (Throttle-assisted and Dual Mode), Class, Power Output, E-bike Type, Battery Type, Motor Type (Hub Motors and Mid-drive Motors), Structure, Charging Type, Charging Mode, and End User—Global Forecast to 2030, the ‘e-bikes market is projected to reach $88.3 billion by 2030, at a CAGR of 11.9% during the forecast period.
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E-bikes are bicycles with a battery-powered assist that comes via pedaling and, in some cases, a throttle. In e-bikes, the motor will get its power from a rechargeable battery mounted on the bike. E-bikes are a flexible, eco-friendly, and versatile mode of transport. Users consider them an ideal substitute for smart cars, public transport, and scooters. It helps minimize traffic congestion due to its reduced form factor, provides greater speed with marginal effort, and offers various health benefits.
The growth of this market is driven by the increasing adoption of e-bikes for shorter commutes, rising environmental concerns, and supportive government policies and regulations. Furthermore, the rising health awareness among consumers and increasing adoption of e-bikes in emerging countries are expected to create market growth opportunities.
However, the high cost of e-bikes and the short lifecycle of batteries restrain the growth of this market. Also, increasing theft and vandalism of e-bikes and poor cycling infrastructure in developing countries pose major challenges for the players in this market. Furthermore, increasing efforts by OEMs to produce lightweight bikes and the increasing trend of connected e-bikes are the key trends observed in the e-bikes market.
The e-bikes market is segmented by propulsion mode {throttle-assisted and dual mode}, class {class 1, class 2, and class 3}, power output {below 250 W, 250 W–750 W, and more than 750 W}, E-bike type {city