United States E-bike Market Forecast 2024-2032

The United States e-bike market is anticipated to develop with a CAGR of 10.32% over the forecast period of 2024-2032. The e-bike market's growth in the United States is fueled by the rising emphasis on travel and recreational activities, in addition to the need to alleviate traffic congestion.

MARKET INSIGHTS

To enhance sales in the United States, e-bike retailers concentrate on engaging active older consumers, particularly baby boomers aged between 52 and 70; the population constitutes approximately 25% of American inhabitants and represents a significant demographic for e-bike adoption. Many in this demographic exhibit an interest in cycling but encounter health-related challenges like knee and joint pain or exercise-induced asthma.

Moreover, retailers in the US underscore the advantages of e-bikes to appeal to this demographic, emphasizing features such as easy pedaling, decreased exertion required for propulsion due to the electric motor, and reduced cardiovascular strain during rides. These features facilitate a gradual increase in heart rate, minimizing sudden spikes induced by uphill climbs or uneven terrain.

Additionally, vendors target urban youth who favor biking over car commuting to circumvent the associated hassles and expenses of vehicle ownership, including insurance, parking, fuel, licensing, and maintenance costs. These factors are anticipated to drive demand for e-bikes in the United States, consequently fostering market growth in the projected period.

COMPETITIVE INSIGHTS

Some of the major companies in the market include BionX International Corporation, Accell Group, Robert Bosch GmbH, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. MAJOR MARKET FINDINGS
- 2.4.1. RISING URBANIZATION AND EXPANDING CITY DENSITY DEMAND COMPACT MOBILITY WITH LOWER ENVIRONMENTAL IMPACT
- 2.4.2. ELECTRIC MOUNTAIN BIKES GAINING TRACTION DUE TO RECREATIONAL ACTIVITIES AND ATHLEISURE PREFERENCES
- 2.4.3. INCREASE IN CARGO E-BIKE ADOPTION FOR LAST-MILE DELIVERIES REFLECTS CHANGING RETAIL/LOGISTICS PRIORITIES

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. SUPPORTIVE GOVERNMENT POLICIES PROMOTING SUSTAINABLE TRANSPORT OPTIONS
- 3.1.2. GROWING CONSUMER INCLINATION TOWARDS ECO-FRIENDLY COMMUTING SOLUTIONS
- 3.1.3. INCREASED INVESTMENTS IN CONNECTED INFRASTRUCTURE SUITABLE FOR E-BIKES
- 3.1.4. RAPID TECHNOLOGICAL PROGRESS MAKE E-BIKES MORE ADVANCED AND AFFORDABLE
- 3.1.5. RISING FUEL PRICES STIMULATE DEMAND FOR COST-EFFECTIVE TRANSPORTATION
3.2. KEY RESTRAINTS
- 3.2.1. HIGH UPFRONT COSTS OF PURCHASING E-BIKES
- 3.2.2. LACK OF CYCLING INFRASTRUCTURE HAMPERS ADOPTION
- 3.2.3. CONCERNS RELATED TO E-BIKE SAFETY FEATURES AND LIABILITY REQUIREMENTS
- 3.2.4. LIMITED CONSUMER AWARENESS RESTRICTS MAINSTREAM POPULARITY

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
- 4.1.1. CUSTOMIZATION FOR DIVERSE RIDING STYLES AND NEEDS LIKE POWER, SPEED, AND RANGE
- 4.1.2. INCREASED USAGE OF LIGHTWEIGHT YET DURABLE FRAMES SUCH AS CARBON FIBER
- 4.1.3. RISING EMPHASIS ON SWAPPABLE BATTERIES FOR LONGER DISTANCES
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
- 4.3.1. GROWTH PROSPECT MAPPING FOR UNITED STATES
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
- 4.6.1. COMPONENT SOURCING AND INTEGRATION
- 4.6.2. DISTRIBUTION AND RETAIL CHANNELS
- 4.6.3. TECHNOLOGICAL INNOVATION AND R&D
- 4.6.4. AFTER-SALES SERVICES AND CUSTOMER SUPPORT
4.7. KEY BUYING CRITERIA
- 4.7.1. BATTERY PERFORMANCE AND RANGE
- 4.7.2. TECHNOLOGY AND CONNECTIVITY FEATURES
- 4.7.3. DESIGN AND BUILD QUALITY
- 4.7.4. REGULATORY COMPLIANCE AND STANDARDS
4.8. REGULATORY FRAMEWORK

5. MARKET BY DESIGN

5.1. FOLDABLE
- 5.1.1. MARKET FORECAST FIGURE
- 5.1.2. SEGMENT ANALYSIS
5.2. UNFOLDABLE
- 5.2.1. MARKET FORECAST FIGURE
- 5.2.2. SEGMENT ANALYSIS

6. MARKET BY TYPE

6.1. PEDELECS
- 6.1.1. MARKET FORECAST FIGURE
- 6.1.2. SEGMENT ANALYSIS
6.2. THROTTLE ON DEMAND
- 6.2.1. MARKET FORECAST FIGURE
- 6.2.2. SEGMENT ANALYSIS
6.3. SCOOTERS
- 6.3.1. MARKET FORECAST FIGURE
- 6.3.2. SEGMENT ANALYSIS
6.4. MOTORCYCLES
- 6.4.1. MARKET FORECAST FIGURE
- 6.4.2. SEGMENT ANALYSIS

7. MARKET BY DRIVE MECHANISM

7.1. HUB MOTOR
- 7.1.1. MARKET FORECAST FIGURE
- 7.1.2. SEGMENT ANALYSIS
7.2. MID-DRIVE
- 7.2.1. MARKET FORECAST FIGURE
- 7.2.2. SEGMENT ANALYSIS

8. MARKET BY BATTERY

8.1. LITHIUM-ION
- 8.1.1. MARKET FORECAST FIGURE
- 8.1.2. SEGMENT ANALYSIS
8.2. LEAD ACID
- 8.2.1. MARKET FORECAST FIGURE
- 8.2.2. SEGMENT ANALYSIS

9. MARKET BY POWER

9.1. LESS THAN & EQUAL TO 250 W
- 9.1.1. MARKET FORECAST FIGURE
- 9.1.2. SEGMENT ANALYSIS
9.2. ABOVE 250 W
- 9.2.1. MARKET FORECAST FIGURE
- 9.2.2. SEGMENT ANALYSIS

10. COMPETITIVE LANDSCAPE

10.1. KEY STRATEGIC DEVELOPMENTS
- 10.1.1. MERGERS & ACQUISITIONS
- 10.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
- 10.1.3. PARTNERSHIPS & AGREEMENTS
- 10.1.4. BUSINESS EXPANSIONS & DIVESTITURES
10.2. COMPANY PROFILES
- 10.2.1. ACCELL GROUP
  - 10.2.1.1. COMPANY OVERVIEW
  - 10.2.1.2. PRODUCT LIST
  - 10.2.1.3. STRENGTHS & CHALLENGES
- 10.2.2. BIONX INTERNATIONAL CORPORATION
  - 10.2.2.1. COMPANY OVERVIEW
  - 10.2.2.2. PRODUCT LIST
  - 10.2.2.3. STRENGTHS & CHALLENGES
- 10.2.3. ROBERT BOSCH GMBH
  - 10.2.3.1. COMPANY OVERVIEW
  - 10.2.3.2. PRODUCT LIST
  - 10.2.3.3. STRENGTHS & CHALLENGES
- 10.2.4. HERO CYCLES LTD
  - 10.2.4.1. COMPANY OVERVIEW
  - 10.2.4.2. PRODUCT LIST
  - 10.2.4.3. STRENGTHS & CHALLENGES
- 10.2.5. YAMAHA MOTOR GROUP
  - 10.2.5.1. COMPANY OVERVIEW
  - 10.2.5.2. PRODUCT LIST
  - 10.2.5.3. STRENGTHS & CHALLENGES
- 10.2.6. DERBY CYCLE HOLDING GMBH
  - 10.2.6.1. COMPANY OVERVIEW
  - 10.2.6.2. PRODUCT LIST
  - 10.2.6.3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - E-BIKE MARKET
TABLE 2: UNITED STATES E-BIKE MARKET REGULATORY FRAMEWORK
TABLE 3: UNITED STATES E-BIKE MARKET, BY DESIGN, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 4: UNITED STATES E-BIKE MARKET, BY DESIGN, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 5: UNITED STATES E-BIKE MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 6: UNITED STATES E-BIKE MARKET, BY TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 7: UNITED STATES E-BIKE MARKET, BY DRIVE MECHANISM, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 8: UNITED STATES E-BIKE MARKET, BY DRIVE MECHANISM, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 9: UNITED STATES E-BIKE MARKET, BY BATTERY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 10: UNITED STATES E-BIKE MARKET, BY BATTERY, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 11: UNITED STATES E-BIKE MARKET, BY POWER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 12: UNITED STATES E-BIKE MARKET, BY POWER, FORECAST YEARS, 2024-2032 (IN $ MILLION)
TABLE 13: LIST OF MERGERS & ACQUISITIONS
TABLE 14: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 15: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 16: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: UNITED STATES E-BIKE MARKET, GROWTH POTENTIAL, BY DESIGN, IN 2023
FIGURE 7: UNITED STATES E-BIKE MARKET, BY FOLDABLE, 2024-2032 (IN $ MILLION)
FIGURE 8: UNITED STATES E-BIKE MARKET, BY UNFOLDABLE, 2024-2032 (IN $ MILLION)
FIGURE 9: UNITED STATES E-BIKE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2023
FIGURE 10: UNITED STATES E-BIKE MARKET, BY PEDELECS, 2024-2032 (IN $ MILLION)
FIGURE 11: UNITED STATES E-BIKE MARKET, BY THROTTLE ON DEMAND, 2024-2032 (IN $ MILLION)
FIGURE 12: UNITED STATES E-BIKE MARKET, BY SCOOTERS, 2024-2032 (IN $ MILLION)
FIGURE 13: UNITED STATES E-BIKE MARKET, BY MOTORCYCLES, 2024-2032 (IN $ MILLION)
FIGURE 14: UNITED STATES E-BIKE MARKET, GROWTH POTENTIAL, BY DRIVE MECHANISM, IN 2023
FIGURE 15: UNITED STATES E-BIKE MARKET, BY HUB MOTOR, 2024-2032 (IN $ MILLION)
FIGURE 16: UNITED STATES E-BIKE MARKET, BY MID-DRIVE, 2024-2032 (IN $ MILLION)
FIGURE 17: UNITED STATES E-BIKE MARKET, GROWTH POTENTIAL, BY BATTERY, IN 2023
FIGURE 18: UNITED STATES E-BIKE MARKET, BY LITHIUM-ION, 2024-2032 (IN $ MILLION)
FIGURE 19: UNITED STATES E-BIKE MARKET, BY LEAD ACID, 2024-2032 (IN $ MILLION)
FIGURE 20: UNITED STATES E-BIKE MARKET, GROWTH POTENTIAL, BY POWER, IN 2023
FIGURE 21: UNITED STATES E-BIKE MARKET, BY LESS THAN & EQUAL TO 250 W, 2024-2032 (IN $ MILLION)
FIGURE 22: UNITED STATES E-BIKE MARKET, BY ABOVE 250 W, 2024-2032 (IN $ MILLION)