Top 15 E-Bike Companies in the World

Automotive Industry

Top 15 E-Bike Companies in the World

The global e-bike market size reached US$ 24.8 Billion in 2023. As per the analysis by IMARC Group, the top e-bike companies are increasingly investing in extensive research and development (R&D) activities with an enhanced focus on sustainable development and reduction of carbon footprint. In addition to this, they are developing advanced battery and motor technologies to provide higher speeds, longer battery duration and the ability to travel longer distances on varied terrains, which is propelling the market. Favorable government initiatives providing subsidies, incentives and tax rebates on the usage of e-bikes are also creating lucrative market opportunities for the key players. In addition to this, the growing depletion of fossil fuel reserves is fueling the demand for eco-friendly, low-emission alternative to traditional gas-powered vehicles, which is providing an impetus to the market. Apart from this, the increasing number of partnerships, collaborations and sponsorships with sports and racing teams are further creating a positive market outlook. Some of the other factors contributing to the market include rapid urbanization, a paradigm shift toward healthier lifestyle and cultural trends, and inflating disposable income levels. By 2028, the market to reach US$ 43.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.48% during 2024-2032.

Learn about opportunities, challenges, and trends in the global e-bike with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the E-Bike Industry Worldwide:

The global e-bike market has several major players, including Accell Group, BIONX International Corporation, Robert Bosch GmbH, Yamaha Motor Group, Derby Cycle Holding GmbH, Giant Group, KWANG YANG MOTOR CO., LTD., Merida & Centurion Germany GmbH (MCG), Samsung Electronics Co., Ltd., Continental AG, Prodeco Technologies LLC, Tianjin Fuji-ta Group Co., Ltd., Trek Bicycle Corporation, PEDEGO INC, Shimano Inc. More information about these companies has been provided below. 

1. Accell Group

Establishment:

1998

Headquarters:

Friesland, The Netherlands

Website:

https://www.accell-group.com/

 

Accell Group manufactures bicycles, bicycle parts, and bicycle accessories, and is among the top e-bike manufacturers as well as bicycle parts and accessories, particularly in the European market. A number of well-known bicycle brands are included in its portfolio, including Haibike, Winora, Ghost, Lapierre, Raleigh, Sparta, Babboe, Batavus, Koga, and Carqon. In addition to this, the company also manufactures fitness equipment, bicycle parts and accessories. With more than 80 markets worldwide, Accell Group employs approximately 3,500 people across 15 countries.

2. BIONX International Corporation

Establishment:

2007

Headquarters:

Ontario, Canada

Website:

http://www.ridebionx.com

 

As a leading manufacturer of electric bicycle drive systems, BionX International has developed special electric systems that can be fitted to any bicycle to convert it into a motor-driven vehicle. The system consists of a battery, a console and a motor to power the bike. In addition to e-bike systems, BionX is a leading partner in green transportation and alternative transportation. Located in Aurora, Colorado, the company's Aurora facility houses a wide range of worldwide operations, including sales, service, marketing, testing, sourcing, and resident engineering. There are more than 15 countries in which BionX International has sales outlets and partners.

3. Robert Bosch GmbH

Establishment:

1886

Headquarters:

Baden-Württemberg, Germany

Website:

https://www.bosch.com/

 

Robert Bosch GmbH (Bosch), a privately owned company in the Europe e-bike market, is a subsidiary of Robert Bosch Stiftung GmbH. Among the company's products and services are auto spare parts, mobility, home appliances, and industrial products, as well as business process outsourcing, drive and control technology, energy, and building solutions. The company has a dedicated business segment for e-bikes and sustainable transportation modes and is one of the key players in the e-bike market globally. Throughout the Americas, Europe, Asia Pacific, and Africa, the company serves customers in the automobile, consumer electronics, and BPO industries through a network of sales and service partners, subsidiaries, and regional companies. 

4. Yamaha Motor Group

Establishment:

1955

Headquarters:

Shizuoka, Japan

Website:

https://global.yamaha-motor.com/

 

Japanese multinational manufacturer Yamaha Motor Co., Ltd. manufactures motorcycles, marine products such as boats and outboard motors, and other motorized products. This world-leading enterprise specializes in land mobility products, including motorcycles, all-terrain vehicles, electric bicycles, and marine products, including boats and outboard motors. Yamaha started working on e-bikes around 30 years ago and now it has developed into one of the major market players in the electric two-wheelers market. In 30 countries and regions, Yamaha Motor has 140 subsidiaries and equity-method affiliates that contribute to development, production, and sales. 

5. Derby Cycle Holding GmbH

Establishment:

1988

Headquarters:

Lower Saxony, Germany

Website:

https://www.derby-cycle.com/

 

One of the largest bicycle manufacturers in Europe is Derby Cycle AG, based in Cloppenburg, Germany. As a manufacturer of bicycles, the company produces bikes under different brand names such as Focus, Kalhoff, Raleigh, Univega, and Rixe. The company makes bicycles for road riding, mountain biking, triathlons, racing, and cyclocross, and produces electric-powered bikes. In addition to this, the company conducts extenisve research and development (R&D) activities focusing on sustainable development.

6. Giant Group

Establishment:

1972

Headquarters:

Taichung, Taiwan

Website:

https://www.giant-bicycles.com/

 

The Giant brand is a leading manufacturer of high-quality bicycles and cycling gear in the world. Founded in 1972, the brand is part of the Giant Group, which is a sports and outdoor product manufacturer with an emphasis on craftsmanship, innovation, technology, and quality. Among the pioneers of bike manufacturing, this company introduced lighter, stronger aluminum frames and carbon fiber bikes as well. The product portfolio consists of numerous e-bikes suited for racing, marathon, and mountain terrains. Giant group serves consumers in more than 12,000 retail stores around the world.

7. KWANG YANG MOTOR CO., LTD.

Establishment:

1963

Headquarters:

Taipei, Taiwan

Website:

https://www.kymco.com/international

 

Founded in 1963, KYMCO has grown to become one of the world's leading powersports companies, with a presence in more than 100 countries. In addition to motorcycles and bicycles, the Company manufactures ATVs and utility vehicles, similar equipment and parts, and similar equipment and parts. In addition to selling vehicles under the Kymco brand worldwide, Kymco produces PTWs and ATVs as an original equipment manufacturer for third-parties. KYMCO has been dedicated to electrification for over 20 years, which has driven the company's growth into one of the leading players in the e-bike market.

8. Merida & Centurion Germany GmbH (MCG)

Establishment:

 1972

Headquarters:

Baden-Württemberg, Germany

Website:

https://www.mcg-parts.de/

 

A subsidiary of Taiwanese bicycle manufacturer Merida Industry Co., Ltd, Merida & Centurion (MCG) is one of the world's largest bicycle manufacturers, producing over 2 million bicycles per year. Merida and Centurion bicycles are distributed and marketed by MCG in Germany, Austria, and Switzerland. The company offers a wide range of bicycles, including road bikes, mountain bikes, city bikes, and e-bikes. Aside from its high-quality craftsmanship, Merida is also known for its innovative design and cutting-edge materials. Besides bicycles, MCG also offers accessories, such as helmets, clothing, shoes, and bike components. As part of its commitment to reducing its carbon footprint, the company places a strong emphasis on sustainability and environmental responsibility.

9. Samsung Electronics Co., Ltd.

Establishment:

1969

Headquarters:

Suwon-si, South Korea

Website:

https://www.samsung.com/

 

A global technology company, Samsung Electronics Co., Ltd. is headquartered in South Korea and produces a variety of electronic devices, such as smartphones, televisions, and home appliances. In spite of Samsung not manufacturing e-bikes, it has invested in companies and partnered with others to enter the e-bike market. E-bike manufacturer Biomega and e-bike sharing company Hellobike are two of Samsung's major investments in the e-bike market. Additionally, Samsung supplies various e-bike manufacturers with its own line of motors and battery systems for e-bikes, in addition to investing in the e-bike market.

10. Continental AG

Establishment:

1871

Headquarters:

Hanover, Germany

Website:

https://www.accell-group.com/

 

A multinational German company, Continental AG, manufactures a variety of products, including tires, automotive components, and electronic systems. As a world leader in sustainable and connected mobility, Continental develops pioneering technologies and services, specializing in safe, efficient, and intelligent solutions for vehicles, machines, traffic, and transportation. With its brand name, Continental, the company produces high-quality e-bike drive systems, batteries, and displays. In addition to its own e-bike products, Continental also provides electric components to a variety of e-bike manufacturers around the world, and has a workforce of around 200,000 people in 57 countries and markets.

11. Prodeco Technologies LLC

Establishment:

2010

Headquarters:

Florida, United States of America

Website:

http://prodecotech.com/

 

Electric bicycle manufacturer Prodeco Technologies LLC offers electric bikes, accessories, batteries, chargers, brake pads, saddles, seat posts, storage bags, tires, tubes, water bottle holders, and tools to the US market. This company manufactures full-size, step-through, folding frame e-bikes with modern, brushed aluminum finishes. Besides e-bikes, Prodeco also produces motors, batteries, and controllers as e-bike components, and these are also utilized to upgrade existing bicycles in addition to its e-bikes.

12. Tianjin Fuji-ta Group Co., Ltd.

Establishment:

 1992

Headquarters:

Tianjin, China

Website:

https://www.tianjinfujita.com

 

The Tianjin Fuji-ta Group is a leading bicycle manufacturer worldwide, producing millions of bicycles and e-bikes annually. In addition to commuting, leisure riding, and off-road adventures, the company's e-bikes can be used for a variety of purposes. Some of Tianjin Fuji-ta Group's e-bike models have long ranges and high speeds, while others feature a range of batteries and motor options. Tianjin Fuji-ta Group produces e-bike components for other manufacturers in addition to its own line of e-bikes. As a leading player in the e-bike market, the company's e-bikes are energy-efficient, accessible and eco-friendly, helping to reduce carbon emissions and promote sustainable transportation.

13. Trek Bicycle Corporation

Establishment:

1976

Headquarters:

Wisconsin, United States of America

Website:

https://www.trekbikes.com/

 

The Trek Bicycle Corporation is an American multinational manufacturer and distributor of bicycles and cycling products. The company's e-bike line includes both mid-drive and hub-drive motor options, and aluminum and carbon fiber are used to make the frames. In addition to high-quality components such as hydraulic disc brakes, suspension forks, and integrated lighting, Trek's e-bikes are powered by Bosch or Shimano drive systems. Along with its own line of e-bikes, Trek offers a variety of e-bike accessories, including replacement batteries, chargers, and bike racks. With an emphasis on sustainability, Trek has implemented a number of environmental initiatives, including using renewable energy and developing eco-friendly materials.

14. PEDEGO INC

Establishment:

2008

Headquarters:

California, United States of America

Website:

https://pedegoelectricbikes.com/

  

Pedego Inc. is a notable company in the US e-bike market that boasts a diverse range of battery and motor options. This collection includes models that offer extended ranges and high velocities. Pedego provides a broad variety of e-bike options, including cruiser bikes, commuter bikes, folding bikes, fat tire bikes, and mountain bikes. Apart from its e-bike line, Pedego also markets a range of e-bike accessories such as replacement batteries, chargers, and bike racks. The company prioritizes customer satisfaction by offering support and assistance through a broad network of authorized Pedego dealers and service centers across America.

15. Shimano Inc

Establishment:

 1921

Headquarters:

Osaka, Japan

Website:

https://www.shimano.com/

 

Japan-based Shimano Inc. produces bicycle components, fishing tackle, and rowing equipment. Shimano offers a range of e-bike systems, such as STEPS (Shimano Total Electric Power System), which has a middrive motor and offers a variety of battery options. Various components from the company are used by other bicycle manufacturers on a global scale, including motors, batteries, drivetrains, and shifters. E-bike components from the company reduces carbon emissions and promotes sustainable transportation by being energy-efficient and eco-friendly, thereby making it a leading player in the Asia Pacific e-bike market.

 

About Author:

Aditi Kumar

Senior Content Writer at IMARC Services Private Limited   

Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels.

For more information on this market, write to us:

Please enter the Captcha text*

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com