Market Overview:
The United States e-bike market size reached US$ 847.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,626.1 Million by 2028, exhibiting a growth rate (CAGR) of 11.79% during 2023-2028.
E-bikes, also known as electronic bikes, are battery-powered bicycles that consist of an electric motor, battery and a drivetrain. These bikes make use of lead-acid batteries, which help in covering long distances with a single charge. Their utilization is often associated with reduced risk of stress and depression while providing cardiovascular fitness, muscle strength, and flexibility to users.
The United States represents one of the largest markets for e-bikes worldwide. The market is primarily driven by improvements in lithium-ion battery technology, pricing, and power. Along with this, there has been a rising need for fuel-efficient vehicles, backed by increasing concerns for carbon and greenhouse gas (GHG) emissions. This has shifted the consumer’s preferences from gasoline-powered cars to zero-emission vehicles such as e-bikes. Consequently, the major e-bike manufacturers in the country are launching innovative product models, which are gaining traction among individuals. Additionally, rising demand from the tourism industry has bolstered the growth of the market as tourists are opting for e-bikes as a self-driving alternative to explore local areas. This offers them an economical and effortless riding experience, which, in turn, is creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States e-bike market reports, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on mode, motor type, battery type, class, design and application.
Breakup by Mode:
Breakup by Motor Type:
- Hub Motor
- Mid Drive
- Others
Breakup by Battery Type:
- Lead Acid
- Lithium Ion
- Nickel-Metal Hydride (NiMH)
- Others
Breakup by Class:
- Class I
- Class II
- Class III
Breakup by Design:
Breakup by Application:
- Mountain/Trekking Bikes
- City/Urban
- Cargo
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2022 |
Historical Period |
2017-2022 |
Forecast Period |
2023-2028 |
Units |
US$ Million |
Segment Coverage |
Mode, Motor Type, Battery Type, Class, Design, Application, Region |
Region Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States e-bike market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States e-bike market?
- What are the key regional markets?
- What is the breakup of the market based on the mode?
- What is the breakup of the market based on the motor type?
- What is the breakup of the market based on the battery type?
- What is the breakup of the market based on the class?
- What is the breakup of the market based on the design?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States e-bike market and who are the key players?
- What is the degree of competition in the industry?