US E-Bike Market Size, Growth, Trends and Forecasts (2020-2025)

Press Release:

United States E-Bike Market to Witness Robust Growth During 2020-2025, Propelled by the Introduction of Innovative Product Models

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States E-Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The United States e-bike market is currently witnessing strong growth. 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. Looking forward, the market is expected to exhibit robust growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States e-bike market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, mode, motor type, battery type, class, design and application.

Breakup by Mode:

Throttle
Pedal Assist

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:

Foldable
Non-Foldable

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.

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 lithium-ion battery market and who are the key players?
What is the degree of competition in the industry?