United States E-Bike Market to Grow at 11.79% During 2023-2028, Propelled by the Introduction of Innovative Product Models

November 25, 2020 | Automotive Industry

According to the recent report by IMARC Group, titled “United States E-Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the United States e-bike market is expected to exhibit a CAGR of 11.79% during 2023-2028. An e-bike, also referred to as an electronic bicycle, is a standard bicycle with an electric motor, a drivetrain, and a battery. It can run on rechargeable batteries and can be moved through pedaling. E-bikes majorly use lead-acid batteries, which aid users to cover long distances with a single charge. As these bikes are simple to operate and convenient for all age groups, they have gained immense popularity in the United States. Moreover, as cycling helps in building muscle strength, reducing the risk of stress, and improving cardiovascular fitness, e-bikes are attracting health-conscious individuals as well.

United States E-Bike Market Trends:

One of the major factors propelling the sales of e-bikes in the United States is the rising concerns regarding environmental pollution. E-bikes are eco-friendly and economical alternatives to other means of transportation, which have resulted in their increased demand in the country. Along with this, improvements in lithium-ion battery technology and pricing have made a great impact on the shift from gasoline-powered vehicles to zero-emission vehicles like e-bikes. Moreover, the rising trend of exploring local areas while riding an e-bike at your own pace has increased their demand in the tourism industry, which, in turn, is providing a thrust to the market growth. Furthermore, advancements in the local e-bike manufacturing companies in the United States are creating a positive outlook for the market. As most of the e-bikes in the country are usually imported from Asian factories, increasing local production is anticipated to bolster the economy. In addition to this, the introduction of advanced product models by manufacturers will attract a larger consumer base.

Market Summary:

  • Based on the mode, the market has been bifurcated into throttle and pedal assist segments.
  • On the basis of the motor type, the market has been divided into mid drive, hub motor, and others.
  • Based on the battery type, the market has been classified into lead acid, nickel-metal hydride (NiMH), lithium ion, and others.
  • On the basis of the class, the market has been segmented into Class I, II, and III.
  • Based on the design, the market has been categorized into foldable and non-foldable segments.
  • On the basis of the application, the market has been segregated into city/urban, mountain/trekking bikes, cargo, and others.
  • Region-wise, the market has been divided into South, West, Northeast, and Midwest.
  • The competitive landscape of the market has been analyzed in the report with the detailed profiles of the key players operating in the market.

Report Scope:

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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-080

United States E-Bike Market to Grow at 11.79% During 2023-2028, Propelled by the Introduction of Innovative Product Models
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More