Electric Bikes and Scooters Market Report 2026

The electric bikes and scooters market size has grown marginally in recent years. It will grow from $30.27 billion in 2025 to $30.27 billion in 2026 at a compound annual growth rate (CAGR) of 0%. The growth in the historic period can be attributed to urban congestion growth, fuel price volatility, early government incentives, rising environmental awareness, adoption of personal mobility devices.

The electric bikes and scooters market size is expected to see strong growth in the next few years. It will grow to $42.74 billion in 2030 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to stricter emission regulations, expansion of charging infrastructure, battery cost reduction, smart mobility integration, growth of micro-mobility services. Major trends in the forecast period include rising adoption of urban e-mobility, growth of shared mobility platforms, demand for lightweight electric vehicles, expansion of lithium-ion battery usage, increasing focus on last-mile connectivity.

Growing awareness of pollution is expected to drive the expansion of the electric bike and scooter market going forward. Pollution refers to the release of harmful substances into the environment, including air, water, and soil, which can adversely affect human health, wildlife, and ecosystems and disrupt ecological balance. Awareness of pollution has increased due to extensive media coverage of environmental issues, which highlights the negative impacts of pollution on health and ecosystems and encourages individuals and governments to take proactive measures. Electric bikes and scooters contribute to pollution reduction by generating zero tailpipe emissions, decreasing dependence on fossil fuels, and supporting cleaner and more sustainable urban transportation solutions. For example, in September 2025, according to the Emissions Database for Global Atmospheric Research (EDGAR), a Belgium-based intergovernmental research organization, global greenhouse gas emissions reached approximately 53.2 Gt CO₂-equivalent in 2024, representing a 1.3% increase from 2023. In addition, fossil CO₂ emissions, accounting for 74.5% of total greenhouse gas emissions, continued to rise, underscoring the ongoing contribution of fossil-fuel-based transport and energy systems to global pollution. Therefore, increasing awareness about pollution is driving the growth of the electric bike and scooter market.

Major companies in the electric bike and scooter market are focusing on product innovation to deliver reliable and advanced solutions to customers. One such innovation includes the development of Astroinno batteries, which are lithium-manganese-iron-phosphate (LMFP) batteries designed for use in electric bikes and scooters, offering high energy density and extended cycle life. For instance, in May 2023, Gotion High Tech Co., Ltd., a China-based battery manufacturer, introduced the Astroinno AV battery with a reported range of up to 1,000 km on a single charge. This battery represents progress toward nickel-cobalt-manganese (NCM)-free battery technology and incorporates internal insulation materials capable of withstanding temperatures up to 1,200°C, along with support for 1,500 fast-charging cycles completed in approximately 18 minutes.

In September 2023, MTF Enterprises Ltd., a UK-based mobility solutions provider, acquired EMU Electric Bike Company for an undisclosed amount. Through this acquisition, MTF Enterprises aims to expand its presence in the electric bike market by integrating EMU’s electric bicycle technologies and product portfolio, strengthening its offerings for sustainable urban mobility. EMU Electric Bike Company is a UK-based firm specializing in the design and manufacture of electric bicycles and related mobility solutions.

Major companies operating in the electric bikes and scooters market report include Bayerische Motoren Werke AG, Honda Motor Co. Ltd., Mahindra & Mahindra Limited, Govecs AG, Yadea Group Holdings Ltd., Giant Manufacturing Co. Ltd., AIMA Technology Co. Ltd., Trek Bicycle Corporation, Dongguan Tailing Electric Vehicle Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Energica Motor Company S.p.A., Gogoro Inc., KTM AG, Yamaha Motor Co. Ltd., Vmoto Limited, Zero Motorcycles Inc., Tianjin Golden Wheel Group Co. Ltd., Hero Electric Vehicles Pvt. Ltd., Terra Motors Corporation, Aventon Bikes, Z Electric Vehicle Corporation, Fuji-Ta Bicycle Co. Ltd., Prodeco Technologies LLC, Zhejiang Luyuan Electric Vehicle Co. Ltd., Amego Electric Vehicles Inc., Shandong Incalcu Electric Vehicle Co. Ltd., Cowboy Electric Bikes, Keego Mobility Co. Ltd., Rad Power Bikes, Volt Motorcycles Ltd., Karbon Kinetics Limited, Raleigh Bicycle Company, Piaggio & C. SpA, Ather Energy Private Limited, Evoke Electric MotorcyclesLtd., Lightning Motorcycle Corp., Derby Cycle Holding GmbH, Riese & Müller GmbH, Stromer Electric Bikes.

Asia-Pacific was the largest region in the electric bikes and scooters market in 2025. This region is expected to remain the largest during the next five years. The regions covered in the electric bikes and scooters market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electric bikes and scooters market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric bikes and scooters market consist of sales of e-moped and e-cycles. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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