The US E-Bike Market was valued at USD 2.2 billion in 2024 and is estimated to grow at a CAGR of 7.9% to reach USD 4.5 billion by 2034. This momentum is driven by various influential factors such as expanding urban development, rising interest in eco-friendly mobility, and an increasing focus on health and active lifestyles. Many US cities are gaining traction in e-bike usage thanks to enhanced bike-friendly infrastructure and environmentally conscious urban initiatives. Government-led efforts, including rebate incentives and financial support programs, are playing a pivotal role in boosting consumer adoption. These schemes are gaining popularity for both personal use and commercial fleet deployments, particularly in densely populated and suburban zones.
The pandemic also contributed to the shift, moving people away from public transit toward individualized and outdoor modes of transportation like e-bikes. With that behavioral change holding steady in the post-pandemic era, the industry has seen consistent demand for recreational and commuter use. Enhanced battery performance, lightweight frames, and integrated tech features are all helping drive enthusiasm for e-bikes, making them a preferred choice for short-distance travel and daily commuting across diverse consumer segments.
The lithium-ion battery segment held a 48% share and generated USD 1 billion in 2024. Lithium-ion batteries are dominating the battery space in electric bikes due to their superior energy storage, longer lifecycle, and fast-charging capability. A wide range of high-end and mid-range e-bike models across the country now use lithium-ion as the standard power source. These batteries are lightweight and can be easily incorporated into intelligent systems, making them ideal for use in both high-performance and commuter e-bikes. Their increasing integration in smart mobility applications has elevated their appeal among urban commuters and outdoor enthusiasts alike, particularly in the growing recreational and daily-use categories.
Electric bikes powered within the 250W to 750W range segment held 62% share in 2024 and is projected to grow at a CAGR of 7% through 2034. This power band offers the right mix of speed, torque, and regulatory compliance for everyday riders, making it a preferred option for a wide audience. These motors are frequently used in hybrid, city, and cruiser models due to their ability to deliver optimal performance for both new and seasoned users. E-bikes within this wattage class are well-suited for city commuting, suburban travel, and recreational riding, as they meet performance classifications that balance power with safety regulations in the US.
California E-Bike Market held a 53% share in 2024, generating USD 528.8 million. The state leads in electric bike adoption thanks to its supportive environmental regulations, commitment to clean mobility, and proactive transportation policies. It also benefits from a high concentration of urban centers, where dense traffic and rising fuel costs are pushing residents to seek smarter alternatives. Through initiatives that promote micromobility adoption and financial support programs, California has created a favorable climate for electric bike growth. Urban areas across the state are experiencing a shift in commuter preferences, as people turn to e-bikes to reduce their carbon footprint and escape high auto-related expenses.
Firms such as Ride1UP, Rad Power Bikes, Cannondale, Aventon Bikes, Juiced Bikes, Trek Bicycle, and Lectric eBikes have maintained their edge through innovative product offerings, expanded distribution, and competitive pricing strategies. These brands continue to set benchmarks in quality, performance, and user experience, helping drive consumer trust and brand loyalty. Many leading brands are investing in R&D to develop lighter frames, enhance battery efficiency, and integrate IoT-enabled systems such as GPS tracking and mobile app connectivity. Several companies have expanded their presence through e-commerce platforms and exclusive retail stores, making their products more accessible across states. Strategic partnerships with logistics companies, municipalities, and micromobility service providers are also helping boost fleet sales.
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The pandemic also contributed to the shift, moving people away from public transit toward individualized and outdoor modes of transportation like e-bikes. With that behavioral change holding steady in the post-pandemic era, the industry has seen consistent demand for recreational and commuter use. Enhanced battery performance, lightweight frames, and integrated tech features are all helping drive enthusiasm for e-bikes, making them a preferred choice for short-distance travel and daily commuting across diverse consumer segments.
The lithium-ion battery segment held a 48% share and generated USD 1 billion in 2024. Lithium-ion batteries are dominating the battery space in electric bikes due to their superior energy storage, longer lifecycle, and fast-charging capability. A wide range of high-end and mid-range e-bike models across the country now use lithium-ion as the standard power source. These batteries are lightweight and can be easily incorporated into intelligent systems, making them ideal for use in both high-performance and commuter e-bikes. Their increasing integration in smart mobility applications has elevated their appeal among urban commuters and outdoor enthusiasts alike, particularly in the growing recreational and daily-use categories.
Electric bikes powered within the 250W to 750W range segment held 62% share in 2024 and is projected to grow at a CAGR of 7% through 2034. This power band offers the right mix of speed, torque, and regulatory compliance for everyday riders, making it a preferred option for a wide audience. These motors are frequently used in hybrid, city, and cruiser models due to their ability to deliver optimal performance for both new and seasoned users. E-bikes within this wattage class are well-suited for city commuting, suburban travel, and recreational riding, as they meet performance classifications that balance power with safety regulations in the US.
California E-Bike Market held a 53% share in 2024, generating USD 528.8 million. The state leads in electric bike adoption thanks to its supportive environmental regulations, commitment to clean mobility, and proactive transportation policies. It also benefits from a high concentration of urban centers, where dense traffic and rising fuel costs are pushing residents to seek smarter alternatives. Through initiatives that promote micromobility adoption and financial support programs, California has created a favorable climate for electric bike growth. Urban areas across the state are experiencing a shift in commuter preferences, as people turn to e-bikes to reduce their carbon footprint and escape high auto-related expenses.
Firms such as Ride1UP, Rad Power Bikes, Cannondale, Aventon Bikes, Juiced Bikes, Trek Bicycle, and Lectric eBikes have maintained their edge through innovative product offerings, expanded distribution, and competitive pricing strategies. These brands continue to set benchmarks in quality, performance, and user experience, helping drive consumer trust and brand loyalty. Many leading brands are investing in R&D to develop lighter frames, enhance battery efficiency, and integrate IoT-enabled systems such as GPS tracking and mobile app connectivity. Several companies have expanded their presence through e-commerce platforms and exclusive retail stores, making their products more accessible across states. Strategic partnerships with logistics companies, municipalities, and micromobility service providers are also helping boost fleet sales.
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Table of Contents
Chapter 1 Methodology
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2024
Chapter 5 Market Estimates & Forecast, by Product, 2021-2034 ($Bn, Units)
Chapter 6 Market Estimates & Forecast, by Battery, 2021-2034 ($Bn, Units)
Chapter 7 Market Estimates & Forecast, by Motor, 2021-2034 ($Bn, Units)
Chapter 8 Market Estimates & Forecast, by Propulsion, 2021-2034 ($Bn, Units)
Chapter 9 Market Estimates & Forecast, by Ownership, 2021-2034 ($Bn, Units)
Chapter 10 Market Estimates & Forecast, by Power Output, 2021-2034 ($Bn, Units)
Chapter 11 Market Estimates & Forecast, by Application, 2021-2034 ($Bn, Units)
Chapter 12 Market Estimates & Forecast, by Distribution Channel, 2021-2034 ($Bn, units)
Chapter 13 Market estimates & forecast, by Price Range, 2021-2034 ($Bn, Units)
Chapter 14 Market Estimates & Forecast, by Region, 2021-2034 ($Bn, units)
Chapter 15 Company Profiles
Companies Mentioned
The companies profiled in this US E-Bike market report include:- Aventon Bikes
- Cannondale
- Giant Manufacturing Co.
- Lectric eBikes
- Magnum Bikes
- Merida Industry
- Pedego Electric Bikes
- Rad Power Bikes
- Riese & Müller
- Trek Bicycle
- Yadea Group
- Juiced Bikes
- Ride1 UP
- Super73
- VanMoof
- Bosch eBike Systems
- Brose Drive Systems
- Panasonic
- Shimano
- Yamaha Motor
- Amazon and E-commerce Platforms
- Dick's Sporting Goods
- Local Bike Shop Networks
- Performance Bicycle
- REI Co-op
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 230 |
Published | July 2025 |
Forecast Period | 2024 - 2034 |
Estimated Market Value ( USD | $ 2.2 Billion |
Forecasted Market Value ( USD | $ 4.5 Billion |
Compound Annual Growth Rate | 7.9% |
Regions Covered | United States |
No. of Companies Mentioned | 26 |