How big is the U.S. e-bikes market?

The U.S. e-bikes market size was estimated at USD 1.98 billion in 2022 and is expected to reach USD 2.59 billion in 2023.

What is the U.S. e-bikes market growth?

The U.S. e-bikes market is expected to grow at a compound annual growth rate of 15.6% from 2023 to 2030 to reach USD 7.16 billion by 2030.

Which segment accounted for the largest U.S. e-bikes market share?

The pedal-assisted segment accounted for the largest share of over 85% of the U.S. e-bikes market in 2022. The surge in demand for pedal-assisted e-bikes among the youth is anticipated to contribute to market growth.

Who are the key players in the U.S. e-bikes market?

Some key players operating in the U.S. e-bikes market include Trek Bicycle Corporation, Aventon Bikes, Rad Power Bikes, Inc., Lectric eBikes, Blix Electric Bikes, KHS Bicycles, Rambo Bikes, Juiced Bikes, Ride1UP, Cannondale

What are the factors driving the U.S. e-bikes market?

Rising demand for e-bikes not only for recreational activities but also for daily commute purposes, growing environmental concern for reducing carbon emissions, and increasing supportive schemes by the U.S. government in order to encourage adoption of the e-bikes are some of the key factors driving the market growth.