E-Bike Market Size to Reach USD 87.2 Billion by 2032
The growing transition toward sustainable and efficient transportation is propelling the Electric Bike Market into a new era of innovation and scale. With advancements in battery technology, rising fuel prices, and increasing urban congestion, e-bikes have become an ideal solution for eco-friendly commuting. According to MarketsandMarkets, the Electric Bike Market Size is projected to grow from USD 54.1 billion in 2025 to USD 87.2 billion by 2032 , reflecting a strong CAGR of around 7.0% during the forecast period. This rapid expansion highlights the global shift toward greener, smarter, and more affordable mobility solutions. Global Trends Shaping the Electric Bike Market The Electric Bike Market Share is largely dominated by the Asia Pacific region, particularly China, which continues to lead in manufacturing, adoption, and infrastructure development. Countries like India, Japan, and South Korea are also emerging as significant markets, supported by government incentive...