Top 10 Electric Bike Market Players Size, Share & Global Forecast 2026

Posted by Rushikesh Pise on March 12th, 2020

The global electric bike (E-bike) market size is projected to reach USD 46.04 billion by the end of 2026. Recent advancements in lithium-ion batteries will contribute to market growth. According to a report published by Fortune Business Insights, titled “Global Electric Bike (E-Bike) Market Size, Share & Industry Analysis, By Propulsion Type (Pedal Assist, Throttle), By Battery Type (Lead Acid, Lithium-Ion, Nickle Metal Hydride, and Others) and Regional Forecasts, 2019-2026,” the market was worth USD 7.68 billion in 2018 and will exhibit a CAGR of 24.5% during the forecast period, 2019-2026.

Electric bikes are gaining rapid popularity across the world primarily accounting to the fact that they cater to environment-friendly needs. The advancements in parts of electric bike such as batteries, motors, and performances will fuel the demand for the product. The increasing concerns surrounding warming have created the need for sustainable products that can generate optimum efficacies. The increasing prices of conventional fuel have contributed to the rising adoption of electric bikes across the world. The increasing investment in the research and development of zero-emission bikes will aid the growth of the market in the coming years.

List of the leading companies that are operating in the global electric bike (E-bike) market are;

•          Giant Manufacturing Co. Ltd
•          Energica Motor Company
•          Robert Bosch Gmbh
•          Accell Group N.V
•          Derby Cycle Holding Gmbh
•          Jiangsu Xinri E-Vehicle Co. Ltd
•          Panasonic Corp
•          Bionx International Corporation
•          Mahindra & Mahindra Ltd
•          Prodeco Technologies LLC
•          Yamaha Motor Co. Ltd
•          Trek Bicycle Corporation
•          SHIMANO INC.
•          Pedego Electric Bikes
•          Revolt Motors         
•          Zero Motorcycles, Inc.