E-bikes Market is projected to reach $88.3 billion by 2030

o Radiation E-bikes are a growing range of shared micromobility options in cities across Europe, theU.S., and Asia

Global XXX Market 2023-2030 Meticulous Research a leading global market research company, published a research report titled, E-bikes Marketby Propulsion Type (Throttle-assisted and Dual Mode), Class, Power Output, E-bike Type, Battery Type, Motor Type (Hub Motors andMid-drive Motors), Structure, Charging Type, Charging Mode, and End User - Global Forecast to 2030. The e-bikes market is experiencing a significant surge, projected to reach $88.3 billion by 2030 with a robust CAGR of 11.9% from 2023 to 2030. This growth is driven by several key factors including the increasing adoption of e-bikes for shorter commutes, rising environmental concerns, and supportive government policies and regulations. Additionally, the growing health awareness among consumers and the increasing adoption of e-bikes in emerging countries are creating substantial market growth opportunities. Rising Environmental Concerns The climate crisis is accelerating at an unprecedented rate, with air pollution posing a significant threat to public health. Epidemiological studies have highlighted numerous detrimental health consequences of air pollution, including it being a potential environmental risk factor for neurological diseases and neuropathology. As technology advances, there has been a gradual paradigm shift from traditional vehicles that run on fuels such as petroleum and CNG to electric vehicles (EVs). E-bikes are becoming a popular micromobility option in cities across Europe, the U.S., and Asia for short-distance travel. They offer a sustainable solution to combat air and noise pollution. Government agencies, including the Environmental Protection Agency (EPA), have started introducing limits on nitrogen oxide and carbon dioxide emissions, pushing automakers towards the adoption of electric vehicles and micromobility solutions. Countries in the APAC region are leading the charge in promoting climate-friendly transportation modes. For instance, Thailand aims to produce 53,000 electric motorcycles by 2025 and is planning a trade-in scheme to make electric vehicles more affordable. Indonesia has plans to phase out conventional motorcycles starting in 2025. These initiatives are expected to significantly boost the demand for EVs, including e-bikes, to reduce harmful pollutants and improve air quality. Market Segmentation Propulsion Type: Dual-Mode E-Bikes Leading the Charge Based on propulsion type, the e-bike market is segmented into throttle-assisted e- bikes and dual-mode e-bikes. The dual-mode e-bikes segment is expected to register the highest CAGR during the forecast period. These e-bikes offer the ability to ride farther and faster than traditional bicycles, improving fitness and ease of operation. Page 1 of 4 Meticulous Research| sales@meticulousresearch.com

Global XXX Market 2023-2030 Class: Class 2 E-Bikes Set to Dominate The e-bike market is segmented into class 1, class 2, and class 3. The class 2 segment is projected to register the highest CAGR during the forecast period, driven by the rising adoption of e-bikes for short commutes and growing government initiatives in electric mobility. Power Output: The 250 W 750 W Segment on the Rise Based on power output, the e-bike market is segmented into below 250 W, 250 W 750 W, and more than 750 W. The 250 W 750 W segment is expected to register the highest CAGR during the forecast period. This growth is driven by the increasing adoption of e-bikes in emerging economies, favorable incentives and tax benefits, and increasing private investments in the e-bikes segment. E-Bike Type: Adventure E-Bikes Gaining Popularity Based on e-bike type, the market is segmented into city e-bikes, adventure e-bikes, sports e-bikes, delivery/cargo e-bikes, and other e-bike types. The adventure e-bikes segment is projected to register the highest CAGR during the forecast period, driven by the growing interest in mountain biking and fitness. Battery Type: Lithium-Ion Batteries Leading the Market The e-bikes market is segmented into lithium-ion batteries, sealed lead acid batteries, lithium-ion polymer batteries, and other battery types. The lithium-ion batteries segment is projected to register the highest CAGR during the forecast period, driven by increasing demand for electric vehicles, improved battery technology, and favorable government policies and regulations. Motor Type: Hub Motors in the Spotlight Based on motor type, the e-bikes market is segmented into hub motors and mid- drive motors. The hub motors segment, including geared and gearless hub motors, is expected to register the highest CAGR during the forecast period, driven by increased performance efficiency, range, and global sales of e-bikes. Structure: Foldable E-Bikes on the Rise The e-bikes market is segmented into foldable and non-foldable e-bikes. The foldable e-bikes segment is expected to register the highest CAGR during the forecast Page 2 of 4 Meticulous Research| sales@meticulousresearch.com

Global XXX Market 2023-2030 period, driven by their compact frame, ease of commuting, and lesser parking space requirements. Charging Type: Wireless Charging Gaining Traction The e-bikes market is segmented into connector charging and wireless charging. The wireless charging segment is projected to register the highest CAGR during the forecast period, driven by rising demand for EV fast-charging infrastructure and increasing implementation of wireless charging infrastructure in Europe. Charging Mode: Swappable Batteries Driving Innovation The e-bikes market is segmented into plug-in charging, swappable battery, and solar-powered. The swappable battery segment is expected to register the highest CAGR during the forecast period, driven by battery swapping services that reduce EV acquisition costs and increase battery lifespan. End User: Business Organizations Leading the Charge Based on end user, the e-bikes market is segmented into government agencies, academic institutes/universities, business organizations, micromobility service providers, commercial & delivery services, individuals, and other end users. The business organizations segment is projected to register the highest CAGR during the forecast period, driven by increasing consumer demand for fuel-efficient and zero tailpipe emission vehicles, government incentives, tax rebates, declining battery costs, and rising fuel prices. Regional Analysis: North America as the Fastest Growing Market Geographically, the e-bikes market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to register the highest CAGR during the forecast period, driven by rising consumer interest in purchasing e-bikes for tax exemptions and increasing adoption in developing economies for micromobility. Download @ https://www.meticulousresearch.com/download-sample-report/cp_id=5555 Sample Report Here Key Market Players Key players in the e-bikes market include Yamaha Motor Corporation, Giant Manufacturing Co., Ltd., Accell Group, Aima Technology Group Co., Ltd., Trek Bicycle Corporation, and Specialized Bicycle Components, Inc. These companies are focusing on expanding their product portfolios, enhancing their production capabilities, and entering into strategic partnerships to strengthen their market position. Page 3 of 4 Meticulous Research| sales@meticulousresearch.com

Global XXX Market 2023-2030 Conclusion The e-bikes market is poised for significant growth, driven by rising environmental concerns, supportive government policies, and increasing health awareness among consumers. The market's segmentation highlights key areas of growth, from dual-mode e-bikes to lithium-ion batteries and foldable structures. With North America emerging as a fast-growing regional market, the future of e-bikes looks promising. Key questions answered in the report Which are the high-growth market segments based on propulsion type, class, power output, e-bike type, battery type, motor type, structure, charging type, charging mode, end user, and geography? What was the historical market for the e-bikes market? What are the market forecasts and estimates for the period 2023 2030? What are the major drivers, restraints, opportunities, challenges, and trends in the e- bikes market? Who are the major players, and what shares do they hold in the e-bikes market? How is the competitive landscape in the e-bikes market? What are the recent developments in the e-bikes market? What strategies are adopted by the major players in the e-bikes market? What are the key geographic trends, and which are the high-growth countries? Who are the local emerging players in the global e-bikes market, and how do they compete with the other players? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on research Us: Research Sales- +1-646-781-8004 LinkedIn- https://www.linkedin.com/company/meticulous- Page 4 of 4 Meticulous Research| sales@meticulousresearch.com