Mountain E-bikes Market Size, Growth & Strategic Imperatives

Mountain E-bikes Market Growth Drivers, Challenges and Opportunities

The mountain e-bikes market size is anticipated to grow from USD 8.89 billion in 2025 to USD 20.01 billion by 2034, with a compound annual growth rate (CAGR) of 9.44% during the forecast period from 2025 to 2034.

Unlock Infinite Advantages: Subscribe to Annual Membership

Introduction

The mountain e-bikes market is a crucial segment of the automotive and transportation industry. This industry deals in manufacturing and distribution of electrically-powered mountain bikes across the globe. There are different types of drives used in these e-bikes consisting of belt drive and chain drive. These e-bikes are powered by different batteries consisting of lead-acid battery and lithium-ion battery. It is available in the market by different propulsion such as pedal-assisted and throttle-assisted. The growing concerns of environmental emission in numerous parts of the world has contributed to the industrial expansion. This market is anticipated to rise significantly with the growth of the electric vehicle industry in different parts of the world.

• According to the Our World in Data, in 2003, the global CO2 emission in 2003 was 27.67 billion tons that increased to 37.79 billion tons in 2023.

Highlights of the Mountain E-bikes Market

• North America dominated the mountain e-bikes market due to the rising demand for throttle-assisted e-bikes along with increased preference of mountain bikes.
• Asia Pacific is expected to grow with the highest CAGR due to the growing popularity of outdoor activities coupled with technological advancements in battery technology.
• The chain drive segment held the largest share of the market due to its enhanced durability, strength and cost-effectiveness.
• The lithium-ion battery segment led the market due to its several advantages including fast charging, long life, low self-discharge, maintenance free and some others.

Mountain E-bikes Market Global Trends

• According to the European Commission, the global GHG emissions in 2023 reached 53.0 Gt CO2eq.
• According to the Our World in Data, the CO2 emission of China in 2023 was 11.90 million tons.
• According to the World Meteorological Organization, the total carbon dioxide (CO2) emissions is projected to be 41.6 billion tons in 2024.
• According to the Australian Government, the CO2 emission of March 2024 is projected to be 440.2 million tons in the country.

Industry Leader Announcement

In July 2024, Christina Zhang, Senior Director of Corporate Strategy at DJI made an announcement stating that, “This powerful and compact e-bike drive system embodies our pursuit of technological excellence and opens up exciting new possibilities for DJI as a leading tech brand in the outdoor realm. We are thrilled to bring a new proposition where we expect our expertise can enhance the user experience.”

Competitive Landscape

The mountain e-bikes market is a fragmented industry with the presence of numerous dominant players. Some of the prominent market players in this industry comprises of Bulls Bikes USA, Accell Group, Cycling Sports Group, Inc., Heybike Inc., Husqvarna E-Bicycles and some others. These market players are investing heavily for the development of mountain e-bikes to cater the demand of the consumers.

• According to the Husqvarna Group, the revenue of Europe region in 2022 was 15001 million SEK in 2022 that increased to 16,106 million SEK in 2023.

Market Segmentations

By Drive

• Belt Drive
• Chain Drive

By Battery

• Lead-acid Battery
• Lithium-ion Battery

By Propulsion

• Pedal-assisted
• Throttle-assisted

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • KSA
  • UAE
  • South Africa