The market for electric bicycles in the United States is projected to grow significantly between 2023 and 2029. The market for speed pedelecs is expected to grow particularly strongly with a compound annual growth rate of 8.15 percent. Meanwhile, e-bikes with pedal or throttle assist are expected to experience an annual compound growth rate of just under six percent.
Projected compound annual growth rate of the U.S. e-bike market from 2023 to 2029, by propulsion type
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Mordor Intelligence. (April 20, 2023). Projected compound annual growth rate of the U.S. e-bike market from 2023 to 2029, by propulsion type [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1379568/united-states-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence. "Projected compound annual growth rate of the U.S. e-bike market from 2023 to 2029, by propulsion type." Chart. April 20, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1379568/united-states-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence. (2023). Projected compound annual growth rate of the U.S. e-bike market from 2023 to 2029, by propulsion type. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1379568/united-states-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence. "Projected Compound Annual Growth Rate of The U.S. E-bike Market from 2023 to 2029, by Propulsion Type." Statista, Statista Inc., 20 Apr 2023, https://www.statista.com/statistics/1379568/united-states-e-bike-market-cagr-by-propulsion-type/
Mordor Intelligence, Projected compound annual growth rate of the U.S. e-bike market from 2023 to 2029, by propulsion type Statista, https://www.statista.com/statistics/1379568/united-states-e-bike-market-cagr-by-propulsion-type/ (last visited November 19, 2024)
Projected compound annual growth rate of the U.S. e-bike market from 2023 to 2029, by propulsion type [Graph], Mordor Intelligence, April 20, 2023. [Online]. Available: https://www.statista.com/statistics/1379568/united-states-e-bike-market-cagr-by-propulsion-type/