GITNUX MARKETDATA REPORT 2024

Electric Bikes Statistics in 2024

Statistic 1

"65% of bike trips would be replaced by e-bike trips according to a study if people had access to an e-bike."

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Statistic 2

"On average, e-bikes have a range of 40-100 miles per charge, depending on battery capacity and usage."

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Statistic 3

"By 2030, it is estimated that there will be 300 million e-bikes on the road globally."

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Statistic 4

"In 2020, over 3 million e-bikes were sold in Germany."

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Statistic 5

"E-bikes reduce CO2 emissions by 12g per passenger-kilometer compared to public transit."

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Statistic 6

"In 2020, Europe accounted for the largest market share, with over 30% of the global e-bike sales."

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Statistic 7

"The cost of e-bikes ranges from $500 to over $5,000 depending on features and performance."

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Statistic 8

"The United States saw a 145% increase in e-bike sales between 2019 and 2020."

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Statistic 9

"E-bike batteries typically last between 3-5 years before needing replacement."

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Statistic 10

"In 2021, nearly 5 million electric bikes were sold in the European Union."

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Statistic 11

"Bosch is one of the leading manufacturers, supplying motors and batteries for various e-bike brands."

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Statistic 12

"E-bike riders are 17% more likely to commute by bike than traditional bike riders."

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Statistic 13

"China is the largest producer of e-bikes, contributing to over 90% of the global production."

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Statistic 14

"In 2020, e-bikes were the fastest-growing segment within the cycling industry."

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Statistic 15

"Class 1 e-bikes make up about 55% of the US market share."

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Statistic 16

"The growing trend of bike-sharing schemes has significantly boosted e-bike usage in urban areas."

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Statistic 17

"The Netherlands recorded an e-bike sales growth of 38% in 2020."

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Statistic 18

"The e-bike market is expected to register a CAGR of 7.9% from 2021 to 2028."

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Statistic 19

"The average e-bike owner rides their bike 89% more compared to traditional bike owners."

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Statistic 20

"The global e-bike market size was valued at USD 23.89 billion in 2020."

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