Global Market Size, Forecast, and Trend Highlights Over 2025-2037
E-Bike Battery Market size was valued at USD 12.94 billion in 2024 and is likely to cross USD 64.85 billion by 2037, expanding at more than 13.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of E-bike battery is estimated at USD 14.39 billion.
The word 'e-bike' applies to bicycles with compact and rechargeable electric motor batteries to support the cyclist's power source. The market growth is further driven by increasing urbanization, rapid economic development, increased tourist operation, and high fuel costs. Moreover, the rising demand for e-bikes as an environmentally friendly and effective transportation option is driving the market growth.