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E-Trekking Bike Market Share

Report ID: GMI8503
Published Date: Mar 2024
Report Format: PDF

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E-Trekking Bike Market Share

Trek Bicycles and Giant Bicycles hold a significant market share of over 13% in the e-trekking bike industry. Trek, with its Bosch-powered e-bike systems, and Giant, with its SyncDrive technology, offer riders efficient and powerful electric assistance, contributing to an enhanced trekking experience. The brands have also excelled in creating a diverse range of e-trekking models, catering to various rider preferences and terrains.

The well-established global distribution networks and robust after-sales services contribute to customer satisfaction. Both Trek and Giant leverage their strong brand recognition and reputation for producing reliable bicycles to instill trust among consumers, fostering brand loyalty.

E-Trekking Bike Market Companies

Major companies operating in the e-trekking bike industry are:

Accell Group
Brompton Bicycle Ltd
Giant Bicycles
Merdia Bikes
Polygon Bikes
Rad Power Bikes, LLC
Scott Sports Sa
Specialized Bicycle Components
Tern
Trek Bicycles

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of e-trekking bike reached USD 12.6 billion in 2023 and is set to register over 3% CAGR from 2024-2032, owing to the innovative product launches from leading companies and rising focus on sustainability and efficiency worldwide.

The Li-ion segment exceeded over USD 9 billion in 2023, due to their widespread adoption for offering higher energy density, longer lifespan, and faster charging capabilities.

Asia Pacific market held over 60% share in 2023, attributed to rapid urbanization, coupled with increasing environmental concerns in the region.

Accell Group, Brompton Bicycle Ltd, Giant Bicycles, Merdia Bikes, Polygon Bikes, Rad Power Bikes, LLC, Scott Sports Sa, Specialized Bicycle Components, Tern, and Trek Bicycles, are some of the major e-trekking bike companies worldwide.