The global mountain e-bikes market size was estimated at USD 7.52 billion in 2023 and is expected to grow at a CAGR of 9.4% from 2024 to 2030.The rising popularity of outdoor recreation and adventure sports is a major factor contributing to the market growth. Mountain e-bikes, with their electric assist features, allow riders of various skill levels to tackle challenging terrains and explore new trails with ease. This accessibility is attracting a broader demographic, including older riders and those new to mountain biking. The trend of combining exercise with adventure is driving demand for mountain e-bikes, contributing to the market's expansion.

Technological advancements in e-bike components, such as motors, batteries, and drivetrains, are a major driving force in the mountain e-bikes market. High-performance mid-drive motors and efficient battery systems now offer increased torque, extended range, and smoother power delivery, making mountain e-bikes more capable on rugged terrains. Innovations such as smart sensors and integrated displays enhance rider experience by providing real-time data and ride customization options. These advancements are pushing the boundaries of what mountain e-bikes can achieve, making them more appealing to both novice and experienced riders. As technology continues to evolve, it is expected to further fuel the market growth.

Mountain E-bikes Market Segmentation

• The chain drive segment led the market and accounted for 91.9% of the global revenue in 2023. The chain drive segment remains the dominant force in the mountain e-bikes market due to its proven durability, strength, and cost-effectiveness.
• The lithium-ion batterysegment accounted for the largest revenue share in 2023. The lithium-ion battery segment continues to dominate the mountain e-bikes market due to its superior performance characteristics, including higher energy density, longer lifespan, and lighter weight compared to other battery types.
• The pedal-assisted segment accounted for the largest revenue share in 2023. The growth of the segment can be attributed to its ability to provide a more natural biking experience while offering the benefits of electric assistance.
• The mountain e-bikes market in North America is poised for significant growth from 2024 to 2030. The increasing consumer interest in sustainable transportation and outdoor recreational activities is a significant factor contributing to the growth of the market. 

Global Mountain E-bikes Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global mountain e-bikes market report based on drive, battery, propulsion, and region:

• Drive Outlook (Revenue, USD Billion, 2018 - 2030)
  • Belt Drive
  • Chain Drive
    
    
• Battery Outlook (Revenue, USD Billion, 2018 - 2030)
  • Lead-acid Battery
  • Lithium-ion Battery
    
    
• Propulsion Outlook (Revenue, USD Billion, 2018 - 2030)
  • Pedal-assisted
  • Throttle-assisted
    
    
• Regional Outlook (Revenue, USD Billion, 2018 - 2030)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Latin America
    • Brazil 
  • Middle East & Africa (MEA)
    • UAE
    • Kingdom of Saudi Arabia (KSA)
    • South Africa

Key Mountain E-bikes Companies:

The following are the leading companies in the mountain e-bikes market. These companies collectively hold the largest market share and dictate industry trends.

• Bulls Bikes USA
• Accell Group
• Cycling Sports Group, Inc.
• Heybike Inc.
• Husqvarna E-Bicycles
• Magnum Electric Bikes
• RANDRIDE
• Heybike Inc.
• Pedego
• Polygon Bikes

Order a free sample PDF of the Mountain E-bikes Market Intelligence Study, published by Grand View Research.