Electric Bike Kit Market Demand, Size and Outlook 2034
Global Electric Bike Kit Market Growth, Size, Trends Analysis - By Bike, By Component, By Sales Channel, By Class - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Sep-2025 | Report ID: AMIN2571 | Pages: 1 - 225 | Formats*: |
| Category : Automotive & Transportation | |||
Electric Bike Kit Market Introduction and Overview
According to SPER Market Research, the Global Electric Bike Kit Market is estimated to reach USD 3.18 billion by 2034 with a CAGR of 9.27%.
The report includes an in-depth analysis of the Global Electric Bike Kit Market, including market size and trends, product mix, Applications, and supplier analysis. The market for electric bike kits was estimated to be worth USD 1.31 billion in 2024, and it is expected to grow at a compound annual growth rate (CAGR) of more than 9.27% between 2025 and 2034. This growth is attributed to the rise in urbanization and traffic congestion, which necessitates more efficient transportation solutions. Additionally, increasing fuel prices are steering consumers towards more economical alternatives, while a growing emphasis on health and fitness is promoting cycling.
By Bike Insights
The market for electric bikes is categorized into cargo, trekking, and city/urban segments. In 2024, the city/urban segment led the market, driven by an increasing demand for practicality and convenience. As more individuals adopt eco-friendly transportation options, urban residents are opting for electric bike kits to easily traverse city environments. These kits, which can be installed with ease and convert conventional bikes into electric models, provide an affordable and accessible means of sustainable commuting, making them the favored option in vibrant urban settings.
By Component Insights
In terms of components, the electric bike kit market is segmented into motor, battery, throttle or pedal-assist system, display and control unit, and others. The motor segment captured the largest share of the market in 2024, attributed to the essential function of motors in improving bike performance. Cyclists are in search of robust motors that deliver speed and efficiency, leading to a heightened demand for kits focused on motor capabilities. Beyond leisurely rides and adventurous off-road excursions, motors cater to a wide array of biking preferences. The increasing impact of motor quality on the overall electric biking experience is expected to further enhance the growth of this segment.
Regional Insights
The Asia Pacific region led the electric bike kit market in 2024 due to a number of factors, including increased environmental consciousness, rapid urbanisation, and population growth. From bustling cities to tranquil landscapes, this region is adopting electric bike kits as a viable and eco-friendly transportation alternative. The growing governmental support and a cultural shift towards sustainability are anticipated to further drive the demand for these products in the region.
Market Competitive Landscape
Bafang Electric (Suzhou) Co., Ltd. and Cyzle Bike Store command a notable share of the electric bike kit market. These companies are strategically expanding their presence in the electric bike kit sector through innovative product developments. By focusing on research and development, they are designing cutting-edge kits that cater to a variety of consumer preferences. Additionally, these organizations are utilizing effective marketing strategies to extend their reach to a broad audience.
Recent Developments:
- Bikee stated in June 2023 that its lightweight e-bike kit would be produced on a wide scale. This electric bicycle conversion kit has a weight of 4.0 kg (approximately 8.8 lbs). It is available in several versions, including an EU-compliant model with a 250 W motor and a 250 Wh battery, as well as a premium version featuring a 1,000 W 120 Nm motor combined with an 840 Wh power pack.
- In September 2023, Swytch launched Go, a new electric bike conversion kit created in response to the challenges posed by the rising cost of living.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Bike, By Component, By Sales Channel, By Class |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Bafang Electric (Suzhou) Co., Ltd, BionX International, Cyzle Bike Store, Dillenger E-Bikes AU, eBikeling, EUNORAU E-BIKE, EVELO Electric Bicycles, Grin Technologies, Swytch Technology Ltd, Tongsheng. |
Key Topics Covered in the Report
- Global Electric Bike Kit Market Size (FY’2021-FY’2034)
- Overview of Global Electric Bike Kit Market
- Segmentation of Global Electric Bike Kit Market By Bike (Cargo, Trekking, City/Urban)
- Segmentation of Global Electric Bike Kit Market By Component (Motor, Battery, Throttle or Pedal-Assist System, Display and Control Unit)
- Segmentation of Global Electric Bike Kit Market By Sales Channel (OEMs, Aftermarket)
- Segmentation of Global Electric Bike Kit Market By Class (Class 1, Class 2, Class 3, Custom/High speed)
- Statistical Snap of Global Electric Bike Kit Market
- Expansion Analysis of Global Electric Bike Kit Market
- Problems and Obstacles in Global Electric Bike Kit Market
- Competitive Landscape in the Global Electric Bike Kit Market
- Details on Current Investment in Global Electric Bike Kit Market
- Competitive Analysis of Global Electric Bike Kit Market
- Prominent Players in the Global Electric Bike Kit Market
- SWOT Analysis of Global Electric Bike Kit Market
- Global Electric Bike Kit Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Electric Bike Kit Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electric Bike Kit Market
7. Global Electric Bike Kit Market, By Bike (USD Million) 2021-2034
- 7.1. Cargo
- 7.2. Trekking
- 7.3. City/urban
8. Global Electric Bike Kit Market, By Component (USD Million) 2021-2034
- 8.1. Motor
- 8.1.1. Hub motor
- 8.1.2. Mid-drive motor
- 8.2. Battery
- 8.2.1. SLA
- 8.2.2. Li-ion
- 8.2.3. NiMH
- 8.3. Throttle or Pedal-Assist System
- 8.4. Display and Control Unit
- 8.5. Others
9. Global Electric Bike Kit Market, By Sales Channel (USD Million) 2021-2034
- 9.1. OEMs
- 9.2. Aftermarket
10. Global Electric Bike Kit Market, By Class (USD Million) 2021-2034
- 10.1. Class 1
- 10.2. Class 2
- 10.3. Class 3
- 10.4. Custom/High speed
11. Global Electric Bike Kit Market, (USD Million) 2021-2034
- 11.1. Global Electric Bike Kit Market Size and Market Share
12. Global Electric Bike Kit Market, By Region, (USD Million) 2021-2034
- 12.1. Asia-Pacific
- 12.1.1. Australia
- 12.1.2. China
- 12.1.3. India
- 12.1.4. Japan
- 12.1.5. South Korea
- 12.1.6. Rest of Asia-Pacific
- 12.2. Europe
- 12.2.1. France
- 12.2.2. Germany
- 12.2.3. Italy
- 12.2.4. Spain
- 12.2.5. United Kingdom
- 12.2.6. Rest of Europe
- 12.3. Middle East and Africa
- 12.3.1. Kingdom of Saudi Arabia
- 12.3.2. United Arab Emirates
- 12.3.3. Qatar
- 12.3.4. South Africa
- 12.3.5. Egypt
- 12.3.6. Morocco
- 12.3.7. Nigeria
- 12.3.8. Rest of Middle-East and Africa
- 12.4. North America
- 12.4.1. Canada
- 12.4.2. Mexico
- 12.4.3. United States
- 12.5. Latin America
- 12.5.1. Argentina
- 12.5.2. Brazil
- 12.5.3. Rest of Latin America
13. Company Profile
- 13.1. Bafang Electric (Suzhou) Co., Ltd
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. BionX International
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. Cyzle Bike Store
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. Dillenger E-Bikes AU
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. eBikeling
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. EUNORAU E-BIKE
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. EVELO Electric Bicycles
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. Grin Technologies
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
- 13.9. Swytch Technology Ltd
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
- 13.10. Tongsheng
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
- 13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Electric Bike Kit Market is projected to reach USD 3.18 billion by 2034, growing at a CAGR of 9.27% during the forecast period.
Electric Bike Kit Market grew in Market size from 2025. The Market is expected to reach USD 3.18 billion by 2034, at a CAGR of 9.27% during the forecast period.
Electric Bike Kit Market CAGR of 9.27% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Electric Bike Kit Market size is USD 3.18 billion from 2025 to 2034.
Electric Bike Kit Market is covered By Bike, By Component, By Sales Channel, By Class
Asia Pacific is anticipated to have the highest Market share in the Electric Bike Kit Market.
Bafang Electric (Suzhou) Co., Ltd, BionX International, Cyzle Bike Store, Dillenger E-Bikes AU, eBikeling, EUNORAU E-BIKE, EVELO Electric Bicycles, Grin Technologies, Swytch Technology Ltd, Tongsheng.
The report includes an in-depth analysis of the Electric Bike Kit Market, including market size and trends, product mix, Applications, and supplier analysis
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