Market Size of middle-east e-bike Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 64.81 Million |
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Market Size (2029) | USD 105.78 Million |
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Largest Share by Propulsion Type | Pedal Assisted |
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CAGR (2024 - 2029) | 10.30 % |
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Largest Share by Country | United Arab Emirates |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Middle-east E-bike Market Analysis
The Middle-east E-bike Market size is estimated at 64.81 million USD in 2024, and is expected to reach 105.78 million USD by 2029, growing at a CAGR of 10.30% during the forecast period (2024-2029).
64.81 Million
Market Size in 2024 (USD)
105.78 Million
Market Size in 2029 (USD)
45.65 %
CAGR (2017-2023)
10.30 %
CAGR (2024-2029)
Largest Segment by Propulsion Type
82.57 %
value share, Pedal Assisted, 2023
The motor on e-bikes with pedal help delivers much power, allowing riders to pedal more swiftly and easily. As a result, pedal assistance is the largest propulsion type.
Largest Segment by Application Type
75.48 %
value share, City/Urban, 2023
City/Urban is the most common application type for e-bikes due to their use in everyday commutes, logistics, e-bike rental services, and other activities.
Largest Segment by Battery Type
69.34 %
value share, Lithium-ion Battery, 2023
The rising usage of lithium-ion batteries in e-bicycles is due to factors like cutting-edge technology, higher range options, long battery lifespan, and quick charging features.
Largest Country
43.83 %
value share, United Arab Emirates, 2023
Well-built infrastructure, several startups, growing adoption of green mobility solutions, and increasing consumer interest in e-bikes have made the UAE the largest e-bike market across the Middle Eastern region.
Leading Market Player
4.56 %
market share, Specialized Bicycle Components, 2022
A diversified product line, strong distribution channel, good customer service support, and brand awareness among consumers make Trek Bicycle Corporation the largest company across the Middle East.
- Increasing environmental awareness, rising traffic congestion, increased awareness about personal fitness, and cycling promotion programs are the main growth factors of the Middle Eastern e-bike market. People are rethinking using bicycles as their major mode of transportation due to a lack of parking spots and increasing traffic congestion. Customers are increasingly turning toward online distribution channels to purchase bicycles, owing to a number of factors such as doorstep delivery, easy replacement, and the accessibility to a wide range of goods from the comfort of home.
- The COVID-19 outbreak in the Middle East boosted the demand for bicycles. People use bicycles for commuting and for other activities like exercising and hiking. The increased public awareness of the health advantages of pedaling is the main demand driver. Consumers want vehicles that are safer, more comfortable, and ecologically responsible. The demand for such vehicles for daily commutes has increased due to the advent of shared mobility firms.
- In the coming years, e-bikes will likely become more popular in the Middle East. Ride-sharing firms in the United Arab Emirates are diversifying their product offerings to include renting and selling options for electric bicycles. By 2029, there may be 39.9 million customers engaged in e-commerce activities. E-cargo bikes may become more well-known in the coming years. Mountain e-bikes are also in great demand as the interest in hiking and leisurely activities is growing. Due to these various factors, the market for e-bikes in the region is expected to grow rapidly.
Understand The Key Trends Shaping This Market
