세계의 전동 카고 바이크 시장 : 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Electric Cargo Bikes Market was valued at USD 1.1 billion in 2024 and is estimated to grow at a CAGR of 9.6% to reach USD 2.7 billion by 2034. This growth is fueled by increasing demand for urban logistics, supportive eco-friendly transportation regulations, the booming e-commerce sector, and the need for affordable last-mile delivery solutions in densely populated, emission-controlled cities worldwide. Electric cargo bikes offer a nimble, space-saving alternative to bulky vehicles, helping to reduce traffic congestion in crowded urban centers. By replacing larger transport modes, these bikes contribute to smoother traffic flow, making them a key player in solving urban mobility challenges.

The focus on sustainability and environmental consciousness is a significant factor driving the electric cargo bikes market. As businesses and consumers seek to lower their carbon footprints, these zero-emission bikes provide an eco-friendly way to transport goods without the pollution caused by traditional vehicles. The rapid growth of online shopping has significantly increased the demand for efficient last-mile delivery solutions, especially in crowded urban areas where traffic congestion and limited parking space pose major challenges. Electric cargo bikes offer a perfect answer by providing a compact, agile, and eco-friendly transportation option that can easily navigate narrow streets and reach destinations faster than larger delivery vehicles. Their ability to reduce delivery times while lowering operational costs makes them highly attractive to logistics companies and retailers aiming to improve customer satisfaction.

In 2024, the two-wheeled electric cargo bike segment led the market, capturing about 58% of the share, and is expected to maintain a CAGR of 9.1% during 2025-2034. Two-wheeled bikes dominate due to their high maneuverability and speed, enabling operators to navigate congested city streets easily. Their compact design allows parking in tight spaces and smooth movement through heavy traffic, making them especially popular among courier companies, food delivery providers, and environmentally conscious consumers. Additionally, two-wheeled models tend to be more cost-effective and easier to maintain compared to three- and four-wheeled alternatives.

The lithium-ion battery segment held a 77% share in 2024 and is projected to grow at a CAGR of 10% between 2025 and 2034. Lithium-ion batteries are preferred for electric cargo bikes because of their exceptional energy density, lightweight structure, and long lifespan compared to options like lead-acid or nickel-metal hydride batteries. Their high energy-to-weight ratio enables longer rides on a single charge without sacrificing performance. These batteries also support rapid charging and demonstrate durability under frequent use, which is crucial for logistics operators engaged in daily deliveries.

Germany Electric Cargo Bikes Market held a 43% share, generating USD 254.6 million in 2024. The country's leadership stems from progressive environmental regulations, government incentives, and growing enthusiasm for sustainable urban transportation. Cities with proactive emission reduction initiatives have witnessed widespread adoption of electric cargo bikes for both commercial and personal purposes. Infrastructure enhancements such as dedicated bike lanes and low-emission zones have accelerated this trend. Moreover, subsidy programs offering up to 25% off the purchase price of electric cargo bikes have significantly boosted market growth.

Key players in the Electric Cargo Bikes Industry include Riese & Muller, Accell Group, Blix Bikes, Urban Arrow, Mahindra & Mahindra, Tern Bicycles, Giant Bicycles, Butchers & Bicycles, Rad Power Bikes, and Yuba Bicycles. To strengthen their market positions, companies are focusing on product innovation by enhancing battery performance, increasing load capacity, and improving bike agility. Strategic collaborations and partnerships with logistics firms and e-commerce companies are also common, expanding market reach and application fields. Many manufacturers emphasize sustainability by sourcing eco-friendly materials and reducing manufacturing footprints, aligning with growing consumer demand for green transport. Additionally, expanding after-sales services and developing modular designs for easier maintenance help companies boost customer satisfaction and retention.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Key trends for market estimates
• 1.3 Forecast model
• 1.4 Primary research & validation
  • 1.4.1 Primary sources
  • 1.4.2 Data mining sources
• 1.5 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry 360⁰ synopsis, 2021 - 2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Supplier landscape
  • 3.2.1 Component suppliers
  • 3.2.2 OEMs (Original Equipment Manufacturers)
  • 3.2.3 Assembly & integration firms
  • 3.2.4 Fleet & logistics partners
  • 3.2.5 Battery manufacturers
• 3.3 Profit margin analysis
• 3.4 Trump administration tariffs
  • 3.4.1 Impact on trade
    • 3.4.1.1 Trade volume disruptions
    • 3.4.1.2 Retaliatory measures by other countries
  • 3.4.2 Impact on the industry
    • 3.4.2.1 Price Volatility in key materials
    • 3.4.2.2 Supply chain restructuring
    • 3.4.2.3 Offering cost implications
  • 3.4.3 Key companies impacted
  • 3.4.4 Strategic industry responses
    • 3.4.4.1 Supply chain reconfiguration
    • 3.4.4.2 Pricing and Offering strategies
  • 3.4.5 Outlook and future considerations
• 3.5 Technology & innovation landscape
• 3.6 Price trends
• 3.7 Cost breakdown analysis
• 3.8 Patent analysis
• 3.9 Key news & initiatives
• 3.10 Regulatory landscape
• 3.11 Impact forces
  • 3.11.1 Growth drivers
    • 3.11.1.1 Increase in demand for electric cargo bikes to reduce traffic congestion
    • 3.11.1.2 Surge in sustainability and environmental awareness to reduce carbon emission
    • 3.11.1.3 Rise of e-commerce and last mile delivery
    • 3.11.1.4 Increasing use in commercial and municipal operations
    • 3.11.1.5 Low operating and maintenance costs
  • 3.11.2 Industry pitfalls & challenges
    • 3.11.2.1 Lack of infrastructure and challenges related to charging
    • 3.11.2.2 High initial cost
• 3.12 Growth potential analysis
• 3.13 Porter's analysis
• 3.14 PESTEL analysis

Chapter 4 Competitive Landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
• 4.3 Competitive positioning matrix
• 4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product, 2021 - 2034 ($Mn, Units)

• 5.1 Key trends
• 5.2 Two-wheeled
• 5.3 Three-wheeled
• 5.4 Four-wheeled

Chapter 6 Market Estimates & Forecast, By Battery, 2021 - 2034 ($Mn, Units)

• 6.1 Key trends
• 6.2 Lithium-ion
• 6.3 Lead-based
• 6.4 Nickel-based

Chapter 7 Market Estimates & Forecast, By End Use, 2021 - 2034 ($Mn, Units)

• 7.1 Key trends
• 7.2 Courier and parcel services
• 7.3 Service delivery
• 7.4 Personal use
• 7.5 Large retail suppliers
• 7.6 Waste & municipal services
• 7.7 Others

Chapter 8 Market Estimates & Forecast, By Range, 2021 - 2034 ($Mn, Units)

• 8.1 Key trends
• 8.2 Less than 50 km
• 8.3 More than 50 km

Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2034 ($Mn, Units)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 UK
  • 9.3.2 Germany
  • 9.3.3 France
  • 9.3.4 Italy
  • 9.3.5 Spain
  • 9.3.6 Russia
  • 9.3.7 Nordics
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 South Korea
  • 9.4.5 ANZ
  • 9.4.6 Southeast Asia
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
• 9.6 MEA
  • 9.6.1 UAE
  • 9.6.2 Saudi Arabia
  • 9.6.3 South Africa

Chapter 10 Company Profiles

• 10.1 Accell Group
• 10.2 Amsterdam Bicycle Company
• 10.3 Askoll EVA
• 10.4 Aventon Bikes
• 10.5 Blix Bikes
• 10.6 Bullitt Bikes
• 10.7 Butchers & Bicycles
• 10.8 CERO
• 10.9 DOUZE Factory SAS
• 10.10 Giant Bicycles
• 10.11 Mahindra & Mahindra
• 10.12 Moustache Bikes
• 10.13 Pedego Electric Bikes
• 10.14 Rad Power Bikes
• 10.15 Riese & Muller
• 10.16 Tern Bicycles
• 10.17 Urban Arrow (Pon Holdings BV)
• 10.18 Worksman Cycles
• 10.19 Xtracycle Cargo Bikes
• 10.20 Yuba Bicycles