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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Pedelecs, scooters, motorcycles, and other battery-powered bikes with an electric motor for propulsion are known as electric bikes or e-bikes. Depending on their setup, e-bikes can be partially pedalled or totally powered by electricity.
E-bikes are effective commuting options that help minimise carbon footprints. The electric bike market is growing due to rising customer demand for environmentally friendly, energy-saving, and fuel-efficient commuting options that have a smaller environmental effect.
Furthermore, factors such as a preference for healthy lives, a growing fitness trend, and an increase in recreational activity preference, particularly among the young, are likely to support the growth of the electric bike market throughout the forecast period.
Furthermore, government regulations encouraging the use of e-bikes increased investment in R&D, and the growing popularity of all-terrain e-bikes for commuting and recreational activities in remote areas are expected to create a number of lucrative opportunities in the global electric bike market in the near future.
The Canada Electric Motorcycle Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
A new business in Canada At the present Consumer Electronics Show, Damon Motors introduced the HyperFighter, their newest electric motorbike.Three trim levels are available for the two-wheeler: Unlimited 15, Unlimited 20, and Colossus.
It has a minimalist design, a 200hp electric motor, and a 20kWh battery with a range of 240 kilometres.
The CoPilot safety suite, Shift ergonomic system, and Damon's HyperDrive technology, which employs a custom-made, centrally-located battery linked with the electric motor to save weight, are among the high-tech features.
The Unlimited 15 trim of the Damon HyperFighter has a 15KWh battery and a 150hp engine, while the Unlimited 20 and Colossus variants have a 20kWh battery and a 200hp motor. The top-of-the-line Colossus model has a peak speed of 241 km/h and can go up to 200 km/h.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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