Press Release Description
Australia E-Bike Market at an Estimated CAGR of 16.37% During 2025-30
The Australia E-Bike Market size was valued at around USD878.9 million in 2024 and is expected to reach USD2,182.66 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 16.37% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The Australian E-Bike Industry is significantly growing due to several factors, including the high demand for sustainable products, the increasing environmental concerns, and the need to reduce carbon emissions rates by increasing the adoption of green transportation, the government support, and the integration of smart features such as Artificial Intelligence (AI) , LED touchscreen, IoT, etc. One of the most prominent growth factors is the rising health concerns among Australians. It is leading to a high preference for E-Bikes among Australians for their daily commuting.
Additionally, the country's government is proactively supporting the adoption of electric vehicles, including E-Bikes, in the country by drafting various policies such as the E-Micro Mobility Action Plan, NSW Rebate Scheme, and many more, along with substantial investments in the expansion of the manufacturing units of E-bikes in the country. Also, the government is providing subsidies and rebates to the customers and manufacturers to increase the sales of E-Bikes, and is significantly investing in the infrastructural development of the roads and cycle pathways. All these factors are creating ample growth opportunities for the market players in the Australia E-Bike Industry.
Moreover, the lithium-ion batteries are mainly being integrated into these E-Bikes to increase their efficiency due to the high energy density, long lifespan, and low maintenance as compared to other kinds of batteries. Thus, lithium-ion batteries are leading the market segment. Furthermore, the market is gaining traction due to the adoption of the latest technologies, such as smart locks, GPS trackers, smart touchscreens, and mobile connectivity features, etc., to increase their efficiency, automation, and customer experience. These innovations are actively shaping the market’s growth. However, the high upfront costs, along with additional import prices and highly expensive batteries, are restraining market growth. Also, the country is facing a shortage of manufacturing facilities for the automotive industry, including E-Bikes, and is highly dependent on E-Bike imports from other countries, thus hampering the local market’s growth, further states the research report, “Australia E-Bike Market Analysis, 2025.”
Australia E-Bike Market Segmentation Analysis
E-Bike in High Demand for Personal Use in Australia
Based on the end-user, the market is further bifurcated into Personal Use, Commercial, Government Sector, Rental Service Providers, and Others (Off-Road, Trekking, etc.). Among these, the personal use segment holds the largest market share of more than 35%. The dominance is due to the high traffic congestion in Australia, especially in busy areas like Sydney, Melbourne, etc. Such high traffic in these areas has increased the demand for faster, easier, and sustainable options, such as vehicles, including E-bikes. Consequently, most Australian citizens are using E-bikes for their daily commuting. Thus, the personal use segment is leading the market segment in the Australian E-Bike Market.
Additionally, the high traffic congestion can cause billions of dollars’ loss in the country every year, which is expected to rise continuously in the country. It is highly recommended to increase the number of e-bikers for their personal use in Australia to save time and costs. Also, the Australian population is highly health-conscious and uses E-Bikes as they are associated with some physical benefits. This is leading to the fact that E-bikes are mainly being utilized for personal use in Australia.
Lithium-Ion Battery holds the Largest Market Share
Lithium-ion battery is leading the segment, accounting for more than 80% market share. The supremacy is due to the related benefits such as a high energy-density output, longer shelf-life, and low-maintenance, which is a cost-effective alternative, contributing to the market’s growth. Many local assemblers and distributors such as BYD, Tesla, MANLY, etc. are increasing their production capacity due to the rising demand to promote the adoption of EVs, E-Bikes in the country.
Also, the government is allocating significant funds for the expansion of manufacturing units for lithium-ion batteries by drafting various policies and initiatives such as the Battery Breakthrough Program, the National Battery Strategy, and many more. These efforts are contributing to the dominance of this segment in the Australian e-bike market.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Giant Manufacturing Co., Groupe Sportif Pty Ltd., SHIMANO INC., Specialized Bicycle Components, Trek Bicycle Corporation, Merida Industry Co., Ltd., Pedal Electric, Norco Bicycles, Dyson Bikes, and Others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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