Canada Electric Bike Market Size & Outlook, 2025-2033

Canada Electric Bike Market Insights

Based on Deep Market Insights findings, the Canada Electric Bike Market reached USD 4.63 Billion in 2024 and is estimated to attain USD 12.85 Billion by 2033.
From 2025 to 2033, the Canada market is expected to grow at a steady CAGR of 12.02%.
Within the Application category, Commuter dominated in 2024 in terms of market size contribution.
Over the forecast period, Cargo is forecasted to deliver the fastest growth, positioning it as the most lucrative Application segment.

Canada accounted for 9.8% of the global Electric Bike Market size in 2024.
By 2033, United States is expected to remain the top global market in terms of size.
Within North America, United States is forecasted to dominate the regional Electric Bike Market size by 2033.
United States will be the fastest-growing market in North America, projected to achieve USD 4985.82 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 4.63 Billion
Market Size In 2033	USD 12.85 Billion
Largest segment	Commuter
Units	Revenue in USD Billion
CAGR	12.02% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends