A study released by Electric Bikes Worldwide Reports (EBWR) claims that there are 200 million electric bicycles ridden today, and projects 2 billion by 2050.
EBWR estimates worldwide electric bike sales for 2014 at 36.881 million, and predicts sales of 100 million in 2035. China is of course the main producer and consumer of electric bicycles: its production went from 1.6 million in 2002 to 36.950 million in 2013.
Sales in Japan increased by 16% from 2013 to 2014, reaching 444,000 units. In Europe, sales are steadily increasing too:
Various estimates put US sales of electric bikes for 2013 at between 130,000 and 170,000 units. According to EBCW, the US market is growing in a similar fashion to Europe a decade ago.
Most interestingly, EBCW states that the e-bikes business may have entered a paradigm shift, where “auto makers and auto suppliers are entering the two-wheel business with expanded technology and marketing options”.
The study also notes that the electric scooter and motorcycle market is minuscule for now, but is optimistic for the future: “some manufacturers are learning that customers are willing to pay more for high speed and longer range so EBWR is now bullish on electric scooter and motorcycle sales going forward”.