E-bike Subscription Platform Market Size, Share, and Growth Forecast for 2025 - 2032

Market Study on E-bike Subscription Platforms: Rise in Demand for eMobility and Flexible Subscription Plans to Drive Market Growth

Industry: IT and Telecommunication

Published Date: March-2025

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 250

Report ID: PMRREP32930

Report Price

$ 4995*

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E-Bike Subscription Platform Market Outlook (2025-2032)

The e-bike subscription platform market was valued at US$ 2,511.4 Mn in 2024, and by the end of 2032, it is expected to have grown to US$ 9,048.7 Mn. The market for e-bike subscription platforms is predicted to grow at a CAGR of 17.4% for the forecast period.

An electric bike is a bicycle with an integrated electric motor drive mechanism and a battery that generates electricity for propulsion or assistance. There are a variety of electric bikes on the market, ranging from lightweight bikes with a small motor to more powerful bikes with enough power to completely operate with the throttle.

The e-bike, along with fleet management software, financing, and maintenance, is all integrated into a comprehensive subscription platform. The primary driver of the global e-bike subscription platform market's expansion is the growing popularity of e-bikes, driven by rising fuel costs. Additionally, shifting lifestyles and expanding urban populations are expected to further fuel market demand. Moreover, increasing concerns about environmental pollution present a significant opportunity for the adoption of e-bike subscription services.

The majority of nations are moving away from fuel-based modes of transportation in favour of electric ones. E-bike rental companies have a huge market in India, which is still in the early stages of adopting electric vehicles. Since the majority of people are now aware of pollution and traffic congestion, India is looking for a cleaner mode of transportation to address the issue. Electric bikes are a versatile, eco-friendly mode of transportation. Customers regard them as an excellent alternative to smart cars, scooters, and public transportation. Due to their smaller size, they reduce traffic congestion, provide increased speed with less effort, and have a number of health benefits.

In terms of the regional market landscape, North America held a leading market share of 32.4% in the global landscape in 2024 and is expected to retain its leading position throughout the forecast period. Meanwhile, demand for e-bike subscription platforms in the European region will hold around 23.6% of the market in 2024.

e-bike subscription platform market outlook, 2019-2032

Attributes Key Insights

E-Bike Subscription Platform Market Size (2025)

US$ 2,953.2 Mn
Projected Market Value (2032) US$ 9,048.7 Mn
Global Market Growth Rate (2025-2032) 17.4%
Monthly Subscription Segment Market Share (2024) 38.6%
U.S. Market Share (2024) 18.6%
City/Urban Bike Segment Market Share (2024) 57.3%

Which Factors Are Influencing the Adoption of E-Bike Subscription Platform Market?

“Strict Government Rules and Regulations”

The e-bike subscription platform service providers are expected to specially focus on the problems associated with the current e-bike subscription platform process, and this is expected to create lucrative business opportunities for them. Several companies have already emerged as leaders in the e-bike subscription platform market. The strict government rules and regulations throughout the world are adopting the growth of e-bike market by evading strict automobile emissions regulations. By reducing the number of harmful particles released by automobiles, the objective is to purify the air.

  • In January 2020, Mumbai Metropolitan Region Development Authority signed an (MoU) Memorandum of Understanding with Yulu Bikes Pvt. Ltd. to provide e-bike services to the people that visit BKC (Bandra Kurla Complex) on a daily basis.
  • In March 2021, Cannondale had announced the launch of Adventure Neo range of commuter e-bikes, the lauched e-bike had four different versions with a batter range of 400 -625 watt-hour.
  • In October 2023, the Delhi government approved the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme, mandating that all aggregators transition to an all-electric fleet by 2030. This policy also permits the operation of electric bike taxi services, reflecting a strong governmental push towards sustainable mobility solutions.

In U.S. E-Bike Subscription Platform Market Advantageous?

“Increasing customer shift towards Online Platforms”

The U.S. is the most lucrative market for e-bike subscription platform in the North American region and is expected to maintain this position across the forecast period as well. The demand for e-bike subscription platform in this country is witnessing significant development in the market in e-commerce sector; and the manufactures are shifting to online channels to allow them from new and current business to acquire into untapped market and expands customer base by reaching out to the potential customers without having to set up a physical store. So the customer preference for online shopping has also moved the manufacturers to sell products on e-commerce platforms.

In 2024, the U.S. e-bike subscription platform market helped the country to account for a dominant share of 18.6% in the global marketplace.

In Japan which factor will grow the Demand for E-Bike Subscription Platform Market?

“High Investment and Government Participation”

Japan is expected to emerge as a highly lucrative market owing to the next generation in battery technology. To produce e-bikes that are more innovative and efficient, manufacturers are making significant investments in strategic partnerships and new product development. The common mobility activity is bike leasing, which is adopting the industry growth. Japan will actively promote carbon neutrality by 2050. Incentives, subsidies, and eco-friendly policies are encouraging individuals and businesses to adopt electric mobility solutions, boosting demand for e-bike subscriptions. Also, several start-ups and different are expanding their market presence by catering to the demand for bikes on lease.

How Technological Advancement Allow German to be a Strong Market for E-Bike Subscription Platforms?

“Technological Advancement in Germany shows opportune market for E-Bike Subscription Platform”

Germany’s push for green mobility, supported by government incentives and smart city initiatives, aligns with e-bike subscriptions. Digital payment systems, AI-driven route optimization, and smart docking stations enhance convenience and adoption among urban commuters. With high digital literacy and widespread acceptance of mobility-as-a-service (MaaS), German consumers are more inclined to use e-bike subscriptions. Contactless payments, app-based subscriptions, and flexible rental models drive adoption.

Furthermore, the development of lightweight electrical energy storage systems and emerging new markets will influence the market's growth rate and further boost the e-bike subscription platform market. These factors of the e-bike subscription platform market in Germany held a market share of 11.6% in 2024.

Category-wise Insights

In Bike Type Segment City/Urban Has the Highest Adoption in E-Bike Subscription Platform Market?

The market is divided into City/Urban, MTB, Trekking/Touring, Cargo, and Others. The city/urban accounted for 57.3% of the global market share and is expected to hold that position in the coming years. These models are designed for short to medium-distance travel, offering a practical solution for daily commuting in congested city environments. Their lightweight design and agility make them ideal for navigating through traffic and accessing areas where larger vehicles might be restricted. This practicality has led to their widespread adoption in e-bike rental services across various cities.

For instance, in February 2025, the Directorate of Urban Transport in India launched a Public-Private Partnership (PPP) initiative to introduce e-bikes and e-cycles for rent across 15 districts, including Kanpur, Lucknow, and Varanasi. This initiative aims to provide eco-friendly and accessible travel options, improve urban mobility, and reduce congestion in cities.

The rise of e-commerce and food delivery services has further boosted the demand for city e-bikes. For instance, in April 2023, Yulu partnered with platforms such as Zomato to provide e-scooters to delivery partners, enhancing efficiency and reducing delivery times in urban areas. This trend underscores the versatility of city e-bikes in meeting various urban transportation needs.

Why Monthly Revenue Model for E-Bike Subscription Platforms Hold the Largest Market Share

Based on revenue model, the market is segmented into the monthly, quarterly, annual, pay-as-you-go and Others. In 2024, the monthly revenue model accounted for 38.6% of the global market share and is expected to maintain their position in the coming years. The monthly subscription model makes e-bikes more accessible by allowing users to pay in smaller, manageable installments instead of making a hefty upfront investment. This affordability factor is a game-changer, especially for those hesitant to spend thousands on an e-bike without knowing if it truly fits their lifestyle.

Users can easily pause, adjust, or cancel their subscription based on their changing needs. This is particularly useful in cities where commuting patterns shift due to seasons, job changes, or personal preferences. For example, Wombi offers e-bike subscriptions starting at $135 per month, covering maintenance and support. This allows users to try an e-bike without a long-term commitment, making it easier to transition to a car-free lifestyle without the risks of ownership.

e-bike subscription platform market insights and key trends

Competitive Landscape

E-bike subscription platform providers compete by differentiating their services through pricing, flexibility, and customer experience. Many offer tiered subscription plans, including pay-as-you-go and long-term rental options, to attract a broader customer base. Additionally, leading companies are collaborating and partnering with other organizations to enhance service efficiency and deliver more comprehensive mobility solutions.

  • In March 2025, Moby e-bikes, in partnership with Wicklow County Council, is introducing a new e-bike sharing service in Bray with an initial rollout of 100 bikes. The initiative replaces the recently discontinued Bolt e-bike program and is designed to enhance sustainable urban mobility. Users can conveniently access the e-bikes via the Moby Move app, with expansion plans for Greystones, Arklow, and Wicklow town based on demand.
  • In January 2025, Forest secured £13 million in new funding as part of the first close of its Series B round. The investment includes £3 million from B8 Venture Partners (B8VP) and up to £10 million in asset-backed financing from Fintex Capital. With this funding, the company is set to introduce three new e-bike models, expanding its product lineup.
  • In February 2024, Electric bike-sharing platform Yulu Bikes raised $19.25 million (?160 crore) in equity funding. The capital infusion, facilitated through the issuance of shares, was contributed by its key strategic investors, Magna and Bajaj Auto Ltd. This funding will help the company expand its fleet, introduce operations in new cities, and further enhance its technology, ensuring a smoother and more efficient riding experience.

Recent developments related to key players providing e-bike subscription platform Market have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.

Business Transcription Industry Report Scope

Attribute Details

Forecast Period

2025-2032

Historical Data Available for

2019-2024

Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East and Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • GCC Countries

Key Market Segments Covered

  • Bike Type
  • Revenue Model
  • End User
  • Region

Key Companies Profiled

  • Lime
  • Hellobike
  • Citi Bike
  • MOBY BIKES LTD
  • Forest
  • Zoomo
  • Zygg E-Bikes
  • Yulu
  • COO Rides
  • Swapfiets 
  • Dash Rides
  • CYCLE 
  • HURRECANE BIKES
  • WOMBI

Pricing

Available upon Request

Key Segments of E-Bike Subscription Platform Market Industry Research

By Bike Type:

  • City/Urban
  • MTB
  • Trekking/Touring
  • Cargo
  • Others

By Revenue Model:

  • Monthly
  • Quarterly
  • Annual
  • Pay-as-you-go
  • Others

By End User:

  • Commuters
  • Tourists
  • Corporate Employees
  • Commercial
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East and Africa

To know more about delivery timeline for this report Contact Sales

About Author

Sayali Mali

Sayali Mali

Senior Associate Consultant

Sayali is a Senior Associate Consultant in the information technology and semiconductor divisions at Persistence Market Research. With over three years of specialized experience in technology mapping, software, and AI applications in the agriculture sector, she provides in-depth market insights that propel strategic decision-making. Her analytical expertise and industry knowledge support clients in navigating complex technological developments and the latest market trends.

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Companies Covered in This Report

  • Lime
  • Hellobike
  • Citi Bike
  • MOBY BIKES LTD
  • Forest
  • Zoomo
  • Zygg E-Bikes
  • Yulu
  • COO Rides
  • Swapfiets
  • Dash Rides
  • CYCLE 
  • HURRECANE BIKES
  • WOMBI

Frequently Asked Questions

In 2024, demand for e-bike subscription platform accounts for a valuation of 2,511.4 Mn Mn.

The global e-bike subscription platform market is estimated to advance at a phenomenal 17.4% CAGR through 2033.

The market for e-bike subscription platform is forecasted to climb to US$ 9,048.7 Mn by 2032end.

In 2024, the U.S. held a dominant 18.6% share of the global market.

 

 

 

 

North America leads with a 32.4% share, driven by U.S. growth in online platforms and green mobility.

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