Canada E-bike Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

Canada E-bike Market Analysis

The Canada E-bike Market size is estimated at 39.41 million USD in 2025, and is expected to reach 86.27 million USD by 2029, growing at a CAGR of 21.63% during the forecast period (2025-2029).

The Canadian e-bike market is experiencing a significant transformation driven by technological advancements and changing consumer preferences. The market has seen a notable shift towards more efficient and sustainable battery technologies, with lithium-ion batteries dominating 86.25% of the market share in 2023. This transition is reshaping the industry landscape as manufacturers focus on developing lighter, more powerful, and longer-lasting e-bikes. The integration of smart features, including GPS tracking, mobile connectivity, and advanced battery management systems, is becoming increasingly common across new model launches, reflecting the industry's evolution towards more sophisticated product offerings.

Government support and infrastructure development are playing crucial roles in market expansion. In 2023, the Transportation and Environment Ministry of Canada awarded USD 200,000 to Vancouver's pilot project for establishing an e-bike micro hub, demonstrating the government's commitment to sustainable urban mobility solutions. Provincial initiatives are also gaining momentum, with British Columbia leading the way by offering substantial incentives, including rebates of up to CAD 1,700 for cargo e-bikes. These initiatives are complemented by the development of dedicated cycling infrastructure and the implementation of comprehensive regulations for e-bike charging networks.

The retail landscape for e-bikes is undergoing significant expansion, with manufacturers adopting diverse distribution strategies to enhance market penetration. Vancouver has emerged as a hub for e-bike retail, hosting one of the most extensive networks of e-bike outlets in British Columbia. Major retailers are increasingly incorporating e-bikes into their product portfolios, while specialized e-bike stores are expanding their presence across urban centers. This retail evolution is accompanied by the growth of online sales channels and direct-to-consumer models, providing consumers with greater access to a wide range of e-bike options. E-bike sales in Canada are expected to rise as these channels expand.

The industry is witnessing a strong focus on sustainable urban mobility solutions, with e-bikes being integrated into broader transportation planning initiatives. Cities across Canada are incorporating e-bikes into their long-term transportation strategies, as exemplified by Vancouver's Transportation 2040 plan, which specifically identifies electric bicycles as a key component of future mobility solutions. The conventional bicycle market remains robust, with sales reaching 1,927,000 units in 2022, providing a strong foundation for growth in the e-bike market. Manufacturers are responding to this trend by developing specialized e-bike models designed for various use cases, from urban commuting to cargo delivery, reflecting the diverse needs of Canadian consumers. Canadian e-bike companies are at the forefront of this innovation, driving the market forward.

Canada E-bike Market Trends

Canada's e-bike adoption rates show a steady increase, indicating a growing awareness and acceptance of e-bikes

• The demand for bicycles has increased significantly across Canada over the past few years. The benefits of an electronic bicycle over conventional bicycles have sparked a surge in demand for e-bikes across Canada. Ease of riding, pollution-free travel, time savings, and cost efficiency are some of the major factors contributing to the adoption of e-bikes over other vehicles for daily commuting. As a result, e-bike adoption increased by 0.70% in 2019 compared to 2018.
• The rise of COVID-19 cases and the avoidance of public and shared transportation have positively impacted the sales and usage of personal vehicles, including e-bikes. People prefer e-bikes to other modes of transportation because they are one of the cheapest and most carefree vehicles, with very little maintenance cost compared to other vehicles. Such factors have resulted in the sales growth of e-bicycles, which has caused the adoption rate of e-bikes among consumers in Canada to increase by around 0.70% in 2020 over 2019.
• The growing awareness of e-bikes among Canadians is changing their attitudes, with factors such as effort savings, no fuel expenses, eco-friendliness, a cheap mode of transportation, and exercise benefits driving the growth of e-bikes. The country witnessed an e-bike adoption rate of 1.30% in 2022 over 2021, which is projected to grow further during the forecast period.

Canada demonstrates a gradual and consistent rise in the percentage of commuters traveling 5-15 km daily, reflecting stable commuting habits

• Over the past few years, the demand for bicycles in Canada has increased significantly as residents of various cities steadily adopted the bicycle culture. However, commuter travel of 5-15 km is still relatively low compared to other modes of transportation. In 2019, most people preferred traveling by car and public transportation, and less than 5% of the population opted to commute by bicycle to nearby places within 5-15 km.
• The pandemic strongly and positively affected the demand for bicycles in Canada. Due to COVID-19-related concerns, more Canadians opted to cycle or walk to work than ride public transportation. Due to the pandemic, the use of public transportation decreased by 10%. However, daily bicycle commuters registered a growth of more than 3% in 2020 over 2019. The introduction of e-bikes with advanced features and higher battery ranges has encouraged consumers to opt for bicycles, thus increasing the number of commuters in Canada within the 5-15 km travel range in 2021 over 2020.
• Despite the relaxation in pandemic-related restrictions, people continued to use bicycles as a mode of commute as they developed a habit during the pandemic. Many people commute daily by bicycle between offices, businesses, and marketplaces within a range of 5-15 km. More people are adopting bicycles due to their health benefits, carbon-free journeys, and time-saving advantages. These factors are anticipated to increase the use of bicycles for commuting between 5 and 15 km in Canada during the forecast period.

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

Segment Analysis: Propulsion Type

Pedal-Assisted Segment in Canada E-bike Market

The pedal-assisted segment dominates the Canadian e-bike market, commanding approximately 80% market share in 2024. This significant market position is primarily attributed to the segment's favorable regulatory environment, as pedal-assisted e-bikes do not require registration or licensing in Canada. The segment's popularity is particularly strong among the working population who appreciate the ability to exercise while commuting without compromising their daily schedules. The integration of advanced features, improved battery technology, and enhanced motor efficiency has further strengthened the segment's market position. Additionally, government initiatives promoting sustainable transportation and the development of cycling infrastructure across major Canadian cities have contributed to the segment's dominance.

Speed Pedelec Segment in Canada E-bike Market

The speed pedelec segment is emerging as the fastest-growing category in the Canadian e-bike market, projected to grow at approximately 6% during 2024-2029. This growth is driven by increasing consumer preference for superior comfort, enhanced safety features, and larger load capacity. The segment is particularly appealing to long-distance commuters and enthusiasts seeking higher-speed capabilities while maintaining the benefits of electric assistance. Technological advancements in battery efficiency and motor performance are making speed pedelecs more attractive to consumers looking for powerful alternatives to traditional transportation. The segment's growth is further supported by expanding urban infrastructure and dedicated cycling lanes in major Canadian cities.

Remaining Segments in Propulsion Type

The throttle-assisted segment represents a significant portion of the Canadian e-bike market, offering unique advantages for users who prefer complete electric assistance without mandatory pedaling. This segment particularly appeals to users with mobility limitations or those seeking a more relaxed riding experience. While facing stricter regulations compared to pedal-assisted variants, throttle-assisted e-bikes continue to maintain their market presence through innovations in control systems and safety features. The segment's growth is supported by its popularity in the tourism sector and last-mile delivery services, where the convenience of throttle control proves particularly beneficial.

Segment Analysis: Application Type

City/Urban Segment in Canada E-bike Market

The city/urban segment dominates the Canadian e-bike market, commanding approximately 76% market share in 2024. This significant market position is driven by the growing adoption of e-bikes in major urban centers like Toronto, Vancouver, and Montreal, where they serve as an efficient solution to traffic congestion and last-mile connectivity challenges. The segment's dominance is further strengthened by extensive urban cycling infrastructure development, including dedicated bike lanes and charging stations. The increasing focus on sustainable urban mobility solutions, coupled with government initiatives promoting clean transportation alternatives, has made city/urban e-bikes particularly attractive to daily commuters and urban residents seeking efficient transportation options.

Cargo/Utility Segment in Canada E-bike Market

The cargo/utility segment is emerging as the fastest-growing category in the Canadian e-bike market, driven by the expanding e-commerce sector and increasing demand for sustainable last-mile delivery solutions. This growth is supported by various factors including the rising adoption of e-cargo bikes by logistics companies, food delivery services, and small businesses looking to optimize their delivery operations. The segment's expansion is further accelerated by supportive government policies, including pilot programs for e-cargo bikes in major cities and incentives for businesses adopting sustainable delivery solutions. The versatility of cargo e-bikes in handling various load capacities while maintaining operational efficiency makes them increasingly attractive for commercial applications.

Remaining Segments in Application Type

The trekking segment represents a specialized niche in the Canadian e-bike market, catering to adventure enthusiasts and recreational riders. This segment is characterized by robust e-bikes designed for off-road conditions and long-distance riding, featuring enhanced battery capacity and durability. The segment's growth is supported by Canada's vast outdoor recreational opportunities and increasing interest in adventure tourism. The trekking e-bikes segment benefits from technological advancements in battery efficiency and motor performance, making them more appealing to both serious enthusiasts and casual riders looking to explore Canada's diverse terrain.

Segment Analysis: Battery Type

Lithium-ion Battery Segment in Canada E-bike Market

The lithium-ion battery segment dominates the Canadian e-bike market, commanding approximately 88% market share in 2024. This significant market leadership is attributed to several key advantages that lithium-ion batteries offer over other alternatives. These batteries provide superior energy density, making them considerably lighter and more efficient for e-bike applications. The segment's dominance is further strengthened by the continuous decline in lithium-ion battery prices, making them increasingly cost-competitive. Additionally, lithium-ion batteries offer longer lifespans, faster charging capabilities, and better performance in varying weather conditions, which is particularly important in Canada's diverse climate. The segment's growth is also supported by increasing investments in battery manufacturing facilities across Canada, helping to establish a robust supply chain and further drive down costs.

Lithium-ion Battery Segment Growth in Canada E-bike Market

The lithium-ion battery segment is experiencing robust growth in the Canadian e-bike market, driven by technological advancements and increasing consumer preference for high-performance battery solutions. The segment is projected to maintain its growth trajectory from 2024 to 2029, supported by ongoing improvements in battery technology and manufacturing efficiencies. This growth is further accelerated by the expanding network of charging infrastructure across Canadian cities and the increasing focus on sustainable transportation solutions. The segment's expansion is also bolstered by government initiatives promoting electric mobility and the establishment of new battery production facilities in Canada, which are expected to enhance local manufacturing capabilities and improve supply chain efficiency.

Remaining Segments in Battery Type

The remaining segments in the e-bike battery market include lead-acid batteries and other emerging battery technologies. Lead-acid batteries, while historically significant in the e-bike market, are gradually losing market share due to their heavier weight, longer charging times, and shorter lifespan compared to lithium-ion alternatives. The 'Others' segment, which includes emerging battery technologies such as sodium-ion batteries and other experimental solutions, represents a small but innovative portion of the market. These alternative technologies are being explored for their potential to offer cost advantages or specific performance benefits, though they currently remain niche solutions in the Canadian e-bike market.

Free With This Report

We offer a comprehensive and complimentary collection of data points on regional and country-level metrics, crucial to understanding the industry's core structure. Our resources include over 120 free charts, providing rare data across various countries. This collection encompasses an analysis of e-bike outlets, distribution channels, and their geographical distribution, examination of average selling prices for different e-bike models across regions, insights into consumer preferences and purchasing patterns, a detailed segmentation of the market, comprehensive insights into market trends and environmental impacts, an overview of key market players, an examination of the regulatory landscape, and projections for the future of the e-bike market.