E-bike usage worldwide has experienced rapid growth since 1998. It is estimated that there were roughly 120 million e-bikes in China as of early 2010, and sales are expanding rapidly in India, the United States of America, the Netherlands, and Switzerland. A total of 700,000 e-bikes were sold in Europe in 2010, up from 200,000 in 2007 and 500,000 units in 2009.
Today, China is the world's leading producer of e-bikes. According to the data of the China Bicycle Association, a government-chartered industry group, in 2004 China's manufacturers sold 7.5 million e-bikes nationwide, which was almost twice the year 2003 sales; domestic sales reached 10 million in 2005, and 16 to 18 million in 2006.
PikeResearch, a for-profit market research firm, released a report in 2010 which included market analysis and forecasts for electric two-wheel vehicles. They conclude that, "The worldwide electric two-wheel vehicle market is expected to grow at a compound annual rate of 9% through 2016" and that "a lack of a well-defined retail channel hampers faster adoption in North America and Europe." PikeResearch also forecasted that worldwide sales of e-bikes, e-motorcycles, and e-scooters will reach more than 466 million between 2010 to 2016, and China will continue to dominate the world market, with more than 95% of sales during this period. E-bikes sales are expected to have the largest share with 56% of the market.
However, the Los Angeles Times reported that e-bike sales in the U.S. have slowed in 2010 compared to 2009. This could be due to a slowing economy."
