Electric bicycles (e-bikes) continue to be the highest selling electric vehicle on the planet, with nearly 35 million unit sales forecast for 2016. Improving lithium ion (Li-ion) battery technology is resulting in e-bikes that are lighter, lower in cost, and remarkably similar to traditional bicycles. Additionally, increasing urbanization and a desire to move away from cars for motorized transportation are opening up more opportunities for alternative mobility devices. E-bikes are positioned to be a primary benefactor of this trend since they are low in cost relative to cars, do not require licensing, and can take advantage of existing bicycling infrastructure. The global e-bike market is well-positioned for continued growth, mainly in the Li-ion battery segment. Although sealed lead-acid (SLA) still constitutes a majority of e-bike batteries, the market is steadily shifting toward Li-ion batteries. Annual sales of e-bikes in the world?s largest market, China, are expected to decline due to market saturation and new bans on e-bike use in large areas of major cities. While China still leads the global e-bike market, Western Europe and, to a lesser extent, North America are beginning to increase their market share. According to Navigant Research, global e-bike sales are expected to grow from over $15.7 billion in revenue in 2016 to $24.4 billion by 2025. This Navigant Research report analyzes the global market for throttle-control and pedal-assist e-bikes. The study provides a detailed analysis of the market opportunities, key drivers of growth, and technology trends associated with e-bikes. Global market forecasts for annual e-bike unit sales and revenue, segmented by region and battery chemistry, extend through 2025. Forecasts of traditional bicycle sales and estimates of e-bike market share of the total bicycle market by region are provided, as well. The report also examines government influence on the market for e-bikes and provides profiles of key e-bike manufacturers and suppliers.