Electric Bicycle Motors Market is Anticipated to Touch a Valuation of US$ 8,500 Mn in 2025 | Prominent Key Players - Bafang Electric, BionX International, Continental AG, DAPU Motors, Nidec
Electric bicycle manufacturers in the Asia Pacific region are slowly and steadily focusing on gearing up with their European counterparts in terms of technology in order to increase their exports to other countries across the world. With this objective, manufacturers in the region are focusing on introducing technologically-advanced electric bicycle models in the market so as to cater to the increasing demand as an alternative for conventional mopeds, especially in the Chinese market. Manufacturers are focusing on capitalizing on the increasing demand for mid drive motors in order to give a necessary boost to their revenue stream. Moreover, with increasing popularity of e-bikes for mountain biking in Europe, manufacturers in the Asia Pacific region are planning to expand their production facilities, which would further increase the demand for electric bicycle motors in the coming years.
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Low retail gasoline prices can affect the market growth in the coming years in North America
Since the past two years, the oil industry has witnessed its lowest downturn since the 1990’s. The direct effect of this can be seen on the manufacturing sector in North America. Numerous companies of the U.S. are cutting their investments sharply. This has a direct effect on the confidence of investors for investing in the development of electric mobility vehicles in North America. Moreover, due to the fall in oil prices, several low priced models were discontinued as brands focused towards the diversification of their business. This is estimated to further derail the demand for electric bicycle motors, which may have a negative impact on the growth of electric bicycle market in the coming years.
Rise in rental and sharing services will increase the aftermarket sales of electric automotive motors in North America
Rental and sharing services in big cities in North America is turning out to be a key trend. California and New York are getting more support from government authorities to use bicycles as an effective mode of transportation. With the increase in rental and the sharing services, the demand for maintenance and replacement services is anticipated to rise in the coming years. This will subsequently increase the demand for electric bicycle motors, which is anticipated to create opportunities for enhancing the growth of the electric bicycle motors market in the coming years.
Global Electric Bicycle Motors Market: Segmentation and Forecast
The global electric bicycle motors market is segmented on the basis of operation type, motor type, power output, sales channel and by region.
• By operation type, the pedal assisted segment was estimated to be valued at nearly US$ 2,900 Mn in 2017 and is forecasted to reach a valuation of nearly US$ 4,600 Mn in 2025, displaying a CAGR of 6.0% during the period of forecast 2017-2025.
• By motor type, the hub motors segment was estimated to be valued at nearly US$ 2,750 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 4,250 Mn in 2025, exhibiting a CAGR of 5.6% during the period of assessment.
• By power output, the less than 350W segment was estimated to be valued at nearly US$ 1,600 Mn in 2017 and is expected to reach a valuation of nearly US$ 2,450 Mn in 2025, displaying a CAGR of 5.6% during the period of forecast.
• By sales channel, the OEM segment was estimated to be valued at nearly US$ 4,300 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 6,900 Mn in 2025, exhibiting a CAGR of 6.1% during the period of assessment.
• By region, the North America electric bicycle motors market was estimated to be valued at nearly US$ 185 Mn in 2017 and is projected to reach a valuation of nearly US$ 330 Mn in 2025, displaying a CAGR of 7.3% during the period of forecast.
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Table of Content
1. Executive Summary
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market Viewpoint
3.1. Macro-Economic Factors
4. Global Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.1.3. Absolute $ Opportunity
4.2. Pricing Analysis
4.3. Value Chain
5. Global Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025 By Motor Type
5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Mn) and Volume Analysis By Motor Type, 2012 - 2016
5.3. Current Market Size (US$ Mn) and Volume Forecast By Motor Type, 2017 – 2025
6. Global Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025 By Operation Type
6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Operation Type, 2012 - 2016
6.3. Current Market Size (US$ Mn) and Volume Forecast By Operation Type, 2017 – 2025
7. Global Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025 By Power Output
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Power Output, 2012 - 2016
7.3. Current Market Size (US$ Mn) and Volume Forecast By Power Output, 2017 – 2025
8. Global Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025 By Sales Channel
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2012 - 2016
8.3. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel, 2017 – 2025
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