Electric Bicycle Motors Market to Record an Impressive Growth Rate of US$ 8,500 Mn by 2025

The COVID-19 pandemic has caused supply and manufacturing disruptions in the automotive sector creating uncertainties in every aspect. The change in customer behavior in terms of mobility preferences during this crisis is changing the automotive landscape.

This pandemic situation has shut down many production lines owing to the trade restrictions and closed borders, creating a shortage in required parts and limiting the distribution of supplies. Different enforced measures including the closing of workspaces and dismissal of short-time workers have created a depression in the growth rate of the automotive industry.

The growing fear of recession is estimated to decrease overall sales and revenue. A limited supply of parts coupled with a reduced workforce has forced the leading OEMs to shut down their production. A significant drop in demand has restricted the cash inflow which is highly important in payment of salaries to the workforce. With growing uncertainties around the COVID-19 pandemic, the industry leaders are taking measures to adapt to the situation.

Persistence Market Research presents a new report titled ‘Electric Bicycle Motors Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)’ that studies the performance of the global electric bicycle motors market over an eight year assessment period from 2017 to 2025. The report presents the value and volume forecasts of the global electric bicycle motors market and provides important insights into the factors driving market growth as well as the factors restricting market growth. As per the assessment of Persistence Market Research, the global electric bicycle motors market was estimated to be valued at US$ 5,200 Mn in 2017 and is anticipated to touch a valuation of nearly US$ 8,500 Mn in 2025 and in the process exhibit a CAGR of 6.3% during the period of forecast 2017-2025.

Emphasis on Manufacturing Customized Electric Bicycles in the Asia Pacific region

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.

For detailed insights on enhancing your product footprint, request for a Sample here @ https://www.persistencemarketresearch.com/samples/21748

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.

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.

Request Report Methodology here @ https://www.persistencemarketresearch.com/methodology/21748

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.
Global Electric Bicycle Motors Market: Competitive Landscape

Company Profiles

Bafang Electric (Suzhou) Co.,Ltd
BionX International Corporation
Brose Fahrzeugteile GmbH & Co. KG
Continental AG
DAPU Motors
Derby Cycle Holding GmbH
J.D. Components Co., Ltd.
Nidec Corporation
Ortlinghaus-Werke GmbH
Panasonic Corporation
Robert Bosch GmbH
Shimano Inc.
Suzhou Xiongda Electric Machine Co., Ltd.
TDCM Corporation Limited
For in-depth competitive analysis, Check Pre-Book here @ https://www.persistencemarketresearch.com/checkout/21748

Our unmatched research methodologies set us apart from our competitors. Here’s why:

PMR’s set of research methodologies adhere to the latest industry standards and are based on sound surveys.
We are committed to preserving the objectivity of our research.
Our analysts customize the research methodology according to the market in question in order to take into account the unique dynamics that shape the industry.
Our proprietary research methodologies are designed to accurately predict the trajectory of a particular market based on past and present data.
PMR’s typical operational model comprises elements such as distribution model, forecast of market trends, contracting and expanding technology applications, pricing and transaction model, market segmentation, and vendor business and revenue model.
Persistence Market Research’s proactive approach identifies early innovation opportunities for clients in the global automotive sector. Our insights on next-generation automotive technologies such as connected cars, automotive emissions control, vehicle-to-vehicle (V2V), autonomous cars, electric and hybrid vehicles, and augmented reality dashboards ensure clients stay at the forefront of innovation.

Our competencies go beyond regular market research to deliver tailored solutions in an industry marked with increasing environment regulations, evolving consumer preferences, and a shifting landscape of emerging markets. We pride ourselves in helping our clients maximize their profits and minimize their risks. Actionable Insights & Transformational Strategies that Help you Make Informed Decisions.

Report Highlights:

Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
There has been a growing trend toward consolidation in the automotive sector, with the output of motor vehicles resting mainly in the hands of a few large companies and smaller independent manufacturers gradually.

Read all Automotive Market Insights here https://www.persistencemarketresearch.com/category/automotive-and-transportation.asp

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

CONTACT:

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.