Press release
E Bike Drive Market Top Key Players - MAHLE Group, Bosch eBike Systems – Group of Robert Bosch Systems, Yamaha Motor Co Ltd, Brose E bikes, Shimano Inc, Panasonic Industry Europe GmbH, Giant Bicycles, Bafang Electric Co Ltd, Fazua GmbH, Maxon, Klakhoff
An electric bike has to meet a standard specification, so it does not fall into the same category as a motorcycle. The standard varies from place to place, but in Europe, especially Sweden, the current limit is a maximum continuous power of 250W and a maximum weight of 40kg / 88lbs with no peak power limitation. By contrast, in the United States, the limit is 750 watts. While the use of e-bikes is a new concept in Europe, it is rapidly gaining ground in India and China. In China, the number of e-bikes is already four times the number of cars.Earlier versions of e-bikes or technically low-quality e-bikes mainly ran on less efficient lead acid batteries that are less durable to provide full engine power and are heavy and bulky, but newer models mostly choose NiMH, NiCad and lithium batteries Ionic because they are light, strong and dense in their capacity, allowing for long and fast rides while maximizing durability in terms of power and performance.
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GLOBAL E BIKE DRIVE MARKET DEVELOPMENTS AND INNOVATIONS
• Ruff Cycles’ new electric minibike is a scrambler-styled e-bike with a rare mid-drive motor- USA
• GoZero Mobility rolls out Skellig Lite- India
• Valeo displayed its Smart e-bike system with newest Mid-Drive Unit –Europe
GLOBAL E BIKE DRIVE MARKET DYNAMICS
• China produces a significant number of hub motors to meet the demand. Demand is increasing. In the beginning, there was only one brand that produced these e-bikes on a commercial basis, and now the number has grown to many, in the late 90's there were 50 brands that commercially produced such e-bikes at a global level.
• The advantage of e-bikes has become more apparent recently. The participation of large companies made it even better. They have tried to incorporate a lot of advanced technologies into the design of this e-bike. Brushless motors have replaced brush motors to make them durable, efficient and quiet.
• Electric bikes are slowly gaining ground in Europe and Germany is leading the way, replacing traditional bikes with extensive refurbishments. This is why e-bikes take market share from traditional bikes. This also applies to India and China. In China, they are gradually replacing other fossil-fueled two-wheelers.
GLOBAL E BIKE DRIVE MARKET SEGMENTATION
The Global E Bike Drive Market can be segmented into following categories for further analysis.
By Type of Bicycle
• Road
• Mountain
• Hybrid
By Price
• $4,000
By Sales Channel
• Offline
• Online
By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
COMPETITIVE LANDSCAPE
• In the first half of fiscal 2021, the Shimano Group recorded net sales of 264,694 million yen, an increase of 65.2% compared to the same period last year with 160,255 million yen.
• The increase in revenues is primarily attributable to the growing demand for bicycles and fishing as the Shimano Group increased production capacity at factories in Japan and abroad. As a result, net sales of the bicycle segment increased by 73.4% year-on-year to 212,599 million yen.
• Electric bicycles are part of the latest technology in the global electric vehicle market where electrification has shifted towards higher levels of compliance with emission standards and with the ability to adapt to electrification on a global scale.
COMPANIES PROFILED
• MAHLE Group
• Bosch eBike Systems – Group of Robert Bosch Systems
• Yamaha Motor Co Ltd
• Brose E bikes
• Shimano Inc
• Panasonic Industry Europe GmbH
• Giant Bicycles
• Bafang Electric Co Ltd
• Fazua GmbH
• Maxon
• Klakhoff – Derby Cycle Werke GmbH
Read More Information: https://mobilityforesights.com/product/e-bike-drive-market/
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About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment. We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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