Press release
Global Electric Bicycle Motors Market Will Reach A Revised Size Of Us$ 11780 Million By 2028, Growing At A Cagr Of 3.6% During 2022-2028
The North America bicycle market is driven by fitness-focused consumers. A large number of people in the North America region are unfit and overweight due to the unhealthy practices in their day-to-day diets. In order to overcome obesity and related health issues, consumers are showing an interest towards exercise and exercise equipment, such as bicycles. The North America region is actively responding to sustainable trends, namely exercise, healthy lifestyle, and sustainable transportation. The fifty most popular cities in the U.S. posses 8,600 miles of bicycle lanes altogether. Associations have become more operational supporters for cycle travelling. Moreover, the International Mountain Bike Association and several other groups are promoting various ways to use cycling as a performance-oriented mode of transport. Urban associations have formed societies and organizations in every zone, such as Transportation Alternatives in the New York City, to stimulate bicycling as a practice of daily exercise and transportation. This is anticipated to boost the demand for electric bicycles in the North American market in the coming years, which will promote the growth of the electric bicycle motors market in the region.Market Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Electric Bicycle Motors estimated at US$ 9527.1 million in the year 2022, is projected to reach a revised size of US$ 11780 million by 2028, growing at a CAGR of 3.6% during the forecast period 2022-2028.
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.
Los Angeles, United States October 2022,- The research study presented here is a brilliant compilation of different types of analysis of critical aspects of the global Electric Bicycle Motors market. It sheds light on how the global Electric Bicycle Motors market is expected to grow during the course of the forecast period. With SWOT analysis and Porter's Five Forces analysis, it gives a deep explanation of the strengths and weaknesses of the global Electric Bicycle Motors market and the different players operating therein. The authors of the report have also provided qualitative and quantitative analyses of several microeconomic and macroeconomic factors impacting the global Electric Bicycle Motors market. In addition, the research study helps to understand the changes in the industry supply chain, manufacturing process and cost, sales scenarios, and dynamics of the global Electric Bicycle Motors market.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Bicycle Motors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Bicycle Motors.
The Electric Bicycle Motors market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Electric Bicycle Motors market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Bicycle Motors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
Market Segmentation
This report covers the Electric Bicycle Motors segments by manufacturers, by type, by application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2017-2022, 2023-2028), considering 2021 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
By Company
Bafang Electric
BionX International
Brose Fahrzeugteile
Continental
DAPU Motors
Derby Cycle Holding
J.D. Components
Nidec
Ortlinghaus-Werke
Panasonic
Bosch
Shimano
Suzhou Xiongda Electric Machine
TDCM
Yamaha Motors
Electric Bicycle Motors Segment by Type
Less Than 350W
350W-750W
Above 750W
Electric Bicycle Motors Segment by Application
Online
Offline
Electric Bicycle Motors Segment by Region
North America (USA and Canada)
Europe (Germany, the U.K., France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Mexico, Brazil, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the Electric Bicycle Motors market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Reasons to Buy This Report
Informative and detailed data, sales, revenue, average price, historical and forecast data, which is analyzed to tell you why your market is set to change. Provision of market value (USD million) data for each segment and sub-segment.
This report will help stakeholders to understand the global industry status and trends of Electric Bicycle Motors and provides them with information on key market drivers, restraints, challenges, and opportunities. This enables you to anticipate market changes to remain ahead of your competitors.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly.
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Electric Bicycle Motors industry. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by type, market size by type for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Bicycle Motors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Bicycle Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by application, market size by application for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Findings and Conclusion
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