Global Electric Bicycle Motors Market by Type (Less Than 350W, 350W-750W, Above 750W), By Application (Online, Offline) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The electric bicycle motors market is projected to grow at a CAGR of 9.2% by 2028. The global electric bicycle motors market was valued at US$1.5 billion in 2016 and it is anticipated to reach US$3.7 billion by 2028.
An electric bicycle motor is an electric device that turns the wheels of a vehicle. It's used in bicycles to give it extra power and speed.On the basis of Type, the market is segmented into Less Than 350W, 350W-750W, Above 750W.
Less Than 350W Electric Bicycle Motors:
These are the simplest of all e-bike systems, and as a result, they tend to be lighter. They also use less power than other types of bike motor so you'll get more range from your battery pack. One downside is that these motors will require some pedaling since their output isn't high enough to achieve the higher speeds without them
350W-750W Electric Bicycles Motor:
This type has really taken off in recent years because it offers increased performance with only moderate price tags.
Above 750w Electric Bicycle Motor:
The most powerful category of electric bikes around today, this system delivers top speeds comparable to those found on gas-powered scooters or motorcycles.
On the basis of Application, the market is segmented into online and offline. The online segment accounted for the highest market share in 2017, owing to their widespread usage. An increasing number of cycling enthusiasts across the globe have been driving demand for e-bike motors over the past few years. Demand has also been fueled by rising awareness about environmental pollution due to fossil fuel emissions from traditional vehicles. This trend will continue through 2018 when it is estimated that there will be more than 295 million EBs sold globally (excluding China).
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia-Pacific dominated the global electric bicycle motors market with a dominant position across all segments in 2017. This is due to increasing demand from countries such as China and India. Middle Eastern And African region is anticipated to grow at a significant CAGR during the forecast period due to increasing demand for EBs from countries such as Saudi Arabia and UAE which are focusing on adopting green vehicles at an increased pace owing to rising population density and improving economy.
Growth factors for Electric Bicycle Motors Market:
The global electric bicycle motors market is set to witness significant growth in the near future owing to factors such as growing awareness about environmental sustainability and new product launches. The demand for EBs will also increase due to increasing population density coupled with an improved economy, which has led to a rise in disposable income levels of consumers across regions.
Major challenges faced by the Electric Bicycle Motors Market:
- High prices of power assist kits.
- Lack of standardized electric bicycle design, such as for brakes and gears.
- Limited battery life on some models.
The major challenges faced by the global electric bicycle motors market are high prices of power assist kits which can cost up to $300-$400 per kit or more if they are imported from China into North America; whereas locally sourced products may range between $100-$200 only depending on battery type used. There is also a lack of standardization in terms of brake systems that consumers would like to see when purchasing an EB - instead, it's just one lever for both breaking and gear changing functions - while there should be two separate levers.
Up Market Research published a new report titled “Electric Bicycle Motors Market research report which is segmented by Types (Less Than 350W, 350W-750W, Above 750W), By Applications (Online, Offline), By Players/Companies 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”.
Report Scope
Report Attributes | Report Details |
Report Title | Electric Bicycle Motors Market Research Report |
By Type | Less Than 350W, 350W-750W, Above 750W |
By Application | Online, Offline |
By Companies | 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 |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 204 |
Number of Tables & Figures | 143 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Electric Bicycle Motors Market Report Segments:
The market is segmented by Type Less Than 350W, 350W-750W, Above 750W and By Application Online, Offline.
Some of the companies that are profiled in this report are:
- 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 Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electric Bicycle Motors Market
Overview of the regional outlook of the Electric Bicycle Motors Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Electric Bicycle Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electric Bicycle Motors Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Less Than 350W
2. 350W-750W
3. Above 750W
7. By Application:1. Online
2. Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Bicycle Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Electric Bicycle Motors Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Bicycle Motors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Bicycle Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Bicycle Motors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Bicycle Motors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Bicycle Motors Market Size & Forecast, 2018-2028
4.5.1 Electric Bicycle Motors Market Size and Y-o-Y Growth
4.5.2 Electric Bicycle Motors Market Absolute $ Opportunity
Chapter 5 Global Electric Bicycle Motors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Bicycle Motors Market Size Forecast by Type
5.2.1 Less Than 350W
5.2.2 350W-750W
5.2.3 Above 750W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Bicycle Motors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Bicycle Motors Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Bicycle Motors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Bicycle Motors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Bicycle Motors Analysis and Forecast
9.1 Introduction
9.2 North America Electric Bicycle Motors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Bicycle Motors Market Size Forecast by Type
9.6.1 Less Than 350W
9.6.2 350W-750W
9.6.3 Above 750W
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Bicycle Motors Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Bicycle Motors Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Bicycle Motors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Bicycle Motors Market Size Forecast by Type
10.6.1 Less Than 350W
10.6.2 350W-750W
10.6.3 Above 750W
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Bicycle Motors Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Bicycle Motors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Bicycle Motors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Bicycle Motors Market Size Forecast by Type
11.6.1 Less Than 350W
11.6.2 350W-750W
11.6.3 Above 750W
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Bicycle Motors Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Bicycle Motors Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Bicycle Motors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Bicycle Motors Market Size Forecast by Type
12.6.1 Less Than 350W
12.6.2 350W-750W
12.6.3 Above 750W
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Bicycle Motors Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Bicycle Motors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Bicycle Motors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Bicycle Motors Market Size Forecast by Type
13.6.1 Less Than 350W
13.6.2 350W-750W
13.6.3 Above 750W
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Bicycle Motors Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Bicycle Motors Market: Competitive Dashboard
14.2 Global Electric Bicycle Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bafang Electric
14.3.2 BionX International
14.3.3 Brose Fahrzeugteile
14.3.4 Continental
14.3.5 DAPU Motors
14.3.6 Derby Cycle Holding
14.3.7 J.D. Components
14.3.8 Nidec
14.3.9 Ortlinghaus-Werke
14.3.10 Panasonic
14.3.11 Bosch
14.3.12 Shimano
14.3.13 Suzhou Xiongda Electric Machine
14.3.14 TDCM
14.3.15 Yamaha Motors