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Electric Bicycle Motors Market

Global Market Study on Electric Bicycle Motors: Pedal Assisted Electric Bicycle Motors to Hold More Than Half the Global Market Share by 2025

ID: PMRREP21748
Calendar

March 2018

229 Pages

Author : Likhit Meshram

Automotive & Transportation
PreviewSegmentation

Strong government support and growing health consciousness driving the electric bicycle motors market in North America

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.

As per the assessment of Persistence Market Research, the global electric bicycle motors market was estimated to be valued at nearly US$ 5,200 Mn in 2017 and is anticipated to touch a valuation of nearly US$ 8,500 Mn in 2025, exhibiting a CAGR of 6.3% during the period of assessment 2017-2025.

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.

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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.

electric-bicycle-motors-market.jpg

Global Electric Bicycle Motors Market Analysis and Forecast, by Operation Type

As per the forecasts provided by Persistence Market Research, the throttle assisted segment in the operation type category was estimated to be valued at nearly US$ 800 Mn in 2017 and is anticipated to reach a valuation of nearly US$ 1,200 Mn in 2025, displaying a CAGR of 5.3% during the period of forecast 2017-2025. The combined segment in the operation type category was estimated to be valued at nearly US$ 1,500 Mn in 2017 and is likely to reach a valuation of nearly US$ 2,700 Mn in 2025, exhibiting a CAGR of 7.4% during the period of assessment.

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Market Taxonomy

Attribute Details

By Operation Type
  • Pedal assisted
  • Throttle assisted
  • Combined

By Power Output
  • Less than 350W
  • 350W-750W
  • Above 750W

By Motor Type
  • Hub Motors
    • Front Hub Motors
    • Rear Hub Motors
  • Mid Drive Motors
  • Friction Drive Motors

By Sales Channel
  • OEM (Original Equipment Manufacturer)
  • Aftermarket

By Region
  • North America
  • Latin America
  • Europe
  • China
  • Asia Pacific Excluding China (APEC)
  • Middle East & Africa (MEA)

Companies Covered in Electric Bicycle Motors Market

  • 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
  • Yamaha Motors Co., Ltd.
  • Others.

Related Reports

1. Executive Summary

    1.1. Overview

    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. Introduction

        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

        5.3.1. Hub Motors

            5.3.1.1. Front Hub Motors

            5.3.1.2. Rear Hub Motors

        5.3.2. Mid Drive Motors

        5.3.3. Friction Drive Motors

    5.4. Key Trends / Developments

    5.5. Market Attractiveness Analysis By Motor Type

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

        6.3.1. Pedal Assisted

        6.3.2. Throttle Assisted

        6.3.3. Combined

    6.4. Key Trends / Developments

    6.5. Market Attractiveness Analysis By Operation Type

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

        7.3.1. Less than 350 W

        7.3.2. 350W – 750W

        7.3.3. More than 750W

    7.4. Key Trends / Developments

    7.5. Market Attractiveness Analysis By Power Output

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

        8.3.1. OEM

        8.3.2. Aftermarket

    8.4. Key Trends / Developments

    8.5. Market Attractiveness Analysis By Sales Channel

9. Global Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025 By Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2012 - 2016

    9.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2017 - 2025

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Asia Pacific Excluding China

        9.3.4. Europe

        9.3.5. Middle East and Africa

        9.3.6. China

    9.4. Market Attractiveness Analysis By Region

10. China Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025

    10.1. Introduction

    10.2. Regional Market Dynamics

        10.2.1. Drivers

        10.2.2. Restraints

        10.2.3. Trends

    10.3. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 - 2016

        10.3.1. By Motor Type

        10.3.2. By Equipment Type

        10.3.3. By Power Output

        10.3.4. By Sales Channel

    10.4. Current Market Size (US$ Mn) and Volume Forecast By Motor Type 2017 - 2025

        10.4.1. Hub Motors

            10.4.1.1. Front Hub Motors

            10.4.1.2. Rear Hub Motors

        10.4.2. Mid Drive Motors

        10.4.3. Friction Drive Motors

    10.5. Current Market Size (US$ Mn) and Volume Forecast By Operation Type 2017 - 2025

        10.5.1. Pedal Assisted

        10.5.2. Throttle Assisted

        10.5.3. Combined

    10.6. Current Market Size (US$ Mn) and Volume Forecast By Power Output 2017 - 2025

        10.6.1. Less than 350 W

        10.6.2. 350W – 750W

        10.6.3. More than 750W

    10.7. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel 2017 - 2025

        10.7.1. OEM

        10.7.2. Aftermarket

    10.8. Drivers and Restraints: Impact Analysis

    10.9. Market Attractiveness Analysis

        10.9.1. By Motor Type

        10.9.2. By Equipment Type

        10.9.3. By Power Output

        10.9.4. By Sales Channel

11. North America Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025

    11.1. Introduction

    11.2. Regional Market Dynamics

        11.2.1. Drivers

        11.2.2. Restraints

        11.2.3. Trends

    11.3. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 - 2016

        11.3.1. By Country

        11.3.2. By Motor Type

        11.3.3. By Equipment Type

        11.3.4. By Power Output

        11.3.5. By Sales Channel

    11.4. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 - 2025

        11.4.1. U.S.

        11.4.2. Canada

    11.5. Current Market Size (US$ Mn) and Volume Forecast By Motor Type 2017 - 2025

        11.5.1. Hub Motors

            11.5.1.1. Front Hub Motors

            11.5.1.2. Rear Hub Motors

        11.5.2. Mid Drive Motors

        11.5.3. Friction Drive Motors

    11.6. Current Market Size (US$ Mn) and Volume Forecast By Operation Type 2017 - 2025

        11.6.1. Pedal Assisted

        11.6.2. Throttle Assisted

        11.6.3. Combined

    11.7. Current Market Size (US$ Mn) and Volume Forecast By Power Output 2017 - 2025

        11.7.1. Less than 350 W

        11.7.2. 350W – 750W

        11.7.3. More than 750W

    11.8. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel 2017 - 2025

        11.8.1. OEM

        11.8.2. Aftermarket

    11.9. Drivers and Restraints: Impact Analysis

    11.10. Market Attractiveness Analysis

        11.10.1. By Country

        11.10.2. By Motor Type

        11.10.3. By Equipment Type

        11.10.4. By Power Output

        11.10.5. By Sales Channel

12. Latin America Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025

    12.1. Introduction

    12.2. Regional Market Dynamics

        12.2.1. Drivers

        12.2.2. Restraints

        12.2.3. Trends

    12.3. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 - 2016

        12.3.1. By Country

        12.3.2. By Motor Type

        12.3.3. By Equipment Type

        12.3.4. By Power Output

        12.3.5. By Sales Channel

    12.4. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 - 2025

        12.4.1. Brazil

        12.4.2. Mexico

        12.4.3. Rest of Latin America

    12.5. Current Market Size (US$ Mn) and Volume Forecast By Motor Type 2017 - 2025

        12.5.1. Hub Motors

            12.5.1.1. Front Hub Motors

            12.5.1.2. Rear Hub Motors

        12.5.2. Mid Drive Motors

        12.5.3. Friction Drive Motors

    12.6. Current Market Size (US$ Mn) and Volume Forecast By Operation Type 2017 - 2025

        12.6.1. Pedal Assisted

        12.6.2. Throttle Assisted

        12.6.3. Combined

    12.7. Current Market Size (US$ Mn) and Volume Forecast By Power Output 2017 - 2025

        12.7.1. Less than 350 W

        12.7.2. 350W – 750W

        12.7.3. More than 750W

    12.8. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel 2017 - 2025

        12.8.1. OEM

        12.8.2. Aftermarket

    12.9. Drivers and Restraints: Impact Analysis

    12.10. Market Attractiveness Analysis

        12.10.1. By Country

        12.10.2. By Motor Type

        12.10.3. By Equipment Type

        12.10.4. By Power Output

        12.10.5. By Sales Channel

13. Asia Pacific Excluding China Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025

    13.1. Introduction

    13.2. Regional Market Dynamics

        13.2.1. Drivers

        13.2.2. Restraints

        13.2.3. Trends

    13.3. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 - 2016

        13.3.1. By Country

        13.3.2. By Motor Type

        13.3.3. By Equipment Type

        13.3.4. By Power Output

        13.3.5. By Sales Channel

    13.4. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 - 2025

        13.4.1. India

        13.4.2. Japan

        13.4.3. ASEAN

        13.4.4. Australia and New Zealand

        13.4.5. Rest of APEJ

    13.5. Current Market Size (US$ Mn) and Volume Forecast By Motor Type 2017 - 2025

        13.5.1. Hub Motors

            13.5.1.1. Front Hub Motors

            13.5.1.2. Rear Hub Motors

        13.5.2. Mid Drive Motors

        13.5.3. Friction Drive Motors

    13.6. Current Market Size (US$ Mn) and Volume Forecast By Operation Type 2017 - 2025

        13.6.1. Pedal Assisted

        13.6.2. Throttle Assisted

        13.6.3. Combined

    13.7. Current Market Size (US$ Mn) and Volume Forecast By Power Output 2017 - 2025

        13.7.1. Less than 350 W

        13.7.2. 350W – 750W

        13.7.3. More than 750W

    13.8. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel 2017 - 2025

        13.8.1. OEM

        13.8.2. Aftermarket

    13.9. Drivers and Restraints: Impact Analysis

    13.10. Market Attractiveness Analysis

        13.10.1. By Country

        13.10.2. By Motor Type

        13.10.3. By Equipment Type

        13.10.4. By Power Output

        13.10.5. By Sales Channel

14. Europe Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025

    14.1. Introduction

    14.2. Regional Market Dynamics

        14.2.1. Drivers

        14.2.2. Restraints

        14.2.3. Trends

    14.3. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 - 2016

        14.3.1. By Country

        14.3.2. By Motor Type

        14.3.3. By Equipment Type

        14.3.4. By Power Output

        14.3.5. By Sales Channel

    14.4. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 - 2025

        14.4.1. Germany

        14.4.2. BENELUX

        14.4.3. Nordic

        14.4.4. France

        14.4.5. Italy

        14.4.6. Russia

        14.4.7. Rest of Europe

    14.5. Current Market Size (US$ Mn) and Volume Forecast By Motor Type 2017 - 2025

        14.5.1. Hub Motors

            14.5.1.1. Front Hub Motors

            14.5.1.2. Rear Hub Motors

        14.5.2. Mid Drive Motors

        14.5.3. Friction Drive Motors

    14.6. Current Market Size (US$ Mn) and Volume Forecast By Operation Type 2017 - 2025

        14.6.1. Pedal Assisted

        14.6.2. Throttle Assisted

        14.6.3. Combined

    14.7. Current Market Size (US$ Mn) and Volume Forecast By Power Output 2017 - 2025

        14.7.1. Less than 350 W

        14.7.2. 350W – 750W

        14.7.3. More than 750W

    14.8. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel 2017 - 2025

        14.8.1. OEM

        14.8.2. Aftermarket

    14.9. Drivers and Restraints: Impact Analysis

    14.10. Market Attractiveness Analysis

        14.10.1. By Country

        14.10.2. By Motor Type

        14.10.3. By Equipment Type

        14.10.4. By Power Output

        14.10.5. By Sales Channel

15. Middle East and Africa Electric Bicycle Motors Market Analysis 2012–2016 and Forecast 2017–2025

    15.1. Introduction

    15.2. Regional Market Dynamics

        15.2.1. Drivers

        15.2.2. Restraints

        15.2.3. Trends

    15.3. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2012 - 2016

        15.3.1. By Country

        15.3.2. By Motor Type

        15.3.3. By Equipment Type

        15.3.4. By Power Output

        15.3.5. By Sales Channel

    15.4. Current Market Size (US$ Mn) and Volume Forecast By Country 2017 - 2025

        15.4.1. Gulf Co-Operation Council (GCC) Countries

        15.4.2. Turkey

        15.4.3. South Africa

        15.4.4. Rest of MEA

    15.5. Current Market Size (US$ Mn) and Volume Forecast By Motor Type 2017 - 2025

        15.5.1. Hub Motors

            15.5.1.1. Front Hub Motors

            15.5.1.2. Rear Hub Motors

        15.5.2. Mid Drive Motors

        15.5.3. Friction Drive Motors

    15.6. Current Market Size (US$ Mn) and Volume Forecast By Operation Type 2017 - 2025

        15.6.1. Pedal Assisted

        15.6.2. Throttle Assisted

        15.6.3. Combined

    15.7. Current Market Size (US$ Mn) and Volume Forecast By Power Output 2017 - 2025

        15.7.1. Less than 350 W

        15.7.2. 350W – 750W

        15.7.3. More than 750W

    15.8. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel 2017 - 2025

        15.8.1. OEM

        15.8.2. Aftermarket

    15.9. Drivers and Restraints: Impact Analysis

    15.10. Market Attractiveness Analysis

        15.10.1. By Country

        15.10.2. By Motor Type

        15.10.3. By Equipment Type

        15.10.4. By Power Output

        15.10.5. By Sales Channel

16. Competition Landscape

    16.1. Market Share

    16.2. Competition Dashboard

    16.3. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)

        16.3.1. Bafang Electric (Suzhou) Co.,Ltd

        16.3.2. BionX International Corporation

        16.3.3. Brose Fahrzeugteile GmbH & Co. KG

        16.3.4. Continental AG

   

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