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Electric Bicycle Motors Market

With prices of oil rising at an alarming rate, participants across the globe are switching over to electric mobility vehicles. This trend is expected to take the electric bicycle motors market by storm in the near future. Persistence Market Research has walked through these facts with probable calls to action in its latest market study entitled “Electric Bicycle Motors Market”.

How is the Electric Bicycle Motors Market categorized?

The global electric bicycle motors market, by type of operation, spans pedal assisted, throttle assisted, and combined. By power output, it’s less than 350 W, 350 – 750 W, and above 750 W. By motor type, it’s hub motors (front hub motors and rear hub motors), mid drive motors, and friction drive motors. By sales channel, it’s OEM (Original Equipment Manufacturer) and aftermarket. Persistence Market Research has enlisted the key findings with future prospects in its latest market study entitled “Electric Bicycle Motors Market”.

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Region-wise Analysis

North America holds the largest market share due to more number of end-users getting inclined towards fitness. The good part on the whole is that the US alone has 8,600 miles of cycling lanes altogether. The International Mountain Bike Association, along with various groups, is promoting numerous ways of using cycling as one of the performance-oriented modes of transport.

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There are urban associations who have formed organizations and societies in almost every zone, like Transportation Alternatives (New York City) for stimulating bicycling for transportation and daily exercise. Europe stands second on this count. However, the Asia-Pacific would be the region to ponder about, basically due to growing awareness regarding the importance of cycling. Persistence Market Research has, through its team of analysts and consultants, entailed these facts with insights in its latest market study entitled “Electric Bicycle Motors Market”.

Competitive Landscape

Persistence Market Research has profiled the key participants in electric bicycle motors market as:

  • 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 Ltd., Yamaha Motors Co., Ltd.

It has also mentioned about the various modes of expansion that these players are into. They include mergers, acquisitions, joint ventures, partnerships, and new product launch for making a mark in the electric bicycle motors market.

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The global electric bicycle motors market is bound to grow on an irresistible note in the near future – Persistence Market Research

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