Global Bicycle Crank Motor Market 2016-2020

January 13, 2016
This market research report includes a detailed analysis of the global bicycle crank motor market with forecast until 2019. It outlines the market shares for key regions such as APAC, EMEA, and the Americas. The leading vendors analyzed in this report are Bosch, Continental, Panasonic, and Yamaha.

Market outlook of global bicycle crank motors

Technavio’s market research analyst predicts the bicycle crank motor market to post a CAGR of close to 8% from 2015 to 2019. The growth of the e-bike and pedelec markets and increased use of crank motors in pedelecs are the key factors that drive its demand.

Growing concerns for clean energy transportation and rising traffic congestion are expected to further accelerate the demand for e-bikes that largely use crank motors. E-bikes are widely used in countries such as China, Europe, and North America. The rapid increase in urban population has hiked the number of individual commuters and freight movement in these regions. Such developments have resulted in traffic congestion, subsequently propelling the popularity of e-bikes. With more and more end-users and manufacturers preferring crank motors over hub motorss set to witness substantial growth during the forecast period.

Geographical segmentation and analysis of the global bicycle crank motor market

  • Americas
  • APAC
  • EMEA

APAC dominates the market, with China being its main contributor. Crank motors are highly popular in this region. Globally, over 30% of the total e-bikes and pedelecs use crank motors, and this trend is expected to increase further over the next four years.

Competitive landscape and key vendors

Thanks to growing investments in R&D by the leading market vendors to improve the efficiency of E-bikes, the adoption of bicycle crank motors is set to rise. The market is expected to witness intense competition while attracting many new players during the forecast period.

The leading vendors of the market analyzed in this report include -

  • Bosch
  • Continental
  • Panasonic
  • Yamaha

The other prominent vendors of the market include Bofeilli, Kalkhoff, Unique Product and Design, and Shimano.

Key questions answered in the report

  • What are the key factors driving the bicycle crank motor market?
  • What are the key market trends impacting the growth of the bicycle crank motor market?
  • What are the various opportunities and threats faced by the bicycle crank motor market?
  • Trending factors influencing the market shares for APAC, Americas, and EMEA?
  • Key outcome of the five forces analysis on the bicycle crank motor market?
  • Growth forecast of the bicycle crank motor market until 2020?

Technavio also offers customization on reports based on specific client requirement.

Related reports

Similar Topics

Truck platooning as a concept is fairly new and is part of a suite of features that self-driving trucks might employ in the near future. A platoon is a group of vehicles that can safely travel...
A motorcycle infotainment system is a device that provides information and entertainment to the rider while riding a motorcycle. Such devices enable communication between different vehicles and is...
Following the invention of the helmet, motorcycle airbag jackets are the most important safety innovation for motorcycle riders. These jackets have two anchoring cables and a CO2 cartridge and come...
Overview of the global automotive steer-by-wire (SBW) system market Technavio’s market research analyst predicts the global automotive steer-by-wire (SBW) market to grow at a CAGR of more than 28%...
Outlook of the auto electronics market The global auto electronics market is envisaged to witness tremendous growth and will post a CAGR of more than 14% over the forecast period. The increasing...
Speech recognition refers to the capability of a machine or program to receive, understand, and execute spoken commands. This technology combines know-how and research of various fields including...