Bicycle Crank Motor Market by Motor Power and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR45394

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 Bicycle Crank Motor Market - 2021-2025

The bicycle crank motor market size is expected to reach a value of 9207.64 thousand units, at a decelerating CAGR of 17.33% during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as enhanced performance in hilly areas are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Bicycle Crank Motor Market Size

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Bicycle Crank Motor Market Segments

Navigate through market segmentation by motor power (300W crank motor, 200W crank motor, and 400W crank motor) and geography (APAC, Europe, North America, South America, and MEA) in this bicycle crank motor market report to pursue growth opportunities.

Get actionable insights on the bicycle crank motor market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic bicycle crank motor market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Bicycle Crank Motor Market Vendors and Competitive Analysis

The bicycle crank motor market is fragmented and the vendors are deploying organic and inorganic growth strategies to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full bicycle crank motor market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Bicycle Crank Motor Market Vendors

Bicycle Crank Motor Market - Region Opportunities 2021-2025

54% of the bicycle crank motor market growth will originate from APAC during the forecast period. China and Japan are the key markets for bicycle crank motors in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Bicycle Crank Motor Market Share by Geography

APAC has been exhibiting a significant growth rate for bicycle crank motor market vendors. Factors such as the growing demand for e-bikes across the world are accelerating the bicycle crank motor market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The bicycle crank motor market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Bicycle Crank Motor Market Insights by Motor Power

Bicycle Crank Motor Market Share by Other 1

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The bicycle crank motor market share growth by the 300W crank motor segment will be significant during the forecast period. The average selling price (ASP) of the 300W bicycle crank motor is expected to drop during 2021-2025. This price drop is associated with the increasing applications of the 300W crank motor and economies of scale in technology. Factors such as the high-demand for the 300W crank motor among startups for their new e-bike or pedelec designs and easy availability of compatible systems will drive the 300W crank motor market growth. Aftermarket modification, upgradation, replacement, and conversion kits for these motors also contributed to the large market share of this segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the bicycle crank motor market size.

From the bicycle crank motor market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Bicycle Crank Motor Market Drivers & Trends

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding bicycle crank motor market growth is high maintenance cost of crank motors. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies. This bicycle crank motor market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Bicycle Crank Motor Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive bicycle crank motor market growth during the next five years
  • Precise estimation of the bicycle crank motor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bicycle crank motor market across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bicycle crank motor market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The bicycle crank motor market growth will increase by $3163.25 million during 2019-2024.
The bicycle crank motor market is expected to grow at a CAGR of 16.50% during 2019-2024.
Technavio has segmented the bicycle crank motor market by other1 (300W crank motor, 200W crank motor, and 400W crank motor) and geographic (APAC, Europe, North America, South America, and MEA).
BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., ZF Friedrichshafen AG are a few of the key vendors in the bicycle crank motor market.
APAC will register the highest growth rate of 53.90% among the other regions. Therefore, the bicycle crank motor market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • Germany
  • The Netherlands
  • Japan
  • US
The key factors driving the bicycle crank motor market growth are:
  • Enhanced performance in hilly areas
The bicycle crank motor market vendors should focus on grabbing business opportunities from the 300w crank motor segment as it accounted for the largest market share in the base year.
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