Bicycle Motors Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR45633
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 Bicycle Motors Market - 2021-2025

The bicycle motors market size is expected to reach a value of 15805.67 thousand units, at a CAGR of 7.22% during 2021-2025. This research study helps in the 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 fuel-efficiency of bicycles 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 Motors Market Size

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Bicycle Motors Market Segments

Navigate through market segmentation by type (hub motor and crank motor) and geography (APAC, Europe, North America, South America, and MEA) in this bicycle motors market report to pursue growth opportunities.

Get actionable insights on the bicycle motors 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 motors market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Bicycle Motors Market Vendors and Competitive Analysis

The bicycle motors 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 motors 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 Motors Market Vendors

Bicycle Motors Market - Region Opportunities 2021-2025

55% of the bicycle motors market growth will originate from APAC during the forecast period. China and Japan are the key markets for bicycle 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 Motors Market Share by Geography

APAC has been exhibiting a significant growth rate for bicycle motors market vendors. Factors such as the increase in the sales of pedelecs, electric bicycles with a small motor to assist the rider's pedaling power are accelerating the bicycle motors market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

However, the bicycle motors market share growth in APAC will be slower 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 Motors Market Insights by Type

Bicycle Motors Market Share by Type

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

The bicycle motors market share growth by the hub motor segment will be significant during the forecast period. The hub motor holds a large share of aftermarket fitment, as it is cheaper than other motors and very effective as an upgrade. This motor is the most common motor type used in electric bicycles today. As the crank motor was expensive, the hub motor was developed as a cheaper alternative. Today, hub motors have been developed to provide greater efficiency. Because the hub motor is placed in the hub, the center part of the wheel, it retrofits any kind of bicycle. In addition, the service and repair are also easy for this kind of motor. Such factors will boost the demand for hub motors during 2021-2025. This report provides an accurate prediction of the contribution of all the segments to the growth of the bicycle motors market size.

From the bicycle motors market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations 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 Motors 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 motors market growth is the high price of electric bicycles. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

Fuel prices have increased significantly in the past few years and continue to fluctuate. This has resulted in a rise in the adoption of electric bicycles and pedelecs as a daily mode of transport. With rising fuel prices, the demand for battery-powered bicycles has also increased. Bicycles are equipped with motors that aid in managing the speed better and make it easier for riders to negotiate different or difficult terrain. Many people in Europe still prefer to cycle to work, especially as many governments in the region have constructed bicycle-friendly streets. A growing number of commuters in China are using battery-operated bicycles. Thus, the rise in fuel prices is resulting in the increased adoption of electric bicycles, in turn driving the growth of the global bicycle motors market.

This bicycle motors 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 Motors Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive bicycle motors market growth during the next five years
  • Precise estimation of the bicycle motors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bicycle motors 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 motors market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis 2020 & 2025
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Hub motor - Market size and forecast 2020-2025
    • Crank motor - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 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

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      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.

      TechnavioINFORMATION 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
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      TechnavioDATA 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
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      TechnavioREPORT WRITING

      Qualitative

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

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The bicycle motors market growth will increase by $7793.49 thousand units during 2019-2024.
      The bicycle motors market is expected to grow at a CAGR of 4.22% during 2019-2024.
      Technavio has segmented the bicycle motors market by type (Hub motor and 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 motors market.
      APAC will register the highest growth rate of 67.26% among the other regions. Therefore, the bicycle motors 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 motors market growth are:
      • Fuel-efficiency of bicycles
      The bicycle motors market vendors should focus on grabbing business opportunities from the hub motor segment as it accounted for the largest market share in the base year.
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