About E Bike Motors
Rising Demand of E-Bikes will help to boost global E-Bike Motors market in the forecasted period. A diversity of motors can be deployed in E-Bikes depending upon the power requirement, which further depends upon the type of application, types of electric motors including mid-drive, geared and gearless hub, and shaft drive. In terms of vehicle configuration, hub motor can be either geared or gearless, geared hub motor has less resistance owning to freewheel mechanism and having less no. of spokes. Growing urbanization, economic transportation medium-low for commuting at low distances, escaping of traffic snarls is expected to drive the E-Bike market and henceforth demand E-Bike motors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
The companies are focusing on strategic partnerships to improve their products and services. In addition, key players are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global E Bike Motors market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TDCM Corporation Limited (Taiwan), BionX (Canada), Robert Bosch GmbH (Germany), Suzhou Xiongda Motor Co., Ltd. (China), Yamaha Motor Co., Ltd. (Japan), Dapu Motors (China), Giant Manufacturing Co., Ltd (Taiwan), Accell Group N.V (Netherlands), Aima Technology Group Co., Ltd (China) and Panasonic Automotive & Industrial Systems Europe GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Yadea Group Holdings Ltd (China), E-FOCUS TECHNOLOGY CORP (eProdigy) (United States), ContiTech AG (Germany), MPF Drive (Austria) and Shimano Inc. (Japan).
Segmentation Overview
AMA Research has segmented the market of Global E Bike Motors market by , Application (City/Urban, Trekking (E-mountain Bikes/e-MTB) and Cargo) and Region.
On the basis of geography, the market of E Bike Motors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Capacity/Output, the sub-segment i.e. Up To 250 W will boost the E Bike Motors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Brushed DC will boost the E Bike Motors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Motor Type, the sub-segment i.e. Hub Motors [Geared, Gearless] will boost the E Bike Motors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Power Assist, the sub-segment i.e. Throttle Assist E-Bike will boost the E Bike Motors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand Due To Reduce Emission Level and Increasing Demand Due To Minimal Battery Recharging and Efficiency
Market Growth Drivers:
The high demand of Lithium-ion (Li-ion) battery technology and Growing Adoption of E-Bike Motors Battery Management System
Challenges:
Limited Availability of Distribution Channel
Restraints:
High initial Cost Associated with E Bike Motors and Growing Concern Regarding Short battery Life
Opportunities:
Government Initiative to Regulate E Bike Motors and Rising Infrastructure for E Bike motors
Market Leaders and their expansionary development strategies
In October 2023, MAHLE partners with e-bike rental companies this collaboration makes e-bikes with the X20 motor available for wider public access, promoting sustainable urban mobility.
In November 2023, Fazua Ride 60 motor launched lightweight and removable motor targets the growing demand for flexible e-bikes, offering riders the option to convert their bikes to traditional bikes on the go.
Key Target Audience
Manufactures of E-Bike Motors, Suppliers and Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.