About E-Bicycle Mid-drive Motor
E-Bicycle Mid-drive Motor is kind of machine which is situated between the cranks. A shaft that is attached to a chain ring is spun by the torque produced by an electric motor. Therefore, rather than adding another power source, the motor augments your pedaling power within the chain-drive of the bicycle. There’s also a gear reduction system within the motor pack. Mid-drive electric bike motors spin hundreds of times per minute much faster than could pedal so the motor’s internal gearing reduces the RPMs at the shaft, therefore optimizing the system’s performance to a rider-friendly cadence.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market for E-Bicycle Mid-drive Motor is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global E-Bicycle Mid-drive Motor 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.
Bosch (Germany), Yamaha (Japan), Bionicon (Germany), Kalkhoff Bikes (Germany), Optibike (United States), Evelo (United States), Panasonic (Japan), Shimano Steps (Japan), TranZX(Germany) and Protanium (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Shengyi (China), Polini (Italy), Cyc Motor (Japan), Mahle (Germany), Luna Cycle (United States), Bafang (China) and Rize Bike (Canada).
Segmentation Overview
AMA Research has segmented the market of Global E-Bicycle Mid-drive Motor market by and Region.
On the basis of geography, the market of E-Bicycle Mid-drive Motor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Components, the sub-segment i.e. Brake Sensor will boost the E-Bicycle Mid-drive Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity, the sub-segment i.e. 250 Watts will boost the E-Bicycle Mid-drive Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology Type, the sub-segment i.e. Brushed DC will boost the E-Bicycle Mid-drive Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sale will boost the E-Bicycle Mid-drive Motor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement in Robotics and AI and Uses of New Wireless Sensors and Navigations Technique in E-Bicycle Mid-drive Motor
Market Growth Drivers:
Rising Demand of Eco-Friendly and Pollution Free Vehicle Among Consumers, Rising Growth of Electrical Vehicles over the World and Rising Demand of Bicycles in Fitness Enthusiasts
Challenges:
Easily Available E-Bicycle Hub Motors in A Market as A Substitute and High Cost Maintenance Associated with E-Bicycle Mid-drive Motor
Restraints:
Expensive than Most of the E-Bicycle Motors Available in Market
Opportunities:
Rapid Growth in Automotive Industry
On 7 June 2022, Evelo launches new ‘comfort cruiser’ 25 mph electric powered bike with throttle-enabled mid-drive motor. Electric bike producer Evelo is returned with a brand-new mannequin recognized as the Evelo Galaxy SL. The up to date mannequin is designed as a relief cruiser that need to be best for a huge vary of riders.
Key Target Audience
E-Bicycle Mid-drive Motor Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private 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.