An electric motor is an electrical machine that converts electrical energy into mechanical energy. An electric generator operates in the reverse direction, converting mechanical energy into electrical energy. Most electric motors operate through the interaction between the motor’s magnetic field and winding currents to generate force. In certain applications, such as in regenerative braking with traction motors, electric motors can be used in reverse as generators to recover energy that might otherwise be lost as heat and friction.
The increasing congestion and pollution in the cities are leading to the adoption of bicycles because they are cheap, environment-friendly, healthy, and traffic-reducing mode of transport. Fuel prices have increased significantly in the past few years and continue to fluctuate. According to the US Energy Information Administration, the average price per barrel of crude oil was $43/b in 2016. The rise in fuel prices has resulted in the increase in the adoption of electric bicycles and pedelecs as a daily mode of transport. With the rise in fuel prices, the demand for battery-powered bicycles has increased. Bicycles are equipped with motors, which help manage speeds better and make them easier to drive through mountain areas, overpasses, and rough roads. Inclination toward crank motor in electric bicycles is one of the key trends contributing towards the bicycle motors market. To gain higher performance capacity and suitability of uphill rides, the new generation electric bicycles are incorporating crank motors. APAC is expected to be the major revenue contributor to the bicycle motors market throughout the forecast period. One of the major reason for the growth of this market in this region is the increasing adoption of electric bicycles in China.
Global Bicycle Motors market size will reach 8290 million US$ by 2025, from 5200 million US$ in 2018, at a CAGR of 6.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Bicycle Motors.This industry study presents the global Bicycle Motors market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Bicycle Motors production, revenue and market share by manufacturers, key regions and type;
The consumption of Bicycle Motors in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Bosch, Brose Antriebstechnik, etc.The following manufacturers are covered in this report:
Bosch
Brose Antriebstechnik
Continental
Panasonic
Yamaha MotorBicycle Motors Breakdown Data by Type
Hub Motor
Crank Motor
Bicycle Motors Breakdown Data by Application
E-Bike
PedelecsBicycle Motors Production by Region
United States
Europe
China
Japan
South Korea
India
Other RegionsBicycle Motors Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & AfricaThe study objectives are:
To analyze and research the global Bicycle Motors status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key Bicycle Motors manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.In this study, the years considered to estimate the market size of Bicycle Motors :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Bicycle Motors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents 1 Study Coverage 1.1 Bicycle Motors Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global Bicycle Motors Market Size Growth Rate by Type 1.4.2 Hub Motor 1.4.3 Crank Motor 1.5 Market by Application 1.5.1 Global Bicycle Motors Market Size Growth Rate by Application
