Global Bicycle Motors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Bicycle Motors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Bicycle Motors market size was valued at USD 5013.6 million in 2023 and is forecast to a readjusted size of USD 7411.1 million by 2030 with a CAGR of 5.7% during review period.

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.

The Global Info Research report includes an overview of the development of the Bicycle Motors industry chain, the market status of E-Bike (Hub Motor, Crank Motor), Pedelecs (Hub Motor, Crank Motor), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bicycle Motors.

Regionally, the report analyzes the Bicycle Motors markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bicycle Motors market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Bicycle Motors market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bicycle Motors industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Hub Motor, Crank Motor).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bicycle Motors market.

Regional Analysis: The report involves examining the Bicycle Motors market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bicycle Motors market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Bicycle Motors:

Company Analysis: Report covers individual Bicycle Motors manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bicycle Motors This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (E-Bike, Pedelecs).

Technology Analysis: Report covers specific technologies relevant to Bicycle Motors. It assesses the current state, advancements, and potential future developments in Bicycle Motors areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bicycle Motors market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Bicycle Motors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Hub Motor
Crank Motor

Market segment by Application
E-Bike
Pedelecs

Major players covered
Bosch
Brose Antriebstechnik
Continental
Panasonic
Yamaha Motor

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Bicycle Motors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Bicycle Motors, with price, sales, revenue and global market share of Bicycle Motors from 2019 to 2024.

Chapter 3, the Bicycle Motors competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Bicycle Motors breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bicycle Motors market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Bicycle Motors.

Chapter 14 and 15, to describe Bicycle Motors sales channel, distributors, customers, research findings and conclusion.