Global Bicycle Crank Motor Market Growth 2023-2029

Global Bicycle Crank Motor Market Growth 2023-2029

A crank motor also called a mid-drive motor or a central motor, is a centralized motor, which is connected to a crankshaft through interlocking gears. The gear at the bottom of the motor locks into the gear ring, which is placed on top of the crankshaft. The crank motor is connected to a battery, which in turn, is connected to an electronic control unit. The battery is concealed. A switch to start and stop the motor is routed to the control unit.

LPI (LP Information)' newest research report, the “Bicycle Crank Motor Industry Forecast” looks at past sales and reviews total world Bicycle Crank Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Bicycle Crank Motor sales for 2023 through 2029. With Bicycle Crank Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bicycle Crank Motor industry.

This Insight Report provides a comprehensive analysis of the global Bicycle Crank Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bicycle Crank Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bicycle Crank Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Crank Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bicycle Crank Motor.

The global Bicycle Crank Motor market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Growing concerns for clean energy transportation and rising traffic congestion are expected to further increase the demand for e-bikes that largely use crank motors. E-bikes are widely used in countries such as China, Europe, and North America. Due to huge increase in urban population, the number of individual commuters and freight movement in these regions have raised. Such developments have resulted in traffic congestion, contributing the popularity of e-bikes. With the increasing number of end-users and manufacturers preferring crank motors over hub motors set to witness substantial growth during the forecast period. APAC is expected to be the major revenue contributor to the bicycle crank motor market throughout the forecast period. China is the major contributor to the market due to government’s initiatives to limit motorcycles in the city to avoid traffic disruption and accidents.

This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Crank Motor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Conventional Bikes
Electric Bikes (E-Bikes)

Segmentation by application
200W
300W
400W

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bosch
Brose Antriebstechnik
Continental
Panasonic
Yamaha

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bicycle Crank Motor market?

What factors are driving Bicycle Crank Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bicycle Crank Motor market opportunities vary by end market size?

How does Bicycle Crank Motor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.