NEW YORK, July 8, 2022 /PRNewswire/ — The bicycle motors market size is set to grow by 15805.67 thousand units from 2020 to 2025, progressing at a CAGR of 7.22% according to Technavio. Technavio categorizes the bicycle motors market as a part of the global leisure products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bicycle motors market during the forecast period.
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Bicycle Motors Market 2021-2025: Scope
Our bicycle motors market report covers the following areas:
Bicycle Motors Market 2021-2025: Vendor Analysis
The bicycle motors market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., and ZF Friedrichshafen AG are some of the major market participants.
- Panasonic Corp. – The company offers different types of motors for different purposes such as mountain e-bikes, city bikes, and urban bikes.
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Bicycle Motors Market 2021-2025: Market Dynamics
- Drivers: The fuel- efficiency of bicycles, heavy traffic congestion & increasing demand for eco-friendly transport will offer immense growth opportunities.
- Challenges: The high price of electric bicycles, lack of adequate bicycle infrastructure & regulatory issues will challenge the growth of the market participants.
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Bicycle Motors Market 2021-2025: Segmentation
- By Type – Hub Motor & Crank Motor
The bicycle motors market share growth by the hub motor segment will be significant for revenue generation The hub motor holds a large share of aftermarket fitment, as it is cheaper than other motors and very effective as an upgrade. The hub motor is also recommended for all-wheel drive (AWD) electric bicycles as it is easier to install and cost-effective. The hub motor is the most common motor type used in electric bicycles today. As the crank motor was expensive, the hub motor was developed as a cheaper alternative. Today, hub motors have been developed to provide greater efficiency. Because the hub motor is placed in the hub, the center part of the wheel, it retrofits any kind of bicycle. - By Geography – APAC, Europe, North America, South America & MEA
55% of the market’s growth will originate from APAC during the forecast period. China is the key market for bicycle motors market in APAC. Market growth in this region will be faster than the growth of the market in regions. The rise in traffic congestion and the lack of proper public transport will facilitate the bicycle motors market growth in APAC over the forecast period.
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Bicycle Motors Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist bicycle motors market growth during the next five years
- Estimation of the bicycle motors market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the bicycle motors market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of bicycle motors market vendors
Related Reports:
- The bicycle lights market has the potential to grow by 136.51 mn units during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8%.
- The bicycle suspension system market share will accelerate at a CAGR of 6.18% and reach an estimated value of USD 682.04 million by 2026.
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Bicycle Motors Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.22% |
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Market growth 2021-2025 |
15805.67 thousand units |
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Market structure |
Fragmented |
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YoY growth (%) |
5.83 |
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Performing market contribution |
APAC at 55% |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., and ZF Friedrichshafen AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
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Customization purview |
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments. |
Table Of Contents :
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Leisure Products
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 – 2025
- Exhibit 06: Global – Market size and forecast 2020 – 2025 (thousand units)
- Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 08: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 09: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 10: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 11: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 12: Threat of rivalry
- 4.7 Market condition
- Exhibit 13: Market condition – Five forces 2020
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 14: Type – Market share 2020-2025 (%)
- 5.2 Comparison by Type
- Exhibit 15: Comparison by Type
- 5.3 Hub motor – Market size and forecast 2020-2025
- Exhibit 16: Hub motor – Market size and forecast 2020-2025 (thousand units)
- Exhibit 17: Hub motor – Year-over-year growth 2020-2025 (%)
- 5.4 Crank motor – Market size and forecast 2020-2025
- Exhibit 18: Crank motor – Market size and forecast 2020-2025 (thousand units)
- Exhibit 19: Crank motor – Year-over-year growth 2020-2025 (%)
- 5.5 Market opportunity by Type
- Exhibit 20: Market opportunity by Type
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 22: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 23: Geographic comparison
- 7.3 APAC – Market size and forecast 2020-2025
- Exhibit 24: APAC – Market size and forecast 2020-2025 (thousand units)
- Exhibit 25: APAC – Year-over-year growth 2020-2025 (%)
- 7.4 Europe – Market size and forecast 2020-2025
- Exhibit 26: Europe – Market size and forecast 2020-2025 (thousand units)
- Exhibit 27: Europe – Year-over-year growth 2020-2025 (%)
- 7.5 North America – Market size and forecast 2020-2025
- Exhibit 28: North America – Market size and forecast 2020-2025 (thousand units)
- Exhibit 29: North America – Year-over-year growth 2020-2025 (%)
- 7.6 South America – Market size and forecast 2020-2025
- Exhibit 30: South America – Market size and forecast 2020-2025 (thousand units)
- Exhibit 31: South America – Year-over-year growth 2020-2025 (%)
- 7.7 MEA – Market size and forecast 2020-2025
- Exhibit 32: MEA – Market size and forecast 2020-2025 (thousand units)
- Exhibit 33: MEA – Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 34: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 35: Market opportunity by geography
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- Exhibit 36: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 37: Vendor landscape
- 9.3 Landscape disruption
- Exhibit 38: Landscape disruption
- Exhibit 39: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 40: Vendors covered
- 10.2 Market positioning of vendors
- 10.3 BionX International Corp.
- Exhibit 42: BionX International Corp. – Overview
- Exhibit 43: BionX International Corp. – Product and service
- Exhibit 44: BionX International Corp. – Key offerings
- 10.4 Brose Fahrzeugteile SE & Co. KG
- Exhibit 45: Brose Fahrzeugteile SE & Co. KG – Overview
- Exhibit 46: Brose Fahrzeugteile SE & Co. KG – Product and service
- Exhibit 47: Brose Fahrzeugteile SE & Co. KG – Key news
- Exhibit 48: Brose Fahrzeugteile SE & Co. KG – Key offerings
- 10.5 Continental AG
- Exhibit 49: Continental AG – Overview
- Exhibit 50: Continental AG – Business segments
- Exhibit 51: Continental AG – Key offerings
- Exhibit 52: Continental AG – Segment focus
- 10.6 Derby Cycle Holding GmbH
- Exhibit 53: Derby Cycle Holding GmbH – Overview
- Exhibit 54: Derby Cycle Holding GmbH – Product and service
- Exhibit 55: Derby Cycle Holding GmbH – Key offerings
- 10.7 Panasonic Corp.
- Exhibit 56: Panasonic Corp. – Overview
- Exhibit 57: Panasonic Corp. – Business segments
- Exhibit 58: Panasonic Corp. – Key news
- Exhibit 59: Panasonic Corp. – Key offerings
- Exhibit 60: Panasonic Corp. – Segment focus
- 10.8 Robert Bosch GmbH
- Exhibit 61: Robert Bosch GmbH – Overview
- Exhibit 62: Robert Bosch GmbH – Business segments
- Exhibit 63: Robert Bosch GmbH – Key offerings
- Exhibit 64: Robert Bosch GmbH – Segment focus
- 10.9 Shimano Inc.
- Exhibit 65: Shimano Inc. – Overview
- Exhibit 66: Shimano Inc. – Business segments
- Exhibit 67: Shimano Inc. – Key offerings
- Exhibit 68: Shimano Inc. – Segment focus
- 10.10 Sunstar Suisse SA
- Exhibit 69: Sunstar Suisse SA – Overview
- Exhibit 70: Sunstar Suisse SA – Business segments
- Exhibit 71: Sunstar Suisse SA – Key news
- Exhibit 72: Sunstar Suisse SA – Key offerings
- Exhibit 73: Sunstar Suisse SA – Segment focus
- 10.11 Yamaha Corp.
- Exhibit 74: Yamaha Corp. – Overview
- Exhibit 75: Yamaha Corp. – Business segments
- Exhibit 76: Yamaha Corp. – Key offerings
- Exhibit 77: Yamaha Corp. – Segment focus
- 10.12 ZF Friedrichshafen AG
- Exhibit 78: ZF Friedrichshafen AG – Overview
- Exhibit 79: ZF Friedrichshafen AG – Business segments
- Exhibit 80: ZF Friedrichshafen AG – Key offerings
- Exhibit 81: ZF Friedrichshafen AG – Segment focus
11 Appendix
- 11.1 Scope of the report
- Exhibit 82: Currency conversion rates for US$
- Exhibit 83: Research Methodology
- Exhibit 84: Validation techniques employed for market sizing
- Exhibit 85: Information sources
- Exhibit 86: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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