Latest Study on “E-Bike Drive Unit Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2027”.
The global E-Bike Drive Unit market size is expected to be worth around US$ 9,685 million by 2027, according to a new report by Nova One Advisor .
The global E-Bike Drive Unit market size was valued at US$ 6,815 million in 2020 and is anticipated to grow at a CAGR of 5.0% during forecast period 2021 to 2027.
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Vehicle electrification is one of the greatest developments in the automotive power drives sector. Cumulative concern about environmental protection has prompted the battery research that extensively drives the electric mobility across the globe. Among other electric vehicles, electric bicycles (e-bikes) sustained to be the highest selling vehicles across the globe since past decade with a registered sale of more than 30 million in the year 2016. In order to diminish the traffic congestion, bike sharing is a healthy and sustainable choice. With the initiation of bike sharing, the mobility sector is expected to reshape its business model. As per a study released by Roland Berger, bike sharing has grown stupendously in the recent past and is now available in more than 70 countries with a continuous growth of nearly 20% over the analysis years.
Report Scope of the E-Bike Drive Unit Market
|Market Size||USD 9,685 million by 2027|
|Growth Rate||CAGR of 5.0% From 2021 to 2027|
|Forecast Period||2021 to 2027|
|Historic Data||2017 to 2020|
|Report coverage||Growth Factors, Revenue Status, Competitive Landscape, and Future Trends|
|Segments Covered||Product Type, Application Type and Region|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)|
|Companies Mentioned||Robert Bosch GmbH, Continental AG, Yamaha Motor Corporation, Panasonic, Shimano, MAHLE GmbH, Giant Bicycles, Bafang Electric (Suzhou) Co., Ltd, Brose Fahrzeugteile SE & Co. KG|
Highlights of the Report:
- Hub motors are simple in construction, lighter in weight, and inexpensive to the manufacturers due to which it is the most commonly found motors in the e-bike. However, significant number of advantages offered by the mid-drive motors over hub motors expected to drive their demand overt the forthcoming years
- Asia Pacific garnered major portion of revenue and consumption share of more than 92% in the year 2020. Noteworthy production of e-bikes in China is the major factor that drives the market growth in the region
Bike sharing services is also on escalation in numerous nations such as the U.S., China, India, and also in European & African countries. As per a survey, Beijing, China has reported a growth of around 200% in the bikeshare riders. In order to accommodate the swelling demand for cycling, several European cities such as Seattle, Paris, London, Bogota, and many other cities have shutdown roads to cars and prop up permanent bike lanes as a new road infrastructure project.
China projected to be the front-runner in the e-bike adoption accounting for more than 90% of the total production and consumption share in 2018. Global market for e-bike expected to foresee robust growth. Protuberant growth is majorly anticipated from the Western Europe and some parts of the Asia Pacific such as Vietnam and Japan. Green mobility drive in Germany is the major influence supporting its extraordinary growth in the country. In 2015, Germany alone accounted for the e-bike unit sales of around 500,000 and expected to grow stupendously over the coming years.
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Recent report on the E-Bike Drive Unit market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the E-Bike Drive Unit market analyzes the scenario for the period of 2017 to 2027, wherein, 2021 is the base year and 2020 is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global E-Bike Drive Unit market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.
The report analyzes the historical and present-day scenario of the global E-Bike Drive Unit market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the E-Bike Drive Unit market. These indices serve as valuable tools for existing market players as well as for entities interested in participating in the market.
The report delves into the competition landscape of the global E-Bike Drive Unit market. Key players operating in the market have been identified and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the E-Bike Drive Unit market that are profiled in this report.
Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments are provided in the report. The E-Bike Drive Unit market is analyzed at both regional and country levels.
E-Bike Drive Unit Market top Key Players:
Robert Bosch GmbH, Continental AG, Yamaha Motor Corporation, Panasonic, Shimano, MAHLE GmbH, Giant Bicycles, Bafang Electric (Suzhou) Co., Ltd, Brose Fahrzeugteile SE & Co. KG
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:
- Mid-Drive Motors
- Hub Motors
A unique research methodology has been utilized to conduct a comprehensive research on the growth of the global E-Bike Drive Unit market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions. Secondary sources referred to by analysts during the production of the global market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which serves as a validation from mattress topper industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global E-Bike Drive Unit market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped to estimates the future prospects of the global market more reliable and accurate.
Key Questions are
- What are the key factors influencing the E-Bike Drive Unit market in each region?
- How much value will the global market generate by the end of the forecast period?
- What will be the CAGR of the global market between 2021 and 2027?
- What would be the Y-o-Y growth trend of the global market between 2021 and 2027?
- What is the future scope and current trends in technologies of the global market?
- What is the revenue of the global market based on segments?
- Which key strategies are used by top players of the global market?
- Which are the leading companies in the global market?
- What are the essential strategies by key stakeholders in the market to expand their geographic presence?
- What are the major advancements witnessed in the global market?
Why Buy this Report?
The purpose of Nova one advisor’s E-Bike Drive Unit market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
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