Persistence Market Research lately published a report titled ‘Electric Bicycle Motors Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)’ that studies the efficiency of the worldwide electric bicycle motors market over an eight-year evaluation interval from 2017 to 2025. The report presents the worth and quantity forecasts of the high electrical bicycle motors market and gives essential insights into the factors driving market progress in addition to the factors proscribing market development. Based on the evaluation of Persistence Market Research, the worldwide electrical bicycle motors market was estimated to be valued at US$ 5,200Mn in 2017 and is anticipated to reach a valuation of almost US$ 8,500Mn in 2025 and within the course of exhibit a CAGR of 6.3% in the course of the period of forecast 2017-2025.
Electrical bicycle manufacturers within the Asia Pacific region are slowly and steadily specializing in gearing up with their European rivals when it comes to technology intending to increase their exports to other international locations around the globe. With this goal, producers within the area are specializing in introducing technologically-superior electrical bicycle models available in the market to serve the growing demand as an alternative for standard mopeds, particularly within the Chinese market. Producers are specializing in capitalizing on the rising demand for mid-drive motors to give a needed increase to their income stream. Furthermore, with the growing reputation of e-bikes for mountain biking in Europe, manufacturers within the Asia Pacific region are planning to expand their manufacturing facilities, which might additionally enhance the demand for electrical bicycle motors within the coming years.
In this report, among the key gamers that are working within the world electrical bicycle motors market have been featured, which embody firms similar to Bafang Electric (Suzhou) Co., Ltd, BionX International Corporation, Brose Fahrzeugteile GmbH & Co. KG, Continental AG, DAPU Motors, Derby Cycle Holding GmbH, J.D. Parts Co., Ltd., Nidec Corporation, Ortlinghaus-Werke GmbH, Panasonic Corporation, Robert Bosch GmbH, Shimano Inc., Suzhou Xiongda Electric Machine Co., Ltd., TDCM Corporation Limited and Yamaha Motors Co., Ltd.