The global E-bike Drive Unit market size is expected to be worth around US$ 9,361 Mn by 2030, according to a new report by Vision Research Reports.
The global E-bike Drive Unit market size was valued at US$ 7,200 mn in 2020 and is anticipated to grow at a CAGR of 5.20% during forecast period 2021 to 2030.
The impacted the business and the market players be it large or small. But despite the challenges that includes volatility, constraints, industry consolidation, changing consumer preferences, and new advances are opening up scores of opportunities for the companies or the market players to explore. In-depth study provided in this global e-Bike Drive Unit market report is the best and reliable source of information to support healthy business and help the market players easily navigate through disruption.
|Market Size||USD 9,361 Mn by 2030|
|Growth Rate||CAGR of 5.20% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Type, Application|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Bosch, Continenta, Yamaha Motor, Panasonic, Shimano|
Electric bike is a bicycle with an integrated electric motor drive mechanism and battery, which produces power for causing or assisting propulsion. Various kinds of globally available e-bikes range from electric bikes with a small motor to assist the pedal-power of the rider to more powerful e-bikes that produce power to completely drive the bike using throttle.
Electric bikes are a flexible, versatile, eco-friendly, and trendy mode of transport. Consumers look up to them as an ideal substitute for scooters, smart cars, and public transport. These bikes help tackle traffic congestion, owing to the smaller size of e-bikes, attain higher speed with lesser effort, and health benefits attained with peddling. These factors lead to rise in popularity of electric bikes across the globe
The report included detailed analysis on the E-bike Drive Unit production capacity, its market share by manufacturers, growth rate, regional production capacity, ex-factory rate, and other important data points. The report also covers E-bike Drive Unit consumption globally as well as thorough bifurcation into regional and country wise consumption.
Government subsidy on the sale of electric bikes (E-bike) is acting as a major growth driver for the E-bike market. An E-bike has an integrated electric motor and rechargeable batteries that reduces pollution by eliminating carbon dioxide emissions in the environment.
Government-backed Funds Fueling Electric Bike Sales in Europe
Commuters are demanding climate-friendly, healthy, and virus-free alternatives to crowded public transport modes. This has led to the increased adoption of electric bikes. The electric bike market is projected to reach a valuation of US$ 95.50 Bn by 2031. It has been found that before the pandemic, the Confederation of the European Bicycle Industry (CONEBI) has been predicting that the Europe electric bike market will grow at an exponential rate between 2019 and 2024. Both conventional and electric bike sales are growing rapidly in Europe. The U.K. Government is backing this trend by introducing a £250 Mn emergency active travel fund, which focuses on getting people onto bicycles.
The trend of zero emission mobility is driving a significant change in the electric bike market. Apart from individuals, manufacturers are tapping current and future income sources through last-mile autonomous delivery vehicles. Thus, to achieve this, companies in the electric bike market are increasing research to leverage and adapt the technological platforms that have earlier been developed for the automotive industry.
Startups Turn Abandoned Bikes into Electric Bikes for Sustainable Commuting
The Teebike project in France is gaining popularity for transforming old bikes into electric bikes, equipped with electric motor and Bluetooth, which can be easily fitted on to the front of any bike. The Bluetooth system connects the wheel to the user’s smartphone, enabling the user to control the settings. Stakeholders in the electric bike market are taking cues from such projects to leverage rejected and abandoned bikes into electric bikes for sustainable commuting.
Market Segment by Type
Market Segment by Application
The E-bike Drive Unit market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of E-bike Drive Unit market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global E-bike Drive Unit market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the E-bike Drive Unit market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted E-bike Drive Unit market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the E-bike Drive Unit capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of E-bike Drive Unit by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global E-bike Drive Unit market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major E-bike Drive Unit market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of E-bike Drive Unit market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the E-bike Drive Unit industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
E-bike Drive Unit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to E-bike Drive Unit market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of E-bike Drive Unit market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new E-bike Drive Unit market. These factors have benefited the growth of the global market for E-bike Drive Unit. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for E-bike Drive Unit. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of E-bike Drive Unit are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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