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Report updated on 11th September, 2021: Global Bicycle Motors Market By Type (Hub Motor, Crank Motor), By Application (Electric Scooter, Electric Motorcycles, Pedelec, Other), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)Trusted Business Insights has published a comprehensive market research report on, Global Bicycle Motors Market byProduct Type (Hub Motors and Crank Motors), By Application (Peddle Assisted, Throttle Assisted, and Hybrid) and by Region -Global Forecast to 2030, which offers a holistic view of the global Bicycle Motors market through systematic segmentation that covers every aspect of the target market. The global Bicycle Motors market is projected to be US$ 10,383.8 Mn in 2020 to reach US$ 18,812.2 Mn by 2030 at a CAGR of 3.5%. A bicycle motor is an electric instrument that provides power to an e-Bicycle or electrified bicycle. Bicycle motors are of various types such as hub motors, that are directly attached to the wheels of the bicycle or crank motors, that generally work in concert with the gear of the bicycle and other types. Rise in the number of traffic jams in the metro cities and the increasing prices of four-wheelers, two-wheelers, petrol and diesel also play an essential role in the growth of the market. Apart from being environment-friendly and budget-friendly, e-Bicycles are fast too as compared to conventional bicycles. Owing to all these advantages, the usage of e-Bicycles is increasing globally. A rapid increase in the number of cities worldwide and hence the increase in the number of vehicles are responsible for the rise in traffic jams. Thus, people prefer to use e-Bicycle which is an easy way to escape the traffic jam and heavy traffic of cities.
Global Bicycle Motors Market Revenue (US$ Mn), 2021 to 2030However, High price range of e-Bicycles restricts several customers from buying these bicycles. Nonetheless, Governments in various countries are promoting cycling and walking as a means to commute, keeping in consideration the health issues of their citizens due to the lack of physical activity. Governmental bodies in some countries organize various sports events that include cycling, while in some countries governments provide funding to provide cycle proficiency training to children. All these measures cumulatively are forecasted to increase the sale of e-bicycles worldwide. Global Bicycle Motors market is segmented on the basis of product type, application, and region. On the basis of product type, the market is segmented Hub Motors and Crank Motors. The Hub Motor accounts for the majority share in the global Bicycle Motors market, and the same segment is expected to register the highest growth rate over the forecast period. On the basis of application, the market is segmented Peddle Assisted, Throttle Assisted, and Hybrid. The Peddle Assisted segment accounts for a majority share in the global Bicycle Motors market.
Global Bicycle Motors Market by Product Type, 2018On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Asia-Pacific accounts for the majority share in the global Bicycle Motors market, followed by Europe. Europe is expected to register the highest growth rate over the forecast period. The research report on the global Bicycle Motors market includes profiles of some of the major companies such as Robert Bosch GmbH, Yamaha Motor Co., Ltd., Continental Aktiengesellschaft, Panasonic Corporation, Brose Fahrzeugteile GmbH & Co. Kommanditgesellschaft, Derby Cycle AG, BAFANG, Shimano Inc., Accell Group NV.
Below are the active patents related to Bicycle Motors Market.Patent Number: US20160304157A1 Electric bike motor using sensed air speed Abstract An electric bike is described and includes an air speed sensor to sense air speed at the bike, an electric motor to impart motive force to the bike, and a controller operatively connected to the motor, the controller to control the electric motor using the air speed sensed by the air speed sensor. The controller includes a set electric-motor parameter for the output power of the motor. The electric-motor parameter can be bike speed. The controller can also use ground inclination to determine the power to be output by the motor to assist in powering the bike. The controller can use ground inclination to determine the power to be output by the motor to charge a battery in the bike. The controller can set the power of motor assist to be greater in a greater headwind than in a lighter headwind. The controller uses rider weight and rider height as parameters for controlling the motor. Application File Date: 2015-04-16 Application Granted Date: 2017-12-19 Current Assignee: Ford Global Technologies LLC Patent Number: US20080071436A1 Energy Management System for Motor-Assisted User-Propelled Vehicles Abstract An energy management system for a motor-assisted user-propelled vehicle comprising a motor capable of assisting in propelling the vehicle and a rechargeable power supply for supplying energy to the motor. The system comprises: a user input for providing a desired value for each of at least one control parameter related to the user; a sensor for each control parameter for obtaining an actual value of the control parameter; a value comparator for receiving the desired value and the actual value of each control parameter and comparing them to generate a comparison signal for each control parameter; a command generator for generating a motor command using at least one comparison signal; and a motor controller for operating the motor, using the motor command, either to assist in propelling the vehicle, or act to recharge the power supply, in a way to bring the actual value closer to the desired value. Application File Date: 2005-09-14 Application Granted Date: 2010-04-27 Current Assignee: Leisger Cycle Inc Patent Number: US9302734B2 Drive device for an electric bicycle Abstract A drive device for an electric bicycle with a drive housing in which a hollow shaft is mounted which is connected to a chain wheel of a chain drive of the electric bicycle, a pedal crankshaft arranged coaxial to the hollow shaft and is couplable thereto, which crankshaft is connected to pedal cranks on each of its two ends and an electric motor the output of which can be coupled to the hollow shaft via a traction mechanism drive which drive means comprises a belt drive with a flexible traction mechanism in the form of a toothed belt, a flat belt, or a V-belt, or said drive means comprises a chain drive with a flexible traction mechanism in the form of a single or double roller chain. Application File Date: 2013-04-15 Application Granted Date: 2016-04-05 Current Assignee: Brose Fahrzeugteile SE and Co KG
Key Market SegmentsBy Product Type
1. Global Bicycle Motors Market - Overview 1.1. Global Bicycle Motors Market - Introduction 1.2. Market Taxonomy 1.3. Global Bicycle Motors Market Value (US$ Mn) and Y-o-Y (%) Analysis by Product Type, 2012–2028 1.3.1.Hub Motors 1.3.2.Crank Motors 1.4. Global Bicycle Motors Market Value (US$ Mn) and Y-o-Y (%) Analysis by Application, 2012–2028 1.4.1.Peddle Assisted 1.4.2.Throttle Assisted 1.4.3.Hybrid 1.5.Global Bicycle Motors Market Value (US$ Mn) and Y-o-Y (%) Analysis by Regions, 2012–2028 1.5.1.North America 1.5.2.Europe 1.5.3.Asia Pacific 1.5.4.South America 1.5.5.Middle East & Af | read more...