Market Overview:
The global electric bike mid-drive motor market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric bikes across the globe, coupled with the rising awareness about their benefits. Additionally, government initiatives and regulations supporting electric mobility are also propelling the growth of this market. The global electric bike mid-drive motor market is segmented on the basis of type and application. On the basis of type, it is divided into below 250W and above 250W motors. The below 250W segment is expected to account for a larger share in terms of revenue in 2018 owing to its lower cost as compared to above 250W motors. However, above 250W motors are anticipated to witness higher growth during the forecast period due to their superior performance as compared to below250 W motors. On the basis of application, it is classified into OEM and aftermarket segments. The OEM segment accounted for a larger share in terms revenue in 2017 owing ot its higher adoption by original equipment manufacturers (OEMs).
Product Definition:
Electric bike mid-drive motor is a device that helps to power an electric bicycle. It is mounted between the pedals and the frame, and it helps to convert the human energy into electrical energy that powers the bike. This is important because it allows people to use their own power to ride their bikes, which can be helpful for those who are looking for a more environmentally friendly option or who want to save on gas costs.
Below 250W:
Below 250W, it's usage.
Electric bike mid-drive motors are used to convert the direct drive (class 1 or 2) of a bicycle into class 4. They can be integrated with either a standard bicycle or an electric one.
Above 250W:
The Above 250W is the power output above or equal to 250 Watts which is generally used in electric bike mid-drive motors. The market size of the global electric bike mid-drive motor market was valued at USD 3,15 billion in 2018 and expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2019 to 2025.
Application Insights:
OEM application dominated the global electric bike mid-drive motor market in terms of revenue share in 2017. The segment is expected to expand at a steady CAGR over the forecast period owing to various advantages associated with OEM products, such as first-party component quality control, factory support and aftersales services. Furthermore, many original equipment manufacturers are entering into partnerships with e-bike companies for the production of electric bikes or integrating e-bike components into their existing product lines. Such trends are likely to positively influence segment growth over the coming years.
The aftermarket segment is projected witness significant growth over the forecast period due to rising demand for replacement mid-drive motors among consumers who previously purchased OEM products from electronic bicycle manufacturers. Replacement mid-drive motors offer higher power density than standard hub motors; this allows them to be installed in larger and more expensive bicycles without increasing bicycle costs much beyond ,000 USD (excluding extra cost for high voltage battery packs).
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The U.S. is one of the key markets in this region and has a large number of electric bike ridership, which is expected to increase with rising mid-drive motor adoption across the country. Moreover, growing awareness regarding health and environmental benefits coupled with increasing disposable income are some major factors driving regional growth.
Asia Pacific is anticipated to be the fastest-growing market at a CAGR exceeding 10% from 2018 to 2030 owing to increasing government initiatives for promoting green transportation as well as improving infrastructure within countries such as China and India that have been experiencing rapid economic growth over past few years (since 2010).
Growth Factors:
- Increasing demand for electric bikes from the millennials
- Government initiatives for promotion of electric vehicles
- Growing popularity of cycling as a mode of transportation
- Rising prices of fuel and environmental concerns
- Technological advancements in electric bike motors
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Bike Mid-drive Motor Market Research Report
By Type
Below 250W, Above 250W
By Application
OEM, Aftermarket
By Companies
Bosch, Yamaha, Shimano, Bafang, Brose, Panasonic, Derby Cycle, TQ-Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Electric Bike Mid-drive Motor Market Report Segments:
The global Electric Bike Mid-drive Motor market is segmented on the basis of:
Types
Below 250W, Above 250W
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Yamaha
- Shimano
- Bafang
- Brose
- Panasonic
- Derby Cycle
- TQ-Group
Highlights of The Electric Bike Mid-drive Motor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 250W
- Above 250W
- By Application:
- OEM
- Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Bike Mid-drive Motor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric bike mid-drive motor is a type of electric bike motor that uses an internal combustion engine as a power source. This type of motor is often found on larger, heavier bikes that are designed for off-road use. They provide more power and range than standard electric bike motors, making them perfect for long rides in difficult terrain.
Some of the major players in the electric bike mid-drive motor market are Bosch, Yamaha, Shimano, Bafang, Brose, Panasonic, Derby Cycle, TQ-Group.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Bike Mid-drive Motor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Bike Mid-drive Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Bike Mid-drive Motor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Bike Mid-drive Motor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Bike Mid-drive Motor Market Size & Forecast, 2018-2028
4.5.1 Electric Bike Mid-drive Motor Market Size and Y-o-Y Growth
4.5.2 Electric Bike Mid-drive Motor Market Absolute $ Opportunity
Chapter 5 Global Electric Bike Mid-drive Motor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Bike Mid-drive Motor Market Size Forecast by Type
5.2.1 Below 250W
5.2.2 Above 250W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Bike Mid-drive Motor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Bike Mid-drive Motor Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Bike Mid-drive Motor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Bike Mid-drive Motor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Bike Mid-drive Motor Analysis and Forecast
9.1 Introduction
9.2 North America Electric Bike Mid-drive Motor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Bike Mid-drive Motor Market Size Forecast by Type
9.6.1 Below 250W
9.6.2 Above 250W
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Bike Mid-drive Motor Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Bike Mid-drive Motor Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Bike Mid-drive Motor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Bike Mid-drive Motor Market Size Forecast by Type
10.6.1 Below 250W
10.6.2 Above 250W
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Bike Mid-drive Motor Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Bike Mid-drive Motor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Bike Mid-drive Motor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Bike Mid-drive Motor Market Size Forecast by Type
11.6.1 Below 250W
11.6.2 Above 250W
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Bike Mid-drive Motor Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Bike Mid-drive Motor Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Bike Mid-drive Motor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Bike Mid-drive Motor Market Size Forecast by Type
12.6.1 Below 250W
12.6.2 Above 250W
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Bike Mid-drive Motor Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Bike Mid-drive Motor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Bike Mid-drive Motor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Bike Mid-drive Motor Market Size Forecast by Type
13.6.1 Below 250W
13.6.2 Above 250W
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Bike Mid-drive Motor Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Bike Mid-drive Motor Market: Competitive Dashboard
14.2 Global Electric Bike Mid-drive Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Yamaha
14.3.3 Shimano
14.3.4 Bafang
14.3.5 Brose
14.3.6 Panasonic
14.3.7 Derby Cycle
14.3.8 TQ-Group
