Global Lithium Battery Electric Bike Drive Motor Market by Type (Hub Motor, Mid Motor), By Application (OEM, Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global lithium battery electric bike drive motor market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric bikes, rising awareness about the benefits of using electric bikes, and technological advancements in lithium battery electric bike drive motors. The global lithium battery electric bike drive motor market can be segmented on the basis of type into hub motors and mid-motors. Hub motors are more popular than mid-motors and are expected to account for a larger share of the global market during the forecast period. On the basis of application, OEMs accounted for a larger share of the global market in 2017 than aftermarket players. However, aftermarket players are expected to witness higher growth rates duringthe forecast period owingto their ability toreach outtothe end user directly.



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Product Definition:

The Lithium Battery Electric Bike Drive Motor is a battery-powered electric motor that helps power your bike. It's important because it provides the power you need to get moving and helps you pedal when needed.

Hub Motor:

A hub motor is a type of electric bicycle drivetrain that consists of an electric motor integrated with the bike wheel hub. The concept was originated in Europe and has been adopted by many countries around the world. In a hub motor, instead of using a chain or gears, the entire power transmission is carried out by motors mounted on the wheel hubs. These are usually less expensive than mid-drive motors and require fewer parts making them lighter to carry as well.

Mid Motor:

The mid motor is the main power source for electric bike drive. It's a kind of hybrid technology that integrates the best features of both brush and hub motors into one compact design. The integration provides benefits such as reduced size, weight, and cost without compromising on power or range. This has made it popular among e-bike manufacturers who seek to increase their profit margins by reducing overall product costs while maintaining high performance levels.

Application Insights:

On the basis of application, the market is segmented into OEM and aftermarket. The OEM segment held a major share in 2017 as most of the manufacturers are focusing on developing electric bikes with Lithium battery as their primary energy source. As a result, these bikes are sold under original equipment manufacturer (OEM) name which indicates that bike has an authentic motor from factory.

The aftermarket segment is expected to witness significant growth over the forecast period owing to growing demand for high power Lithium battery electric bike drive motors among enthusiasts and professionals who require powerful gears but do not have expensive bicycles or need more than two gears. The availability of various products in affordable prices enables consumers to buy higher power levels thus driving product demand in this segment over the forecast period.

In terms of revenue, aftermarket dominated the global market with a share of around 60% in 2017 due to wide scale adoption by commercial organizations such as restaurants.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing lithium battery production capacity in China, which has a positive impact on reducing battery cost as well as improving manufacturing efficiency of electric vehicles and bicycles. In addition, growing urbanization across emerging countries such as India and Japan is anticipated to fuel product demand. Moreover, favorable government regulations for the adoption of electric vehicles are also expected to drive industry growth over the next eight years.

Europe accounted for more than 25% share of global revenue in 2017 owing to high consumer awareness regarding environmental pollution caused by carbon emissions from conventional power sources along with rising disposable income levels among regional consumers especially millennials who prefer products that save energy costs while providing maximum performance. Increasing R&D activities related Lithium-ion batteries used across various applications are projected favorably impact industry growth during the forecast period  In addition, presence of major players such as Panasonic Corporation; Sanyo Electric Co.

Growth Factors:

Increasing demand for electric bikes from the consumers across the globe
Government initiatives to promote electric vehicles and lithium battery electric bike drive motor market
Rising disposable income of people, which is resulting in an increase in sales of luxury bikes
Technological advancements in lithium battery electric bike drive motors that are making them more efficient and reliable
Growing popularity of cycling as a mode of transportation


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Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Battery Electric Bike Drive Motor Market Research Report
By Type
Hub Motor, Mid Motor
By Application
OEM, Aftermarket
By Companies
Bosch, Wuxi Xingwei, Ananda, Xin Da Yang, Sinemotor, Bafang, Shimano, Continental, Panasonic, Dapu Motors, Yamaha, Derby Cycle, TranzX
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.

Global Lithium Battery Electric Bike Drive Motor Market Report Segments:
The global Lithium Battery Electric Bike Drive Motor market is segmented on the basis of:
Types
Hub Motor, Mid Motor
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
Wuxi Xingwei
Ananda
Xin Da Yang
Sinemotor
Bafang
Shimano
Continental
Panasonic
Dapu Motors
Yamaha
Derby Cycle
TranzX



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Highlights of The Lithium Battery Electric Bike 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:
Hub Motor
Mid Motor
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 Lithium Battery Electric Bike 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
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



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

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