2020-10-26 08:18 EET E-Bike Drive Unit Market Size, CAGR, Growth Outlook, Company Analysis and Forecast 2020 to 2027

The global E-bike drive unit market size was valued at US$ 6,199 million in 2019 and predicted to reach over US$ 8,361 million by 2027, with a registered compound annual growth rate (CAGR) of around 4.43% during forecast period 2020 to 2027.

Vehicle electrification is one of the greatest developments in the automotive power drives sector. Cumulative concern about environmental protection has prompted the battery research that extensively drives the electric mobility across the globe.

In spite of the intensifying growth of e-bike, there are still some gaps and challenges in terms of technology in the existing e-bikes that holds back its growth. Battery maintenance is the major concern in e-bikes due to its limited life span of around 2-3 years particularly for lithium ion batteries. Though, the research in continued for the advancement in lithium ion battery, yet the problem is not been fixed. Apart from battery, motor maintenance is the other foremost concern that holds back the full growth of e-bike, hence affects undesirably to the e-bike drive unit market.

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Report Highlights

• Hub motors are simple in construction, lighter in weight, and inexpensive to the manufacturers due to which it is the most commonly found motors in the e-bike. However, significant number of advantages offered by the mid-drive motors over hub motors expected to drive their demand overt the forthcoming years • Asia Pacific garnered major portion of revenue and consumption share of more than 90% in the year 2019. Noteworthy production of e-bikes in is the major factor that drives the market growth in the region

Certain noteworthy players competing in the E-bike Drive Unit market include:

• Robert Bosch GmbH • Continental AG • Yamaha Motor Corporation • Panasonic • • MAHLE GmbH • Giant • Bafang Electric (Suzhou) Co., Ltd • Brose Fahrzeugteile SE & Co. KG • Other

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Market Segmentation

This research report includes complete assessment of the market with the help of extensive qualitative and quantitative insights, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2016 to 2027. This report includes market segmentation and its revenue estimation by classifying it the basis of product, application and region as follows:

By Product Type

• Mid-Drive Motors • Hub Motors

By Application

• OEMs • Aftermarket

By Regional Outlook

• North America • U.S. • Canada

• Europe • Germany • France • United Kingdom • Rest of Europe

• Asia Pacific • China • • India • Southeast Asia • Rest of Asia Pacific

• Latin America • Brazil • Rest of Latin America

• Middle East & Africa (MEA) • GCC • North Africa • South Africa • Rest of Middle East & Africa Auto Tech Review is leading automotive-technology magazine, focused on the growing automotive engineering industry and community.