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(Transportation-News.com, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Bicycle Crank Motor market for 2018-2023.
A crank motor also called a mid-drive motor or a central motor, is a centralized motor, which is connected to a crankshaft through interlocking gears. The gear at the bottom of the motor locks into the gear ring, which is placed on top of the crankshaft. The crank motor is connected to a battery, which in turn, is connected to an electronic control unit. The battery is concealed. A switch to start and stop the motor is routed to the control unit.
Growing concerns for clean energy transportation and rising traffic congestion are expected to further increase the demand for e-bikes that largely use crank motors. E-bikes are widely used in countries such as China, Europe, and North America. Due to huge increase in urban population, the number of individual commuters and freight movement in these regions have raised. Such developments have resulted in traffic congestion, contributing the popularity of e-bikes. With the increasing number of end-users and manufacturers preferring crank motors over hub motors set to witness substantial growth during the forecast period. APAC is expected to be the major revenue contributor to the bicycle crank motor market throughout the forecast period. China is the major contributor to the market due to government’s initiatives to limit motorcycles in the city to avoid traffic disruption and accidents.
Over the next five years, this report projects that Bicycle Crank Motor will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Crank Motor market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Conventional Bikes
Electric Bikes (E-Bikes)
Segmentation by application:
200W
300W
400W
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Bosch
Brose Antriebstechnik
Continental
Panasonic
Yamaha
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bicycle Crank Motor consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bicycle Crank Motor market by identifying its various subsegments.
Focuses on the key global Bicycle Crank Motor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bicycle Crank Motor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bicycle Crank Motor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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