Persistence Market Research announced the addition of the “Electric Bicycle Motors Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)" report to their offering.
New York, NY -- (SBWIRE) -- 12/11/2018 -- Persistence Market Research presents a new report titled 'Electric Bicycle Motors Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)' that studies the performance of the global electric bicycle motors market over an eight year assessment period from 2017 to 2025. The report presents the value and volume forecasts of the global electric bicycle motors market and provides important insights into the factors driving market growth as well as the factors restricting market growth. As per the assessment of Persistence Market Research, the global electric bicycle motors market was estimated to be valued at US$ 5,200 Mn in 2017 and is anticipated to touch a valuation of nearly US$ 8,500 Mn in 2025 and in the process exhibit a CAGR of 6.3% during the period of forecast 2017-2025.
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Emphasis on Manufacturing Customized Electric Bicycles in the Asia Pacific region
Electric bicycle manufacturers in the Asia Pacific region are slowly and steadily focusing on gearing up with their European counterparts in terms of technology in order to increase their exports to other countries across the world. With this objective, manufacturers in the region are focusing on introducing technologically-advanced electric bicycle models in the market so as to cater to the increasing demand as an alternative for conventional mopeds, especially in the Chinese market. Manufacturers are focusing on capitalizing on the increasing demand for mid drive motors in order to give a necessary boost to their revenue stream. Moreover, with increasing popularity of e-bikes for mountain biking in Europe, manufacturers in the Asia Pacific region are planning to expand their production facilities, which would further increase the demand for electric bicycle motors in the coming years.
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Global Electric Bicycle Motors Market: Competitive Landscape
In this report, some of the key players that are operating in the global electric bicycle motors market have been featured, which include companies such as Bafang Electric (Suzhou) Co.,Ltd, BionX International Corporation, Brose Fahrzeugteile GmbH & Co. KG, Continental AG, DAPU Motors, Derby Cycle Holding GmbH, J.D. Components Co., Ltd., Nidec Corporation, Ortlinghaus-Werke GmbH, Panasonic Corporation, Robert Bosch GmbH, Shimano Inc., Suzhou Xiongda Electric Machine Co., Ltd., TDCM Corporation Limited and Yamaha Motors Co., Ltd.