Global Bicycle Crank Motor Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Motor Power;

200W crank motor, 300W crank motor, and 400W crank motor.

By Application;

Conventional Bikes, and Electric Bikes.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn300675614 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Bicycle Crank Motor Market (USD Million), 2020 - 2030

In the year 2023, the Global Bicycle Crank Motor Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%.

The Global Bicycle Crank Motor Market is witnessing significant growth driven by the increasing popularity of electric bicycles (e-bikes) worldwide. These crank motors, which are integrated into the bike's crankset, play a pivotal role in powering e-bikes efficiently and seamlessly. As the demand for eco-friendly and sustainable transportation solutions rises, particularly in urban areas facing congestion and pollution issues, consumers are turning to e-bikes equipped with crank motors for an alternative mode of commute that is both convenient and environmentally friendly. Technological advancements in the design and performance of crank motors, such as improved torque sensing and power delivery systems, are further propelling market growth, offering riders a smoother and more responsive riding experience.

In North America and Europe, stringent environmental regulations coupled with increasing health consciousness among consumers are driving the adoption of e-bikes, thereby boosting the demand for crank motors. In the Asia Pacific region, rapid urbanization and the growing need for sustainable transportation solutions are fueling market growth, especially in countries like China and India. Initiatives promoting cycling infrastructure and government incentives for e-bike adoption are further accelerating market expansion across all regions, positioning the global bicycle crank motor market for continued growth in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Motor Power
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Bicycle Crank Motor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. More demand for electric bikes
        2. Consumers prefer reliable crank motors
        3. Cities promote cycling for congestion relief
        4. Cycling infrastructure expands worldwide
      2. Restraints
        1. Limited battery range affects adoption
        2. Durability and reliability concerns exist
        3. Consumer perception of e-bikes needs improvement
      3. Opportunities
        1. Teaching maintenance skills for e-bike owners
        2. Expanding e-bike sharing to suburbs and rural areas
        3. Using AR for immersive e-bike shopping
        4. Exploring blockchain for secure e-bike transactions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Bicycle Crank Motor Market, By Motor Power, 2020 - 2030 (USD Million)
      1. 200W crank motor
      2. 300W crank motor
      3. 400W crank motor
    2. Global Bicycle Crank Motor Market, By Application, 2020 - 2030 (USD Million)
      1. Conventional Bikes
      2. Electric Bikes
    3. Global Bicycle Crank Motor Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. BionX International Corp.
      2. Brose Fahrzeugteile SE & Co. KG
      3. Continental AG
      4. Derby Cycle Holding GmbH
      5. Panasonic Corp.
  7. Analyst Views
  8. Future Outlook of the Market