The e-bike (pedelec bike) hub motor market offers numerous benefits and diverse applications. Hub motors provide silent, efficient, and low-maintenance propulsion for electric bicycles. Their design allows for pedal assistance, making pedelec bikes ideal for commuting, recreational cycling, and mountain biking. Hub motors eliminate the need for a traditional chain and derailleur, reducing wear and tear. They are also versatile, allowing easy retrofitting to conventional bikes, and providing an eco-friendly and cost-effective alternative to traditional transportation methods.
According to Data Bridge Market Research, the China E-Bike (Pedelec Bikes) Hub Motor Market is expected to reach a value of USD 4,810.96 million by the year 2029, at a CAGR of 14.8% during the forecast period of 2022-2029.
“Rise in disposable income among urban households boost the market’s growth”
The rise in disposable income among urban households in China acts as a significant driver for the e-bike (pedelec bikes) hub motor market. With more disposable income, urban residents have the means to invest in sustainable and convenient transportation solutions. E-bikes equipped with hub motors offer an eco-friendly, cost-effective, and efficient mode of commuting. As a result, the demand for pedelec bikes has surged, making China a booming market for these electric-assisted bicycles.
What restraints the growth of the China e-bike (pedelec bikes) hub motor market?
“Banning of e-bikes due to concerns about public safety the market’s growth”
The banning of e-bikes by Chinese cities due to concerns about public safety acts as a notable restraint in the e-bike (pedelec bikes) hub motor market. Safety issues, such as accidents and traffic congestion, have led to restrictions and regulations on e-bike usage. These bans hinder market growth and create uncertainty for manufacturers. Striking a balance between promoting sustainable transportation and addressing safety concerns remains a challenge for the industry, impacting its expansion in urban areas.
Segmentation: China E-Bike (Pedelec Bikes) Hub Motor Market
The China e-bike (pedelec bikes) hub motor market is segmented on the basis of components, motor type, volt range, weight, drive type, sales channel, and application.
- On the basis of components, the China e-bike (pedelec bikes) hub motor market has been segmented into the electric motor, controller, power electronics, and others.
- On the basis of motor type, the China e-bike (pedelec bikes) hub motor market has been segmented into AC motors and DC motors.
- On the basis of weight, the China e-bike (pedelec bikes) hub motor market has been segmented into less than 7 pounds and more than 7 pounds.
- On the basis of drive type, the China e-bike (pedelec bikes) hub motor market has been segmented into gearless and geared.
- On the basis of sales channel, the China e-bike (pedelec bikes) hub motor market has been segmented into OEM and aftermarket.
- On the basis of application, the China e-bike (pedelec bikes) hub motor market has been segmented into commercial places and residential places.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/china-e-bike-hub-motor-market
Recent Developments
- In August 2021, Heinzmann GmbH & Co. KG introduced the CargoTwinPower Motor RN 111, revolutionizing sustainable last-mile delivery using cargo bikes, aiming to reduce costs in urban transport logistics. This expanded the company's offerings in the market.
- In August 2020, SHIMANO INC launched the Shimano EP8 platform, a lighter motor with 21% more torque (85 Nm) in both TRAIL and BOOST modes, enhancing the overall riding experience. The update also included a more user-friendly E-TUBE PROJECT system for easy customization.
The Prominent Key Players Operating in the China E-Bike (Pedelec Bikes) Hub Motor Market Include:
- Suzhou Shengyi Motor Co., Ltd. (China)
- SHIMANO INC (Japan)
- Brose Fahrzeugteile SE & Co. KG (Germany)
- MAHLE GmbH (Germany)
- Heinzmann GmbH & Co. KG (Germany)
- CNEBIKES CO., LTD (China)
- GREENPEDEL (China)
- Robert Bosch GmbH (Germany)
- Bafang Electric (Suzhou) Co., Ltd. (China)
- ANANDA (China)
- SR SUNTOUR (Japan)
Above are the key players covered in the report, to know about more and exhaustive list of China e-bike (pedelec bikes) hub motor market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: China E-Bike (Pedelec Bikes) Hub Motor Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
