Global E-bike Drive Unit Market 2019-2023| Shift Toward Compact Crank Motors to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”” target=”_blank”gt;#Automobileslt;/agt;–The global e-bike drive unit market is expected to post a CAGR of close
to 12% during the period 2019-2023, according to the latest market
research report by Technavio.

A key factor driving the growth of the global e-bike drive unit market
is the increasing health concerns and demand for eco-friendly
transportation among consumers. Globally, people are becoming more aware
of health issues such as asthma and respiratory problems caused by
vehicle emissions. In addition, vehicles often cause noise pollution
which often leads to loss of hearing, high blood pressure, and sleep
deprivation. Therefore, with the increase in awareness of environmental
and health hazards caused by vehicles, a large number of consumers are
switching to electric vehicles such as e-bikes as they are powered using
renewable energy sources that keep the environment clean and
pollution-free. This will boost the growth of the market during the
forecast period.

As per Technavio, the use of shift toward compact crank motors will have
a positive impact on the market and contribute to its growth
significantly over the forecast period. This global
e-bike drive unit market 2019-2023
report also analyzes other important trends and market drivers that will
affect market growth over 2018-2022.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

Global e-bike drive unit market: Shift toward
compact crank motors

Most e-bikes and pedelecs available in the market are equipped with hub
motors. Although the hub motors require low maintenance and they do not
affect the elementary design of the bike, they make the wheels heavy and
the sealed nature of these motors increases the chances of overheating.
These limitations of hub motors are shifting the focus of manufacturers
toward designing and developing lightweight and compact motors known as
crank motors. The crank motor is attached to the rotating rod of the
pedal assembly to gain balance in weight and ensure smooth functioning
of the gears. Crank motors are especially useful while climbing steep
hills and riding at high speed on flat roads.

“Various countries are passing laws that encourage the adoption of
green technologies such as e-bikes. For instance, China has implemented
laws to support e-bike manufacturers and users, as e-bike helps reduce
the emission of carbon dioxide and other greenhouse gases. This will
support the growth of the global e-bike drive unit market during the
forecast period,”
says a senior analyst at Technavio for research on
automobiles & components.

Global e-bike drive unit market: Segmentation

This market research report segments the global e-bike drive unit market
by motor type (mid-drive motor, and hub motor), and geographical regions
(APAC, EMEA, and the Americas).

The APAC region led the market in 2018, followed by EMEA and the
Americas respectively. Although the EMEA region held a market share of
less than APAC in 2018, it is expected to register the highest
incremental growth during the forecast period.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team


Technavio Research
Jesse Maida
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200