Press Release

Oct, 31 2023

Bafang Electric (Suzhou) Co., Ltd., ANANDA and Broze Fahrzeugteile SE & Co. KG Dominated the China E-Bike (Pedelec Bikes) Hub Motor Market in 2021

 

China E-Bike (Pedelec Bikes) Hub Motor Market is expected to grow with the CAGR of 14.8% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

Access Full Report @ https://www.databridgemarketresearch.com/jp/reports/china-e-bike-hub-motor-market

China e-bike (pedelec bikes) hub motor market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players dealing in the China e-bike (pedelec bikes) hub motor market are introducing a strong range of products provider along with launching new products and adopting strategic initiatives such as acquisition, agreement, business expansion, awards, and recognition into the market. This helped companies to maximize sales with an enhanced product portfolio.

For instance:

  • In August 2017, Bafang Electric (Suzhou) Co., Ltd. announced the release of a new hub motor with e-MTB and speed pedelec applications in mind. The H800 gear-drive rear hub motor, with 350 or 500 W output and a max torque of 55 Nm, featured a modern MTB thru-axle design with Boost standard, something which Bafang has created a unique dropout design to accommodate. This enhanced the company’s offerings in the market

Bafang Electric (Suzhou) Co., Ltd. is the dominating player in China e-bike (pedelec bikes) hub motor market. The other key players existing in the market are Suzhou Shengyi Motor Co., Ltd., SHIMANO INC, Broze Fahrzeugteile SE & Co. KG, MAHLE GmbH, Heinxmann GmbH & Co. KG, CNEBIKES CO., LTD, GREENPEDEL, Robert Bosch GmbH, ANANDA, SR SUNTOUR, among others.

Bafang Electric (Suzhou) Co., Ltd.

Bafang Electric (Suzhou) Co., Ltd. was founded in the year 2003 and is headquartered in Shanghai, China. The company is the leading manufacturer of e-mobility components and complete e-drive systems. The company has several product categories, which are motors M-series, motors H-series rear, and motors H-series front, of which all are market-focused categories.

For instance,

  • In September 2021, Bafang Electric (Suzhou) Co., Ltd. announced the launch of a new H700 electric bicycle drive system, complete with a dual-speed automatic shifting motor and several other innovations as part of a complete e-bike drive package. The H700 is based on a hub motor. The new launch incorporates a number of interesting advancements designed for city e-bikes. This move came as the company has been increasing the variety of motor systems in its model line

The company has a presence across North America, Europe, and Asia-Pacific.

ANANDA

The company was founded in the year 2011 and is headquartered in Shanghai, China. The company is engaged in the research and development, production and sales of electric bicycles, electric motorcycles, robot motors, and their control systems. The company has several product categories, including motors, controller, sensor, displays, and battery, in which motors, controller, and sensor are the market-focused categories.

For instance,

  • In May 2019, ANANDA attended the 29th China International Bicycle Fair. The company displayed its portfolio of products at the exhibition, including the hub motors for e-bikes. This has increased the company’s visibility in the market and helped the company to grow

The company has a wide presence in Asia-Pacific.

China E-Bike (Pedelec bikes) Hub Motor Market

Broze Fahrzeugteile SE & Co. KG

The company was founded in the year 1908 and is headquartered in Coburg, Germany. The company provides automotive and e-bike component products to enhance vehicle comfort, safety, and efficiency. The company has product categories which are the technology for vehicle doors and liftgates, adjustment systems for front and rear seats, electric motors and drives, and e-bike drives, where e-bike drives is the market-focused category.

For instance,

  • In December 2018, Brose Fahrzeugteile SE & Co. KG announced the opening of its new plant in Taicang, China. The company plans to expand its production of door systems, seat structures, and motors within the 73,000 square meters in the new facility. With this, the company was able to establish the largest production facility for the mechatronics specialist in Asia. For this, the company invested around EUR 180 million

The company has a wide presence in Europe, North America, Asia-Pacific, and the Middle East and Africa.


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