U.S. E-Bike Hub Motor Market is expected to grow with the CAGR of 6.7% in the forecast period of 2021 to 2030. The years considered for study are as mentioned below.
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U.S. E-bike Hub Motor market is a highly niche market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in U.S. E-bike Hub Motor market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in November 2020, CNEBIKES CO., LTD has passed ISO9001 certificate which is assigned for a quality management system (QMS). With this certification, the company can build trust among their customers and increase their business
Yamaha Motor Co., Ltd. is the dominating player in U.S. E-bike Hub Motor market. The other key players existing in the market includes Panasonic Industry Europe GmbH (Subsidiary of Panasonic Corporation), Hyena, Inc., ANANDA, SR SUNTOUR, MAHLE GmbH, Neodrives, Brose Fahrzeugteile SE & Co. KG, TranzX, Bafang Electric (Suzhou) Co., Ltd., Suzhou Shengyi Motor Co., Ltd, SHIMANO INC., TDCM, Maxon, Robert Bosch GmbH, Heinzmann GmbH & Co. KG, CNEBIKES CO.,LTD, CHANGZHOU GREEN PEDEL CO.,LTD, CHANGZHOU MXUS IMP&EXP CO., LTD, Fazua GmbH, Bafang Electric (Suzhou) Co., Ltd., Suzhou Shengyi Motor Co., Ltd and SHIMANO INC among others.
Yamaha Motor Co., Ltd.
Yamaha Motor Co., Ltd. is headquartered in Shizuka-ken, Japan and was founded in year 1955. The company is engaged in providing powertrain technology for motorcycle, vehicles and boats. Company operates in business segments such as Land Mobility, Marine Products, Robotics, Financial Services and Others out of which Land Mobility is market focussed business segment. The company offers product categories such as Motorcycle, Outboards, WaveRunner, Boats, Golf Car, e-Bike Systems, Power Products, Industrial Robots, SMT Assembly Systems, Performance Dampers, Pool, Clean Water Supply System, OEM Casting and Forging, Cell Picking & Imaging System CELL HANDLERS and Electric Motors out of which E-Bike Systems is market focused product category.
- In September 2017, Yamaha Motor Co., Ltd. launched four new e-bikes, one is a mountain bike while the other three e-bikes are utility based. With this new launch of four e-bikes has helped the company to expand their product line and generate higher revenues.
The company has wide global presence across North America, South America, Asia-Pacific, Europe, Middle East and Africa with its various subsidiaries such as Yamaha Motor Corporation, U.S.A (U.S.), Yamaha Motor Canada Limited (Canada), Yamaha Motor do Brasil Ltda. (Brazil), Thai Yamaha Motor Co., Ltd. (Thailand), Yamaha Motor Europe N.V. (France) and others.
MAHLE GmbH
MAHLE GmbH is headquartered in Stuttgart, Germany and was founded in 1920. The company is engaged in developing high-efficiency drive systems and power electronics for electric powertrains. Company offers product categories such as Aftermarket, E-Mobility, Passenger Car, Commercial Vehicles, Industrial and Special Vehicles, Large Engine components, Small Engine Components and Services out of which E-Mobility is market focused product category. The company has wide global presence across North America, Latin America, Asia, and Europe.
- In November 2020, MAHLE GmbH expanded its operations in Stuttgart/Germany and MAHLE has invested around EUR 3.00 million in the new facility for testing in which the company will develop and test e-axles and e-drive units for e bikes. This expansion will allow company to research and develop the new products for offering in market.
The company has wide global presence across North America, South America, Asia-Pacific, Europe, Middle East and Africa
Brose Fahrzeugteile SE & Co. KG
Brose Fahrzeugteile SE & Co. KG headquartered in Coburg, Germany was founded in 1908. The company is engaged in providing mechanical, electrical, electronic components and sensor systems. Company offers product categories such as Technology for Vehicle Doors and Liftgates, Adjustment Systems for Front and Near Seats, Electric Motors and Drives and E-bike Drives out of which E-Bike Drives is market focused product category.
- In October 2019, Brose Fahrzeugteile SE & Co. KG expanded its operations in Serbia for electric motors and drives. With this new location, the company will strengthen the competitiveness and increase the production of electric motors and drive components to acquire more customers. This will allow companies to increase their market presence.
The company has presence across the North America, South America, Europe and Asia.