Sep, 10 2021

maxon, Robert Bosch GmbH and SHIMANO INC. are dominating in the ASEAN E-Bike Hub Motor Market in 2020

ASEAN E-Bike Hub Motor Market is expected to grow with the CAGR of 8.6% in the forecast period of 2021 to 2030. The years considered for study are as mentioned below.

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ASEAN 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 ASEAN 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

maxon is the dominating player in the ASEAN e-bike hub motor market. The other key players existing in the e-bike hub motor market includes SR SUNTOUR, MAHLE GmbH, Brose Fahrzeugteile SE & Co. KG, Bafang Electric (Suzhou) Co., Ltd., Suzhou Shengyi Motor Co., Ltd, SHIMANO INC., Robert Bosch GmbH, Heinzmann GmbH & Co. KG, Yamaha Motor Co., Ltd., CNEBIKES CO., LTD among others.

maxon:

maxon is headquartered in Sachseln, Switzerland and was founded in 1961. The company is engaged in developing and producing motors, gearheads, sensors and controllers for various devices. The company offers various products under categories such as medical technology, aerospace, industrial automation and mobility solutions out of which mobility solutions is the market focused category.

For instance,

In January 2021, maxon and Fourier Intelligence has announced about their strategic partnership through which maxon’s drive systems and Fourier's Intelligence’s rehabilitation robotics will be combined together. With this partnership, the company will enhance and expand their product portfolio.

The company has wide global presence across Americas, Europe, Asia-Pacific and South Africa.

Robert Bosch GmbH:

Robert Bosch GmbH is headquartered in Stuttgart, Germany and was founded in 1886. The company is engaged in providing innovative solutions for smart homes, industry 4.0 and connected mobility. The company offers various products & services under categories such as mobility, at home, industry and trades, connected products and services and market specific solutions out of which mobility is the market focused category.

For instance,

In July 2020, Robert Bosch GmbH announced their new e-bike design concept which marks a decade of e-bike systems. The concept has been based on the idea of easily fusing components for offering a simplistic design. This has enabled the company to improve their offering and offer a completely new design which has attracted lot of customers as well as increased their retention rate.

The company has wide global presence across North America, Europe, Asia-Pacific, South America and Middle East and Africa.

SHIMANO INC.:

SHIMANO INC. is headquartered in Osaka, Japan and was established in 1921. The company develops, produces and distributes bicycle components, rowing equipment and fishing tackle. The company deals in multiple business segments such as bicycle components, fishing tackle and others out of which bicycle components is the market focused segment. The company offers various products under categories such as bicycle components, fishing tackle and rowing equipment among which bicycle components is the market focused category.

For instance,

In November 2020, SHIMANO INC. announced the launch of EP8 as new e-bike system. The new system offered reduced-noise drive unit, smoother pedalling and more power yet lighter weight, thus delivering high efficiency. The new product increased the product portfolio of the company.

The company has presence across the globe in Asia-Pacific, Europe, North America and Latin America which also generates revenue through various subsidiaries namely Shimano Europe Holding B.V. (The Netherlands), Shimano Polska Bicycle Parts Sp Z O O (Poland), Shimano (Kunshan) Bicycle Components Co., Ltd. (China), Shimano Nordic Cycle AB (Sweden), Shimano American Corporation (U.S.) among others.

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