China E-Bike (Pedelec Bikes) Hub Motor Market - Industry Trends and Forecast to 2029

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China E-Bike (Pedelec Bikes) Hub Motor Market - Industry Trends and Forecast to 2029

  • Automotive
  • Published Report
  • Apr 2022
  • Country Level
  • 350 Pages
  • No of Tables: 8
  • No of Figures: 23

China E-Bike (Pedelec Bikes) Hub Motor Market, By Components (Electric Motor, Controller, Power Electronics, Others), Motor Type (DC Motors, AC Motors), Volt Range (Less Than 36 Volts, More Than 36 Volts), Weight (More than 7 Pounds, Less than 7 Pounds), Drive Type (Geared, Gearless), Sales Channel (OEM, Aftermarket), Application (Residential Places, Commercial Places) – Industry Trends and Forecast to 2029.

Market Analysis and Size

The demand in the China e-bike (pedelec bikes) hub motor market is mainly driven by the increasing use of eco-friendly and mobility solutions among the region's urban population. The move away from the use of fossil fuels has led to the increasing focus on the development of electric vehicles. E-bikes have emerged to be an attractive option for the consumers in the region owing to their low cost and increasing functional convenience. The hub motors have been used in bikes for more than a decade and have emerged as a mature technology.

China E-Bike (Pedelec bikes) Hub Motor Market

Data Bridge Market Research analyses that the e-bike (pedelec bikes) hub motor market is expected to reach the value of USD 4,810.96 million by the year 2029, at a CAGR of 14.8% during the forecast period. "Electric Motor" accounts for the most prominent peripheral type segment in the respective market owing to the increasing need for an effortless riding experience by the users. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Million, Pricing in USD

Segments Covered

Components (Electric Motor, Controller, Power Electronics, Others), Motor Type (DC Motors, AC Motors), Volt Range (Less Than 36 Volts, More Than 36 Volts), Weight (More than 7 Pounds, Less than 7 Pounds), Drive Type (Geared, Gearless), Sales Channel (OEM, Aftermarket), Application (Residential Places, Commercial Places)

Countries Covered

China

Market Players Covered

Suzhou Shengyi Motor Co., Ltd., SHIMANO INC, Brose Fahrzeugteile SE & Co. KG, MAHLE GmbH, Heinzmann GmbH & Co. KG, CNEBIKES CO., LTD, GREENPEDEL, Robert Bosch GmbH, Bafang Electric (Suzhou) Co., Ltd., ANANDA, SR SUNTOUR

Market Definition

A hub drive motor is the most common type of motor which can be seen on cheaper e-bikes, with the motor integrated into the front or rear wheel. The latter is more common, but a few e-bikes even have motors on both wheels. A hub drive directly applies torque to the wheel, operating independently of the bike's gears. A hub motor is located on the rear (or occasionally front) hub of the e-bike. It is completely sealed and self-contained and requires no additional maintenance. A hub motor seamlessly delivers power where and when it's needed, working independently of the pedaling and gear shifting. Overall, hub motors end up being a smoother ride because the user doesn't need to worry about shifting as much or maintaining proper chain tension. Hub motors can be activated by pedaling or using a throttle. The motor uses either a cadence or a torque sensor. A torque sensor supplies more power if you push harder. The sensor simply detects when the user is turning the pedals and at what rate. The e-bike's computer smoothly turns the motor on at whatever level of power is selected, eliminating the need to monitor what gear the bike is in.

COVID-19 Impact on China E-Bike (Pedelec Bikes) Hub Motor Market

COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. The semiconductor industry was severely affected by the pandemic. China witnessed a major shortage in semiconductors, with a high demand for e-bikes for controllers and sensors. This led to supply chain disruption of China E-bike hub motors.

The market dynamics of the China e-bike (pedelec bikes) hub motor market include:

  • Increasing transitions to electric vehicles

For the past decade and so, China has witnessed rapid growth in its economy. The automotive sector in the country has grown to be one of the largest in the world in recent years. This can be attributed to the consumer's emphasis on buying their own car. However, due to the increasing cost of fossil fuels and growing environmental concerns due to carbon emissions in such a highly populated country, the potential for the adoption of electric vehicles such as electric cars, electric bikes, and electric bicycles was always on the verge of exploding.

  • A surge in adoption of pedelec in logistics for last-mile delivery

The "last mile" is the biggest cost factor in urban transport logistics and poses major challenges for the e-commerce, courier, express, and parcel industry. Due to the booming online trade, the transport volume of logistics companies is increasing at an unprecedented rate.

  • Increasing advantages of hub motors for electric bikes

The electric bike market has had a huge impact owing to the mass-produced hub motors in China. Due to the invention of the electric hub motor, there are a large number of electric bicycles on the market today. Thanks to the hub motor, electric bicycle manufacturers can use almost any bicycle frame to turn it into an electric bicycle. For better or worse, due to the simplicity of hub motors, almost any company can choose to become an electric bicycle manufacturer.

  • Government emphasis on the adoption of emission-free mobility solutions

Climate change has been the center of attention for many global governments and organizations across the world for a while now. Rising fuel prices, increasing carbon emissions, and a surge in carbon footprint have led many governments across the globe to look for more sustainable solutions for mobility options. This has led the governments to sketch up policies supporting the growth of electric mobility as an excellent solution.

  • Increase in disposable income of urban households in China

Electric bikes are a category of vehicles in China that includes two-wheel bikes propelled by human pedaling supplemented by electrical power from a storage battery and low-speed scooters propelled almost solely by electricity. In the last decade or so, these e-bikes have become a convenient option for Chinese consumers as a popular transportation mode as they provide an inexpensive and convenient form of private mobility and are thus an attractive alternative to public transit or regular bicycling. There are many factors influencing this transition towards e-mobility and especially e-bikes or pedelecs. The rise in the income level of the Chinese consumer is an important one.

  • Increasing applications of e-bikes in urban routine

In recent years pedelecs have emerged as an excellent option for sustainable mobility with minimum environmental impact. A pedelec puts more stress on the environment than a conventional bicycle without an electric motor, but the relatively low environmental impact level of pedelecs is certainly offset when pedelecs are used in place of cars for trips.

China E-Bike (Pedelec bikes) Hub Motor Market

Restraints/Challenges faced by the China e-bike (pedelec bikes) hub motor market

  • Banning of e-bikes by Chinese cities due to concern for public safety

China has been among the biggest adopter of alternate fuels for transportation. This movement has been led by the increasing number of e-bikes adopted among Chinese consumers. These low-cost, energy-efficient, and no carbon-emitting mode of transport has managed to appeal to the urban consumer in the region. Despite the advantages offered by these electric transportation modes, during the period between 2017 and 2019, many cities in China banned the use of electric bicycles in the region.

  • Easy availability of mid-drive motors as an alternative option

The multitude of electric bike configurations consists of two types of motors, mainly the hub type motors and the mid-drive motor. A mid-drive motor is positioned right in the middle of the e-bike, around what's known as the bottom bracket area. Essentially, it sits inside the cranks, and it applies force directly to the mechanical drivetrain – the traditional collection of parts that make a bike move forwards. Electric bikes with mid-drive motors have the most' direct response' that the user can get from a pedal-assist motor, effectively making the motor ideal for enthusiasts who want very responsive pedal assistance and some hybrid e-bike riders that might use their e-bikes for multiple types of riding.

This e-bike (pedelec bikes) hub motor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the e-bike (pedelec bikes) hub motor market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In August 2021, Heinzmann GmbH & Co. KG announced the launch of CargoTwinPower Motor RN 111. With this new product, the company revolutionized sustainable delivery with cargo bikes on "the last mile" to the end customer's front door. The company aimed at offering cost reduction in the last-mile delivery market as the last mile is the biggest cost factor in urban transport logistics. This enhanced the company's offerings in the market
  • In August 2020, SHIMANO INC announced the launch of the new Shimano EP8 platform. It was a new motor platform with e-tube project technology that comprehensively enhanced the riding experience. The new product came in a lighter package featuring a magnesium drive with 21-percent more torque (85 Nm) available in both TRAIL and BOOST modes. Shimano couples this introduction with an updated E-TUBE PROJECT system. With this, the company was able to provide new customization options in a more user-friendly layout that's easy to access for quick and easy changes

China E-Bike (Pedelec Bikes) Hub Motor Market Scope

The 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. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Components

  • Electric Motor
  • Controller
  • Power Electronics
  • Others  

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.

Motor Type

  • DC Motors
  • AC Motors

On the basis of motor type, the China e-bike (pedelec bikes) hub motor market has been segmented into AC motors and DC motors. 

Volt Range

  • Less Than 36 Volts
  • More Than 36 Volts

On the basis of volt range, the China e-bike (pedelec bikes) hub motor market has been segmented into less than 36 volts and more than 36 volts.

Weight

  • More than 7 Pounds
  • Less than 7 Pounds

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.

Drive Type

  • Geared
  • Gearless

On the basis of drive type, the China e-bike (pedelec bikes) hub motor market has been segmented into gearless and geared.

Sales Channel

  • OEM
  • Aftermarket

On the basis of sales channel, the China e-bike (pedelec bikes) hub motor market has been segmented into OEM and aftermarket.

Application

  • Residential Places
  • Commercial Places

China E-Bike (Pedelec bikes) Hub Motor Market

On the basis of application, the China e-bike (pedelec bikes) hub motor market has been segmented into commercial places and residential places.

China E-Bike (Pedelec Bikes) Hub Motor Market Regional Analysis/Insights

The China e-bike (pedelec bikes) hub motor market is analyzed, and market size insights and trends are provided by country, components, motor type, volt range, weight, drive type, sales channel, and application, as referenced above.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and China E-Bike (Pedelec Bikes) Hub Motor Market Share Analysis

The China e-bike (pedelec bikes) hub motor market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the China e-bike (pedelec bikes) hub motor market.

Some of the major players operating in the China e-bike (pedelec bikes) hub motor market are Suzhou Shengyi Motor Co., Ltd., SHIMANO INC, Brose Fahrzeugteile SE & Co. KG, MAHLE GmbH, Heinzmann GmbH & Co. KG, CNEBIKES CO., LTD, GREENPEDEL, Robert Bosch GmbH, Bafang Electric (Suzhou) Co., Ltd., ANANDA, SR SUNTOUR, among others.


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Table of Content

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY

1.2 MARKET DEFINITION

1.3 OVERVIEW OF CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET

1.4 CURRENCY AND PRICING

1.5 LIMITATIONS

1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED

2.2 GEOGRAPHICAL SCOPE

2.3 YEARS CONSIDERED FOR THE STUDY

2.4 DBMR TRIPOD DATA VALIDATION MODEL

2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.6 DBMR MARKET POSITION GRID

2.7 VENDOR SHARE ANALYSIS

2.8 APPLICATION GRID

2.9 CHALLENGE MATRIX

2.1 MULTIVARIATE MODELING

2.11 COMPONENTS TIMELINE CURVE

2.12 SECONDARY SOURCES

2.13 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

5 PREMIUM INSIGHTS

5.1 REGULATORY FRAMEWORK

5.2 SUPPLY CHAIN STRUCTURE OF E-BIKES

5.3 E-BIKES IN CHINA

6 MARKET OVERVIEW

6.1 DRIVERS

6.1.1 INCREASING TRANSITIONS TO ELECTRIC VEHICLES

6.1.2 SURGE IN ADOPTION OF PEDELEC IN LOGISTICS FOR LAST-MILE DELIVERY

6.1.3 INCREASING ADVANTAGES OF HUB MOTORS FOR ELECTRIC BIKES

6.1.4 GOVERNMENT EMPHASIS ON THE ADOPTION OF EMISSION-FREE MOBILITY SOLUTIONS

6.2 RESTRAINT

6.2.1 BANNING OF E-BIKES BY CHINESE CITIES DUE TO CONCERN FOR PUBLIC SAFETY

6.3 OPPORTUNITIES

6.3.1 INCREASE IN DISPOSABLE INCOME OF URBAN HOUSEHOLDS IN CHINA

6.3.2 INCREASING APPLICATIONS OF E-BIKES IN URBAN ROUTINE

6.4 CHALLENGES

6.4.1 EASY AVAILABILITY OF MID-DRIVE MOTORS AS AN ALTERNATIVE OPTION

6.4.2 PEDELEC HUB MOTOR NOISE ISSUE

7 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY COMPONENTS

7.1 OVERVIEW

7.2 ELECTRIC MOTOR

7.2.1 STATOR

7.2.2 ROTOR

7.2.3 OTHERS

7.3 CONTROLLER

7.4 POWER ELECTRONICS

7.5 OTHERS

8 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY MOTOR TYPE

8.1 OVERVIEW

8.2 DC MOTORS

8.3 AC MOTORS

9 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY VOLT RANGE

9.1 OVERVIEW

9.2 LESS THAN 36 VOLT

9.3 MORE THAN 36 VOLT

10 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY WEIGHT

10.1 OVERVIEW

10.2 MORE THAN 7 POUNDS

10.3 LESS THAN 7 POUNDS

11 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY DRIVE TYPE

11.1 OVERVIEW

11.2 GEARED

11.3 GEARLESS

12 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY SALES CHANNEL

12.1 OVERVIEW

12.2 OEM

12.3 AFTERMARKET

13 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY APPLICATION

13.1 OVERVIEW

13.2 RESIDENTIAL PLACES

13.3 COMMERCIAL PLACES

14 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: COMPANY LANDSCAPE

14.1 COMPANY SHARE ANALYSIS: CHINA

15 SWOT ANALYSIS

16 COMPANY PROFILE

16.1 BAFANG ELECTRIC (SUZHOU) CO., LTD.

16.1.1 COMPANY SNAPSHOT

16.1.2 PRODUCT PORTFOLIO

16.1.3 RECENT DEVELOPMENTS

16.2 ANANDA

16.2.1 COMPANY SNAPSHOT

16.2.2 PRODUCT PORTFOLIO

16.2.3 RECENT DEVELOPMENTS

16.3 BROSE FAHRZEUGTEILE SE & CO. KG

16.3.1 COMPANY SNAPSHOT

16.3.2 PRODUCT PORTFOLIO

16.3.3 RECENT DEVELOPMENTS

16.4 ROBERT BOSCH GMBH

16.4.1 COMPANY SNAPSHOT

16.4.2 REVENUE ANALYSIS

16.4.3 PRODUCT PORTFOLIO

16.4.4 RECENT DEVELOPMENTS

16.5 SHIMANO INC

16.5.1 COMPANY SNAPSHOT

16.5.2 REVENUE ANALYSIS

16.5.3 PRODUCT PORTFOLIO

16.5.4 RECENT DEVELOPMENTS

16.6 CNEBIKES CO., LTD

16.6.1 COMPANY SNAPSHOT

16.6.2 PRODUCT PORTFOLIO

16.6.3 RECENT DEVELOPMENTS

16.7 HEINZMANN GMBH & CO. KG

16.7.1 COMPANY SNAPSHOT

16.7.2 PRODUCT PORTFOLIO

16.7.3 RECENT DEVELOPMENTS

16.8 GREENPEDEL

16.8.1 COMPANY SNAPSHOT

16.8.2 PRODUCT PORTFOLIO

16.8.3 RECENT DEVELOPMENTS

16.9 MAHLE GMBH

16.9.1 COMPANY SNAPSHOT

16.9.2 REVENUE ANALYSIS

16.9.3 PRODUCT PORTFOLIO

16.9.4 RECENT DEVELOPMENTS

16.1 SR SUNTOUR

16.10.1 COMPANY SNAPSHOT

16.10.2 PRODUCT PORTFOLIO

16.10.3 RECENT DEVELOPMENTS

16.11 SUZHOU SHENGYI MOTOR CO., LTD.

16.11.1 COMPANY SNAPSHOT

16.11.2 PRODUCT PORTFOLIO

16.11.3 RECENT DEVELOPMENTS

17 QUESTIONNAIRE

18 RELATED REPORTS

List of Table

TABLE 1 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY COMPONENTS, 2020-2029 (USD MILLION)

TABLE 2 CHINA ELECTRIC MOTOR IN E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY SUB-COMPONENTS, 2020-2029 (USD MILLION)

TABLE 3 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY MOTOR TYPE, 2020-2029 (USD MILLION)

TABLE 4 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY VOLT RANGE, 2020-2029 (USD MILLION)

TABLE 5 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY WEIGHT, 2020-2029 (USD MILLION)

TABLE 6 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY DRIVE TYPE, 2020-2029 (USD MILLION)

TABLE 7 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY SALES CHANNEL, 2020-2029 (USD MILLION)

TABLE 8 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

List of Figure

FIGURE 1 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: SEGMENTATION

FIGURE 2 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: DATA TRIANGULATION

FIGURE 3 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: DROC ANALYSIS

FIGURE 4 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: COUNTRY VS REGIONAL ANALYSIS

FIGURE 5 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: COMPANY RESEARCH ANALYSIS

FIGURE 6 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: INTERVIEW DEMOGRAPHICS

FIGURE 7 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: DBMR MARKET POSITION GRID

FIGURE 8 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: VENDOR SHARE ANALYSIS

FIGURE 9 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: APPLICATION GRID

FIGURE 10 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: CHALLENGE MATRIX

FIGURE 11 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: SEGMENTATION

FIGURE 12 INCREASING TRANSITION TO ELECTRIC VEHICLES IS EXPECTED TO DRIVE CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET IN THE FORECAST PERIOD OF 2022 TO 2029

FIGURE 13 ELECTRIC MOTOR SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET IN 2022 & 2029

FIGURE 14 DRIVERS, RESTRAINT, OPPORTUNITIES, AND CHALLENGES OF CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET

FIGURE 15 NUMBER OF E-BIKES REGISTERED AND USED IN CHINA IN 2009-2019 (100 MILLION UNITS)

FIGURE 16 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY COMPONENTS, 2021

FIGURE 17 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY MOTOR TYPE, 2021

FIGURE 18 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY VOLT RANGE, 2021

FIGURE 19 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY WEIGHT, 2021

FIGURE 20 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY DRIVE TYPE, 2021

FIGURE 21 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY SALES CHANNEL, 2021

FIGURE 22 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET, BY APPLICATION, 2021

FIGURE 23 CHINA E-BIKE (PEDELEC BIKES) HUB MOTOR MARKET: COMPANY SHARE 2021 (%)

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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Frequently Asked Questions

The China E-Bike (Pedelec Bikes) Hub Motor Market will be projected to grow at a CAGR of 14.8% during forecast by 2029.
The China E-Bike (Pedelec Bikes) Hub Motor Market will be projected at USD 4,810.96 million during forecast by 2029.
The major players operating in the China E-Bike (Pedelec Bikes) Hub Motor Market are Suzhou Shengyi Motor Co., Ltd., SHIMANO INC, Brose Fahrzeugteile SE & Co. KG, MAHLE GmbH, Heinzmann GmbH & Co. KG, CNEBIKES CO., LTD, GREENPEDEL, Robert Bosch GmbH, Bafang Electric (Suzhou) Co., Ltd., ANANDA, SR SUNTOUR.
The major segments covered in the China E-Bike (Pedelec Bikes) Hub Motor Market are Components (Electric Motor, Controller, Power Electronics, Others), Motor Type (DC Motors, AC Motors), Volt Range (Less Than 36 Volts, More Than 36 Volts), Weight (More than 7 Pounds, Less than 7 Pounds), Drive Type (Geared, Gearless), Sales Channel (OEM, Aftermarket), Application (Residential Places, Commercial Places).