Bicycle Crank Motor

Bicycle Crank Motor Market Outlook

The global Bicycle Crank Motor market is projected to reach approximately USD 1.5 billion by 2035, growing at a CAGR of around 7% from 2025 to 2035. This growth is largely attributed to the increasing popularity of electric bicycles, driven by a shift towards sustainable transportation solutions and rising urbanization. The growing demand for eco-friendly commuting options is also fueling the market, as more consumers are opting for electric bicycles to reduce their carbon footprints. Furthermore, advancements in battery technologies and motor efficiency are enhancing the performance and appeal of electric bicycles, thereby driving market growth. The market is witnessing innovations in design and functionality, offering enhanced user experience which is further contributing to the growth of the Bicycle Crank Motor market.

Growth Factor of the Market

Several key factors are propelling the growth of the Bicycle Crank Motor market. Firstly, the increasing emphasis on healthier lifestyles and fitness encourages more individuals to adopt cycling as a primary mode of transportation and recreation. Secondly, government initiatives promoting electric mobility and offering subsidies for electric bicycles are significantly boosting market growth. Thirdly, the rise in logistics and delivery services utilizing electric cargo bikes is creating a new segment within the market, attracting more investment in crank motor technologies. Additionally, the urban population is expanding, resulting in an increased need for efficient transportation solutions that can navigate congested city environments. Lastly, the continuous development of advanced motor technologies is enhancing the overall performance and efficiency of electric bicycles, making them a more attractive option for consumers across various demographics.

Key Highlights of the Market

• The Bicycle Crank Motor market is anticipated to reach USD 1.5 billion by 2035.
• Expected CAGR of approximately 7% between 2025 and 2035.
• Growing adoption of electric bicycles for sustainable commuting.
• Technological advancements leading to improved motor efficiency.
• Government incentives boosting electric bicycle sales.

By Product Type

Mid-drive Crank Motor:

Mid-drive crank motors are positioned at the bike's pedal area, providing a balanced weight distribution and better handling. This design allows for efficient power delivery, especially in hilly terrains, making them a popular choice for mountain biking and commuter bicycles. The mid-drive motors are renowned for their ability to utilize the bicycle's gears effectively, thus optimizing battery consumption and increasing the bike's overall range. Furthermore, these motors are generally lighter compared to hub motors, which contributes to a more agile riding experience. Their versatility and efficiency in different biking scenarios are making mid-drive systems increasingly favored among both casual and serious cyclists.

Rear-drive Crank Motor:

Rear-drive crank motors are mounted on the rear wheel, offering a rear-wheel power assist that enhances stability and traction. This configuration is particularly favored by riders seeking smooth acceleration and the ability to tackle various terrains with confidence. Rear-drive systems also tend to provide a more traditional cycling feel, which can be appealing to riders transitioning from standard bicycles to electric models. These motors excel in providing consistent power, especially during hill climbs, and are often less complex in terms of installation compared to mid-drive options. The growing demand for rear-drive setups is indicative of a market trend favoring user-friendly and performance-oriented electric bicycles.

Front-drive Crank Motor:

Front-drive crank motors are less common but offer unique advantages, such as ease of installation and a typically lower price point. This design is ideal for casual cyclists who may not require the high performance and efficiency levels of mid or rear-drive systems. Front-drive motors provide adequate assistance for flat terrains and urban commuting, making them suitable for city dwellers. However, they may face limitations on steep climbs and rough terrains, which can deter more serious cyclists. Nevertheless, as budget-conscious consumers enter the electric bicycle market, front-drive crank motors are likely to maintain a steady demand, particularly among first-time buyers.

All-in-one Crank Motor System:

All-in-one crank motor systems integrate the motor and the drivetrain into a single unit, streamlining the installation process and enhancing aesthetics. These systems are popular in the electric bicycle market due to their simplicity and minimal maintenance requirements. They offer a clean design that appeals to consumers looking for a sleek electric bicycle experience without the clutter of visible motors and wiring. Moreover, all-in-one systems often deliver reliable performance, as they are designed specifically for compatibility with the bicycle's components. Their integration leads to less friction and improved overall efficiency, making them an attractive option for casual and urban riders.

Retrofit Crank Motor Kit:

Retrofit crank motor kits provide an exciting opportunity for traditional bicycle owners to convert their regular bikes into electric models. These kits are designed to be user-friendly, allowing consumers to upgrade their existing bicycles without needing extensive technical knowledge. Retrofit systems are particularly appealing to environmentally conscious consumers who wish to reduce waste by upgrading rather than purchasing new bikes. The flexibility and cost-effectiveness of retrofit kits are driving their popularity, as they offer a practical solution for those looking to experience the benefits of electric cycling without a significant financial investment.

By Application

Electric Bicycles:

The electric bicycle segment is at the forefront of the Bicycle Crank Motor market, driven by a growing consumer trend toward eco-friendly transportation. Electric bicycles equipped with crank motors offer enhanced performance and usability, making them a go-to choice for urban commuters and recreational riders alike. The ability to cover longer distances with less effort has contributed to the surge in their popularity, particularly in congested urban areas. Moreover, advancements in battery life and motor technology have significantly improved the overall riding experience, making electric bicycles not only an attractive alternative to traditional cycling but also a viable substitute for cars in many settings.

Electric Cargo Bikes:

Electric cargo bikes are gaining traction, particularly in urban environments, where they serve as an efficient transportation solution for goods and deliveries. These bikes typically come equipped with more robust crank motors that can handle heavier loads, allowing for easy transport of cargo without excessive physical strain. The shift toward sustainable logistics solutions has led to increased demand for electric cargo bikes, as businesses look for ways to reduce their carbon emissions and operational costs. This segment is expected to witness significant growth as more companies recognize the efficiency and environmental benefits of utilizing electric cargo bikes for last-mile deliveries.

Electric Mountain Bikes:

Electric mountain bikes (e-MTBs) are tailored for off-road cycling, offering enhanced power and performance through advanced crank motor technologies. These bikes are equipped with specialized motors that deliver high torque, making steep climbs and rugged terrains more accessible for riders. The e-MTB segment appeals to adventure enthusiasts who seek the thrill of mountain biking while enjoying the benefits of electric assistance. As the popularity of outdoor activities continues to rise, manufacturers are focusing on producing high-quality e-MTBs, featuring improved suspension and durability, which is expected to drive growth in this application category.

Electric Road Bikes:

Electric road bikes combine lightweight designs with efficient crank motors, catering to cyclists who prioritize speed and performance on paved surfaces. This segment is experiencing growth as more cyclists seek the benefits of electric assistance for long-distance rides and commuting. The integration of advanced motor technologies enables electric road bikes to maintain high speeds while offering an extended range, appealing to both competitive cyclists and casual riders. The growing trend of cycling events and recreational riding is expected to further boost the demand for electric road bikes, making them a popular choice in the overall bicycle crank motor market.

Electric Folding Bikes:

Electric folding bikes represent a unique niche within the bicycle crank motor market, merging portability with electric assistance. These bikes are designed for urban commuters who require a compact solution for storage and transportation. The crank motors in folding bikes are engineered to provide sufficient power while keeping the overall weight low, maximizing convenience for users. The growing trend of urbanization and limited living spaces has increased the appeal of electric folding bikes, as they can be easily taken onto public transport or stored in small apartments. As infrastructure for cycling continues to improve in cities, the demand for electric folding bikes is expected to rise, driving growth in this segment.

By Distribution Channel

Online Retailers:

Online retailers play a crucial role in the distribution of bicycle crank motors, offering consumers a vast selection and competitive pricing. The convenience of shopping online has significantly increased, particularly as more consumers turn to e-commerce platforms for their shopping needs. Various online platforms provide detailed product specifications, customer reviews, and comparison tools that facilitate informed purchasing decisions. Additionally, online retailers often offer exclusive deals and discounts, making them attractive to budget-conscious consumers. This trend towards online shopping is expected to further augment the market as the digital landscape continues to evolve, catering to the needs of tech-savvy consumers.

Specialty Bike Shops:

Specialty bike shops are vital in the distribution of bicycle crank motors, as they provide expert advice and personalized service to customers. These establishments often carry a range of high-quality products, including specialized and niche crank motors that may not be available in larger retail chains. Customers benefit from the knowledgeable staff who can guide them in selecting the right motor for their specific needs, enhancing the purchasing experience. Furthermore, specialty shops typically offer installation services, which can be a significant selling point for consumers unfamiliar with electric bicycle technology. The continued patronage of specialty bike shops is expected, particularly among serious cyclists who value expert guidance and support.

Department Stores:

Department stores contribute to the accessibility of bicycle crank motors by providing a wider range of consumer options. These retail locations often carry a selection of bicycles and electric bike components, making it easier for consumers to compare prices and products in person. While the variety may not be as extensive as specialty shops or online retailers, department stores can attract a different demographic, such as casual cyclists or families looking to purchase their first electric bicycles. The integration of bicycle crank motors into department store offerings is anticipated to help popularize electric cycling among a broader audience, contributing to overall market growth.

Direct-to-Consumer:

Direct-to-consumer distribution channels are becoming increasingly popular in the bicycle crank motor market, allowing manufacturers to connect with consumers without intermediaries. This model enables companies to provide competitive pricing and a more personalized shopping experience. Many brands are establishing their online platforms or leveraging social media to reach potential buyers directly. Direct-to-consumer approaches often involve engaging marketing strategies and transparent communication regarding product features and benefits. This trend is expected to continue as consumers increasingly value brand authenticity and seek direct relationships with manufacturers.

By Motor Power

250W:

Motors with a power rating of 250W are often considered ideal for casual cyclists and urban commuters. They provide adequate assistance for flat terrains and moderate inclines, making them suitable for everyday use. This power rating is particularly popular in regions where regulations dictate a maximum output for electric bicycles, ensuring compliance with local laws. The 250W motors deliver a balance of performance and efficiency, making them appealing to riders who prioritize battery longevity alongside motor assistance. As the electric bicycle market expands, the demand for 250W motors is expected to remain strong, particularly among new entrants to the cycling community.

350W:

Motors rated at 350W offer enhanced performance and are increasingly favored by riders looking for a bit more power without venturing into high-performance territory. This power level supports a more robust riding experience, allowing cyclists to tackle a variety of terrains with ease. The 350W motors are popular among commuters who may face varying inclines and road conditions on their daily routes. This segment is expected to witness consistent growth as more consumers recognize the benefits of increased motor power for improved cycling experiences, particularly in urban environments.

500W:

The 500W motor segment caters to a diverse array of cyclists, from recreational riders to serious enthusiasts. These motors provide significant assistance, making them suitable for steep hills and longer distances. The increased torque output allows for rapid acceleration, enhancing the overall cycling experience. As the market matures, a wider variety of bikes equipped with 500W motors are becoming available, appealing to consumers seeking versatility in their electric bicycles. This power rating is also gaining traction in areas with mountainous terrains, where additional support can significantly enhance the riding experience.

750W:

Motors with a 750W rating are designed for high-performance applications, ideal for electric mountain bikes and off-road adventures. These motors deliver substantial power and torque, allowing cyclists to navigate challenging terrains with ease. The enhanced capabilities of 750W motors cater to riders seeking an exhilarating experience and the ability to conquer steep hills. As the demand for high-performance electric bicycles continues to rise, this segment is expected to grow rapidly, appealing to a niche market of serious cyclists and outdoor enthusiasts who prioritize performance in their riding experience.

1000W:

1000W motors represent the pinnacle of electric bicycle performance, offering unrivaled power and speed. These motors are often used in specialized applications, including electric mountain bikes and racing configurations. The high power output allows for intense acceleration and the ability to tackle extreme inclines, making them particularly appealing for competitive cyclists and adventure seekers. This segment is expected to see growth as technology advances and more robust battery systems are developed, enabling longer rides and enhanced motor capabilities. As consumers increasingly demand high-performance options, the 1000W segment is likely to see continued investment and innovation.

By Region

In North America, the Bicycle Crank Motor market is expected to expand significantly, driven by increasing urbanization and rising health consciousness among consumers. The market is projected to grow at a CAGR of around 8% from 2025 to 2035, fueled by a growing interest in sustainable transportation solutions. Electric bicycles are gaining popularity as an alternative to traditional vehicles, and the region is witnessing an influx of investments in infrastructure to support cycling. Additionally, the availability of various product types catering to different consumer needs will further drive market growth in the coming years.

In Europe, the Bicycle Crank Motor market is poised for substantial expansion, with projections indicating a market size of approximately USD 600 million by 2035. The European market is significantly influenced by stringent regulations promoting electric mobility and sustainability. Countries like Germany and the Netherlands are leading the charge in adopting electric bicycles, contributing to the overall growth of the market. The increasing focus on reducing carbon emissions, combined with government subsidies for electric bicycle purchases, is expected to propel the demand for bicycle crank motors. The region's commitment to eco-friendly transportation is likely to reinforce its position as a key player in the global market.

Opportunities

The Bicycle Crank Motor market presents numerous opportunities for growth, particularly in the realm of technological advancements. Manufacturers are focusing on developing more efficient and lightweight motors, which can significantly enhance the overall user experience. Emerging technologies such as regenerative braking and smart motor systems can provide cyclists with added benefits, such as improved battery life and real-time performance data. Furthermore, as cities continue to evolve with improved cycling infrastructure, the demand for electric bicycles is set to rise, creating opportunities for manufacturers to introduce innovative products tailored to urban commuting. Companies that invest in research and development to stay ahead of technological trends will be well-positioned to capture market share in this competitive landscape.

Another significant opportunity lies in the expansion of the electric bicycle market across developing regions, where urbanization rates are surging. As more individuals seek cost-effective and eco-friendly commuting solutions, the demand for bicycle crank motors is expected to rise. Companies that can effectively enter these emerging markets by understanding local consumer preferences and establishing strategic partnerships will have a competitive advantage. Additionally, as awareness of the environmental impact of traditional vehicles grows, electric bicycles will increasingly be seen as a sustainable alternative, further fueling market expansion. Targeting these regions with tailored marketing strategies and affordable product offerings can unlock new revenue streams for manufacturers.

Threats

The Bicycle Crank Motor market faces several threats that could impact its growth trajectory. One of the most significant challenges is the increasing competition from alternative modes of transport, such as electric scooters and public transit. As more cities invest in electric mobility solutions, consumers may opt for these alternatives over electric bicycles, potentially limiting market growth. Additionally, fluctuating raw material prices can affect manufacturing costs, leading to increased pricing for end consumers. If manufacturers are unable to manage these costs effectively, it could result in reduced profit margins and decreased competitiveness in the market. Furthermore, the lack of standardized regulations across different regions may complicate market entry for manufacturers, creating barriers that could hinder growth.

Another potential restrictor for the Bicycle Crank Motor market is the public perception of electric bicycles. Misconceptions about their usability, safety, and performance may deter potential customers from making a purchase. Manufacturers need to invest in educational campaigns to address these misconceptions and promote the benefits of electric cycling. Additionally, the lack of adequate infrastructure in some regions can pose a significant barrier to adoption, as potential users may feel unsafe on the roads. Addressing these infrastructural challenges through partnerships with local governments and urban planners will be crucial for the long-term success of the market.

Competitor Outlook

• Bosch eBike Systems
• Yamaha Motor Co., Ltd.
• Shimano Inc.
• Brose Fahrzeugteile GmbH & Co. KG
• Bafang Electric Motor Science and Technology Co., Ltd.
• TranzX
• Panasonic Corporation
• Go SwissDrive
• Continental AG
• Promovec
• Aktiengesellschaft
• Phylion Battery Co., Ltd.
• Gates Corporation
• Electra Bicycle Company
• Rad Power Bikes

The competitive landscape of the Bicycle Crank Motor market is characterized by a mix of established players and emerging startups striving to capture market share. Major companies such as Bosch eBike Systems and Yamaha Motor Co., Ltd. are at the forefront, leveraging their extensive expertise in motor technology and strong brand recognition to maintain leadership positions. These companies continually invest in research and development to enhance motor efficiency, battery life, and overall performance, ensuring they stay ahead of competitors. The integration of innovative technologies such as smart connectivity and regenerative braking systems is also becoming a focal point for these leading companies, as they aim to meet the evolving demands of consumers.

Emerging players like Bafang Electric Motor Science and Technology Co. and Rad Power Bikes are challenging established brands by offering competitive pricing and innovative solutions tailored to specific consumer needs. These companies are focusing on niche markets, such as electric cargo bikes and folding bicycles, to differentiate themselves from larger competitors. Additionally, their aggressive marketing strategies and direct-to-consumer sales models enable them to build strong relationships with customers and capture a loyal audience. As the market continues to expand, collaborations between companies and partnerships with cycling organizations will likely become essential strategies for growth.

In conclusion, the Bicycle Crank Motor market offers significant potential for growth, driven by changing consumer preferences, technological advancements, and the increasing adoption of electric bicycles as a sustainable transportation solution. Established companies will need to adapt to changing market dynamics, while emerging players can capitalize on niche opportunities. As the industry evolves, the competitive landscape will become even more dynamic, with companies investing in innovation and customer-centric strategies to maintain their market positions.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 TranzX
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Promovec
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Shimano Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Go SwissDrive
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Continental AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Rad Power Bikes
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Gates Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Aktiengesellschaft
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Bosch eBike Systems
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Panasonic Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Yamaha Motor Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Electra Bicycle Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Phylion Battery Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Brose Fahrzeugteile GmbH & Co. KG
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Bafang Electric Motor Science and Technology Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Bicycle Crank Motor Market, By Application
    • 6.1.1 Electric Bicycles
    • 6.1.2 Electric Cargo Bikes
    • 6.1.3 Electric Mountain Bikes
    • 6.1.4 Electric Road Bikes
    • 6.1.5 Electric Folding Bikes
  • 6.2 Bicycle Crank Motor Market, By Motor Power
    • 6.2.1 250W
    • 6.2.2 350W
    • 6.2.3 500W
    • 6.2.4 750W
    • 6.2.5 1000W
  • 6.3 Bicycle Crank Motor Market, By Product Type
    • 6.3.1 Mid-drive Crank Motor
    • 6.3.2 Rear-drive Crank Motor
    • 6.3.3 Front-drive Crank Motor
    • 6.3.4 All-in-one Crank Motor System
    • 6.3.5 Retrofit Crank Motor Kit
  • 6.4 Bicycle Crank Motor Market, By Distribution Channel
    • 6.4.1 Online Retailers
    • 6.4.2 Specialty Bike Shops
    • 6.4.3 Department Stores
    • 6.4.4 Direct-to-Consumer

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Bicycle Crank Motor Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Bicycle Crank Motor market is categorized based on

By Product Type

• Mid-drive Crank Motor
• Rear-drive Crank Motor
• Front-drive Crank Motor
• All-in-one Crank Motor System
• Retrofit Crank Motor Kit

By Application

• Electric Bicycles
• Electric Cargo Bikes
• Electric Mountain Bikes
• Electric Road Bikes
• Electric Folding Bikes

By Distribution Channel

• Online Retailers
• Specialty Bike Shops
• Department Stores
• Direct-to-Consumer

By Motor Power

• 250W
• 350W
• 500W
• 750W
• 1000W

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Bosch eBike Systems
• Yamaha Motor Co., Ltd.
• Shimano Inc.
• Brose Fahrzeugteile GmbH & Co. KG
• Bafang Electric Motor Science and Technology Co., Ltd.
• TranzX
• Panasonic Corporation
• Go SwissDrive
• Continental AG
• Promovec
• Aktiengesellschaft
• Phylion Battery Co., Ltd.
• Gates Corporation
• Electra Bicycle Company
• Rad Power Bikes