January 16, 2021

Units

Technavio has been monitoring the automotive heated steering wheel market and it is poised to grow by 0.47 million units during 2020-2024, progressing at a CAGR of about 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201203006048/en/

Technavio has announced its latest market research report titled Global Automotive Heated Steering Wheel Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Automotive Heated Steering Wheel Market 2020-2024 (Graphic: Business Wire)

For a More Detailed Analysis, Get a Free Sample Report Delivered in a Minute

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive heated steering wheel market. The market growth in 2020 is likely to decrease compared to the market growth in 2019.

Frequently Asked Questions:

  • Based on segmentation by end-user, which is the leading segment in the market?

    The OEM segment led the market in 2019.
  • What are the major trends in the market?

    The rising demand for luxury cars is the key trend in the market.
  • At what rate is the market projected to grow?

    The market is projected to grow at a CAGR of about 1% during 2020-2024.
  • Who are the top players in the market?

    Autoliv Inc., Bombardier Recreational Products Inc., Gentherm Inc., I.G. Bauerhin GmbH, Ningbo Joyson Electronics Co. Ltd., Polaris Inc., SECO, SYMTEC, Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG are the top players in the market.
  • What are the key market drivers and challenges?

    The market is driven by the increased driving comfort offered by heated steering wheels. However, the slowdown in automobile manufacturing will challenge growth.
  • How big is the North American market?

    North America contributed about 70% of the market growth in 2019.

Related Reports on Consumer Discretionary Include:

Global Automotive Steering Wheel Market – Global automotive steering wheel market is segmented by application (Passenger cars and Commercial vehicles) and geography (APAC, North America, Europe, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Global Automotive Steering Torque Sensor Market – Global automotive steering torque sensor market is segmented by application (passenger vehicles and commercial vehicles) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Develop Smart Strategies for Your Business: Get a Free Sample Report Now!

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Autoliv Inc., Bombardier Recreational Products Inc., Gentherm Inc., I.G. Bauerhin GmbH, Ningbo Joyson Electronics Co. Ltd., Polaris Inc., SECO, SYMTEC, Toyoda Gosei Co. Ltd., and ZF Friedrichshafen AG are some of the major market participants. Although the increased driving comfort will offer immense growth opportunities, the slowdown in automobile manufacturing is likely to pose a challenge

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NEW YORK, Nov. 30, 2020 /PRNewswire/ —

Global Bicycle Motors Market 2020-2024

The analyst has been monitoring the bicycle motors market and it is poised to grow by 7.79 mn units during 2020-2024, decelerating at a CAGR of 4% during the forecast period. Our reports on the bicycle motors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Read the full report: https://www.reportlinker.com/p05992830/?utm_source=PRN

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the fuel-efficiency of bicycles and the increasing demand for eco-friendly transport. In addition, the fuel-efficiency of bicycles is anticipated to boost the growth of the market as well.
The bicycle motors market analysis includes the type segment and geographical landscapes.

The bicycle motors market is segmented as below:
By Type
• Hub motor
• Crank motor

By Geographical Landscapes
• APAC
Europe
North America
South America
• MEA

This study identifies heavy traffic congestion as one of the prime reasons driving the bicycle motors market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our bicycle motors market covers the following areas:
• Bicycle motors market sizing
• Bicycle motors market forecast
• Bicycle motors market industry analysis

Read the full report: https://www.reportlinker.com/p05992830/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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Bicycle Motors Market Size to Grow by 7.79 Million Units Despite COVID-19 Spread | Technavio

Technavio has been monitoring the bicycle motors market and it is poised to grow by 7.79 million units during 2020-2024, decelerate at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201124005231/en/

Technavio has announced its latest market research report titled Global Bicycle Motors Market 2020-2024 (Graphic: Business Wire).

Click & Get Free sample report in minutes

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the bicycle motors market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions:

  • Based on segmentation by type, which is the leading segment in the market?

    The hub motor segment led the market in 2019.

  • What are the major trends in the market?

    The inclination toward crank motor in electric bicycles is the key trend in the market.

  • At what rate is the market projected to grow?

    The market growth is expected to decelerate at a CAGR of over 4% during the forecast period.

  • Who are the top players in the market?

    BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., and ZF Friedrichshafen AG are the top players in the market.

  • What are the key market drivers and challenges?

    The market is driven by the fuel-efficiency of bicycles. However, the high price of electric bicycles might hamper growth.

Related Reports on Consumer Discretionary Include:

Global Electric Vehicle Motor Market – Global electric vehicle motor market segmentation by power rating (MPR, HPR, and LPR) and geography (APAC, Europe, MEA, North America, and South America).Click Here to Get an Exclusive Free Sample Report

Global E-bike Drive Market – Global e-bike drive market segmentation by motor type (hub motor and mid-drive motor) and geography (APAC, Europe, North America, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., and ZF Friedrichshafen AG are some of the major market participants. Although the fuel-efficiency of bicycles will offer immense growth opportunities, the high price of electric bicycles is likely to

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LONDON–(Business Wire)–Technavio has been monitoring the bicycle motors market and it is poised to grow by 7.79 million units during 2020-2024, decelerate at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201124005231/en/

Technavio has announced its latest market research report titled Global Bicycle Motors Market 2020-2024 (Graphic: Business Wire).

Technavio has announced its latest market research report titled Global Bicycle Motors Market 2020-2024 (Graphic: Business Wire).

Click & Get Free sample report in minutes

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the bicycle motors market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions:

  • Based on segmentation by type, which is the leading segment in the market?

    The hub motor segment led the market in 2019.
  • What are the major trends in the market?

    The inclination toward crank motor in electric bicycles is the key trend in the market.
  • At what rate is the market projected to grow?

    The market growth is expected to decelerate at a CAGR of over 4% during the forecast period.
  • Who are the top players in the market?

    BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., and ZF Friedrichshafen AG are the top players in the market.
  • What are the key market drivers and challenges?

    The market is driven by the fuel-efficiency of bicycles. However, the high price of electric bicycles might hamper growth.

Related Reports on Consumer Discretionary Include:

Global Electric Vehicle Motor Market – Global electric vehicle motor market segmentation by power rating (MPR, HPR, and LPR) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global E-bike Drive Market – Global e-bike drive market segmentation by motor type (hub motor and mid-drive motor) and geography (APAC, Europe, North America, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. BionX International Corp., Brose Fahrzeugteile SE & Co. KG, Continental AG, Derby Cycle Holding GmbH, Panasonic Corp., Robert Bosch GmbH, Shimano Inc., Sunstar Suisse SA, Yamaha Corp., and ZF Friedrichshafen AG are some of the major market participants. Although the fuel-efficiency of bicycles will offer immense growth opportunities, the high price of electric bicycles is likely to pose a challenge for the market vendors. In a bid to help players strengthen

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