About All Wheel Drive (AWD) E-bikes
The all-wheel drive (AWD) concept refers to the energy that is transferred to both the wheels of the bicycle through various methods. AWD e-bikes are similar to normal e-bikes. AWD is a drive-assist system, which makes long journeys or steep climbing less arduous. The AWD drive-assist market holds a major attraction for performance cyclists, daily commuters, elderly people, environment conservative people, and a few others. Most of the market demand stems from developed countries as it is not a necessity. A major part of the sales volumes is expected from Europe and Asia-Pacific.
Technavio’s analysts forecast the global all wheel drive (AWD) E-bikes market to grow at a CAGR of 8.48% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global all wheel drive (AWD) E-bikes market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global All Wheel Drive (AWD) E-bikes Market 2017-2021
Technavio recognizes the following companies as the key players in the global all wheel drive (AWD) E-bikes market: Christini AWD Bicycles, Karbon Kinetics, and Greenwit Technologies.
Other Prominent Vendors in the market are: BH Bikes, Dogati, and Tretta AWD Bicycles.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is torque sensors at the paddle speed limiter. Torque sensors are used in AWD e-bikes; there are separate motors for both the wheels, which makes it complex in case there is a mismatch of motor speed at the same time. The torque sensor assesses the torque supplied to both the wheels, and if there is a difference of more than 5%, the torque sensor corrects the motor feed to make it equal.”
According to the report, one driver in the market is traffic snarls increasing on-road time for commuters. Mobility can be categorized into public transportation, personal transportation, and commercial transport. The urbanization of major cities and towns worldwide has led to the need for people to commute daily to work and back. Urbanization brings opportunities for premium and innovative products like AWD e-bikes, as they offer an effective and environment-friendly option to other modes of transport such as fossil fuel-driven cars and buses. In addition, well-developed city roads and infrastructure promotes energy-efficient products and urbanization of the product makes an AWD e-bike an attractive design package.
Further, the report states that one challenge in the market is high cost of AWD e-bikes. AWD e-bikes are environment-friendly, ensure riding pleasure, and offer an excellent option for adventure riding or low-cost transportation compared with automobiles. But the higher cost of AWD systems in comparison to conventional bicycles is a drawback that hinders the growth of the global AWD e-bikes market. The technical challenges mostly relate to cost optimization and efficient technology. One of the most efficient motors is the geared-multi speed motor with a lightweight battery pack, which costs nearly three times more than a basic system that is available in the market for AWD e-bikes.
Christini AWD Bicycles, Karbon Kinetics, and Greenwit Technologies, BH Bikes, Dogati, and Tretta AWD Bicycles.
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