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PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1040754
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1040754
Hub Motor Market Forecasts to 2028 - Global Analysis By Motor (Geared, Gearless), Product (Pedelecs, Throttle on Demand), Torque (< 700 Nm, > 700 Nm), Sales Channel (OEM, Aftermarket) and By Geography
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According to Stratistics MRC, the Global Hub Motor Market is accounted for $8.48 billion in 2020 and is expected to reach $14.58 billion by 2028 growing at a CAGR of 7.01% during the forecast period. Increasing government purchase incentives for electric two wheelers, enhanced performance of electric vehicle and rise in production of vehicles are driving the market growth. However, lack of awareness and less operating speed are hampering the growth of the market.
Hub Motor is an electric motor that is installed in the wheels that drives the wheels directly and is used for the improvement in effectiveness and performance of the vehicles. They are installed on the wheels of the electric vehicles so that the load on the engine can be reduced and the performance of the vehicle is enhanced.
Based on the installation, the rear hub motor segment is going to have lucrative growth during the forecast period as rear hub motor provides high power handling, powerful acceleration, and high flexibility. These motors are now widely used in modern electric and hybrid vehicle especially electric scooters and electric bike kits.
By geography, Asia Pacific is going to have high growth during the forecast period due to the rush in adoption of electric buses in emerging economies of this region. In addition, rising imports and exports of electric vehicles due to rise in pollution and to find alternative to gasoline vehicles that emit huge pollutants in the atmosphere is another factor responsible for the growth of this market in this region.
Some of the key players profiled in the Hub Motor Market include Accell Group, Elaphe Ltd, Enertrac Corporation, Jiashan Neopower International Trade Co, Ltd,Leaf Motor, Luna Cycle, Michelin Group, NTN Corporation, QS Motor, Robert Bosch, Schaeffler technologies AG & CO. KG, Siemens AG, TDCM Corporation and Zero Motorcycles.
Motors Covered:
- Geared Hub Motor
- Gearless Hub Motor
Brakings Covered:
- Regenerative Braking
- Conventional Braking
Products Covered:
- Pedelecs
- Throttle on Demand
Vehicle Types Covered:
- Two-Wheelers
- Three Wheelers
- Four Wheelers
Installations Covered:
- Front Hub Motor
- Rear Hub Motor
Torques Covered:
- Less than 700 Nm
- More than 700 Nm
Drives Covered:
- Front Wheel Drive
- All-Wheel Drive
- Rear Wheel Drive
Method of Cooling's Covered:
- Water Cooled
- Air Cooled
Electric Vehicle Types Covered:
- Battery Electric Vehicle (BEV)
- Plug in Hybrid Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
Power Outputs Covered:
- Below 1000 W
- 1000-3000 W
- Above 3000 W
Sales Channels Covered:
- Original Equipment Manufacturer (OEM)
- Aftermarket
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Product Code: SMRC21192
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Hub Motor Market, By Motor
- 5.1 Introduction
- 5.2 Geared Hub Motor
- 5.3 Gearless Hub Motor
6 Global Hub Motor Market, By Braking
- 6.1 Introduction
- 6.2 Regenerative Braking
- 6.3 Conventional Braking
7 Global Hub Motor Market, By Product
- 7.1 Introduction
- 7.2 Pedelecs
- 7.3 Throttle on Demand
8 Global Hub Motor Market, By Vehicle Type
- 8.1 Introduction
- 8.2 Two-Wheelers
- 8.2.1 Electric Bike (E-Bike)
- 8.2.2 Electric Scooter (E-Scooter)/Mopeds
- 8.2.3 Electric Motorcycles (E-Motorcycles)
- 8.3 Three Wheelers
- 8.3.1 Rickshaws
- 8.3.2 Trikes
- 8.4 Four Wheelers
- 8.4.1 Passenger Vehicle
- 8.4.2 Commercial Vehicle
- 8.4.2.1 Light Commercial Vehicle (LCV)
- 8.4.2.2 Heavy Commercial Vehicle (HCV)
9 Global Hub Motor Market, By Installation
- 9.1 Introduction
- 9.2 Front Hub Motor
- 9.3 Rear Hub Motor
10 Global Hub Motor Market, By Torque
- 10.1 Introduction
- 10.2 Less than 700 Nm
- 10.3 More than 700 Nm
11 Global Hub Motor Market, By Drive
- 11.1 Introduction
- 11.2 Front Wheel Drive
- 11.3 All-Wheel Drive
- 11.4 Rear Wheel Drive
12 Global Hub Motor Market, By Method of Cooling
- 12.1 Introduction
- 12.2 Water Cooled
- 12.3 Air Cooled
13 Global Hub Motor Market, By Electric Vehicle Type
- 13.1 Introduction
- 13.2 Battery Electric Vehicle (BEV)
- 13.3 Plug in Hybrid Vehicle (PHEV)
- 13.4 Hybrid Electric Vehicle (HEV)
14 Global Hub Motor Market, By Power Output
- 14.1 Introduction
- 14.2 Below 1000 W
- 14.3 1000-3000 W
- 14.4 Above 3000 W
15 Global Hub Motor Market, By Sales Channel
- 15.1 Introduction
- 15.2 Original Equipment Manufacturer (OEM)
- 15.3 Aftermarket
16 Global Hub Motor Market, By Geography
- 16.1 Introduction
- 16.2 North America
- 16.2.1 US
- 16.2.2 Canada
- 16.2.3 Mexico
- 16.3 Europe
- 16.3.1 Germany
- 16.3.2 UK
- 16.3.3 Italy
- 16.3.4 France
- 16.3.5 Spain
- 16.3.6 Rest of Europe
- 16.4 Asia Pacific
- 16.4.1 Japan
- 16.4.2 China
- 16.4.3 India
- 16.4.4 Australia
- 16.4.5 New Zealand
- 16.4.6 South Korea
- 16.4.7 Rest of Asia Pacific
- 16.5 South America
- 16.5.1 Argentina
- 16.5.2 Brazil
- 16.5.3 Chile
- 16.5.4 Rest of South America
- 16.6 Middle East & Africa
- 16.6.1 Saudi Arabia
- 16.6.2 UAE
- 16.6.3 Qatar
- 16.6.4 South Africa
- 16.6.5 Rest of Middle East & Africa
17 Key Developments
- 17.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 17.2 Acquisitions & Mergers
- 17.3 New Product Launch
- 17.4 Expansions
- 17.5 Other Key Strategies
18 Company Profiling
- 18.1 Accell Group
- 18.2 Elaphe Ltd
- 18.3 Enertrac Corporation
- 18.4 Jiashan Neopower International Trade Co, Ltd
- 18.5 Leaf Motor
- 18.6 Luna Cycle
- 18.7 Michelin Group
- 18.8 NTN Corporation
- 18.9 QS Motor
- 18.10 Robert Bosch
- 18.11 Schaeffler technologies AG & CO. KG
- 18.12 Siemens AG
- 18.13 TDCM Corporation
- 18.14 Zero Motorcycles
Product Code: SMRC21192
List of Tables
- Table 1 Global Hub Motor Market Outlook, By Region (2019-2028) ($MN)
- Table 2 Global Hub Motor Market Outlook, By Motor (2019-2028) ($MN)
- Table 3 Global Hub Motor Market Outlook, By Geared Hub Motor (2019-2028) ($MN)
- Table 4 Global Hub Motor Market Outlook, By Gearless Hub Motor (2019-2028) ($MN)
- Table 5 Global Hub Motor Market Outlook, By Braking (2019-2028) ($MN)
- Table 6 Global Hub Motor Market Outlook, By Regenerative Braking (2019-2028) ($MN)
- Table 7 Global Hub Motor Market Outlook, By Conventional Braking (2019-2028) ($MN)
- Table 8 Global Hub Motor Market Outlook, By Product (2019-2028) ($MN)
- Table 9 Global Hub Motor Market Outlook, By Pedelecs (2019-2028) ($MN)
- Table 10 Global Hub Motor Market Outlook, By Throttle on Demand (2019-2028) ($MN)
- Table 11 Global Hub Motor Market Outlook, By Vehicle Type (2019-2028) ($MN)
- Table 12 Global Hub Motor Market Outlook, By Two-Wheelers (2019-2028) ($MN)
- Table 13 Global Hub Motor Market Outlook, By Electric Bike (E-Bike) (2019-2028) ($MN)
- Table 14 Global Hub Motor Market Outlook, By Electric Scooter (E-Scooter)/Mopeds (2019-2028) ($MN)
- Table 15 Global Hub Motor Market Outlook, By Electric Motorcycles (E-Motorcycles) (2019-2028) ($MN)
- Table 16 Global Hub Motor Market Outlook, By Three Wheelers (2019-2028) ($MN)
- Table 17 Global Hub Motor Market Outlook, By Rickshaws (2019-2028) ($MN)
- Table 18 Global Hub Motor Market Outlook, By Trikes (2019-2028) ($MN)
- Table 19 Global Hub Motor Market Outlook, By Four Wheelers (2019-2028) ($MN)
- Table 20 Global Hub Motor Market Outlook, By Passenger Vehicle (2019-2028) ($MN)
- Table 21 Global Hub Motor Market Outlook, By Commercial Vehicle (2019-2028) ($MN)
- Table 22 Global Hub Motor Market Outlook, By Installation (2019-2028) ($MN)
- Table 23 Global Hub Motor Market Outlook, By Front Hub Motor (2019-2028) ($MN)
- Table 24 Global Hub Motor Market Outlook, By Rear Hub Motor (2019-2028) ($MN)
- Table 25 Global Hub Motor Market Outlook, By Torque (2019-2028) ($MN)
- Table 26 Global Hub Motor Market Outlook, By Less than 700 Nm (2019-2028) ($MN)
- Table 27 Global Hub Motor Market Outlook, By More than 700 Nm (2019-2028) ($MN)
- Table 28 Global Hub Motor Market Outlook, By Drive (2019-2028) ($MN)
- Table 29 Global Hub Motor Market Outlook, By Front Wheel Drive (2019-2028) ($MN)
- Table 30 Global Hub Motor Market Outlook, By All-Wheel Drive (2019-2028) ($MN)
- Table 31 Global Hub Motor Market Outlook, By Rear Wheel Drive (2019-2028) ($MN)
- Table 32 Global Hub Motor Market Outlook, By Method of Cooling (2019-2028) ($MN)
- Table 33 Global Hub Motor Market Outlook, By Water Cooled (2019-2028) ($MN)
- Table 34 Global Hub Motor Market Outlook, By Air Cooled (2019-2028) ($MN)
- Table 35 Global Hub Motor Market Outlook, By Electric Vehicle Type (2019-2028) ($MN)
- Table 36 Global Hub Motor Market Outlook, By Battery Electric Vehicle (BEV) (2019-2028) ($MN)
- Table 37 Global Hub Motor Market Outlook, By Plug in Hybrid Vehicle (PHEV) (2019-2028) ($MN)
- Table 38 Global Hub Motor Market Outlook, By Hybrid Electric Vehicle (HEV) (2019-2028) ($MN)
- Table 39 Global Hub Motor Market Outlook, By Power Output (2019-2028) ($MN)
- Table 40 Global Hub Motor Market Outlook, By Below 1000 W (2019-2028) ($MN)
- Table 41 Global Hub Motor Market Outlook, By 1000-3000 W (2019-2028) ($MN)
- Table 42 Global Hub Motor Market Outlook, By Above 3000 W (2019-2028) ($MN)
- Table 43 Global Hub Motor Market Outlook, By Sales Channel (2019-2028) ($MN)
- Table 44 Global Hub Motor Market Outlook, By Original Equipment Manufacturer (OEM) (2019-2028) ($MN)
- Table 45 Global Hub Motor Market Outlook, By Aftermarket (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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