Automotive Hub Motor Market was valued at US$ 7.77 Bn in 2022 and is estimated to reach US$ 14.25 Bn by 2029 at a CAGR of 9.05% during a forecast period. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Automotive Hub Motor Market Dynamics
The automotive hub motor is mostly used in electric bicycles. The automotive hub motor is also frequently used or applied in industries wherein driving wheels form a part of assembly lines. The automotive hub motor refers to an electric motor that is equipped in the hub of a wheel which allows it to move. Demand for automotive hub motor technology to power electric vehicles is projected to rise due to the increase in preference by consumers towards electric vehicles. The automotive hub motor technology is robust, easy to install, and does not need modification like other vehicle systems. With the integration of an automotive hub motor, it allows a vehicle to be operated as a four-wheel drive and all-wheel drive vehicle without using a transfer case. Automotive hub motors are extensively utilized in electric buses. The automotive hub motor system market is easy to develop, as compared to the electric drive with a transmission. The hub motor is favoured instead of buses as it offers the absence of an engine and more transmission floor space.Automotive Hub Motor Market Segment Analysis
The geared hub motor is the fastest-growing segment in the automotive hub motor market. The geared hub motor is the most general motor type adopted for hub motors as it controls the speed of a vehicle. Geared hub motor provides high torque that aids in driving on mountains or hills. Geared hub motors have planetary gears that reduce the vehicle speed, though, they allow the motor to rotate at a faster speed. Hub motors are mostly geared for speed control and durability.Automotive Hub Motor Market Regional Insights
Region-wise, the Asia-Pacific is dominating the automotive hub motor market during the forecast period. The automotive hub motors market in the APAC region is primarily governed by countries such as China, Japan, and some of the Southeast Asia countries. These countries have tough penetration of electric two-wheelers, making them the most prominent market. Global Automotive Hub Motor Market Report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.Automotive Hub Motor Market, Key Highlights:
Global Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Automotive Hub Motor Market Global Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global Market strategic analysis with respect to individual growth trends, future prospects along the contribution of various sub-market stakeholders have been considered under the scope of the study. Global Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Automotive Hub Motor Market are also profiled.Scope of the Global Automotive Hub Motor Market: Inquire before buying
Global Automotive Hub Motor Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 7.77 Bn. Forecast Period 2023 to 2029 CAGR: 9.05% Market Size in 2029: US $ 14.25 Bn. Segments Covered: by Type Gearless Hub Motor Geared Hub Motor by Application Two-Wheelers Electric Cars Commercial Vehicles Automotive Hub Motor Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Automotive Hub Motor Market, Key Players are
1.Heinzmann GmbH & Co. KG 2. Protean Electric Ltd. 3. Elaphe Ltd. 4. Taizhou Quanshun Motor Co., Ltd 5. Mitsubishi Motors 6. Schaeffler Technologies AG & Co. KG 7. TDCM Corporation Ltd. 8. Mitsubishi Electric Corporation 9. Johnson Electric Holdings Limited 10. Denso Corporation 11. Michelin Group 12. Magnetic Systems Technology Ltd. 13. SIM-Drive Corporation 14. GO SwissDrive AG 15. QS Motor Co., Ltd Frequently Asked questions 1. What is the market size of the Global Market in 2022? Ans. The market size Global Market in 2022 was US$ 7.77 Billion. 2. What are the different segments of the Global Market ? Ans. The Global Market is divided into Type and Application . 3. What is the study period of this market? Ans. The Global Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Market ? Ans. The Forecast Period of the market is 2023-2029 in the market.
Global Automotive Hub Motor Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Automotive Hub Motor Market Size, by Market Value (US$ Bn) and Volume (US$ Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Automotive Hub Motor Market Analysis and Forecast 6.1. Global Automotive Hub Motor Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Automotive Hub Motor Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Automotive Hub Motor Market Value Share Analysis, by Type 7.4. Global Automotive Hub Motor Market Size (US$ Bn) Forecast, by Type 7.5. Global Automotive Hub Motor Market Analysis, by Type 7.6. Global Automotive Hub Motor Market Attractiveness Analysis, by Type 8. Global Automotive Hub Motor Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Automotive Hub Motor Market Value Share Analysis, by Application 8.4. Global Automotive Hub Motor Market Size (US$ Bn) Forecast, by Application 8.5. Global Automotive Hub Motor Market Analysis, by Application 8.6. Global Automotive Hub Motor Market Attractiveness Analysis, by Application 9. Global Automotive Hub Motor Market Analysis, by Region 9.1. Global Automotive Hub Motor Market Value Share Analysis, by Region 9.2. Global Automotive Hub Motor Market Size (US$ Bn) Forecast, by Region 9.3. Global Automotive Hub Motor Market Attractiveness Analysis, by Region 10. North America Automotive Hub Motor Market Analysis 10.1. Key Findings 10.2. North America Automotive Hub Motor Market Overview 10.3. North America Automotive Hub Motor Market Value Share Analysis, by Type 10.4. North America Automotive Hub Motor Market Forecast, by Type 10.4.1. Gearless Hub Motor 10.4.2. Geared Hub Motor 10.5. North America Automotive Hub Motor Market Value Share Analysis, by Application 10.6. North America Automotive Hub Motor Market Forecast, by Application 10.6.1. Two-Wheelers 10.6.2. Electric Cars 10.6.3. Commercial Vehicles 10.7. North America Automotive Hub Motor Market Value Share Analysis, by Country 10.8. North America Automotive Hub Motor Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Automotive Hub Motor Market Analysis, by Country 10.10. U.S. Automotive Hub Motor Market Forecast, by Type 10.10.1. Gearless Hub Motor 10.10.2. Geared Hub Motor 10.11. U.S. Automotive Hub Motor Market Forecast, by Application 10.11.1. Two-Wheelers 10.11.2. Electric Cars 10.11.3. Commercial Vehicles 10.12. Canada Automotive Hub Motor Market Forecast, by Type 10.12.1. Gearless Hub Motor 10.12.2. Geared Hub Motor 10.13. Canada Automotive Hub Motor Market Forecast, by Application 10.13.1. Two-Wheelers 10.13.2. Electric Cars 10.13.3. Commercial Vehicles 10.14. North America Automotive Hub Motor Market Attractiveness Analysis 10.14.1. By Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Automotive Hub Motor Market Analysis 11.1. Key Findings 11.2. Europe Automotive Hub Motor Market Overview 11.3. Europe Automotive Hub Motor Market Value Share Analysis, by Type 11.4. Europe Automotive Hub Motor Market Forecast, by Type 11.4.1. Gearless Hub Motor 11.4.2. Geared Hub Motor 11.5. Europe Automotive Hub Motor Market Value Share Analysis, by Application 11.6. Europe Automotive Hub Motor Market Forecast, by Application 11.6.1. Two-Wheelers 11.6.2. Electric Cars 11.6.3. Commercial Vehicles 11.7. Europe Automotive Hub Motor Market Value Share Analysis, by Country 11.8. Europe Automotive Hub Motor Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Automotive Hub Motor Market Analysis, by Country 11.10. Germany Automotive Hub Motor Market Forecast, by Type 11.10.1. Gearless Hub Motor 11.10.2. Geared Hub Motor 11.11. Germany Automotive Hub Motor Market Forecast, by Application 11.11.1. Two-Wheelers 11.11.2. Electric Cars 11.11.3. Commercial Vehicles 11.12. U.K. Automotive Hub Motor Market Forecast, by Type 11.12.1. Gearless Hub Motor 11.12.2. Geared Hub Motor 11.13. U.K. Automotive Hub Motor Market Forecast, by Application 11.13.1. Two-Wheelers 11.13.2. Electric Cars 11.13.3. Commercial Vehicles 11.14. France Automotive Hub Motor Market Forecast, by Type 11.14.1. Gearless Hub Motor 11.14.2. Geared Hub Motor 11.15. France Automotive Hub Motor Market Forecast, by Application 11.15.1. Two-Wheelers 11.15.2. Electric Cars 11.15.3. Commercial Vehicles 11.16. Italy Automotive Hub Motor Market Forecast, by Type 11.16.1. Gearless Hub Motor 11.16.2. Geared Hub Motor 11.17. Italy Automotive Hub Motor Market Forecast, by Application 11.17.1. Two-Wheelers 11.17.2. Electric Cars 11.17.3. Commercial Vehicles 11.18. Spain Automotive Hub Motor Market Forecast, by Type 11.18.1. Gearless Hub Motor 11.18.2. Geared Hub Motor 11.19. Spain Automotive Hub Motor Market Forecast, by Application 11.19.1. Two-Wheelers 11.19.2. Electric Cars 11.19.3. Commercial Vehicles 11.20. Rest of Europe Automotive Hub Motor Market Forecast, by Type 11.20.1. Gearless Hub Motor 11.20.2. Geared Hub Motor 11.21. Rest Of Europe Automotive Hub Motor Market Forecast, by Application 11.21.1. Two-Wheelers 11.21.2. Electric Cars 11.21.3. Commercial Vehicles 11.22. Europe Automotive Hub Motor Market Attractiveness Analysis 11.22.1. By Type 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Automotive Hub Motor Market Analysis 12.1. Key Findings 12.2. Asia Pacific Automotive Hub Motor Market Overview 12.3. Asia Pacific Automotive Hub Motor Market Value Share Analysis, by Type 12.4. Asia Pacific Automotive Hub Motor Market Forecast, by Type 12.4.1. Gearless Hub Motor 12.4.2. Geared Hub Motor 12.5. Asia Pacific Automotive Hub Motor Market Value Share Analysis, by Application 12.6. Asia Pacific Automotive Hub Motor Market Forecast, by Application 12.6.1. Two-Wheelers 12.6.2. Electric Cars 12.6.3. Commercial Vehicles 12.7. Asia Pacific Automotive Hub Motor Market Value Share Analysis, by Country 12.8. Asia Pacific Automotive Hub Motor Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Automotive Hub Motor Market Analysis, by Country 12.10. China Automotive Hub Motor Market Forecast, by Type 12.10.1. Gearless Hub Motor 12.10.2. Geared Hub Motor 12.11. China Automotive Hub Motor Market Forecast, by Application 12.11.1. Two-Wheelers 12.11.2. Electric Cars 12.11.3. Commercial Vehicles 12.12. India Automotive Hub Motor Market Forecast, by Type 12.12.1. Gearless Hub Motor 12.12.2. Geared Hub Motor 12.13. India Automotive Hub Motor Market Forecast, by Application 12.13.1. Two-Wheelers 12.13.2. Electric Cars 12.13.3. Commercial Vehicles 12.14. Japan Automotive Hub Motor Market Forecast, by Type 12.14.1. Gearless Hub Motor 12.14.2. Geared Hub Motor 12.15. Japan Automotive Hub Motor Market Forecast, by Application 12.15.1. Two-Wheelers 12.15.2. Electric Cars 12.15.3. Commercial Vehicles 12.16. ASEAN Automotive Hub Motor Market Forecast, by Type 12.16.1. Gearless Hub Motor 12.16.2. Geared Hub Motor 12.17. ASEAN Automotive Hub Motor Market Forecast, by Application 12.17.1. Two-Wheelers 12.17.2. Electric Cars 12.17.3. Commercial Vehicles 12.18. Rest of Asia Pacific Automotive Hub Motor Market Forecast, by Type 12.18.1. Gearless Hub Motor 12.18.2. Geared Hub Motor 12.19. Rest of Asia Pacific Automotive Hub Motor Market Forecast, by Application 12.19.1. Two-Wheelers 12.19.2. Electric Cars 12.19.3. Commercial Vehicles 12.20. Asia Pacific Automotive Hub Motor Market Attractiveness Analysis 12.20.1. By Type 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Automotive Hub Motor Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Automotive Hub Motor Market Overview 13.3. Middle East & Africa Automotive Hub Motor Market Value Share Analysis, by Type 13.4. Middle East & Africa Automotive Hub Motor Market Forecast, by Type 13.4.1. Gearless Hub Motor 13.4.2. Geared Hub Motor 13.5. Middle East & Africa Automotive Hub Motor Market Value Share Analysis, by Application 13.6. Middle East & Africa Automotive Hub Motor Market Forecast, by Application 13.6.1. Two-Wheelers 13.6.2. Electric Cars 13.6.3. Commercial Vehicles 13.7. Middle East & Africa Automotive Hub Motor Market Value Share Analysis, by Country 13.8. Middle East & Africa Automotive Hub Motor Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Automotive Hub Motor Market Analysis, by Country 13.10. GCC Automotive Hub Motor Market Forecast, by Type 13.10.1. Gearless Hub Motor 13.10.2. Geared Hub Motor 13.11. GCC Automotive Hub Motor Market Forecast, by Application 13.11.1. Two-Wheelers 13.11.2. Electric Cars 13.11.3. Commercial Vehicles 13.12. South Africa Automotive Hub Motor Market Forecast, by Type 13.12.1. Gearless Hub Motor 13.12.2. Geared Hub Motor 13.13. South Africa Automotive Hub Motor Market Forecast, by Application 13.13.1. Two-Wheelers 13.13.2. Electric Cars 13.13.3. Commercial Vehicles 13.14. Rest of Middle East & Africa Automotive Hub Motor Market Forecast, by Type 13.14.1. Gearless Hub Motor 13.14.2. Geared Hub Motor 13.15. Rest of Middle East & Africa Automotive Hub Motor Market Forecast, by Application 13.15.1. Two-Wheelers 13.15.2. Electric Cars 13.15.3. Commercial Vehicles 13.16. Middle East & Africa Automotive Hub Motor Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Automotive Hub Motor Market Analysis 14.1. Key Findings 14.2. South America Automotive Hub Motor Market Overview 14.3. South America Automotive Hub Motor Market Value Share Analysis, by Type 14.4. South America Automotive Hub Motor Market Forecast, by Type 14.4.1. Gearless Hub Motor 14.4.2. Geared Hub Motor 14.5. South America Automotive Hub Motor Market Value Share Analysis, by Application 14.6. South America Automotive Hub Motor Market Forecast, by Application 14.6.1. Two-Wheelers 14.6.2. Electric Cars 14.6.3. Commercial Vehicles 14.7. South America Automotive Hub Motor Market Value Share Analysis, by Country 14.8. South America Automotive Hub Motor Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Automotive Hub Motor Market Analysis, by Country 14.10. Brazil Automotive Hub Motor Market Forecast, by Type 14.10.1. Gearless Hub Motor 14.10.2. Geared Hub Motor 14.11. Brazil Automotive Hub Motor Market Forecast, by Application 14.11.1. Two-Wheelers 14.11.2. Electric Cars 14.11.3. Commercial Vehicles 14.12. Mexico Automotive Hub Motor Market Forecast, by Type 14.12.1. Gearless Hub Motor 14.12.2. Geared Hub Motor 14.13. Mexico Automotive Hub Motor Market Forecast, by Application 14.13.1. Two-Wheelers 14.13.2. Electric Cars 14.13.3. Commercial Vehicles 14.14. Rest of South America Automotive Hub Motor Market Forecast, by Type 14.14.1. Gearless Hub Motor 14.14.2. Geared Hub Motor 14.15. Rest of South America Automotive Hub Motor Market Forecast, by Application 14.15.1. Two-Wheelers 14.15.2. Electric Cars 14.15.3. Commercial Vehicles 14.16. South America Automotive Hub Motor Market Attractiveness Analysis 14.16.1. By Type 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Michelin Group 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. Heinzmann GmbH & Co. KG 15.3.3. Protean Electric Ltd. 15.3.4. Elaphe Ltd. 15.3.5. Taizhou Quanshun Motor Co., Ltd 15.3.6. Mitsubishi Motors 15.3.7. Schaeffler Technologies AG & Co. KG 15.3.8. TDCM Corporation Ltd. 15.3.9. Magnetic Systems Technology Ltd. 15.3.10. SIM-Drive Corporation 15.3.11. GO SwissDrive AG 15.3.12. QS Motor Co., Ltd 16. Primary Key Insights