2 Wheelers Hub Motors Market Size, Statistics, Growth Trend Analysis and Forecast Report, 2022 - 2032

  • Report ID : MD2914
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  • Pages : 210
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  • Tables : 51
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  • Formats :

2 Wheelers Hub Motors Market was estimated at $9.1 Billion in 2021 and is forecast to reach a market value of INR xx by 2032, growing at a CAGR of 9.8%. With the increasing awareness regarding Co2 emission and its effect on health and global warming and the efforts of the governments to reduce the same the electric motorcycle markets have been growing and hence the demand for the 2- Wheeler hub motor has been on rising as well.
Hub Motors are advanced version of conventional dc motors. These are basically brushless Dc motors which reduce the friction and increases the life of motor with less wearing & tearing, also it eliminates any kind of mechanical intervention which was earlier present in conventional dc motors. Hub motors therefore provide advantage of higher efficiency and life. But it also has disadvantages of low speed with less power transmission.
It is majorly being used in Electric vehicles owing to it’s advantages and disadvantages. Hence growth in EV market will In turn push the growth rate of Hub motors.

Regional outlook
The Asia-Pacific (APAC) region dominated the market for two-wheeler hub motors in 2018, the market was valued at USD 4.7 billion in 2019 and it is predicted to maintain its market dominance in the coming years. China is the largest market for two-wheeler hub motors in the Asia Pacific due to the presence of major two-wheeler hub motor manufacturers.
Other regions with an upcoming market are, North America (U.S., Canada, Mexico), Europe (France, Germany, UK, Russia, Rest of Europe), and LAMEA (Latin America, Middle East, Africa)
Key market players
Some of the major manufacturers responsible for the growth of this market are named here, QS Motor(CHINA), Mac Shanghai Electric Motor Company Ltd(CHINA), Bonfiglioli Riduttori S.p.A, NTN Corporation, Heinzmann GmbH & Co. KG, Robert Bosch GmbH, Schaeffler Technologies(GERMANY), Elaphe Propulsion Technologies Ltd. (Slovenia), Protean Electric, Hyundai Mobis, Michelin (France).

Years considered for this report
• Historical Years: available on request
• Base Year: 2021
• Forecast Period: 2022-2032

2 Wheelers Hub Motors Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2032)
• Data breakdown for application Industries (2022 – 2032)
• Integration and collaboration analysis of companies
• Capacity analysis with application sector breakdown
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategies adopted by emerging companies

Industry Segmentation and Revenue Breakdown
Vehicle Type Analysis (Revenue, USD Million, 2022 - 2032)
• Electric Scooter/Moped
• Electric Bike
• Electric Motorcycle
• Others

Installation Analysis (Revenue, USD Million, 2022 - 2032)
• Front Wheel Hub Motor
• Rear Wheel Hub Motor

Motor Outlook Analysis (Revenue, USD Million, 2022 - 2032)
• Geared Hub Motor
• Gearless Hub Motor

Sales Channel Analysis (Revenue, USD Million, 2022 - 2032)
• Aftermarket

Power Output Analysis (Revenue, USD Million, 2022 - 2032)
• Below 1KW
• 1-3 KW
• Above 3 KW

Country Analysis (Revenue, USD Million, 2022 – 2032)
• North America
• United States
• Canada
• Mexico
• Europe
• France
• Germany
• Italy
• Spain
• United Kingdom
• Rest of the Europe
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Rest of the APAC
• Rest of the World
• Middle East
• Japan
• Africa
• Rest of the World

EV Motors Market companies:
• NTN Corporation
• Heinzmann GmbH and Co. KG.
• Robert Bosch GmbH
• Schaeffler Technologies AG and Co. KG
• Elaphe Propulsion Technologies Ltd.

Alternative market terms: Motorcycle Hub Motors Market

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