Worldwide Hub Motor Industry to 2026 - Increase in Penetration of Electric Vehicles Presents Opportunities
Jul 20, 2020, 08:15 ET
DUBLIN, July 20, 2020 /PRNewswire/ -- The "Hub Motor Market by Product, Sales Channel, and Position: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.
According to this report the global hub motor market size was valued at $12.25 billion in 2018, and is projected to reach $17.45billion by 2026, registering a CAGR of 4.4% from 2019 to 2026.
In vehicles with in-wheel motor, hub motors are installed close to the drive wheels that rotate the wheels through extremely small drive shaft, which results in a zero-time lag. As the time lag with this system is zero, motor power is transmitted to the wheel instantaneously and offer a very precise control over the wheel. In addition, the left and right wheels are driven by the separated motors due to which the torque for each wheel can be controlled independently.
The market is anticipated to witness a significant growth over the years, owing to enhanced performance of electric vehicle due to hub motor systems.
The global hub motor market is segmented on the basis of product, sales channel, position, and region. Depending on product, the market is divided into Pedelecs, throttle on demand, and scooter or motorcycle. On the basis of sales channel, it is categorized into OEM and aftermarket. By position, it is bifurcated into hub motor and rear hub motor. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the hub motor market include Schaeffler technologies AG & CO. KG, Robert Bosch GmbH, Hyundai Mobis, Siemens AG, QS Motor, Elaphe Propulsion Technologies Ltd., NTN Corporation, TDCM, MAC Shanghai Electric Motor Company Ltd, Accell Group, and others.
Key Benefits
- This study presents the analytical depiction of the global hub motormarket along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the market.
- Porter's five forces analysis illustrates the potency of the buyers and suppliers.
Key Players
- Schaeffler technologies AG & CO. KG
- Robert Bosch GmbH
- Hyundai Mobis
- Siemens AG
- QS Motor
- Elaphe Propulsion Technologies Ltd.
- NTN Corporation
- TDCM
- MAC Shanghai Electric Motor Company Ltd.
- Accell Group
Key Findings
- On the basis of product, the throttle on demand segmentis anticipated to exhibit a remarkable growth during the forecast period.
- On the basis of sales channel, the aftermarket segment is the highest contributing segment in 2018, in terms of revenue.
- Region wise, Europe is the fastest growing region, followed by North America, Asia-Pacific, and LAMEA.
Key Topics Covered:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porter's five forces analysis
3.4. Market share analysis (2018)
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Rise in production of vehicles with in-wheel electric motors
3.5.1.2. Enhanced performance of electric vehicle due to hub motor systems
3.5.2. Restraint
3.5.2.1. Less operating speed and complex structure of hub motors
3.5.3. Opportunities
3.5.3.1. Increase in penetration of electric vehicles
CHAPTER 4: HUB MOTORS MARKET, BY PRODUCT
4.1. Overview
4.2. Pedelecs
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Throttle on demand
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Scooter or motorcycle
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
CHAPTER 5: HUB MOTORS MARKET, BY SALES CHANNEL
5.1. Overview
5.2. Original equipment manufacturer (OEM)
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Aftermarket
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
CHAPTER 6: HUB MOTORS MARKET, BY POSITION
6.1. Overview
6.2. Front hub motor
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country
6.3. Rear hub motor
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country
CHAPTER 7: HUB MOTORS MARKET, BY REGION
7.1. Overview
7.2. North America
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by product
7.2.3. Market size and forecast, by sales channel
7.2.4. Market size and forecast, by position
7.2.5. Market analysis, by country
7.2.5.1. U. S.
7.2.5.1.1. Market size and forecast, by product
7.2.5.1.2. Market size and forecast, by sales channel
7.2.5.1.3. Market size and forecast, by position
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by product
7.2.5.2.2. Market size and forecast, by sales channel
7.2.5.2.3. Market size and forecast, by position
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by product
7.2.5.3.2. Market size and forecast, by sales channel
7.2.5.3.3. Market size and forecast, by position
7.3. Europe
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by product
7.3.3. Market size and forecast, by sales channel
7.3.4. Market size and forecast, by position
7.3.5. Market analysis, by country
7.3.5.1. U. K.
7.3.5.1.1. Market size and forecast, by product
7.3.5.1.2. Market size and forecast, by sales channel
7.3.5.1.3. Market size and forecast, by position
7.3.5.2. Netherlands
7.3.5.2.1. Market size and forecast, by product
7.3.5.2.2. Market size and forecast, by sales channel
7.3.5.2.3. Market size and forecast, by position
7.3.5.3. Germany
7.3.5.3.1. Market size and forecast, by product
7.3.5.3.2. Market size and forecast, by Sales Channel
7.3.5.3.3. Market size and forecast, by position
7.3.5.4. France
7.3.5.4.1. Market size and forecast, by product
7.3.5.4.2. Market size and forecast, by sales channel
7.3.5.4.3. Market size and forecast, by position
7.3.5.5. Italy
7.3.5.5.1. Market size and forecast, by product
7.3.5.5.2. Market size and forecast, by sales channel
7.3.5.5.3. Market size and forecast, by position
7.3.5.6. Rest of Europe
7.3.5.6.1. Market size and forecast, by product
7.3.5.6.2. Market size and forecast, by sales channel
7.3.5.6.3. Market size and forecast, by position
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by product
7.4.3. Market size and forecast, by sales channel
7.4.4. Market size and forecast, by position
7.4.5. Market analysis, by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by product
7.4.5.1.2. Market size and forecast, by sales channel
7.4.5.1.3. Market size and forecast, by position
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by product
7.4.5.2.2. Market size and forecast, by sales channel
7.4.5.2.3. Market size and forecast, by position
7.4.5.3. India
7.4.5.3.1. Market size and forecast, by product
7.4.5.3.2. Market size and forecast, by sales channel
7.4.5.3.3. Market size and forecast, by position
7.4.5.4. Australia
7.4.5.4.1. Market size and forecast, by product
7.4.5.4.2. Market size and forecast, by sales channel
7.4.5.4.3. Market size and forecast, by position
7.4.5.5. Vietnam
7.4.5.5.1. Market size and forecast, by product
7.4.5.5.2. Market size and forecast, by sales channel
7.4.5.5.3. Market size and forecast, by position
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Market size and forecast, by product
7.4.5.6.2. Market size and forecast, by sales channel
7.4.5.6.3. Market size and forecast, by position
7.5. LAMEA
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by product
7.5.3. Market size and forecast, by sales channel
7.5.4. Market size and forecast, by position
7.5.5. Market analysis, by country
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast, by product
7.5.5.1.2. Market size and forecast, by sales channel
7.5.5.1.3. Market size and forecast, by position
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast, by product
7.5.5.2.2. Market size and forecast, by sales channel
7.5.5.2.3. Market size and forecast, by position
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast, by product
7.5.5.3.2. Market size and forecast, by sales channel
7.5.5.3.3. Market size and forecast, by position
CHAPTER 8: COMPANY PROFILES
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