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Hub Motor Market by Installation (Front & Rear), Vehicle (E-Bikes, E-Scooters/Mopeds, and E-Motorcycles), Motor (Geared and Gearless), Sales Channel (OE and Aftermarket), Power Output (Below 1000 W, 1000–3000 W, and Above 3000 W), and Region - Global Fore

Hub Motor Market by Installation (Front & Rear), Vehicle (E-Bikes, E-Scooters/Mopeds, and E-Motorcycles), Motor (Geared and Gearless), Sales Channel (OE and Aftermarket), Power Output (Below 1000 W, 1000–3000 W, and Above 3000 W), and Region - Global Forecast to 2025

“Availability of government support such as purchase incentives for electric two wheelers, powerful acceleration, and better torque control have driven the demand for hub motor globally.”
The global hub motor market is estimated to grow from USD 7.92 billion in 2018 at a CAGR of 5.03% to reach USD 11.17 billion by 2025. Government purchase incentives for electric two wheelers, increased driving range, reliability, and improved vehicle performance are the factors responsible for the growth of the hub motor market. However, high price and increase in unsprung weight in wheels are considered to be the major restraints for the growth of the hub motor market.

“High torque is propelling the growth of geared hub motor during the forecast period.”
The geared hub motor segment, by motor type, is the fastest and largest growing segment of the hub motor market. The geared hub motor is the most common motor type adopted for hub motors as it controls the speed of a vehicle. Geared hub motors provide high torque that helps in driving on mountains or hills. Geared hub motors have planetary gears which reduce the vehicle speed, however, they allow the motor to rotate at faster speeds. Hub motors are mainly geared for speed control and durability.

“North America is expected to record the highest growth rate during the forecast period.”
North America is the fastest growing market for EVs, followed by Europe. North America is a regional hub for many renowned electric two wheelers manufacturers known for delivering quality and high-performance vehicles. OEMs in North America such as Trek and Enertrac Corporation are focused on the development of high-performance electric two-wheelers. Victory Motorcycles, Zero Motorcycles, and Luna are the leading OEMs in the US who have launched electric two wheelers nationwide resulting in a huge demand for hub motors. A hub motor provides several benefits such as powerful acceleration, high flexibility, and better torque control, which are expected to boost the demand for electric two wheelers in the region, and in turn, boost the demand for hub motors.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the hub motor market.

By Company Type: Tier I - 42%, Tier II - 40%, and Tier III - 18%,
By Designation: C Level - 57%, D Level - 29%, and Others - 14%
By Region: North America - 29%, Europe - 28%, Asia Pacific - 43%

The hub motor market comprises major manufacturers, such as QS Motor (China), Schaeffler (Germany), Michelin (France), Jiashan Neopower International Trade (China), Elaphe (Slovenia), NTN (Japan), Tajima EV (Japan), TDCM Corporation (Taiwan), Go SWISSDRIVE (Switzerland), MAC Motor (China), Leaf Motor (China), and Robert Bosch (Germany). The study includes in-depth competitive analysis of these key players in the hub motor market, with their company profiles, recent developments, and key market strategies.

Research Coverage:
The market study covers the hub motor market across segments. It aims at estimating the market size and future growth potential of this market across different segments such as by installation type, vehicle type, motor type, sales channel type, power output type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall hub motor market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table CURRENCY EXCHANGE RATES (PER 1 USD)
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY SECONDARY SOURCES
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE HUB MOTOR MARKET
    • ASIA PACIFIC TO LEAD THE GLOBAL HUB MOTOR MARKET BY 2025
    • HUB MOTOR MARKET, BY POWER OUTPUT TYPE, 2018
    • HUB MOTOR MARKET, BY INSTALLATION TYPE, 2018 VS. 2025
    • HUB MOTOR MARKET, BY MOTOR TYPE
    • HUB MOTOR MARKET, BY VEHICLE TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
        • Table IMPACT OF MARKET DYNAMICS
  • INDUSTRY TRENDS
    • MID-DRIVE MOTOR
      • MAJOR APPLICATIONS OF MID-DRIVE MOTOR
    • NEIGHBORHOOD ELECTRIC VEHICLE (NEV)
  • HUB MOTOR MARKET, BY VEHICLE TYPE
    • INTRODUCTION
      • Table ELECTRIC TWO WHEELERS DEFINITION, BY REGION
      • Table HUB MOTOR MARKET SIZE, BY VEHICLE TYPE, 2016–2025 (UNITS)
      • Table HUB MOTOR MARKET SIZE, BY VEHICLE TYPE, 2016–2025 (USD MILLION)
    • E-BIKES
      • INCREASING POPULARITY OF E-BIKES WILL BOOST THE DEMAND FOR HUB MOTORS
        • Table E-BIKES: HUB MOTOR MARKET SIZE, BY REGION, 2016–2025 (UNITS)
        • Table E-BIKES: HUB MOTOR MARKET SIZE, BY REGION, 2016–2025 (USD MILLION)
    • E-SCOOTERS/MOPEDS
      • GROWING USE OF E-SCOOTERS/MOPEDS AS ALTERNATIVE TRANSPORT MOBILITY WILL BOOST THE DEMAND
        • Table E-SCOOTERS/MOPEDS: HUB MOTOR MARKET SIZE, BY REGION, 2016–2025 (UNITS)
        • Table E-SCOOTERS/MOPEDS: HUB MOTOR MARKET SIZE, BY REGION, 2016–2025 (USD MILLION)
    • E-MOTORCYCLES
      • ASIA PACIFIC IS THE LARGEST MARKET FOR E-MOTORCYCLES
        • Table E-MOTORCYCLES: HUB MOTOR MARKET SIZE, BY REGION, 2016–2025 (UNITS)
        • Table E-MOTORCYCLES: HUB MOTOR MARKET SIZE, BY REGION, 2016–2025 (USD MILLION)
  • HUB MOTOR MARKET, BY INSTALLATION TYPE
    • INTRODUCTION
      • Table HUB MOTOR MARKET, BY INSTALLATION TYPE, 2016–2025 (UNITS)
    • FRONT HUB MOTOR
      • FACTORS SUCH AS EQUAL WEIGHT DISTRIBUTION WILL BOOST THE DEMAND FOR FRONT HUB MOTOR
        • Table FRONT HUB MOTOR: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
    • REAR HUB MOTOR
      • BENEFITS SUCH AS HIGH TRACTION AND POWERFUL ACCELERATION WILL BOOST THE DEMAND FOR REAR HUB MOTOR
        • Table REAR HUB MOTOR: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
  • HUB MOTOR MARKET, BY MOTOR TYPE
    • INTRODUCTION
      • Table HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
    • GEARLESS HUB MOTOR
      • BENEFITS SUCH AS HIGH DURABALITY AND POWER WILL BOOST THE DEMAND FOR GEARLESS HUB MOTOR
        • Table GEARLESS HUB MOTOR: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
    • GEARED HUB MOTOR
      • ASIA PACIFIC TO LEAD THE GEARED HUB MOTOR MARKET BETWEEN 2018 AND 2025
        • Table GEARED HUB MOTOR: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
  • HUB MOTOR MARKET, BY POWER OUTPUT TYPE
    • INTRODUCTION
      • Table HUB MOTOR MARKET, BY POWER OUTPUT TYPE, 2016–2025 (UNITS)
    • BELOW 1000 W
      • INCREASE IN SALES OF E-BIKES WILL BOOST THE DEMAND FOR BELOW 1000 W HUB MOTORS
        • Table BELOW 1000 W: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
    • 1000-3000 W
      • INCREASE IN SALES OF E-SCOOTERS/MOPEDS WILL BOOST THE DEMAND FOR 1000–3000 W HUB MOTORS
        • Table 1000–3000 W: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
    • ABOVE 3000 W
      • INCREASE IN SALES OF E-MOTORCYCLES WILL BOOST THE DEMAND FOR ABOVE 3000 W HUB MOTORS
        • Table ABOVE 3000 W: HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
  • HUB MOTOR MARKET, BY SALES CHANNEL
    • INTRODUCTION
    • AFTERMARKET
    • OE MARKET
  • HUB MOTOR MARKET, BY REGION
    • INTRODUCTION
      • Table HUB MOTOR MARKET, BY REGION, 2016–2025 (UNITS)
      • Table HUB MOTOR MARKET, BY REGION, 2016–2025 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: HUB MOTOR MARKET, BY COUNTRY, 2016–2025 (UNITS)
      • Table ASIA PACIFIC: HUB MOTOR MARKET, BY COUNTRY, 2016–2025 (USD MILLION)
      • CHINA
        • Table CHINA: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • INDIA
        • Table INDIA: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • JAPAN
        • Table JAPAN: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • SOUTH KOREA
        • Table SOUTH KOREA: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • TAIWAN
        • Table TAIWAN: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
    • EUROPE
      • Table EUROPE: HUB MOTOR MARKET, BY COUNTRY, 2016–2025 (UNITS)
      • Table EUROPE: HUB MOTOR MARKET, BY COUNTRY, 2016–2025 (USD MILLION)
      • AUSTRIA
        • Table AUSTRIA: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • FRANCE
        • Table FRANCE: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • GERMANY
        • Table GERMANY: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • ITALY
        • Table ITALY: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • NETHERLANDS
        • Table NETHERLANDS: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • SPAIN
        • Table SPAIN: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • UNITED KINGDOM
        • Table UNITED KINGDOM: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
    • NORTH AMERICA
      • Table NORTH AMERICA: HUB MOTOR MARKET, BY COUNTRY, 2016–2025 (UNITS)
      • Table NORTH AMERICA: HUB MOTOR MARKET, BY COUNTRY, 2016–2025 (USD MILLION)
      • CANADA
        • Table CANADA: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
      • US
        • Table US: HUB MOTOR MARKET, BY MOTOR TYPE, 2016–2025 (UNITS)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
    • COMPETITIVE SITUATION & TRENDS
      • NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT DEVELOPMENTS, 2013–2018
      • COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS/AGREEMENTS
        • Table COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS/AGREEMENTS, 2017–2018
  • COMPANY PROFILES
    • KEY PLAYERS
      • QS MOTOR
      • SCHAEFFLER
      • MICHELIN GROUP
      • JIASHAN NEOPOWER INTERNATIONAL TRADE
      • ELAPHE LTD
      • NTN
      • TAJIMA EV
      • TDCM CORPORATION
      • GO SWISSDRIVE
      • MAC MOTOR
      • LEAF MOTOR
      • ROBERT BOSCH
    • KEY PLAYERS FROM OTHER REGIONS
      • NORTH AMERICA
      • EUROPE
      • ASIA PACIFIC
  • APPENDIX
    • KEY INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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