Global Hub motor Market (2020-2026) Industry Research Report describes an in-depth analysis of the Hub motor industry players coupled with the profiles and their tendency towards the market. That analyzes Hub motor Market price, cost, gross, revenue, specifications, product picture, company profile, and contact information.
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Hub motor Market 2020 report is a proficient and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market.
According to , the Global Hub Motor Market is accounted for $7.45 billion in 2017 and is expected to reach $14.28 billion by 2026 growing at a CAGR of 7.5% during the forecast period. Some of the key factors driving the market growth include increasing sales of electric two wheelers globally, increased driving range and government purchase incentives for electric two wheelers. However, factors such as lack of awareness of general population related to motorcycle hub motors is restraining the market growth.
The Hub Motor is normally used in an electric motorcycle to offer traction by converting stored electric energy to motion power. Hub Motor are integrating into the wheel-hub to provide traction, it has mostly two type of possibilities or arrangements of fitting in an electric which is straight connection and wheel hub with an extra gearbox. During Direct connection low-speed with elevated torque can be attained though incorporation of wheel hub with an additional gearbox facilitates speed and torque accordingly to user requirement. This hub motor helps in dropping the fuel consumption and also reduces maintenance costs of the motorcycle and that extend the motorcycle life. The hub motor arrangement is a major step towards vehicular emission control. Furthermore, the sizes, elasticity, power efficient and lightweight are the advantages of the traction through hub motor.
Based on Sales Channel, OEM segment held considerable market share during the forecast period owing to the hub motor being in the advance phase. In addition, greater life span and usages of this equipment is anticipated to drive the OEM segment growth. Additionally, major expansion of the automotive production and increasing export of Electric Vehicles from the Japan, Korea and China are projected to grow the OEM segment for the market. By Geography, Asia Pacific is estimated to have prominent growth in the global market due to 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 in the market are Schaeffler, Elaphe Ltd, Michelin Group, Jiashan Neopower International Trade, QS Motor, Go Swissdrive, MAC Motor, TDCM Corporation, NTN Corporation, Tajima EV, Robert Bosch, Leaf Motor, Enertrac Corporation, Fuji-Ta, Merida, Heinzmann, Zero Motorcycles, Luna Cycle, Tainjin Golden Wheel, Accell Group, Pon Bike Group and Victory Motorcycles.
Gearless Hub Motor
Geared Hub Motor
Power Outputs Covered:
Above 3000 W
Below 1000 W
Rear Hub Motor
Front Hub Motor
Sales Channels Covered:
Original Equipment Manufacturer
Method of Coolingâ€™s covered:
More than 700 Nm
Less than 700 Nm
Electric Vehicle Types Covered:
Hybrid Electric Vehicle (HEV)
Plug in Hybrid Vehicle (PHEV)
Battery Vehicle (BEV)
Vehicle Types Covered:
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets
- 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
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Key Features of Hub motor Market Research Report:
- This report provides detail analysis of the market and have a comprehensive understanding of the Hub motor market and its commercial landscape.
- Learn about the various market strategies that are being adopted by leading companies.
- It provides a five-year forecast assessed based on how the Hub motor market is predicted to grow.
- It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
- To understand the future scope and outlooks for the Hub motor market.
- Hub motor Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
- Hub motor Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
- Hub motor Market Size (sales, revenue) forecast by regions and countries from 2020 to 2026 of Hub motor industry.
- The global Hub motor market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2026. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
- Hub motor Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
- Hub motor Market Report also mentions market share accrued by each product in the Hub motor market, along with the production growth.
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Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in Hub motor Market Report are:
Chapter 1 Overview of Hub motor Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 Hub motor Market Competition Status by Major Manufacturers
Chapter 12 Hub motor Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of Hub motor Market
Chapter 14 Cost and Gross Margin Analysis of Hub motor Market
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