The “Automotive Hub Motors Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 to 2028” report has been added to ResearchAndMarkets.com’s offering.
The report offers strategic insights into the global automotive hub motors market along with the market size and estimates for the duration 2018 to 2028.
The said research study covers an in-depth analysis of market segments based on motor type, application, and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2019 & 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
An automotive hub motor also called a wheel motor, in-wheel motor, or wheel hub drive is an electric motor fitted in the hub of the wheel. These motors are primarily used in electric bicycles and are witnessing a steady rise across other applications such as electric cars and commercial vehicles. The most prominent factor driving the market growth is the consistently rising penetration of electric bicycles as well as vehicles across different countries including China, Germany, Japan, Belgium, Norway, France, the U.K., and the Netherlands. The penetration of electric vehicles is witnessing strong growth, especially in Europe. Subsequently, the demand for hub motors would continue expanding over the forecast period.
Another prominent factor fueling the market growth is the superior advantages of automotive hub motors over conventional drives. Several hub motor manufacturers are putting in efforts to develop viable hub motor designs that can cater to a wide range of vehicles. In the near future, many major automotive manufacturers have expressed their desire to venture into the electric vehicle segments considering its huge potential. Thus, the automotive hub motor market can capitalize on this growth of electric vehicles. Nevertheless, major concerns for the automotive hub motors market is the strict necessity of electric supply onboard the vehicle. Similarly, unsprung weight is another major concern affecting the design of vehicles equipped with hub motors.
Heinzmann GmbH & Co. KG
Protean Electric Ltd.
Taizhou Quanshun Motor Co. Ltd.
Mitsubishi Motors Corporation
Schaeffler Technologies AG & Co. KG
TDCM Corporation Ltd.
Magnetic Systems Technology Ltd.
GO SwissDrive AG
Other in-depth analysis provided in the report includes:
Current and future market trends to justify the forthcoming attractive markets within the automotive hub motors industry
Comparative analysis for different segments for the years 2019 & 2028
Market fuelers, market impediments, and their impact on the market growth
In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
Trailing 2-Year market size data (2018 – 2019)
SRC (Segment-Region-Country) Analysis
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automotive Hub Motors
2.2 Global Automotive Hub Motors Market, By Type
2.3 Global Automotive Hub Motors Market, By Application
2.4 Global Automotive Hub Motors Market, By Geography
Chapter 3 Market Dynamics
3.1.1 Global Automotive Hub Motors Market Revenue and Growth, 2018 – 2028, (US$ Mn) (%)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Automotive Hub Motors Market Analysis, by Type
4.2 Direct Drive (Gearless) Hub Motor
4.3 Geared Hub Motor
Chapter 5 Global Automotive Hub Motors Market Analysis, By Application
5.3 Electric Cars
5.4 Commercial Vehicles
Chapter 6 North America Automotive Hub Motors Market Analysis
Chapter 7 Europe Automotive Hub Motors Market Analysis
Chapter 8 Asia Pacific Automotive Hub Motors Market Analysis
Chapter 9 Rest of the World (RoW) Automotive Hub Motors Market Analysis
Chapter 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/s4iuux
View source version on businesswire.com: https://www.businesswire.com/news/home/20210107005638/en/
Laura Wood, Senior Press Manager
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