Report overview
The automotive hub motor (also called wheel hub motor or hub motor) is an electric motor that is incorporated into a wheel and drives it directly without the need for a transmission or any other power-transferring components.
This report aims to provide a comprehensive presentation of the global market for Automotive Hub Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Hub Motor. This report contains market size and forecasts of Automotive Hub Motor in global, including the following market information:
Global Automotive Hub Motor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Hub Motor Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Automotive Hub Motor companies in 2022 (%)
The global Automotive Hub Motor market was valued at US$ 11 million in 2022 and is projected to reach US$ 19 million by 2029, at a CAGR of 7.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Hub Motor key players include Protean Electric, ELAPHE, SIM-Drive, Toyota, TM4, etc. Global top five manufacturers hold a share about 60%.
Europe is the largest market, with a share about 30%, followed by America and Japan, both have a share about 50 percent.
In terms of product, External-rotor Motor is the largest segment, with a share over 60%. And in terms of application, the largest application is Hybrid Electric Vehicles, followed by Pure Electric Vehicles.
We surveyed the Automotive Hub Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Hub Motor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Automotive Hub Motor Market Segment Percentages, by Type, 2022 (%)
Inner-rotor Motor
External-rotor Motor
Global Automotive Hub Motor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Automotive Hub Motor Market Segment Percentages, by Application, 2022 (%)
Pure Electric Vehicles
Fuel Cell Vehicles
Hybrid Electric Vehicles
Global Automotive Hub Motor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Automotive Hub Motor Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Hub Motor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Hub Motor revenues share in global market, 2022 (%)
Key companies Automotive Hub Motor sales in global market, 2018-2023 (Estimated), (Units)
Key companies Automotive Hub Motor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Protean Electric
ELAPHE
SIM-Drive
Toyota
TM4
Micro-Motor AG
Schaeffler
PMW
MICHELIN
Evans Electric
TECO
AMK
ShanghaiEdrive
XEMC LIGHT
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Hub Motor, market overview.
Chapter 2: Global Automotive Hub Motor market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Hub Motor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Hub Motor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Hub Motor capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
