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Download Free sampleThe 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.
Automotive Hub Motor Market contains market size and forecasts of Automotive Hub Motor in global, including the following market information:
Global Automotive Hub Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Hub Motor Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Automotive Hub Motor companies in 2021 (%)
The global Automotive Hub Motor market was valued at 11 million in 2021 and is projected to reach US$ 19 million by 2028, at a CAGR of 7.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Inner-rotor Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Hub Motor include Protean Electric, ELAPHE, SIM-Drive, Toyota, TM4, Micro-Motor AG, Schaeffler, PMW and MICHELIN, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Automotive Hub Motor Market Segment Percentages, by Type, 2021 (%)
Inner-rotor Motor
External-rotor Motor
Global Automotive Hub Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Automotive Hub Motor Market Segment Percentages, by Application, 2021 (%)
Pure Electric Vehicles
Fuel Cell Vehicles
Hybrid Electric Vehicles
Global Automotive Hub Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Automotive Hub Motor Market Segment Percentages, By Region and Country, 2021 (%)
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, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Hub Motor revenues share in global market, 2021 (%)
Key companies Automotive Hub Motor sales in global market, 2017-2022 (Estimated), (Units)
Key companies Automotive Hub Motor sales share in global market, 2021 (%)
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
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