Automotive Hub Motor Market

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.

Automotive Hub Motor Market 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. 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, 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.