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.
Automobile wheel hub motor mainly apply to new energy vehicles. Currently the world's major car companies are actively developing and marketing electric vehicles. If some companies are able to develop a mature product the market demand will be very great.
Industry policy for the development of automobile wheel hub motor is very supportive. Major manufacturers and car manufacturers are also actively cooperate to promote the developing of automobile wheel hub motor.
We tend to believe this industry is very promising and the consumption will greatly increase if there is a breakthrough in technology on product prices, with the demand increase greatly, the price of single product will reduce and the cost also will greatly reduce. Currently the market still have huge development space, there is a great chance for new entrants.
According to this study, over the next five years the Automotive Hub Motor market will register a 7.9% CAGR in terms of revenue, the global market size will reach US$ 13 million by 2024, from US$ 9 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Hub Motor business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Hub Motor market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive Hub Motor value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Inner-rotor Motor
External-rotor Motor
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pure Electric Vehicles
Fuel Cell Vehicles
Hybrid Electric Vehicles
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Protean Electric
ELAPHE
SIM-Drive
Toyota
TM4
Micro-Motor AG
Schaeffler
PMW
MICHELIN
Evans Electric
TECO
AMK
ShanghaiEdrive
XEMC LIGHT
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive Hub Motor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Hub Motor market by identifying its various subsegments.
Focuses on the key global Automotive Hub Motor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Hub Motor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Hub Motor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Automotive Hub Motor . Industry analysis & Market Report on Automotive Hub Motor is a syndicated market report, published as Global Automotive Hub Motor Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Automotive Hub Motor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.