Automotive hub motor, also called as 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 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 motor 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 wide range of vehicles. In the near future, many major automotive manufacturers have expressed their desire to venture into the electric vehicles segments considering its huge potential. Thus, the automotive hub motor market can capitalize on this growth of the 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.
The report titled “Global Automotive Hub Motors Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global automotive hub motors market along with the market size and estimates for the duration 2015 to 2025. The said research study covers 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 2016 & 2025. 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.
In order to help strategic decision makers, the report also includes competitive profiling of the leading automotive hub motor vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Heinzmann GmbH & Co. KG, Protean Electric Ltd., Elaphe Ltd., Taizhou Quanshun Motor Co., Ltd, Mitsubishi Motors, Schaeffler Technologies AG & Co. KG, TDCM Corporation Ltd., Michelin Group, Magnetic Systems Technology Ltd., SIM-Drive Corporation, GO SwissDrive AG, QS Motor Co., Ltd. and several others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global automotive hub motors market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
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 Introduction
3.1.1 Global Automotive Hub Motors Market Revenue and Growth, 2015 – 2025, (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
4.1 Overview
4.2 Direct Drive (Gearless) Hub Motor
4.3 Geared Hub Motor
Chapter 5 Global Automotive Hub Motors Market Analysis, By Application
5.1 Overview
5.2 Two-wheelers
5.3 Electric Cars
5.4 Commercial Vehicles
Chapter 6 North America Automotive Hub Motors Market Analysis
6.1 Overview
6.2 North America Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
6.2.1 Comparative Analysis
6.3 North America Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
6.3.1 Comparative Analysis
6.4 North America Automotive Hub Motors Market Analysis, By Region, 2015 – 2025
6.4.1 U.S.
6.4.1.1 U.S. Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
6.4.1.2 U.S. Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
6.4.2 Canada
6.4.2.1 Canada Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
6.4.2.2 Canada Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
Chapter 7 Europe Automotive Hub Motors Market Analysis
7.1 Overview
7.2 Europe Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
7.2.1 Comparative Analysis
7.3 Europe Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
7.3.1 Comparative Analysis
7.4 Europe Automotive Hub Motors Market Revenue, By Region, 2015 – 2025
7.4.1 U.K.
7.4.1.1 U.K. Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
7.4.1.2 U.K. Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
7.4.2 Germany
7.4.2.1 Germany Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
7.4.2.2 Germany Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
7.4.3 France
7.4.3.1 France Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
7.4.3.2 France Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
7.4.4 Rest of Europe
7.4.4.1 Rest of Europe Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
7.4.4.2 Rest of Europe Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
Chapter 8 Asia Pacific Automotive Hub Motors Market Analysis
8.1 Overview
8.2 Asia Pacific Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
8.2.1 Comparative Analysis
8.3 Asia Pacific Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
8.3.1 Comparative Analysis
8.4 Asia Pacific Automotive Hub Motors Market Revenue, By Region, 2015 – 2025
8.4.1 China
8.4.1.1 China Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
8.4.1.2 China Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
8.4.2 Japan
8.4.2.1 Japan Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
8.4.2.2 Japan Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
8.4.3 Rest of Asia Pacific
8.4.3.1 Rest of Asia Pacific Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
8.4.3.2 Rest of Asia Pacific Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
Chapter 9 Rest of the World (RoW) Automotive Hub Motors Market Analysis
9.1 Overview
9.2 RoW Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
9.2.1 Comparative Analysis
9.3 RoW Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
9.3.1 Comparative Analysis
9.4 RoW Automotive Hub Motors Market Revenue, By Region, 2015 – 2025
9.4.1 Middle East & Africa (MEA)
9.4.1.1 MEA Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
9.4.1.2 MEA Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
9.4.2 Latin America
9.4.2.1 Latin America Automotive Hub Motors Market Analysis, By Type, 2015 – 2025
9.4.2.2 Latin America Automotive Hub Motors Market Analysis, By Application, 2015 – 2025
Chapter 10 Company Profiles
10.1 Heinzmann GmbH & Co. KG
10.2 Protean Electric Ltd.
10.3 Elaphe Ltd.
10.4 Taizhou Quanshun Motor Co., Ltd.
10.5 Mitsubishi Motors Corporation
10.6 Schaeffler Technologies AG & Co. KG
10.7 TDCM Corporation Ltd.
10.8 Michelin Group
10.9 Magnetic Systems Technology Ltd.
10.10 SIM-Drive Corporation
10.11 GO SwissDrive AG
Notes :
List Of Table :
TABLE 1 Market Snapshot: Global Automotive Hub Motors
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 6 U.S. Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 7 U.S. Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 8 Canada Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 9 Canada Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 10 Europe Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 11 Europe Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 12 U.K. Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 13 U.K. Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 14 Germany Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 15 Germany Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 16 France Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 17 France Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 18 Rest of Europe Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 19 Rest of Europe Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 20 Asia Pacific Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 21 Asia Pacific Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 22 China Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 23 China Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 24 Japan Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 25 Japan Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 26 Rest of Asia Pacific Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 27 Rest of Asia Pacific Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 28 RoW Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 29 RoW Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 30 MEA Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 31 MEA Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 32 Latin America Automotive Hub Motors Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 33 Latin America Automotive Hub Motors Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 34 Heinzmann GmbH & Co. KG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 35 Protean Electric Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 36 Elaphe Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 37 Taizhou Quanshun Motor Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 38 Mitsubishi Motors Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 39 Schaeffler Technologies AG & Co. KG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 40 TDCM Corporation Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 41 Michelin Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 42 Magnetic Systems Technology Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 43 SIM-Drive Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 44 GO SwissDrive AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
List Of Figures :
FIG. 1 Global Automotive Hub Motors: Market Segmentation
FIG. 2 Global Automotive Hub Motors: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Automotive Hub Motors Market, By Type, 2016 (US$ Mn)
FIG. 5 Global Automotive Hub Motors Market, By Application, 2016 (US$ Mn)
FIG. 6 Global Automotive Hub Motors Market, By Geography, 2016 (US$ Mn)
FIG. 7 Global Automotive Hub Motors Market Revenue and Growth, 2015 – 2025, (US$ Mn) (%)
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key Automotive Hub Motors Vendors, 2016
FIG. 10 Global Automotive Hub Motors Market Revenue Contribution, By Type, 2016 & 2025 (%)
FIG. 11 Global Direct Drive (Gearless) Hub Motors Market Analysis, 2015 – 2025, (US$ Mn)
FIG. 12 Global Geared Hub Motors Market Analysis, 2015 – 2025, (US$ Mn)
FIG. 13 Global Automotive Hub Motors Market Revenue Contribution, By Application, 2016 & 2025 (%)
FIG. 14 Global Automotive Hub Motors Market Revenue from Two-wheelers, 2015 – 2025 (US$ Mn)
FIG. 15 Global Automotive Hub Motors Market Revenue from Electric Cars, 2015 – 2025 (US$ Mn)
FIG. 16 Global Automotive Hub Motors Market Revenue from Commercial Vehicles, 2015 – 2025 (US$ Mn)
FIG. 17 North America Automotive Hub Motors Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 18 Europe Automotive Hub Motors Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 19 Asia Pacific Automotive Hub Motors Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 20 RoW Automotive Hub Motors Market Revenue, 2015 – 2025, (US$ Mn)
On the basis of Application, the global automotive hub motors market is segmented into following categories:
Their contribution to the global automotive hub motors market in 2016 is as shown in the figure below:
As of 2016, the overall automotive hub motors market worldwide is led by the two-wheelers segment. The segment contributes to more than forty percent of the global market revenue, as of 2016. Electric bicycles, scooters and bikes have witnessed fairly high penetration across different countries worldwide. Countries such as China, Japan, South Korea, Germany, the Netherlands and few others have strong penetration of electric two-wheelers. With the continually rising adoption of electric two-wheelers from countries such as the U.S., India and other European countries, the segment would continue experiencing strong growth over the forecast period.
Electric cars segment is yet to pick up due to relatively less commercialization of these vehicles. Although there exist several concept cars, electric cars are yet to become popular, as compared to the two-wheelers segment. With the consistently growing efforts towards betterment of electric cars design and affordability, the segment is set to witness high growth in the following years. This would generate high demand for related components such as hub motor. Subsequently, the electric cars would register the highest growth during the forecast period.
Based on the geography, the global automotive hub motors market is segmented as per following regions and countries:
The global automotive hub motors market is led by the Asia Pacific region. As of 2016, the region contributes to more than forty percent of the overall market revenue generated worldwide. The automotive hub motors market here is primarily governed by the countries such as China, Japan and some of the Southeast Asia countries. These countries have strong penetration of electric two-wheelers, making them the most prominent markets for the related components. In addition, China is one of the largest producers of electric two-wheelers and the related components. This makes the country one of the largest markets for hub motors.
With the anticipated strong growth in electric vehicles segment, Asia Pacific is set to maintain its dominant position in the global market in the following years. Europe and North America follow Asia Pacific, in terms of revenue, in the market. The market here is primarily governed by the strong penetration of electric vehicles in the Western Europe region. Countries including Norway, Germany, the U.K., France and several others are generating strong demand for electric vehicles. As a result, the region would exhibit strong growth in the automotive hub motor market in the following years.
