Global Electric Vehicle (EV) Hub Motor Market Size Study & Forecast, By Vehicle Type (E-bike and E-2 wheeler), By Power Output (Below 1000W, 1001-3000W, and Above 3000W), By Component (Stator, Rotor, Bearing & Shaft, Magnet, and Others (wiring, casing), By Position Type (Rear Hub motor and Front Hub Motor), and Regional Analysis, 2023-2030
Global Electric Vehicle (EV) Hub Motor Market is valued at approximately USD 23.09 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 13.7% over the forecast period 2023-2030. An electric vehicle (EV) hub motor is an integrated propulsion system directly embedded within the wheel hub of an electric vehicle. Unlike traditional vehicles, this design eliminates the need for separate drivetrain components, improving efficiency, handling, and space utilization within the vehicle. Hub motors are known for their decentralized layout, efficient energy conversion, regenerative braking capabilities, and precise torque control, contributing to enhanced range, performance, and sustainability in electric vehicles. The electric vehicle hub motor market focuses on the manufacturing, sales, and distribution of specialized hub motors directly mounted into wheel hubs, forming a compact and decentralized propulsion system. This market encompasses components and services related to these motors, including production, technological advancements, and integration into various electric mobility solutions like e-bikes, electric mopeds, and electric motorcycles. The increasing popularity of electric two-wheelers, rising environmental awareness, intensifying fuel prices, and growing emphasis on sustainable transportation are the key factors that are propelling the market demand across the globe. As per Statista, the global e-bikes market is estimated to reach approximately 36.5 million units in 2022 and is anticipated to reach nearly 77.3 million e-bikes worldwide by 2030.
Additionally, the market is expanding as a result of favorable government regulations, incentives, and subsidies that boost electric vehicles and lower carbon emissions. These regulations incentivize producers and end users to allocate funds towards electric mobility solutions, such as hub-powered automobiles. For instance, in March 2023, Indonesia unveiled new incentives aimed at bolstering the sales of electric two-wheelers, cars, and buses. These incentives seek to strengthen domestic capabilities in electric vehicle (EV) and battery manufacturing by emphasizing local component requirements. The government's ambitious plan includes subsidizing the sale of 200,000 electric two-wheelers in 2023, targeting a sales share of 4% respectively. The newly introduced subsidies have the potential to reduce the price of electric two-wheelers by 25-50%, enhancing competitiveness against Internal Combustion Engine (ICE) equivalents. Moreover, the rise in technological innovations for enhanced performance, as well as the growing trend of micro-mobility presents various lucrative opportunities over the forecasting years. However, the high initial cost of hub motors and the complexities associated with thermal management are hindering the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Electric Vehicle (EV) Hub Motor Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rising environmental concerns, supported by favorable government policies, along with the increasing popularity of electric two-wheelers and e-bikes in countries like India, Japan, and South Korea. Whereas Europe is expected to grow at a significant CAGR over the forecast years. Manufacturers are making significant investments in electric bicycle production, leading to a higher demand for components like motors and drive units. These advancements are driving market growth in Europe.
Major market players included in this report are:
Robert Bosch GmbH (Germany)
QS Motors (China)
Kolektor (Slovenia)
Printed Motor Works (U.K.)
NSK Ltd. (Japan)
NTN Corporation (Japan)
GEM Motors (Slovenia)
Magnetic Systems Technology (U.K.)
e-Traction B.V. (Netherlands)
Hyundai Mobis (South Korea)
Recent Developments in the Market:
The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle Type:
E-bike
E-2 wheeler
By Power Output:
Below 1000W
1001-3000W
Above 3000W
By Component:
Stator
Rotor, Bearing & Shaft
Magnet
Others
By Position Type:
Rear Hub Motor
Front Hub Motor
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Additionally, the market is expanding as a result of favorable government regulations, incentives, and subsidies that boost electric vehicles and lower carbon emissions. These regulations incentivize producers and end users to allocate funds towards electric mobility solutions, such as hub-powered automobiles. For instance, in March 2023, Indonesia unveiled new incentives aimed at bolstering the sales of electric two-wheelers, cars, and buses. These incentives seek to strengthen domestic capabilities in electric vehicle (EV) and battery manufacturing by emphasizing local component requirements. The government's ambitious plan includes subsidizing the sale of 200,000 electric two-wheelers in 2023, targeting a sales share of 4% respectively. The newly introduced subsidies have the potential to reduce the price of electric two-wheelers by 25-50%, enhancing competitiveness against Internal Combustion Engine (ICE) equivalents. Moreover, the rise in technological innovations for enhanced performance, as well as the growing trend of micro-mobility presents various lucrative opportunities over the forecasting years. However, the high initial cost of hub motors and the complexities associated with thermal management are hindering the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Electric Vehicle (EV) Hub Motor Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the rising environmental concerns, supported by favorable government policies, along with the increasing popularity of electric two-wheelers and e-bikes in countries like India, Japan, and South Korea. Whereas Europe is expected to grow at a significant CAGR over the forecast years. Manufacturers are making significant investments in electric bicycle production, leading to a higher demand for components like motors and drive units. These advancements are driving market growth in Europe.
Major market players included in this report are:
Robert Bosch GmbH (Germany)
QS Motors (China)
Kolektor (Slovenia)
Printed Motor Works (U.K.)
NSK Ltd. (Japan)
NTN Corporation (Japan)
GEM Motors (Slovenia)
Magnetic Systems Technology (U.K.)
e-Traction B.V. (Netherlands)
Hyundai Mobis (South Korea)
Recent Developments in the Market:
- In October 2023, Bosch unveiled plans to launch an advanced electric wheel hub motor, aiming to support vehicle manufacturers in reducing emissions. The new motor, coupled with the Bosch Drive Control Unit, integrates key functionalities like smoother starting and cruise control, enhancing overall driving comfort and efficiency.
- In October 2021, Yamaha Motor Co., Ltd. entered into a joint venture with Hero Motors Limited to manufacture Hub-mounted drive units for electrically power-assisted bicycles (e-Bikes). The joint venture, in which Yamaha Motor holds a 10% stake and Hero Motors holds the remaining 90%, was set to be established by the end of November 2021.
- Historical Data – 2020 - 2021
- Base Year for Estimation – 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Vehicle Type, Power Output, Component, Position Type, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*
The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Vehicle Type:
E-bike
E-2 wheeler
By Power Output:
Below 1000W
1001-3000W
Above 3000W
By Component:
Stator
Rotor, Bearing & Shaft
Magnet
Others
By Position Type:
Rear Hub Motor
Front Hub Motor
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Electric Vehicle (EV) Hub Motor Market, by Region, 2020-2030 (USD Billion)
1.2.2. Electric Vehicle (EV) Hub Motor Market, by Vehicle Type, 2020-2030 (USD Billion)
1.2.3. Electric Vehicle (EV) Hub Motor Market, by Power Output, 2020-2030 (USD Billion)
1.2.4. Electric Vehicle (EV) Hub Motor Market, by Component, 2020-2030 (USD Billion)
1.2.5. Electric Vehicle (EV) Hub Motor Market, by Position Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET DYNAMICS
3.1. Electric Vehicle (EV) Hub Motor Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing popularity of electric two-wheelers
3.1.1.2. Favourable government regulations, incentives, and subsidies for electric vehicles
3.1.2. Market Challenges
3.1.2.1. High initial cost of hub motor
3.1.2.2. Complexities associated with thermal management
3.1.3. Market Opportunities
3.1.3.1. Rise in technological innovations for enhanced performance
3.1.3.2. Growing trend of the micro-mobility
CHAPTER 4. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY VEHICLE TYPE
5.1. Market Snapshot
5.2. Global Electric Vehicle (EV) Hub Motor Market by Vehicle Type, Performance - Potential Analysis
5.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
5.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
5.4.1. E-bike
5.4.2. E-2 wheeler
CHAPTER 6. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY POWER OUTPUT
6.1. Market Snapshot
6.2. Global Electric Vehicle (EV) Hub Motor Market by Power Output, Performance - Potential Analysis
6.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Power Output 2020-2030 (USD Billion)
6.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
6.4.1. Below 1000W
6.4.2. 1001-3000W
6.4.3. Above 3000W
CHAPTER 7. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY COMPONENT
7.1. Market Snapshot
7.2. Global Electric Vehicle (EV) Hub Motor Market by Component, Performance - Potential Analysis
7.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
7.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
7.4.1. Stator
7.4.2. Rotor, Bearing & Shaft
7.4.3. Magnet
7.4.4. Others
CHAPTER 8. ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY POSITION TYPE
8.1. Market Snapshot
8.2. Global Electric Vehicle (EV) Hub Motor Market by Position Type, Performance - Potential Analysis
8.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Position Type 2020-2030 (USD Billion)
8.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
8.4.1. Rear Hub motor
8.4.2. Front Hub motor
CHAPTER 9. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, REGIONAL ANALYSIS
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Electric Vehicle (EV) Hub Motor Market, Regional Market Snapshot
9.4. North America Electric Vehicle (EV) Hub Motor Market
9.4.1. U.S. Electric Vehicle (EV) Hub Motor Market
9.4.1.1. Vehicle Type breakdown estimates & forecasts, 2020-2030
9.4.1.2. Power Output breakdown estimates & forecasts, 2020-2030
9.4.1.3. Component breakdown estimates & forecasts, 2020-2030
9.4.1.4. Position Type breakdown estimates & forecasts, 2020-2030
9.4.2. Canada Electric Vehicle (EV) Hub Motor Market
9.5. Europe Electric Vehicle (EV) Hub Motor Market Snapshot
9.5.1. U.K. Electric Vehicle (EV) Hub Motor Market
9.5.2. Germany Electric Vehicle (EV) Hub Motor Market
9.5.3. France Electric Vehicle (EV) Hub Motor Market
9.5.4. Spain Electric Vehicle (EV) Hub Motor Market
9.5.5. Italy Electric Vehicle (EV) Hub Motor Market
9.5.6. Rest of Europe Electric Vehicle (EV) Hub Motor Market
9.6. Asia-Pacific Electric Vehicle (EV) Hub Motor Market Snapshot
9.6.1. China Electric Vehicle (EV) Hub Motor Market
9.6.2. India Electric Vehicle (EV) Hub Motor Market
9.6.3. Japan Electric Vehicle (EV) Hub Motor Market
9.6.4. Australia Electric Vehicle (EV) Hub Motor Market
9.6.5. South Korea Electric Vehicle (EV) Hub Motor Market
9.6.6. Rest of Asia Pacific Electric Vehicle (EV) Hub Motor Market
9.7. Latin America Electric Vehicle (EV) Hub Motor Market Snapshot
9.7.1. Brazil Electric Vehicle (EV) Hub Motor Market
9.7.2. Mexico Electric Vehicle (EV) Hub Motor Market
9.8. Middle East & Africa Electric Vehicle (EV) Hub Motor Market
9.8.1. Saudi Arabia Electric Vehicle (EV) Hub Motor Market
9.8.2. South Africa Electric Vehicle (EV) Hub Motor Market
9.8.3. Rest of Middle East & Africa Electric Vehicle (EV) Hub Motor Market
CHAPTER 10. COMPETITIVE INTELLIGENCE
10.1. Key Company SWOT Analysis
10.1.1. Company
10.1.2. Company
10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Robert Bosch GmbH (Germany)
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Recent Developments
10.3.2. QS Motors (China)
10.3.3. Kolektor (Slovenia)
10.3.4. Printed Motor Works (U.K.)
10.3.5. NSK Ltd. (Japan)
10.3.6. NTN Corporation (Japan)
10.3.7. GEM Motors (Slovenia)
10.3.8. Magnetic Systems Technology (U.K.)
10.3.9. e-Traction B.V. (Netherlands)
10.3.10. Hyundai Mobis (South Korea)
CHAPTER 11. RESEARCH PROCESS
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
12 .LIST OF TABLES
TABLE 1. Global Electric Vehicle (EV) Hub Motor Market, report scope
TABLE 2. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 4. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Power Output 2020-2030 (USD Billion)
TABLE 5. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 6. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Position Type 2020-2030 (USD Billion)
TABLE 7. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Electric Vehicle (EV) Hub Motor Market
TABLE 72. List of primary sources, used in the study of global Electric Vehicle (EV) Hub Motor Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Electric Vehicle (EV) Hub Motor Market, by Region, 2020-2030 (USD Billion)
1.2.2. Electric Vehicle (EV) Hub Motor Market, by Vehicle Type, 2020-2030 (USD Billion)
1.2.3. Electric Vehicle (EV) Hub Motor Market, by Power Output, 2020-2030 (USD Billion)
1.2.4. Electric Vehicle (EV) Hub Motor Market, by Component, 2020-2030 (USD Billion)
1.2.5. Electric Vehicle (EV) Hub Motor Market, by Position Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET DYNAMICS
3.1. Electric Vehicle (EV) Hub Motor Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing popularity of electric two-wheelers
3.1.1.2. Favourable government regulations, incentives, and subsidies for electric vehicles
3.1.2. Market Challenges
3.1.2.1. High initial cost of hub motor
3.1.2.2. Complexities associated with thermal management
3.1.3. Market Opportunities
3.1.3.1. Rise in technological innovations for enhanced performance
3.1.3.2. Growing trend of the micro-mobility
CHAPTER 4. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY VEHICLE TYPE
5.1. Market Snapshot
5.2. Global Electric Vehicle (EV) Hub Motor Market by Vehicle Type, Performance - Potential Analysis
5.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
5.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
5.4.1. E-bike
5.4.2. E-2 wheeler
CHAPTER 6. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY POWER OUTPUT
6.1. Market Snapshot
6.2. Global Electric Vehicle (EV) Hub Motor Market by Power Output, Performance - Potential Analysis
6.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Power Output 2020-2030 (USD Billion)
6.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
6.4.1. Below 1000W
6.4.2. 1001-3000W
6.4.3. Above 3000W
CHAPTER 7. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY COMPONENT
7.1. Market Snapshot
7.2. Global Electric Vehicle (EV) Hub Motor Market by Component, Performance - Potential Analysis
7.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
7.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
7.4.1. Stator
7.4.2. Rotor, Bearing & Shaft
7.4.3. Magnet
7.4.4. Others
CHAPTER 8. ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, BY POSITION TYPE
8.1. Market Snapshot
8.2. Global Electric Vehicle (EV) Hub Motor Market by Position Type, Performance - Potential Analysis
8.3. Global Electric Vehicle (EV) Hub Motor Market Estimates & Forecasts by Position Type 2020-2030 (USD Billion)
8.4. Electric Vehicle (EV) Hub Motor Market, Sub Segment Analysis
8.4.1. Rear Hub motor
8.4.2. Front Hub motor
CHAPTER 9. GLOBAL ELECTRIC VEHICLE (EV) HUB MOTOR MARKET, REGIONAL ANALYSIS
9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Electric Vehicle (EV) Hub Motor Market, Regional Market Snapshot
9.4. North America Electric Vehicle (EV) Hub Motor Market
9.4.1. U.S. Electric Vehicle (EV) Hub Motor Market
9.4.1.1. Vehicle Type breakdown estimates & forecasts, 2020-2030
9.4.1.2. Power Output breakdown estimates & forecasts, 2020-2030
9.4.1.3. Component breakdown estimates & forecasts, 2020-2030
9.4.1.4. Position Type breakdown estimates & forecasts, 2020-2030
9.4.2. Canada Electric Vehicle (EV) Hub Motor Market
9.5. Europe Electric Vehicle (EV) Hub Motor Market Snapshot
9.5.1. U.K. Electric Vehicle (EV) Hub Motor Market
9.5.2. Germany Electric Vehicle (EV) Hub Motor Market
9.5.3. France Electric Vehicle (EV) Hub Motor Market
9.5.4. Spain Electric Vehicle (EV) Hub Motor Market
9.5.5. Italy Electric Vehicle (EV) Hub Motor Market
9.5.6. Rest of Europe Electric Vehicle (EV) Hub Motor Market
9.6. Asia-Pacific Electric Vehicle (EV) Hub Motor Market Snapshot
9.6.1. China Electric Vehicle (EV) Hub Motor Market
9.6.2. India Electric Vehicle (EV) Hub Motor Market
9.6.3. Japan Electric Vehicle (EV) Hub Motor Market
9.6.4. Australia Electric Vehicle (EV) Hub Motor Market
9.6.5. South Korea Electric Vehicle (EV) Hub Motor Market
9.6.6. Rest of Asia Pacific Electric Vehicle (EV) Hub Motor Market
9.7. Latin America Electric Vehicle (EV) Hub Motor Market Snapshot
9.7.1. Brazil Electric Vehicle (EV) Hub Motor Market
9.7.2. Mexico Electric Vehicle (EV) Hub Motor Market
9.8. Middle East & Africa Electric Vehicle (EV) Hub Motor Market
9.8.1. Saudi Arabia Electric Vehicle (EV) Hub Motor Market
9.8.2. South Africa Electric Vehicle (EV) Hub Motor Market
9.8.3. Rest of Middle East & Africa Electric Vehicle (EV) Hub Motor Market
CHAPTER 10. COMPETITIVE INTELLIGENCE
10.1. Key Company SWOT Analysis
10.1.1. Company
10.1.2. Company
10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. Robert Bosch GmbH (Germany)
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Recent Developments
10.3.2. QS Motors (China)
10.3.3. Kolektor (Slovenia)
10.3.4. Printed Motor Works (U.K.)
10.3.5. NSK Ltd. (Japan)
10.3.6. NTN Corporation (Japan)
10.3.7. GEM Motors (Slovenia)
10.3.8. Magnetic Systems Technology (U.K.)
10.3.9. e-Traction B.V. (Netherlands)
10.3.10. Hyundai Mobis (South Korea)
CHAPTER 11. RESEARCH PROCESS
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
12 .LIST OF TABLES
TABLE 1. Global Electric Vehicle (EV) Hub Motor Market, report scope
TABLE 2. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 4. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Power Output 2020-2030 (USD Billion)
TABLE 5. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 6. Global Electric Vehicle (EV) Hub Motor Market estimates & forecasts by Position Type 2020-2030 (USD Billion)
TABLE 7. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Electric Vehicle (EV) Hub Motor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Electric Vehicle (EV) Hub Motor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Electric Vehicle (EV) Hub Motor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Electric Vehicle (EV) Hub Motor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Electric Vehicle (EV) Hub Motor Market
TABLE 72. List of primary sources, used in the study of global Electric Vehicle (EV) Hub Motor Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
FIG 1. Global Electric Vehicle (EV) Hub Motor Market, research methodology
FIG 2. Global Electric Vehicle (EV) Hub Motor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Vehicle (EV) Hub Motor Market, key trends 2022
FIG 5. Global Electric Vehicle (EV) Hub Motor Market, growth prospects 2023-2030
FIG 6. Global Electric Vehicle (EV) Hub Motor Market, porters 5 force model
FIG 7. Global Electric Vehicle (EV) Hub Motor Market, pest analysis
FIG 8. Global Electric Vehicle (EV) Hub Motor Market, value chain analysis
FIG 9. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Electric Vehicle (EV) Hub Motor Market, regional snapshot 2020 & 2030
FIG 15. North America Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 16. Europe Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
FIG 1. Global Electric Vehicle (EV) Hub Motor Market, research methodology
FIG 2. Global Electric Vehicle (EV) Hub Motor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Electric Vehicle (EV) Hub Motor Market, key trends 2022
FIG 5. Global Electric Vehicle (EV) Hub Motor Market, growth prospects 2023-2030
FIG 6. Global Electric Vehicle (EV) Hub Motor Market, porters 5 force model
FIG 7. Global Electric Vehicle (EV) Hub Motor Market, pest analysis
FIG 8. Global Electric Vehicle (EV) Hub Motor Market, value chain analysis
FIG 9. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Electric Vehicle (EV) Hub Motor Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Electric Vehicle (EV) Hub Motor Market, regional snapshot 2020 & 2030
FIG 15. North America Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 16. Europe Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 17. Asia Pacific Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Electric Vehicle (EV) Hub Motor Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
