세계의 허브 모터 시장 - 규모, 점유율, 성장 분석 : 제품 유형별, 모터 유형별, 차량 유형별, 판매 채널별, 출력별, 지역별 산업 예측(2024-2031년)

Global Hub Motor Market size was valued at USD 12.26 billion in 2022 and is poised to grow from USD 12.91 billion in 2023 to USD 19.51 billion by 2031, growing at a CAGR of 5.3% during the forecast period (2024-2031).

Hub motors are specialized motor-generator units integrated into vehicle wheels, enhancing efficiency and performance in electric vehicles. They are strategically placed alongside drive wheels, acting as in-wheel motors that deliver immediate power transmission through a compact drive shaft, ensuring precise control and responsiveness. This configuration includes essential components like a battery pack and generator, which convert stored electric energy into rotational motion without the use of gears, resulting in smoother power distribution and increased durability. Additionally, the independent torque control offered by hub motors enhances vehicle maneuverability and stability. The market for hub motors has surged, driven by the rising adoption of electric vehicles, particularly in the two-wheeler segment, and is expected to grow further, supporting a transition towards sustainable transportation.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hub Motor market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Hub Motor Market Segmental Analysis

Global Hub Motor Market is segmented by product type, motor type, vehicle type, sales channel, power output and region. Based on product type, the market is segmented into geared hub motor and gearless hub motor. Based on motor type, the market is segmented into brushless DC motor (BLDC) and brushed DC motor. Based on vehicle type, the market is segmented into electric bikes, electric scooters, electric motorcycles, electric cars and commercial vehicles. Based on sales channel, the market is segmented into OEM (original equipment manufacturer) and aftermarket. Based on power output, the market is segmented into below 1 kW, 1 kW - 3 kW and above 3 kW. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Hub Motor Market

The hub motor market is significantly driven by the expanding electric vehicle (EV) sector, which includes electric bikes, scooters, and cars. As the popularity and demand for EVs continue to surge, the need for efficient and compact drive systems like hub motors also increases. Hub motors are favored in electric vehicles for their sleek design, ability to deliver power effectively, and their regenerative braking features, which enhance energy efficiency. This growing trend toward sustainable transportation solutions not only bolsters the hub motor market but also aligns with global efforts to reduce carbon emissions and promote eco-friendly alternatives.

Restraints in the Global Hub Motor Market

The global hub motor market faces certain challenges that impede its expansion, particularly due to the high costs involved. Although hub motors provide distinct advantages over traditional motors, their pricing can be significantly higher, particularly for models requiring greater power and performance. The elevated manufacturing and material expenses linked to hub motors pose a barrier to their widespread acceptance, particularly in markets where cost sensitivity is prevalent. This financial constraint limits their adoption and integration, making it difficult for manufacturers and consumers in budget-conscious segments to embrace this innovative technology, thereby hindering the overall growth of the hub motor market.

Market Trends of the Global Hub Motor Market

The Global Hub Motor market is witnessing a significant upward trend, primarily fueled by the increased adoption of electric vehicles (EVs) and e-bikes as part of a broader move towards sustainability and reduced carbon footprints. Hub motors are gaining traction due to their clean, efficient propulsion systems, offering optimal solutions for electric bicycles, scooters, and select electric cars. This growing demand aligns with consumer preferences shifting towards eco-friendly transportation modes. As governments and industries continue to promote green initiatives, the hub motor market is expected to expand, supported by innovations in technology and increased production capacities to meet the rising needs of electric mobility.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2023
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Patent Analysis
• Case Studies
• Raw Material Analysis

Global Hub Motor Market Size by Product Type & CAGR (2024-2031)

• Market Overview
• Geared Hub Motor
• Gearless Hub Motor

Global Hub Motor Market Size by Motor Type & CAGR (2024-2031)

• Market Overview
• Brushless DC Motor (BLDC)
• Brushed DC Motor

Global Hub Motor Market Size by Vehicle Type & CAGR (2024-2031)

• Market Overview
• Electric Bikes
• Electric Scooters
• Electric Motorcycles
• Electric Cars
• Commercial Vehicles

Global Hub Motor Market Size by Sales Channel & CAGR (2024-2031)

• Market Overview
• OEM (Original Equipment Manufacturer)
• Aftermarket

Global Hub Motor Market Size by Power Output & CAGR (2024-2031)

• Market Overview
• Below 1 kW
• 1 kW - 3 kW
• Above 3 kW

Global Hub Motor Market Size & CAGR (2024-2031)

• North America (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • US
  • Canada
• Europe (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2023
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2023
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• QSMotor (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Elaphe Propulsion Technologies Ltd. (Slovenia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schaeffler Technologies AG & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Michelin Group (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ZF Friedrichshafen AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yamaha Motor Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Robert Bosch GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Allied Motion Technologies Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HEINZMANN GmbH & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Protean Electric (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GO SwissDrive AG (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TDCM Corporation Limited (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bafang Electric (Suzhou) Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nidec Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Panasonic Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Brose Fahrzeugteile GmbH & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Magna International Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Continental AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations