Hub motor - Global Market Outlook (2017-2026)

Hub motor - Global Market Outlook (2017-2026)

  • Published: December 2018
  • ID: SMRC17835

According to Stratistics MRC, the Global Hub Motor Market is accounted for $7.45 billion in 2017 and is expected to reach $14.28 billion by 2026 growing at a CAGR of 7.5% during the forecast period. Some of the key factors driving the market growth include increasing sales of electric two wheelers globally, increased driving range and government purchase incentives for electric two wheelers. However, factors such as lack of awareness of general population related to motorcycle hub motors is restraining the market growth.

The Hub Motor is normally used in an electric motorcycle to offer traction by converting stored electric energy to motion power. Hub Motor are integrating into the wheel-hub to provide traction, it has mostly two type of possibilities or arrangements of fitting in an electric which is straight connection and wheel hub with an extra gearbox. During Direct connection low-speed with elevated torque can be attained though incorporation of wheel hub with an additional gearbox facilitates speed and torque accordingly to user requirement. This hub motor helps in dropping the fuel consumption and also reduces maintenance costs of the motorcycle and that extend the motorcycle life. The hub motor arrangement is a major step towards vehicular emission control. Furthermore, the sizes, elasticity, power efficient and lightweight are the advantages of the traction through hub motor.

Based on Sales Channel, OEM segment held considerable market share during the forecast period owing to the hub motor being in the advance phase. In addition, greater life span and usages of this equipment is anticipated to drive the OEM segment growth. Additionally, major expansion of the automotive production and increasing export of Electric Vehicles from the Japan, Korea and China are projected to grow the OEM segment for the market. By Geography, Asia Pacific is estimated to have prominent growth in the global market due to rush in adoption of electric buses in emerging economies of this region. In addition, rising imports and exports of electric vehicles due to rise in pollution and to find alternative to gasoline vehicles that emit huge pollutants in the atmosphere is another factor responsible for the growth of this market in this region.

Some of the key players in the market are Schaeffler, Elaphe Ltd, Michelin Group, Jiashan Neopower International Trade, QS Motor, Go Swissdrive, MAC Motor, TDCM Corporation, NTN Corporation, Tajima EV, Robert Bosch, Leaf Motor, Enertrac Corporation, Fuji-Ta, Merida, Heinzmann, Zero Motorcycles, Luna Cycle, Tainjin Golden Wheel, Accell Group, Pon Bike Group and Victory Motorcycles.

Motors Covered:
• Gearless Hub Motor
• Geared Hub Motor

Power Outputs Covered:
• Above 3000 W
• 1000–3000 W
• Below 1000 W

Installations Covered:
• Rear Hub Motor
• Front Hub Motor
• All Drive

Sales Channels Covered:
• Original Equipment Manufacturer
• Aftermarket

Method of Cooling’s covered:
• Air Cooled
• Water Cooled

Torques Covered:
• More than 700 Nm
• Less than 700 Nm

Electric Vehicle Types Covered:
• Hybrid Electric Vehicle (HEV)
• Plug in Hybrid Vehicle (PHEV)
• Battery Vehicle (BEV)

Brakings Covered:
• Conventional Braking
• Regenerative Braking

Vehicle Types Covered:
• Passenger Vehicle
• Commercial Vehicle
• Two-wheelers

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary   
    
2 Preface    
 2.1 Abstract  
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology  
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions 
    
3 Market Trend Analysis   
 3.1 Introduction  
 3.2 Drivers  
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats  
 3.6 Emerging Markets  
 3.7 Futuristic Market Scenario  
    
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes  
 4.4 Threat of new entrants  
 4.5 Competitive rivalry  
    
5 Global Hub Motor Market, By Motor   
 5.1 Introduction  
 5.2 Gearless Hub Motor  
 5.3 Geared Hub Motor  
    
6 Global Hub Motor Market, By Power Output   
 6.1 Introduction  
 6.2 Above 3000 W  
 6.3 1000–3000 W  
 6.4 Below 1000 W  
    
7 Global Hub Motor Market, By Installation   
 7.1 Introduction  
 7.2 Rear Hub Motor  
 7.3 Front Hub Motor  
 7.4 All Drive  
    
8 Global Hub Motor Market, By Sales Channel    
 8.1 Introduction  
 8.2 Original Equipment Manufacturer  
 8.3 Aftermarket   
    
9 Global Hub Motor Market, By Method of Cooling   
 9.1 Introduction  
 9.2 Air Cooled  
 9.3 Water Cooled  
    
10 Global Hub Motor Market, By Torque   
 10.1 Introduction  
 10.2 More than 700 Nm  
 10.3 Less than 700 Nm  
    
11 Global Hub Motor Market, By Electric Vehicle Type   
 11.1 Introduction  
 11.2 Hybrid Electric Vehicle (HEV)  
 11.3 Plug-in Hybrid Vehicle (PHEV)  
 11.4 Battery Electric Vehicle (BEV)  
    
12 Global Hub Motor Market, By Braking   
 12.1 Introduction  
 12.2 Conventional Braking  
 12.3 Regenerative Braking  
    
13 Global Hub Motor Market, By Vehicle Type   
 13.1 Introduction  
 13.2 Passenger Vehicle  
 13.3 Commercial Vehicle  
 13.4 Two-wheelers  
    
14 Global Hub Motor Market, By Geography   
 14.1 Introduction  
 14.2 North America  
  14.2.1 US 
  14.2.2 Canada 
  14.2.3 Mexico 
 14.3 Europe  
  14.3.1 Germany 
  14.3.2 UK 
  14.3.3 Italy 
  14.3.4 France 
  14.3.5 Spain 
  14.3.6 Rest of Europe 
 14.4 Asia Pacific  
  14.4.1 Japan 
  14.4.2 China 
  14.4.3 India 
  14.4.4 Australia 
  14.4.5 New Zealand 
  14.4.6 South Korea 
  14.4.7 Rest of Asia Pacific 
 14.5 South America  
  14.5.1 Argentina 
  14.5.2 Brazil 
  14.5.3 Chile 
  14.5.4 Rest of South America 
 14.6 Middle East & Africa  
  14.6.1 Saudi Arabia 
  14.6.2 UAE 
  14.6.3 Qatar 
  14.6.4 South Africa 
  14.6.5 Rest of Middle East & Africa 
    
15 Key Developments   
 15.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 15.2 Acquisitions & Mergers  
 15.3 New Product Launch  
 15.4 Expansions  
 15.5 Other Key Strategies  
    
16 Company Profiling   
 16.1 Schaeffler  
 16.2 Elaphe Ltd  
 16.3 Michelin Group  
 16.4 Jiashan Neopower International Trade  
 16.5 QS Motor  
 16.6 Go Swissdrive  
 16.7 MAC Motor  
 16.8 TDCM Corporation  
 16.9 NTN Corporation  
 16.10 Tajima EV  
 16.11 Robert Bosch  
 16.12 Leaf Motor  
 16.13 Enertrac Corporation  
 16.14 Fuji-Ta  
 16.15 Merida  
 16.16 Heinzmann  
 16.17 Zero Motorcycles  
 16.18 Luna Cycle  
 16.19 Tainjin Golden Wheel  
 16.20 Accell Group  
 16.21 Pon Bike Group  
 16.22 Victory Motorcycles   


List of Tables    
1 Global Hub Motor Market Outlook, By Region (2016-2026) ($MN)   
2 Global Hub Motor Market Outlook, By Motor (2016-2026) ($MN)   
3 Global Hub Motor Market Outlook, By Gearless Hub Motor (2016-2026) ($MN)   
4 Global Hub Motor Market Outlook, By Geared Hub Motor (2016-2026) ($MN)   
5 Global Hub Motor Market Outlook, By Power Output (2016-2026) ($MN)   
6 Global Hub Motor Market Outlook, By Above 3000 W (2016-2026) ($MN)   
7 Global Hub Motor Market Outlook, By 1000–3000 W (2016-2026) ($MN)   
7 Global Hub Motor Market Outlook, By Below 1000 W (2016-2026) ($MN)   
8 Global Hub Motor Market Outlook, By Installation (2016-2026) ($MN)   
10 Global Hub Motor Market Outlook, By Rear Hub Motor (2016-2026) ($MN)   
11 Global Hub Motor Market Outlook, By Front Hub Motor (2016-2026) ($MN)   
12 Global Hub Motor Market Outlook, By All Drive (2016-2026) ($MN)   
13 Global Hub Motor Market Outlook, By Sales Channel  (2016-2026) ($MN)   
14 Global Hub Motor Market Outlook, By Original Equipment Manufacturer (2016-2026) ($MN)   
15 Global Hub Motor Market Outlook, By Aftermarket  (2016-2026) ($MN)   
16 Global Hub Motor Market Outlook, By Method of Cooling (2016-2026) ($MN)   
17 Global Hub Motor Market Outlook, By Air Cooled (2016-2026) ($MN)   
17 Global Hub Motor Market Outlook, By Water Cooled (2016-2026) ($MN)   
18 Global Hub Motor Market Outlook, By Torque (2016-2026) ($MN)   
20 Global Hub Motor Market Outlook, By More than 700 Nm (2016-2026) ($MN)   
21 Global Hub Motor Market Outlook, By Less than 700 Nm (2016-2026) ($MN)   
22 Global Hub Motor Market Outlook, By Electric Vehicle Type (2016-2026) ($MN)   
23 Global Hub Motor Market Outlook, By Hybrid Electric Vehicle (HEV) (2016-2026) ($MN)   
24 Global Hub Motor Market Outlook, By Plug-in Hybrid Vehicle (PHEV) (2016-2026) ($MN)   
25 Global Hub Motor Market Outlook, By Battery Electric Vehicle (BEV) (2016-2026) ($MN)   
26 Global Hub Motor Market Outlook, By Braking (2016-2026) ($MN)   
27 Global Hub Motor Market Outlook, By Conventional Braking (2016-2026) ($MN)   
27 Global Hub Motor Market Outlook, By Regenerative Braking (2016-2026) ($MN)   
28 Global Hub Motor Market Outlook, By Vehicle Type (2016-2026) ($MN)   
30 Global Hub Motor Market Outlook, By Passenger Vehicle (2016-2026) ($MN)   
31 Global Hub Motor Market Outlook, By Commercial Vehicle (2016-2026) ($MN)   
32 Global Hub Motor Market Outlook, By Two-wheelers (2016-2026) ($MN)   
    
NOTE: Tables for North America, Europe, Asia Pacific, South America, and Middle East & Africa are represented in the same manner above.    

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