$11 Bn Hub Motor Market by Installation, Vehicle, Motor, Sales Channel, Power Output, and Region - Global Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Hub Motor Market by Installation, Vehicle, Motor, Sales Channel, Power Output, and Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global hub motor market is estimated to grow from USD 7.92 billion in 2018 at a CAGR of 5.03% to reach USD 11.17 billion by 2025.
The market study covers the hub motor market across segments. It aims at estimating the market size and future growth potential of this market across different segments such as by installation type, vehicle type, motor type, sales channel type, power output type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Government purchase incentives for electric two wheelers, increased driving range, reliability, and improved vehicle performance are the factors responsible for the growth of the hub motor market. However, high price and increase in unsprung weight in wheels are considered to be the major restraints for the growth of the hub motor market.
The geared hub motor segment, by motor type, is the fastest and largest growing segment of the hub motor market. The geared hub motor is the most common motor type adopted for hub motors as it controls the speed of a vehicle. Geared hub motors provide high torque that helps in driving on mountains or hills. Geared hub motors have planetary gears which reduce the vehicle speed, however, they allow the motor to rotate at faster speeds. Hub motors are mainly geared for speed control and durability.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Hub Motor Market, By Vehicle Type
8 Hub Motor Market, By Installation Type
9 Hub Motor Market, By Motor Type
10 Hub Motor Market, By Power Output Type
11 Hub Motor Market, By Sales Channel
12 Hub Motor Market, By Region
13 Competitive Landscape
14 Company ProfilesAccell Group Elaphe Ltd Enertrac Corporation Fuji-Ta Geoby Giant Go Swissdrive Heinzmann Jiashan Neopower International Trade Leaf Motor Luna Cycle Mac Motor Merida Michelin Group Ntn Pon Bike Group Qs Motor Robert Bosch Schaeffler Specialized Bicycle Components Tainjin Golden Wheel Tajima Ev Tdcm Corporation Trek Uu Motor Victory Motorcycles Zero Motorcycles
For more information about this report visit https://www.researchandmarkets.com/research/nc25tt/11_bn_hub_motor?w=4
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Related Topics:Automotive Sales,Motors
INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/06/2018 10:53 AM/DISC: 11/06/2018 10:52 AM