Two Wheeler Hub Motors Market - Global Outlook and Forecast 2024-2031

Report ID: 1566558 | Published Date: Jan 2025 | No. of Page: 77 | Base Year: 2024 | Rating: 4.7 | Webstory: Check our Web story

The wheel hub motor (also called wheel motor, wheel hub drive, hub motor or in-wheel motor) is an electric motor that is incorporated into the hub of a wheel and drives it directly.
This report contains market size and forecasts of Two Wheeler Hub Motors in global, including the following market information:
Global Two Wheeler Hub Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Two Wheeler Hub Motors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Two Wheeler Hub Motors companies in 2021 (%)
The global Two Wheeler Hub Motors market was valued at 9789.5 million in 2021 and is projected to reach US$ 15750 million by 2028, at a CAGR of 7.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Geared Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Two Wheeler Hub Motors include Qs Motor, Schaeffler Technologies AG & Co. KG, Michelin group, Protean Electric, TDCM Corporation Ltd and GO SwissDrive AG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Two Wheeler Hub Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Two Wheeler Hub Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Two Wheeler Hub Motors Market Segment Percentages, by Type, 2021 (%)
Geared
Non-geared
Global Two Wheeler Hub Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Two Wheeler Hub Motors Market Segment Percentages, by Application, 2021 (%)
OEMs
Aftermarket
Global Two Wheeler Hub Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Two Wheeler Hub Motors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Two Wheeler Hub Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Two Wheeler Hub Motors revenues share in global market, 2021 (%)
Key companies Two Wheeler Hub Motors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Two Wheeler Hub Motors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Qs Motor
Schaeffler Technologies AG & Co. KG
Michelin group
Protean Electric
TDCM Corporation Ltd
GO SwissDrive AG

Frequently Asked Questions
Two Wheeler Hub Motors Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Two Wheeler Hub Motors Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Two Wheeler Hub Motors Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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