Global and United States Automotive Hub Motor Market Insights, Forecast to 2027

The automotive hub motor (also called wheel hub motor or hub motor) is an electric motor that is incorporated into a wheel and drives it directly without the need for a transmission or any other power-transferring components.
Global Automotive Hub Motor key players include Protean Electric, ELAPHE, SIM-Drive, Toyota, TM4, etc. Global top five manufacturers hold a share about 60%.
Europe is the largest market, with a share about 30%, followed by America and Japan, both have a share about 50 percent.
In terms of product, External-rotor Motor is the largest segment, with a share over 60%. And in terms of application, the largest application is Hybrid Electric Vehicles, followed by Pure Electric Vehicles.

Market Analysis and Insights: Global and United States Automotive Hub Motor Market
This report focuses on global and United States Automotive Hub Motor market.
In 2020, the global Automotive Hub Motor market size was US$ 10 million and it is expected to reach US$ 18 million by the end of 2027, with a CAGR of 7.6% during 2021-2027. In United States the Automotive Hub Motor market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Automotive Hub Motor Scope and Market Size
Automotive Hub Motor market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Hub Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Automotive Hub Motor market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Inner-rotor Motor
External-rotor Motor

Segment by Application
Pure Electric Vehicles
Fuel Cell Vehicles
Hybrid Electric Vehicles

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Protean Electric
ELAPHE
SIM-Drive
Toyota
TM4
Micro-Motor AG
Schaeffler
PMW
MICHELIN
Evans Electric
TECO
AMK
ShanghaiEdrive
XEMC LIGHT

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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QYR-18669369

30-Jun-2021

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