Dublin, Nov. 06, 2018 (GLOBE NEWSWIRE) -- 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.

High torque is propelling the growth of geared hub motor during the forecast period.

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.

North America is expected to record the highest growth rate during the forecast period.

North America is the fastest growing market for EVs, followed by Europe. North America is a regional hub for many renowned electric two wheelers manufacturers known for delivering quality and high-performance vehicles. OEMs in North America such as Trek and Enertrac Corporation are focused on the development of high-performance electric two-wheelers. Victory Motorcycles, Zero Motorcycles, and Luna are the leading OEMs in the US who have launched electric two wheelers nationwide resulting in a huge demand for hub motors. A hub motor provides several benefits such as powerful acceleration, high flexibility, and better torque control, which are expected to boost the demand for electric two wheelers in the region, and in turn, boost the demand for hub motors.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities In The Hub Motor Market
4.2 Asia Pacific To Lead The Global Hub Motor Market By 2025
4.3 Hub Motor Market, By Power Output Type, 2018
4.4 Hub Motor Market, By Installation Type, 2018 Vs. 2025
4.5 Hub Motor Market, By Motor Type
4.6 Hub Motor Market, By Vehicle Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Performance Efficiency Of A Vehicle
5.2.1.2 Increases Range Of A Vehicle
5.2.2 Restraints
5.2.2.1 Mid-Drive Motors As An Alternative Option
5.2.3 Opportunities
5.2.3.1 Increasing Sales Of Electric Two Wheelers Globally
5.2.4 Challenges
5.2.4.1 Increase In Unsprung Weight Of The Wheel
5.2.4.2 High Cost

6 Industry Trends
6.1 Mid-Drive Motor
6.1.1 Major Applications Of Mid-Drive Motor
6.2 Neighborhood Electric Vehicle (Nev)

7 Hub Motor Market, By Vehicle Type
7.1 Introduction
7.2 E-Bikes
7.2.1 Increasing Popularity Of E-Bikes Will Boost The Demand For Hub Motors
7.3 E-Scooters/Mopeds
7.3.1 Growing Use Of E-Scooters/Mopeds As Alternative Transport Mobility Will Boost The Demand
7.4 E-Motorcycles
7.4.1 Asia Pacific Is The Largest Market For E-Motorcycles

8 Hub Motor Market, By Installation Type
8.1 Introduction
8.2 Front Hub Motor
8.2.1 Factors Such As Equal Weight Distribution Will Boost The Demand For Front Hub Motor
8.3 Rear Hub Motor
8.3.1 Benefits Such As High Traction And Powerful Acceleration Will Boost The Demand For Rear Hub Motor

9 Hub Motor Market, By Motor Type
9.1 Introduction
9.2 Gearless Hub Motor
9.2.1 Benefits Such As High Durability And Power Will Boost The Demand For Gearless Hub Motor
9.3 Geared Hub Motor
9.3.1 Asia Pacific To Lead The Geared Hub Motor Market Between 2018 And 2025

10 Hub Motor Market, By Power Output Type
10.1 Introduction
10.2 Below 1000 W
10.2.1 Increase In Sales Of E-Bikes Will Boost The Demand For Below 1000 W Hub Motors
10.3 1000-3000 W
10.3.1 Increase In Sales Of E-Scooters/Mopeds Will Boost The Demand For 1000-3000 W Hub Motors
10.4 Above 3000 W
10.4.1 Increase In Sales Of E-Motorcycles Will Boost The Demand For Above 3000 W Hub Motors

11 Hub Motor Market, By Sales Channel
11.1 Introduction
11.2 Aftermarket
11.3 Oe Market

12 Hub Motor Market, By Region
12.1 Introduction
12.2 Asia Pacific
12.2.1 China
12.2.1.1 Government Regulations For Low Emission Vehicles In China Expected To Drive The Hub Motor Market
12.2.2 India
12.2.2.1 Increase In Sales Of Electric Scooter/Mopeds In India Expected To Drive The Hub Motor Market
12.2.3 Japan
12.2.3.1 Presence Of Major E-Bike Manufacturers In Japan Expected To Drive The Hub Motor Market
12.2.4 South Korea
12.2.4.1 Government Promoting Eco-Friendly Electric Scooters In South Korea Is Expected To Drive The Hub Motor Market
12.2.5 Taiwan
12.2.5.1 Taiwan Expected To Witness The Highest Growth Rate In The Asia Pacific Geared Hub Motor Market
12.3 Europe
12.3.1 Austria
12.3.1.1 Increase In E-Bike Sales In Austria Expected To Drive The Hub Motor Market
12.3.2 France
12.3.2.1 Government E-Bikes Purchase Subsidy Expected To Drive The French Hub Motor Market 69
12.3.3 Germany
12.3.3.1 E-Bikes As A Preferred Mode Of Mobility In Germany Expected To Drive The Hub Motor Market
12.3.4 Italy
12.3.4.1 Consumer Preference Toward E-Bikes In Italy Will Boost The Hub Motor Market
12.3.5 Netherlands
12.3.5.1 Rising E-Bike Popularity In The Netherlands Will Boost The Demand For Hub Motors
12.3.6 Spain
12.3.6.1 Increase In Sales Of Electric-Scooters/Mopeds Is Expected To Drive The Spanish Geared Hub Motor Market
12.3.7 United Kingdom
12.3.7.1 Growth In E-Bike Imports Expected To Drive The UK Hub Motor Market
12.4 North America
12.4.1 Canada
12.4.1.1 Canada Expected To Witness The Highest Growth Rate In The North American Geared Hub Motor Market
12.4.2 US
12.4.2.1 The US Accounted For The Largest Market Size In The North American Geared Hub Motor Market

13 Competitive Landscape
13.1 Overview
13.2 Market Ranking Analysis
13.3 Competitive Situation & Trends
13.3.1 New Product Developments
13.3.2 Collaborations/Joint Ventures/Supply Contracts/Partnerships/Agreements

14 Company Profiles
14.1 Key Players
14.1.1 Qs Motor
14.1.2 Schaeffler
14.1.3 Michelin Group
14.1.4 Jiashan Neopower International Trade
14.1.5 Elaphe Ltd
14.1.6 Ntn
14.1.7 Tajima Ev
14.1.8 Tdcm Corporation
14.1.9 Go Swissdrive
14.1.10 Mac Motor
14.1.11 Leaf Motor
14.1.12 Robert Bosch
14.2 Key Players From Other Regions
14.2.1 North America
14.2.1.1 Specialized Bicycle Components
14.2.1.2 Enertrac Corporation
14.2.1.3 Trek
14.2.1.4 Victory Motorcycles
14.2.1.5 Zero Motorcycles
14.2.1.6 Luna Cycle
14.2.2 Europe
14.2.2.1 Heinzmann
14.2.2.2 Accell Group
14.2.2.3 Pon Bike Group
14.2.3 Asia Pacific
14.2.3.1 Fuji-Ta
14.2.3.2 Geoby
14.2.3.3 Tainjin Golden Wheel
14.2.3.4 Giant
14.2.3.5 Merida
14.2.3.6 Uu Motor

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