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New Report By Data Bridge Market Research Global Hub Motor Market Latest Trends,Industry Analysis,Trends and Forecast to 2026 | by major competitors like QS MOTOR, Schaeffler AG, MICHELIN, JIASHAN NEOPOWER INTERNATIONAL TRADE CO.LTD., Elaphe Ltd.
Market Definition: Global hub motor market is expected to rise from its initial estimated value of USD 7.75 billion in 2018 to an estimated value of USD 11.58 billion by 2026, registering a CAGR of 5.15% in the forecast period of 2019-2026. Global Hub Motor Market reports help business organization in each circle of trade to take better choices, to react to the hardest business questions and decrease the risk of failure. In this Global Hub Motor Market report, information accumulation modules with vast example sizes are utilized to gather information and perform base year analysis.Hub motors are motor power generators that are installed on the wheels of the vehicles that are utilized for the improvement in efficiency and performance of the vehicles. They are installed on the wheels of the electric vehicles so that the load on the engine is reduced and the performance of the vehicle is improved.
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Global Hub Motor Market segmented By Vehicle Type ,Installation Type,Motor Type, Output Type ,Sales Channel, Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Market Competitors: Global Hub Motor Market
Few of the major competitors currently working in the hub motor market are QS MOTOR, Schaeffler AG, MICHELIN, JIASHAN NEOPOWER INTERNATIONAL TRADE CO.LTD., Elaphe Ltd., NTN Corporation, TAJIMA EV, TDCM, GO SwissDrive, MAC SHANGHAI ELECTRIC MOTOR COMPANY LTD., Leaf Motor, Robert Bosch GmbH, Specialized Bicycle Components, Trek Bicycle Corporation, Zero Motorcycles Inc., LUNA CYCLE, Heinzmann GmbH & Co. KG, Accell Group, Fuji-ta Bicycle Co.Ltd., MERIDA BIKES, and UU Motor Technology Co. Limited.
Market Drivers:
• Increased performance efficiency and capabilities of vehicles due to its usage is expected to drive the market growth
• Increasing global sales and demand of electric two-wheelers and vehicles is also expected to drive the market growth
Market Restraints:
• High cost of these motors is expected to restrain the market growth
• Availability of substitutes in the market is also expected to act as a restraint to the market growth
Key Developments in the Market:
• In May 2018, Elaphe Ltd. launched the second generation Elaphe L1500 in-wheel motor at The Electric and Hybrid Vehicle Technology Expo Europe 2018 in Hannover, Germany. The motor is capable of providing higher torque and braking capabilities to bigger vehicles.
• In October 2017, NTN Corporation announced the development of an “eHUB”, industry’s first motor generator utilizing hub bearing for wheel rotation. It is developed with the aim to reduce the power load on the engines and uses its own power while deaccelerating.
Competitive Analysis: Global Hub Motor Market
Global hub motor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hub motor market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents:
1. Executive Summary
2. Scope/opportunities of the Report
3. Research Methodology
4. Market Landscape
• Market ecosystem
• Market characteristics
• Market segmentation analysis
5. Pipeline Analysis
• Pipeline analysis
6. Market Sizing
• Market definition
• Market sizing
• Market size and forecast
7. Porter’s Five Forces Analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
8. Market Segmentation
• Segmentation
• Comparison
• Market opportunity
9. Customer Landscape
9. Regional Landscape
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Market Segmentation:
• By Vehicle Type
o E-Bikes
o E-Scooters/Mopeds
o E-Motorcycles
• By Installation Type
o Front Hub Motor
o Rear Hub Motor
• By Motor Type
o Gearless Hub Motor
o Geared Hub Motor
• By Output Type
o Below 1000W
o 1000-3000W
o Above 3000W
• By Sales Channel
o Aftermarket
o OE Market
• By Geography
o North America
US
Canada
Mexico
o South America
Brazil
Argentina
Rest of South America
o Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
o Asia Pacific
Japan
China
South Korea
India
Australia
Singapore
Indonesia
Malaysia
Thailand
Philippines
Rest of Asia Pacific
o Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
Key Insights in the report:
• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
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