Press release
Automotive Hub Motor Market is expected to reach USD 18 Million by the end of 2029: Cognitive Market Research
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.LPI (LP Information)' newest research report, the "Automotive Hub Motor Industry Forecast" looks at past sales and reviews total world Automotive Hub Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Hub Motor sales for 2023 through 2029. With Automotive Hub Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Hub Motor industry.
This Insight Report provides a comprehensive analysis of the global Automotive Hub Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Hub Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Hub Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Hub Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Hub Motor.
The global Automotive Hub Motor market size is projected to grow from US$ 11 million in 2022 to US$ 18 million in 2029; it is expected to grow at a CAGR of 18 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Hub Motor market by product type, application, key manufacturers and key regions and countries.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Hub Motor market?
What factors are driving Automotive Hub Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Hub Motor market opportunities vary by end market size?
How does Automotive Hub Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/455428/automotive-hub-motor-2029
Strategic Points Covered in TOC:
Chapter 1: Scope of Automotive Hub Motor, Research Methodology, etc.
Chapter 2: Executive Summary, global Automotive Hub Motor market size (sales and revenue) and CAGR, Automotive Hub Motor market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Automotive Hub Motor sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Automotive Hub Motor sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Automotive Hub Motor market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Automotive Hub Motor.
Chapter 14: Research Findings and Conclusion
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