Press release
Two-Wheeler Hub Motors Market : Growth, Opportunities & Competitive Landscape (2023-2032)
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ & ๐๐๐ : https://www.alliedmarketresearch.com/request-toc-and-sample/A12288
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The suppliers of two-wheeler hub motor across the globe have been affected severely due to the restrictions as well as the declared lockdowns which in turn is affecting the hub-motor manufacturers worldwide. As the governments all over the world have declared lockdowns over the past few months, the demand and supply cycle of many hub motor manufacturers is vulnerable since closure of factories. This has caused a major deviation in the growth of two-wheeler hub motor market. Moreover, the supply of electric components required for hub motor manufacturing was disrupted thus, halting the production of hub motor. Also, COVID-19 had a positive impact on electric vehicles thus it is expected that two-wheeler hub motor market will boost after the pandemic.
๐๐จ๐ฉ ๐๐ฆ๐ฉ๐๐๐ญ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
Rise in stringent government regulations regarding vehicle emission, reduces fuel consumption, and rise in various government initiatives to adopt electric vehicles is expected to drive growth of two-wheeler hub motor market.
However, lack of awareness about hub motor and high cost of two-wheeler hub motor will hamper growth of two-wheeler hub motor market.
Moreover, rise in demand for electric vehicle, lower maintenance cost, and rise in demand for electric vehicles with better vehicle performance act as an opportunity for growth of two-wheeler hub motor market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/two-wheeler-hub-motor-market/purchase-options
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
๐๐ข๐ฌ๐ ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐ญ๐๐ซ ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐๐ง๐๐
Currently, in electric vehicles hub motor is gaining popularity for its improved driving experience and more power. Since, the power is directly transmitted form the battery to the wheels it reduces the transmission distance and any loss of power while increasing the engine efficiency. Moreover, hub motors are brushless DC motor which allows independent driving and regenerative breaking. These features act as an opportunity for growth of two-wheeler hub motor market.
๐๐ข๐ฌ๐ ๐ข๐ง ๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐๐ง๐ญ ๐ ๐จ๐ฏ๐๐ซ๐ง๐ฆ๐๐ง๐ญ ๐ซ๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ซ๐๐ ๐๐ซ๐๐ข๐ง๐ ๐ฏ๐๐ก๐ข๐๐ฅ๐ ๐๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง
Many countries such as India and China are taking measures to reduce environmental pollution thus, promoting the adoption of electric vehicles. According, to US Environmental Protection Agency 26% of the total greenhouse gas emission are from automotive & transportation sector. For instance, India is aiming to completely phase out petrol and diesel by 2030 and China is also planning to put a ban on the sale and production of fossil fuel vehicles. Therefore, rise in sale of electric vehicle will drive growth of two-wheeler hub motor market
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A12288
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Rail Glazing Market
https://www.alliedmarketresearch.com/rail-glazing-market-A07804
Automotive Bovine Leather Market
https://www.alliedmarketresearch.com/automotive-bovine-leather-market-A12794
Automotive Trailer Brake Controllers Market
https://www.alliedmarketresearch.com/automotive-trailer-brake-controllers-market-A12798
Automotive Tube Hydroformed Parts Market
https://www.alliedmarketresearch.com/automotive-tube-hydroformed-parts-market-A12803
High-Speed Biometric and Microchip Ticketing System Market
https://www.alliedmarketresearch.com/high-speed-biometric-and-microchip-ticketing-system-market-A12806
Railway Antifriction Bearing Market
https://www.alliedmarketresearch.com/railway-antifriction-bearing-market-A14092
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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