Hub motor for electric vehicle, also referred to as in-wheel hub motor, or electric hub, or wheel hub motor, is an electrical motor attached to the wheels of an automobile, designed typically to drive the wheel directly with higher efficiency. Hub motor for electric vehicles (EVs), which are integrated with wheel bearing and hub is a low-cost solution that offers flexibility, as it can power both rear and front-wheel drive vehicles, as well as all-wheel-drive versions. The hub motor for EVs delivers maximum torque at low rpm, letting the vehicle start. This makes the hub motor ideal for an electric vehicle, as it requires maximum torque at startup.
In terms of cooling type, the water cooled segment holds a prominent share of the hub motor market for EVs. Water cooled system provides continuous ventilation to the system, as water/liquid flows through the tubes or passages that are provided on the hub motor system. It also includes all liquid cooled system, which helps lower the temperature of the hub motor.
The OEM segment dominates the hub motor market for EVs. This is due to the hub motor being in the development phase. Furthermore, higher lifespan of the hub motor is projected to propel the OEM segment of the market during the forecast period. Moreover, significant expansion of the automotive industry and rising export of EVs from the China, and Japan are projected to drive the hub motor market for EVs in the Asia Pacific region.
Asia Pacific accounts for a prominent share of the global hub motor market for EVs. Surge in adoption of electric buses in Asia Pacific is a major factor boosting the hub motor market for EVs in the region.
Global Hub Motor for Electric Vehicles (EVs) market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Hub Motor for Electric Vehicles (EVs).
This industry study presents the global Hub Motor for Electric Vehicles (EVs) market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Hub Motor for Electric Vehicles (EVs) production, revenue and market share by manufacturers, key regions and type;
The consumption of Hub Motor for Electric Vehicles (EVs) in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Protean Electric, Ziehl-Abegg, etc.
The following manufacturers are covered in this report:
Printed Motor Works
Hub Motor for Electric Vehicles (EVs) Breakdown Data by Type
by Cooling Type
Less than 700 Nm
More than 700 Nm
Hub Motor for Electric Vehicles (EVs) Breakdown Data by Application
Hub Motor for Electric Vehicles (EVs) Production by Region
Hub Motor for Electric Vehicles (EVs) Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hub Motor for Electric Vehicles (EVs) status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Hub Motor for Electric Vehicles (EVs) manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hub Motor for Electric Vehicles (EVs) :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hub Motor for Electric Vehicles (EVs) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.