Global Automotive Hub Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Automotive Hub Motor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Automotive Hub Motor market size was valued at US$ 12.3 million in 2023 and is forecast to a readjusted size of USD 20.1 million by 2030 with a CAGR of 7.4% during review period.

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 is a detailed and comprehensive analysis for global Automotive Hub Motor market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Automotive Hub Motor market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Automotive Hub Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Automotive Hub Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Automotive Hub Motor market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Automotive Hub Motor

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Automotive Hub Motor market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Protean Electric, ELAPHE, SIM-Drive, Toyota, TM4, Micro-Motor AG, Schaeffler, PMW, MICHELIN, Evans Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Automotive Hub Motor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Inner-rotor Motor
External-rotor Motor

Market segment by Application
Pure Electric Vehicles
Fuel Cell Vehicles
Hybrid Electric Vehicles

Major players covered
Protean Electric
ELAPHE
SIM-Drive
Toyota
TM4
Micro-Motor AG
Schaeffler
PMW
MICHELIN
Evans Electric
TECO
AMK
ShanghaiEdrive
XEMC LIGHT

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automotive Hub Motor product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automotive Hub Motor, with price, sales quantity, revenue, and global market share of Automotive Hub Motor from 2019 to 2024.

Chapter 3, the Automotive Hub Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automotive Hub Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Automotive Hub Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Hub Motor.

Chapter 14 and 15, to describe Automotive Hub Motor sales channel, distributors, customers, research findings and conclusion.