Two-Wheeler Hub Motor Market Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

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Two-Wheeler Hub Motor Market Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

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The global two-wheeler hub motor market revenue is predicted to advance at a CAGR of 9.8% during the forecast period (2019—2024) and grow in valuation from $4,838.5 million to more than $8,458.7 million from 2018 to 2024. – PowerPoint PPT presentation

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Title: Two-Wheeler Hub Motor Market Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030


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Two-Wheeler Hub Motor Market Size, Key Vendors,
Growth Rate, Drivers, Volume and Forecast Report
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  • The increasing pollution levels and carbon
    emissions caused because of the large-scale
    utilization of oil and gas powered vehicles are
    majorly responsible for the surging popularity
    of electric vehicles across the world. The
    deteriorating air quality levels in many
    countries coupled with global warming has made
    many environmentalists, activists, and
    governments take numerous measures for creating
    awareness about alternative eco-friendly sources
    of power such as electrical energy.
    Additionally, the governments of several
    countries are offering hefty financial
    incentives to their people on the purchase of
    electric vehicles, which is in turn, boosting
    the sales of these vehicles.
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    analysis/two-wheeler-hub-motor-market/report-sampl
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  • In addition to being environment-friendly, the
    electric two-wheelers serve as excellent
    alternatives to the light motor vehicles (LMV)
    and are thus, enjoying soaring popularity all
    over the world. Therefore, with the surging sales
    of various types of electric vehicles such as
    electric two-wheelers, the demand for two-wheeler
    hub motors will shoot-up across the world. As a
    result, the global two-wheeler hub motor market
    revenue is predicted to advance at a CAGR of
    9.8 during the forecast period (20192024) and
    grow in valuation from 4,838.5 million to more
    than 8,458.7 million from 2018 to 2024.
  • Besides the conventional hub motors, the demand
    for high-powered motors is also escalating all
    over the world. Many major electric motorcycle
    manufacturing companies such as BMW AG, Vectrix,
    and Zero Motorcycles Inc. are increasingly
    developing motorcycles having motor power higher
    than 30 kW. Additionally, these companies have
    announced that they will soon launch motorcycles
    having motor power much higher than the ones they
    are currently manufacturing. Zero Motorcycles
    aim to launch a dual-sport electric motorcycle
    that will have 35.0 more motor power and 8.0
    more speed capacity than the previously
    manufactured models in the near future.
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  • Market Segmentation by Vehicle Type
  • E-Bikes
  • E-Scooters and Motorcycles
  • Market Segmentation by Motor Power
  • lt0.5 kW
  • 0.51.5 kW
  • 1.54 kW
  • gt4 kW
  • Market Segmentation by Motor Architecture
  • Brushed Motor
  • Brushless Direct Current (BLDC) Motor
  • Permanent Magnet Synchronous Motor (PMSM)
  • Induction Motor
  • Market Segmentation by Motor Type

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  • AC Motor
  • DC Motor
  • Market Segmentation by End Use
  • OEM
  • Aftermarket
  • Market Segmentation by Region
  • North America Two-Wheeler Hub Motor Market
  • By vehicle type
  • By motor power
  • By motor architecture
  • By motor type
  • By end use
  • By country U.S. and Canada
  • Europe Two-Wheeler Hub Motor Market
  • By vehicle type
  • By motor power
  • By motor architecture
  • By motor type
  • By end use

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  • Historical and the present size of the market
    segments and understand their comparative future
    potential
  • Potential of on-demand logistics services, so the
    market players make informed decisions on the
    sales of their offerings
  • Competitive scenario of various market segments
    across key countries in several regions for
    uncovering market opportunities for the
    stakeholders
  • Major players operating in the market and their
    service offerings
  • Recent strategic developments by the major
    players in the market

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