이륜차용 허브 모터 시장 규모, 점유율, 동향 분석 보고서 : 차량별, 설치별, 모터별, 판매 채널별, 출력별, 지역별, 부문별 예측(2023-2030년)

Two Wheeler Hub Motor Market Growth & Trends:

The global two wheeler hub motor market size is expected to reach USD 25.39 billion by 2030, registering a CAGR of 12.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for electric two-wheelers and stringent government regulations for reducing the carbon footprint is projected to market growth. Furthermore, improved vehicle performance, reliability, and driving range are some factors that are projected to influence the demand for hub motors over the next seven years.

The increasing rate of environmental degradation through vehicular emissions has become a key concern for governments across the globe. Therefore, several governments are taking steps to promote the shift from traditional vehicles to eco-friendly transportation. Hence, the government has announced incentives on road tax, purchase tax, import tax, and low or zero registration fee for electric two-wheelers for both manufacturers and end-users. Moreover, substantial investments from automakers are estimated to cater to the increasing demand for electric two-wheelers. This, in turn, is expected to play a crucial role in the evolution of the market.

Asia Pacific dominated the two wheeler hub motor market in 2022 and is expected to continue its dominance over the forecast period. The region is majorly driven owing to the presence of electric two-wheeler and motor manufacturers in China. The country accounts for over 70.0% of the overall electric two-wheeler market in the region. Moreover, the growth in the electric two-wheeler industry in India, South Korea, and Japan is anticipated to trigger the demand for in-wheel motors.

Furthermore, several government regulations to promote the adoption for electric two-wheelers is one of the vital factor influencing the regional market growth. For instance, in 2018, the government of India increased financial support valued at USD 1.3 billion for electric vehicles under its FAME II program. The step was aimed at providing the demand-side incentives for electric two-wheelers, three-wheelers, cars, and buses. Such initiatives are anticipated to fuel the growth of the market from 2023 to 2030.

The market is fragmented in nature owing to the presence of several key manufacturers. However, the prominent electric two-wheeler manufacturers usually undergo strategic agreements with their suppliers to bridge the demand and supply gap of the industry. Some of the significant manufacturers in the market are NTN Corporation; Robert Bosch GmbH; QS Motors; and Schaeffler Technologies AG & Co. KG.

Two Wheeler Hub Motor Market Report Highlights:

• The electric bike segment held the largest market share of 56.3% in 2022. Two-wheeler hub motors are prominently used in electric bikes due to their increased power/speed, high torque, and extended range per single charge.
• The rear hub motor segment dominated the market with a market share of 91.5% in 2022 and is anticipated to witness the fastest CAGR of 12.6% over the forecast period. The manufacturers prefer to install two-wheeler hub motors on the rear wheel as it offers better traction, improved stability, and higher vehicle performance.
• The below 1 KW segment dominated the market with a revenue share of 54.4% in 2022. Electric bikes, electric skateboards, and electric kick scooters generally prefer motors with a power output below 1 kW.
• Asia Pacific accounted for the largest market share of 56.8% in 2022. The market growth in this region is also mainly driven by China, Japan, India, and South Korea. China is the largest market for two-wheeler hub motors in the Asia Pacific due to the presence of major two-wheeler hub motor manufacturers

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
  • 1.1.1. Vehicle
  • 1.1.2. Installation
  • 1.1.3. Motor
  • 1.1.4. Sales channel
  • 1.1.5. Power output
  • 1.1.6. Regional scope
  • 1.1.7. Estimates and forecast timeline
• 1.2. Research Methodology
• 1.3. Information Procurement
  • 1.3.1. Purchased database
  • 1.3.2. GVR's internal database
  • 1.3.3. Secondary sources
  • 1.3.4. Primary research
  • 1.3.5. Details of primary research
• 1.4. Information or Data Analysis
• 1.5. Market Formulation & Validation
• 1.6. Model Details
• 1.7. List of Secondary Sources
• 1.8. List of Primary Sources
• 1.9. Objectives

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
  • 2.2.1. Vehicle
  • 2.2.2. Installation
  • 2.2.3. Motor
  • 2.2.4. Sales channel
  • 2.2.5. Power output
  • 2.2.6. Regional outlook
• 2.3. Competitive Insights

Chapter 3. Two Wheeler Hub Motor Market Variables, Trends & Scope

• 3.1. Market Lineage Outlook
• 3.2. Industry Value Chain Analysis
• 3.3. Market Dynamics
  • 3.3.1. Market Driver Analysis
  • 3.3.2. Market Restraint Analysis
  • 3.3.3. Market Opportunity Analysis
• 3.4. Two Wheeler Hub Motor Market Analysis Tools
  • 3.4.1. Industry Analysis - Porter's
    • 3.4.1.1. Supplier power
    • 3.4.1.2. Buyer power
    • 3.4.1.3. Substitution threat
    • 3.4.1.4. Threat of new entrant
    • 3.4.1.5. Competitive rivalry
  • 3.4.2. PESTEL analysis
    • 3.4.2.1. Political landscape
    • 3.4.2.2. Technological landscape
    • 3.4.2.3. Economic Landscape

Chapter 4. Two Wheeler Hub Motor Market: Vehicle Estimates & Trend Analysis

• 4.1. Two Wheeler Hub Motor Market: Key Takeaways
• 4.2. Two Wheeler Hub Motor Market: Movement & Market Share Analysis, 2022 & 2030
• 4.3. Electric scooter/moped
  • 4.3.1. Electric scooter/moped market estimates and forecasts, 2017 to 2030 (USD Million)
• 4.4. Electric bike
  • 4.4.1. Electric bike market estimates and forecasts, 2017 to 2030 (USD Million)
• 4.5. Electric motorcycle
  • 4.5.1. Electric motorcycle market estimates and forecasts, 2017 to 2030 (USD Million)
• 4.6. Others
  • 4.6.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 5. Two Wheeler Hub Motor Market: Installation Estimates & Trend Analysis

• 5.1. Two Wheeler Hub Motor Market: Key Takeaways
• 5.2. Two Wheeler Hub Motor Market: Movement & Market Share Analysis, 2022 & 2030
• 5.3. Front hub motor
  • 5.3.1. Front hub motor market estimates and forecasts, 2017 to 2030 (USD Million)
• 5.4. Rear hub motor
  • 5.4.1. Rear hub motor market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 6. Two Wheeler Hub Motor Market: Motor Estimates & Trend Analysis

• 6.1. Two Wheeler Hub Motor Market: Key Takeaways
• 6.2. Two Wheeler Hub Motor Market: Movement & Market Share Analysis, 2022 & 2030
• 6.3. Geared hub motor
  • 6.3.1. Geared hub motor market estimates and forecasts, 2017 to 2030 (USD Million)
• 6.4. Gearless hub motor
  • 6.4.1. Gearless hub motor market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 7. Two Wheeler Hub Motor Market: Sales Channel Estimates & Trend Analysis

• 7.1. Two Wheeler Hub Motor Market: Key Takeaways
• 7.2. Two Wheeler Hub Motor Market: Movement & Market Share Analysis, 2022 & 2030
• 7.3. OEM
  • 7.3.1. OEM market estimates and forecasts, 2017 to 2030 (USD Million)
• 7.4. Aftermarket
  • 7.4.1. Aftermarket market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 8. Two Wheeler Hub Motor Market: Power Output Estimates & Trend Analysis

• 8.1. Two Wheeler Hub Motor Market: Key Takeaways
• 8.2. Two Wheeler Hub Motor Market: Movement & Market Share Analysis, 2022 & 2030
• 8.3. Below 1 KW
  • 8.3.1. Below 1 KW market estimates and forecasts, 2017 to 2030 (USD Million)
• 8.4. (1-3) KW
  • 8.4.1. (1-3) KW market estimates and forecasts, 2017 to 2030 (USD Million)
• 8.5. Above 3 KW
  • 8.5.1. Above 3 KW market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 9. Two Wheeler Hub Motor Market: Regional Estimates & Trend Analysis

• 9.1. Regional Outlook
• 9.2. Two Wheeler Hub Motor Market by Region: Key Takeaway
• 9.3. North America
  • 9.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.3.2. U.S.
    • 9.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.3.3. Canada
    • 9.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
• 9.4. Europe
  • 9.4.1. UK
    • 9.4.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.4.2. Germany
    • 9.4.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.4.3. France
    • 9.4.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
• 9.5. Asia Pacific
  • 9.5.1. Japan
    • 9.5.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.5.2. China
    • 9.5.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.5.3. India
    • 9.5.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.5.4. Australia
    • 9.5.4.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.5.5. South Korea
    • 9.5.5.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
• 9.6. Latin America
  • 9.6.1. Brazil
    • 9.6.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.6.2. Mexico
    • 9.6.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
• 9.7. MEA
  • 9.7.1. Saudi Arabia
    • 9.7.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.7.2. South Africa
    • 9.7.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
  • 9.7.3. UAE
    • 9.7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)

Chapter 10. Competitive Landscape

• 10.1. Recent Developments & Impact Analysis, By Key Market Participants
• 10.2. Market Participant Categorization
  • 10.2.1. Blinkfire Analytics, Inc.
    • 10.2.1.1. Company overview
    • 10.2.1.2. Financial performance
    • 10.2.1.3. Product benchmarking
    • 10.2.1.4. Strategic initiatives
  • 10.2.2. Gumgum, Inc.
    • 10.2.2.1. Company overview
    • 10.2.2.2. Financial performance
    • 10.2.2.3. Product benchmarking
    • 10.2.2.4. Strategic initiatives
  • 10.2.3. Kairos AR, Inc.
    • 10.2.3.1. Company overview
    • 10.2.3.2. Financial performance
    • 10.2.3.3. Product benchmarking
    • 10.2.3.4. Strategic initiatives
  • 10.2.4. SparkTrendz,
    • 10.2.4.1. Company overview
    • 10.2.4.2. Financial performance
    • 10.2.4.3. Product benchmarking
    • 10.2.4.4. Strategic initiatives
  • 10.2.5. Cloudsight, Inc.
    • 10.2.5.1. Company overview
    • 10.2.5.2. Financial performance
    • 10.2.5.3. Product benchmarking
    • 10.2.5.4. Strategic initiatives
  • 10.2.6. Chooch.com
    • 10.2.6.1. Company overview
    • 10.2.6.2. Financial performance
    • 10.2.6.3. Product benchmarking
    • 10.2.6.4. Strategic initiatives
  • 10.2.7. Google LLC
    • 10.2.7.1. Company overview
    • 10.2.7.2. Financial performance
    • 10.2.7.3. Product benchmarking
    • 10.2.7.4. Strategic initiatives
  • 10.2.8. Attrasoft, Inc.
    • 10.2.8.1. Company overview
    • 10.2.8.2. Financial performance
    • 10.2.8.3. Product benchmarking
    • 10.2.8.4. Strategic initiatives
  • 10.2.9. Catchroom
    • 10.2.9.1. Company overview
    • 10.2.9.2. Financial performance
    • 10.2.9.3. Product benchmarking
    • 10.2.9.4. Strategic initiatives
  • 10.2.10. Hitachi, Ltd.
    • 10.2.10.1. Company overview
    • 10.2.10.2. Financial performance
    • 10.2.10.3. Product benchmarking
    • 10.2.10.4. Strategic initiatives
  • 10.2.11. Honeywell International Inc.
    • 10.2.11.1. Company overview
    • 10.2.11.2. Financial performance
    • 10.2.11.3. Product benchmarking
    • 10.2.11.4. Strategic initiatives
  • 10.2.12. LTU Tech
    • 10.2.12.1. Company overview
    • 10.2.12.2. Financial performance
    • 10.2.12.3. Product benchmarking
    • 10.2.12.4. Strategic initiatives
  • 10.2.13. NEC Corporation
    • 10.2.13.1. Company overview
    • 10.2.13.2. Financial performance
    • 10.2.13.3. Product benchmarking
    • 10.2.13.4. Strategic initiatives
  • 10.2.14. Qualcomm Technologies, Inc.
    • 10.2.14.1. Company overview
    • 10.2.14.2. Financial performance
    • 10.2.14.3. Product benchmarking
    • 10.2.14.4. Strategic initiatives
  • 10.2.15. Slyce Acquisition Inc.
    • 10.2.15.1. Company overview
    • 10.2.15.2. Financial performance
    • 10.2.15.3. Product benchmarking
    • 10.2.15.4. Strategic initiatives