Automotive Hub Motors Market Share

Statistics for the 2023 & 2024 Automotive Hub Motors market share, created by Mordor Intelligence™ Industry Reports. Automotive Hub Motors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Automotive Hub Motors Industry

The Automotive Hub Motors Market is dominated by several players such as Mitsubishi Motors Corporation, Schaeffler Technologies AG & Co. KG, Taizhou Quanshun Electric Drive Technology Co., Ltd. (QS Motor), Heinzmann GmbH & Co. KG, Michelin. These companies are expanding their business with new innovative products so that they can have an edge over their competitors.

In February 2023, Electronic component maker Flash collaborated with GEM Motors to manufacture hub motors.

Automotive Hub Motor Market Leaders

  1. Schaeffler Technologies AG & Co. KG

  2. Taizhou Quanshun Electric Drive Technology Co., Ltd. (QS Motor)

  3. Heinzmann GmbH & Co. KG

  4. Mitsubishi Electric

  5. Protean Electric Limited

*Disclaimer: Major Players sorted in no particular order

Automotive Hub Motors Market Concentration

Hub Motor Market Report Snapshots

Automotive Hub Motors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)