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

Global Automotive Hub Motor Market is segmented by motor type (gearless and geared), vehicle type (e-bikes, electric two-wheelers, passenger cars, and commercial vehicles), and geography (North America, Europe, Asia-Pacific, and the Rest of the World). The report offers market size and forecasts for automotive hub motors in value (USD) for all the above segments.

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

Automotive Hub Motor Industry Overview

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

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Hub Motors Market Concentration

Hub Motor Market Report Snapshots

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