
Two Wheeler Hub Motors Market Insights, Global Outlook and Forecast 2022-2028
Get latest Market Research Reports on Two Wheeler Hub Motors. Industry analysis and Market Report on Two Wheeler Hub Motors is a syndicated market report, published as Global Two Wheeler Hub Motors Market Research Report . It is complete Research Study and Industry Analysis of Two Wheeler Hub Motors market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market
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The wheel hub motor (also called wheel motor, wheel hub drive, hub motor or in-wheel motor) is an electric motor that is incorporated into the hub of a wheel and drives it directly.
The latest research study released by Market IntelliX evaluates market size and forecasts of Two Wheeler Hub Motors in global, including the following market information:
Global Two Wheeler Hub Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Two Wheeler Hub Motors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Two Wheeler Hub Motors companies in 2021 (%)
The global Two Wheeler Hub Motors market was valued at 9789.5 million in 2021 and is projected to reach US$ 15750 million by 2028, at a CAGR of 7.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Geared Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Two Wheeler Hub Motors include Qs Motor, Schaeffler Technologies AG & Co. KG, Michelin group, Protean Electric, TDCM Corporation Ltd and GO SwissDrive AG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Two Wheeler Hub Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Two Wheeler Hub Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Two Wheeler Hub Motors Market Segment Percentages, by Type, 2021 (%)
Geared
Non-geared
Global Two Wheeler Hub Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Two Wheeler Hub Motors Market Segment Percentages, by Application, 2021 (%)
OEMs
Aftermarket
Global Two Wheeler Hub Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Two Wheeler Hub Motors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Two Wheeler Hub Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Two Wheeler Hub Motors revenues share in global market, 2021 (%)
Key companies Two Wheeler Hub Motors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Two Wheeler Hub Motors sales share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Qs Motor
Schaeffler Technologies AG & Co. KG
Michelin group
Protean Electric
TDCM Corporation Ltd
GO SwissDrive AG
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Two Wheeler Hub Motors Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Two Wheeler Hub Motors Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Two Wheeler Hub Motors Overall Market Size
2.1 Global Two Wheeler Hub Motors Market Size: 2021 VS 2028
2.2 Global Two Wheeler Hub Motors Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Two Wheeler Hub Motors Sales: 2017-2028
3 Company Landscape
3.1 Top Two Wheeler Hub Motors Players in Global Market
3.2 Top Global Two Wheeler Hub Motors Companies Ranked by Revenue
3.3 Global Two Wheeler Hub Motors Revenue by Companies
3.4 Global Two Wheeler Hub Motors Sales by Companies
3.5 Global Two Wheeler Hub Motors Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Two Wheeler Hub Motors Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Two Wheeler Hub Motors Product Type
3.8 Tier 1, Tier 2 and Tier 3 Two Wheeler Hub Motors Players in Global Market
3.8.1 List of Global Tier 1 Two Wheeler Hub Motors Companies
3.8.2 List of Global Tier 2 and Tier 3 Two Wheeler Hub Motors Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Two Wheeler Hub Motors Market Size Markets, 2021 & 2028
4.1.2 Geared
4.1.3 Non-geared
4.2 By Type - Global Two Wheeler Hub Motors Revenue & Forecasts
4.2.1 By Type - Global Two Wheeler Hub Motors Revenue, 2017-2022
4.2.2 By Type - Global Two Wheeler Hub Motors Revenue, 2023-2028
4.2.3 By Type - Global Two Wheeler Hub Motors Revenue Market Share, 2017-2028
4.3 By Type - Global Two Wheeler Hub Motors Sales & Forecasts
4.3.1 By Type - Global Two Wheeler Hub Motors Sales, 2017-2022
4.3.2 By Type - Global Two Wheeler Hub Motors Sales, 2023-2028
4.3.3 By Type - Global Two Wheeler Hub Motors Sales Market Share, 2017-2028
4.4 By Type - Global Two Wheeler Hub Motors Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Two Wheeler Hub Motors Market Size, 2021 & 2028
5.1.2 OEMs
5.1.3 Aftermarket
5.2 By Application - Global Two Wheeler Hub Motors Revenue & Forecasts
5.2.1 By Application - Global Two Wheeler Hub Motors Revenue, 2017-2022
5.2.2 By Application - Global Two Wheeler Hub Motors Revenue, 2023-2028
5.2.3 By Application - Global Two Wheeler Hub Motors Revenue Market Share, 2017-2028
5.3 By Application - Global Two Wheeler Hub Motors Sales & Forecasts
5.3.1 By Application - Global Two Wheeler Hub Motors Sales, 2017-2022
5.3.2 By Application - Global Two Wheeler Hub Motors Sales, 2023-2028
5.3.3 By Application - Global Two Wheeler Hub Motors Sales Market Share, 2017-2028
5.4 By Application - Global Two Wheeler Hub Motors Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Two Wheeler Hub Motors Market Size, 2021 & 2028
6.2 By Region - Global Two Wheeler Hub Motors Revenue & Forecasts
6.2.1 By Region - Global Two Wheeler Hub Motors Revenue, 2017-2022
6.2.2 By Region - Global Two Wheeler Hub Motors Revenue, 2023-2028
6.2.3 By Region - Global Two Wheeler Hub Motors Revenue Market Share, 2017-2028
6.3 By Region - Global Two Wheeler Hub Motors Sales & Forecasts
6.3.1 By Region - Global Two Wheeler Hub Motors Sales, 2017-2022
6.3.2 By Region - Global Two Wheeler Hub Motors Sales, 2023-2028
6.3.3 By Region - Global Two Wheeler Hub Motors Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Two Wheeler Hub Motors Revenue, 2017-2028
6.4.2 By Country - North America Two Wheeler Hub Motors Sales, 2017-2028
6.4.3 US Two Wheeler Hub Motors Market Size, 2017-2028
6.4.4 Canada Two Wheeler Hub Motors Market Size, 2017-2028
6.4.5 Mexico Two Wheeler Hub Motors Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Two Wheeler Hub Motors Revenue, 2017-2028
6.5.2 By Country - Europe Two Wheeler Hub Motors Sales, 2017-2028
6.5.3 Germany Two Wheeler Hub Motors Market Size, 2017-2028
6.5.4 France Two Wheeler Hub Motors Market Size, 2017-2028
6.5.5 U.K. Two Wheeler Hub Motors Market Size, 2017-2028
6.5.6 Italy Two Wheeler Hub Motors Market Size, 2017-2028
6.5.7 Russia Two Wheeler Hub Motors Market Size, 2017-2028
6.5.8 Nordic Countries Two Wheeler Hub Motors Market Size, 2017-2028
6.5.9 Benelux Two Wheeler Hub Motors Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Two Wheeler Hub Motors Revenue, 2017-2028
6.6.2 By Region - Asia Two Wheeler Hub Motors Sales, 2017-2028
6.6.3 China Two Wheeler Hub Motors Market Size, 2017-2028
6.6.4 Japan Two Wheeler Hub Motors Market Size, 2017-2028
6.6.5 South Korea Two Wheeler Hub Motors Market Size, 2017-2028
6.6.6 Southeast Asia Two Wheeler Hub Motors Market Size, 2017-2028
6.6.7 India Two Wheeler Hub Motors Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Two Wheeler Hub Motors Revenue, 2017-2028
6.7.2 By Country - South America Two Wheeler Hub Motors Sales, 2017-2028
6.7.3 Brazil Two Wheeler Hub Motors Market Size, 2017-2028
6.7.4 Argentina Two Wheeler Hub Motors Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Two Wheeler Hub Motors Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Two Wheeler Hub Motors Sales, 2017-2028
6.8.3 Turkey Two Wheeler Hub Motors Market Size, 2017-2028
6.8.4 Israel Two Wheeler Hub Motors Market Size, 2017-2028
6.8.5 Saudi Arabia Two Wheeler Hub Motors Market Size, 2017-2028
6.8.6 UAE Two Wheeler Hub Motors Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Qs Motor
7.1.1 Qs Motor Corporate Summary
7.1.2 Qs Motor Business Overview
7.1.3 Qs Motor Two Wheeler Hub Motors Major Product Offerings
7.1.4 Qs Motor Two Wheeler Hub Motors Sales and Revenue in Global (2017-2022)
7.1.5 Qs Motor Key News
7.2 Schaeffler Technologies AG & Co. KG
7.2.1 Schaeffler Technologies AG & Co. KG Corporate Summary
7.2.2 Schaeffler Technologies AG & Co. KG Business Overview
7.2.3 Schaeffler Technologies AG & Co. KG Two Wheeler Hub Motors Major Product Offerings
7.2.4 Schaeffler Technologies AG & Co. KG Two Wheeler Hub Motors Sales and Revenue in Global (2017-2022)
7.2.5 Schaeffler Technologies AG & Co. KG Key News
7.3 Michelin group
7.3.1 Michelin group Corporate Summary
7.3.2 Michelin group Business Overview
7.3.3 Michelin group Two Wheeler Hub Motors Major Product Offerings
7.3.4 Michelin group Two Wheeler Hub Motors Sales and Revenue in Global (2017-2022)
7.3.5 Michelin group Key News
7.4 Protean Electric
7.4.1 Protean Electric Corporate Summary
7.4.2 Protean Electric Business Overview
7.4.3 Protean Electric Two Wheeler Hub Motors Major Product Offerings
7.4.4 Protean Electric Two Wheeler Hub Motors Sales and Revenue in Global (2017-2022)
7.4.5 Protean Electric Key News
7.5 TDCM Corporation Ltd
7.5.1 TDCM Corporation Ltd Corporate Summary
7.5.2 TDCM Corporation Ltd Business Overview
7.5.3 TDCM Corporation Ltd Two Wheeler Hub Motors Major Product Offerings
7.5.4 TDCM Corporation Ltd Two Wheeler Hub Motors Sales and Revenue in Global (2017-2022)
7.5.5 TDCM Corporation Ltd Key News
7.6 GO SwissDrive AG
7.6.1 GO SwissDrive AG Corporate Summary
7.6.2 GO SwissDrive AG Business Overview
7.6.3 GO SwissDrive AG Two Wheeler Hub Motors Major Product Offerings
7.6.4 GO SwissDrive AG Two Wheeler Hub Motors Sales and Revenue in Global (2017-2022)
7.6.5 GO SwissDrive AG Key News
8 Global Two Wheeler Hub Motors Production Capacity, Analysis
8.1 Global Two Wheeler Hub Motors Production Capacity, 2017-2028
8.2 Two Wheeler Hub Motors Production Capacity of Key Manufacturers in Global Market
8.3 Global Two Wheeler Hub Motors Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Two Wheeler Hub Motors Supply Chain Analysis
10.1 Two Wheeler Hub Motors Industry Value Chain
10.2 Two Wheeler Hub Motors Upstream Market
10.3 Two Wheeler Hub Motors Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Two Wheeler Hub Motors Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Two Wheeler Hub Motors Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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