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Among the vehicle types, the e-bikes contribute highest to the global hub motor market. The growing demand for hub motors in E-bikes is driven by factors such as the growing adoption of e-bikes globally, government support for the production and sales of e-bikes through policies and incentives, rapid technological advancements, and product launches in the e-bike industry among others. For instance, in October 2023, Sole Bicycles, a traditional bicycle manufacturer, ventured into the electric bicycle market with the introduction of the E-24 e-bike. This electric bike is equipped with a 750W hub motor and features BMX styling. The compact designsuits the limited space of these smaller electric vehicles, offering an efficient wheel hub integration. Hub motors provide a direct drive system, simplifying the structure and reducing maintenance needs. The quiet and smooth operation aligns with urban commuting preferences, making hub motors a crucial element in meeting the increasing demand for user-friendly and sustainable electric mobility solutions.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Hub Motor Market Report Segment
By Motor type
- Geared
- Gearless
By Position
- Front Hub motor
- Rear Hub motor
- Both Front and rear Hub Motor
By Vehicle Type
- Passenger
- Commercial
- Electric
By Sales Channel
- OEM
- Aftermarket
By Vehicle Type
- Electric vehicles (EVs)
- Electric bikes (e-bikes)
- Other applications (scooters, wheelchairs)
Global Hub Motor Market Report Segment by Region
North America
- United States
- copyright
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the hub motor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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