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Global Brushless Hub Motors Market by Type (Less than 700 Nm, More than 700 Nm), By Application (Passenger Vehicles, Commercial Vehicles) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ME-490
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 94
  • No. Of Pages: 232
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  • Pub. Date: 2021-03-01
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The Global Brushless Hub Motors Market size is projected to grow at a CAGR of 5.0% during the forecast period (2021-2028) and the market is projected to reach USD 2.37 billion by 2028. The study includes the drivers and restraints of the market along with their impact on the demand for these motors in various regions across the globe. It also provides current and future trends that will determine how efficiently these motors are used for different types of applications over time.

 

Brushless hub motors are motorized devices that convert electrical energy into mechanical power, and they play a vital role in the mobility of various types of vehicles such as passenger cars and commercial trucks. These electric motors have become popular because they are more efficient than their predecessors, which were based on brushed DC motors. The efficiency is achieved by using permanent magnets in the rotor. The brushless hub motors are a three-phase device that does not need brushes or commutators, making them simpler and more reliable than standard brushed DC motors, with fewer moving parts.

 

On the basis of Types, the market is segmented into Less than 700 Nm and More than 700 Nm.

 

Less Than 700 Nm:

The Less than 700 nm motors are a sub-segment of the brushless hub motor that generates less power (less than 750W) because they have a lower torque rating as compared to their counterparts with higher ratings. They work well for small vehicles like scooters, mopeds, motorcycles, and recreational bikes. These types provide better fuel efficiency by operating on low voltage and speeds while reducing overall costs. In addition, these devices do not require external cooling systems thus making them cost-effective in comparison to other types available in this range such as PMDC which requires an expensive system of permanent magnets cooled by liquid coolant or fans.

 

More Than 700 Nm:

Brushless hub motors are classified by the power they can deliver. Brushless hub motor’s typical output range from less than 700 Nm and more than 700Nm. Less than 700 Nm is a general-purpose type of brushless hub motor that provides average torque over an entire speed range, which makes it best for driving in complex terrain or on rough roads at low speeds. More than 700 NM allows greater acceleration capability with high initial torque before its maximum level is reached to provide better performance when accelerating quickly from higher speeds or carrying heavy loads uphill. These types of models have their own advantages but both should be considered as part of an overall vehicle solution depending on specific needs.

 

On the basis of Application, the market is segmented into Passenger Vehicles and Commercial Vehicle.

 

Passenger Vehicles:

In the passenger vehicle segment, brushless hub motors are being used in eco-friendly and low emissions vehicles. The global trend of electric propulsion has led to an increase in the demand for these motors, which is expected to grow further over the next decade. Passenger cars that use this technology offer similar performance as their combustion engine counterparts while reducing any potential environmental impact or noise pollution associated with them.

 

Commercial Vehicles:

The use of brushless hub motors in Commercial Vehicles is on the rise, owing to their high efficiency and reliability. This has helped make them one of the most popular alternative powertrain solutions for commercial vehicles. Notably, there are a number of factors contributing to this trend such as growing awareness about environmental protection and emissions reduction among both OEMs and end customers; advancements in brushless technologies which help improve fuel efficiency by up to 30%; increase in battery costs that lead to lower running cost over time; driver’s preference for a quieter ride due to less noise emission from the electric drive system, etc.

 

On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. North American Brushless Hub Motors Market accounted for the largest share in 2018 due to a fast-growing e-mobility market with increasing demand from electric vehicle OEMs such as Tesla Inc., General Motors Company (GM), Ford Motor Corporation, and Nissan Motor Co., Ltd.

Asia Pacific is likely to grow at the highest CAGR during the forecast period on account of increasing demand for passenger vehicles in emerging economies such as India and China.

Europe is likely to grow at the second-highest CAGR during the forecast period due to stringent emission norms and increasing demand for passenger vehicles such as electric buses from China.

Latin America is likely to be among the fastest-growing regions in terms of market size on account of increased investments by local OEMs like Volkswagen AG, Toyota Motor Corporation (Toyota), etc., who are expanding their production capacity for e-mobility models in Mexico.

 

Growth Factors For The Brushless Hub Motors Market:

The growth factors that will have the most impact on the global brushless hub motors market are:

(I) increasing demand for electric vehicles.

(ii) rising adoption of hybrid and electric cars due to increased environmental awareness.

iii) technological advancements in power train technology with developments in regenerative braking systems.

Other Growth factors are an increase in the number of SUVs and CUV, improvement in electric vehicle range per charge (250-350 miles), and increasing demand for better fuel efficiency.

 


Up Market Research published a new report titled “Brushless Hub Motors Market research report which is segmented by Types (Less than 700 Nm, More than 700 Nm), By Applications (Passenger Vehicles, Commercial Vehicles), By Players/Companies Protean Electric, Ziehl-Abegg, Schaeffler Technologies, ZF Friedrichshafen, Elaphe, Heinzmann GmbH, TM4, Evans Electric, Siemens, Kolektor, Printed Motor Works, NSK, NTN Corporation, GEM Motors”.

 

Report Scope

Report Attributes Report Details
Report Title Brushless Hub Motors Market Research Report
By Type Less than 700 Nm, More than 700 Nm
By Application Passenger Vehicles, Commercial Vehicles
By Companies Protean Electric, Ziehl-Abegg, Schaeffler Technologies, ZF Friedrichshafen, Elaphe, Heinzmann GmbH, TM4, Evans Electric, Siemens, Kolektor, Printed Motor Works, NSK, NTN Corporation, GEM Motors
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 232
Number of Tables & Figures 163
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Brushless Hub Motors Industry Outlook
 

Global Brushless Hub Motors Market Report Segments:

The market is segmented by Type Less than 700 Nm, More than 700 Nm and By Application Passenger Vehicles, Commercial Vehicles.

 

Some of the companies that are profiled in this report are:

  1. Protean Electric
  2. Ziehl-Abegg
  3. Schaeffler Technologies
  4. ZF Friedrichshafen
  5. Elaphe
  6. Heinzmann GmbH
  7. TM4
  8. Evans Electric
  9. Siemens
  10. Kolektor
  11. Printed Motor Works
  12. NSK
  13. NTN Corporation
  14. GEM Motors
 

Brushless Hub Motors Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Brushless Hub Motors Market
 

Overview of the regional outlook of the Brushless Hub Motors Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Brushless Hub Motors Market Overview
 

Highlights of The Brushless Hub Motors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Brushless Hub Motors Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Less than 700 Nm

                2. More than 700 Nm

       7. By Application:

                1. Passenger Vehicles

                2. Commercial Vehicles

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Brushless Hub Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Brushless Hub Motors Market Statistics
 

Reasons to Purchase the Brushless Hub Motors Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brushless Hub Motors Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Brushless Hub Motors Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Brushless Hub Motors Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Brushless Hub Motors Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Brushless Hub Motors Market Size & Forecast, 2018-2028 
      4.5.1 Brushless Hub Motors Market Size and Y-o-Y Growth 
      4.5.2 Brushless Hub Motors Market Absolute $ Opportunity 


Chapter 5 Global Brushless Hub Motors Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Brushless Hub Motors Market Size Forecast by Type
      5.2.1 Less than 700 Nm
      5.2.2 More than 700 Nm
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Brushless Hub Motors Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Brushless Hub Motors Market Size Forecast by Applications
      6.2.1 Passenger Vehicles
      6.2.2 Commercial Vehicles
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Brushless Hub Motors Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Brushless Hub Motors Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Brushless Hub Motors Analysis and Forecast
   9.1 Introduction
   9.2 North America Brushless Hub Motors Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Brushless Hub Motors Market Size Forecast by Type
      9.6.1 Less than 700 Nm
      9.6.2 More than 700 Nm
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Brushless Hub Motors Market Size Forecast by Applications
      9.10.1 Passenger Vehicles
      9.10.2 Commercial Vehicles
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Brushless Hub Motors Analysis and Forecast
   10.1 Introduction
   10.2 Europe Brushless Hub Motors Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Brushless Hub Motors Market Size Forecast by Type
      10.6.1 Less than 700 Nm
      10.6.2 More than 700 Nm
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Brushless Hub Motors Market Size Forecast by Applications
      10.10.1 Passenger Vehicles
      10.10.2 Commercial Vehicles
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Brushless Hub Motors Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Brushless Hub Motors Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Brushless Hub Motors Market Size Forecast by Type
      11.6.1 Less than 700 Nm
      11.6.2 More than 700 Nm
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Brushless Hub Motors Market Size Forecast by Applications
      11.10.1 Passenger Vehicles
      11.10.2 Commercial Vehicles
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Brushless Hub Motors Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Brushless Hub Motors Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Brushless Hub Motors Market Size Forecast by Type
      12.6.1 Less than 700 Nm
      12.6.2 More than 700 Nm
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Brushless Hub Motors Market Size Forecast by Applications
      12.10.1 Passenger Vehicles
      12.10.2 Commercial Vehicles
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Brushless Hub Motors Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Brushless Hub Motors Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Brushless Hub Motors Market Size Forecast by Type
      13.6.1 Less than 700 Nm
      13.6.2 More than 700 Nm
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Brushless Hub Motors Market Size Forecast by Applications
      13.10.1 Passenger Vehicles
      13.10.2 Commercial Vehicles
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Brushless Hub Motors Market: Competitive Dashboard
   14.2 Global Brushless Hub Motors Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Protean Electric
      14.3.2 Ziehl-Abegg
      14.3.3 Schaeffler Technologies
      14.3.4 ZF Friedrichshafen
      14.3.5 Elaphe
      14.3.6 Heinzmann GmbH
      14.3.7 TM4
      14.3.8 Evans Electric
      14.3.9 Siemens
      14.3.10 Kolektor
      14.3.11 Printed Motor Works
      14.3.12 NSK
      14.3.13 NTN Corporation
      14.3.14 GEM Motors
Segments Covered in the Report
The global Brushless Hub Motors market has been segmented based on

By Types
  • Less than 700 Nm
  • More than 700 Nm
By Applications
  • Passenger Vehicles
  • Commercial Vehicles
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Protean Electric
  • Ziehl-Abegg
  • Schaeffler Technologies
  • ZF Friedrichshafen
  • Elaphe
  • Heinzmann GmbH
  • TM4
  • Evans Electric
  • Siemens
  • Kolektor
  • Printed Motor Works
  • NSK
  • NTN Corporation
  • GEM Motors

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