Market Overview:
The global brushless hub motors market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Based on type, the global brushless hub motors market has been segmented into less than 700 Nm and more than 700 Nm. The more than 700 Nm segment is expected to account for a larger share of the global brushless hub motors market during the forecast period. This can be attributed to the increasing demand for high-powered electric vehicles from commercial applications such as buses and trucks. On basis of application, passenger vehicles are anticipated to hold a larger share of the global brushless hub motors market during 2018-2030 owing to rising consumer preference for environment-friendly and low-emission modes of transportation.
Product Definition:
A brushless hub motor is a type of electric motor that uses permanent magnets to create rotational force. The magnets are mounted on the outside of the rotor, and the stator is mounted inside the housing. This design eliminates the need for brushes and commutators, which increases efficiency and reliability.
Less than 700 Nm:
Brushless Hub Motors (BHMs) are used in applications where high speed and torque are required. The BHMs have a lower rotational speed than the conventional ones, which reduces the energy loss and increases efficiency. They also provide better control over motor positioning for improved precision in cutting or grinding processes.
More than 700 Nm:
Brushless Hub Motors are used in applications where high torque is required. The application of Brushless Hub Motors has been growing at a rapid rate owing to the increasing demand for electric vehicles and industrial machinery. The growth of these markets will further drive the market for brushless hub motors, as they have low maintenance requirements and provide high efficiency.
The global More than 700 Nm.
Application Insights:
The passenger vehicles segment held the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to rising demand for passenger vehicles in emerging economies including China, India and Brazil. In addition, increasing penetration of Brushless DC (BLDC) motors has been contributing significantly towards segment growth owing to their high efficiency across a wide range of operating speeds.
Commercial Vehicles are also estimated to witness significant growth over the forecast period owing to increased government spending on infrastructure development coupled with an increase in industrial output from developing countries such as India and China. Furthermore, growing emphasis on reducing carbon emissions coupled with stringent environmental regulations are expected drive brushless hub motor adoption for commercial vehicles particularly heavy-duty trucks over the coming years.
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising product demand from countries, such as China, India, Japan and South Korea. Increasing per capita income levels coupled with rapid urbanization in these countries has resulted in increased spending on passenger vehicles. This trend is projected to have a positive impact on industry growth over the next eight years.
Europe was estimated at USD X million in 2017 owing to high product penetration of brushless hub motors used across several applications including industrial machinery, transit buses and trams as well as marine vessels. Moreover, presence of major automotive manufacturers such as Daimler AG; Mercedes-Benz AG; BMW Group GmbH; Volkswagen Group (VW); Fiat Chrysler Automobiles N.V.; PSA Peugeot Citroen; Ford Motor Company Europe GmbH & Co.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in demand for brushless hub motors, as they are used in electric vehicles.
- Rising awareness about the benefits of electric vehicles: There is a growing awareness about the benefits of using electric vehicles, such as reduced emissions and fuel costs. This is leading to an increase in demand for these types of vehicles, which will drive growth in the brushless hub motor market.
- Technological advancements: The development of new technologies has led to the introduction of advanced brushless hub motors that offer better performance and efficiency than traditional brushed motors. This is likely to boost growth in this market during the forecast period.
- Growing popularity of e-bikes: E-bikes are becoming increasingly popular due to their low cost and environmental friendliness compared with traditional gasoline-powered bikes .This is likely to lead to an increase in demand for brushless hub motors used in e-bikes, thereby driving growth in this market segment . 5
Scope Of The Report
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, Protean Electric, NSK, NTN Corporation, GEM Motors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Brushless Hub Motors Market Report Segments:
The global Brushless Hub Motors market is segmented on the basis of:
Types
Less than 700 Nm, More than 700 Nm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Protean Electric
- Ziehl-Abegg
- Schaeffler Technologies
- ZF Friedrichshafen
- Elaphe
- Heinzmann GmbH
- TM4
- Evans Electric
- Siemens
- Kolektor
- Protean Electric
- NSK
- NTN Corporation
- GEM Motors
Highlights of The Brushless Hub Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Less than 700 Nm
- More than 700 Nm
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Brushless hub motors are a type of electric motor that uses no brushes. They are often used in small drones and other unmanned aerial vehicles (UAVs).
Some of the major players in the brushless hub motors market are Protean Electric, Ziehl-Abegg, Schaeffler Technologies, ZF Friedrichshafen, Elaphe, Heinzmann GmbH, TM4, Evans Electric, Siemens, Kolektor, Protean Electric, NSK, NTN Corporation, GEM Motors.
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 Protean Electric
14.3.12 NSK
14.3.13 NTN Corporation
14.3.14 GEM Motors
