Title: Hub Motor Market
1Hub Motor MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
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- Hub Motor Market is forecast to reach 15.2
billion by 2026, growing at a CAGR of 8.1 during
2021-2026. - Increased demand for electric vehicles, stringent
government rules for reducing fossil fuel
vehicles are expected to accelerate the hub motor
market during forecast period. - For instance, countries like India and China
planning to ban fossil fuel vehicles by 2030 and
hence the demand for electric vehicles are likely
to be more in these countries by 2030.
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- Key Takeaways
- Asia-Pacific dominates the Hub Motor market owing
to increasing demand from applications such as
automotive. - The growing popularity for Vehicle Performance
and enhanced driving experience is likely to aid
in the market growth of Hub Motor. - Implementation of stringent government
regulations related to vehicular emissions will
increase the market demand for Hub Motor market
in the near future.
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Hub Motor Market Segment Analysis - By
Installation type Rear Hub Motor segment
dominated the hub Motor market share in 2020 with
a share of 42. Most of the electric two wheeler
manufacturers prefer to deploy hub motors in the
rear wheel to take advantage of the traction
control. Apart from that, rear hub motor provides
high power handling, powerful acceleration, and
high flexibility.
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- Hub Motor Market Outlook
- Accell Group,
- Elaphe Ltd,
- Enertrac Corporation,
- Fuji-Ta,
- Jiashan Neopower International Trade Schaeffler
Technologies and - QS Motor
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Hub Motor Market -Forecast 2021-2026 Learn More
About the Report _at_ https//www.industryarc.com/R
esearch/Hub-Motor-Market-Research-505706
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com