Two Wheeler Hub Motor Market Size, Share, Trends Analysis & Forecast By 2023 – 31

Two Wheeler Hub Motor Market

An electric motor integrated into the Two Wheeler Hub Motor Market of a two-wheeled vehicle, such as an electric motorcycle, scooter, or bicycle (e-bike), is known as an electric hub motor or two-wheeler hub motor. Many benefits come with this motor design, which is frequently found in electric two-wheelers. An outline of two-wheeler hub motors can be found here.

Two Wheeler Hub Motor Market was valued at USD 9.76 billion in 2022 and expected to grow at a CAGR of 9.7% during the forecast period.

The hub motor is currently becoming more and more popular for electric vehicles since it lowers maintenance costs and improves driving because of its elasticity, high power efficiency, lightweight, flexibility, and small size. Additionally, by doing away with the primary powertrain in electric cars, two-wheeler hub motors reduce the requirement for axles, transmissions, and drivelines. As a result, it contributes to the reduction of mechanical losses, which are significant in all components between the wheel and the engine. This makes the car operate more quietly and produces less noise.

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 The parts of a hub motor with two wheels:

 Electric Motor: Usually a brushless direct current (BLDC) or brushless alternating current (BLAC) motor, the electric motor is the main component. These motors offer exceptional power-to-weight ratios, dependability, and great efficiency.

Stator: Usually fastened to the two-wheeler’s frame or fork, the stator is the motor’s stationary component. It creates a magnetic field and has wire coils inside.

Rotor: The rotor is the rotating part of the motor, integrated into the wheel hub. It is connected to the wheel’s axle and spins within the stator’s magnetic field, producing mechanical power.

Power Electronics: To control the speed and power output of the motor, power electronics components like controllers and inverters are integrated into the system. These components convert the direct current (DC) power from the battery into alternating current (AC) for the motor.

Battery Pack: An electric two-wheeler relies on a battery pack to supply electrical energy to the hub motor. The battery pack’s voltage and capacity determine the vehicle’s range and performance.

Wiring and Connectors: Wires and connectors link the various components, ensuring proper communication and power transmission between the battery, motor, and control electronics.

Top Influential Elements

  • The market for two-wheeler hub motors is predicted to develop as a result of more strict government restrictions pertaining to vehicle emissions, fuel economy, and the adoption of electric vehicles through various government initiatives.
  • The market for two-wheeler hub motors will not expand, though, due to low consumer knowledge of hub motors and their high cost.
  • Furthermore, the market for two-wheeler hub motors is expected to develop as a result of the growing demand for electric cars, which also offers the advantage of lower maintenance costs and improved vehicle performance.

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Industry Patterns

  • An increase in the market for electric cars with improved performance

Hub motors are currently becoming more and more common in electric vehicles because to their increased power and better driving experience. Because the power is sent straight from the batteries to the wheels, there is less transmission loss and less transmission distance, which improves engine efficiency. In addition, hub motors are brushless DC motors that support regenerative breaking and independent drive. These characteristics present a chance for the two-wheeler hub motor market to expand.

  • An increase in the market for electric cars with improved performance

Hub motors are currently becoming more and more common in electric vehicles because to their increased power and better driving experience. Because the power is sent straight from the batteries to the wheels, there is less transmission loss and less transmission distance, which improves engine efficiency. In addition, hub motors are brushless DC motors that support regenerative breaking and independent drive. These characteristics present a chance for the two-wheeler hub motor market to expand.

Some of the key players operating in the market are:

  • QS MOTOR
  • MAC SHANGHAI ELECTRIC MOTOR COMPANY LTD
  • TDCM
  • NTN Corporation
  • Heinzmann GmbH and Co. KG.
  • Robert Bosch GmbH
  • Schaeffler Technologies AG and Co. KG
  • Elaphe Propulsion Technologies Ltd.
  • Leaf Motor
  • EnerTrac Corporation
  • Others

About Robbin Joseph

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