Global Two-wheeler In-wheel Motor Industry Overview
In two-wheelers with mid-drive motors, power is transferred to the wheels either by a chain or belt. Mid-drive motors weigh more than in-wheel motors and include a belt or chain for powering the wheels. In-wheel motors have all components fitted in the small motor that is fitted at the hub of the wheel, making them lightweight and less vulnerable to wear. This allows in-wheel motors to run with lesser need for maintenance compared to mid-drive motors. The production of low-powered electric scooters with in-wheel motors is expected to increase the growth in demand for e-scooters. Additionally, along with the increasing need for lightweight vehicles, the requirement for maintenance-free components will drive demand from OEMs for in-wheel motors in two-wheeler in-wheel motor market.
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Companies covered
The two-wheeler in-wheel motor market is fragmented since the market has a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this two-wheeler in-wheel motor industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of two-wheeler in-wheel motor manufacturers including:
- Bosch
- Elaphe
- GEM motors
- QS MOTOR
Two-wheeler in-wheel motor market growth based on geographic region:
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in APAC will contribute to the highest share of this two-wheeler in-wheel motor market. The region is expected to remain dominant throughout the forecast period.
Two-wheeler in-wheel motor market growth based on application
- E-scooter
- E-motorcycle
According to our market research experts, the E-scooter segment will account for the highest share and growth of the market. The report also provides an accurate prediction of the contribution of the various application segments to the growth of the two-wheeler in-wheel motor market size.
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Key highlights of the global two-wheeler in-wheel motor market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the two-wheeler in-wheel motor market during the next five years
- Precise estimation of the global two-wheeler in-wheel motor market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the two-wheeler in-wheel motor industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of two-wheeler in-wheel motor companies
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global two-wheeler in-wheel motor market and its stakeholders over the forecast years. The global two-wheeler in-wheel motor market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact two-wheeler in-wheel motor market size till 2023.
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