Two Wheeler Hub Motor by Type (Electric Motorcycle, Electric Scooter/Moped, Electric Bike, Others), Power Output (Below 1 kW, Between 1-3 kW, Above 3 kW), Motor (Gearless Hub Motor, Geared Hub Motor), Installation (Front Hub Motor, Rear Hub Motor), Sales Channel (Aftermarket, OEM), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Jun, 2020
  • Report ID: 418514
  • Category: Automotive
  • Pages: 228
$4700

The global two wheeler hub motor market is expected to grow from USD 8.2 billion in 2019 to USD 16.9 billion by 2027, at a CAGR of 9.7% during the forecast period 2020-2027. 

An automotive hub motor, also known as in-wheel hub motor, is an electric motor connected to the wheels of a vehicle. The two-wheeler hub motor has various benefits over mid-drive motors like better performance, cheaper cost and easy installation. The hub motor is currently gaining traction among electric vehicles since it helps to minimize maintenance costs, reduce noise, and improve power efficiency.

This study delivers a comprehensive analysis of type, power output, motor, installation, sales channel and regions. The research includes growth drivers as well as challenges prevalent in the global two wheeler hub motor market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the two wheeler hub motor market. The type segment comprises of electric motorcycle, electric scooter/moped, electric bike, and others. In the year 2019, electric bikes lead the market, estimated to be around a value of USD 4 billion. This was thanks to their noteworthy characteristics of speed, power and range. The electric scooter & motorcycle segments have been forecasted to grow at a high rate due to various government subsidies & incentives. On the basis of power output, the market has been divided into below 1 kW, between 1-3 kW, and above 3 kW. Motors with higher power output are desired since that allows automakers to achieve a higher top speed without negatively affecting performance. However, for low-speed vehicles like for electric bikes & skateboards, a low power output is preferred. The motor segment includes gearless hub motor and geared hub motor. Geared hub motors are generally lightweight & compact; however, gearless hub motors have much better performance. Based on installation, the market has been divided into front hub motor, and rear hub motor. The rear hub motor segment held the largest market share since they have better stability, traction as well as performance. On the basis of sales channel, the global two wheeler hub motor market has been segmented into aftermarket and OEM. The OEM or original equipment manufacturer segment dominates the market since most consumers prefer to buy vehicles with company fitted motors.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With automakers' growing emphasis on creating safer, high-performance, eco-friendly, and faster vehicles with excellent torque & acceleration, the North America region stands as a promising market for two wheeler hub motors and is expected to grow at the highest CAGR during the forecast period. However, the Asia-Pacific region is expected to hold the largest market share thanks to the presence of critical global manufacturers in the area. 

Some of the notable players in the two wheeler hub motor market are Schaeffler Technologies AG and Co. KG, NTN Corporation, QS MOTOR, Robert Bosch GmbH, MAC SHANGHAI ELECTRIC MOTOR COMPANY LTD, and Elaphe Propulsion Technologies Ltd., among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global two wheeler hub motor industry.

For instance, in the year 2019, Harley-Davidson revealed the debut of their electric motorcycle, LiveWire.

This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:

Global Two Wheeler Hub Motor Market Analysis And Forecast, By Type

  • Electric Motorcycle
  • Electric Scooter/Moped
  • Electric Bike
  • Others

Global Two Wheeler Hub Motor Market Analysis And Forecast, By Power Output

  • Below 1 kW
  • Between 1-3 kW
  • Above 3 kW

Global Two Wheeler Hub Motor Market Analysis And Forecast, By Motor

  • Gearless Hub Motor
  • Geared Hub Motor

Global Two Wheeler Hub Motor Market Analysis And Forecast, By Installation

  • Front Hub Motor
  • Rear Hub Motor

Global Two Wheeler Hub Motor Market Analysis And Forecast, By Sales Channel

  • Aftermarket
  • OEM

Global Two Wheeler Hub Motor Market Analysis And Forecast, By Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherland
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest Of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest Of APAC
  • South America
    • Brazil
    • Argentina
    • Peru
    • Colombia
    • Rest Of South America
  • Middle East And Africa
    •  UAE
    •  Saudi Arabia
    •  Egypt
    •  Nigeria
    •  South Africa
    • Rest Of MEA

Report Description:

  • The base year for the study has been considered 2019, historic year 2017 and 2018 and, the forecast period considered is from 2020 to 2027.
  • The study delivers a comprehensive analysis of the global two wheeler hub motor market by type, power output, motor, installation, sales channel and regions. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2020 to 2027.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global two wheeler hub motor market. This report incorporates the industry analysis which is focused on providing an extensive view of the two wheeler hub motor market.
  • The study also includes attractiveness analysis of type, power output, motor, installation, sales channel and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the two wheeler hub motor market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Type
          4.3.2. Market Attractiveness Analysis By Power Output
          4.3.3. Market Attractiveness Analysis By Motor
          4.3.4. Market Attractiveness Analysis By Installation
          4.3.5. Market Attractiveness Analysis By Sales Channel
          4.3.6. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restrains
    5.4. Opportunities
    5.5. Challenges
6. Global Two Wheeler Hub Motor Market Analysis and Forecast, By Type
    6.1. Segment Overview
    6.2. Electric Motorcycle
    6.3. Electric Scooter/Moped
    6.4. Electric Bike
    6.5. Others
7. Global Two Wheeler Hub Motor Market Analysis and Forecast, By Power Output
    7.1. Segment Overview
    7.2. Below 1 kW
    7.3. Between 1-3 kW
    7.4. Above 3 kW
8. Global Two Wheeler Hub Motor Market Analysis and Forecast, By Motor
    8.1. Segment Overview
    8.2. Gearless Hub Motor
    8.3. Geared Hub Motor
9. Global Two Wheeler Hub Motor Market Analysis and Forecast, By Installation
    9.1. Segment Overview
    9.2. Front Hub Motor
    9.3. Rear Hub Motor
10. Global Two Wheeler Hub Motor Market Analysis and Forecast, By Sales Channel
    10.1. Segment Overview
    10.2. Aftermarket
    10.3. OEM
11. Global Two Wheeler Hub Motor Market Analysis and Forecast, By Regional Analysis
    11.1. Segment Overview
    11.2. North America
          11.2.1. U.S.
          11.2.2. Canada
          11.2.3. Mexico
    11.3. Europe
          11.3.1. Germany
          11.3.2. France
          11.3.3. U.K.
          11.3.4. Italy
          11.3.5. Spain
    11.4. Asia-Pacific
          11.4.1. Japan
          11.4.2. China
          11.4.3. India
    11.5. South America
          11.5.1. Brazil
    11.6. Middle East and Africa
          11.6.1. UAE
          11.6.2. South Africa
12. Global Two Wheeler Hub Motor Market-Competitive Landscape
    12.1. Overview
    12.2. Market Share of Key Players in Global Two Wheeler Hub Motor Market
          12.2.1. Global Company Market Share
          12.2.2. North America Company Market Share
          12.2.3. Europe Company Market Share
          12.2.4. APAC Company Market Share
    12.3. Competitive Situations and Trends
          12.3.1. Product Launches and Developments
          12.3.2. Partnerships, Collaborations, and Agreements
          12.3.3. Mergers & Acquisitions
          12.3.4. Expansions
13. Company Profiles
    13.1. Schaeffler Technologies AG and Co. KG
          13.1.1. Business Overview
          13.1.2. Company Snapshot
          13.1.3. Company Market Share Analysis
          13.1.4. Company Product Portfolio
          13.1.5. Recent Developments
          13.1.6. SWOT Analysis
    13.2. NTN Corporation
          13.2.1. Business Overview
          13.2.2. Company Snapshot
          13.2.3. Company Market Share Analysis
          13.2.4. Company Product Portfolio
          13.2.5. Recent Developments
          13.2.6. SWOT Analysis
    13.3. QS MOTOR
          13.3.1. Business Overview
          13.3.2. Company Snapshot
          13.3.3. Company Market Share Analysis
          13.3.4. Company Product Portfolio
          13.3.5. Recent Developments
          13.3.6. SWOT Analysis
    13.4. Robert Bosch GmbH
          13.4.1. Business Overview
          13.4.2. Company Snapshot
          13.4.3. Company Market Share Analysis
          13.4.4. Company Product Portfolio
          13.4.5. Recent Developments
          13.4.6. SWOT Analysis
    13.5. MAC SHANGHAI ELECTRIC MOTOR COMPANY LTD
          13.5.1. Business Overview
          13.5.2. Company Snapshot
          13.5.3. Company Market Share Analysis
          13.5.4. Company Product Portfolio
          13.5.5. Recent Developments
          13.5.6. SWOT Analysis
    13.6. Elaphe Propulsion Technologies Ltd.
          13.6.1. Business Overview
          13.6.2. Company Snapshot
          13.6.3. Company Market Share Analysis
          13.6.4. Company Product Portfolio
          13.6.5. Recent Developments
          13.6.6. SWOT Analysis

List of Table

1. Global Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

2. Global Electric Motorcycle Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

3. Global Electric Scooter/Moped Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

4. Global Electric Bike Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

5. Global Others Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

6. Global Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

7. Global Below 1 kW Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

8. Global Between 1-3 kW Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

9. Global Above 3 kW Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

10. Global Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

11. Global Gearless Hub Motor Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

12. Global Geared Hub Motor Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

13. Global Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

14. Global Front Hub Motor Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

15. Global Rear Hub Motor Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

16. Global Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

17. Global Aftermarket Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

18. Global OEM Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

19. Global Two Wheeler Hub Motor Market, By Region, 2017–2027(USD Billion)(Units)

20. Global Two Wheeler Hub Motor Market, By North America, 2017–2027(USD Billion)(Units)

21. North America Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

22. North America Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

23. North America Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

24. North America Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units) 

25. North America Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

26. U.S. Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

27. U.S. Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

28. U.S. Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

29. U.S. Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

30. U.S. Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

31. Canada Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

32. Canada Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

33. Canada Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

34. Canada Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

35. Canada Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

36. Mexico Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

37. Mexico Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

38. Mexico Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

39. Mexico Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

40. Mexico Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

41. Europe Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

42. Europe Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

43. Europe Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

44. Europe Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

45. Europe Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

46. Germany Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

47. Germany Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

48. Germany Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

49. Germany Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

50. Germany Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

51. France Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

52. France Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

53. France Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

54. France Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

55. France Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

56. U.K. Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

57. U.K. Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

58. U.K. Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

59. U.K. Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

60. U.K. Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

61. Italy Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

62. Italy Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

63. Italy Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

64. Italy Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

65. Italy Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

66. Spain Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

67. Spain Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

68. Spain Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

69. Spain Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

70. Spain Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

71. Asia Pacific Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

72. Asia Pacific Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

73. Asia Pacific Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

74. Asia Pacific Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

75. Asia Pacific Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

76. Japan Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

77. Japan Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

78. Japan Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

79. Japan Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

80. Japan Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

81. China Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

82. China Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

83. China Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

84. China Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

85. China Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

86. India Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

87. India Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

88. India Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

89. India Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

90. India Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

91. South America Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

92. South America Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

93. South America Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

94. South America Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

95. South America Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

96. Brazil Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

97. Brazil Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

98. Brazil Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

99. Brazil Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

100. Brazil Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

101. Middle East and Africa Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

102. Middle East and Africa Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

103. Middle East and Africa Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

104. Middle East and Africa Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

105. Middle East and Africa Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

106. UAE Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

107. UAE Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

108. UAE Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

109. UAE Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

110. UAE Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

111. South Africa Two Wheeler Hub Motor Market, By Type, 2017–2027(USD Billion)(Units)

112. South Africa Two Wheeler Hub Motor Market, By Power Output, 2017–2027(USD Billion)(Units)

113. South Africa Two Wheeler Hub Motor Market, By Motor, 2017–2027(USD Billion)(Units)

114. South Africa Two Wheeler Hub Motor Market, By Installation, 2017–2027(USD Billion)(Units)

115. South Africa Two Wheeler Hub Motor Market, By Sales Channel, 2017–2027(USD Billion)(Units)

 

List of Figures 

1. Global Two Wheeler Hub Motor Market Segmentation

2. Two Wheeler Hub Motor Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Two Wheeler Hub Motor Market Attractiveness Analysis By Type

9. Global Two Wheeler Hub Motor Market Attractiveness Analysis By Power Output

10. Global Two Wheeler Hub Motor Market Attractiveness Analysis By Motor

11. Global Two Wheeler Hub Motor Market Attractiveness Analysis By Installation

12. Global Two Wheeler Hub Motor Market Attractiveness Analysis By Sales Channel

13. Global Two Wheeler Hub Motor Market Attractiveness Analysis By Region

14. Global Two Wheeler Hub Motor Market: Dynamics

15. Global Two Wheeler Hub Motor Market Share By Type (2019 & 2027)

16. Global Two Wheeler Hub Motor Market Share By Power Output (2019 & 2027)

17. Global Two Wheeler Hub Motor Market Share By Motor (2019 & 2027)

18. Global Two Wheeler Hub Motor Market Share By Installation (2019 & 2027)

19. Global Two Wheeler Hub Motor Market Share By Sales Channel (2019 & 2027)

20. Global Two Wheeler Hub Motor Market Share by Regions (2019 & 2027)

21. Global Two Wheeler Hub Motor Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!

Karen Richwine
Director Marketing Operations
The AMES Companies, Inc.

Hi Siddhartha-san,
Many thanks for sending trade map with final report.
Best regards,

Atsushi Kaneko
Maritime Business Sect.
Aviation & Maritime Business Dept.
Sumitomo Mitsui Finance and Leasing Co.,Ltd

Hello Sapna,
Thanks for the report. We've been going through it and see some good data on the market and players.

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