Market Share of Automotive Hub Motors Industry
The Automotive Hub Motors Market is dominated by several players such as Mitsubishi Motors Corporation, Schaeffler Technologies AG & Co. KG, Taizhou Quanshun Electric Drive Technology Co., Ltd. (QS Motor), Heinzmann GmbH & Co. KG, Michelin. These companies are expanding their business with new innovative products so that they can have an edge over their competitors.
In February 2023, Electronic component maker Flash collaborated with GEM Motors to manufacture hub motors.
Automotive Hub Motor Market Leaders
Schaeffler Technologies AG & Co. KG
Taizhou Quanshun Electric Drive Technology Co., Ltd. (QS Motor)
Heinzmann GmbH & Co. KG
Mitsubishi Electric
Protean Electric Limited
*Disclaimer: Major Players sorted in no particular order
