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Hub Motor Market
The global hub motor market is projected to reach $12.3 billion in 2024, driven by the rising adoption of electric vehicles (EVs) and the increasing popularity of converting conventional bicycles into electric ones through DIY hub motor kits. The market is expected to grow at an impressive CAGR of 7.4%, reaching a valuation of $22 billion by 2034.
Report ID
5563
Domain Name
Automotive
Format
PPT, PDF, WORD, EXCEL
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