| Product Code: ETC5881206 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Serbia hub motor market, imports showed a notable increase, with a growth rate of 18.78% from 2023 to 2024. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 7.87%. This surge in imports could be attributed to a combination of factors such as rising demand for electric vehicles and favorable trade policies.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Serbia Hub Motor Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Hub Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Hub Motor Market - Industry Life Cycle |
3.4 Serbia Hub Motor Market - Porter's Five Forces |
3.5 Serbia Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Serbia Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Serbia Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F |
4 Serbia Hub Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Serbia |
4.2.2 Government initiatives promoting the adoption of electric vehicles |
4.2.3 Growing awareness about environmental sustainability and clean energy sources |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with electric vehicles |
4.3.2 Limited charging infrastructure in Serbia |
4.3.3 Lack of consumer awareness about the benefits of hub motors in electric vehicles |
5 Serbia Hub Motor Market Trends |
6 Serbia Hub Motor Market Segmentations |
6.1 Serbia Hub Motor Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Serbia Hub Motor Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 Serbia Hub Motor Market Revenues & Volume, By Rear, 2021-2031F |
6.2 Serbia Hub Motor Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Serbia Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F |
6.2.3 Serbia Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F |
6.2.4 Serbia Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.3 Serbia Hub Motor Market, By Motor |
6.3.1 Overview and Analysis |
6.3.2 Serbia Hub Motor Market Revenues & Volume, By Geared , 2021-2031F |
6.3.3 Serbia Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F |
7 Serbia Hub Motor Market Import-Export Trade Statistics |
7.1 Serbia Hub Motor Market Export to Major Countries |
7.2 Serbia Hub Motor Market Imports from Major Countries |
8 Serbia Hub Motor Market Key Performance Indicators |
8.1 Number of electric vehicle registrations in Serbia |
8.2 Percentage of government incentives allocated to electric vehicle promotion |
8.3 Growth in the number of charging stations in Serbia |
8.4 Percentage increase in the use of hub motors in electric vehicles |
8.5 Adoption rate of electric vehicles in the commercial sector |
9 Serbia Hub Motor Market - Opportunity Assessment |
9.1 Serbia Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Serbia Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Serbia Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F |
10 Serbia Hub Motor Market - Competitive Landscape |
10.1 Serbia Hub Motor Market Revenue Share, By Companies, 2024 |
10.2 Serbia Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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