Not one high profile award, but there are silver slugger awards for each position, plus gold gloves for each position (and those often take into account hitting for some reason). Pitchers account for nearly 50% of the league, and they have one gold glove, one silver slugger (they do, right?) and one Cy Young. Position players have 8 silver sluggers (unless DH gets one, so 9th for half the teams), 8 gold gloves, and most MVPs. I don't think hitters are lacking in recognition.