Hub Motor Market

By Motor;

Geared and Gearless

By Power Output;

Below 3 KW, 3-5 KW, 5-10 KW and Above 10 KW

By Installation;

Front Hub Motor, Rear Hub Motor, Both Front Hub Motor and Both Rear Hub Motor

By Sales Channel;

OEM and Sales Channel

By Vehicle;

E-Bike, E-Motorcycle, E-Scooter, Electric Passenger Vehicles, Electric Utility Vehicles, Electric Heavy-Duty Vehicles and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn422854184 Published Date: October, 2025 Updated Date: November, 2025

Hub Motor Market Overview

Hub Motor Market (USD Million)

Hub Motor Market was valued at USD 11,473.20 million in the year 2024. The size of this market is expected to increase to USD 16,800.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.


Hub Motor Market

*Market size in USD million

CAGR 5.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.6 %
Market Size (2024)USD 11,473.20 Million
Market Size (2031)USD 16,800.87 Million
Market ConcentrationMedium
Report Pages392
11,473.20
2024
16,800.87
2031

Major Players

  • QS Motor
  • Elaphe Propulsion Technologies
  • Schaeffler Technologies AG & Co. KG
  • NTN Corporation
  • Michelin Group
  • MAC Motor
  • TDCM Corporation
  • ZIEHL-ABEGG SE
  • Jiashan Neopower International Trade Co., Ltd.
  • Printed Motor Works Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hub Motor Market

Fragmented - Highly competitive market without dominant players


The Hub Motor Market is advancing rapidly as demand grows for compact, efficient propulsion systems tailored to electric mobility. These motors, mounted within vehicle wheels, eliminate traditional drivetrain elements, boosting overall efficiency by nearly 12%. Their growing usage reflects a broader shift toward cost-effective, low-maintenance electric drive systems across various applications.

Innovations Driving Efficiency
Ongoing improvements in motor control, material science, and thermal management are propelling the hub motor market. PMSM and BLDC motor types remain preferred choices due to their durability and performance benefits. Enhancements in design have delivered a 15% gain in motor efficiency, strengthening their position across urban mobility and industrial applications.

Advantages in Cost and Maintenance
Hub motors present a cost-efficient alternative to traditional motor systems, reducing mechanical complexity and increasing energy efficiency. Their simplified architecture has resulted in a 20% drop in overall drivetrain maintenance. These benefits are contributing to their increased preference in urban electric vehicles and lightweight commercial platforms.

Growth Outlook
The future of the hub motor market appears promising, underpinned by the rise of sustainable transport models and smart vehicle design trends. Adoption is forecasted to climb by 35%, supported by R&D efforts aimed at optimizing weight, torque, and energy use. As electric vehicle demand accelerates, hub motors are set to play a pivotal role in next-generation mobility systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Motor
    2. Market Snapshot, By Power Output
    3. Market Snapshot, By Installation
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Vehicle
    6. Market Snapshot, By Region
  4. Hub Motor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand for electric two-wheelers
        2. Growing urbanization and last-mile mobility trends
        3. Simplified vehicle architecture with in-wheel motors
        4. Advancements in compact motor design technologies
      2. Restraints
        1. Thermal management challenges in compact designs
        2. Limited torque output for high-power applications
        3. Higher unsprung mass affects vehicle stability
        4. Complex repair and replacement procedures
      3. Opportunities
        1. Expansion of e-bike and e-scooter markets
        2. Integration in autonomous delivery vehicle platforms
        3. Adoption in low-speed urban EV segments
        4. Development of modular and scalable motor solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hub Motor Market, By Motor, 2021 - 2031 (USD Million)
      1. Geared
      2. Gearless
    2. Hub Motor Market, By Power Output, 2021 - 2031 (USD Million)
      1. Below 3 KW
      2. 3-5 KW
      3. 5-10 KW
      4. Above 10 KW
    3. Hub Motor Market, By Installation, 2021 - 2031 (USD Million)
      1. Front Hub Motor
      2. Rear Hub Motor
      3. Both Front Hub Motor
      4. Both Rear Hub Motor
    4. Hub Motor Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Sales Channel
    5. Hub Motor Market, By Vehicle, 2021 - 2031 (USD Million)
      1. E-Bike
      2. E-Motorcycle
      3. E-Scooter
      4. Electric Passenger Vehicles
      5. Electric Utility Vehicles
      6. Electric Heavy-Duty Vehicles
      7. Others
    6. Hub Motor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Robert Bosch GmbH
      2. Schaeffler Technologies AG & Co. KG
      3. QS Motor Ltd.
      4. NTN Corporation
      5. Elaphe Propulsion Technologies Ltd.
      6. Heinzmann GmbH & Co. KG
      7. Accell Group N.V.
      8. Cutler MAC (Shanghai) Brushless Motor Co. Ltd.
      9. Leaf Motor
      10. TDCM
      11. Hyundai Mobis
      12. Siemens AG
      13. Bafang Electric (Suzhou) Co., Ltd.
      14. YASA Limited
      15. Belrise Industries
  7. Analyst Views
  8. Future Outlook of the Market