Global Automotive Hub Motor Market Growth 2025-2031

Global Automotive Hub Motor Market Growth 2025-2031

The global Automotive Hub Motor market size is predicted to grow from US$ 12.4 million in 2025 to US$ 19.6 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.

The automotive hub motor (also called wheel hub motor or hub motor) is an electric motor that is incorporated into a wheel and drives it directly without the need for a transmission or any other power-transferring components.

Global Automotive Hub Motor key players include Protean Electric, ELAPHE, SIM-Drive, Toyota, TM4, etc. Global top five manufacturers hold a share about 60%.

Europe is the largest market, with a share about 30%, followed by America and Japan, both have a share about 50 percent.

In terms of product, External-rotor Motor is the largest segment, with a share over 60%. And in terms of application, the largest application is Hybrid Electric Vehicles, followed by Pure Electric Vehicles.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Hub Motor Industry Forecast” looks at past sales and reviews total world Automotive Hub Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Hub Motor sales for 2025 through 2031. With Automotive Hub Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Hub Motor industry.

This Insight Report provides a comprehensive analysis of the global Automotive Hub Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Hub Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Hub Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Hub Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Hub Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Hub Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Inner-rotor Motor
External-rotor Motor

Segmentation by Application:
Pure Electric Vehicles
Fuel Cell Vehicles
Hybrid Electric Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Protean Electric
ELAPHE
SIM-Drive
Toyota
TM4
Micro-Motor AG
Schaeffler
PMW
MICHELIN
Evans Electric
TECO
AMK
ShanghaiEdrive
XEMC LIGHT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Hub Motor market?

What factors are driving Automotive Hub Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Hub Motor market opportunities vary by end market size?

How does Automotive Hub Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.