Hub Motor Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global hub motor market is expected to grow at a CAGR of around 4.0% during 2025-2034. This report on global hub motor market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global hub motor market by segmenting the market based on installation, application, motor type, power output, sales channel and region. Also, detailed profiles of companies operating in the hub motor market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Demand for Electric Vehicles (EVs)
• Cost-effective with Minimal Mechanical Losses
• Significant Growth in the Automotive Industry
Market Challenges
• Adding Hub Motor can Vastly Increase the Unsprung Weight and Hurt the Performance
• Less Operating Speed and Complex Structure of Hub Motors
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Installation
• Front Hub Motor
• Rear Hub Motor
Market by Application
• E-bikes
• Electric Two-wheelers
• Passenger Cars
• Others
Market by Motor Type
• Geared
• Gearless
Market by Power Output
• Below 1000 W
• 1000–3000 W
• Above 3000 W
Market by Sales Channel
• OEM
• Aftermarket
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Hub Motor Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Hub Motor Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Hub Motor Market by Installation
- 5.1. Introduction
- 5.2. Front Hub Motor
- 5.3. Rear Hub Motor
- 6. Global Hub Motor Market by Application
- 6.1. Introduction
- 6.2. E-bikes
- 6.3. Electric Two-wheelers
- 6.4. Passenger Cars
- 6.5. Others
- 7. Global Hub Motor Market by Motor Type
- 7.1. Introduction
- 7.2. Geared
- 7.3. Gearless
- 8. Global Hub Motor Market by Power Output
- 8.1. Introduction
- 8.2. Below 1000 W
- 8.3. 1000–3000 W
- 8.4. Above 3000 W
- 9. Global Hub Motor Market by Sales Channel
- 9.1. Introduction
- 9.2. OEM
- 9.3. Aftermarket
- 10. Global Hub Motor Market by Region
- 10.1 Introduction
- 10.2 Europe
- 10.2.1 Germany
- 10.2.2 United Kingdom
- 10.2.3 France
- 10.2.4 Italy
- 10.2.5 Spain
- 10.2.6 Russia
- 10.2.7 Netherlands
- 10.2.8 Rest of the Europe
- 10.3 North America
- 10.3.1 United States
- 10.3.2 Canada
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Indonesia
- 10.4.10 Rest of the Asia Pacific
- 10.5 Latin America
- 10.5.1 Mexico
- 10.5.2 Brazil
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 Turkey
- 10.6.3 Iran
- 10.6.4 United Arab Emirates
- 10.6.5 Rest of Middle East & Africa
- 11. SWOT Analysis
- 12. Porter’s Five Forces
- 13. Market Value Chain Analysis
- 14. Competitive Landscape
- 14.1. Competitive Scenario
- 14.2. Company Profiles
- 14.2.1. Accell Group
- 14.2.2. Brushless Motor Co. Ltd
- 14.2.3. Cutler MAC
- 14.2.4. Elaphe Propulsion Technologies Ltd.
- 14.2.5. HYUNDAI MOBIS
- 14.2.6. MAC Shanghai Electric Motor Company Ltd.
- 14.2.7. NTN Corporation
- 14.2.8. QS Motor
- 14.2.9. Robert Bosch GmbH
- 14.2.10. Schaeffler technologies AG & CO. KG
- 14.2.11. Siemens AG
- 14.2.12. TDCM
- List of Figures
- Figure 1: Global Hub Motor Market (in US$ Million), 2020-2024
- Figure 2: Global Hub Motor Market by Installation, 2024
- Figure 3: Global Hub Motor Market by Application, 2024
- Figure 4: Global Hub Motor Market by Motor Type, 2024
- Figure 5: Global Hub Motor Market by Power Output, 2024
- Figure 6: Global Hub Motor Market by Sales Channel, 2024
- Figure 7: Global Hub Motor Market by Region, 2024
- Figure 8: Global Hub Motor Market (in US$ Million), 2025-2034
- Figure 9: Global Hub Motor Market by Installation (in %), 2024 & 2034
- Figure 10: Global Front Hub Motor Hub Motor Market (in US$ Million), 2020-2024
- Figure 11: Global Front Hub Motor Hub Motor Market (in US$ Million), 2025-2034
- Figure 12: Global Rear Hub Motor Hub Motor Market (in US$ Million), 2020-2024
- Figure 13: Global Rear Hub Motor Hub Motor Market (in US$ Million), 2025-2034
- Figure 14: Global Hub Motor Market by Application (in %), 2024 & 2034
- Figure 15: Global E-bikes Hub Motor Market (in US$ Million), 2020-2024
- Figure 16: Global E-bikes Hub Motor Market (in US$ Million), 2025-2034
- Figure 17: Global Electric Two-wheelers Hub Motor Market (in US$ Million), 2020-2024
- Figure 18: Global Electric Two-wheelers Hub Motor Market (in US$ Million), 2025-2034
- Figure 19: Global Passenger Cars Hub Motor Market (in US$ Million), 2020-2024
- Figure 20: Global Passenger Cars Hub Motor Market (in US$ Million), 2025-2034
- Figure 21: Global Other Applications Hub Motor Market (in US$ Million), 2020-2024
- Figure 22: Global Other Applications Hub Motor Market (in US$ Million), 2025-2034
- Figure 23: Global Hub Motor Market by Motor Type (in %), 2024 & 2034
- Figure 24: Global Geared Hub Motor Market (in US$ Million), 2020-2024
- Figure 25: Global Geared Hub Motor Market (in US$ Million), 2025-2034
- Figure 26: Global Gearless Hub Motor Market (in US$ Million), 2020-2024
- Figure 27: Global Gearless Hub Motor Market (in US$ Million), 2025-2034
- Figure 28: Global Hub Motor Market by Power Output (in %), 2024 & 2034
- Figure 29: Global Below 1000 W Hub Motor Market (in US$ Million), 2020-2024
- Figure 30: Global Below 1000 W Hub Motor Market (in US$ Million), 2025-2034
- Figure 31: Global 1000–3000 W Hub Motor Market (in US$ Million), 2020-2024
- Figure 32: Global 1000–3000 W Hub Motor Market (in US$ Million), 2025-2034
- Figure 33: Global Above 3000 W Hub Motor Market (in US$ Million), 2020-2024
- Figure 34: Global Above 3000 W Hub Motor Market (in US$ Million), 2025-2034
- Figure 35: Global Hub Motor Market by Sales Channel (in %), 2024 & 2034
- Figure 36: Global OEM Hub Motor Market (in US$ Million), 2020-2024
- Figure 37: Global OEM Hub Motor Market (in US$ Million), 2025-2034
- Figure 38: Global Aftermarket Hub Motor Market (in US$ Million), 2020-2024
- Figure 39: Global Aftermarket Hub Motor Market (in US$ Million), 2025-2034
- Figure 40: Global Hub Motor Market by Region (in %), 2024 & 2034
- Figure 41: Europe Hub Motor Market (in US$ Million), 2020-2024
- Figure 42: Europe Hub Motor Market (in US$ Million), 2025-2034
- Figure 43: Europe Hub Motor Market by Country (in %), 2024 & 2034
- Figure 44: Germany Hub Motor Market (in US$ Million), 2020-2034
- Figure 45: United Kingdom Hub Motor Market (in US$ Million), 2020-2034
- Figure 46: France Hub Motor Market (in US$ Million), 2020-2034
- Figure 47: Italy Hub Motor Market (in US$ Million), 2020-2034
- Figure 48: Spain Hub Motor Market (in US$ Million), 2020-2034
- Figure 49: Russia Hub Motor Market (in US$ Million), 2020-2034
- Figure 50: Netherlands Hub Motor Market (in US$ Million), 2020-2034
- Figure 51: North America Hub Motor Market (in US$ Million), 2020-2024
- Figure 52: North America Hub Motor Market (in US$ Million), 2025-2034
- Figure 53: North America Hub Motor Market by Country (in %), 2024 & 2034
- Figure 54: United States Hub Motor Market (in US$ Million), 2020-2034
- Figure 55: Canada Hub Motor Market (in US$ Million), 2020-2034
- Figure 56: Asia Pacific Hub Motor Market (in US$ Million), 2020-2024
- Figure 57: Asia Pacific Hub Motor Market (in US$ Million), 2025-2034
- Figure 58: Asia Pacific Hub Motor Market by Country (in %), 2024 & 2034
- Figure 59: China Hub Motor Market (in US$ Million), 2020-2034
- Figure 60: Japan Hub Motor Market (in US$ Million), 2020-2034
- Figure 61: India Hub Motor Market (in US$ Million), 2020-2034
- Figure 62: South Korea Hub Motor Market (in US$ Million), 2020-2034
- Figure 63: Australia Hub Motor Market (in US$ Million), 2020-2034
- Figure 64: Indonesia Hub Motor Market (in US$ Million), 2020-2034
- Figure 65: Latin America Hub Motor Market (in US$ Million), 2020-2024
- Figure 66: Latin America Hub Motor Market (in US$ Million), 2025-2034
- Figure 67: Latin America Hub Motor Market by Country (in %), 2024 & 2034
- Figure 68: Mexico Hub Motor Market (in US$ Million), 2020-2034
- Figure 69: Brazil Hub Motor Market (in US$ Million), 2020-2034
- Figure 70: Argentina Hub Motor Market (in US$ Million), 2020-2034
- Figure 71: Middle East & Africa Hub Motor Market (in US$ Million), 2020-2024
- Figure 72: Middle East & Africa Hub Motor Market (in US$ Million), 2025-2034
- Figure 73: Middle East & Africa Hub Motor Market by Country (in %), 2024 & 2034
- Figure 74: Saudi Arabia Hub Motor Market (in US$ Million), 2020-2034
- Figure 75: Turkey Hub Motor Market (in US$ Million), 2020-2034
- Figure 76: Iran Hub Motor Market (in US$ Million), 2020-2034
- Figure 77: UAE Hub Motor Market (in US$ Million), 2020-2034
- Figure 78: Market Value Chain
- List of Tables
- Table 1: Global Hub Motor Market Portraiture
- Table 2: Global Hub Motor Market by Installation (in US$ Million), 2024 & 2034
- Table 3: Global Hub Motor Market by Application (in US$ Million), 2024 & 2034
- Table 4: Global Hub Motor Market by Motor Type (in US$ Million), 2024 & 2034
- Table 5: Global Hub Motor Market by Power Output (in US$ Million), 2024 & 2034
- Table 6: Global Hub Motor Market by Sales Channel (in US$ Million), 2024 & 2034
- Table 7: Global Hub Motor Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Hub Motor Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Hub Motor Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Hub Motor Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Hub Motor Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Hub Motor Market by Country (in US$ Million),
- 2024 & 2034
- Table 13: List of Key Players
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook