The global hub motor market reached approximately USD 10.06 Billion in 2025. The market is projected to grow at a CAGR of 5.30% between 2026 and 2035, reaching a value of around USD 16.86 Billion by 2035.
Base Year
Historical Period
Forecast Period
Continuous innovation in hub motor design and manufacturing is leading to more efficient, powerful, and compact motors.
There is a growing trend towards offering customisable and intelligent hub motor solutions for enhanced performance monitoring.
The rising health and fitness trend in North America is fuelling the demand for e-bikes and consequently hub motors.
Compound Annual Growth Rate
5.3%
Value in USD Billion
2026-2035
*this image is indicative*
A hub motor is an electrical motor attached to the wheels of a two-wheeled electronic vehicle. It is also known as wheel hub motor, wheel motor, wheel hub drive, and in-wheel motor, and is installed to achieve a high level of flexibility and efficiency. The integration of hub motors into the wheel hub leads to a simpler and more compact design, reducing the number of parts and potential points of failure.
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The hub motor market development can be attributed to the rising number of electric vehicles. The Hub motor is integrated into a vehicle’s wheel hub and uses electric energy stored in the battery by converting it into rotary motion. In addition, the hub motor demand can be associated with favourable factors such as easy installation of a hub motor, cost-effectiveness, and as hub motors are free from gears and transmissions, they increase the overall efficiency of the vehicle. Furthermore, the flexibility, compact and lightweight designs, high power efficiency and elasticity that reduce maintenance costs and provide a smooth driving experience are further aiding the market growth.
Advancements in motor efficiency and power; reduction of mechanical loss; smart and connected features; and favourable government policies and investments are the major trends impacting the hub motor market expansion
Innovations in materials, design, and control systems are enabling these motors to deliver better performance with higher torque and efficiency.
Hub motors in electric vehicles minimise the requirement for axles, transmissions, and drivelines, aiding the reduction of mechanical losses between the components of wheel and engine.
With the rise of the Internet of Things (IoT) and smart technologies, hub motors are being integrated into connected systems that offer enhanced user experiences.
These policies are aimed at the production of pollution-free electronic vehicles.
Continuous advancements in hub motor technology are pivotal in enhancing the performance, efficiency, and appeal of electric vehicles (EVs). These improvements are driven by innovations in materials, design, and control systems, each contributing to the hub motor market development. For example, the use of rare-earth magnets, such as neodymium magnets, which have high magnetic strength, allows for smaller, lighter motors with higher efficiency and power output. These magnets enable the motors to produce more torque from a compact package, improving the vehicle's acceleration and hill-climbing capabilities.
Market players are developing partnerships to develop high-end hub motors. Flash announced its collaboration with GEM Motors in February 2023 which marks a significant development in the electric vehicle (EV) sector, particularly in the realm of hub motor technology for various electric vehicle segments. This collaboration signifies a strategic partnership aimed at leveraging the strengths of both companies to advance the design, efficiency, and application of hub motors across a range of electric vehicles, including electric bicycles (e-bikes), electric scooters (e-scooters), electric motorcycles, and potentially lightweight electric cars.
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“Hub Motor Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Vehicle Type
Market Breakup by Installation Type
Market Breakup by Output
Market Breakup by Distribution Channel
Market Breakup by Region
E-bikes maintain their dominance in the market due to their cost-effective nature as well as rising usage as an urban transport solution
E-bikes hold the highest share in the hub motor market. First, the global demand for e-bikes has surged significantly in recent years, driven by factors such as growing environmental concerns, increasing awareness about health and fitness, and the rising need for efficient, cost-effective urban mobility solutions. E-bikes offer an accessible entry point into electric mobility, appealing to a wide demographic due to their affordability, ease of use, and the fact that they often don't require a driver's license or registration in many jurisdictions. Additionally, many countries have implemented policies and incentives to promote the use of e-bikes, further bolstering their adoption.
E-scooters are anticipated to gain sizeable growth in the market in the coming years. Their popularity has grown rapidly, particularly in urban areas, as they offer a convenient and agile mode of transportation for short to medium distances. E-scooters are widely used for daily commutes, leisure activities, and increasingly, in shared mobility platforms (e-scooter sharing services).
OEM (original equipment manufacturer) accounts for a major hub motor market share due to the rising sales of EVs already equipped with electric motors
The OEM (original equipment manufacturer) segment typically holds the highest share. OEMs are companies that manufacture parts and equipment that may be marketed by another manufacturer. The growth in electric mobility has led to an increase in the production of new electric vehicles, each equipped with one or more hub motors. Many consumers prefer purchasing new EVs that come with warranties and the latest technology, contributing to higher sales volumes for OEM hub motors. The integration of hub motors during the manufacturing process ensures optimal performance, reliability, and compatibility with the vehicle's design.
Aftermarket is anticipated to grow significantly in the hub motor market in the forecast period. Aftermarket refers to the manufacturing, distribution, and retailing of parts and accessories that are not sourced from the vehicle's original manufacturer. They provide replacement motors for out-of-warranty repairs or when the original hub motor fails as well as options for enthusiasts and consumers looking to upgrade their EVs for better performance, range, or features.
The demand for hub motors in the Asia Pacific region is notably high and continues to grow. Rapid urbanisation in many Asia Pacific countries has led to increased traffic congestion and pollution in urban centres. Electric vehicles, especially e-bikes and e-scooters, offer a convenient and efficient solution for short to medium-distance urban commutes, helping to alleviate these issues. Governments across the Asia Pacific region are implementing policies and incentives to promote the adoption of electric vehicles as part of their efforts to reduce carbon emissions and combat air pollution. These measures include subsidies for EV purchases, investment in charging infrastructure, and restrictions on the use of fossil fuel-powered vehicles in certain areas.
The hub motor market in North America is expected to be on an upward trajectory in the coming years. There is a growing trend in North America towards health and fitness, with more people looking for active modes of transportation. E-bikes, in particular, offer a way to combine exercise with commuting, appealing to individuals seeking to incorporate more physical activity into their daily routines.
The players are forming partnerships with EV manufacturers to become their preferred or exclusive suppliers of hub motors
Schaeffler Technologies AG & Co. KG, founded in 1946 and headquartered in Herzogenaurach, Germany, specializes in electric motors, power electronics, and components, along with e-axles and wheel hub motors.
Accell Group N.V., established in 1998 in Heerenveen, Netherlands, offers a wide range of bicycles including mountain bikes, road bikes, e-bikes, city bikes, trekking bikes, children's bikes, and various cycling accessories and components.
Elaphe Propulsion Technologies Ltd., founded in 2006 in Ljubljana, Slovenia, focuses on direct-drive in-wheel motors, power electronics, and software for vehicle control and integration.
Robert Bosch GmbH, with a founding year of 1886 in Gerlingen, Germany, specialises in electrical drives, control units, electric motors, battery systems, and regenerative braking systems.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Companies such as QS Motor Ltd in the hub motor market are engaging in a variety of strategies to enhance their competitive position, cater to the evolving demands of consumers, and capitalise on the growth opportunities presented by the expanding electric vehicle (EV) sector. For instance, they are developing more efficient and powerful hub motors that offer better performance, including higher torque for improved acceleration and climbing capabilities.
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The global hub motor market attained a value of nearly USD 10.06 Billion in 2025.
The market is projected to grow at a CAGR of 5.30% in the forecast period of 2026-2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 16.86 Billion by 2035.
The rising demand for hub motors due to their favourable features and the growing popularity of electric vehicles are the major market drivers.
Technological advancements and innovations, the introduction of favourable government policies aimed at fuelling the use of environmentally friendly vehicles, and the growing awareness regarding the benefits of electric vehicles are the key trends propelling the market.
The major regional markets for hub motor are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
E-bike, e-scooter, and e-motorcycle are the different vehicle types considered in the market report.
The major installation types of hub motor are front hub motor and rear hub motor.
The various outputs of hub motor are below 1000W, 1000-3000W, and above 3000W.
The significant distribution channels of hub motor are original equipment manufacturer (OEM) and aftermarket.
The major players in the market are Schaeffler Technologies AG & Co. KG, QS Motor Ltd, Elaphe Propulsion Technologies Ltd., Robert Bosch GmbH, and Accell Group N.V., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Vehicle Type |
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| Breakup by Installation Type |
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| Breakup by Output |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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