허브 모터 시장 규모, 점유율, 성장 분석 : 제품 유형별, 모터 유형별, 차종별, 판매 채널별, 출력별, 지역별 - 업계 예측(2026-2033년)

Hub Motor Market was valued at USD 11.86 Million in 2024 and is poised to grow from USD 12.43 Million in 2025 to USD 18.09 Million by 2033, growing at a CAGR of 4.8% during the forecast period (2026-2033).

Hub motors signify a distinctive category of motor-generator units strategically placed within vehicle wheels, enhancing overall efficiency and performance in electric vehicles. Designed to reduce the engine load, these in-wheel motors enable immediate power transmission, facilitating exceptional control and responsiveness. The core setup includes a battery pack, fuel cell, and generator, converting electric energy into rotational motion while eliminating gears for smoother power distribution. This innovative design minimizes rotor and stator contact, increasing durability and reliability. Notably, the electronic commutation process simplifies installation and reduces mechanical losses, making hub motors suitable for various vehicle types. Their individual wheel motors enhance maneuverability and stability, and with ongoing technological advancements, the hub motor market is set for significant growth, contributing to a sustainable transportation future.

Top-down and bottom-up approaches were used to estimate and validate the size of the Hub Motor market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Hub Motor Market Segments Analysis

Global Hub Motor Market is segmented by product type, motor type, vehicle type, sales channel, power output and region. Based on product type, the market is segmented into geared hub motor and gearless hub motor. Based on motor type, the market is segmented into brushless DC motor (BLDC) and brushed DC motor. Based on vehicle type, the market is segmented into electric bikes, electric scooters, electric motorcycles, electric cars and commercial vehicles. Based on sales channel, the market is segmented into OEM (original equipment manufacturer) and aftermarket. Based on power output, the market is segmented into below 1 kW, 1 kW - 3 kW and above 3 kW. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Hub Motor Market

The growing popularity and increasing demand for electric vehicles, such as electric bikes, scooters, and cars, significantly propel the hub motor market forward. Hub motors, known for their compact structure and effective power transmission, play a crucial role in these electric modes of transport. Their design allows for seamless integration into various vehicles, while features like regenerative braking enhance overall energy efficiency. As consumers become more environmentally conscious and embrace sustainable transportation options, the reliance on hub motors in electric vehicles continues to expand, driving innovation and growth within the hub motor sector.

Restraints in the Hub Motor Market

Although hub motors present numerous benefits, their higher costs relative to traditional motors, particularly in the higher power and performance segments, act as a significant barrier to widespread acceptance. The elevated manufacturing and material expenses associated with hub motors limit their accessibility, especially in markets where consumers are sensitive to pricing. As a result, this financial constraint hinders the broader integration of hub motor technology, making it challenging for manufacturers to promote these advanced solutions in competitive environments where affordability remains a crucial factor for potential buyers. This pricing issue remains a pivotal element influencing the growth of the hub motor market.

Market Trends of the Hub Motor Market

The Hub Motor market is experiencing a significant upward trend, fueled by the global shift toward sustainable transportation and the proliferation of electric vehicles (EVs) and e-bikes. As consumers increasingly prioritize eco-friendly commuting options, hub motors have emerged as a preferred propulsion solution due to their efficiency, compact design, and integration ease into various electric mobility platforms, including bicycles, scooters, and even small electric cars. This growing demand aligns with the broader market trajectory toward reducing carbon footprints and enhancing urban mobility, positioning hub motors as a key component in the evolution of electric transportation offerings.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Patent Analysis
• Case Studies
• Raw Material Analysis

Global Hub Motor Market Size by Product Type & CAGR (2026-2033)

• Market Overview
• Geared Hub Motor
• Gearless Hub Motor

Global Hub Motor Market Size by Motor Type & CAGR (2026-2033)

• Market Overview
• Brushless DC Motor (BLDC)
• Brushed DC Motor

Global Hub Motor Market Size by Vehicle Type & CAGR (2026-2033)

• Market Overview
• Electric Bikes
• Electric Scooters
• Electric Motorcycles
• Electric Cars
• Commercial Vehicles

Global Hub Motor Market Size by Sales Channel & CAGR (2026-2033)

• Market Overview
• OEM (Original Equipment Manufacturer)
• Aftermarket

Global Hub Motor Market Size by Power Output & CAGR (2026-2033)

• Market Overview
• Below 1 kW
• 1 kW - 3 kW
• Above 3 kW

Global Hub Motor Market Size & CAGR (2026-2033)

• North America (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • US
  • Canada
• Europe (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Motor Type, Vehicle Type, Sales Channel, Power Output)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2021-2023)

Key Company Profiles

• QSMotor (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Elaphe Propulsion Technologies Ltd. (Slovenia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schaeffler Technologies AG & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Michelin Group (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• ZF Friedrichshafen AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yamaha Motor Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Robert Bosch GmbH (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Siemens AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Allied Motion Technologies Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HEINZMANN GmbH & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Protean Electric (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GO SwissDrive AG (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TDCM Corporation Limited (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bafang Electric (Suzhou) Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nidec Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Panasonic Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Brose Fahrzeugteile GmbH & Co. KG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Magna International Inc. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Continental AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations