In-wheel Hub Motors Market Share Driven by EV Adoption and Advanced Powertrain Innovations | Valuates Reports

In-wheel Hub Motors Market
The global market for In-wheel Hub Motors was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

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The In-wheel Hub Motors market is experiencing notable market growth as electric vehicle manufacturers increasingly adopt compact and efficient propulsion systems. By integrating the motor directly into the wheel hub, this technology enhances vehicle design flexibility, improves energy efficiency, and supports the global shift toward sustainable transportation. With governments promoting electrification and automakers investing in next-generation drivetrains, the market size is expanding in line with evolving market trends.

By type, the less than 700 Nm segment holds the largest market share, widely applied in passenger cars and light-duty vehicles where balanced torque and efficiency are critical. The more than 700 Nm segment is witnessing rapid market growth as it addresses the needs of high-performance electric vehicles and heavy-duty applications, offering greater torque and power output to meet demanding driving conditions.

By application, passenger vehicles dominate the market share, supported by rising demand for compact electric cars and the integration of hub motors for improved handling and design flexibility. The commercial vehicle segment is projected to grow quickly as logistics operators and public transport providers adopt in-wheel hub motors to improve efficiency, reduce maintenance, and align with emission reduction goals.

Looking forward, the market forecast highlights strong opportunities driven by advancements in motor design, lightweight materials, and battery technologies that enable higher efficiency and durability. As adoption widens across both consumer and commercial sectors, the In-wheel Hub Motors market is set to play a key role in reshaping electric mobility and supporting long-term market growth.

by Type

• Less than 700 Nm
• More than 700 Nm

by Application

• Passenger Vehicles
• Commercial Vehicles

By Company

Protean Electric, Ziehl-Abegg, Schaeffler Technologies, ZF Friedrichshafen, Elaphe, Heinzmann GmbH, TM4, Evans Electric, Siemens, Kolektor, Printed Motor Works, NSK, NTN Corporation, GEM Motors, e-Traction, Hyundai Mobis, YASA Limited

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This release was published on openPR.