Press release
Electric Vehicle Hub Motor Market Size Driven by Rising EV Adoption, Expected to Reach US$ 52.6 Billion by 2035 - TMR Analysis
Electric Vehicle Hub Motor Market
The global electric vehicle (EV) hub motor industry was valued at US$ 14.6 Bn in 2024 and is projected to reach US$ 52.6 Bn by 2035, expanding at a robust CAGR of 12.1% from 2025 to 2035. Growth is being fueled by the rapid electrification of vehicles, demand for compact and high-efficiency drivetrain systems, and the global shift toward lightweight, energy-efficient, and maintenance-free electric propulsion technologies.
👉 Do not miss the latest market intelligence. Get your sample report copy today@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38111
Market Overview
An electric vehicle hub motor is an advanced propulsion system where the electric motor is integrated directly into the wheel hub, eliminating the need for conventional drivetrain components like axles and transmissions. This design improves energy efficiency, torque control, and regenerative braking capabilities, while also allowing more space for battery placement and vehicle interior design optimization.
The market is witnessing increased adoption across electric bikes, passenger cars, and commercial EVs, supported by favorable government policies and advancements in motor control electronics, materials, and cooling systems.
Market Description
Key Types of Hub Motors:
• Gearless Hub Motors
• Geared Hub Motors
Primary Applications:
• Electric Two-Wheelers (e-bikes, scooters)
• Electric Passenger Cars
• Electric Commercial Vehicles
• Electric Buses
Major Benefits of Hub Motors:
• Reduced mechanical losses and higher drivetrain efficiency
• Lightweight and compact vehicle architecture
• Easier vehicle assembly and maintenance
• Enhanced regenerative braking performance
• Better torque distribution and ride stability
Analysis of Key Manufacturers in the EV Hub Motor Market
Leading manufacturers are focusing on innovative motor designs, integration with advanced battery management systems (BMS), and the use of high-performance materials to boost torque, efficiency, and thermal stability.
Prominent Companies Operating in the Global EV Hub Motor Market:
• QS MOTOR GROUP LTD
• Robert Bosch GmbH
• NTN Corporation
• TDCM
• Elaphe LTD
• Kolektor
• Bafang Electric (Suzhou) Co., Ltd.
• GEM Motors d.o.o.
• Heinzmann GmbH & Co. KG
• Cutler MAC (Shanghai) Brushless Motor Co., Ltd
• HYUNDAI MOTOR GROUP
• YASA Limited
• TAJIMA MOTOR CORPORATION
• Suzhou Shengyi Motor Co., Ltd.
• Suzhou Tongsheng Electric Appliances Co., Ltd.
• Belrise Industries
These players are increasingly collaborating with automotive OEMs to co-develop next-generation in-wheel motor systems for both passenger and commercial EV applications.
Key Developments in the EV Hub Motor Market
• In May 2025, Belrise Industries Ltd. made its entry into the EV hub motor segment with a technology partnership with a prominent Chinese player. As part of this strategic expansion, the company is opening three new manufacturing facilities in India-two in Chennai to manufacture metal components and one in Pune for making hub motors and chargers. The Pune facility is likely to become operational in Q1 FY26.
• This move represents Belrise's foray into electromechanical systems from conventional mechanical parts, looking to raise its content per electric two-wheeler from 10-15% to 20-25%. The tie-up allows Belrise to localize and indigenize cutting-edge hub motor technologies appropriate to Indian conditions, in line with its larger strategy of enhancing OEM integration and expanding its EV portfolio.
👉 Discuss Implications for Your Industry Request Sample Research PDF@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38111
Key Player Strategies
⚙️ Integration with Smart Vehicle Systems
EV hub motors are increasingly linked with AI-based torque control and connected vehicle platforms for optimized performance.
🔋 Focus on Energy Efficiency
Manufacturers are enhancing motor power density and regenerative braking efficiency to extend EV driving ranges.
🌍 Lightweight Design & Sustainability
Use of advanced composite materials and recyclable metals to reduce carbon footprint and improve efficiency.
📈 Strategic OEM Collaborations
Partnerships between motor manufacturers and EV OEMs are accelerating product innovation and large-scale deployment.
🛰️ Digital Simulation & Predictive Maintenance
Integration of IoT and digital twin technologies for real-time diagnostics and performance optimization.
Challenges
• High manufacturing and integration costs of in-wheel systems
• Complex heat management due to limited wheel space
• Durability concerns under harsh road and weather conditions
• Limited standardization in control systems across vehicle types
Opportunities
🚗 Growing EV Adoption Worldwide
Increasing global EV sales and government incentives are directly boosting demand for efficient hub motor systems.
⚡ Urban Mobility and Micro-EVs
Rising popularity of electric scooters, e-bikes, and compact EVs presents vast opportunities for hub motor integration.
🌿 Sustainable and Lightweight Vehicle Design
Shift toward energy-efficient architectures supports broader acceptance of in-wheel propulsion systems.
🏭 Advancements in Motor Materials
Development of high-performance magnets and composite alloys is improving torque output and system reliability.
📦 Retrofitting and Aftermarket Potential
Growing market for hub motor retrofit kits in existing vehicles offers new business models for manufacturers.
Market Segmentations
➤ By Motor Type
• Gearless Hub Motors
• Geared Hub Motors
➤ By Vehicle Type
• Electric Two-Wheelers
• Passenger Cars
• Commercial Vehicles
• Buses
➤ By Power Output
• Below 1 kW
• 1-3 kW
• Above 3 kW
➤ By Propulsion Type
• Battery Electric Vehicles (BEVs)
• Plug-in Hybrid Electric Vehicles (PHEVs)
➤ By Region
• Asia Pacific - Leading market driven by China, Japan, and India
• Europe - Strong adoption due to green mobility initiatives
• North America - Rising investment in EV R&D and infrastructure
• Latin America & Middle East - Emerging opportunities in urban e-mobility
Why Invest in the EV Hub Motor Market Report?
✅ Long-term forecasts up to 2035 for data-driven strategic planning
✅ In-depth analysis of global manufacturers and emerging startups
✅ Insights on EV drivetrain innovation and smart mobility trends
✅ Technology roadmap on magnet design, control systems, and energy efficiency
✅ Regional demand mapping and opportunity benchmarking
👉 To buy this comprehensive market research report, click here to inquire@ https://www.transparencymarketresearch.com/checkout.php?rep_id=38311<ype=S
Conclusion
The global electric vehicle hub motor market is set to witness remarkable expansion as automakers embrace compact, efficient, and intelligent propulsion systems to meet the evolving demands of modern mobility. By 2035, hub motors are expected to redefine EV design and performance, supporting a new era of lightweight, sustainable, and digitally connected electric vehicles that will power the next generation of transportation innovation.
More Trending Research Reports-
• Smart EV Charger Market - https://www.transparencymarketresearch.com/smart-ev-charger-market.html
• Vehicle-to-Grid Technology Market - https://www.transparencymarketresearch.com/vehicle-to-grid-technology-market.html
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Vehicle Hub Motor Market Size Driven by Rising EV Adoption, Expected to Reach US$ 52.6 Billion by 2035 - TMR Analysis here
News-ID: 4264613 • Views: …
More Releases from Transparency Market Research Pvt Ltd
Sheet Metal Fabrication Services Market Size to Reach US$ 7.1 Billion by 2035 am …
Sheet Metal Fabrication Services Market Outlook 2035
The global sheet metal fabrication services industry was valued at US$ 4.6 Bn in 2024 and is projected to reach US$ 7.1 Bn by 2035, growing at a CAGR of 4.0% from 2025 to 2035. Market growth is driven by the rising demand for precision-engineered components, expanding automotive, aerospace, and construction sectors, and increasing adoption of automation and CNC-based fabrication technologies.
👉 Do not miss…
Rising Demand for PET Imaging Agents to Drive Global Fluorine-18 Market Beyond U …
Fluorine-18 Market Outlook 2035
The global fluorine-18 market was valued at US$ 1.9 Billion in 2024 and is projected to cross US$ 3.2 Billion by the end of 2035, expanding at a CAGR of 4.8% from 2025 to 2035. Market growth is primarily driven by the rising demand for positron emission tomography (PET) imaging in oncology, neurology, and cardiology diagnostics. Increasing adoption of radioisotopes in advanced medical imaging and the expansion…
Spectrometry Market Size to Reach US$ 40.0 Billion by 2035 amid Growing Adoption …
Spectrometry Market Outlook 2035
The global spectrometry market was valued at US$ 19.8 Bn in 2024 and is projected to reach US$ 40.0 Bn by 2035, expanding at a CAGR of 6.5% from 2025 to 2035. The growth of the market is primarily driven by the rising demand for advanced analytical techniques in pharmaceuticals, biotechnology, environmental testing, and food safety. Spectrometry technologies are becoming indispensable tools for precise chemical analysis, molecular…
Technological Advancements and Modular Construction Solutions to Boost North Ame …
North America Pre-Engineered Steel Building Market Outlook 2035
The North America pre-engineered steel building (PEB) market was valued at US$ 4.0 Bn in 2024 and is projected to reach US$ 7.5 Bn by 2035, growing at a CAGR of 5.7% from 2025 to 2035. Market growth is driven by the increasing demand for cost-effective, quick-to-construct, and durable building solutions across industrial, commercial, and institutional sectors. The versatility of pre-engineered steel buildings,…
More Releases for Motor
SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of…
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market.
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market
Key Market Competitors: Global…
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor …
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%.
Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structures…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator.
Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market
The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in…
