Hub Motor Global Market Report 2025

Hub Motor Global Market Report 2025 – By Motor (Geared Hub Motor, Gearless Hub Motor), By Power Output (Below 1000 W, 1000–3000 W, Above 3000 W), By Vehicle Type (Electric Bike (E-Bike), Electric Motorcycle (E-Motorcycle), Electric Scooter (E-Scooter), Electric Passenger Vehicles, Electric Utility Vehicles, Electric Heavy-Duty Vehicles, Other Vehicles), By Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) – Market Size, Trends, And Global Forecast 2025-2034

Name: Hub Motor Global Market Report 2025
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Hub Motor Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Hub Motor Market Definition

A hub motor is an integrated electric propulsion system located within a vehicle's wheel hub, facilitating direct drive without the need for a traditional transmission system. These motors are utilized in electric vehicles to provide efficient propulsion and streamline drivetrain complexity.

The main types motor in the hub motor market includes geared hub motor and gearless hub motor, catering to different performance and efficiency needs in electric vehicles. Power output categories include below 1000 W, 1000–3000 W, and above 3000 W, addressing varying requirements. Vehicle types encompass electric bike (E-bike), electric motorcycle (E-motorcycle), Electric Scooter (E-Scooter), electric passenger vehicles, electric utility vehicles, electric heavy-duty vehicles, and other vehicles. These segments are distributed through sales channels such as original equipment manufacturer (OEM) and aftermarket.

Hub Motor Market Segmentation

The hub motor market covered in this report is segmented –

1) By Motor: Geared Hub Motor, Gearless Hub Motor

2) By Power Output: Below 1000 W, 1000–3000 W, Above 3000 W

3) By Vehicle Type: Electric Bike (E-Bike), Electric Motorcycle (E-Motorcycle), Electric Scooter (E-Scooter), Electric Passenger Vehicles, Electric Utility Vehicles, Electric Heavy-Duty Vehicles, Other Vehicles

4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Subsegments:

1) By Geared Hub Motor: Internal Geared Hub Motor, External Geared Hub Motor, Dual Gear Hub Motor, High Torque Geared Hub Motor

2) By Gearless Hub Motor: Direct Drive Hub Motor, Brushless Gearless Hub Motor, High-Speed Gearless Hub Motor, Low Power Gearless Hub Motor

Hub Motor Market Size and growth rate 2025 to 2029: Graph

Hub Motor Market Size 2025 And Growth Rate

The hub motor market size has grown strongly in recent years. It will grow from $13.34 billion in 2024 to $14.16 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rising demand for electric vehicles, government subsidies and incentives, environmental awareness, increasing urbanization, and consumer preference for eco-friendly transportation.

Hub Motor Market Growth Forecast

The hub motor market size is expected to see strong growth in the next few years. It will grow to $17.74 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to the adoption of smart transportation solutions, regulatory support for electric vehicles, the development of fast-charging infrastructure, an increasing focus on sustainable mobility, and a rise in disposable incomes. Major trends in the forecast period include a shift towards shared mobility, the development of compact electric vehicles, enhancements in energy efficiency, customization and personalization options, and the convergence of mobility and digital technologies.

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Hub Motor Market Driver: Rising Demand For Electric Vehicles Drives Hub Motor Market Growth Globally

The increasing demand for electric vehicles is expected to propel the growth of the hub motor market going forward. Electric vehicles (EVs) refer to automobiles that are powered either entirely or partially by electricity stored in rechargeable batteries rather than by internal combustion engines. Increased demand is supported by advancements in technology, government incentives, environmental consciousness, progress in battery technology, and growing consumer preference for environmentally friendly transportation. The hub motor significantly contributes to the increased demand for electric vehicles by facilitating efficient and compact integration of electric propulsion systems, improving performance and range capabilities, and reducing space and weight requirements. For instance, in April 2024, according to the data shared by the International Energy Agency, a France-based autonomous organization, the global registration of nearly 14 million new electric cars in 2023 that totaled on the roads to EVs to 40 million. The sales forecast from the 2023 edition of the Global EV Outlook (GEVO-2023) for electric car saw a 3.5 million increase from 2022, marking a 35% year-on-year rise, with electric cars accounting for around 18% of all cars sold in 2023, up from 14% in 2022. Therefore, increasing demand for electric vehicles is boosting demand in the hub motor market.

Global Hub Motor Market Major Players

Major companies operating in the hub motor market are Robert Bosch GmbH, Siemens AG, Schaeffler AG, NSK Ltd., NTN Corporation, Accell Group, ZIEHL-ABEGG, Kolektor, Elaphe Propulsion Technologies Ltd., Heinzmann GmbH & Co. KG, TDCM, Evans Electric, Leaf Motor, Printed Motor Works, QS MOTOR LTD, Tajima Motor Corporation, Auto Forest, Boom Motors, VR ENGINEERS, CHANGZHOU MXUS IMP& EXP CO. LTD, Leaf Bike

Global Hub Motor Market Trend: MAHLE Smartbike's Hub Motor System Enhances ebike Performance Innovatively

Major companies operating in the hub motor market are developing innovative products, such as electric bicycle (e-bike) hub motor systems, to provide great performance on any terrain with advanced and efficient options. Electric bicycle (e-bike) hub motor systems refer to integrated propulsion units located within the bicycle's hub, enabling electric assistance for pedal-powered bicycles. For instance, in June 2024, MAHLE SmartBike Systems, a Spain-based eBike company, launched the MAHLE X30 drive system. This integrates a powerful 45 Nm torque hub motor that weighs only 1.9 kg, offering enhanced efficiency and range with up to 190 km on a single charge. Its seamless integration with MAHLE's digital ecosystem and adaptive AI-driven assistance represent significant advancements, making IT a compelling choice for eBike manufacturers seeking high-performance, customizable solutions in the competitive hub motor market.

Hub Motor Market Merger And Acquisition: Midea Group's Strategic Acquisition of Wuhan TTium Motor Technology to Expand in the E-Mobility Market

In April 2022, Midea Group Co Ltd, a China-based small electrical appliance manufacturing company, acquired Wuhan TTium Motor Technology Co., Ltd. for an undisclosed amount. The acquisition aims to establish Midea in the green two-wheel vehicle market and broaden its product offerings. This moves leverages TTIUM’s motor technology expertise, strengthening Midea’s position in the global e-mobility sector. Wuhan TTium Motor Technology Co., Ltd. is a China-based manufacturing company that specializes in providing hub motors.

Regional Outlook For The Global Hub Motor Market

Asia-Pacific was the largest region in the hub motor market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the hub motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hub motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Hub Motor Market?

The hub motor market consists of sales of electric skateboards, electric wheelchairs, electric unicycles, electric rollerblades, and electric kick scooters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Hub Motor Industry?

The hub motor market research report is one of a series of new reports from The Business Research Company that provides hub motor market statistics, including hub motor industry global market size, regional shares, competitors with a hub motor market share, detailed hub motor market segments, market trends and opportunities, and any further data you may need to thrive in the hub motor industry. This hub motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Hub Motor Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$14.16 billion
Revenue Forecast In 2034	$17.74 billion
Growth Rate	CAGR of 5.8% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Motor: Geared Hub Motor, Gearless Hub Motor 2) By Power Output: Below 1000 W, 1000–3000 W, Above 3000 W 3) By Vehicle Type: Electric Bike (E-Bike), Electric Motorcycle (E-Motorcycle), Electric Scooter (E-Scooter), Electric Passenger Vehicles, Electric Utility Vehicles, Electric Heavy-Duty Vehicles, Other Vehicles 4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket Subsegments: 1) By Geared Hub Motor: Internal Geared Hub Motor, External Geared Hub Motor, Dual Gear Hub Motor, High Torque Geared Hub Motor 2) By Gearless Hub Motor: Direct Drive Hub Motor, Brushless Gearless Hub Motor, High-Speed Gearless Hub Motor, Low Power Gearless Hub Motor
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Robert Bosch GmbH, Siemens AG, Schaeffler AG, NSK Ltd., NTN Corporation, Accell Group, ZIEHL-ABEGG, Kolektor, Elaphe Propulsion Technologies Ltd., Heinzmann GmbH & Co. KG, TDCM, Evans Electric, Leaf Motor, Printed Motor Works, QS MOTOR LTD, Tajima Motor Corporation, Auto Forest, Boom Motors, VR ENGINEERS, CHANGZHOU MXUS IMP& EXP CO. LTD, Leaf Bike
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Hub Motor Market Characteristics

3. Hub Motor Market Trends And Strategies

4. Hub Motor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Hub Motor Growth Analysis And Strategic Analysis Framework

5.1. Global Hub Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Hub Motor Market Growth Rate Analysis

5.4. Global Hub Motor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Hub Motor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Hub Motor Total Addressable Market (TAM)

6. Hub Motor Market Segmentation

6.1. Global Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Geared Hub Motor

Gearless Hub Motor

6.2. Global Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Below 1000 W

1000–3000 W

Above 3000 W

6.3. Global Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Bike (E-Bike)

Electric Motorcycle (E-Motorcycle)

Electric Scooter (E-Scooter)

Electric Passenger Vehicles

Electric Utility Vehicles

Electric Heavy-Duty Vehicles

Other Vehicles

6.4. Global Hub Motor Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Original Equipment Manufacturer (OEM)

Aftermarket

6.5. Global Hub Motor Market, Sub-Segmentation Of Geared Hub Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Internal Geared Hub Motor

External Geared Hub Motor

Dual Gear Hub Motor

High Torque Geared Hub Motor

6.6. Global Hub Motor Market, Sub-Segmentation Of Gearless Hub Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Direct Drive Hub Motor

Brushless Gearless Hub Motor

High-Speed Gearless Hub Motor

Low Power Gearless Hub Motor

7. Hub Motor Market Regional And Country Analysis

7.1. Global Hub Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Hub Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Hub Motor Market

8.1. Asia-Pacific Hub Motor Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Hub Motor Market

9.1. China Hub Motor Market Overview

9.2. China Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Hub Motor Market

10.1. India Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Hub Motor Market

11.1. Japan Hub Motor Market Overview

11.2. Japan Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Hub Motor Market

12.1. Australia Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Hub Motor Market

13.1. Indonesia Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Hub Motor Market

14.1. South Korea Hub Motor Market Overview

14.2. South Korea Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Hub Motor Market

15.1. Western Europe Hub Motor Market Overview

15.2. Western Europe Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Hub Motor Market

16.1. UK Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Hub Motor Market

17.1. Germany Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Hub Motor Market

18.1. France Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Hub Motor Market

19.1. Italy Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Hub Motor Market

20.1. Spain Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Hub Motor Market

21.1. Eastern Europe Hub Motor Market Overview

21.2. Eastern Europe Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Hub Motor Market

22.1. Russia Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Hub Motor Market

23.1. North America Hub Motor Market Overview

23.2. North America Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Hub Motor Market

24.1. USA Hub Motor Market Overview

24.2. USA Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Hub Motor Market

25.1. Canada Hub Motor Market Overview

25.2. Canada Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Hub Motor Market

26.1. South America Hub Motor Market Overview

26.2. South America Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Hub Motor Market

27.1. Brazil Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Hub Motor Market

28.1. Middle East Hub Motor Market Overview

28.2. Middle East Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Hub Motor Market

29.1. Africa Hub Motor Market Overview

29.2. Africa Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Hub Motor Market Competitive Landscape And Company Profiles

30.1. Hub Motor Market Competitive Landscape

30.2. Hub Motor Market Company Profiles

30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Schaeffler AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. NSK Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. NTN Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Hub Motor Market Other Major And Innovative Companies

31.1. Accell Group

31.2. ZIEHL-ABEGG

31.3. Kolektor

31.4. Elaphe Propulsion Technologies Ltd.

31.5. Heinzmann GmbH & Co. KG

31.6. TDCM

31.7. Evans Electric

31.8. Leaf Motor

31.9. Printed Motor Works

31.10. QS MOTOR LTD

31.11. Tajima Motor Corporation

31.12. Auto Forest

31.13. Boom Motors

31.14. VR ENGINEERS

31.15. CHANGZHOU MXUS IMP& EXP CO. LTD

32. Global Hub Motor Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Hub Motor Market

34. Recent Developments In The Hub Motor Market

35. Hub Motor Market High Potential Countries, Segments and Strategies

35.1 Hub Motor Market In 2029 - Countries Offering Most New Opportunities

35.2 Hub Motor Market In 2029 - Segments Offering Most New Opportunities

35.3 Hub Motor Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Hub Motor Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Hub Motor Market, Sub-Segmentation Of Geared Hub Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Hub Motor Market, Sub-Segmentation Of Gearless Hub Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Hub Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Hub Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Asia-Pacific, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: China, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: India, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: Japan, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Australia, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Indonesia, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: South Korea, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: Western Europe, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: UK, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: Germany, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: France, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: Italy, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Spain, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Eastern Europe, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Russia, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: North America, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: USA, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: Canada, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: South America, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: Brazil, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Middle East, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Africa, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Robert Bosch GmbH Financial Performance

Table 78: Siemens AG Financial Performance

Table 79: Schaeffler AG Financial Performance

Table 80: NSK Ltd. Financial Performance

Table 81: NTN Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Hub Motor Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Hub Motor Market, Sub-Segmentation Of Geared Hub Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Hub Motor Market, Sub-Segmentation Of Gearless Hub Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Hub Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Hub Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Asia-Pacific, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: China, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: India, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: Japan, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Australia, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Indonesia, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: South Korea, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: Western Europe, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: UK, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: Germany, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: France, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: Italy, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Spain, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Eastern Europe, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Russia, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: North America, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: USA, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: Canada, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: South America, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: Brazil, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Middle East, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Africa, Hub Motor Market, Segmentation By Motor, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Hub Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Hub Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Robert Bosch GmbH Financial Performance

Figure 78: Siemens AG Financial Performance

Figure 79: Schaeffler AG Financial Performance

Figure 80: NSK Ltd. Financial Performance

Figure 81: NTN Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the Hub Motor market?

How will the Hub Motor market drivers and restraints affect the market dynamics? What forces will shape the Hub Motor industry going forward?

The Hub Motor market major growth driver - Rising Demand For Electric Vehicles Drives Hub Motor Market Growth Globally. For further insights on the Hub Motor market, request a sample here

What is the forecast market size or the forecast market value of the Hub Motor market?

The Hub Motor market size has grown strongly in recent years. The hub motor market size has grown strongly in recent years. It will grow from $13.34 billion in 2024 to $14.16 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rising demand for electric vehicles, government subsidies and incentives, environmental awareness, increasing urbanization, and consumer preference for eco-friendly transportation. The hub motor market size is expected to see strong growth in the next few years. It will grow to $17.74 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to the adoption of smart transportation solutions, regulatory support for electric vehicles, the development of fast-charging infrastructure, an increasing focus on sustainable mobility, and a rise in disposable incomes. Major trends in the forecast period include a shift towards shared mobility, the development of compact electric vehicles, enhancements in energy efficiency, customization and personalization options, and the convergence of mobility and digital technologies. For further insights on the Hub Motor market, request a sample here

How is the Hub Motor market segmented?

The hub motor market covered in this report is segmented –
1) By Motor: Geared Hub Motor, Gearless Hub Motor
2) By Power Output: Below 1000 W, 1000–3000 W, Above 3000 W
3) By Vehicle Type: Electric Bike (E-Bike), Electric Motorcycle (E-Motorcycle), Electric Scooter (E-Scooter), Electric Passenger Vehicles, Electric Utility Vehicles, Electric Heavy-Duty Vehicles, Other Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Geared Hub Motor: Internal Geared Hub Motor, External Geared Hub Motor, Dual Gear Hub Motor, High Torque Geared Hub Motor
2) By Gearless Hub Motor: Direct Drive Hub Motor, Brushless Gearless Hub Motor, High-Speed Gearless Hub Motor, Low Power Gearless Hub Motor For further insights on the Hub Motor market, request a sample here

Which region has the largest share of the Hub Motor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the hub motor market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the hub motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Hub Motor market, request a sample here.

Who are the major players in the Hub Motor market?

Major companies operating in the hub motor market are developing innovative products, such as electric bicycle (e-bike) hub motor systems, to provide great performance on any terrain with advanced and efficient options. Electric bicycle (e-bike) hub motor systems refer to integrated propulsion units located within the bicycle's hub, enabling electric assistance for pedal-powered bicycles. For instance, in June 2024, MAHLE SmartBike Systems, a Spain-based eBike company, launched the MAHLE X30 drive system. This integrates a powerful 45 Nm torque hub motor that weighs only 1.9 kg, offering enhanced efficiency and range with up to 190 km on a single charge. Its seamless integration with MAHLE's digital ecosystem and adaptive AI-driven assistance represent significant advancements, making it a compelling choice for eBike manufacturers seeking high-performance, customizable solutions in the competitive hub motor market.. For further insights on the Hub Motor market, request a sample here.

What are the key trends in the Hub Motor market?

Major trends in the Hub Motor market include MAHLE Smartbike's Hub Motor System Enhances ebike Performance Innovatively. For further insights on the Hub Motor market, request a sample here.

What are the major opportunities in the Hub Motor market? What are the strategies for the Hub Motor market?

For detailed insights on the major opportunities and strategies in the Hub Motor market, request a sample here.

How does the Hub Motor market relate to the overall economy and other similar markets?

For detailed insights on Hub Motor's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Hub Motor industry?

For detailed insights on the mergers and acquisitions in the Hub Motor industry, request a sample here.

What are the key dynamics influencing the Hub Motor market growth? SWOT analysis of the Hub Motor market.

For detailed insights on the key dynamics influencing the Hub Motor market growth and SWOT analysis of the Hub Motor industry, request a sample here.