Global Motorcycle Hub Motor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Arrangement Type;

The direct-drive motor, and The Geared Motor.

By Capacity;

Below 1500 W, 1500 to 3000W, and Above 3000 W.

By Type;

Standard, Cruiser, Sports Bikes, and Others.

By Sale Cannels;

Aftermarket, and Original Equipment Manufacturer (OEM).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn510565841 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Motorcycle Hub Motor Market (USD Million), 2021 - 2031

In the year 2024, the Global Motorcycle Hub Motor Market was valued at USD 13,027.20 million. The size of this market is expected to increase to USD 24,905.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.7%.

The global motorcycle hub motor market is experiencing significant growth as the automotive industry embraces the transition towards electric vehicles (EVs). Hub motors, a critical component of electric motorcycles, are integrated directly into the wheel hubs, offering a compact and efficient alternative to traditional motorcycle propulsion systems. This technology is gaining traction due to its potential to enhance performance, reduce maintenance requirements, and lower overall vehicle weight. As consumer preferences shift towards sustainable transportation solutions, the demand for electric motorcycles equipped with advanced hub motors is on the rise, driving innovations and investments in this sector.

The market's expansion is fueled by several key factors, including increasing environmental awareness and stringent regulations aimed at reducing vehicular emissions. Governments across the globe are implementing supportive policies and incentives for electric vehicle adoption, which includes the promotion of electric motorcycles as a viable transportation option. Additionally, advancements in hub motor technology, such as improvements in efficiency, power output, and battery life, are making electric motorcycles more appealing to a broader range of consumers. These technological innovations are expected to further propel market growth by offering enhanced performance and affordability.

Geographically, the global motorcycle hub motor market is experiencing diverse growth patterns. North America and Europe are at the forefront of the adoption of electric motorcycles due to their established infrastructure for EVs and strong regulatory frameworks. In contrast, the Asia-Pacific region is emerging as a major growth hub, driven by high population density, urbanization trends, and government initiatives promoting electric mobility. Countries like China and India are leading the charge in the development and deployment of electric motorcycles, supported by both domestic manufacturers and international players looking to tap into these rapidly expanding markets.

The future of the motorcycle hub motor market is promising, with opportunities for growth in both developed and emerging markets. Innovations in motor design, coupled with expanding electric vehicle charging infrastructure, are set to drive further advancements in the industry. Additionally, increased collaboration between manufacturers, technology providers, and governments will be crucial in addressing challenges related to cost, technology adoption, and market penetration. As the global shift towards sustainable transportation continues, the motorcycle hub motor market is poised for substantial growth and transformation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Arrangement Type
    2. Market Snapshot, By Capacity
    3. Market Snapshot, By Type
    4. Market Snapshot, By Sale Cannels
    5. Market Snapshot, By Region
  4. Global Motorcycle Hub Motor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Electric Motorcycle Demand
        2. Advancements in Motor Technology
        3. Increased Urban Mobility Needs
        4. Government Incentives for EVs
      2. Restraints
        1. High Initial Purchase Cost
        2. Limited Charging Infrastructure
        3. Regulatory Challenges for Safety
        4. Range Anxiety Among Users
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Technological Innovations in Motors
        3. Growing Eco-Friendly Transportation Trends
        4. Partnerships with EV Manufacturers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Motorcycle Hub Motor Market, By Arrangement Type, 2021 - 2031 (USD Million)
      1. The direct-drive motor
      2. The Geared Motor
    2. Global Motorcycle Hub Motor Market, By Capacity, 2021 - 2031 (USD Million)
      1. Below 1500 W
      2. 1500 to 3000W
      3. above 3000 W
    3. Global Motorcycle Hub Motor Market, By Type, 2021 - 2031 (USD Million)
      1. Standard
      2. Cruiser
      3. Sports Bikes
      4. Others
    4. Global Motorcycle Hub Motor Market, By Sale Cannels, 2021 - 2031 (USD Million)
      1. Aftermarket
      2. Original Equipment Manufacturer (OEM)
    5. Global Motorcycle Hub Motor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. QS MOTOR
      2. Schaeffler Technologies AG & Co. KG
      3. Michelin Group
      4. JIASHAN NEOPOWER INTERNATIONAL TRADE CO.,LTD
      5. Protean Electric Ltd
      6. Elaphe Ltd
      7. SIM-Drive Corporation
      8. TDCM Corporation Ltd
      9. GO SwissDrive AG
      10. Magnetic Systems Technology Ltd.
      11. Taizhou Quanshun Motor Co., Ltd
      12. Mitsubishi Motors
  7. Analyst Views
  8. Future Outlook of the Market