Two Wheeler Hub Motor Market Report 2026

The two wheeler hub motor market size has grown rapidly in recent years. It will grow from $14.52 billion in 2025 to $16.35 billion in 2026 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to growth of electric scooter and e-bike adoption, rising fuel costs in urban transport, increasing government incentives for evs, expansion of last-mile mobility solutions, availability of compact electric motors.

The two wheeler hub motor market size is expected to see rapid growth in the next few years. It will grow to $26.84 billion in 2030 at a compound annual growth rate (CAGR) of 13.2%. The growth in the forecast period can be attributed to increasing penetration of electric motorcycles, rising demand for low-maintenance drivetrains, expansion of shared mobility platforms, growing investments in motor efficiency improvements, increasing focus on extended vehicle range. Major trends in the forecast period include increasing adoption of hub motors in electric two-wheelers, rising demand for lightweight drive systems, growing use of gearless hub motors, expansion of urban electric mobility solutions, enhanced focus on energy efficiency.

The rising demand for electric vehicles is driving growth in the two-wheeler hub motor market. Electric vehicles, powered by battery-stored electricity, rely on hub motors to enhance drivability, efficiency, and overall performance in electric two-wheelers. For example, in October 2025, the International Energy Agency (IEA) reported that global electric car sales exceeded 17 million units in 2024, representing over 20% of total car sales - a year-on-year increase of 3.5 million units - and projected to surpass 20 million units in 2025. Therefore, the increasing adoption of electric vehicles is propelling the two-wheeler hub motor market.

Major players in the two-wheeler hub motor market are innovating with advanced e-bike drive systems, such as high-performance rear hub motors, which provide efficient and versatile pedal-assist functionality. Rear hub motors integrate the electric drive within the rear wheel hub, minimizing energy loss and improving performance. For instance, in June 2024, MAHLE SmartBike Systems GmbH, a Germany-based e-bike drive systems specialist, launched the MAHLE X30 drive system. Featuring a 45 Nm torque hub motor weighing 1.9 kg, the X30 supports up to 190 km range per charge, full compatibility with MAHLE X20 components, and adaptive AI-driven assistance for customizable motor mapping, offering a versatile, high-efficiency solution for e-bike manufacturers.

In March 2025, Yamaha Motor Co., Ltd., a Japan-based manufacturer of motorcycles, scooters, and electric mobility products, acquired Brose Fahrzeugteile SE & Co. KG’s bicycle drive unit (eKit) business. This acquisition strengthens Yamaha’s presence in the European e-bike market, enhances production and development capabilities for electric bicycle drive systems, and supports its green mobility initiatives. Brose Fahrzeugteile SE & Co. KG, based in Germany, provides e-bike drive units, including hub motors, pedal-assist systems, and related electric mobility solutions.

Major companies operating in the two wheeler hub motor market report include Robert Bosch GmbH, Electric Bike Ltd., Evans Electric Limited, Gogoa1 Motors Pvt. Ltd., Heinzmann GmbH & Co. KG, Ziehl-Abegg SE, Elaphe Propulsion Technologies Ltd., Siemens AG, Schaeffler Technologies AG & Co. KG, Saietta Europe BV, Hyundai Mobis Co. Ltd., Dana TM4 Inc., Kolektor D. D., Printed Motor Works Limited, Kelly Controls LLc, YASA Limited, TVS Motor Company, Mahindra Electric Mobility Ltd., Bafang Electric (Suzhou) Co. Ltd., Continental AG, Hero Electric Vehicles Private Limited, QS Motor Co. Ltd., Golden Motor Technology Co. Ltd., Regal Raptor Motorcycles, Zhejiang Luyuan Electric Vehicle Co. Ltd., RATO Group Co. Ltd., Suzhou Xiongda Motor Co. Ltd., TDCM Corporation, BionX International Corporation.

Asia-Pacific was the largest region in the two-wheeler hub motor market in 2025. The regions covered in the two wheeler hub motor market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the two wheeler hub motor market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The two wheeler hub motor market consists of sales of geared and direct drive. 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.

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.

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