Home » Automotive & Transportation » UK Electric Vehicle (EV) Hub Motor Market

UK Electric Vehicle (EV) Hub Motor Market

UK Electric Vehicle (EV) Hub Motor Market By Vehicle Type (Two-Wheeler, Three-Wheeler, Passenger Car, Light Commercial Vehicle, Others); By Power Output (Below 1000W, 1001-3000W, Above 3000W); By Component (Stator, Rotor, Bearing & Shaft, Magnet, Others (Wiring, Casing)); By Position Type (Rear Hub Motor, Front Hub Motor) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $2699

Published: | Report ID: 83922 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period  2020-2023
Base Year  2024
Forecast Period  2025-2032
UK Electric Vehicle (EV) Hub Motor Market Size 2024  USD 1,410.02 Million
UK Electric Vehicle (EV) Hub Motor Market, CAGR  11.37%
UK Electric Vehicle (EV) Hub Motor Market Size 2032  USD 3,337.87 Million

Market Overview

UK Electric Vehicle (EV) Hub Motor Market size was valued at USD 1,410.02 million in 2024 and is anticipated to reach USD 3,337.87 million by 2032, at a CAGR of 11.37% during the forecast period (2024-2032).

The UK Electric Vehicle (EV) Hub Motor market is experiencing significant growth, driven by rising EV adoption, government incentives, and advancements in motor efficiency. Stringent emission regulations and net-zero targets are pushing automakers toward electrification, increasing the demand for efficient and compact hub motors. Additionally, improvements in battery technology and lightweight materials enhance vehicle performance, making hub motors a preferred choice for manufacturers. The shift toward autonomous and connected mobility further supports market expansion, as hub motors enable better vehicle control and energy efficiency. Emerging trends include the integration of regenerative braking systems and smart motor controllers, enhancing vehicle range and sustainability. Moreover, the rise of shared mobility and electric two-wheelers accelerates hub motor adoption in urban transport solutions. Collaborations between automotive manufacturers and technology firms drive innovation, positioning the UK as a key player in the global EV hub motor market.

The UK Electric Vehicle (EV) hub motor market is witnessing substantial growth across key regions, driven by strong government policies, expanding EV infrastructure, and rising consumer demand for sustainable mobility solutions. London, Manchester, Birmingham, and Scotland are among the leading areas adopting hub motor technology, supported by initiatives like low-emission zones and increased investment in public and private EV fleets. Key players in the market include Protean Electric, Elaphe Propulsion Technologies, Bonfiglioli Riduttori S.p.A., YASA Limited, Siemens AG, e-Traction B.V., Hyundai Mobis, Printed Motor Works, Magnetic Systems Technology, and Robert Bosch GmbH. These companies focus on technological advancements, product innovation, and strategic partnerships to enhance hub motor efficiency, power output, and vehicle integration. With the growing emphasis on electrification and sustainability, the UK EV hub motor market is expected to experience steady expansion, fostering innovation and competitive growth among leading manufacturers.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Insights

  • The UK Electric Vehicle (EV) hub motor market was valued at USD 1,410.02 million in 2024 and is projected to reach USD 3,337.87 million by 2032, growing at a CAGR of 11.37% from 2024 to 2032.
  • Increasing government incentives, strict emission regulations, and rising fuel prices are driving the adoption of EV hub motors across various vehicle segments.
  • Advancements in hub motor technology, including lightweight designs, improved power efficiency, and integration with smart mobility solutions, are shaping market trends.
  • Key players such as Protean Electric, Siemens AG, and Hyundai Mobis are investing in product innovation and strategic collaborations to enhance market presence.
  • High initial costs, technical complexities, and concerns regarding hub motor durability and efficiency pose challenges to market growth.
  • London, Manchester, Birmingham, and Scotland are leading the market, driven by expanding EV infrastructure and government-backed clean mobility initiatives.
  • The market is expected to witness strong growth as automakers and fleet operators increasingly shift towards hub motor-powered EVs for sustainable transportation solutions.

Market Drivers

Government Policies and Incentives Accelerate EV Adoption

The UK government’s commitment to reducing carbon emissions and achieving net-zero targets is a primary driver for the Electric Vehicle (EV) hub motor market. Stringent emission regulations, such as the ban on new petrol and diesel car sales by 2035, have compelled automakers to accelerate EV production. For instance, the UK’s Zero Emission Vehicle (ZEV) mandate has established phased targets for manufacturers to sell a rising quota of zero-emission cars and vans each year, further incentivizing EV adoption. Various financial incentives, including grants for electric vehicles and charging infrastructure subsidies, further boost adoption. These initiatives encourage both consumers and manufacturers to invest in EVs, thereby increasing the demand for hub motors, which offer superior efficiency and performance. Additionally, policies promoting domestic EV production and R&D investments enhance the local supply chain, positioning the UK as a hub for electric mobility innovation.

Technological Advancements Enhance Hub Motor Efficiency

Continuous innovations in hub motor technology significantly contribute to market growth. Advances in lightweight materials, power electronics, and cooling systems have improved the efficiency and durability of hub motors. The integration of regenerative braking systems helps optimize energy consumption, enhancing vehicle range and sustainability. Furthermore, developments in motor control algorithms and smart sensors enable better torque distribution and vehicle stability, making hub motors an attractive option for automakers. As research in motor miniaturization and integration with digital connectivity progresses, hub motors are expected to offer enhanced performance, meeting the evolving needs of EV manufacturers and consumers.

Rising Demand for Lightweight and Compact Powertrain Solutions

The shift toward lightweight and space-efficient powertrain solutions is driving the adoption of EV hub motors. Unlike traditional centralized powertrains, hub motors eliminate the need for complex transmission systems, reducing vehicle weight and improving energy efficiency. For instance, companies like Ola have launched electric scooters equipped with hub-mounted motors, which are ideal for urban mobility due to their compact design and efficiency. This advantage is particularly beneficial for electric two-wheelers, urban mobility solutions, and autonomous vehicles, where space optimization is crucial. Additionally, the ability of hub motors to deliver independent torque control enhances vehicle maneuverability and safety, making them a preferred choice for next-generation EVs. As manufacturers prioritize vehicle range and performance, hub motors are emerging as a key component in advanced EV architectures.

Growth of Shared Mobility and Urban Electrification

The expansion of shared mobility services, including electric taxis, scooters, and ride-hailing fleets, is fueling demand for efficient and low-maintenance propulsion systems. Hub motors, with their compact design and high energy efficiency, are well-suited for urban transport solutions. Additionally, the UK’s focus on electrifying public transport and last-mile delivery vehicles further accelerates market expansion. City-wide initiatives promoting zero-emission zones and sustainable transport policies encourage businesses and individuals to adopt EVs, reinforcing the demand for hub motor technology. As urban electrification efforts continue, hub motors will play a crucial role in shaping the future of electric mobility in the UK.

Market Trends

Growing Adoption of In-Wheel Hub Motors

The UK electric vehicle (EV) hub motor market is witnessing a surge in the adoption of in-wheel hub motors, driven by their ability to enhance vehicle efficiency and design flexibility. These motors eliminate the need for traditional drivetrain components, reducing vehicle weight and improving energy efficiency. Automakers are increasingly integrating in-wheel hub motors into electric passenger cars, two-wheelers, and light commercial vehicles to optimize space and enhance performance. For instance, government policies like the UK’s plan to phase out fossil fuel-powered vehicles by 2035 are encouraging the adoption of electric vehicles, which in turn fuels the demand for in-wheel hub motors. Additionally, their independent torque control capability improves vehicle stability, making them a preferred choice for next-generation EV architectures. As the demand for compact and high-performance propulsion systems grows, in-wheel hub motors are expected to gain widespread acceptance.

Advancements in Smart Motor Control and Connectivity

The integration of smart technologies in EV hub motors is transforming vehicle performance and user experience. Modern hub motors now incorporate AI-driven controllers that optimize torque distribution, energy consumption, and regenerative braking. Additionally, IoT-enabled sensors allow real-time monitoring of motor health, improving predictive maintenance and reducing operational downtime. Automakers and technology firms are collaborating to develop connected hub motors that enhance vehicle automation, safety, and efficiency. These advancements align with the UK’s growing focus on intelligent transport solutions, positioning smart hub motors as a key innovation in the EV sector.

Increasing Demand for Lightweight and High-Efficiency Motors

The push for energy efficiency and extended vehicle range is driving the demand for lightweight and high-efficiency hub motors. Manufacturers are leveraging advanced materials such as carbon fiber composites and high-strength alloys to reduce motor weight while maintaining durability. Additionally, innovations in cooling systems and motor winding techniques are enhancing thermal management, reducing energy losses, and improving overall efficiency. For instance, research initiatives supported by government agencies emphasize the importance of lightweight materials in improving vehicle efficiency and reducing emissions. These developments are particularly beneficial for electric two-wheelers and urban EVs, where lightweight components contribute to better acceleration and battery life. As automakers prioritize range and performance, advancements in lightweight hub motor technology are expected to shape the market.

Expansion of Urban Mobility and Electric Fleets

The growing electrification of urban transport and fleet vehicles is accelerating the demand for hub motors in the UK. Shared mobility services, including electric taxis, ride-hailing fleets, and last-mile delivery vehicles, are increasingly adopting hub motor technology due to its low maintenance requirements and high energy efficiency. Government initiatives promoting zero-emission transport and low-emission zones further drive the transition toward EVs with hub motors. Additionally, the rise of electric public transport, including e-buses and e-scooters, reinforces the market’s expansion. As urban areas continue to implement sustainable transport solutions, the demand for EV hub motors is set to grow, shaping the future of clean mobility in the UK.

Market Challenges Analysis

High Manufacturing Costs and Supply Chain Constraints

The UK Electric Vehicle (EV) hub motor market faces challenges related to high manufacturing costs and supply chain limitations. Producing hub motors requires advanced materials, precision engineering, and cutting-edge electronic components, all of which contribute to elevated production expenses. For instance, the reliance on rare earth elements for permanent magnet motors exposes manufacturers to fluctuations in raw material prices, impacting overall affordability. Additionally, supply chain disruptions, including semiconductor shortages and geopolitical trade restrictions, create uncertainties in the availability of critical components. These challenges increase production lead times and operational costs for manufacturers, slowing the adoption of hub motors in mass-market EVs. To overcome these issues, industry players must invest in localized manufacturing, alternative motor technologies, and strategic supplier partnerships.

Technical and Performance Limitations

Despite their advantages, hub motors face technical and performance-related challenges that hinder widespread adoption. Issues such as increased unsprung weight, which affects ride quality and vehicle handling, remain a concern for automakers. Additionally, thermal management in hub motors is more complex compared to centralized powertrains, as their placement within wheels exposes them to harsh road conditions and extreme temperatures. The need for robust waterproofing and impact resistance further complicates design and increases maintenance requirements. Furthermore, while hub motors improve energy efficiency, they must continuously evolve to meet the growing demands for higher torque, extended lifespan, and seamless integration with advanced EV architectures. Addressing these limitations through innovations in cooling technology, material science, and motor control systems is crucial for unlocking the full potential of hub motors in the UK EV market.

Market Opportunities

The UK Electric Vehicle (EV) hub motor market presents significant growth opportunities driven by increasing government support for electrification and advancements in vehicle technology. The UK government’s commitment to phasing out internal combustion engine vehicles by 2035 and promoting zero-emission transport creates a favorable environment for hub motor adoption. Financial incentives, grants for EV manufacturing, and investments in charging infrastructure encourage automakers to develop innovative electric mobility solutions. Additionally, the rise of smart cities and urban mobility initiatives is increasing demand for efficient, compact, and lightweight propulsion systems, making hub motors an ideal choice for electric two-wheelers, last-mile delivery vehicles, and autonomous shuttles. The growing emphasis on sustainable transportation and carbon reduction further accelerates the transition toward EVs, positioning hub motors as a crucial component of next-generation vehicle architectures.

Technological advancements in hub motor design and integration offer new market opportunities, particularly in the development of high-efficiency and AI-driven motor control systems. Innovations in lightweight materials, power electronics, and thermal management are enhancing the performance and durability of hub motors, making them more suitable for mainstream EV adoption. Additionally, the expansion of shared mobility services and fleet electrification in urban areas is increasing the demand for low-maintenance, high-efficiency propulsion solutions. Partnerships between automotive manufacturers, technology firms, and energy companies are fostering the development of advanced hub motor solutions with real-time monitoring, predictive maintenance, and enhanced energy recovery systems. As the UK continues to strengthen its position in the global EV market, investments in research and development, local production capabilities, and strategic collaborations will unlock new opportunities for hub motor adoption across various vehicle segments, driving long-term market growth.

Market Segmentation Analysis:

By Vehicle Type:

The UK Electric Vehicle (EV) hub motor market is segmented by vehicle type, with increasing adoption across two-wheelers, three-wheelers, passenger cars, and light commercial vehicles. The two-wheeler segment is experiencing significant growth due to rising demand for electric scooters and motorcycles, particularly in urban areas where compact, lightweight mobility solutions are preferred. Three-wheelers, including electric rickshaws and cargo transporters, are also gaining traction as sustainable last-mile delivery solutions. Passenger cars represent a major segment, as leading automakers integrate hub motors to improve vehicle efficiency, reduce drivetrain complexity, and enhance driving dynamics. Light commercial vehicles, such as electric vans and delivery trucks, are adopting hub motor technology to meet growing demand for zero-emission logistics and urban freight transport. The increasing electrification of various vehicle categories, supported by government policies and financial incentives, is expected to drive continued growth in the UK EV hub motor market.

By Power Output:

The UK EV hub motor market is also segmented based on power output, catering to diverse vehicle applications. Motors with below 1000W output are primarily used in electric bicycles, scooters, and light mobility solutions, offering an efficient and cost-effective propulsion system for short-distance travel. The 1001-3000W segment is widely adopted in electric motorcycles, three-wheelers, and compact urban EVs, providing an optimal balance between power and energy efficiency. Meanwhile, the above 3000W segment is gaining prominence in passenger cars and light commercial vehicles, where higher torque and power delivery are essential for enhanced performance and load-bearing capacity. As the market continues to evolve, advancements in power electronics and motor efficiency are enabling a broader range of vehicles to integrate hub motor technology. The increasing focus on performance optimization and energy savings is expected to drive innovation across all power segments, further accelerating hub motor adoption in the UK’s electric mobility landscape.

Segments:

Based on Vehicle Type:

  • Two-Wheeler
  • Three-Wheeler
  • Passenger Car
  • Light Commercial Vehicle
  • Others

Based on Power Output:

  • Below 1000W
  • 1001-3000W
  • Above 3000W

Based on Component:

  • Stator
  • Rotor, Bearing & Shaft
  • Magnet
  • Others (wiring, casing)

Based on Position Type:

  • Rear Hub Motor
  • Front Hub Motor

Based on the Geography:

  • London
  • Manchester
  • Birmingham
  • Scotland

Regional Analysis

London

London holds the largest share of the UK Electric Vehicle (EV) hub motor market, accounting for approximately 40% of the total market. The city’s strong push for clean transportation, stringent emission regulations, and widespread adoption of electric mobility solutions drive significant demand for hub motors. The Ultra Low Emission Zone (ULEZ) policy and financial incentives for EV adoption have accelerated the transition towards electric two-wheelers, three-wheelers, and passenger cars. Additionally, London’s growing shared mobility ecosystem, including electric taxis, rental scooters, and delivery fleets, further boosts demand for hub motor technology. The increasing penetration of light commercial electric vehicles for last-mile deliveries, supported by major logistics companies, strengthens market growth in the above 3000W segment. As the capital continues investing in EV charging infrastructure and smart mobility projects, the adoption of hub motors is expected to remain strong across multiple vehicle categories.

Manchester

Manchester accounts for around 25% of the UK EV hub motor market, driven by its commitment to improving urban transportation and reducing carbon emissions. The city’s Clean Air Zone (CAZ) initiatives and investments in public charging infrastructure encourage the adoption of electric two-wheelers and passenger cars. The demand for hub motors in the 1001-3000W category is rising, particularly in electric motorcycles, compact EVs, and ride-sharing vehicles. Additionally, the city’s focus on sustainable last-mile delivery solutions increases the adoption of electric cargo bikes and three-wheelers, further supporting hub motor growth. Manchester’s strong automotive and engineering ecosystem facilitates research and development in EV components, fostering innovation in hub motor efficiency and performance. As government incentives and corporate sustainability initiatives gain momentum, Manchester is poised to become a key hub for EV technology adoption and manufacturing.

Birmingham

Birmingham holds approximately 20% of the UK EV hub motor market, with significant demand from the commercial vehicle sector. The city’s position as a major logistics and manufacturing hub fuels the adoption of electric vans and light commercial vehicles, driving demand for high-power hub motors (above 3000W). Birmingham’s growing network of EV-friendly policies and financial incentives encourages businesses to transition to electric fleet solutions, particularly in urban freight and public transportation. The presence of key automotive manufacturers and research institutions contributes to technological advancements in hub motor integration and performance optimization. Additionally, the rising popularity of electric two-wheelers and ride-sharing services supports demand for below 1000W hub motors. With continued investment in EV charging infrastructure and green transport solutions, Birmingham is expected to play a crucial role in advancing hub motor adoption across multiple vehicle segments.

Scotland

Scotland represents around 15% of the UK EV hub motor market, with government-backed initiatives driving adoption in urban and rural areas. The Scottish government’s ambitious net-zero targets and investment in EV infrastructure support the growth of electric mobility solutions, particularly in public transport and rural logistics. The demand for below 1000W hub motors is growing, driven by increasing adoption of electric bicycles and scooters for urban commuting. Additionally, the push for sustainable transport solutions in remote regions fuels the use of electric three-wheelers and compact EVs, boosting the 1001-3000W segment. Scotland’s focus on renewable energy integration and battery technology innovation creates new opportunities for hub motor development. As funding for green transport projects increases, Scotland is set to become a key player in the UK’s transition to sustainable electric mobility.

Key Player Analysis

  • Protean Electric
  • Elaphe Propulsion Technologies
  • Bonfiglioli Riduttori S.p.A.
  • YASA Limited
  • Siemens AG
  • e-Traction B.V.
  • Hyundai Mobis
  • Printed Motor Works
  • Magnetic Systems Technology
  • Robert Bosch GmbH

Competitive Analysis

The UK Electric Vehicle (EV) hub motor market is highly competitive, with key players focusing on technological advancements, strategic partnerships, and product innovation to strengthen their market position. Leading companies such as Protean Electric, Elaphe Propulsion Technologies, Bonfiglioli Riduttori S.p.A., YASA Limited, Siemens AG, e-Traction B.V., Hyundai Mobis, Printed Motor Works, Magnetic Systems Technology, and Robert Bosch GmbH are actively investing in research and development to enhance the efficiency, power output, and integration capabilities of hub motors. Companies in this sector are investing heavily in research and development to enhance hub motor efficiency, power output, and seamless integration into electric vehicles. The growing emphasis on lightweight and high-performance motors has led to the introduction of advanced designs that improve vehicle range and overall performance. Market participants are also focusing on expanding their production capabilities and forging strategic alliances to strengthen their market presence. The increasing demand for electric mobility has encouraged firms to adopt sustainable manufacturing practices and explore new applications for hub motors, including passenger cars, two-wheelers, and light commercial vehicles. Additionally, rising investments in smart mobility solutions and connected vehicle technologies are shaping the competitive landscape. As the market expands, innovation and cost efficiency will play a crucial role in determining long-term success and leadership in this evolving industry.

Recent Developments

  • In May 2024, Bajaj Auto intended to introduce a mass-market electric scooter under the Chetak brand, increasing its retail presence three times over the next three to four months.
  • In April 2024, VinFast, the electric vehicle arm of Vietnamese conglomerate Vingroup, will begin selling its VF DrgnFly electric bike in the U.S. The bike, a 750W rear hub motor, offers a smooth riding experience and a top speed of up to 45 km/h.
  • In February 2024, Kabira Mobility, located in Verna, Goa, introduced two electric motorcycles in India, the KM3000 and KM4000, featuring an aluminium core hub motor powertrain, telescopic forks, monoshock, disc brakes, 17-inch wheels, and modular battery pack.
  • In February 2024, BYD, auto manufacturing conglomerate based in Shenzhen, China, plans to establish an electric vehicle factory in Mexico, aiming to establish an export hub to the U.S., leveraging Mexico’s automaking sector’s close integration with the U.S.
  • In October 2023, GEM Motor signed a strategic partnership agreement with Stilride to develop a specialized advanced electric drive.  Stilride presented an electric scooter that will be available to Swedish customers in an exclusive limited series in spring 2024 and will be powered by an innovative GEM in-wheel drive G2.6.

Market Concentration & Characteristics

The UK Electric Vehicle (EV) hub motor market exhibits a moderate to high market concentration, with a few leading companies dominating the industry through technological expertise, extensive R&D investments, and strong distribution networks. Market players focus on innovation, energy efficiency, and lightweight designs to enhance motor performance and cater to various EV segments, including two-wheelers, passenger cars, and light commercial vehicles. The industry is characterized by rapid advancements in motor technology, increasing integration of smart mobility solutions, and a shift toward sustainable and high-performance electric drivetrains. Companies prioritize strategic collaborations, mergers, and acquisitions to strengthen their market presence and expand production capabilities. Additionally, the market benefits from government incentives and regulatory support, driving wider adoption of hub motor technology. As demand for electric mobility grows, competition is expected to intensify, encouraging further product differentiation and cost optimization to maintain a competitive edge in this evolving landscape.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Report Coverage

The research report offers an in-depth analysis based on Vehicle Type, Power Output, Component, Position Type and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The UK EV hub motor market is expected to witness strong growth, driven by increasing EV adoption and government incentives.
  2. Advancements in hub motor technology will enhance vehicle efficiency, power output, and integration with smart mobility solutions.
  3. Rising investments in lightweight and high-performance motors will improve overall vehicle range and energy efficiency.
  4. Automakers and component manufacturers will focus on cost reduction strategies to make hub motors more affordable.
  5. Expanding EV charging infrastructure will support wider adoption of hub motor technology across different vehicle segments.
  6. Strategic partnerships and mergers among market players will drive innovation and competitive growth.
  7. The demand for two-wheeler and light commercial EVs with hub motors will increase due to urban mobility trends.
  8. Sustainability and eco-friendly manufacturing practices will gain prominence in hub motor production.
  9. Increased focus on regulatory compliance and safety standards will influence product development strategies.
  10. The market will experience intensified competition, encouraging continuous technological advancements and differentiation.

CHAPTER NO. 1 : INTRODUCTION 18
1.1.1. Report Description 18
Purpose of the Report 18
USP & Key Offerings 18
1.1.2. Key Benefits for Stakeholders 18
1.1.3. Target Audience 19
1.1.4. Report Scope 19
CHAPTER NO. 2 : EXECUTIVE SUMMARY 20
2.1. UK Electric Vehicle (EV) Hub Motor Market Snapshot 20
2.1.1. UK Electric Vehicle (EV) Hub Motor Market, 2018 – 2032 (USD Million) 21
CHAPTER NO. 3 : UK ELECTRIC VEHICLE (EV) HUB MOTOR MARKET – INDUSTRY ANALYSIS 22
3.1. Introduction 22
3.2. Market Drivers 23
3.2.1. Increasing Adoption of Electric Buses and Commercial EVs 23
3.2.2. Technological Innovations for Enhanced Performance 24
3.3. Market Restraints 25
3.3.1. High Initial Cost of Hub Motor 25
3.4. Market Opportunities 26
3.4.1. Market Opportunity Analysis 26
3.5. Porter’s Five Forces Analysis 27
CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE 28
4.1. Company Market Share Analysis – 2023 28
4.1.1. UK Electric Vehicle (EV) Hub Motor Market: Company Market Share, by Volume, 2023 28
4.1.2. UK Electric Vehicle (EV) Hub Motor Market: Company Market Share, by Revenue, 2023 29
4.1.3. UK Electric Vehicle (EV) Hub Motor Market: Top 6 Company Market Share, by Revenue, 2023 29
4.1.4. UK Electric Vehicle (EV) Hub Motor Market: Top 3 Company Market Share, by Revenue, 2023 30
4.2. UK Electric Vehicle (EV) Hub Motor Market Company Revenue Market Share, 2023 31
4.3. Company Assessment Metrics, 2023 32
4.3.1. Stars 32
4.3.2. Emerging Leaders 32
4.3.3. Pervasive Players 32
4.3.4. Participants 32
4.4. Start-ups /SMEs Assessment Metrics, 2023 32
4.4.1. Progressive Companies 32
4.4.2. Responsive Companies 32
4.4.3. Dynamic Companies 32
4.4.4. Starting Blocks 32
4.5. Strategic Developments 33
4.5.1. Acquisitions & Mergers 33
New Product Launch 33
Regional Expansion 33
4.6. Key Players Product Matrix 34
CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS 35
5.1. PESTEL 35
5.1.1. Political Factors 35
5.1.2. Economic Factors 35
5.1.3. Social Factors 35
5.1.4. Technological Factors 35
5.1.5. Environmental Factors 35
5.1.6. Legal Factors 35
5.2. Adjacent Market Analysis 35
CHAPTER NO. 6 : UK ELECTRIC VEHICLE (EV) HUB MOTOR MARKET – BY VEHICLE TYPE SEGMENT ANALYSIS 36
6.1. UK Electric Vehicle (EV) Hub Motor Market Overview, by Vehicle Type Segment 36
6.1.1. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Vehicle Type, 2023 & 2032 37
6.1.2. UK Electric Vehicle (EV) Hub Motor Market Attractiveness Analysis, By Vehicle Type 38
6.1.3. Incremental Revenue Growth Opportunity, by Vehicle Type, 2024 – 2032 38
6.1.4. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Vehicle Type, 2018, 2023, 2027 & 2032 39
6.2. Two-Wheeler 40
6.3. Three-Wheeler 41
6.4. Passenger Car 42
6.5. Light Commercial Vehicle 43
6.6. Others 44
CHAPTER NO. 7 : UK ELECTRIC VEHICLE (EV) HUB MOTOR MARKET – BY POWER OUTPUT SEGMENT ANALYSIS 45
7.1. UK Electric Vehicle (EV) Hub Motor Market Overview, by Power Output Segment 45
7.1.1. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Power Output, 2023 & 2032 46
7.1.2. UK Electric Vehicle (EV) Hub Motor Market Attractiveness Analysis, By Power Output 47
7.1.3. Incremental Revenue Growth Opportunity, by Power Output, 2024 – 2032 47
7.1.4. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Power Output, 2018, 2023, 2027 & 2032 48
7.2. Below 1000W 49
7.3. 1001-3000W 50
7.4. Above 3000W 51
CHAPTER NO. 8 : UK ELECTRIC VEHICLE (EV) HUB MOTOR MARKET – BY COMPONENT SEGMENT ANALYSIS 52
8.1. UK Electric Vehicle (EV) Hub Motor Market Overview, by Component Segment 52
8.1.1. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Component, 2023 & 2032 53
8.1.2. UK Electric Vehicle (EV) Hub Motor Market Attractiveness Analysis, By Component 54
8.1.3. Incremental Revenue Growth Opportunity, by Component, 2024 – 2032 54
8.1.4. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Component, 2018, 2023, 2027 & 2032 55
8.2. Stator 56
8.3. Rotor, Bearing & Shaft 57
8.4. Magnet 58
8.5. Others (wiring, casing) 59
CHAPTER NO. 9 : UK ELECTRIC VEHICLE (EV) HUB MOTOR MARKET – BY POSITION TYPE SEGMENT ANALYSIS 60
9.1. UK Electric Vehicle (EV) Hub Motor Market Overview, by Position Type Segment 60
9.1.1. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Distribution Channel, 2023 & 2032 61
9.1.2. UK Electric Vehicle (EV) Hub Motor Market Attractiveness Analysis, By Distribution Channel 62
9.1.3. Incremental Revenue Growth Opportunity, by Distribution Channel, 2024 – 2032 62
9.1.4. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 63
9.2. Rear Hub motor 64
9.3. Front Hub motor 65
CHAPTER NO. 10 : ELECTRIC VEHICLE (EV) HUB MOTOR MARKET – ANALYSIS 66
10.1. UK 66
10.1.1. Key Highlights 66
10.1.2. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Vehicle Type, 2018 – 2023 (USD Million) 67
10.1.3. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Power Output, 2018 – 2023 (USD Million) 68
10.1.4. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Component, 2018 – 2023 (USD Million) 69
10.1.5. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 70
CHAPTER NO. 11 : COMPANY PROFILES 71
11.1. Protean Electric 71
11.1.1. Company Overview 71
11.1.2. Product Portfolio 71
11.1.3. Swot Analysis 71
11.1.4. Business Strategy 72
11.1.5. Financial Overview 72
11.2. Elaphe Propulsion Technologies 73
11.3. Bonfiglioli Riduttori S.p.A. 73
11.4. YASA Limited 73
11.5. Siemens AG 73
11.6. e-Traction B.V. 73
11.7. Hyundai Mobis 73
11.8. YASA Limited 73
11.9. Printed Motor Works 73
11.10. Magnetic Systems Technology 73
11.11. Robert Bosch GmbH 73

List of Figures
FIG NO. 1. UK Electric Vehicle (EV) Hub Motor Market Revenue, 2018 – 2032 (USD Million) 22
FIG NO. 2. Porter’s Five Forces Analysis for UK Electric Vehicle (EV) Hub Motor Market 28
FIG NO. 3. Company Share Analysis, 2023 29
FIG NO. 4. Company Share Analysis, 2023 30
FIG NO. 5. Company Share Analysis, 2023 30
FIG NO. 6. Company Share Analysis, 2023 31
FIG NO. 7. UK Electric Vehicle (EV) Hub Motor Market – Company Revenue Market Share, 2023 32
FIG NO. 8. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Vehicle Type, 2023 & 2032 38
FIG NO. 9. Market Attractiveness Analysis, By Vehicle Type 39
FIG NO. 10. Incremental Revenue Growth Opportunity by Vehicle Type, 2024 – 2032 39
FIG NO. 11. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Vehicle Type, 2018, 2023, 2027 & 2032 40
FIG NO. 12. UK Electric Vehicle (EV) Hub Motor Market for Two-Wheeler, Revenue (USD Million) 2018 – 2032 41
FIG NO. 13. UK Electric Vehicle (EV) Hub Motor Market for Three-Wheeler, Revenue (USD Million) 2018 – 2032 42
FIG NO. 14. UK Electric Vehicle (EV) Hub Motor Market for Passenger Car, Revenue (USD Million) 2018 – 2032 43
FIG NO. 15. UK Electric Vehicle (EV) Hub Motor Market for Light Commercial Vehicle, Revenue (USD Million) 2018 – 2032 44
FIG NO. 16. UK Electric Vehicle (EV) Hub Motor Market for Others, Revenue (USD Million) 2018 – 2032 45
FIG NO. 17. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Power Output, 2023 & 2032 47
FIG NO. 18. Market Attractiveness Analysis, By Power Output 48
FIG NO. 19. Incremental Revenue Growth Opportunity by Power Output, 2024 – 2032 48
FIG NO. 20. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Power Output, 2018, 2023, 2027 & 2032 49
FIG NO. 21. UK Electric Vehicle (EV) Hub Motor Market for Below 1000W, Revenue (USD Million) 2018 – 2032 50
FIG NO. 22. UK Electric Vehicle (EV) Hub Motor Market for 1001-3000W, Revenue (USD Million) 2018 – 2032 51
FIG NO. 23. UK Electric Vehicle (EV) Hub Motor Market for Above 3000W, Revenue (USD Million) 2018 – 2032 52
FIG NO. 24. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Component, 2023 & 2032 54
FIG NO. 25. Market Attractiveness Analysis, By Component 55
FIG NO. 26. Incremental Revenue Growth Opportunity by Component, 2024 – 2032 55
FIG NO. 27. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Component, 2018, 2023, 2027 & 2032 56
FIG NO. 28. UK Electric Vehicle (EV) Hub Motor Market for Stator, Revenue (USD Million) 2018 – 2032 57
FIG NO. 29. UK Electric Vehicle (EV) Hub Motor Market for Rotor, Bearing & Shaft, Revenue (USD Million) 2018 – 2032 58
FIG NO. 30. UK Electric Vehicle (EV) Hub Motor Market for Magnet, Revenue (USD Million) 2018 – 2032 59
FIG NO. 31. UK Electric Vehicle (EV) Hub Motor Market for Others (wiring, casing), Revenue (USD Million) 2018 – 2032 60
FIG NO. 32. UK Electric Vehicle (EV) Hub Motor Market Revenue Share, By Distribution Channel, 2023 & 2032 62
FIG NO. 33. Market Attractiveness Analysis, By Distribution Channel 63
FIG NO. 34. Incremental Revenue Growth Opportunity by Distribution Channel, 2024 – 2032 63
FIG NO. 35. UK Electric Vehicle (EV) Hub Motor Market Revenue, By Distribution Channel, 2018, 2023, 2027 & 2032 64
FIG NO. 36. UK Electric Vehicle (EV) Hub Motor Market for Rear Hub motor, Revenue (USD Million) 2018 – 2032 65
FIG NO. 37. UK Electric Vehicle (EV) Hub Motor Market for Front Hub motor, Revenue (USD Million) 2018 – 2032 66
FIG NO. 38. UK Electric Vehicle (EV) Hub Motor Market Revenue, 2018 – 2032 (USD Million) 67

List of Tables
TABLE NO. 1. : UK Electric Vehicle (EV) Hub Motor Market: Snapshot 21
TABLE NO. 2. : Drivers for the UK Electric Vehicle (EV) Hub Motor Market: Impact Analysis 24
TABLE NO. 3. : Restraints for the UK Electric Vehicle (EV) Hub Motor Market: Impact Analysis 26
TABLE NO. 4. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Vehicle Type, 2018 – 2023 (USD Million) 68
TABLE NO. 5. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Vehicle Type, 2024 – 2032 (USD Million) 68
TABLE NO. 6. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Power Output, 2018 – 2023 (USD Million) 69
TABLE NO. 7. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Power Output, 2024 – 2032 (USD Million) 69
TABLE NO. 8. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Component, 2018 – 2023 (USD Million) 70
TABLE NO. 9. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Component, 2024 – 2032 (USD Million) 70
TABLE NO. 10. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Distribution Channel, 2018 – 2023 (USD Million) 71
TABLE NO. 11. : UK Electric Vehicle (EV) Hub Motor Market Revenue, By Distribution Channel, 2024 – 2032 (USD Million) 71

Frequently Asked Questions:

What is the current size of the UK Electric Vehicle (EV) Hub Motor market?

The UK Electric Vehicle (EV) Hub Motor market was valued at USD 1,410.02 million in 2024 and is projected to reach USD 3,337.87 million by 2032, growing at a CAGR of 11.37% during the forecast period (2024-2032).

What factors are driving the growth of the UK Electric Vehicle (EV) Hub Motor market?

The market is driven by rising EV adoption, government incentives, and stringent emission regulations. Advancements in hub motor efficiency, lightweight materials, and smart mobility integration are also fueling growth. Additionally, the push toward autonomous mobility, shared transport, and the expansion of charging infrastructure is accelerating market expansion.

What are the key segments within the UK Electric Vehicle (EV) Hub Motor market?

The market is segmented by:
• Vehicle Type: Two-Wheeler, Three-Wheeler, Passenger Car, Light Commercial Vehicle, Others
• Power Output: Below 1000W, 1001-3000W, Above 3000W
• Component: Stator, Rotor, Bearing & Shaft, Magnet, Others (wiring, casing)
• Position Type: Rear Hub Motor, Front Hub Motor
• Geography: London, Manchester, Birmingham, Scotland

What are some challenges faced by the UK Electric Vehicle (EV) Hub Motor market?

The market faces challenges such as high manufacturing costs, supply chain constraints, and dependency on rare-earth materials. Technical concerns, including thermal management, durability in harsh conditions, and the impact of unsprung weight on vehicle handling, also pose hurdles. Additionally, the complex integration process and high initial costs slow down mass adoption.

Who are the major players in the UK Electric Vehicle (EV) Hub Motor market?

Key players include Protean Electric, Elaphe Propulsion Technologies, Bonfiglioli Riduttori S.p.A., YASA Limited, Siemens AG, e-Traction B.V., Hyundai Mobis, Printed Motor Works, Magnetic Systems Technology, and Robert Bosch GmbH.

UK Water Pump Market

Published:
Report ID: 88842

UK Autonomous Off-Road Vehicles and Machinery Market

Published:
Report ID: 88624

UK Off-the-Road Tire Market

Published:
Report ID: 88368

UK Offsite Medical Case Management Market

Published:
Report ID: 88149

UK Toy Market

Published:
Report ID: 87576

UK Military Vehicle Sustainment Market

Published:
Report ID: 87565

UK Soy-Based Chemicals Market

Published:
Report ID: 87512

UK Liqueurs Market

Published:
Report ID: 42331

UK Industrial Fasteners Market

Published:
Report ID: 87156

Electric Overhead Traveling (EOT) Cranes Market

Published:
Report ID: 89439

Europe Off-the-Road Tire Market

Published:
Report ID: 89111

China Off-the-Road Tire Market

Published:
Report ID: 89094

Africa Off-the-Road Tire Market

Published:
Report ID: 89056

Mexico Autonomous Off-Road Vehicles and Machinery Market

Published:
Report ID: 88850

Spain Off-the-Road Tire Market

Published:
Report ID: 88803

Russia Off-the-Road Tire Market

Published:
Report ID: 88911

Indonesia Off-the-Road Tire Market

Published:
Report ID: 88859

U.S. Off-the-Road Tire Market

Published:
Report ID: 88934

Switzerland Off-the-Road Tire Market

Published:
Report ID: 88922

Mexico Off-the-Road Tire Market

Published:
Report ID: 88887

Canada Off-the-Road Tire Market

Published:
Report ID: 88749

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$2699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$3699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$5699

Credence Staff 3

MIKE, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Smallform of Sample request

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample