The Hub-Motor (In-Wheel) market size is valued at USD 11.8 Bn in 2026.
The Hub-Motor (In-Wheel) market is projected to grow at a CAGR of 6% by 2033.
The Hub-Motor (In-Wheel) market growth drivers include rising EV adoption, stringent emission regulations, vehicle lightweighting, and advancements in electric motor technology.
Asia Pacific is the dominating region for the Hub-Motor (In-Wheel) market.
BorgWarner Inc., Nidec Corporation, Continental AG, ZF Friedrichshafen AG, and Protean Electric are some leading industry players in the Hub-Motor (In-Wheel) market.