Electric Scooter Motor Market Size & Share Analysis Report 2030
The global In-wheel motor is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.
The surging popularity of electric two-wheelers, due to their affordability, convenience, and eco-friendliness, is directly fueling the demand for electric scooter motors. Advancements in motor technology, resulting in improved efficiency, power output, and...
Hub Motor Market by Installation, Vehicle, Motor and Region – 2025
According to MarketsandMarkets analysis, the Hub Motor Market, by volume, is estimated to reach 34,108,181 units in 2018, and this number is projected to grow at a CAGR of 6.79% during the forecast period. The major factors driving this growth are increasing electric two wheelers sales, investments by OEMs, and hub motor providers.
Improved vehicle performance efficiency, high torque, increased power,...