Japan Electric Vehicle (EV) Hub Motor Market Size, Share, and COVID-19 Impact Analysis, By Vehicle Type (Two-Wheelers, Three-Wheelers, Passenger Cars, Light Commercial Vehicles, and Others), By Application (Below 1000W, 1001-3000W, and Above 3000W), and Japan Electric Vehicle (EV) Hub Motor Market Insights, Industry Trend, Forecasts to 2035

Japan Electric vehicle (EV) hub motor Market Insights Forecasts to 2035

• The Japan Electric Vehicle (EV) Hub Motor Market Size Was Estimated at USD 1,453.93 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 11.67% from 2025 to 2035
• The Japan Electric Vehicle (EV) Hub Motor Market Size is Expected to Reach USD 4,895.42 Million By 2035

According to a research report published by Spherical Insights & Consulting, the Japan Electric Vehicle (EV) Hub Motor Market is anticipated to reach USD 4,895.42 million by 2035, growing at a CAGR of 11.67% from 2025 to 2035.  The market is driven by the growing demand for more efficient, compact, and lightweight motor systems to enhance vehicle performance and energy efficiency.

Market Overview

The Japan electric vehicle (EV) hub motor market refers to the industry focused on hub motors electric motors integrated into the wheels of EVs within Japan's automotive sector. The growing demand for electric vehicles with lightweight and small drivetrains is another significant factor propelling the EV hub motor market in Japan. Hub motors reduce mechanical losses and simplify the drivetrain structure by doing away with the necessity for intricate transmission systems. For example, the adoption of compact mobility solutions is being driven by consumer preferences for more compact, efficient automobiles in urban locations. Small, energy-efficient EVs are especially in demand in cities, where the necessity for maneuverability and space limitations encourage the use of compact mobility solutions.

Report Coverage

This research report categorizes the market for the Japan electric vehicle (EV) hub motor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan electric vehicle (EV) hub motor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan electric vehicle (EV) hub motor market.

Driving Factors

The growing popularity of electric vehicles, aided by government subsidies and strict emission standards, is propelling the Japan electric vehicle (EV) hub motor industry. Improvements in hub motor technology, such as increased power density, lightweight designs, and efficiency, are improving vehicle performance and propelling industry growth. The market is expanding because to the rising need for small and energy-efficient drivetrains, especially in urban mobility solutions. Increasing research and development expenditures to improve motor longevity and optimize energy use are other important themes. Regenerative braking and connected car systems are two examples of smart technology integration that is becoming more popular and increasing overall vehicle economy. Higher adoption rates in the upcoming years are guaranteed by the acceleration of hub motor technology advancement brought about by the trend toward shared mobility and autonomous EVs.

Restraining Factors

The high upfront expenditures and intricate production procedures related to hub motor technology provide major obstacles for the Japanese electric vehicle (EV) hub motor market. Advanced materials, precise engineering, and complex manufacturing processes are needed to develop high-efficiency hub motors, which raises production costs.

Market Segmentation

The Japan electric vehicle (EV) hub motor market share is classified into vehicle type and application.

• The two-wheelers segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan electric vehicle (EV) hub motor market is segmented by vehicle type into two-wheelers, three-wheelers, passenger cars, light commercial vehicles, and others. Among these, the two-wheelers segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the growing popularity of electric scooters and motorcycles for last-mile delivery services and urban commuting, the two-wheeler industry has a sizable market share.

• The below 1000W segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan electric vehicle (EV) hub motor market is segmented by application into below 1000W, 1001-3000W, and above 3000W. Among these, the below 1000W segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Electric bicycles, scooters, and low-power two-wheelers, which are popular for urban transportation because of their cost and energy efficiency, are the main products in the below 1000W market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan electric vehicle (EV) hub motor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Tajima Motor Corporation
• NTN Corporation
• Yamaha Motor Co., Ltd.
• Nidec Corporation
• Panasonic Corporation
• Kyocera Corporation
• Hitachi Automotive Systems
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan electric vehicle (EV) hub motor market based on the below-mentioned segments:

Japan Electric Vehicle (EV) Hub Motor Market, By Vehicle Type  

• Two-Wheelers
• Three-Wheelers
• Passenger Cars
• Light Commercial Vehicles
• Others

Japan Electric Vehicle (EV) Hub Motor Market, By Application

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