| Product Code: ETC5881186 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, New Zealand continued to see a diverse range of imports of hub motors, with top exporting countries including China, USA, Germany, Australia, and Italy. Despite the variety of sources, the market maintained a low concentration with a Herfindahl-Hirschman Index (HHI) indicating healthy competition. The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 1.66%, but there was a notable decline in growth rate from 2023 to 2024 at -17.62%. This suggests a potential shift or adjustment in market dynamics that importers and stakeholders should monitor closely.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 New Zealand Hub Motor Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Hub Motor Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Hub Motor Market - Industry Life Cycle |
3.4 New Zealand Hub Motor Market - Porter's Five Forces |
3.5 New Zealand Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 New Zealand Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 New Zealand Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F |
4 New Zealand Hub Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles in New Zealand |
4.2.2 Government incentives and subsidies for electric vehicle adoption |
4.2.3 Growing awareness about environmental sustainability and clean energy initiatives |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and hub motor systems |
4.3.2 Limited charging infrastructure for electric vehicles in New Zealand |
4.3.3 Lack of standardized regulations and policies for electric vehicle technology |
5 New Zealand Hub Motor Market Trends |
6 New Zealand Hub Motor Market Segmentations |
6.1 New Zealand Hub Motor Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Hub Motor Market Revenues & Volume, By Front, 2021-2031F |
6.1.3 New Zealand Hub Motor Market Revenues & Volume, By Rear, 2021-2031F |
6.2 New Zealand Hub Motor Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F |
6.2.3 New Zealand Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F |
6.2.4 New Zealand Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.3 New Zealand Hub Motor Market, By Motor |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Hub Motor Market Revenues & Volume, By Geared , 2021-2031F |
6.3.3 New Zealand Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F |
7 New Zealand Hub Motor Market Import-Export Trade Statistics |
7.1 New Zealand Hub Motor Market Export to Major Countries |
7.2 New Zealand Hub Motor Market Imports from Major Countries |
8 New Zealand Hub Motor Market Key Performance Indicators |
8.1 Average annual growth rate of electric vehicle sales in New Zealand |
8.2 Number of public charging stations for electric vehicles in key cities |
8.3 Percentage of renewable energy sources in New Zealand's energy mix |
8.4 Average price trend of hub motor systems in the market |
8.5 Number of electric vehicle models available in the New Zealand market |
9 New Zealand Hub Motor Market - Opportunity Assessment |
9.1 New Zealand Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 New Zealand Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 New Zealand Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F |
10 New Zealand Hub Motor Market - Competitive Landscape |
10.1 New Zealand Hub Motor Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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