Thailand Hub Motor Market (2025-2031) Outlook | Share, Analysis, Size, Industry, Companies, Trends, Value, Revenue, Forecast & Growth
Market Forecast By Installation (Front, Rear), By Vehicle (E-Bikes, E-Scooters/Mopeds, E-Motorcycles), By Motor (Geared , Gearless) And Competitive Landscape
| Product Code: ETC4570766 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Thailand Hub Motor Market Synopsis
Hub motors, which are integrated into a vehicle wheels, are gaining attention in the Thailand automotive market, particularly in the context of electric vehicles and e-bikes. These motors offer compact and efficient solutions for electric propulsion, making them valuable in various applications. As electric mobility gains momentum, the Thailand Hub Motor market is expanding to meet the demand for these propulsion systems.
Drivers of the Market
The Thailand Hub Motor Market is experiencing significant growth as electric and hybrid vehicles gain popularity. Hub motors are integrated into vehicle wheels, providing direct electric propulsion. The market expansion is fueled by Thailand commitment to electric mobility, promoting the adoption of hub motors for efficient and compact electric drivetrains, and addressing the demand for lightweight and space-saving propulsion solutions in electric vehicles.
Challenges of the Market
The Thailand Hub Motor Market faces challenges related to efficiency and integration. Developing hub motors that provide high efficiency while seamlessly integrating with various vehicle architectures requires continuous research and development efforts. Ensuring durability, optimizing power delivery, and addressing concerns about maintenance and repair are ongoing challenges for manufacturers in this market.
COVID-19 Impact on the Market
The Thailand Hub Motor Market experienced challenges during the COVID-19 pandemic, affecting the production and integration of hub motors in electric vehicles (EVs) and electric bikes. However, as the demand for clean and efficient transportation solutions grows, and the popularity of electric two-wheelers rises, the market is expected to recover. The emphasis on hub motors for tasks such as electric propulsion, compact design, and regenerative braking positions the market as a key player in the electrification of personal mobility. The market recovery aligns with the increasing adoption of electric bikes and scooters, driven by environmental concerns and the desire for sustainable urban transportation.
Key Players in the Market
In the Thailand Hub Motor Market, key players such as QS Motor, Schaeffler AG, and Elaphe Propulsion Technologies Ltd. play pivotal roles. QS Motor, a major contributor, specializes in manufacturing hub motors for electric vehicles, offering efficient and compact propulsion solutions. Their expertise in hub motor technologies positions QS Motor as a key player in the hub motor market in Thailand, contributing to the growth of electric mobility.
Key Highlights of the Report:
- Thailand Hub Motor Market Outlook
- Market Size of Thailand Hub Motor Market, 2024
- Forecast of Thailand Hub Motor Market, 2031
- Historical Data and Forecast of Thailand Hub Motor Revenues & Volume for the Period 2021-2031
- Thailand Hub Motor Market Trend Evolution
- Thailand Hub Motor Market Drivers and Challenges
- Thailand Hub Motor Price Trends
- Thailand Hub Motor Porter's Five Forces
- Thailand Hub Motor Industry Life Cycle
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Installation for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Front for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Rear for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Vehicle for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By E-Bikes for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By E-Scooters/Mopeds for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By E-Motorcycles for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Motor for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Geared for the Period 2021-2031
- Historical Data and Forecast of Thailand Hub Motor Market Revenues & Volume By Gearless for the Period 2021-2031
- Thailand Hub Motor Import Export Trade Statistics
- Market Opportunity Assessment By Installation
- Market Opportunity Assessment By Vehicle
- Market Opportunity Assessment By Motor
- Thailand Hub Motor Top Companies Market Share
- Thailand Hub Motor Competitive Benchmarking By Technical and Operational Parameters
- Thailand Hub Motor Company Profiles
- Thailand Hub Motor Key Strategic Recommendations
What are the future projections for the Thailand hub motor market?
The Thailand hub motor market is expected to witness growth due to the increasing adoption of electric bicycles by companies like Honda and Yamaha, coupled with government initiatives to promote clean energy transportation in the region.
Customer preferences in the Thailand hub motor market are increasingly leaning towards eco-friendly and energy-efficient options, with a growing demand for electric bicycles equipped with advanced hub motors like those offered by popular brands such as Bafang and Bosch.
The Thailand hub motor market encompasses a wide range of players involved in the manufacturing and distribution of hub motors used in electric vehicles, including companies like Yadea, Aima, and Gogoro. These hub motors are a key component in e-scooters, e-bikes, and other electric vehicles, driving the market's growth and innovation.
Key competitors in the Thailand hub motor market include Bafang, Bosch, and TDCM. Bafang is known for its high-performance mid-drive motors, while Bosch is recognized for its reliable and efficient e-bike drive systems. TDCM focuses on producing a wide range of hub motors catering to different segments of the market. Each company has established a strong presence in the industry through innovation, quality, and strategic partnerships with e-bike manufacturers in Thailand.
In the Thailand hub motor market, there is a growing consumer preference for electric bicycles equipped with advanced features such as smart connectivity options. Companies like Yadea and Gogoro are at the forefront of integrating cutting-edge technology into their hub motors to meet this demand. Additionally, the Thai government's push for sustainable transportation solutions is driving policies that incentivize the adoption of electric vehicles, thereby boosting the market for hub motors in the country.
6Wresearch actively monitors the Thailand Hub Motor Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Hub Motor Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Thailand Hub Motor Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hub Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Hub Motor Market - Industry Life Cycle |
3.4 Thailand Hub Motor Market - Porter's Five Forces |
3.5 Thailand Hub Motor Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.6 Thailand Hub Motor Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
3.7 Thailand Hub Motor Market Revenues & Volume Share, By Motor, 2021 & 2031F |
4 Thailand Hub Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Thailand |
4.2.2 Government incentives and subsidies for electric vehicle adoption |
4.2.3 Growing concerns about environmental sustainability and reducing carbon footprint |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric vehicles and hub motors |
4.3.2 Limited charging infrastructure for electric vehicles in Thailand |
4.3.3 Lack of awareness and education about the benefits of electric vehicles |
5 Thailand Hub Motor Market Trends |
6 Thailand Hub Motor Market, By Types |
6.1 Thailand Hub Motor Market, By Installation |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hub Motor Market Revenues & Volume, By Installation, 2021-2031F |
6.1.3 Thailand Hub Motor Market Revenues & Volume, By Front, 2021-2031F |
6.1.4 Thailand Hub Motor Market Revenues & Volume, By Rear, 2021-2031F |
6.2 Thailand Hub Motor Market, By Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hub Motor Market Revenues & Volume, By E-Bikes, 2021-2031F |
6.2.3 Thailand Hub Motor Market Revenues & Volume, By E-Scooters/Mopeds, 2021-2031F |
6.2.4 Thailand Hub Motor Market Revenues & Volume, By E-Motorcycles, 2021-2031F |
6.3 Thailand Hub Motor Market, By Motor |
6.3.1 Overview and Analysis |
6.3.2 Thailand Hub Motor Market Revenues & Volume, By Geared , 2021-2031F |
6.3.3 Thailand Hub Motor Market Revenues & Volume, By Gearless, 2021-2031F |
7 Thailand Hub Motor Market Import-Export Trade Statistics |
7.1 Thailand Hub Motor Market Export to Major Countries |
7.2 Thailand Hub Motor Market Imports from Major Countries |
8 Thailand Hub Motor Market Key Performance Indicators |
8.1 Number of charging stations for electric vehicles in Thailand |
8.2 Percentage of electric vehicles in total vehicle sales in Thailand |
8.3 Investment in research and development for hub motor technology |
9 Thailand Hub Motor Market - Opportunity Assessment |
9.1 Thailand Hub Motor Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.2 Thailand Hub Motor Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
9.3 Thailand Hub Motor Market Opportunity Assessment, By Motor, 2021 & 2031F |
10 Thailand Hub Motor Market - Competitive Landscape |
10.1 Thailand Hub Motor Market Revenue Share, By Companies, 2024 |
10.2 Thailand Hub Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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