Two Wheeler Axial Flux Motors Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 47.59 Million
CAGR (2026-2031)	6.02%
Fastest Growing Segment	HEV
Largest Market	Europe
Market Size (2031)	USD 67.58 Million

Market Overview

The Global Two Wheeler Axial Flux Motors Market will grow from USD 47.59 Million in 2025 to USD 67.58 Million by 2031 at a 6.02% CAGR. Two-wheeler axial flux motors are electric traction units characterized by magnetic flux traveling parallel to the axis of rotation, offering superior torque density and a compact, disc-like form factor compared to conventional radial flux alternatives. These motors are increasingly utilized in electric motorcycles and scooters to optimize chassis space and enhance vehicle range through weight reduction. The market is propelled by the escalating demand for high-performance electric mobility solutions and global regulatory mandates enforcing fleet electrification, which necessitate efficient powertrain components. According to the International Energy Agency, in 2025, the global sales share of electric two- and three-wheelers remained at approximately 15%, highlighting a sustained demand for advanced electric drive technologies.

However, a significant challenge impeding the broader market expansion is the high manufacturing complexity and associated cost of these motors. The precision required to maintain the narrow air gap between the rotor and stator demands specialized production processes, which currently keeps unit costs elevated relative to traditional motor topologies. This price disparity restricts the widespread adoption of axial flux technology primarily to premium vehicle segments, limiting its penetration into the cost-sensitive mass market for two-wheelers.

Key Market Drivers

The superior torque-to-weight ratio of axial flux motors is a primary driver for their adoption in the Global Two Wheeler Axial Flux Motors Market, particularly for high-performance electric motorcycles. These motors utilize a unique geometry where the magnetic flux travels parallel to the axis of rotation, enabling significantly higher power densities compared to radial flux counterparts. This architecture allows manufacturers to deliver internal combustion engine (ICE) comparable acceleration in a lightweight package, addressing a critical consumer demand for agility and speed. According to Auto Tech News, October 2025, YASA’s latest axial flux prototype achieved a record power density of 59 kW/kg, demonstrating the technology's capability to provide substantial power within a compact footprint. Such advancements are essential for premium electric two-wheelers where minimizing powertrain mass is paramount for optimizing vehicle handling.

Rising demand for electric motorcycles with ICE-comparable acceleration characteristics further accelerates the integration of these advanced powertrains. As the global push for electrification intensifies, riders increasingly seek zero-emission vehicles that do not compromise on performance. This shift is evident in key markets where electric mobility adoption is surging, creating a robust environment for advanced component suppliers. According to the Federation of Automobile Dealers Associations, December 2025, electric two-wheeler retail sales in India reached 116,982 units in November 2025, underscoring the growing appetite for electric mobility solutions. To meet this volume demand with high-performance components, manufacturing scalability is becoming a focal point. According to The Manufacturer, November 2025, YASA celebrated the production of its 50,000th axial flux motor, highlighting the industrial maturity required to support the expanding global market for high-efficiency electric drives.

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Key Market Challenges

The high manufacturing complexity and associated production costs of axial flux motors constitute a significant barrier to the expansion of the Global Two Wheeler Axial Flux Motors Market. Producing these motors requires maintaining an extremely narrow and consistent air gap between the rotor and stator, a process that demands specialized tooling and high-precision assembly techniques. These requirements result in elevated unit costs compared to conventional radial flux motors, which benefit from established, cost-efficient manufacturing infrastructure. Consequently, original equipment manufacturers often reserve axial flux technology for low-volume, premium motorcycle segments rather than high-volume commuter scooters, limiting the technology's overall market penetration.

This cost disparity creates a disconnect between the price of advanced powertrain components and the economic expectations of the mass market. The two-wheeler sector is highly price-sensitive, and the inclusion of expensive motor technologies directly impacts the final retail price, deterring widespread adoption. According to the Society of Indian Automobile Manufacturers, in 2024, the market penetration of electric two-wheelers stood at approximately 5.4% of total domestic two-wheeler sales. This relatively low adoption rate underscores the market's reluctance to absorb higher costs, thereby restricting the growth potential for expensive components like axial flux motors in the broader transport sector.

Key Market Trends

The utilization of Soft Magnetic Composite (SMC) materials is reshaping manufacturing by enabling three-dimensional magnetic flux paths difficult to achieve with traditional laminated steel. SMCs allow for complex net-shape molding of core components, significantly lowering production complexity by eliminating the intricate stacking processes required for radial flux topologies. This material innovation directly addresses the cost barriers associated with high-precision assembly while optimizing the magnetic circuit for compact form factors. According to Sumitomo Electric, April 2025, in the 'Sumitomo Electric Technical Review', their newly developed axial flux machine utilizing SMCs achieved a power density of 12.6 kW/kg, confirming that powder metallurgy can deliver high-output performance while streamlining the mass production of electric powertrains.

Simultaneously, the transition toward direct-drive in-wheel hub configurations utilizes the slim, disc-like profile of axial flux motors to eliminate mechanical transmission losses. By mounting the propulsion unit directly in the wheel, manufacturers can remove heavy belts, chains, and gearboxes, thereby freeing up critical chassis space for larger battery packs. This integration enhances system efficiency and simplifies vehicle architecture, which is particularly advantageous for compact electric scooters where spatial constraints are acute. According to Brogen EV Solution, July 2024, in the article 'Axial Flux Motors for Electric Motorcycles - Benefits & Applications', their deployment of a 15 kW axial flux motor in a direct-drive setup improved vehicle range by over 15% compared to conventional drive systems, highlighting the operational gains of transmission-less topologies.

Segmental Insights

Based on recent market intelligence, the Hybrid Electric Vehicle (HEV) segment is recognized as the fastest-growing category in the Global Two Wheeler Axial Flux Motors Market. This rapid expansion is primarily driven by the motor’s high torque-to-weight ratio and compact "pancake" design, which allow for seamless integration into the limited chassis space of motorcycles and scooters alongside existing engines. As manufacturers strive to comply with rigorous emission standards from regulatory bodies like the European Union, they are adopting axial flux technology to create efficient hybrid powertrains. This approach effectively enhances vehicle performance and fuel economy without the immediate infrastructure dependencies of full electrification.

Regional Insights

Europe maintains a dominant position in the global two-wheeler axial flux motor market, driven largely by stringent emission regulations established by the European Union. These legislative measures compel manufacturers to transition toward electric mobility, thereby increasing the demand for efficient powertrain technologies. Axial flux motors are particularly valued in the European sector for their compact design and high torque capabilities, which allow engineers to optimize vehicle range and weight without compromising performance. Consequently, major automotive hubs in the region actively prioritize the integration of these motors into electric motorcycles and scooters to meet regulatory compliance and market demand.

Recent Developments

In September 2025, Turntide Technologies announced the successful deployment of its lightweight axial flux motor by an Austrian systems integrator for a high-performance electric motorbike platform. The collaboration involved selecting a motor with a short axial length and high power density to meet stringent packaging and weight constraints within the vehicle's transmission system. The company reported that the axial flux solution operated at speeds of 8,000 rpm and improved the vehicle's overall balance and roll-on torque, validating the technology's suitability for demanding two-wheeler applications where space and weight efficiency are critical.
In August 2025, Diem Motors unveiled its inaugural electric motorcycle concept, the X-01, which integrates a specialized hub-mounted axial flux motor. The Danish startup designed the vehicle with a single-beam frame and a single-sided swingarm, utilizing the compact nature of the axial flux motor to eliminate traditional drivetrain components such as chains, sprockets, and gearboxes. This direct-drive configuration was engineered to deliver approximately 47 horsepower while significantly reducing maintenance requirements and improving urban agility, demonstrating the potential of axial flux technology to enable novel form factors in electric motorcycle design.
In April 2024, Traxial, a subsidiary of Magnax, released details regarding its new "design-for-manufacture" methodology aimed at making axial flux motors a mainstream solution for electric vehicles, including two-wheelers. The company announced that it had successfully minimized the number of parts and optimized the assembly process to facilitate automation, addressing the historical challenge of high manufacturing costs associated with axial flux topologies. This breakthrough was positioned to support mass production capacities, enabling the company to offer compact, high-torque-density motors to OEMs seeking efficient propulsion systems for next-generation electric mobility applications.
In March 2024, Italian Volt commenced the commercial availability of its high-performance electric motorcycle, the Lacama 2.0, following its earlier showcase. The motorcycle is distinguished by its bespoke customization options and features a powerful axial flux permanent magnet synchronous (PMS) motor that drives the rear wheel through a carbon belt. This powertrain configuration allows the vehicle to achieve a top speed of 230 km/h and acceleration from 0 to 100 km/h in under four seconds. The launch highlighted the application of axial flux technology in the premium electric two-wheeler segment, leveraging the motor's high torque density to deliver superior performance.

Key Market Players

YASA Limited
Magnax
EMRAX
Phi-Power AG
PanGood
Omni Powertrain Technologies
Naxatra Labs
Turntide Technologies
Beyond Motors
Evolito

By Propulsion	By Demand Category	By Region
BEV HEV PHEV	OEM Aftermarket	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Two Wheeler Axial Flux Motors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Two Wheeler Axial Flux Motors Market, By Propulsion:

BEV
HEV
PHEV

Two Wheeler Axial Flux Motors Market, By Demand Category:

OEM
Aftermarket

Two Wheeler Axial Flux Motors Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Two Wheeler Axial Flux Motors Market.

Available Customizations:

Global Two Wheeler Axial Flux Motors Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

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Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Two Wheeler Axial Flux Motors Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Propulsion (BEV, HEV, PHEV)

5.2.2. By Demand Category (OEM, Aftermarket)

5.2.3. By Region

5.2.4. By Company (2025)

5.3. Market Map

6. North America Two Wheeler Axial Flux Motors Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Propulsion

6.2.2. By Demand Category

6.2.3. By Country

6.3. North America: Country Analysis

6.3.1. United States Two Wheeler Axial Flux Motors Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Propulsion

6.3.1.2.2. By Demand Category

6.3.2. Canada Two Wheeler Axial Flux Motors Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Propulsion

6.3.2.2.2. By Demand Category

6.3.3. Mexico Two Wheeler Axial Flux Motors Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Propulsion

6.3.3.2.2. By Demand Category

7. Europe Two Wheeler Axial Flux Motors Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Propulsion

7.2.2. By Demand Category

7.2.3. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Two Wheeler Axial Flux Motors Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Propulsion

7.3.1.2.2. By Demand Category

7.3.2. France Two Wheeler Axial Flux Motors Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Propulsion

7.3.2.2.2. By Demand Category

7.3.3. United Kingdom Two Wheeler Axial Flux Motors Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Propulsion

7.3.3.2.2. By Demand Category

7.3.4. Italy Two Wheeler Axial Flux Motors Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Propulsion

7.3.4.2.2. By Demand Category

7.3.5. Spain Two Wheeler Axial Flux Motors Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Propulsion

7.3.5.2.2. By Demand Category

8. Asia Pacific Two Wheeler Axial Flux Motors Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Propulsion

8.2.2. By Demand Category

8.2.3. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Two Wheeler Axial Flux Motors Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Propulsion

8.3.1.2.2. By Demand Category

8.3.2. India Two Wheeler Axial Flux Motors Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Propulsion

8.3.2.2.2. By Demand Category

8.3.3. Japan Two Wheeler Axial Flux Motors Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Propulsion

8.3.3.2.2. By Demand Category

8.3.4. South Korea Two Wheeler Axial Flux Motors Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Propulsion

8.3.4.2.2. By Demand Category

8.3.5. Australia Two Wheeler Axial Flux Motors Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Propulsion

8.3.5.2.2. By Demand Category

9. Middle East & Africa Two Wheeler Axial Flux Motors Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Propulsion

9.2.2. By Demand Category

9.2.3. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Two Wheeler Axial Flux Motors Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Propulsion

9.3.1.2.2. By Demand Category

9.3.2. UAE Two Wheeler Axial Flux Motors Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Propulsion

9.3.2.2.2. By Demand Category

9.3.3. South Africa Two Wheeler Axial Flux Motors Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Propulsion

9.3.3.2.2. By Demand Category

10. South America Two Wheeler Axial Flux Motors Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Propulsion

10.2.2. By Demand Category

10.2.3. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Two Wheeler Axial Flux Motors Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Propulsion

10.3.1.2.2. By Demand Category

10.3.2. Colombia Two Wheeler Axial Flux Motors Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Propulsion

10.3.2.2.2. By Demand Category

10.3.3. Argentina Two Wheeler Axial Flux Motors Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Propulsion

10.3.3.2.2. By Demand Category

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Two Wheeler Axial Flux Motors Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. YASA Limited

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Magnax

15.3. EMRAX

15.4. Phi-Power AG

15.5. PanGood

15.6. Omni Powertrain Technologies

15.7. Naxatra Labs

15.8. Turntide Technologies

15.9. Beyond Motors

15.10. Evolito

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Two Wheeler Axial Flux Motors Market in 2025?

Which is the dominating region in the Global Two Wheeler Axial Flux Motors Market?

Which is the fastest growing segment in the Global Two Wheeler Axial Flux Motors Market?

What is the expected growth rate of the Global Two Wheeler Axial Flux Motors Market?

Two Wheeler Axial Flux Motors Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Propulsion (BEV, HEV, PHEV), By Demand Category (OEM, Aftermarket) By Region, By Competition, 2021-2031F

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Two Wheeler Axial Flux Motors Market in 2025?

Which is the dominating region in the Global Two Wheeler Axial Flux Motors Market?

Which is the fastest growing segment in the Global Two Wheeler Axial Flux Motors Market?

What is the expected growth rate of the Global Two Wheeler Axial Flux Motors Market?