In this article, the magneto-thermo analysis problem of an infinite functionally graded (FG) hollow cylinder is studied. The radial displacement, mechanical stresses and temperature, as well as the electromagnetic stress, are all investigated along the radial direction of the infinite cylinder. Material properties are assumed to be graded in the radial direction according to a novel power-law distribution in terms of the volume fractions of the metal and ceramic constituents. The inner surface of the FG cylinder is pure metal, whereas the outer surface is pure ceramic. The equations of motion and the heat-conduction equation are used to derive the governing second-order differential equations. A finite element scheme is presented for the numerical purpose. The system of differential equations is solved numerically and some plots for displacement, radial and electromagnetic stresses, and temperature are presented.