In-wheel motor systems are employed to enhance the performance of varied electric vehicles. These systems replace driveshaft, transmission, differentials, and axles. The in-wheel motors also help in supplying torque to their associated tires alongside generating more power for enhancing a vehicle’s efficiency. The main progress driver of the universal in-wheel motor market within the future is that the ability of in-wheel motors to reinforce the performance of electrical vehicles by supplying torque to their associated tires and generating improved power to enhance the electrical vehicles’ efficiency.

Other factors that are anticipated to contribute notably toward the expansion of the in-wheel motor market globally over the estimated timeframe include the higher government subsidies and support, the rising range of diverse vehicles featuring in-wheel motors, and therefore the growing popularity of electrical vehicles across the planet.

Global In-Wheel Motor market is segmented based on the Propulsion as, BEV, HEV, PHEV, and FCEV. On the basis of Vehicle Type, the global In-Wheel Motor market is segregated as PC and CV. Global In-Wheel Motor market is segmented based on the Motor Type as, Axial Flux Motor and Radial Flux Motor. On the basis of Cooling Type, the global In-Wheel Motor market is segregated as Air Cooling and Liquid Cooling. On the basis of Power Output Type, the global In-Wheel Motor market is segregated as Upto 60 KW, 60-90 KW and Above 90 KW

Global In-Wheel Motor market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional In-Wheel Motor market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of In-Wheel Motor market manufacturers. The revenue generated from the sales of In-Wheel Motor manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation the key players considered Protean Electric (US), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan). OEMs such as Tesla (US), Nissan Motor Corporation (Japan), BYD (China), and BMW (Germany), and Volkswagen (Germany). Availability Services among others operating in the In-Wheel Motor market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

The In-Wheel Motor Market has been segmented as below:

In-Wheel Motor Market, By Propulsion

• BEV
• FCEV
• HEV
• PHEV

In-Wheel Motor Market, By Vehicle Type

• Passenger Car
• Commercial Vehicle

In-Wheel Motor Market, By Motor Type

• Axial Flux Motor
• Radial Flux Motor

In-Wheel Motor Market, By Cooling Type

• Air Cooling
• Liquid Cooling

In-Wheel Motor Market, By Power Output Type

• Upto 60 KW
• 60-90 KW
• Above 90 KW

In-Wheel Motor Market, By Region

• North America
• Europe
• Asia Pacific
• Rest of World

Report scope:

The global In-Wheel Motor market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

Reasons to Buy this Report:

• Gain comprehensive insights on the industry trends
• Identify industry opportunities and key growth segments
• Obtain complete market study on the In-Wheel Motor market

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