In-wheel Motors Market

In-wheel motors allow torque to be applied at the wheel; the point where the torque is required. In-wheel motors occupy the most unobtrusive space inside the vehicle, leaving more volume inside the vehicle body for batteries and luggage.

Direct-drive, in-wheel motors require no gearboxes, driveshafts or differentials, thus giving far greater flexibility to vehicle designers while substantially reducing drivetrain losses. The reduced drivetrain losses mean less energy is wasted (during both acceleration and regenerative braking), resulting in more of the energy from the battery pack being available to propel the vehicle.

Each in-wheel motor can be controlled entirely independently, providing far greater control, performance and vehicle dynamics characteristics than any other drive system; traction control, launch control and torque vectoring are all easily implemented through the use of in-wheel motors.

In-wheel Motors Market contains market size and forecasts of In-wheel Motors in global, including the following market information:

Global In-wheel Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global In-wheel Motors Market Sales, 2017-2022, 2023-2028, (Units)

Global top five In-wheel Motors companies in 2021 (%)

The global In-wheel Motors market was valued at 40 million in 2021 and is projected to reach US$ 264.4 million by 2028, at a CAGR of 30.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Outer Rotor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of In-wheel Motors include Protean Electric, Elaphe, e-Traction and ZIEHL-ABEGG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the In-wheel Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global In-wheel Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global In-wheel Motors Market Segment Percentages, by Type, 2021 (%)

Outer Rotor

Inner Rotor

Global In-wheel Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global In-wheel Motors Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Others

Global In-wheel Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global In-wheel Motors Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies In-wheel Motors revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies In-wheel Motors revenues share in global market, 2021 (%)

Key companies In-wheel Motors sales in global market, 2017-2022 (Estimated), (Units)

Key companies In-wheel Motors sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Protean Electric

Elaphe

e-Traction

ZIEHL-ABEGG