(EMAILWIRE.COM, February 07, 2019 ) The in-wheel motor ecosystem consists of in-wheel motor manufacturers such as Protean Electric (US), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan). The ecosystem also covers various OEMs such as Tesla (US), Nissan Motor Corporation (Japan), BYD (China), BMW (Germany), and Volkswagen (Germany).
North America is fastest growing in-wheel motor market for EVs, followed by Asia Pacific. North America is a regional hub for many renowned EV manufacturers, which are known for delivering
quality and high-performance vehicles. OEMs in North America like Tesla and GM are focused on development of faster, cleaner, & high-performance electric vehicles. BMW, Nissan, Volkswagen, & Daimler are leading OEMs in US that have launched electric vehicles nationwide, resulting in large demand for in-wheel motors.
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Objective of study is to define, describe, & provide a detailed analysis of in-wheel motors market. Report segments market by propulsion, vehicle type, motor type, cooling type, power output, and region. Primary aim of research study is to provide an in-depth analysis of global in-wheel motor market along with dynamics driving market. A detailed study of various market leaders has been done, and an opportunity analysis has been provided in the report.
#Table of Content
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 In-Wheel Motor Market, By Components
7 In-Wheel Motor Market, By Cooling Type
8 In-Wheel Motor Market, By Motor Type
9 In-Wheel Motor Market, By Power Output
10 In-Wheel Motor Market, By Propulsion Type
11 In-Wheel Motor Market, By Vehicle Type
12 In-Wheel Motor Market, By Region
13 Competitive Landscape
14 Company Profiles
15 Company Profiles
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Global in-wheel motor market estimated to grow from USD 322.8 million in 2018 at a CAGR of 35.02% to reach USD 2,641.1 by 2025. Government subsidies & tax rebates for electric vehicles, increased driving range, reliability, & improved vehicle performance are factors responsible for growth of in-wheel motor market.
The report will help in-wheel motor market leaders/new entrants provide the closest approximations of the revenue numbers of the overall in-wheel motor market and its sub segments. This report will help stakeholders understand the competitor landscape better and gain more insights to position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.
The key market players profiled in the report are:
1 Protean Electric (US)
3 ZIEHL-ABEGG (Germany)
4 Printed Motor Works (UK)
5 NTN (Japan)
6 E-TRACTION (The Netherlands)
7 TM4 (Canada)
8 ECOmove (Germany)
9 NSK (Japan)
10 TAJIMA EV (Japan)
#Get Discount In-Wheel Motor Market by Propulsion (BEV, HEV, PHEV, and FCEV), Vehicle (PC and CV), Motor (Axial Flux and Radial Flux), Cooling (Air and Liquid), Power Output (Up to 60 KW, 6090 KW, and Above 90 Kw), and Region – Global Forecast to 2025 report at http://www.reportsnreports.com/contacts/discount.aspx?name=1627716 .
The increasing support from governments in China, Japan France, Norway & US, & OEMs efforts to improve existing EVs models are expected to drive sales of electric vehicles Passenger Cars (PCs) during forecast period, which in turn would boost demand for in-wheel motors for passenger cars. Availability of government support like subsidies & tax rebates for electric vehicles, eliminating need for driveshaft and better torque control has driven demand for in-wheel motor globally.
Key Target Audience
1 EV components manufacturers
2 In-wheel motor manufacturers
3 EV distributors and retailers
4 EV manufacturers
Its sub segments. This report will help stakeholders understand competitor landscape better & gain more insights to position their businesses and make suitable go-to-market strategies. The electric passenger car segment is estimated to be the largest of the global in-wheel motor market in 2018. The market growth of in-wheel motors can be attributed to factors such as improved fuel efficiency, high torque, increased power, and provision of better vehicle handling to both new and existing vehicles.