Market Overview

$322 Million In-Wheel Motor Market - Global Forecast to 2025


Dublin, Sept. 04, 2018 (GLOBE NEWSWIRE) -- The "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, 60-90 KW, and Above 90 Kw), and Region - Global Forecast to 2025" report has been added to's offering.

The global in-wheel motor market is 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 and tax rebates for electric vehicles, increased driving range, reliability, and improved vehicle performance are the factors responsible for the growth of the in-wheel motor market. However, high price and increase in unsprung weight in wheels are considered to be the major restraints for the growth of the in-wheel motor market.

The radial flux motor segment, by motor type, is the fastest growing segment of the in-wheel motor market. The radial flux motor is the most common motor type adopted for in-wheel motors as the rotor can be directly fixed to the wheel. Moreover, in radial flux motors, the outer rotor design is about 15% lighter than the inner rotor machine, which generates the same torque due to their longer air gap diameter. In-wheel motors are almost radial because of integration benefits, durability, and torque density.

North America is the fastest growing 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 such as Tesla and GM are focused on the development of faster, cleaner, and high-performance electric vehicles. The leading OEMs in the US that have launched electric vehicles nationwide, now resulting in the large demand for in-wheel motors. The top-selling electric vehicles in the US are equipped with in-wheel motors.

The report provides a picture of the global in-wheel motor market, along with the market details with respect to different regions and countries. It aims at estimating the market size and future growth potential of this market across different segments such as by propulsion type, vehicle type, motor type, cooling type, power output type, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.

The global in-wheel motor market is dominated by major players such as Protean Electric (US), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the In-Wheel Motor Market
4.2 Asia Pacific is Expected to Lead the Global In-Wheel Motor Market in 2025
4.3 In-Wheel Motor Market, By Power Output
4.4 In-Wheel Motor Market, By Cooling Type
4.5 In-Wheel Motor Market, By Motor Type
4.6 In-Wheel Motor Market, By Propulsion Type
4.7 In-Wheel Motor Market, By Vehicle Type

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Increased Simplicity and Efficiency of Vehicle Reduces Weight and Provides More Space
5.2.2 Restraints Increase in Unsprung Weight in Wheel
5.2.3 Opportunities Rising Trend of Autonomous Technology in Vehicle Increasing Penetration of Electric Vehicle Globally
5.2.4 Challenges High Cost Complexity in Controlling Individual Wheel Speed

6 In-Wheel Motor Market, By Components

6.1 Introduction
6.2 Suspension
6.3 Rotor and Stator
6.4 Wheel Bearings
6.5 Regenerative Braking System

7 In-Wheel Motor Market, By Cooling Type

7.1 Introduction
7.2 Air Cooling
7.3 Liquid Cooling

8 In-Wheel Motor Market, By Motor Type

8.1 Introduction
8.2 Axial Flux Motor
8.3 Radial Flux Motor

9 In-Wheel Motor Market, By Power Output

9.1 Introduction
9.2 Up to 60 KW
9.3 60-90 KW
9.4 Above 90 KW

10 In-Wheel Motor Market, By Propulsion Type

10.1 Introduction
10.2 Battery Electric Vehicle (BEV)
10.3 Fuel Cell Electric Vehicle (FCEV)
10.4 Hybrid Electric Vehicle (HEV)
10.5 Plug-In Hybrid Electric Vehicle (PHEV)

11 In-Wheel Motor Market, By Vehicle Type

11.1 Introduction
11.2 Passenger Cars (PC)
11.3 Commercial Vehicles (CV)

12 In-Wheel Motor Market, By Region

12.1 Introduction
12.2 Asia Pacific
12.2.1 China
12.2.2 India
12.2.3 Japan
12.2.4 South Korea
12.3 Europe
12.3.1 France
12.3.2 Germany
12.3.3 Italy
12.3.4 Netherlands
12.3.5 Norway
12.3.6 Sweden
12.3.7 United Kingdom
12.4 North America
12.4.1 Canada
12.4.2 US

13 Competitive Landscape

13.1 Overview
13.2 Market Ranking Analysis
13.3 Competitive Situation & Trends
13.3.1 New Product Developments
13.3.2 Collaborations/Joint Ventures/Supply Contracts/ Partnerships/Agreements

14 Company Profiles

14.1 Key Players
14.1.1 Protean Electric
14.1.2 Elaphe Ltd
14.1.3 Ziehl-Abegg
14.1.4 Printed Motor Works
14.1.5 NTN
14.1.6 E-Traction
14.1.7 TM4
14.1.8 Ecomove
14.1.9 NSK
14.1.10 Tajima EV
14.1.11 Yasa
14.1.12 Schaeffler
14.2 Key Players From Other Regions
14.2.1 North America General Motors Tesla Ford
14.2.2 Europe Volkswagen BMW Daimler Volvo
14.2.3 Asia Pacific Mitsubishi Motors Toyota Honda Hyundai Nissan

For more information about this report visit

         Laura Wood, Senior Manager
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Related Topics: Engines and Engine Parts 


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