The Global In-wheel Motors Market is estimated to value at around US$ 0.4 Bn in 2018, and is expected to register a CAGR of 9.0% over the forecast period. In-wheel motors are technologically advanced wheels that provide more room for passengers and also help with elimination of all transmission losses. Major factor driving growth of the global in-wheel motors market is growing adoption of electrical vehicles among individuals owing to rising environmental concerns.
The global in-wheel motors market report has been segmented on the basis of type, application, and region/country. On the basis of type, the target market is segmented into outer rotor type and inner rotor type. The inner rotor segment expected to register a CAGR of 9% over the forecast period.
On the basis of application, the target market is segmented into passenger cars, commercial vehicles, and others. The passenger vehicles segment is expected to register significant growth in terms of revenue over the forecast period, owing to increasing adoption of private electric vehicles among individuals.
On the basis of region/countries, the global in-wheel motors market is segmented into North America, Europe, China, Japan, Southeast Asia, India, South America, and Middle East & Africa. The market in China is expected to account for major share in terms of revenue in the global market over the forecast period, owing to increasing pollution and increasing government initiatives to reduce carbon emission from vehicles. The market in India is projected to register highest CAGR of over 10% in the global market over the forecast period. The market in North America is expected to account for second highest share in terms of revenue in the near future, owing high adoption of advanced technology among consumers in this region. The market in Europe is expected to register lucrative growth rate in terms of revenue over the forecast period, owing to growing number of growing zero emission vehicles.
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Key players operating in the global in-wheel motors market include Protean Electric Inc., Elaphe Ltd., e-Traction Europe B.V., ZIEHL-ABEGG SE, Compagnie Générale des Établissements Michelin, Honda Motor Co., Ltd., GEM Motors d.o.o., Bridgestone Corporation, Schaeffler AG, and NSK Ltd.
Table Of Content:
1.0 Chapter 1
- 1.1 Preface
- 1.2 Assumptions
- 1.3 Abbreviations
2.0 Chapter 2
- 2.1 Report Description
- 2.1.1 Market Definition and Scope
- 2.2 Executive Summary
- 2.2.1 Market Snapshot, By Type
- 2.2.2 Market Snapshot, By Application
- 2.2.3 Market Snapshot, By Region/Country
- 2.2.4 Prudour Opportunity Map Analysis
3.0 Chapter 3
- 3.0.1 Global In-wheel Motor Market Dynamics
- 3.0.2 Drivers (D)
- 3.0.3 Restraints (R)
- 3.0.4 Opportunities
- 3.0.5 Trends
- 3.0.6 PEST Analysis
- 3.0.7 PORTER’S Five Forces Analysis
- 3.0.8 DR Impact Analysis
- 3.0.9 Pricing Analysis
4.0 Chapter 4
- 4.0.1 Global In-wheel Motor Market Analysis, by Type
- 4.0.2 Overview
- 4.0.3 Segment Trends
- 4.0.4 Market Value and Forecast, and Y-o-Y Growth, 2013–2027, (US$ Mn)