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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.
In-Wheel Motor Market, By Components
1 Introduction
2 Suspension
3 Rotor and Stator
4 Wheel Bearings
5 Regenerative Braking System
In-Wheel Motor Market, By Cooling Type
1 Introduction
2 Air Cooling
3 Liquid Cooling
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.
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The report will help In-wheel motor market leaders/new entrants provide the closest approximations of the revenue numbers of overall in-wheel motor market & 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 key market players profiled in the report are:
1 Protean Electric (US)
2Elaphe (Slovenia)
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)
11 Schaeffler(Germany)
Get Discount on “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 at http://www.rnrmarketresearch.com/contacts/discount?rname=1641120 .
“Availability of government support such as subsidies and tax rebates for electric vehicles, eliminating the need for the driveshaft and better torque control has driven the demand for in-wheel motor globally.”
Target Audience
1 EV components manufacturers
2 In-wheel motor manufacturers
3 EV distributors and retailers
4 EV manufacturers
The increasing support from governments in China, Japan France, Norway and the US, and the OEM’s efforts to improve the existing EVs models are expected to drive the sales of electric vehicles Passenger Cars (PCs) during the forecast period, which in turn would boost the demand for in-wheel motors for passenger cars.
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