In-wheel Motor Market Report Covers Competition Landscape and Upcoming Trends by 2018 to 2027

The study outlines visionary perceptions focusing on dynamics including drivers, restraints, trends and opportunities. In addition, readers can actively gain access to prime market aspects such as pricing analysis, market size (US$ Mn & Volume) and forecast, cost structure, supply chain, Y-o-Y growth and a lot more. The global In-wheel motor market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each In-wheel motor market player in a comprehensive way. Further, the In-wheel motor market report emphasizes the adoption pattern of the In-wheel motor across various industries.

The In-wheel motor market report highlights the following players:

  • Protean Electric (US)
  • Elaphe (Slovenia)
  • ZIEHL-ABEGG (Germany)
  • Printed Motor Works (UK)

The In-wheel motor market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

Radial Motor in In-Wheel Motor Segment Likely To Deliver Supreme Incremental Opportunity

It has been recorded that increasing penetration of electric vehicles at the global level has given rise to significant demand for autonomous technology. The report advocates that radial in-wheel motors are anticipated to grow at a celebrated CAGR of 31.1% during the forecast period. Furthermore, the axial in-wheel motor is developing at a relatively slower pace in comparison to radial motors. The market share for axial motor is quite large across the global sector, thereby, producing an incremental prospect of US$ 2245.8 Mn by 2027-end.

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APEJ Region Delivers Encouraging Statistics during Forecast Period

On the basis of regional bifurcation, the global in-wheel motor market is evaluated across North America, Europe, Japan, Latin America, and Middle East and Africa (MEA) and Asia Pacific Excluding Japan (APEJ). Among these, the APEJ in-wheel motor market is likely to acquire favorable value share as well as growth in terms of CAGR during the forecast period. Furthermore, the APEJ market, in terms of value, is predicted to manage a prominent market share by 2027, trailed by North America.

Battery Electric Vehicles (BEVs) to Take Leading Edge in Propulsion Segment

According to this full-proof Fact.MR study, the in-wheel motor for battery electric vehicles is anticipated to maintain its prominent spot across the propulsion segment. The market share for BEVs is likely to grow at a significant CAGR of 29.5% during the period until 2027. Moreover, the rising demand for electric mobility amid consumers merged with rising awareness for diesel and gasoline emissions has steered in-wheel motor market towards a developing path.

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With the conclusion of this report, readers can learn about the significant players operating in the global in-wheel motor market. Some of the prime companies mentioned in the study are Key players operating in the global market for In-wheel motors, include Protean Electric (US), ZIEHL-ABEGG (Germany), Elaphe (Slovenia), NTN (Japan), Printed Motor Works (UK) and others.

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