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Automotive In-Wheel Motors Market by Propulsion (Full Cell Electric Vehicle (FCEV), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle (BEV) and Plug-in-hybrid Vehicle (PHEV)), Motor Type (Radial Flux Motor and Axial Flux Motor), Vehicle Type (Passenger Car and Commercial Vehicle), Power Output (Up to 60KW, 60 – 90KW and Above 90KW) and Cooling Type (Liquid Cooling and Air Cooling): Global Opportunity Analysis and Industry Forecast, 2021–2027
| A10337 | Pages: NA | Jun 2021 | 190 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive In-wheel Motors Market
Request Now !An automotive in-wheel motor is an essential part of the transmission assembly, which is used to drive the wheel of an electric vehicle, thereby offering better control to the vehicle. Automotive in-wheel motors are used in all electric vehicles, including passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). In-wheel motor systems are employed to improve the performance of various electric vehicles. The in-wheel motor helps to supply torque to the associated tires and generate more power to enhance the vehicle’s efficiency. Therefore, this leads to the growth of the automotive in-wheel market in near future.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered | Propulsion, Motor Type, Vehicle Type, Power Output, Cooling Type |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | NTN, Printed Motor Works, ZIEHL-ABEGG, BMW, BYD, Tesla, Volkswagen, Nissan Motor Corporation, Elphae, and Protean Electric |
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COVID-19 scenario analysis:
- COVID-19 has led to demand and supply shocks at the same time, which led to significant disruption of the supply chain.
- COVID-19 contagion triggered reverse migration. Laborers are afraid to get back to factories.
- More traffic cognition results in more use of vehicles. However, due to COVID-19, there is no traffic and no demand for automotive in-wheel motors.
- COVID-19 pandemic has slowed down the production of automotive in-wheel motors and is expected to restart only when the situation becomes stable.
- COVID-19 outbreak has led to negative consequences for electric vehicle sales and battery manufacturing capacity globally.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The significant factors that led to the growth of the automotive in-wheel motors market are improved performance of electric vehicles and government support & subsidies. However, high manufacturing cost and complicated speed wheel control hamper the growth of the automotive in-wheel motors market. Furthermore, increase in range of diverse vehicles that feature in-wheel motors is anticipated to fuel the growth of the automotive in-wheel motors market.
Improved performance of electric vehicles
The major driving factor of the automotive in-wheel motor market is the ability of in-wheel motors to improve the performance of electric vehicles. In-wheel motor helps to supply torque to the associated tires and escalated power to increase the efficiency of electric vehicles. Therefore, this leads to the growth of the in-wheel motor market in the coming years.
Government support and subsidies
Government subsidy and support are expected to expand the automotive in-wheel motor market globally over the estimated timeframe. Therefore, government subsidies increase the demand for in-wheel motors, thereby leading to the growth of the in-wheel motor market in the near future.
Key segments covered:
Segments | Sub-segments |
  Propulsion |
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 Motor Type |
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 Vehicle Type |
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 Power Output |
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 Cooling Type |
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Key benefits of the report:
- This study presents the analytical depiction of the automotive in-wheel motors market along with current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the automotive in-wheel motors market share.
- The current market is analyzed from 2020 to 2027 to highlight the automotive in-wheel motors market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions answered in the automotive in-wheel motors market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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