Demand For In-Wheel Motors Rising

MarketsandMarkets’ report, “In-wheel Motor Market by Propulsion, Vehicle, Motor, Cooling, Power Output, and Region - Global Forecast to 2025”, projects the market to grow at a CAGR of 35.02% from $322.8 million in 2018 to reach $2,641.1 million by 2025. Factors influencing growth are improved vehicle performance, replacement of transmission, drive shaft, axles, and differentials. For background, in-wheel motors supply torque to its associated tire and generates more power to improve the efficiency of a vehicle.

 

Report Highlights

Sponsored by Anritsu Company

New VNA technologies enable mmWave broadband testing to 220 GHz, helping researchers and engineers to overcome test challenges and simplify mmWave testing.

Application development in the mmWave frequencies is growing. Broadband testing over hundreds of GHz of bandwidth is subject to repeatability/accuracy deficits, and engineers demand solutions to help overcome challenges and simplify mmWave testing.
  • Electric passenger car segment: Expected to dominate the In-Wheel Motor Market
  • BEVs: Expected to dominate the In-Wheel Motor Market
  • Asia Pacific: Largest market for in-wheel motors
  • The major In-Wheel Motor Market players are Protean Electric (US), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan).

 

Need to know more about the in-wheel motor market? Browse the “In-Wheel Motor Market” report.

 

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