Description
In-wheel motor Market Research Report Forecast 2027
Market Dynamics
The Worldwide in-wheel motor Market is projected to enroll a significant CAGR of 32.31% during the estimated time frame. These motors are mounted straightforwardly on the wheels to control the wheel by straightforwardly supplying the force to the separate tires. This sort of motor lessens the weight and works on the proficiency of the vehicle.
The legislatures and particular state states of different nations are taking certain initiatives to increase mindfulness about using electric business vehicles to control the unfavorable effect on the climate and unfamiliar trade holds. This is because unrefined petroleum costs are continuously increasing. The electric vehicle decreases how much clamor and contamination created contrasted with ordinary vehicles.
Business vehicles offer open doors for more vehicle work around evening time, hence reducing the weight on the streets during the day. Accordingly, numerous electric vehicle manufacturing organizations are investing in item improvement to take special care of the increasing interest from clients.
Market Segmentation
BEV, PHEV, and FCEV are the fragments in view of the Propulsion type of the Worldwide In-wheel motor Market. Air cooling and Fluid cooling are the fragments in view of the cooling type. Hub transition motor and Spiral motion motor are the sections in light of the Motor type of the Market.
60 kW, 60-90 kW, or more 90 kW are the fragments in view of the power output of the Worldwide In-wheel motor Market. Passenger vehicles and commercial vehicles are fragments considering the application of the Market.
Regional Analysis
Asia-Pacific is assessed to hold the most elevated income for the In-wheel motor market share all through the conjecture period. The interest in business electric vehicles in Asia-Pacific is supposed to become fundamental because of the growing interest in electric transports and the initiatives to advance the improvement of electric vehicles taken by the state-run administrations of nations like China, Japan, and India.
Besides, the rising interest in the advancement of charging infrastructure and increasing coordinated efforts between the auto OEMs in the region brings about the market’s development in this region.
Europe has seen huge development toward EV appropriations. Incentive lifts by green recuperation reserves, more alluring EV model decisions from top brands, like Daimler AG, BMW, and Volkswagen, increased accessibility, and intense advancement of EVs in the region have additionally helped prod customer side interest.
One more lift to the growing electric vehicle market is the responsibility of Passage Motor Organization to send off an all-electric vehicle line-up by 2030 in the European region. The organization expects to send off its most memorable full-line passenger EV in 2023 and afterward onwards to send off each vehicle to be offered in Europe to be either an EV or a module cross-breed (PHEV) by 2026.
Major Players
The Key Companies operating in the in-wheel electric motor market are Protean Electric (US), NTN (Japan), NSK (Japan), Printed Motor Works (UK), Elaphe Ltd. (Slovenia), Ziehl-Abegg (Germany), e-Traction (Netherlands), DANA TM4 (Canada), Ecomove (Denmark), TAJIMA EV (Japan), YASA (UK), and Schaeffler (Germany).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL IN-WHEEL MOTOR MARKET, BY PROPULSION TYPE
1.1.2 GLOBAL IN-WHEEL MOTOR MARKET, BY COOLING TYPE
1.1.3 GLOBAL IN-WHEEL MOTOR MARKET, BY MOTOR TYPE
1.1.4 GLOBAL IN-WHEEL MOTOR MARKET, BY VEHICLE TYPE
1.1.5 GLOBAL IN-WHEEL MOTOR MARKET, BY POWER OUTPUT
1.1.6 GLOBAL IN-WHEEL MOTOR MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 GOVERNMENT INITIATIVES TO ENCOURAGE ADOPTION OF ELECTRIC COMMERCIAL VEHICLES
4.2.2 EXPANSION OF GLOBAL ELECTRIC VEHICLE MANUFACTURERS INTO EMERGING MARKETS
4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 HIGH PRICES OF ELECTRIC VEHICLES
4.3.2 LIMITED CAPACITY OF BATTERIES
4.3.3 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
4.4.1 INCREASING LOGISTIC ACTIVITIES
4.5 COVID-19 IMPACT ANALYSIS
4.5.1 ECONOMIC IMPACT ON THE AUTOMOTIVE INDUSTRY
4.5.2 IMPACT ON PRODUCTION AND SALES
4.5.2.1 NISSAN
4.5.2.2 GROUPE RENAULT
4.5.2.3 VOLVO
4.5.2.4 VOLKSWAGEN AG
4.5.2.5 FIAT CHRYSLER AUTOMOBILES
4.5.2.6 HYUNDAI-KIA
4.5.2.7 DAIMLER
4.5.3 IMPACT ON THE IN-WHEEL MOTOR MARKET
4.5.3.1 IMPACT ON SUPPLY CHAIN
4.5.3.2 CASH FLOW CONSTRAINTS
4.5.3.3 IMPACT ON MARKET DEMAND
4.5.3.4 IMPACT ON PRICING
4.5.4 IMPACT ON WORLD TRADE
5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES MODEL
5.1.1 THREAT OF NEW ENTRANTS
5.1.2 BARGAINING POWER OF SUPPLIERS
5.1.3 THREAT OF SUBSTITUTES
5.1.4 BARGAINING POWER OF BUYERS
5.1.5 INTENSITY OF RIVALRY
5.2 SUPPLY CHAIN ANALYSIS
5.2.1 DESIGN & DEVELOPMENT
5.2.2 RAW MATERIAL/COMPONENT SUPPLY
5.2.3 ASSEMBLY
5.2.4 DISTRIBUTION/SUPPLY
5.2.5 END USE
6 GLOBAL IN-WHEEL MOTOR MARKET, BY PROPULSION TYPE
6.1 OVERVIEW
6.2 BEV
6.3 PHEV
6.4 FCEV
7 GLOBAL IN-WHEEL MOTOR MARKET, BY COOLING TYPE
7.1 OVERVIEW
7.2 AIR COOLING
7.3 LIQUID COOLING
8 GLOBAL IN-WHEEL MOTOR MARKET, BY MOTOR TYPE
8.1 OVERVIEW
8.2 AXIAL FLUX MOTOR
8.3 RADIAL FLUX MOTOR
9 GLOBAL IN-WHEEL MOTOR MARKET, BY POWER OUTPUT
9.1 OVERVIEW
9.2 UP TO 60 KW
9.3 60–90 KW
9.4 ABOVE 90 KW
10 GLOBAL IN-WHEEL MOTOR MARKET, BY VEHICLE TYPE
10.1 OVERVIEW
10.2 PASSENGER CARS
10.3 COMMERCIAL VEHICLES
11 GLOBAL IN-WHEEL MOTOR MARKET, BY REGION
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 US
11.2.2 CANADA
11.2.3 MEXICO
11.3 EUROPE
11.3.1 GERMANY
11.3.2 UK
11.3.3 FRANCE
11.3.4 ITALY
11.3.5 REST OF EUROPE
11.4 ASIA-PACIFIC
11.4.1 CHINA
11.4.2 JAPAN
11.4.3 INDIA
11.4.4 REST OF ASIA-PACIFIC
11.5 REST OF THE WORLD
11.5.1 MIDDLE EAST & AFRICA
11.5.2 SOUTH AMERICA
12 COMPETITIVE LANDSCAPE
12.1 COMPETITIVE OVERVIEW
12.2 COMPETITIVE BENCHMARKING
12.3 MARKET SHARE ANALYSIS
12.4 KEY DEVELOPMENTS IN THE GLOBAL IN-WHEEL MOTOR MARKET
12.4.1 PRODUCT DEVELOPMENT
12.4.2 PARTNERSHIP
12.4.3 MERGERS & ACQUISITIONS
12.4.4 EXPANSION
13 COMPANY PROFILES
13.1 PROTEAN
13.1.1 COMPANY OVERVIEW
13.1.2 FINANCIAL OVERVIEW
13.1.3 PRODUCTS OFFERED
13.1.4 KEY DEVELOPMENTS
13.1.5 SWOT ANALYSIS
13.1.6 KEY STRATEGIES
13.2 NTN CORPORATION
13.2.1 COMPANY OVERVIEW
13.2.2 FINANCIAL OVERVIEW
13.2.3 PRODUCTS OFFERED
13.2.4 KEY DEVELOPMENTS
13.2.5 SWOT ANALYSIS
13.2.6 KEY STRATEGIES
13.3 NSK LTD.
13.3.1 COMPANY OVERVIEW
13.3.2 FINANCIAL OVERVIEW
13.3.3 PRODUCTS OFFERED
13.3.4 KEY DEVELOPMENTS
13.3.5 SWOT ANALYSIS
13.3.6 KEY STRATEGIES
13.4 TAJIMA MOTOR CORPORATION
13.4.1 COMPANY OVERVIEW
13.4.2 FINANCIAL OVERVIEW
13.4.3 PRODUCTS OFFERED
13.4.4 KEY DEVELOPMENTS
13.5 YASA LIMITED
13.5.1 COMPANY OVERVIEW
13.5.2 FINANCIAL OVERVIEW
13.5.3 PRODUCTS OFFERED
13.5.4 KEY DEVELOPMENTS
13.6 ECOMOVE
13.6.1 COMPANY OVERVIEW
13.6.2 FINANCIAL OVERVIEW
13.6.3 PRODUCTS OFFERED
13.6.4 KEY DEVELOPMENTS
13.7 ELAPHE LTD.
13.7.1 COMPANY OVERVIEW
13.7.2 FINANCIAL OVERVIEW
13.7.3 PRODUCTS OFFERED
13.7.4 KEY DEVELOPMENTS
13.8 SCHAEFFLER AG
13.8.1 COMPANY OVERVIEW
13.8.2 FINANCIAL OVERVIEW
13.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.8.4 KEY DEVELOPMENTS
13.9 ZIEHL-ABEGG SE
13.9.1 COMPANY OVERVIEW
13.9.2 FINANCIAL OVERVIEW
13.9.3 PRODUCTS OFFERED
13.9.4 KEY DEVELOPMENTS
13.10 PRINTED MOTOR WORKS
13.10.1 COMPANY OVERVIEW
13.10.2 FINANCIAL OVERVIEW
13.10.3 PRODUCTS OFFERED
13.10.4 KEY DEVELOPMENTS
13.11 E-TRACTION B.V.
13.11.1 COMPANY OVERVIEW
13.11.2 FINANCIAL OVERVIEW
13.11.3 PRODUCTS OFFERED
13.11.4 KEY DEVELOPMENTS
13.12 DANA TM4 INC.
13.12.1 COMPANY OVERVIEW
13.12.2 FINANCIAL OVERVIEW
13.12.3 PRODUCTS OFFERED
13.12.4 KEY DEVELOPMENTS
14 APPENDIX
14.1 DATA SOURCES
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