In-wheel Motor Market Analysis

Fact.MR delivers vital insights into the In-wheel motors market in its published report, titled “In-wheel motors: Industry Analysis and Opportunity Assessment, 2018–2027”. In terms of revenue, the In-wheel motors market is estimated to expand at a CAGR of 30.04% over the forecast period, owing to the numerous factors, about which FACT.MR offers thorough insights and forecasts in this report.

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With increasing global penetration of electric vehicles across the world has led the rising demand for electric mobility. The in-wheel motor market is directly proportional to the sales of electric vehicles across the world. Also, rising demand for simplicity and efficiency of electric vehicles has led adoption of autonomous technologies to the electric mobility. Provisions for more spacious vehicles and reduced weight of vehicle coupled with rising awareness for emission control has also influenced in-wheel motor market towards considerable growth in the forecast period.

The global market for In-wheel motors is segmented as per different propulsion type, motor type, by cooling, by power output, and by region.