In Wheel Motor Market

1
In Wheel Motor Market Trends, Size, Share,
Demands, Overview, Growth, Revenue and Forecast
to 2030
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Sternal Closure Systems Market Trends Forecast
Till 2030
In Wheel Motor Market, By Propulsion (BEV, HEV,
PHEV FCEV), Vehicle Type (PC CV), Motor
(Axial Radial), Cooling (Air Liquid), Power
Output (Up to 60 kW, 60-90 kW Above 90 kW),
Vehicle Class, Motor Weight, and region (North
America, Europe, Asia-Pacific, Middle East and
Africa and South America).
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3
Market Overview
The global In-Wheel Motor Market is experiencing
significant growth driven by the rising demand
for enhanced electric vehicle (EV) performance,
increased driving range, and reliability.
In-wheel motors, which are electric motors
mounted directly on the wheels, offer several
advantages that make them an attractive choice
for EV manufacturers. By directly powering the
wheels, these motors reduce the distance power
needs to travel, increasing efficiency and
improving the driving experience.  Moreover,
integrating power electronics into the system
simplifies the vehicle's design, reducing the
number of parts, complexity, and costs associated
with production. A key driver for the market is
the capability of in-wheel motors to enhance
vehicle performance to levels comparable to
traditional Internal Combustion Engine (ICE)
vehicles. This performance parity is crucial for
the broader adoption of EVs as consumers expect
similar or superior driving experiences compared
to conventional vehicles.Purchase this Report
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Key Findings
The In Wheel Motor market is segmented into
Propulsion, Vehicle Type, Motor, Cooling, Power
Output, Vehicle class, Motor weight On the
basis of Propulsion, The Global In-Wheel Motor
Market is segmented into Battery Electric
Vehicles (BEVs), Plug-in Hybrid Electric Vehicles
(PHEVs), and Fuel Cell Electric Vehicles (FCEVs)
based on application. The BEV segment is
projected to achieve the highest Compound Annual
Growth Rate (CAGR) and dominate market share
during the forecast period. On the basis of
Cooling, In the Global In-Wheel Motor Market, air
cooling and liquid cooling are key segments based
on application. The liquid cooling segment is
projected to have the highest compound annual
growth rate (CAGR) and dominate market share
during the forecast period.
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• General Motors
• Tesla
• Ford Motor Company
• Volkswagen
• Bmw
• Daimler
• Volvo
• Mitsubishi Motors
• Toyota
• Honda
• Hyundai
• Nissan

• Nevs (Protean Electric)
• Printed Motor Works
• Ziehl-Abegg
• Elaphe
• Schaeffler
• Nsk Ltd.
• Ecomove
• Tajima Ev
• Yasa
• Ntn
• E-Traction
• Tm4
• Gemmotors

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Recent Developments
In June 2021, Local Motors and Protean Electric
extended their partnership with a new three-year
agreement worth USD 7.3 million. This deal
ensures Protean Electric will supply its
ProteanDrive in-wheel motors for Local Motors'
Olli 2.0, the electric autonomous shuttles. This
collaboration aims to enhance the performance and
efficiency of these innovative autonomous
vehicles. In June 2021, e-Traction partnered
with ViriCiti to accelerate the adoption of
electric buses by leveraging the advanced Motion
2.0 drivetrain. This collaboration aims to
enhance the efficiency and performance of
electric buses, promoting sustainable
transportation solutions.
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Contact Information
About Us Delvens is a strategic advisory and
consulting company headquartered in New Delhi,
India. The company holds expertise in providing
syndicated research reports, customized research
reports and consulting services. Delvens
qualitative and quantitative data is highly
utilized by each level from niche to major
markets, serving more than 1K prominent companies
by assuring to provide the information on
country, regional and global business
environment. We have a database for more than 45
industries in more than 115 major countries
globally. Contact Us 44-20-3290-6466 1
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