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In-wheel motor market listed at 35.02% CAGR detailed in new research report

Automotive and Transportation

Report provides a picture of in-wheel motor market, along with market details with respect to different regions and countries. It aims at estimating market size & future growth potential of market across different segments like by propulsion type, vehicle type, motor type, cooling type, power output type, & region.

Global in-wheel motor market estimated to grow from USD 322.8 million in 2018 at a CAGR of 35.02% to reach USD 2,641.1 by 2025. Government subsidies & tax rebates for electric vehicles, increased driving range, reliability, & improved vehicle performance are factors responsible for growth of in-wheel motor market.

Report at www.rnrmarketresearch.com/contact…me=1641120 .

North America is fastest growing in-wheel motor market for EVs, followed by Asia Pacific.

North America is a regional hub for many renowned EV manufacturers, which are known for delivering quality and high-performance vehicles. OEMs in North America like Tesla and GM are focused on development of faster, cleaner, & high-performance electric vehicles.

BMW, Nissan, Volkswagen, & Daimler are leading OEMs in US that have launched electric vehicles nationwide, resulting in large demand for in-wheel motors.

In-Wheel Motor Market, By Components

1 Introduction

2 Suspension

3 Rotor and Stator

4 Wheel Bearings

5 Regenerative Braking System

In-Wheel Motor Market, By Cooling Type

1 Introduction

2 Air Cooling

3 Liquid Cooling

More Information on In-Wheel Motor Market at with Top Trends and Company Profiles at www.rnrmarketresearch.com/contacts/1641120 .

The report will help In-wheel motor market leaders/new entrants provide the closest approximations of the revenue numbers of overall in-wheel motor market & its sub segments. This report will help stakeholders understand competitor landscape better & gain more insights to position their businesses and make suitable go-to-market strategies.

The key market players profiled in the report are:

1 Protean Electric (US)

2Elaphe (Slovenia)

3 ZIEHL-ABEGG (Germany)

4 Printed Motor Works (UK)

5 NTN (Japan)

6 E-TRACTION (The Netherlands)

7 TM4 (Canada)

8 ECOmove (Germany)

9 NSK (Japan)

10 TAJIMA EV (Japan)

11 Schaeffler(Germany)

Report at www.rnrmarketresearch.com/contact…me=1641120 .

“Availability of government support such as subsidies and tax rebates for electric vehicles, eliminating the need for the driveshaft and better torque control has driven the demand for in-wheel motor globally.”

Target Audience

1 EV components manufacturers

2 In-wheel motor manufacturers

3 EV distributors and retailers

4 EV manufacturers

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