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In-Wheel Motor Market Segmentation By Propulsion (BEV, HEV, PHEV, FCEV), By Electric Vehicle (PV, CV), By Motor (Axial Flux, Radial Flux), By Cooling (Air, Liquid) - Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 to 2027.

Published: January, 2022
ID: 8685
Pages: 175

Market Overview:

The In-wheel motor for battery electric vehicles is expected to be the foremost prominent propulsion segment within the global In-wheel motor market, increasing at a big CAGR of about 30% over the envisioned period. The increasing interest for electric mobility among consumers including growing awareness for gasoline and diesel emissions has led in-wheel motor market towards significant growth.

In this market, the motor systems are employed to enhance the performance of varied electric vehicles. These systems replace driveshaft, transmission, differentials, and axles. The in-wheel motors also assist in supplying torque to their associated tires alongside generating more power for enhancing a vehicle’s efficiency.

The major aspect that's driving the interest for In-wheel motor market is reducing motor weight which controls four wheels centrally and increasing provisions for spaces within the electric vehicles. The utilization of in wheel motor application is growing at a comparatively high pace as compared with other motors within the electric mobility industry. It's projected that the market size for BEV (Battery Electric vehicle) propulsion segment of In-wheel motor will create incremental opportunity of 2477.5 M by 2027 in the global In-wheel motor business. 

Recent Developments:

  •  NTN (Hereafter, NTN) Corporation has generated both Mie Prefecture and Kuwana City with a changed electric vehicle (converted EV) grabbed with the newly build “In-wheel Motor Sysem” as a component of assitance for the “Ise-Shima Summit.”
  •  A subsidiary of National Electric Vehicle Sweden (NEVS), where the China group Ever Grande Health, has provided British pioneer of in-wheel motors (IWMs) for electric vehicles, Protean Electric.
  •  BMW X6 one of the special automobiles that is purely electric. This hugely impressive tank turn is accomplished by an electrical car on ice in Sweden. The term 'turns on a dime' takes on an entire new meaning with tank turns.

Drivers and Restraints of In-Wheel Motor Market:


An automotive In-Wheel motor is an important a part of the transmission assembly and is employed to drive the wheel of an electrical vehicle, thereby facilitating better control. In-Wheel motors are utilized in all electric vehicles, incorporating passenger cars, light commercial vehicles (LCVs) and heavy commercial vehicles (HCVs). Hence, increasing production of electrical vehicles is the key factor expected to drive the global automotive In-Wheel motors market during the evaluated period. Moreover, after 10 to 15 years, the electric vehicles will dominate the worldwide automotive sector, thereby creating lucrative opportunities for the automotive In-Wheel motors market.


However, the higher cost of the trigger product also as electric vehicles is expected to be major hindrances for the expansion of the worldwide In-Wheel motors market within the coming years. However, electric vehicles are still in the introductory phase.

Market Segmentation:

By Propulsion:

• BEV (battery electric vehicle)




By technology, the BEV segment is projected to be an important part and can grow at 39.3% CAGR. This segment is expected to make increasing opportunity worth US$ 8,012.0 M between 2019 and 2027. Rising electric vehicle charging infrastructure in key countries, like the U.S., the U.K., China and Japan, is additionally estimated to spice up the sales of automotive In-Wheel motors for plug-in hybrid electric vehicles (PHEVs). This segment was estimated to be t US 38.1$ M in 2019 and reach US$ 558.6 M by the end of the forecast period.

By Electric Vehicle:

• PV

• CV

By this segment, the passenger vehicles (PV) are predicted to account for 90% value share within the global automotive In-Wheel motors market. The expansion of the automotive In-Wheel motors marketplace for first fit vehicles is directly hooked to motor vehicle production. In terms of growths, the passenger car electric vehicles segment is foreseen to register remarkable rate of growth during the latter half of the forecast period. The commercial vehicle segment is predicted to grow at a moderate rate within the global automotive In-Wheel motors market. The worth of this segment is projected to grow and become 14.4x by the end of 2027 and therefore the segment is estimated to make an opportunity worth US$ 1,197.2 Mn between 2019 and 2027. 

By Motor:

• Axial Flux

• Radial Flux

By motor segment, with growing penetration of electrical vehicles across the planet, demand for rising autonomous technology is increasing. The radial in-wheel motors are expected to rise at a big CAGR of 31.1% over the forecast period. The axial in-wheel motor is growing at a comparatively slower pace as compared to radial motors. The axial motor has huge market share within the global market creating an incremental opportunity of US$ 2245.8 M by 2027 end.  

By Cooling:

• Air

• Liquid

By cooling, the liquid automotive In-Wheel motors segment is predicted to dominate the worldwide and the regional markets. This is often primarily due to their exceptional ability to chill motors at high temperatures and high loads. The liquid cooled segment is projected to realize 1586 BPS points between 2019 and 2029 while expanding at a healthy CAGR of 41.2% over the calculated period.

In-Wheel Motor Market Region wise analysis:

Marked Segmentation based on the area:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

North American marketplace for in-wheel motor is likely to carry major shares in this market over the estimated period. This will be attributed to the growing trend of autonomous vehicles and the rising penetration of electrical automobiles in these regions. Asia Pacific is predicted to grow at the very best CAGR during the forecast period. Rising economics and geographic position also influence favoring of aluminum. The surge in disposal income, rapid modifications in regulations to introduce more advancement in the transportation sector and expanding population of this area will create tremendous opportunities in the APAC In-Wheel Motor business. China topped the list in the APAC and world in terms of automobile production.

Key Players of Market:

Some most important players of the global in-wheel motor market include NTN, Printed Motor Works, ZIEHL-ABEGG, BMW, BYD, Tesla, Volkswagen, Nissan Motor Corporation, Elaphe, and Protean Electric, among others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 In-Wheel Motor Market, By Propulsion                         

                                6.1.1 BEV            

                                6.1.2 FCEV          

                                6.1.3 HEV            

                                6.1.4 PHEV         

                                6.1.5 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.6 Y-o-Y Growth Rate Analysis             

                                6.1.7 Market Attractiveness Index          

                6.2 In-Wheel Motor Market, By Vehicle Type                     

                                6.2.1 Passenger Cars      

                                6.2.2 Commercial Vehicle            

                                6.2.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

                6.3 In-Wheel Motor Market, By motor Type                       

                                6.3.1 Axial Flux Motor   

                                6.3.2 Radial Flux Motor 

                                6.3.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

                6.4 In-Wheel Motor Market, By Cooling Type                     

                                6.4.1 Air Cooling               

                                6.4.2 Liquid Cooling        

                                6.4.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.4 Y-o-Y Growth Rate Analysis             

                                6.4.5 Market Attractiveness Index          

                6.5 In-Wheel Motor Market, By Power Output                  

                                6.5.1 Up to 60 KW           

                                6.5.2 60-90 KW 

                                6.5.3 Above 90 KW         

                                6.5.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.5.5 Y-o-Y Growth Rate Analysis             

                                6.5.6 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              



                                7.2.2 By Propulsion         

                                7.2.3 By Vehicle Type    

                                7.2.4 By motor Type       

                                7.2.5 By Cooling Type    

                                7.2.6 By Power Output 

                7.3 Europe                         

                                7.3.1 By Country              






                                       Rest of Europe

                                7.3.2 By Propulsion         

                                7.3.3 By Vehicle Type    

                                7.3.4 By motor Type       

                                7.3.5 By Cooling Type    

                                7.3.6 By Power Output 

                7.4 Asia Pacific                  

                                7.4.1 By Country              




                                       South Korea

                                       South East Asia

                                       Australia & NZ

                                       Rest of Asia-Pacific

                                7.4.2 By Propulsion         

                                7.4.3 By Vehicle Type    

                                7.4.4 By motor Type       

                                7.4.5 By Cooling Type    

                                7.4.6 By Power Output 

                7.5 Latin America                             

                                7.5.1 By Country              




                                       Rest of Latin America

                                7.5.2 By Propulsion         

                                7.5.3 By Vehicle Type    

                                7.5.4 By motor Type       

                                7.5.5 By Cooling Type    

                                7.5.6 By Power Output 

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                       Middle East


                                7.6.2 By Propulsion         

                                7.6.3 By Vehicle Type    

                                7.6.4 By motor Type       

                                7.6.5 By Cooling Type    

                                7.6.6 By Power Output 

8. Key Player Analysis                                    

                8.1 Protean Electric                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Elaphe                          

                8.3 ZIEHL-ABEGG                             

                8.4 Printed Motor Works                             

                8.5 NTN                               

                8.6 SIM-Drive corporation                           

                8.7 TM 4 Inc.                      

9. Market Outlook & Investment Opportunities                                


                List of Tables                     

                List of Figures                   

  1. Global In-Wheel Motor Market By Region, From 2022 - 2027 ( USD Million )
  2. Global In-Wheel motor Market By Propulsion, From 2022 - 2027 ( USD Million )
  3. Global BEV Market By Region, From 2022 - 2027 ( USD Million )
  4. Global FCEV Market By Region, From 2022 - 2027 ( USD Million )
  5. Global HEV Market By Region, From 2022 - 2027 ( USD Million )
  6. Global PHEV Market By Region, From 2022 - 2027 ( USD Million )
  7. Global In-Wheel motor Market By Vehicle Type, From 2022 - 2027 ( USD Million )
  8. Global Passenger Cars Market By Region, From 2022 - 2027 ( USD Million )
  9. Global Commercial Vehicle Market By Region, From 2022 - 2027 ( USD Million )
  10. Global In-Wheel motor Market By Motor Type, From 2022 - 2027 ( USD Million )
  11. Global Axial Flux Motor Market By Region, From 2022 - 2027 ( USD Million )
  12. Global Radial Flux Motor Market By Region, From 2022 - 2027 ( USD Million )
  13. Global In-Wheel motor Market By Cooling Type, From 2022 - 2027 ( USD Million )
  14. Global Air Cooling Market By Region, From 2022 - 2027 ( USD Million )
  15. Global Liquid Cooling Market By Region, From 2022 - 2027 ( USD Million )
  16. Global In-Wheel motor Market By Power Output Type, From 2022 - 2027 ( USD Million )
  17. Global Up to 60 KW Market By Region, From 2022 - 2027 ( USD Million )
  18. Global 60-90 KW Market By Region, From 2022 - 2027 ( USD Million )
  19. Global Above 90 KW Market By Region, From 2022 - 2027 ( USD Million )

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