Global Automotive In-wheel Motor Market 2019-2023 - Product Image

Global Automotive In-wheel Motor Market 2019-2023

  • ID: 4722114
  • Report
  • Region: Global
  • 120 pages
  • TechNavio
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FEATURED COMPANIES

  • ECOmove
  • Elaphe
  • NTN
  • Protean
  • TM4 (Dana Limited)
  • MORE
Automotive technologies are increasingly inclining toward driver comfort, safety, and emissions control. These technological advancements will lead to the development of autonomous driving systems in the future. The development of autonomous technologies is viewed as an important milestone for every automaker. Hence, manufacturers of automotive components are striving to develop electric systems that are compatible with the technologies used on autonomous vehicles. This is encouraging automotive component vendors to develop and offer a customized product portfolio to accommodate the changes in driving technology ushered in by the development of autonomous vehicles. The market research analysts have predicted that the automotive in-wheel motor market will register a CAGR of close to 111% by 2023.

Market Overview

Integration of compact inverters in automotive in-wheel motors

Automotive in-wheel motor makers are developing various designs that incorporate multiple systems like inverters in in-wheel motors to enhance overall efficiency. The inverter is an important component that monitors the amount of electricity exchanged between the motor and the battery.

High cost of production associated with automotive in-wheel motors

The wide adoption of expensive technology such as in-wheel motors in a vehicle segment like electric vehicle that occupy a small share of global automotive industry can prove to be a high-risk venture.

For the detailed list of factors that will drive and challenge the growth of the automotive in-wheel motor market during the 2019-2023, view this report.

Competitive Landscape

The automotive in-wheel motor market is fragmented since the market has a number of companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ECOmove
  • Elaphe
  • NTN
  • Protean
  • TM4 (Dana Limited)
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY TECHNOLOGY
  • Market segmentation by technology
  • Comparison by technology
  • Direct drive - Market size and forecast 2018-2023
  • Gear reduction - Market size and forecast 2018-2023
  • Market opportunity by technology
PART 07: MARKET SEGMENTATION BY DRIVE TYPE
  • Market segmentation by drive type
  • Comparison by drive type
  • Rear-wheel drive - Market size and forecast 2018-2023
  • Front-wheel drive - Market size and forecast 2018-2023
  • All-wheel drive - Market size and forecast 2018-2023
  • Market opportunity by drive type
PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Integration of compact inverters in automotive in-wheel motors
  • Designing of in-wheel platform for autonomous vehicles
  • In-wheel motor with dual-stator design
  • Development of active wheel technology
  • Rising focus on developing technologies in automotive wheels
PART 13: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ECOmove
  • Elaphe
  • NTN
  • Protean
  • TM4 (Dana Limited)
PART 15: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global electric vehicle market
Exhibit 02: Segments of global electric vehicle market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 (thousand units)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Technology - Market share 2018-2023 (%)
Exhibit 18: Comparison by technology
Exhibit 19: Direct drive - Market size and forecast 2018-2023 (thousand units)
Exhibit 20: Direct drive - Year-over-year growth 2019-2023 (%)
Exhibit 21: Gear reduction - Market size and forecast 2018-2023 (thousand units)
Exhibit 22: Gear reduction - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by technology
Exhibit 24: Drive type - Market share 2018-2023 (%)
Exhibit 25: Comparison by drive type
Exhibit 26: Rear-wheel drive - Market size and forecast 2018-2023 (thousand units)
Exhibit 27: Rear-wheel drive - Year-over-year growth 2019-2023 (%)
Exhibit 28: Front-wheel drive - Market size and forecast 2018-2023 (thousand units)
Exhibit 29: Front-wheel drive - Year-over-year growth 2019-2023 (%)
Exhibit 30: All-wheel drive - Market size and forecast 2018-2023 (thousand units)
Exhibit 31: All-wheel drive - Year-over-year growth 2019-2023 (%)
Exhibit 32: Market opportunity by drive type
Exhibit 33: Customer landscape
Exhibit 34: Market share by geography 2018-2023 (%)
Exhibit 35: Geographic comparison
Exhibit 36: APAC - Market size and forecast 2018-2023 (thousand units)
Exhibit 37: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 38: Americas - Market size and forecast 2018-2023 (thousand units)
Exhibit 39: Americas - Year-over-year growth 2019-2023 (%)
Exhibit 40: EMEA - Market size and forecast 2018-2023 (thousand units)
Exhibit 41: EMEA - Year-over-year growth 2019-2023 (%)
Exhibit 42: Key leading countries
Exhibit 43: Market opportunity
Exhibit 44: Impact of drivers and challenges
Exhibit 45: Vendor landscape
Exhibit 46: Landscape disruption
Exhibit 47: Vendors covered
Exhibit 48: Vendor classification
Exhibit 49: Market positioning of vendors
Exhibit 50: ECOmove - Vendor overview
Exhibit 51: ECOmove - Product segments
Exhibit 52: ECOmove - Organizational developments
Exhibit 53: ECOmove - Key offerings
Exhibit 54: Elaphe - Vendor overview
Exhibit 55: Elaphe - Product segments
Exhibit 56: Elaphe - Organizational developments
Exhibit 57: Elaphe - Key offerings
Exhibit 58: NTN - Vendor overview
Exhibit 59: NTN - Business segments
Exhibit 60: NTN - Organizational developments
Exhibit 61: NTN - Geographic focus
Exhibit 62: NTN - Segment focus
Exhibit 63: NTN - Key offerings
Exhibit 64: Protean - Vendor overview
Exhibit 65: Protean - Product segments
Exhibit 66: Protean - Organizational developments
Exhibit 67: Protean - Key offerings
Exhibit 68: TM4 (Dana Limited) - Vendor overview
Exhibit 69: TM4 (Dana Limited) - Business segments
Exhibit 70: TM4 (Dana Limited) - Organizational developments
Exhibit 71: TM4 (Dana Limited) - Key offerings
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ECOmove
  • Elaphe
  • NTN
  • Protean
  • TM4 (Dana Limited)
  • MORE
Global Automotive In-wheel Motor Market 2019-2023

The analyst recognizes the following companies as the key players in the global automotive in-wheel motor market: ECOmove, Elaphe, NTN, Protean, and TM4 (Dana Limited).

Commenting on the report, an analyst from the research team said: “One trend in the market is increased need for safety and handling efficiency in vehicles. Features that aid in vehicle handling and enhance safety are always preferred by buyers. Hence, vehicle manufacturers have been updating their models within multiple driver assist features that enable the driver to with superior control of a vehicle. Further, automotive regulatory authorities such as the European Commission, the US National Highway Traffic Safety Administration.”

According to the report, one driver in the market is increased number of collaborations, projects, and activities in automotive in-wheel motors. Vehicle makers have not shown much eagerness in adopting an immature technology such as automotive in-wheel motors in their models. This has prompted automotive in-wheel suppliers to forge partnerships for developing vehicle prototypes fitted with in-wheel motors.

Further, the report states that one challenge in the market is high cost of production associated with automotive in-wheel motors. Producing an automotive in-wheel motor requires significant amounts of investments in terms of the materials used, design, and various other factors. Increased production costs associated with automotive in-wheel motors will restrict the market's growth during the forecast period. Automotive in-wheel motors are priced at between $1,300 and 1,600 per motor, which would significantly increase vehicle costs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • ECOmove
  • Elaphe
  • NTN
  • Protean
  • TM4 (Dana Limited)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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