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In-Wheel Motor - Global Market Trajectory & Analytics

  • ID: 4805662
  • Report
  • April 2021
  • Region: Global
  • 145 pages
  • Global Industry Analysts, Inc
Global In-Wheel Motor Market to Reach $2.7 Billion by 2027

Amid the COVID-19 crisis, the global market for In-Wheel Motor estimated at US$426.1 Million in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 30.3% over the analysis period 2020-2027. Passenger Cars, one of the segments analyzed in the report, is projected to record a 28.6% CAGR and reach US$817.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Vehicles segment is readjusted to a revised 29.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $114.4 Million, While China is Forecast to Grow at 37.3% CAGR

The In-Wheel Motor market in the U.S. is estimated at US$114.4 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$694.1 Million by the year 2027 trailing a CAGR of 37.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.3% and 27.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.9% CAGR.

Electric Vehicles Segment to Record 31.4% CAGR

In the global Electric Vehicles segment, USA, Canada, Japan, China and Europe will drive the 30.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$176.5 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$430.2 Million by the year 2027, while Latin America will expand at a 32.8% CAGR through the analysis period.

Select Competitors (Total 41 Featured):
  • AB Volvo
  • BMW AG
  • Daimler AG
  • ECOmove GmbH
  • Elaphe Ltd.
  • e-Traction B.V.
  • Ford Motor Company
  • General Motors Company
  • Honda Motor Co., Ltd.
  • Hyundai Motor Company
  • Mitsubishi Motors Corporation
  • Nissan Motor Co. Ltd.
  • NSK Ltd.
  • NTN Corporation
  • Printed Motor Works Ltd.
  • Protean Electric Ltd.
  • Schaeffler AG
  • Tajima EV Corporation
  • Tesla, Inc.
  • Toyota Motor Corporation
  • Volkswagen AG
  • Yasa Limited
  • Ziehl-Abegg SE
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Table 1: World Current & Future Analysis for In-Wheel Motor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for In-Wheel Motor by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Passenger Cars by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Passenger Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Commercial Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Commercial Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2020 & 2027
III. MARKET ANALYSIS
  • Table 9: USA Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 10: USA 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 11: Canada Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 12: Canada 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 13: Japan Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 14: Japan 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 15: China Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 16: China 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 17: Europe Current & Future Analysis for In-Wheel Motor by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 18: Europe 7-Year Perspective for In-Wheel Motor by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2020 & 2027
  • Table 19: Europe Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 20: Europe 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 21: France Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 22: France 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 23: Germany Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 24: Germany 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 25: Italy Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 26: Italy 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 27: UK Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 28: UK 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 29: Spain Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 30: Spain 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 31: Russia Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 32: Russia 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 33: Rest of Europe Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 34: Rest of Europe 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 35: Asia-Pacific Current & Future Analysis for In-Wheel Motor by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 36: Asia-Pacific 7-Year Perspective for In-Wheel Motor by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2020 & 2027
  • Table 37: Asia-Pacific Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 38: Asia-Pacific 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 39: Australia Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 40: Australia 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 41: India Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 42: India 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 43: South Korea Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 44: South Korea 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 45: Rest of Asia-Pacific Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 46: Rest of Asia-Pacific 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 47: Latin America Current & Future Analysis for In-Wheel Motor by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 48: Latin America 7-Year Perspective for In-Wheel Motor by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2020 & 2027
  • Table 49: Latin America Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 50: Latin America 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 51: Argentina Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 52: Argentina 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 53: Brazil Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 54: Brazil 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 55: Mexico Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 56: Mexico 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 57: Rest of Latin America Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 58: Rest of Latin America 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 59: Middle East Current & Future Analysis for In-Wheel Motor by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 60: Middle East 7-Year Perspective for In-Wheel Motor by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2020 & 2027
  • Table 61: Middle East Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 62: Middle East 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 63: Iran Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 64: Iran 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 65: Israel Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 66: Israel 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 67: Saudi Arabia Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 68: Saudi Arabia 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 69: UAE Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 70: UAE 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 71: Rest of Middle East Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 72: Rest of Middle East 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
  • Table 73: Africa Current & Future Analysis for In-Wheel Motor by Vehicle Type - Passenger Cars, Commercial Vehicles and Electric Vehicles - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 74: Africa 7-Year Perspective for In-Wheel Motor by Vehicle Type - Percentage Breakdown of Value Sales for Passenger Cars, Commercial Vehicles and Electric Vehicles for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown
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