In-wheel Motors Market projected to touch US$ 1780 Mn in 2022 | Worldwide leading Key Player’s -Protean ele., Elaphe, E-Traction, ZIEHL-ABEGG

Businessindustryreports have new report on “Global In-wheel Motors Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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With the slowdown in world economic growth, the In-wheel Motors industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, In-wheel Motors market size to maintain the average annual growth rate of 8.08% from 990 million $ in 2014 to 1250 million $ in 2017, market analysts believe that in the next few years, In-wheel Motors market size will be further expanded, we expect that by 2022, The market size of the In-wheel Motors will reach 1780 million $. 

In the in-wheel motor market the electric passenger car segment is the largest of all segments and is expected to witness significant growth during the forecast period. The market growth of in-wheel motors can be attributed to factors such as improved fuel efficiency, high torque, increased power, and better vehicle handling to both new and existing vehicles. This vehicle segment is the most promising market for in-wheel motors as it is the largest in the automotive industry.

By Geography Asia Pacific region is estimated to be the largest in-wheel motor market in 2018 because of government promotions and schemes that have led to the increase in the electric vehicle sales over the years, catering to the demand for in-wheel motors.

Key Players:

1 Protean Electric

2 Elaphe

3 E-Traction

4 ZIEHL-ABEGG

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Furthermore, increase in R&D expenses can provide lucrative opportunities for in-wheel motor manufacturers to develop technologies to increase the efficiency of a vehicle. In In-wheel Motors market various component manufacturers are focusing on developing an efficient system for future transport. The growing interest in self-driving cars is expected to boost the development of advanced technologies such as in-wheel motor to provide the best-in-class driving experience.

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Outer Rotor Type

2 Inner Rotor Type

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Table of Content:

1 In-wheel Motors Product Definition

2 Global In-wheel Motors Manufacturer Share and Market Overview

3 Manufacturer In-wheel Motors Business Introduction

4 Global In-wheel Motors  Market  Segmentation (Region Level)

5 Global In-wheel Motors Market Segmentation (Product Type Level)

6 Global In-wheel Motors Market Segmentation (Industry Level)

7 Global In-wheel Motors Market Segmentation (Channel Level)

8 In-wheel Motors Market Forecast 2018-2022

9 In-wheel Motors Segmentation Product Type

10 In-wheel Motors Segmentation Industry

11 In-wheel Motors Cost of Production Analysis

12 Conclusion

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