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DATE
APR 2021
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HIGHLIGHTS & REPORT INDEX
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 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.
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$430.2 Million by the year 2027, while Latin America will expand at a 32.8% CAGR through the analysis period.
SELECT PLAYERS
AB Volvo; BMW AG; Daimler AG; ECOmove GmbH; Elaphe Ltd. ; e-Traction B.V.; Ford Motor Company; General Motors Company; Honda Motor Co., Ltd.; Hyundai Motor Company; Mitsubishi Motors Corporation; Nissan Motor Co. Ltd.; NSK Ltd.; NTN Corporation; Printed Motor Works Ltd.; Protean Electric Ltd.; Schaeffler AG; Tajima EV Corporation; Tesla, Inc.; Toyota Motor Corporation; Volkswagen AG; Yasa Limited; Ziehl-Abegg SE
SEGMENTS
» Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for In-Wheel Motor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| UNITED STATES |
| 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 |
| 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 |
| CANADA |
| 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 |
| 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 |
| JAPAN |
| 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 |
| 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 |
| CHINA |
| 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 |
| 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 |
| EUROPE |
| 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 |
| 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 |
| 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 |
| 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 |
| FRANCE |
| 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 |
| 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 |
| GERMANY |
| 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 |
| 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 |
| ITALY |
| 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 |
| 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 |
| UNITED KINGDOM |
| 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 |
| 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 |
| SPAIN |
| 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 |
| 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 |
| RUSSIA |
| 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 |
| 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 |
| REST OF EUROPE |
| 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 |
| 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 |
| ASIA-PACIFIC |
| 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 |
| 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 |
| 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 |
| 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 |
| AUSTRALIA |
| 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 |
| 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 |
| INDIA |
| 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 |
| 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 |
| SOUTH KOREA |
| 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 |
| 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 |
| REST OF ASIA-PACIFIC |
| 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 |
| 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 |
| LATIN AMERICA |
| 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 |
| 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 |
| 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 |
| 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 |
| ARGENTINA |
| 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 |
| 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 |
| BRAZIL |
| 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 |
| 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 |
| MEXICO |
| 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 |
| 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 |
| REST OF LATIN AMERICA |
| 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 |
| 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 |
| MIDDLE EAST |
| 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 |
| 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 |
| 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 |
| 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 |
| IRAN |
| 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 |
| 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 |
| ISRAEL |
| 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 |
| 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 |
| SAUDI ARABIA |
| 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 |
| 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 |
| UNITED ARAB EMIRATES |
| 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 |
| 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 |
| REST OF MIDDLE EAST |
| 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 |
| 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 |
| AFRICA |
| 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 |
| 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 |
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