Tag Archives: In-Wheel Motor Market

In-Wheel Motor Market Analysis: Key Trends and Forecast to 2029 (Valuation: $4.60 Billion)

Global In-Wheel Motor Market stood at USD 3.11 Billion in 2023 and may reach USD 4.60 Billion by 2029 with a CAGR of 6.80%.

The automotive industry is undergoing a transformative phase characterized by electrification and the shift towards sustainable mobility. One of the groundbreaking technologies driving this change is the in-wheel motor, a type of electric motor integrated directly into a vehicle’s wheel hub. According to TechSci Research, the Global In-Wheel Motor Market was valued at USD 3.11 Billion in 2023 and is… Read More »

In-Wheel Motor Market [2028] Key Trends and Strategies for Expansion

Global In-Wheel Motor Market stood at USD 2.93 billion in 2022 & will grow with a CAGR of 6.67% in the forecast 2024-2028.

Global In-Wheel Motor Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global In-Wheel Motor Market stood at USD 2.93 billion in 2022 and is anticipated to grow with a CAGR of 6.67% in the forecast period, 2024-2028. Electric motors known as “in-wheel motors” are mounted within the wheels of electric cars and are designed to provide… Read More »