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Automotive In-Wheel Motors Market is Estimated to be
Registering a CAGR of 37.7% Between 2019 - 2027
February 2019
Report Id : REP-GB-7677
Status : Publish
Category : Automotive & Transportation
©2015 Future Market Insights, All Rights Reserved
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Research Methodology (1/2)
Systematic Research Approach
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Automotive In-Wheel Motors Market Analysis
Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced
by multiple factors ranging from greater driving range per charge to elimination of components
such as driving and differential shafts. According to a study of Future Market Insights (FMI), the
automotive in-wheel motors sales will exceed 720 thousand units in 2019. Affordability of inwheel motor in terms of power consumption relative to the traditionally employed central drive
unit system will continue to uphold its preference by automakers in the near future.
Elimination of unnecessary components is one of the primary adoption determinants of
automotive in-wheel motors, as they significantly reduce the weight of battery-electric vehicles
(BEVs), while crawling up on vehicle electrification and light weighting trends. BEV accounted for
over 7 in 10 automotive in-wheel motors sold worldwide in 2017, according to the study.
A key trend influencing BEV-specific in-wheel motor sales is miniaturization and integration of
inverter, which features a compact design.
Automotive in-wheel motors are likely to remain touted as a sustainable future alternative to
propulsion systems used in powertrains. With promising future prospects of BEVs, and palpability
of optimized hydrogen fuel cell technologies, certainty spotlights automotive in-wheel motors’
promising prospects in the upcoming years.
©2015 Future Market Insights, All Rights Reserved
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Automotive In-Wheel Motors Market Analysis
Passenger Cars Hold Supremacy in Adoption of Automotive In-Wheel Motors
The study opines that passenger cars will continue to retain their reign in the automotive in-wheel motors
market, with approximately 637 thousand units expected to be sold in 2019. Key offerings with affordability,
such as improved vehicle dynamics and lower design complexity in power transmission to wheel, continue to
drive adoption of automotive in-wheel motors in passenger cars. Passenger cars integrated with in-wheel
motors enable enhanced traction control, along with torque vectoring functions devoid of added bill-ofmaterials.
The automotive in-wheel motors market grows in tandem with penetration of electric vehicles is significantly
backed by the regulations on vehicle emission, as nearly 20% of these emissions result directly from fuel
evaporation. Contribution of these zero emission vehicles to environment pollution is insignificant, despite
their indirect impacts during electricity generation and storage.
Automotive In-Wheel Motors Market: Key Players Introducing Novel Solutions to Clasp Greater Share
Key players in the automotive in-wheel motors market have come up with novel solutions to offset latent
challenges faced in terms of deployment, operation, and functionality.
©2015 Future Market Insights, All Rights Reserved
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Automotive In-Wheel Motors Market Analysis
Protean’s new automotive in-wheel motors make drivetrains highly energy-efficient, while increasing the
fuel economy over 30%. On the other hand Nissan has developed automotive in-wheel motors for the
working prototype of the company’s futuristic concept car. Companies such as Ziehl-Abegg have
introduced automotive in-wheel motors that enable application in fuel-cell, battery-operated, and hybrid
commercial electric vehicles.
Permeation of electrification trend in the automotive space shows no signs of abating, with prospects
revolving around motor and charging technologies that are becoming more multipurpose and
sophisticated. Robust uptake in electric vehicles worldwide has led automotive OEMs to catch up with
efforts on the development of second-generation motors, wherein performance, noise, and efficiency are
deemed key imperatives.
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As benefits of automotive in-wheel motors continue to outweigh challenges faced in their deployment
and functionalities, along with efforts toward offsetting the latter, industry leaders have directed their
focus on R&D activities. These researches are primary aimed at design developments to impart
mechanical, electrical, and thermal stress resistance to the automotive in-wheel motors during their
operation.
©2015 Future Market Insights, All Rights Reserved
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