Automotive
In-wheel Motor Market will register a CAGR of % during 2020-2024. The
market’s growth momentum will Accelerate.
increased need for
safety and handling efficiency in vehicles will be one of the major factors
driving the growth of this market. Additionally, key Automotive In-wheel Motor
Market trends such as the Modular design of automotive in-wheel motor to allow
easier fitment on vehicles will also influence market growth during the
forecast period.
Automotive In-wheel Motor Market Size
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growth and the market share of various regions
During the forecast
period, the Automotive In-wheel Motor Market size will grow by 400.99 th units.
Automotive In-wheel Motor Market : Vendors
The market is
fragmented and owing to the growth opportunities, the level of competition
among the companies in this market space will intensify further. are some of
the major companies in the Automotive In-wheel Motor Market. Though the
forecast period offers opportunities for vendors to increase their market
share, factors such as the high cost of production associated with
automotive in-wheel motors will also challenge the growth of the
companies.
ECOmove GmbH |
Elaphe Propulsion Technologies Ltd. | Hyundai Mobis Co. Ltd. | Michelin Group |
Nidec Corp. | NSK Ltd. | NTN Corp. | Protean Electric Ltd. | Schaeffler AG |
Dana Inc..list
are some of the companies
covered in Technavio’s Automotive In-wheel Motor Market report for 2020-2024.
Automotive In-wheel Motor Market : Region-level
Analysis
The report
identifies region-level market dynamics, developments, and key markets. The
regional level analysis also identifies the market share, growth momentum, and
key leading countries in the Automotive In-wheel Motor Market.
The APAC will
account for the largest Automotive In-wheel Motor Market share and during
2020-2024, the region will contribute to 90% of the market’s growth.
In addition to
regions and the key companies involved, Technavio’s Automotive In-wheel Motor
Market report also analyzes the market by Direct drive | Gear reduction |
Rear-wheel drive | Front-wheel drive | All-wheel drive | APAC | Americas |
EMEA.comma
Our Custom Research Solutionsv can provide
tailored Automotive In-wheel Motor Market information to meet your specific
requirements.
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