In-Wheel Motor (BEV, HEV, PHEV, and FCEV) Markets, 2025 by Vehicle (PC and CV), Motor (Axial Flux and Radial Flux), Cooling (Air and Liquid), Power Output (Up to 60 KW, 60-90 KW, and Above 90 Kw)

Key Facts

Government subsidies and tax rebates for electric vehicles, increased driving range, reliability, and improved vehicle performance are the factors responsible for the growth of the in-wheel motor market.
However, challenges such as high price and increase in unsprung weight in wheels are the major restraints for the growth of the in-wheel motor market.
BMW, Nissan, Volkswagen, and Daimler are the leading OEMs in the US that have launched electric vehicles nationwide, resulting in the large demand for in-wheel motors.
Protean Electric (UK), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan) are some of the leading players in the in-wheel motor market.