| Product Code: ETC5888686 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Antigua and Barbuda saw a significant rise in in-wheel motor import shipments in 2024, with the top exporting countries being the USA, China, Germany, Saint Lucia, and the UK. The market displayed a high level of concentration, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 27.67%, showcasing a rapidly expanding market. Although the growth rate slightly slowed from 2023 to 2024 at 1.88%, the overall upward trend indicates a promising outlook for the in-wheel motor industry in Antigua and Barbuda.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Antigua and Barbuda In-Wheel Motor Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda In-Wheel Motor Market - Industry Life Cycle |
3.4 Antigua and Barbuda In-Wheel Motor Market - Porter's Five Forces |
3.5 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.6 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.9 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Power Output Type, 2021 & 2031F |
3.10 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
3.11 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume Share, By Motor Weight, 2021 & 2031F |
4 Antigua and Barbuda In-Wheel Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Antigua and Barbuda |
4.2.2 Government incentives and subsidies for electric vehicle adoption |
4.2.3 Growing awareness about environmental sustainability and clean energy solutions |
4.3 Market Restraints |
4.3.1 High initial cost of in-wheel motor technology |
4.3.2 Limited infrastructure for electric vehicles in Antigua and Barbuda |
4.3.3 Concerns about the reliability and durability of in-wheel motors in harsh driving conditions |
5 Antigua and Barbuda In-Wheel Motor Market Trends |
6 Antigua and Barbuda In-Wheel Motor Market Segmentations |
6.1 Antigua and Barbuda In-Wheel Motor Market, By Propulsion |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By BEV, 2021-2031F |
6.1.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By FCEV, 2021-2031F |
6.1.4 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By HEV, 2021-2031F |
6.1.5 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By PHEV, 2021-2031F |
6.2 Antigua and Barbuda In-Wheel Motor Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.3 Antigua and Barbuda In-Wheel Motor Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Axial Flux Motor, 2021-2031F |
6.3.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Radial Flux Motor, 2021-2031F |
6.4 Antigua and Barbuda In-Wheel Motor Market, By Cooling Type |
6.4.1 Overview and Analysis |
6.4.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Air-cooled, 2021-2031F |
6.4.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Liquid-cooled, 2021-2031F |
6.5 Antigua and Barbuda In-Wheel Motor Market, By Power Output Type |
6.5.1 Overview and Analysis |
6.5.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Up to 60 KW, 2021-2031F |
6.5.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By 60? ??90 KW, 2021-2031F |
6.5.4 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Above 90 KW, 2021-2031F |
6.6 Antigua and Barbuda In-Wheel Motor Market, By Vehicle Class |
6.6.1 Overview and Analysis |
6.6.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Mid-priced, 2021-2031F |
6.6.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Luxury, 2021-2031F |
6.7 Antigua and Barbuda In-Wheel Motor Market, By Motor Weight |
6.7.1 Overview and Analysis |
6.7.2 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By Less than 20 Kg, 2021-2031F |
6.7.3 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By 20-30 Kg, 2021-2031F |
6.7.4 Antigua and Barbuda In-Wheel Motor Market Revenues & Volume, By , 2021-2031F |
7 Antigua and Barbuda In-Wheel Motor Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda In-Wheel Motor Market Export to Major Countries |
7.2 Antigua and Barbuda In-Wheel Motor Market Imports from Major Countries |
8 Antigua and Barbuda In-Wheel Motor Market Key Performance Indicators |
8.1 Average charging time for electric vehicles in Antigua and Barbuda |
8.2 Number of public charging stations available in the country |
8.3 Adoption rate of electric vehicles in the transportation sector |
9 Antigua and Barbuda In-Wheel Motor Market - Opportunity Assessment |
9.1 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.2 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
9.5 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Power Output Type, 2021 & 2031F |
9.6 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
9.7 Antigua and Barbuda In-Wheel Motor Market Opportunity Assessment, By Motor Weight, 2021 & 2031F |
10 Antigua and Barbuda In-Wheel Motor Market - Competitive Landscape |
10.1 Antigua and Barbuda In-Wheel Motor Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda In-Wheel Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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