| Product Code: ETC13243261 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive in Wheel Motors Market was valued at USD 3.7 Billion in 2024 and is expected to reach USD 9.6 Billion by 2031, growing at a compound annual growth rate of 17.89% during the forecast period (2025-2031).
The Global Automotive In-Wheel Motors Market is experiencing significant growth driven by the increasing demand for electric vehicles (EVs) and the rising focus on reducing carbon emissions. In-wheel motors offer several advantages such as improved vehicle dynamics, enhanced efficiency, and greater design flexibility. Factors such as government incentives for electric vehicles, advancements in battery technology, and the growing trend towards autonomous driving are also contributing to the market growth. Key players in the market are investing in research and development to enhance the performance and efficiency of in-wheel motors. Asia-Pacific region is expected to dominate the market due to the high adoption rate of EVs in countries like China and Japan. Overall, the global automotive in-wheel motors market is poised for substantial growth in the coming years.
The Global Automotive In-Wheel Motors Market is experiencing a surge in demand due to the growing focus on electric vehicles and their efficiency. In-wheel motors offer benefits such as improved vehicle dynamics, increased energy efficiency, and space savings in the vehicle design. This market is witnessing opportunities for innovation and technological advancements to enhance the performance and efficiency of in-wheel motors. The trend towards sustainable transportation solutions and the increasing adoption of electric vehicles are driving the growth of the market. Additionally, the integration of advanced features such as regenerative braking and torque vectoring systems in in-wheel motors presents further opportunities for market expansion. Overall, the Global Automotive In-Wheel Motors Market is poised for significant growth in the coming years as the automotive industry shifts towards electrification and sustainable mobility solutions.
One of the key challenges faced in the Global Automotive In-Wheel Motors Market is the high cost associated with in-wheel motor technology. The initial investment required for developing and implementing in-wheel motors in vehicles can be significant, impacting the overall cost of the vehicle. Additionally, the complexity of integrating in-wheel motors with existing vehicle systems and the need for specialized engineering expertise pose challenges for automakers. Furthermore, concerns regarding the durability and reliability of in-wheel motors under varying road and weather conditions need to be addressed to ensure widespread adoption. Overcoming these challenges will be crucial for the market to realize its full potential and drive towards a sustainable future in the automotive industry.
The Global Automotive In-Wheel Motors Market is being driven by several key factors. One of the major drivers is the increasing demand for electric vehicles (EVs) and hybrid vehicles, as in-wheel motors provide a compact and efficient solution for integrating electric propulsion systems. Additionally, stringent emission regulations imposed by governments worldwide are pushing automotive manufacturers to adopt cleaner and more sustainable technologies, further boosting the market for in-wheel motors. The inherent benefits of in-wheel motors such as improved vehicle performance, better handling, and increased energy efficiency are also driving their adoption in the automotive industry. Moreover, advancements in technology, such as the development of lightweight and high-performance in-wheel motors, are contributing to the market growth by enhancing the overall efficiency and performance of electric vehicles.
Government policies related to the Global Automotive In-Wheel Motors Market primarily focus on promoting electric mobility and reducing emissions. Many countries have implemented incentives and subsidies to encourage the adoption of electric vehicles equipped with in-wheel motors, as they are seen as a more efficient and environmentally friendly alternative to traditional internal combustion engine vehicles. Additionally, regulations such as emission standards, fuel economy targets, and tax breaks for electric vehicles play a significant role in shaping the market dynamics for in-wheel motors. Governments also emphasize the development of charging infrastructure and research in battery technologies to support the growth of electric vehicles utilizing in-wheel motors. Overall, government policies aim to drive the transition towards sustainable transportation solutions and foster innovation in the automotive industry.
The Global Automotive In-Wheel Motors Market is expected to witness significant growth in the coming years due to the increasing demand for electric vehicles and the growing emphasis on reducing emissions. In-wheel motors offer several advantages such as improved vehicle efficiency, enhanced driving experience, and better handling. The market is also driven by advancements in technology, leading to more affordable and efficient in-wheel motor systems. Additionally, government initiatives promoting electric vehicles and the development of supportive infrastructure are further boosting market growth. With key players investing in research and development to enhance product offerings and expand their market presence, the global automotive in-wheel motors market is poised for substantial growth in the foreseeable future.
In the Global Automotive In-Wheel Motors Market, Asia is expected to lead in terms of market share and growth due to the presence of major automotive manufacturers and increasing demand for electric vehicles in countries like China and Japan. North America follows closely with a strong emphasis on technological advancements and the adoption of electric vehicles in the region. Europe also holds a significant market share, driven by stringent regulations on emissions and a shift towards sustainable transportation solutions. The Middle East and Africa are witnessing a gradual uptake of in-wheel motors due to increasing investments in infrastructure and rising awareness about environmental sustainability. Latin America is projected to experience moderate growth, with countries like Brazil and Mexico showing potential for market expansion driven by government initiatives and increasing consumer interest in electric vehicles.
Global Automotive in Wheel Motors Market |
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 Global Automotive in Wheel Motors Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive in Wheel Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive in Wheel Motors Market - Industry Life Cycle |
3.4 Global Automotive in Wheel Motors Market - Porter's Five Forces |
3.5 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.8 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.9 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.10 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.11 Global Automotive in Wheel Motors Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Global Automotive in Wheel Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive in Wheel Motors Market Trends |
6 Global Automotive in Wheel Motors Market, 2021 - 2031 |
6.1 Global Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Suspension, 2021 - 2031 |
6.1.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By Rotor and Stator, 2021 - 2031 |
6.1.4 Global Automotive in Wheel Motors Market, Revenues & Volume, By Wheel Bearings, 2021 - 2031 |
6.1.5 Global Automotive in Wheel Motors Market, Revenues & Volume, By Regenerative Braking System, 2021 - 2031 |
6.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Air Cooling, 2021 - 2031 |
6.2.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By Liquid Cooling, 2021 - 2031 |
6.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Axial Flux Motor, 2021 - 2031 |
6.3.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By Radial Flux Motor, 2021 - 2031 |
6.4 Global Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Up to 60 KW, 2021 - 2031 |
6.4.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By 60-90 KW, 2021 - 2031 |
6.4.4 Global Automotive in Wheel Motors Market, Revenues & Volume, By Above 90 KW, 2021 - 2031 |
6.5 Global Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Battery Electric Vehicle (BEV), 2021 - 2031 |
6.5.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021 - 2031 |
6.5.4 Global Automotive in Wheel Motors Market, Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021 - 2031 |
6.5.5 Global Automotive in Wheel Motors Market, Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021 - 2031 |
6.6 Global Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Automotive in Wheel Motors Market, Revenues & Volume, By Passenger Cars, 2021 - 2031 |
6.6.3 Global Automotive in Wheel Motors Market, Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021 - 2031 |
6.6.4 Global Automotive in Wheel Motors Market, Revenues & Volume, By Heavy Commercial Vehicles (HCVs), 2021 - 2031 |
7 North America Automotive in Wheel Motors Market, Overview & Analysis |
7.1 North America Automotive in Wheel Motors Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive in Wheel Motors Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
7.5 North America Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
7.6 North America Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
7.7 North America Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
7.8 North America Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8 Latin America (LATAM) Automotive in Wheel Motors Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive in Wheel Motors Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
8.6 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
8.7 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
8.8 Latin America (LATAM) Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9 Asia Automotive in Wheel Motors Market, Overview & Analysis |
9.1 Asia Automotive in Wheel Motors Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
9.5 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
9.6 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
9.7 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
9.8 Asia Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10 Africa Automotive in Wheel Motors Market, Overview & Analysis |
10.1 Africa Automotive in Wheel Motors Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
10.5 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
10.6 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
10.7 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
10.8 Africa Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11 Europe Automotive in Wheel Motors Market, Overview & Analysis |
11.1 Europe Automotive in Wheel Motors Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
11.5 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
11.6 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
11.7 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
11.8 Europe Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12 Middle East Automotive in Wheel Motors Market, Overview & Analysis |
12.1 Middle East Automotive in Wheel Motors Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive in Wheel Motors Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Cooling Type, 2021 - 2031 |
12.5 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Motor Type, 2021 - 2031 |
12.6 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Power Output, 2021 - 2031 |
12.7 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Propulsion Type, 2021 - 2031 |
12.8 Middle East Automotive in Wheel Motors Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
13 Global Automotive in Wheel Motors Market Key Performance Indicators |
14 Global Automotive in Wheel Motors Market - Export/Import By Countries Assessment |
15 Global Automotive in Wheel Motors Market - Opportunity Assessment |
15.1 Global Automotive in Wheel Motors Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive in Wheel Motors Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global Automotive in Wheel Motors Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
15.4 Global Automotive in Wheel Motors Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
15.5 Global Automotive in Wheel Motors Market Opportunity Assessment, By Power Output, 2021 & 2031F |
15.6 Global Automotive in Wheel Motors Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
15.7 Global Automotive in Wheel Motors Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
16 Global Automotive in Wheel Motors Market - Competitive Landscape |
16.1 Global Automotive in Wheel Motors Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive in Wheel Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |