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In-Wheel Motor Market: Information by Propulsion (BEV, FCEV), Vehicle Type, Motor Type (Axial Flux Motor, Radial Flux Motor), Cooling Type (Air Cooling, Liquid Cooling)— Forecast Till 2026

Market Snapshot
Study Period:
Base Year:
Fastest Growing Market:
North America
Largest Market:
Asia Pacific
37.54 %
Key Players
Protean Electric

Elaphe (Slovenia)


Printed Motor Works


Global Statistics Representing In-Wheel Motor Market Scenario

The in-wheel motor is mounted on the wheel to power the wheel directly. It is primarily used in an electric vehicle drivetrain system to supply torque to its associated tire and generates more power to enhance the efficiency of a vehicle. As generated power goes directly to the wheel from the motor, thus in-wheel motor enhances electric vehicle performance. In the coming years, in-wheel motor is expected to replace drive shaft, transmission, and differential.

For more than a decade, manufacturers have been taking hard efforts to develop something innovative in tire technology and the in-wheel motor is one of their achievements. The in-wheel motor market is expected to witness significant growth during the forecast period due to ongoing headwinds for diesel technology, increasing customer interest in EVs, and growing demand for increased performance, driving range, reliability, and provision for improved electric vehicle performance. Additionally, the in-wheel motor helps to reduce the vehicle part count, complexity, and cost by integrating power electronics by the system. The system can also be combined with regenerative braking to improve performance and increase distance coverage per charge. This is further expected to drive the market growth during the review period, 2016-2026

The global in-wheel motor market was valued at USD 260.4 million in 2018 and is projected to reach a value of USD 3145.72 million by 2026, registering a CAGR of 37.54% during the forecast period, 2019–2026.

Intended Audience

  • EV components manufacturers
  • In-wheel motor manufacturers
  • EV distributors and retailers
  • EV manufacturers

Segmental Insights

The in-wheel motor market has been segmented on the basis of propulsion, vehicle type, motor type, cooling type, and power output type.

By propulsion, the global market has been segmented into BEV, FCEV, HEV, and PHEV. The BEV (Battery electrical vehicles) segment is likely to grow at the fastest CAGR rate wing to a number of benefits offered as compared to the conventional petrol/diesel car such as less expensive exhaust systems, fuel injection system, radiators and others. Moreover, the rising trend of autonomous technology in the vehicle is a major enabler for the growth of the battery electric vehicles market.

Based on vehicle type, the market has been segmented into a passenger car and commercial vehicle. Passenger car is expected to gain significant traction in the global market. Growing global sales of passenger car and increasing penetration of the electric vehicles are majorly attributed to the growth of the market. For instance, according to a statistical report published by International Organization of Motor Vehicle Manufacturers, the global sales of passenger cars was 6, 63, 27,133 unit in 2015 and it was increased up to 7, 08, 49,466 unit in 2018. Furthermore, emerging countries such as China, India, and others have been added value to the growth of the passenger car market.

In terms of motor type, the market has been segmented into axial flux motor and radial flux motor. Axial flux motor is ideal for emerging electric automation such as electric vehicles, electric aircraft, drones, and others. It is primarily designed to use in electric vehicles owing to engineering, environmental benefits, and others. Furthermore, it is possible to considerably reduce the total volume occupied by the machines and also helps to reduce the weight of the vehicles.

On the basis of cooling type, the market can be segmented into air cooling and liquid cooling. The liquid cooling system is significantly using in electric vehicles and this uses is likely to increase in the near future owing to its performance and characteristic high heat capacity, compact, easy to arrange structure. The growing research on battery thermal management system, higher demand for longer battery life and higher power output which results, increase in temperature, are expected to boost the demand for a cooling system.

Base on power output type, the market can be segmented into up to 60 KW, 60–90 KW, and above 90 KW. Batteries with up to a 60 KW power output are largely preferred by prominent emectric vehicle manufacturers, owing to their efficiency and suitability in passenger cars. The latest model of BMW, i.e. the BMW i3 is equipped with a 42 KW power output battery and the Tesla S 60 model is equipped with a 60 KW power output battery.

Key Findings


Regional Insights

Geographically, the in-wheel motor market has been segmented into North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).

Asia Pacific is expected to dominate the global in-wheel market during the forecast period, led by government policies and schemes promoting electric vehicles. For instance, Protean Electric, one of the leading manufacturers of in-wheel motors, signed a joint venture agreement with a Chinese company, Weifu High-Technology Group in May 2018 to promote its Protean Drive (PD 18) motor on a large scale in China as well as the neighbouring countries. Automobile OEMs Such as BYD are planning to establish manufacturing plants for electric buses and trucks to keep pace with Asia Pacific’s supply & demand. NTN, one of the leading companies in Japan, supplies in-wheel motors to the electric vehicle start-up, FSAT (Changchun Fawns Auto Tech). Increasing sales of electric vehicles and favorable government initiatives such as rebate and subsidies for vehicle electrification are among the key factors driving maret growth in the region. According to Chinabuses.org, BYD, one of the leading manufacturers of electric buses in the Chinese market, sold 14,336 units in 2018 (including 1,559 units by GAC BYD), up by 8% year on year.

North America and Europe are expected to be the fastest growing regions in the global in-wheel market, with the presence of numeorus leading electric vehicle manufacturers that deliver quality and high-performance vehicles. OEMs in North America, such as Renault Zoe, Nissan Leaf, General Motors, and Tesla are some of the leading manufactures focusing on the development of faster, cleaner as well as high-performance electric vehicles. Leading OEMs in the U.S., such as General Motors and Tesla have launched electric vehicles nationwide, which has created an upsurge in the demand for in-wheel motors. In the U.S., top-selling electric vehicles are equipped with in-wheel motors.

Europe dominates the global in-wheel motor market and is projected to remain the frontrunner throughout the forecast period, owing to the growing adoption and production of electric cars. For instance, according to the European Alternative Fuels Observatory, in Europe, the estimated electric passenger cars on road are pegged at 12,65,441 units while public EV charging points are pegged at 1,61,426.

The LAMEA is expected to observe passive growth in the global in the in-wheel market, owing to lack of infrastructure, slow adoption rate, and low purchasing power.

Key Players

Some of the prominent players operating in the in-wheel motor market are Protean Electric, Elaphe (Slovenia), ZIEHL-ABEGG, Printed Motor Works, NTN, E-TRACTION, TM4, ECOmove, NSK, TAJIMA EV, Schaeffler, BMW, Nissan, Volkswagen, Daimler, Tesla, Chevy, Nissan, General Motors, Ford, Volvo, Mitsubishi Motors, Toyota, Honda, and Hyundai.

Future Developments Expected to Influence the In-Wheel Motor Market Positively


In-Wheel Motor Market Segmentation

By Propulsion

  • BEV
  • FCEV
  • HEV
  • PHEV Magnesium
  • Others

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

By Motor Type

  • Axial Flux Motor
  • Radial Flux Motor

By Cooling Type

  • Air Cooling
  • Liquid Cooling

By Power Output Type

  • Up to 60 KW
  • 60–90 KW
  • Above 90 KW

Regions Covered:

North America

  • U.S.
  • Canada
  • Mexico


  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe


  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Argentina
  • Colombia
  • Rest of Latin America


  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA

Which Details are Covered in the In-Wheel Motor Market Report?


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