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CO2 EVAPORATOR

At CO2 Evaporators, we are dedicated to providing state-of-the-art cooling solutions utilizing CO2 (R744) as a refrigerant. With a strong commitment to sustainability and environmental responsibility, we offer a wide range of CO2 evaporators that cater to various industrial and commercial cooling needs.

General Information CO2(R744) Evaporators are coolers designed for commercial and industrial cooling applications with subcritical and transcritical operating ranges, and are manufactured to appeal to a wide range of capacities.

Robust and electrostatic powder coated (RAL 9016) caseting on galvanized sheet creates a smooth, permanent, corrosion-resistant, decorative structure. 

Suitable for food applications.

Copper or special alloy copper pipes are used.

The maximum working pressure is 60 bar. EBM, ZIEHL-ABEGG or equivalent high efficiency axial type fans are used as standard.

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"EC Fans: The Future of Energy Efficiency or Just Overpriced Technology?"

Electronically Commutated (EC) fans are a type of energy-efficient fan technology that utilize brushless DC motors with integrated electronics for commutation. These fans offer a variety of benefits such as lower energy consumption, quieter operation, longer lifespan, and improved control options compared to traditional AC fans.

The market analysis of Electronically Commutated (EC) fans indicates a growing demand due to the increasing focus on energy efficiency across various industries. The rising awareness regarding the environmental impact of traditional fans and the need for energy-saving solutions are major drivers for market growth. Additionally, stringent regulations and government initiatives promoting energy-efficient products further boost the adoption of EC fans.

The market is witnessing a shift towards EC fans in sectors such as HVAC (heating, ventilation, and air conditioning), power generation, automotive, and electronics. The HVAC industry is the largest consumer of EC fans due to their ability to provide significant energy savings in heating and cooling systems. The

automotive sector is also adopting EC fans in electric vehicles to enhance energy efficiency and reduce CO2 emissions.

Key trends in the Electronically Commutated (EC) fans market include the integration of smart technologies and IoT connectivity, enabling remote monitoring and control of fan operations.

Manufacturers are also focusing on product innovations such as lightweight designs, advanced motor technologies, and noise reduction capabilities to meet customer demands.

Overall, the Electronically Commutated (EC) fans market is expected to witness steady growth, with a projected CAGR of 6.8% during the forecast period. This growth can be attributed to the increasing

emphasis on energy efficiency and sustainability in various industries, driving the adoption of EC fans as a viable solution.

Sample pages of Report: https://www.infiniumglobalresearch.com/form/838?name=Sample

Electronically Commutated (EC)Fans Major Market Players

Electronically commutated (EC) fans are advanced energy-efficient fans that are being increasingly utilized in various industries, including HVAC, automotive, electronics, and others. Below is a

competitive landscape analysis of some key players in the EC fans market:

Delta Electronics, :

Delta Electronics is a leading global provider of power and thermal management solutions. The

company's EC fans are highly regarded for their energy efficiency and superior performance. Delta

Electronics has a strong market presence and offers a wide range of EC fans for different applications. The company has experienced significant market growth over the years due to its continuous focus on innovation and customer satisfaction.

Ebm-Papst:

Ebm-Papst is a German-based company that specializes in the development and manufacturing of fans and motors. The company offers an extensive portfolio of EC fans known for their reliability and high energy efficiency. Ebm-Papst has a long-standing history of providing innovative solutions and has witnessed steady market growth, supported by its strong distribution network and customer-centric approach.

Ziehl-Abegg SE:

Ziehl-Abegg is a well-established German manufacturer of fans and motors, including EC fans. The

company's EC fans are recognized for their superior technology and optimal performance. Ziehl-Abegg has a rich history in the industry and has strengthened its market presence through continuous product development and strategic partnerships. The company's focus on sustainability and energy-efficient

solutions has contributed to its market expansion.

Despite not having specific sales revenue figures, Airtècnics, Continental Fan, ECOFIT, Hidria, Orion Fans, Rosenberg Ventilatoren, Systemair AB, Sunonwealth Electric Machine Industry Co., and Epec LLC. are prominent players in the EC fans market. They have proven track records of expertise and quality in manufacturing EC fans.

In conclusion, the aforementioned players, such as Delta Electronics, Inc., Ebm-Papst, and Ziehl-Abegg SE, are leading the market for EC fans with their innovative technologies, strong market presence, and commitment to energy efficiency. The market for EC fans is projected to continue its growth trajectory in the coming years, driven by increasing environmental consciousness and the need for energy savings.

What Are The Key Opportunities For Electronically Commutated (EC)Fans Manufacturers?

The Electronically Commutated (EC) Fans market has been experiencing significant growth in recent years, driven by increasing adoption in various industries such as heating, ventilation, and air conditioning (HVAC), automotive, and electronics. EC fans offer several advantages over traditional AC fans, including higher energy efficiency, quieter operation, and longer lifespan. Additionally, the rising

focus on energy conservation and stringent regulations regarding carbon emissions are further fueling the demand for EC fans. Looking ahead, the market is expected to continue its growth trajectory, driven by technological advancements, increasing demand for energy-efficient solutions, and the growing need for sustainable cooling and ventilation systems.

The Electronically Commutated (EC) Fans market encompasses various types of fans: Centrifugal Fans, Axial Fans, Mixed Flow Fans, and Cross Flow Fans. Centrifugal fans are used for high pressure and low airflow applications, while Axial fans are ideal for high airflow and low-pressure situations. Mixed flow fans combine characteristics of both centrifugal and axial fans, offering moderate pressure and airflow. Cross flow fans provide a wide, uniform airflow and are commonly used in air conditioning systems.

Each fan type serves specific purposes, catering to diverse industrial requirements within the EC fan market.

Report Overview : https://www.infiniumglobalresearch.com/market-reports/global-electronically-commutated-ec-fans-market

Electronically Commutated (EC) fans find application in various industries. In the marine industry, EC fans are used for ventilation and cooling systems on ships. In the food processing sector, they are employed in refrigeration units. In the manufacturing industry, EC fans are used for air circulation in factories. The automotive industry uses EC fans for engine cooling. In the telecom industry, they are utilized for cooling electronic components. EC fans also find applications in other sectors, such as data centers, hospitals, and residential buildings, for their energy efficiency and reliable operation.

The globally expanding market of Electronically Commutated (EC) fans is anticipated to witness significant growth across various regions. North America (NA) is expected to dominate the market, fueled by the rising demand for energy-efficient cooling and ventilation systems in commercial buildings and industries. Meanwhile, the Asia-Pacific (APAC) region, especially China, will witness substantial growth due to rapid infrastructure development and increasing awareness regarding energy conservation. Europe and the USA are also projected to contribute significantly to market growth. While specific market share percentages are subject to market dynamics, North America is expected to hold a substantial share, followed by APAC, Europe, the USA, and China, respectively.

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Locomotive Radiator Fan Market Analysis: Forecasted Market Size, Top Segments, And Largest Region

The latest report by Fortune Business Insight Research Company Insights, titled Global Locomotive Radiator Fan Market - Size, Trends, Share, Growth, Dynamics, Competition, and Opportunity Forecast Period, provides a thorough analysis of the global Locomotive Radiator Fan Market. The report meticulously examines both macro and micro trends, offering insights into the dynamic factors influencing the market. It encompasses a detailed exploration of qualitative and quantitative aspects, delivering a precise depiction of market size, growth rates, annual progression, prevailing trends, key drivers, promising opportunities, and potential challenges. Additionally, the report highlights the impact of crucial events such as new product launches or approvals, as well as the influence of external factors such as technological advancements and consumer preferences on the automotive carbon wheels market landscape. This exhaustive examination equips businesses and stakeholders with invaluable intelligence for making informed decisions in the evolving automotive industry. 

Favorable regulations, policy decisions, and subsidies & concessions would propel the development of the locomotive radiator fan market.

Get Sample PDF Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/108316

Market Size And Growth Forecast:

The automotive Locomotive Radiator Fan Market size has grown strongly in recent years. in the historic period can be attributed to vehicle production growth, stringent automotive safety standards, consumer demand for noise reduction, increasing emphasis on vehicle aesthetics, and globalization of automotive supply chains.

The Locomotive Radiator Fan Market size is expected to see strong growth in the next few years. It will grow in the forecast period & can be attributed to rise in autonomous vehicle adoption, stringent environmental regulations, demand for enhanced weather resistance, focus on energy-efficient vehicles, and innovations in seal manufacturing processes. Major trends in the forecast period include advancements in sealing technologies, the development of self-healing seals, customization for luxury and premium vehicles, integration of advanced materials, and collaborations for innovation.

Major Locomotive Radiator Fan Market Manufacturers covered in the market report include:

ZIEHL-ABEGG Inc., Flexxaire Inc., Aerovent, Ametek Inc., Valeo SA, Multi Wing America Inc., Sunonwealth Electric Machine Industry Co. Ltd, Bergstrom Inc., Horton Holding Inc., Rosenberg Ventilatoren GmbH, Delta Electronics Inc., Toshiba Electronics Devices & Storage Corporation and Air International Thermal Systems Inc.

The increasing population globally will fuel the market expansion. With rising population density and urbanization, there is an increase in office goers, leading to heavy congestion in the roadways.

What is the anticipated market size in 2030, along with the major drivers, restraints, and opportunities?

The market is driven by factors such as the increasing demand for lightweight and high-performance automotive components to enhance fuel efficiency and reduce carbon emissions. Advancements in carbon fibre technology, coupled with growing consumer preference for premium and customized vehicles, are also significant drivers. However, challenges such as high manufacturing costs and limited adoption in mass-market vehicles may hinder market growth. Opportunities lie in collaborations between automotive manufacturers and carbon fibre suppliers to develop innovative and cost-effective solutions for various vehicle segments.

Scope of the Report:

► Executive Summary

► Demand and Supply-side Trends

► Market Drivers, Restraints, Opportunities, and Challenges

► Value Chain Analysis

► Porter's Five Forces Analysis

► Industry SWOT Analysis

► COVID-19 Impact Assessment

► PESTLE Analysis

► Global Market Size and Forecast

► Regional Market Size and Forecast (Cross-country Analysis)

► Competition Landscape

► Company Profiles

Market Segmentation by Geography includes:

∆ North America: U.S., Canada, and Mexico

∆ Europe: Germany, France, U.K., Italy, Spain, and Rest of Europe

∆ Asia Pacific: China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific

∆ South America: Brazil, Argentina, and Rest of Latin America

∆ Middle East & Africa: GCC Countries, South Africa, and the Rest of Middle East & Africa

Frequently Asked Questions (FAQs):

► What is the current market scenario?

► What was the historical demand scenario, and forecast outlook from 2024 to 2030?

► What are the key market dynamics influencing growth in the Global Locomotive Radiator Fan Market?

► Who are the prominent players in the Global Locomotive Radiator Fan Market?

► What is the consumer perspective in the Global Locomotive Radiator Fan Market?

► What are the key demand-side and supply-side trends in the Global Locomotive Radiator Fan Market?

► What are the largest and the fastest-growing geographies?

► Which segment dominated and which segment is expected to grow fastest?

► What was the COVID-19 impact on the Global Locomotive Radiator Fan Market?

Table Of Contents:

1 Market Overview

1.1 Locomotive Radiator Fan Market Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook 

1.4.1.2 Canada Market States and Outlook 

1.4.1.3 Mexico Market States and Outlook 

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook

1.4.2.2 France Market States and Outlook 

1.4.2.3 UK Market States and Outlook

1.4.2.4 Russia Market States and Outlook 

1.4.2.5 Italy Market States and Outlook 

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook

1.4.3.2 Japan Market States and Outlook 

1.4.3.3 Korea Market States and Outlook 

1.4.3.4 India Market States and Outlook 

1.4.3.5 Southeast Asia Market States and Outlook 

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook

1.4.4.2 Egypt Market States and Outlook 

1.4.4.3 Saudi Arabia Market States and Outlook 

1.4.4.4 South Africa Market States and Outlook 

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

Continued…

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Ziehl-abegg - Energy-Efficient Industrial Solutions | Auto2Mation

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Cooling Fans Market Size, Future Trends, Growth Key Factors, Demand, Share, Application, Scope, and Opportunities Analysis by Outlook 2032

According to Future Market Insights, the global market for cooling fans is set to expand at a CAGR of over ~10.4% during the assessment period of 2022-2032 totaling a valuation of US$ ~21.2 Bn by the end of 2032. Rapid growth of industries such as consumer electronics, automotive, and telecom is a key factor driving demand for cooling fans globally.

Similarly, the market is anticipated to expand quickly during the forecast period as a result of a many recent trends, including an increase in demand for cutting-edge technology, growing demand for hybrid electric vehicles, rapid penetration of industrialization, ongoing investment in R&D, an increase in demand for high-efficiency products in the manufacturing market.

Cooling fans have become essential equipment for numerous industries as they help to cool down machinery during functioning. These fans remove heat from systems and thus minimize the risk of damage to components due to excessive heating.

Request a Report Sample to Gain Comprehensive Insights @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16328

Rising production and sales of vehicles across the globe will play a key role in boosting the global cooling fans market during the forecast period. Automotive manufacturers are installing efficient cooling fans in their vehicles as they take away all heat absorbed from the engine using coolant.

Most of the cooling sales remain concentrated in the industrial segment. However, other sectors like consumer electronics, telecom, and automotive will also help the cooling fans market to thrive at a stupendous growth rate during the projection period.

According to the report, key market participants are anticipated to concentrate on product penetration in regions like South Asia and Latin America. By integrating environmentally friendly raw materials in their production, cooling fan manufacturers are diverting their attention to sustainability concerns.

 “Cooling fan’s providers are concentrating on expanding their product portfolios by introducing innovative products at affordable prices. This will help them to increase their revenue share over the projection period”, says an FMI analyst.

Who is Winning?

Leading manufacturers of cooling fans are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of cooling fans market globally.

Leading players operating in the global cooling fans market are Delta Group, DENSO, MinebeaMitsumi Inc. (NMB Technologies Corporation), Nidec Corporation, EBM-Papst Group, Ziehl-Abegg SE, Aerovent, Horton, Inc., SPAL Automotive, S.P. Plastic Industries, SUNON Group, ADDA, AVC, AMETEK.Inc, Rosenberg, Multi-Wing America, and Flexxaire among others.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global cooling fans market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the cooling fans market based on type (axial fans, centrifugal fans, and others), application (consumer electronics, telecom/Datacom, automotive and transportation, industrial, and others), and sales channel (direct sales, specialty stores, multi-brand store, online retailing, and others) across seven major regions.

Talk to Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-16328

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Automotive In-Wheel Motors Market Key Opportunity, Analysis, Growth, Trends 2032

The automotive in-wheel motors market is expected to grow 38.0% year on year in 2022, reaching a value of around US$ 2,127.5 million by the end of 2022. Sales of automotive in-wheel motors were estimated to be worth approximately US$ 1,541.4 million at the end of 2021. By 2032, the automotive in-wheel motors market is anticipated to expand at a 38.0% CAGR, reaching a worth of US$ 53291.81 Million.

Significant Considerations

Higher efficiency, driving range, stability, and assistance for enhanced electric vehicle performance comparable to Internal Combustion Engine (ICE) vehicles are driving the automotive in-wheel motors market. By incorporating power electronic devices into the system, it helps to reduce the number of vehicle parts, complexity, and cost. The system can also be consolidated with regenerative braking to enhance efficiency and boost the distance covered per charge.

Element of Limitation

The use of in-wheel motor technology in a vehicle raises unsprung weight, which can reduce ride comfort. If the vehicle's brakes are mounted on the wheel, which is directly subjected to unsprung weight, the wheel's stress will increase. The increase in unsprung weight may limit the use of in-wheel motor technology in vehicles, thereby restraining the automotive in-wheel motors market.

APAC Automotive In-wheel Motors Market

The APAC automotive in-wheel motors market is expected to dominate the global market in terms of value, and it is expected to grow during the forecast period. The radial flux automotive in-wheel motors category is expected to see significant usage in high-performance automobiles due to their ease of manufacture.

Key Takeaways:

The APAC automotive in-wheel motors market is expected to grow at a CAGR of 41.6% by value.

Germany is expected to grow at a CAGR of 42.9% in the global automotive in-wheel motors market due to an increase in the number of vehicles in the country during the forecast period.

The United States is expected to account for more than 88% of the North American automotive in-wheel motors market in 2022.

China is expected to control nearly 93% of the APAC in-wheel motor market by 2022.

The liquid cooled segment of the market for automotive in-wheel motors is predicted to grow at a CAGR of 41.2%.

Among technology segments, the BEV (battery electric vehicle) category is projected to expand at a 39.5% CAGR.

The passenger car segment is estimated to hold for 88% of the value share in the automotive in-wheel motors market.

Start-up Ecosystem:

NTN, a Japanese bearing manufacturer, is set to supply in-wheel motor technology to Chinese electric vehicle startup Changchun Fawsn Auto Tech, or FSAT, introducing the new drive system to the world's largest electric market.

REE, a Tel Aviv-based Israeli startup that uses in-wheel motors, has a $580 million valuation. Meitav Dash, an Israeli investment firm, put in 70 million shekels. The company has collaborations with Mitsubishi of Japan, Honda's Musashi Seimitsu, American Axle & Manufacturing, and Linamar, Canada's second-largest auto parts manufacturer.

Competitive Landscape:

Protean Electric, Elaphe, ZIEHL-ABEGG, Printed Motor Works, and NTN are among the market for automotive in-wheel motors ecosystem's players. Tesla, Nissan Motor Corporation, BYD, BMW, and Volkswagen are also part of the ecosystem.

The market for automotive in-wheel motors is expected to grow over the forecast period, as contenders in the global automotive in-wheel motors market emerge and competition with existing players intensifies in the coming years.

For More Info@ https://www.futuremarketinsights.com/reports/in-wheel-motors-market

Recent Development:

Date

Company

Strategy

Details

2018

Printed Motor Works

Redesign

Printed Motor Works improved their existing PMW XR15 in-wheel motors in 2018. With the redesign of its compact XR15 series, Printed Motor Works improved the specification of its strong in-wheel motor range. The updated models have greater radial and axial load bearing capacity due to larger diameter shafts and heavier duty bearing sets.

2018

Yasa

New Factory

Yasa opened a new factory in Oxford, United Kingdom, in 2018. The inauguration came after the company signed long-term research and supply agreements with automotive customers, as well as a new US$ 17 million investment in growth funds.

[researchvishal]

Automotive In-Wheel Motors Market Is Anticipated To Show Promising Growth Prospects In The Forecasted Period 2022-2029 | FMI

Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced by multiple factors ranging from greater driving range per charge to elimination of components such as driving and differential shafts. According to a study of Future Market Insights (FMI), the automotive in-wheel motors market sales will exceed 720 thousand units in 2022. Affordability of in-wheel motor in terms of power consumption relative to the traditionally employed central drive unit system will continue to uphold its preference by automakers in the near future.

The Automotive In-Wheel Motors market is projected by Future Market Insights (FMI) to develop with YOY CAGR of 38.0 percent in 2022, reaching a value of roughly US$ 2,127.5 Mn by 2022’s end. Global vehicle in-wheel motor sales were projected to total over US$1,541.4 million by the end of 2021. The market is anticipated to develop at a 38.0 percent CAGR by 2027 and be worth US$10,650.2 Mn.

Elimination of unnecessary components is one of the primary adoption determinants of automotive in-wheel motors, as they significantly reduce the weight of battery-electric vehicles (BEVs), while crawling up on vehicle electrification and light weighting trends. BEV accounted for over 7 in 10 automotive in-wheel motors sold worldwide in 2017, according to the study. A key trend influencing BEV-specific in-wheel motor sales is miniaturization and integration of inverter, which features a compact design.

Automotive in-wheel motors are likely to remain touted as a sustainable future alternative to propulsion systems used in powertrains. With promising future prospects of BEVs, and palpability of optimized hydrogen fuel cell technologies, certainty spotlights automotive in-wheel motors’ promising prospects in the upcoming years.

Passenger Cars Hold Supremacy in Adoption of Automotive In-Wheel Motors

The study opines that passenger cars will continue to retain their reign in the automotive in-wheel motors market, with approximately 637 thousand units expected to be sold in 2019. Key offerings with affordability, such as improved vehicle dynamics and lower design complexity in power transmission to wheel, continue to drive adoption of automotive in-wheel motors in passenger cars. Passenger cars integrated with in-wheel motors enable enhanced traction control, along with torque vectoring functions devoid of added bill-of-materials.

The automotive in-wheel motors market grows in tandem with penetration of electric vehicles is significantly backed by the regulations on vehicle emission, as nearly 20% of these emissions result directly from fuel evaporation. Contribution of these zero emission vehicles to environment pollution is insignificant, despite their indirect impacts during electricity generation and storage.

Automotive In-Wheel Motors Market: Key Players Introducing Novel Solutions to Clasp Greater Share

Key players in the automotive in-wheel motors market have come up with novel solutions to offset latent challenges faced in terms of deployment, operation, and functionality. Companies such as Protean Electric have claimed to have overcome obstructions related to use of automotive in-wheel motors, such as road shocks and additional mass, along with complexity associated with motor control software.

Protean’s new automotive in-wheel motors make drivetrains highly energy-efficient, while increasing the fuel economy over 30%. On the other hand Nissan has developed automotive in-wheel motors for the working prototype of the company’s futuristic concept car. Companies such as Ziehl-Abegg have introduced automotive in-wheel motors that enable application in fuel-cell, battery-operated, and hybrid commercial electric vehicles.

Permeation of electrification trend in the automotive space shows no signs of abating, with prospects revolving around motor and charging technologies that are becoming more multipurpose and sophisticated. Robust uptake in electric vehicles worldwide has led automotive OEMs to catch up with efforts on the development of second-generation motors, wherein performance, noise, and efficiency are deemed key imperatives. Higher levels of auto parts integration, and sturdy, compact packaging of powertrain components are some of the imminent developments in the automotive in-wheel motors market.

As benefits of automotive in-wheel motors continue to outweigh challenges faced in their deployment and functionalities, along with efforts toward offsetting the latter, industry leaders have directed their focus on R&D activities. These researches are primary aimed at design developments to impart mechanical, electrical, and thermal stress resistance to the automotive in-wheel motors during their operation.

Automotive In-Wheel Motors Market by Segmentation

By Product Type:

Axial Flux Motor

Radial Flux Motor

By Technology:

BEV

HEV

PHEV

By Vehicle Type:

Passenger Car

Commercial Vehicle

By Cooling:

Air Cooled

Liquid Cooled

By Region:

North America

Latin America

Europe

Japan

APAC

MEA

For more information @ https://www.futuremarketinsights.com/reports/in-wheel-motors-market  

[businesstobusiness-b2b]

In-Wheel Motor Market Share by 2026 | Here's All You Need to Know

According to the new market research report "In-Wheel Motor Market by Propulsion (BEV, HEV, PHEV & FCEV), Vehicle Type (PC & CV), Motor (Axial & Radial), Cooling (Air & Liquid), Power Output (Up to 60 kW, 60-90 kW & Above 90 kW), Vehicle Class, Motor Weight, and Region - Global Forecast to 2026", Published by MarketsandMarkets™, Global In-Wheel Motor Market is projected to grow at a CAGR of 40.3% during the forecast period to reach USD 4,395 million by 2026 from an estimated USD 808 million in 2021.

The major factors behind the growth of the In-Wheel Motor Market are improved vehicle performance, replacement of transmission, drive shaft, axles, and differentials. In-wheel motor helps supply torque to its associated tire and generates more power to improve the efficiency of a vehicle. 

The major In-Wheel Motor Market players are Protean Electric (US), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192634770 

Electric passenger car segment: Expected to dominate the In-Wheel Motor Market 

The electric passenger car segment is the largest of all segments of the In-Wheel Motor Market and is expected to witness significant growth during the forecast period. Passenger cars are expected to grow at a significant rate in the emerging economies of the Asia Pacific region. The growth of in-wheel motors in passenger cars can be attributed to factors such as improved efficiency, high torque, increased power, and better vehicle handling for new and existing vehicles.  This vehicle segment is the most promising market for in-wheel motors as it is the largest in the automotive industry. 

BEVs: Expected to dominate the In-Wheel Motor Market

Governments prefer BEVs as these are zero-emission vehicles. Various governments around the world support the sales of BEVs with subsidies and tax rebates. Countries such as the US, Canada, the UK, and Germany are focusing heavily on electric vehicles. The BEV segment is the largest and majorly used across all four regions. Asia Pacific accounts for the largest BEV market, with countries such as China, Japan, and South Korea leading BEV sales. Strong government support and favourable policies are the major factors for the fast growth of BEVs in the region along with the fast popularization of EV charging stations. The top 5 selling BEV models in Europe are Renault Zoe, Nissan Leaf, Tesla Model S, BMW i3, and Volkswagen e-Golf. Among these, Tesla Model S, Chevy Volt, BMW i3, and Nissan Leaf are equipped with in-wheel motors.

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Asia Pacific: Largest market for in-wheel motors  

The Asia Pacific region is estimated to be the largest In-Wheel Motor Market in 2026 because of government promotions and schemes that have led to the increase in electric vehicle sales over the years, catering to the demand for in-wheel motors. For instance, NTN, which is a Japan-based company, supplies in-wheel motors to the electric vehicle start-up FSAT (Changchun Fawsn Auto Tech).

In-wheel motor is majorly found in electric commercial vehicles; therefore, governments of various countries in the Asia Pacific region are focusing on electric commercial vehicles. For example, even in developing countries like India, the government has announced phase 2 of its Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) scheme in April 2019 with an outlay of over USD 1.4 billion. In 2021, the scheme got an extension till March 2024 to further facilitate the growth of EVs and their infrastructure. Besides, OEMs such as BYD are planning to open manufacturing plants for electric buses and electric trucks to meet the regional demand in different countries of Asia Pacific.

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