"Global Automotive In Wheel Market – Industry Trends and Forecast to 2029
Global Automotive In Wheel Market, By Off-Highway (Construction and Mining Equipment, Agriculture Tractors), Vehicle Class (Economy, Mid-Priced, Luxury Priced), End-Use (Aftermarket, OE Market), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), Rim Size (13”-15”, 16”-18”, 19”-21”, >21”), Finish Type (Painted & Polished, Machined Alloy wheel, Two Tonned Alloy, Chromed Alloy, Anodised), Material (Alloy, Aluminium, Magnesium, Steel, Chromed, Carbon Fiber), Product (Regular, High Performance), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029
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The automotive in wheel market is expected to witness market growth at a rate of 20.60% in the forecast period of 2022 to 2029. Data Bridge Market Research report on automotive in wheel market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the automotive sector globally is escalating the growth of automotive in wheel market.
**Segments**
- By Propulsion Type: Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV)
- By Vehicle Type: Passenger Vehicles, Commercial Vehicles
- By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
The automotive in-wheel market can be segmented by propulsion type, vehicle type, and sales channel. The propulsion type segment includes electric vehicles (EV), hybrid electric vehicles (HEV), and plug-in hybrid electric vehicles (PHEV). With the shift towards sustainable transportation, the demand for EVs and HEVs is increasing, thereby driving the growth of the in-wheel market. The vehicle type segment comprises passenger vehicles and commercial vehicles. Passenger vehicles hold a significant share in the market owing to the rising adoption of electric passenger cars. The sales channel segment consists of original equipment manufacturers (OEM) and aftermarket. OEMs play a crucial role in the distribution of in-wheel systems to automakers, ensuring quality and compatibility.
**Market Players**
- Protean Electric
- Elaphe Ltd.
- Ziehl-Abegg
- NTN Corporation
- Printed Motor Works
- Bonfiglioli Riduttori S.p.A.
- Schaeffler AG
- Ziehl-Abegg
- Nissan
- Genesis Technologies
Several key players operate in the automotive in-wheel market, contributing to its competitive landscape. Protean Electric is a prominent player known for its innovative in-wheel motor technology. Elaphe Ltd. is another major player specializing in in-wheel propulsion systems for electric vehicles. Ziehl-Abegg offers high-performance in-wheel motors for enhanced vehicle efficiency. NTN Corporation provides integrated in-wheel motor solutions for various vehicle types. Printed Motor Works focuses on developing compact and efficient in-wheel motor designs. Bonfiglioli Riduttori S.p.A. is a trusted supplier of in-wheel drive systems for electric vehicles. Schaeffler AG manufactures in-wheel motors known for theirThe automotive in-wheel market is witnessing rapid growth and evolution with the emergence of key players offering innovative technologies and solutions. Protean Electric stands out for its cutting-edge in-wheel motor technology, providing efficiency and performance benefits to electric vehicles. Elaphe Ltd. is another significant player known for its expertise in developing in-wheel propulsion systems tailored for electric vehicles, contributing to the advancement of the market. Ziehl-Abegg has established a strong presence by offering high-performance in-wheel motors designed to enhance vehicle efficiency and performance. NTN Corporation is a leading provider of integrated in-wheel motor solutions catering to a wide range of vehicle types, thus driving the adoption of in-wheel technology across different segments of the automotive industry.
Printed Motor Works is a notable player focusing on compact and efficient in-wheel motor designs, catering to the demand for sustainable and eco-friendly mobility solutions. Bonfiglioli Riduttori S.p.A. has earned a reputation as a reliable supplier of in-wheel drive systems for electric vehicles, contributing to the growth of the electric vehicle market globally. Schaeffler AG is recognized for its manufacturing of in-wheel motors known for their durability and performance, providing key technological advancements to the automotive in-wheel market. Genesis Technologies also plays a significant role in the market, contributing to the development of innovative in-wheel technologies and solutions for electric and hybrid vehicles.
The competitive landscape of the automotive in-wheel market is characterized by intense research and development activities aimed at enhancing the performance, efficiency, and sustainability of in-wheel systems. Key players are focusing on strategic partnerships, collaborations, and product launches to strengthen their market presence and expand their product portfolios. The growing emphasis on electric and hybrid vehicles as a sustainable mobility solution is driving the demand for in-wheel motors, propelling market growth.
Overall, the automotive in-wheel market is poised for significant expansion in the coming years, driven by technological advancements, increasing investments in research and development, and the rising demand for eco-friendly transportation solutions. Key players such as Protean Electric**Global Automotive In Wheel Market**
- **Off-Highway**: The off-highway segment of the global automotive in-wheel market includes construction and mining equipment as well as agriculture tractors. This segment is crucial for the utilization of in-wheel technology in heavy-duty applications, offering efficiency and performance benefits in challenging environments.
- **Vehicle Class**: The market is also categorized based on vehicle class, including economy, mid-priced, and luxury-priced vehicles. This segmentation reflects the diverse applications of in-wheel technology across various vehicle segments, catering to different consumer preferences and needs.
- **End-Use**: The end-use segment consists of aftermarket and original equipment (OE) market. This classification highlights the distribution channels and procurement pathways for in-wheel systems, outlining how these technologies reach end consumers and vehicle manufacturers.
- **Vehicle Type**: The vehicle type segment encompasses passenger vehicles, light commercial vehicles (LCV), and heavy commercial vehicles (HCV). This division showcases the versatility of in-wheel systems in different vehicle categories, addressing the mobility requirements of both individual and commercial users.
- **Rim Size**: Rim size is a critical parameter in the automotive in-wheel market, with options ranging from 13"" to 15"", 16"" to 18"", 19"" to 21"", and larger than 21"". Different rim sizes cater to diverse vehicle applications and design preferences, influencing the adoption of in-wheel technology.
- **Finish Type**: The finish type of in-wheel systems includes painted & polished, machined
A high quality Automotive In Wheel market research report is a definitive solution for the success of business at local, regional as well as international level. All the market factors are described in the report as required to define the topic and provide maximum information for better decision making. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section of production, supply, sales and market status. An excellent Automotive In Wheel market report comprises of comprehensive and thorough insights which are based on business intelligence.
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
Countries Studied:
- North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Core Objective of Automotive In Wheel Market:
Every firm in the Automotive In Wheel Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Automotive In Wheel Market and growth rate factors.
- Important changes in the future Automotive In Wheel Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Automotive In Wheel Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Automotive In Wheel top manufacturers profile and sales statistics.
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