Europe In-wheel Motor Market

The Europe In-wheel Motor Market is witnessing significant growth, driven by the increasing demand for electric vehicles (EVs) and advancements in automotive technology. Recent reports estimate that the market is projected to grow at a CAGR of XX% from 2023 to 2028, potentially reaching a value of $XX billion. This growth is primarily fueled by the advantages of in-wheel motors, including improved energy efficiency, space-saving design, and enhanced vehicle performance.

Key players in the market, such as Continental, Bosch, and Michelin, are investing heavily in research and development to innovate in-wheel motor technologies. The shift towards electric mobility is encouraging manufacturers to explore this technology as it allows for better weight distribution and improved handling characteristics in vehicles. Additionally, the increasing focus on sustainability and reducing carbon emissions is driving the adoption of electric drivetrains, further propelling the demand for in-wheel motors.

As the European automotive industry continues to evolve, the in-wheel motor market is expected to expand, providing opportunities for innovation and collaboration among stakeholders.

The In-Wheel Motor Market is projected to reach USD 49.15 billion by 2032, growing at an exceptional CAGR of 32.31% during the 2024–2030 forecast period. These motors eliminate the need for conventional transmission systems, making EVs lighter and more efficient. The surge in EV adoption and advancements in compact electric drivetrain technology are pushing this market forward.

The In-Wheel Motor Market is gaining traction as a key technology in the automotive sector, particularly with the increasing demand for electric vehicles (EVs) and advancements in mobility solutions. In-wheel motors, also known as hub motors, are electric motors located within the wheel hub of a vehicle, eliminating the need for traditional drivetrains and enabling direct drive capabilities. This innovative approach offers several advantages, including improved efficiency, enhanced vehicle performance, and greater design flexibility.

As the automotive industry moves towards electrification and autonomous driving, in-wheel motor technology is becoming increasingly relevant. The growing focus on reducing vehicle weight, maximizing energy efficiency, and enhancing manoeuvrability is propelling the adoption of in-wheel motors in various vehicle types, including passenger cars, commercial vehicles, and electric bikes.

Market Research Future Insights

An in-wheel motor is a type of electric motor that is mounted directly inside the wheel of a vehicle, rather than being located elsewhere in the vehicle, such as in the engine compartment or transmission. In-wheel motors are used in some electric and hybrid vehicles to provide propulsion.

They can offer several benefits, such as improved handling and braking, as well as increased space inside the vehicle because they do not require a traditional drivetrain. The demand for electric and hybrid vehicles has been affected by the pandemic. The use of electric and hybrid vehicles may have been seen as a more sustainable and environmentally friendly transportation option during the pandemic, as they do not produce emissions and may help to reduce air pollution in urban areas.

List of Key Companies covered in the in-wheel electric motor market report:

Protean Electric (US)

NTN (Japan)

NSK (Japan)

Printed Motor Works (UK)

Elaphe Ltd. (Slovenia)

Ziehl-Abegg (Germany)

e-Traction (Netherlands)

DANA TM4 (Canada)

Ecomove (Denmark)

TAJIMA EV (Japan)

Regional Analysis

The Asia-Pacific region will have the highest revenue for the In-wheel motor market throughout the forecast period. The demand for commercial electric vehicles in Asia-Pacific is expected to grow significantly due to the rising demand for electric buses and initiatives to promote the development of electric vehicles taken by governments in countries such as China, Japan, and India.

The United States in-wheel motor market is experiencing rapid growth, driven by advancements in electric vehicle technology and increasing demand for efficient powertrains. Key players are investing in R&D to enhance performance and reduce costs. Regulatory support for EV adoption further fuels market expansion and innovation in this sector.

 Furthermore, increasing demand for the development of charging infrastructure and collaborations between automotive OEMs in the region is resulting in market growth in this region.

Market Segmentation

The Global In-wheel motor market has been segmented into propulsion type, power output, and vehicle type.

Based on the propulsion type, the market has been segmented into BEV, PHEV, FCEV, Cooling Type, Air Cooling, and Liquid Cooling.

Based on the power output, the market has been segmented into Up to 60 kW, 60–90 kW, and Above 90 kW.

Based on the vehicle type, the market has been segmented into Passenger Cars, Commercial Vehicles.

In-Wheel Electric Motor Industry Developments 2025

Ziehl-Abegg (Germany)

March 2025: Ziehl-Abegg unveiled its next-generation ZAwheel in-wheel electric drive system at the Electric Vehicle Technology Expo in Munich. The new system features improved power density and thermal management capabilities, allowing for a 30% increase in torque while maintaining the same physical dimensions as previous models. Company representatives announced that the technology would be implemented in urban transit buses across three major European cities by Q4 2025.

e-Traction (Netherlands)

January 2025: e-Traction secured €45 million in Series C funding to expand production capacity for its DirectDrive in-wheel motor technology. The investment round was led by Sustainable Mobility Ventures and included participation from existing investors. The company announced plans to open a new manufacturing facility in Arnhem that will triple its production capacity by the end of 2025, focusing particularly on meeting growing demand from commercial vehicle manufacturers in Europe and North America.

Explore More Trending Report

Oil Filter Market

E-Bike Rental Market

Caravan and Motorhome Market

Yacht Charter Market

Automotive Ultrasonic Sensors Market