Automotive & Transportation Market Insights Automotive In-Wheel Motors Market | Page 4

Automotive In-Wheel Motors Market Analysis
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 sales will exceed 720 thousand units in 2019. 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.
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.
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