Automotive & Transportation Market Insights Automotive In-Wheel Motors Market | Page 5

Automotive In-Wheel Motors Market Analysis 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. ©2015 Future Market Insights, All Rights Reserved 5