Report overview
The global Automobile Out-Wheel Motor market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Full Out-Wheel Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Automobile Out-Wheel Motor include ZF, BYD, FDG Electric Vehicles Limited, Zhongzhi New Energy Vehicle, Mercedes-Benz, Protean, Elaphe, NSK and Porsche AG, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Automobile out-wheel motor is a motor installed next to the wheel and drives one wheel alone, with a motor and a reducer on both sides. This design cancels the main reducer and differential, so the overall power consumption is relatively small. Different from the hub motor, the hub motor is the motor embedded in the wheel, the stator is fixed on the tire, and the rotor is fixed on the axle instead of transmitting power to the wheel through the transmission shaft.
This report aims to provide a comprehensive presentation of the global market for Automobile Out-Wheel Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automobile Out-Wheel Motor. This report contains market size and forecasts of Automobile Out-Wheel Motor in global, including the following market information:
Global Automobile Out-Wheel Motor Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Automobile Out-Wheel Motor Market Sales, 2019-2024, 2025-2030, (K Units)
Global top five Automobile Out-Wheel Motor companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automobile Out-Wheel Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automobile Out-Wheel Motor Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automobile Out-Wheel Motor Market Segment Percentages, by Type, 2023 (%)
Full Out-Wheel
Semi Out-Wheel
Global Automobile Out-Wheel Motor Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automobile Out-Wheel Motor Market Segment Percentages, by Application, 2023 (%)
Commercial Vehicles
Passenger Vehicles
Global Automobile Out-Wheel Motor Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Automobile Out-Wheel Motor Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automobile Out-Wheel Motor revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Automobile Out-Wheel Motor revenues share in global market, 2023 (%)
Key companies Automobile Out-Wheel Motor sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Automobile Out-Wheel Motor sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF
BYD
FDG Electric Vehicles Limited
Zhongzhi New Energy Vehicle
Mercedes-Benz
Protean
Elaphe
NSK
Porsche AG
Audi
Renault S.A.
YUTONG BUS
SUBARU
GAC Honda Automobile
HUAWEI
Schaeffler AG
Tesla Motors
Volkswagen Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automobile Out-Wheel Motor, market overview.
Chapter 2: Global Automobile Out-Wheel Motor market size in revenue and volume.
Chapter 3: Detailed analysis of Automobile Out-Wheel Motor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automobile Out-Wheel Motor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automobile Out-Wheel Motor capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
