In-Wheel Motor Market Worth $2,641.1 Million by 2025
The report "In-Wheel Motor Market by Propulsion (BEV, HEV, PHEV, and FCEV), Vehicle (PC and CV), Motor (Axial Flux and Radial Flux), Cooling (Air and Liquid), Power Output (Up to 60 KW, 60–90 KW, and Above 90 Kw), and Region - Global Forecast to 2025", Global in-wheel motor market is projected to grow at a CAGR of 35.02% from USD 322.8 million in 2018 to reach USD 2,641.1 million by 2025.
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