In-Wheel Motor Industry Insights: Market Drivers and Growth Trends...

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2025-09-11 15:44:55 -

In-Wheel Motor Industry Insights: Market Drivers and Growth Trends 2032

The In-Wheel Motor Market is witnessing unprecedented momentum as the global shift toward electrification and autonomous mobility accelerates. Valued at US$ 1,267.32 million in 2024, the market is projected to expand at a remarkable CAGR of 32.90% from 2025 to 2032. By integrating electric motors directly into vehicle wheels, in-wheel motor technology offers a groundbreaking alternative to...

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