US In-Wheel Motors Market Research Report By Propulsion Type (BEV, PHEV, FCEV, Cooling Type, Air Cooling, Liquid Cooling) - Forecast to 2035

US In-Wheel Motors Market Overview:

As per MRFR analysis, the US In-Wheel Motors Market Size was estimated at 1.07 (USD Billion) in 2023. The US In-Wheel Motors Market Industry is expected to grow from 1.47(USD Billion) in 2024 to 12.5 (USD Billion) by 2035. The US In-Wheel Motors Market CAGR (growth rate) is expected to be around 21.481% during the forecast period (2025 - 2035).

Key US In-Wheel Motors Market Trends Highlighted

The US In-Wheel Motors Market is experiencing notable trends that point towards a transformative change in the automotive and mobility landscape. One key market driver is the increasing focus on electric vehicles (EVs) as the US government has set ambitious targets for EV adoption to reduce greenhouse gas emissions. This governmental push is coupled with advancements in battery technology, enhancing the feasibility of in-wheel motors, which improve vehicle efficiency and performance. Moreover, consumers in the US are showing a growing preference for innovative vehicle designs, which aligns well with the compact nature of in-wheel motors, offering automakers flexibility in design while maximizing space.Opportunities within the market are emerging as well, particularly in the realm of lightweight vehicle structures and the integration of advanced driver-assistance systems (ADAS). As the automotive industry embraces sustainability, manufacturers and consumers may capture the benefits of in-wheel motors that promise higher torque and more responsive vehicle handling. Additionally, as demand for purpose-built vehicles rises, solutions like these motors can cater to specialized applications such as urban logistics and mobility scooters. In recent times, there has been a shift towards collaborative partnerships among automotive manufacturers and tech companies in the US, aiming to innovate and refine in-wheel motor technologies.Such collaborations foster research and development initiatives that can drive the market forward. Additionally, supply chain dynamics adapting from past disruptions have prompted local sourcing and production strategies, enhancing job opportunities and boosting the economy. Overall, the trends in the US In-Wheel Motors Market are aligning with broader societal shifts towards sustainable, efficient, and innovative transportation solutions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US In-Wheel Motors Market Drivers

Growing Demand for Electric Vehicles

The US In-Wheel Motors Market Industry is benefitting from an exponential increase in the demand for electric vehicles (EVs). According to the US Department of Energy, sales of electric vehicles in the United States rose more than 60% in 2021 compared to the previous year, showcasing a clear shift towards sustainable transportation. With established automakers like Tesla, General Motors, and Ford investing significantly in electric vehicle technology, the transition to EVs is accelerating.This shift not only enhances the interest in innovative technologies such as in-wheel motors for better energy efficiency and performance, but it also supports green energy initiatives backed by government policies, further propelling the market growth in the US. As EV adoption is projected to rise dramatically, the integration of in-wheel motors is likely to facilitate improved vehicle dynamics and design flexibility, making them an attractive option for manufacturers and consumers alike.

Technological Advancements and Innovations

Technological advancements play a crucial role in the growth of the US In-Wheel Motors Market Industry. The National Highway Traffic Safety Administration has emphasized the importance of innovation in the automotive sector, encouraging companies to adopt advanced technologies to enhance safety and performance. With companies like Audi and BMW investing heavily in R&D, the development of more efficient and lightweight in-wheel motors is rapidly progressing.As vehicle design paradigms shift, the inherent benefits of in-wheel motors, such as reduced weight and improved vehicle maneuverability, will likely attract significant attention. Moreover, advancements in battery technology, driven by organizations like the US Department of Energy, are expected to provide better energy storage solutions, further driving the adoption of electric vehicles equipped with in-wheel motors.

Increasing Focus on Weight Reduction in Vehicles

The US automotive industry has been increasingly focused on weight reduction to improve fuel efficiency and overall vehicle performance, which directly benefits the US In-Wheel Motors Market Industry. According to the Environmental Protection Agency, a reduction in vehicle weight leads to improved fuel economy, making vehicles more environmentally friendly. Companies such as Ford and General Motors have adopted lightweight materials and new automotive technologies to meet stringent regulations on emissions and fuel economy.In-wheel motors contribute to this objective by eliminating the need for bulky drivetrain components and central motors, thus allowing for a more compact and lighter vehicle design. As automotive manufacturers strive to enhance fuel efficiency and comply with government regulations, the adoption of in-wheel motors will likely see significant growth.

US In-Wheel Motors Market Segment Insights:

In-Wheel Motors Market Propulsion Type Insights

The US In-Wheel Motors Market, particularly in terms of Propulsion Type, showcases a dynamic and rapidly evolving landscape, reflecting significant changes in transportation technologies and consumer preferences. The market is primarily segmented into various categories, such as Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), Fuel Cell Electric Vehicles (FCEV), and related cooling technologies including Air Cooling and Liquid Cooling. The growth of BEV is particularly notable, driven by increasing environmental concerns and a strong push from both consumers and government policies towards sustainability.

As the demand for zero-emission vehicles rises, BEVs have emerged as a leading segment in the market, capitalizing on advancements in battery technologies that enhance range and performance.PHEVs command considerable interest as they offer a bridge between traditional internal combustion engines and fully electric options, enabling consumers to transition to electric mobility while maintaining the flexibility of a gasoline engine. This hybrid approach allows for extended range and reduced range anxiety, appealing to a broader audience including those who may be hesitant to fully commit to BEVs. FCEVs, although a smaller segment, are gaining traction in specific applications where rapid refueling and longer ranges are critical. With ongoing developments in hydrogen infrastructure and technology, FCEVs present unique advantages, particularly for commercial and fleet operations that prioritize efficiency and sustainability.

Cooling technologies play an essential role in optimizing the performance of in-wheel motors, influencing factors like efficiency and longevity. Both Air Cooling and Liquid Cooling systems are vital in managing the thermal dynamics of electric powertrains, ensuring that in-wheel motors operate effectively without overheating during intensive use. The choice between cooling methods can affect vehicle design and energy consumption, making it a crucial consideration in vehicle production.Overall, the Energy Policy Act and various state incentives related to electric vehicles in the US create a favorable regulatory landscape that fosters growth across these propulsion types. The ongoing trends towards electrification and sustainability not only fuel the US In-Wheel Motors Market but also highlight the diverse opportunities and challenges within the segments of Propulsion Type, driving advancements in technology and consumer adoption.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

US In-Wheel Motors Market Key Players and Competitive Insights:

The US In-Wheel Motors Market is characterized by rapid advancements in electric vehicle technology and a growing emphasis on energy efficiency, prompting various stakeholders to explore innovative solutions. Competitive insights emphasize the race among key industry players to capture market share while focusing on developing high-performance in-wheel motor systems. The market landscape is becoming increasingly dynamic due to the integration of advanced technologies such as artificial intelligence and the Internet of Things, fostering enhancements in vehicle performance, driving dynamics, and overall efficiency. Understanding competitive intricacies is essential for stakeholders looking to navigate opportunities and challenges in this sector.

Bosch stands out in the US In-Wheel Motors Market due to its extensive portfolio and formidable expertise in automotive technologies. The company has fostered a robust research and development framework, allowing it to introduce cutting-edge in-wheel motor solutions that align with the growing demand for electric vehicles. Bosch's commitment to sustainability and innovation has enabled it to maintain a strong presence in North America, focusing on performance enhancements that drive market acceptance of in-wheel motors.

The company's established partnerships with manufacturers and significant investments in regional production facilities bolster its competitive edge. Furthermore, Bosch's reputation for reliability and high-quality engineering continues to reinforce customer trust, ensuring ongoing growth within the evolving landscape of electric mobility.Valeo has made a significant impact in the US In-Wheel Motors Market, marked by its focus on innovative solutions that enhance the efficiency of electric and hybrid vehicles. The company's portfolio includes state-of-the-art in-wheel motor systems designed to optimize space and weight, contributing to vehicle performance and overall effectiveness.

Valeo's proactive market presence is reinforced by its strategic focus on sustainability, showcasing a strong alignment with industry trends favoring green mobility solutions. In recent years, the company has pursued various mergers and acquisitions to strengthen its technological capabilities and expand its market reach in the US. Valeo's commitment to investing in advanced manufacturing processes and partnerships with key automotive manufacturers positions it favorably within the competitive landscape, enabling the company to capitalize on the growing demand for electric vehicle components.

Key Companies in the US In-Wheel Motors Market Include:

Bosch

Valeo

Protean Electric

Aptiv

Tesla

Ford Motor Company

Nidec Corporation

Elaphe Propulsion Technologies

Yamaha Motor

Magna International

Continental AG

Mitsubishi Motors

General Motors

Hitachi Automotive Systems

Brembo

US In-Wheel Motors Market Industry Developments

Recent developments in the US In-Wheel Motors Market have been significant, driven by advancements in electric vehicle technology and a push for sustainable transportation solutions. Companies such as Bosch and Valeo are exploring innovative designs to improve vehicle efficiency, while Tesla continues to lead in electric vehicle production, demonstrating heightened demand for in-wheel motor technology. In September 2023, Protean Electric announced a collaboration with a prominent automotive manufacturer to integrate advanced in-wheel motors into upcoming models, signaling a growing trend of partnerships in the sector.

Ford Motor Company is also investing heavily in in-wheel motor technology to enhance its electric vehicle lineup. Notably, Nidec Corporation revealed a strategic acquisition of a small automotive component firm in July 2023 to bolster its capabilities in electric drivetrains. The market has experienced robust growth, with an increase in valuation largely due to the rising adoption of electric vehicles. Over the past few years, advancements like modular in-wheel systems from Elaphe Propulsion Technologies and partnerships between Magna International and major car brands have solidified the role of in-wheel motors in transforming vehicle design and performance in the US automotive market.

US In-Wheel Motors Market Segmentation Insights

In-Wheel Motors Market Propulsion Type Outlook

BEV

PHEV

FCEV

Cooling Type

Air Cooling

Liquid Cooling

Report Attribute/Metric Source:	Details
MARKET SIZE 2018	1.07(USD Billion)
MARKET SIZE 2024	1.47(USD Billion)
MARKET SIZE 2035	12.5(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	21.481% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Bosch, Valeo, Protean Electric, Aptiv, Tesla, Ford Motor Company, Nidec Corporation, Elaphe Propulsion Technologies, Yamaha Motor, Magna International, Continental AG, Mitsubishi Motors, General Motors, Hitachi Automotive Systems, Brembo
SEGMENTS COVERED	Propulsion Type
KEY MARKET OPPORTUNITIES	Electric vehicle adoption surge, Technological advancements in motor design, Growth in autonomous vehicle sector, Increased demand for efficient space utilization, Rising focus on sustainable transportation solutions.
KEY MARKET DYNAMICS	Growing electric vehicle adoption, Enhanced vehicle performance efficiency, Increased consumer demand for innovation, Environmental regulations and sustainability, Investment in automotive R&D
COUNTRIES COVERED	US