In-wheel Motors Market Share: Growth, Analysis, Trends &...

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2024-09-03 14:39:20 -

In-wheel Motors Market Share: Growth, Analysis, Trends & Industry Forecast 2024-2031

“According to SNS Insider Research, the In-wheel Motors Market Share was valued at USD 1.48 billion in 2023. Projected to reach USD 22.61 billion by 2031, the market is anticipated to grow at a compound annual growth rate (CAGR) of 40.5 % during the 2024-2031 forecast period.” In-wheel motors are an innovative propulsion technology where electric motors are mounted directly within...

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