30% CAGR Drives In-wheel Motor Market to USD 17 Billion Milestone by 2033
The global In-wheel Motor Market, valued at USD 1.2 billion in 2023, is projected to surge to USD 17 billion by 2033, achieving an impressive CAGR of 30%. Driven by the rapid rise of electric vehicles (EVs), advancements in motor efficiency, and demand for lightweight automotive solutions, this market is revolutionizing vehicle design and performance. This press release explores key growth...
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