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Technavio has been monitoring the automotive in-wheel motor market and it is poised to grow by 400.99 thousand units during 2020-2024, progressing at a CAGR of about 89% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201216005131/en/
Technavio has announced its latest market research report titled Global Automotive In-wheel Motor Market 2020-2024 (Graphic: Business Wire) Click Get a Free sample report in minutes
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low imp
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