軸流式馬達市場 - 全球產業規模、佔有率、趨勢、機會、預測：按冷卻方式、類型、應用、地區和競爭格局分類，2021-2031年

全球軸流式馬達市場預計將從 2025 年的 2.6371 億美元大幅成長至 2031 年的 6.1381 億美元，複合年成長率將達到 15.12%。

這些電動推進裝置採用與旋轉軸平行的磁通量，與傳統的徑向設計相比，其結構更加緊湊，扭矩密度更高。這一成長主要得益於汽車產業向電氣化轉型，製造商們正不斷尋求更輕的解決方案，以提高車輛效率並延長續航里程。此外，航太產業也在採用這些電機，以滿足電動飛機嚴格的重量要求。根據歐洲汽車工業協會 (EAS) 2025 年的預測，電動車的產量可能占到汽車總產量的 27%，這表明市場對先進動力傳動系統零件的需求前景強勁。

儘管成長勢頭良好，但大規模生產固有的複雜性仍然是市場普及的主要障礙。軸流式馬達的獨特設計需要專門的組裝技術和先進的溫度控管系統，這不可避免地導致其生產成本高於傳統的徑流馬達。這種經濟壁壘目前主要限制了該技術的應用，使其難以快速推廣到價格較親民的車款領域。

市場促進因素

軸流馬達市場的主要驅動力是全球向電動車的快速轉型。汽車製造商越來越青睞這類動力傳動系統，因為它們在緊湊的設計中提供了卓越的功率密度和效率，直接滿足了諸如延長續航里程和減輕車身重量等關鍵需求。電動車的日益普及進一步強化了這一趨勢。國際能源總署（IEA）發布的《2025年全球電動車展望》預測，到2025年6月，全球電動車銷量將超過2,000萬輛，佔所有汽車銷量的四分之一以上。與這一市場擴張趨勢相輔相成的是，其他採用直驅技術的產業也正在蓬勃發展。全球風力發電理事會（GWEC）的一份報告顯示，到2025年，全球風能產業的新增裝置容量預計將達到創紀錄的117吉瓦，這進一步支撐了高磁通量技術的產業可行性。

另一個關鍵促進因素是航太和無人機（UAV）產業對高扭矩重量比推進系統的需求日益成長。特別是電動垂直起降（eVTOL）飛機，它們高度依賴軸流式馬達特有的「扁平」外形來減輕重量，同時確保垂直飛行所需的足夠升力。這種需求的成長正在加速先前僅限於專業原型階段的電機部件的量產。 Joby Aviation於2025年11月發布的2025年第三季股東信中指出，符合型號設計標準的零件產量較上年成長了15倍，凸顯了其為滿足未來電動飛機認證和商業化計劃而迅速擴大的產能。

市場挑戰

全球軸流馬達市場成長的主要限制因素在於實現大規模生產的固有挑戰。與徑流馬達相比，軸流馬達需要複雜的組裝製程和專門的溫度控管解決方案，這顯著增加了生產成本。這種製造複雜性阻礙了規模經濟的實現，並導致單位成本居高不下，使得該技術在大規模生產的電動車領域缺乏經濟吸引力。因此，汽車目的地設備製造商（OEM）主要將此類馬達應用於對價格敏感度較低的高性能和豪華車型，而避開對價格敏感、大規模生產的細分市場，而這些細分市場對於廣泛的市場滲透至關重要。

這些財務限制因當前影響汽車製造業的更廣泛的經濟壓力而進一步加劇，抑制了企業投資高成本零件技術的意願。根據歐洲汽車製造商協會 (ACEA) 的報告，預計到 2025 年上半年，歐洲汽車產量將下降 2.6%，主要原因是能源成本上升和供應鏈中斷。這種製造業萎縮的環境迫使汽車製造商採取規避風險的策略，促使他們選擇成熟且價格合理的徑向磁通技術，而不是複雜但昂貴的替代方案。在製造流程取得足夠進步以降低成本之前，軸流馬達的應用可能仍將局限於小眾領域，從而阻礙整體市場擴張。

市場趨勢

隨著印刷電路基板(PCB) 定子技術的應用，市場正經歷重大變革。該技術以更輕的蝕刻銅結構取代了傳統的笨重銅繞鐵芯。這種創新設計透過顯著降低馬達品質並消​​除齒槽轉矩，有效滿足了工業和商業應用中對效率的關鍵要求。該技術能夠在保持高功率密度的同時最大限度地減少材料消耗，因此正在加速其在以減重為首要任務的重型應用中的普及。 2025 年 2 月，《ACHR 新聞》發表了一篇題為「Infinitum 在 2025 年 AHR 展會上發布環保電機系統」的報導，重點介紹了 Infinitum 的新型重型電機系統。該系統比傳統的鐵芯馬達輕 50%，充分展現了基於 PCB 設計的顯著減重能力。

軸流式拓樸結構的纖薄設計使得緊湊型輪轂輪轂式馬達系統的應用成為新興的變革趨勢。製造商正利用這種配置將驅動系統直接整合到車輪組件中，從而釋放底盤空間，並提高電池容量和乘客舒適度。這種方法省去了中央驅動佈局中必不可少的傳動軸和差速器等部件，顯著降低了整車重量。正如 Alloy Mag 於 2025 年 12 月發表的題為“Pancake Power”（扁平動力）的報導中所報道，YASA 展示了一款原型輪內馬達，該電機可將現有電動汽車架構的重量減輕 440 磅（約 200 公斤），充分證明了通過採用輪轂安裝的軸流式磁道可以實現的結構效率。

目錄

第1章概述

第2章：調查方法

第3章執行摘要

第4章：客戶心聲

第5章：全球軸流式馬達市場展望

• 市場規模及預測
  • 按金額
• 市佔率及預測
  • 透過冷卻方式（空氣冷卻、水冷卻）
  • 按類型（雙轉子單定子；單轉子雙定子）
  • 依應用領域（一般製造業、發電業、建築業、汽車業、航太、船舶業、農業及其他）
  • 按地區
  • 按公司（2025 年）
• 市場地圖

第6章：北美軸流式馬達市場展望

• 市場規模及預測
• 市佔率及預測
• 北美洲：國別分析
  • 美國
  • 加拿大
  • 墨西哥

第7章：歐洲軸流式馬達市場展望

• 市場規模及預測
• 市佔率及預測
• 歐洲：國別分析
  • 德國
  • 法國
  • 英國
  • 義大利
  • 西班牙

第8章：亞太地區軸流式馬達市場展望

• 市場規模及預測
• 市佔率及預測
• 亞太地區：國別分析
  • 中國
  • 印度
  • 日本
  • 韓國
  • 澳洲

第9章：中東與非洲軸流馬達市場展望

• 市場規模及預測
• 市佔率及預測
• 中東與非洲：國別分析
  • 沙烏地阿拉伯
  • 阿拉伯聯合大公國
  • 南非

第10章：南美洲軸流馬達市場展望

• 市場規模及預測
• 市佔率及預測
• 南美洲：國別分析
  • 巴西
  • 哥倫比亞
  • 阿根廷

第11章 市場動態

• 促進因素
• 任務

第12章 市場趨勢與發展

• 併購
• 產品發布
• 近期趨勢

第13章：全球軸流式馬達市場：SWOT分析

第14章：波特五力分析

• 產業競爭
• 新進入者的潛力
• 供應商的議價能力
• 顧客權力
• 替代品的威脅

第15章 競爭格局

• YASA Ltd.
• Emrax doo
• GKN Automotive Limited
• BorgWarner Inc.
• Apex Dynamics, Inc.
• Infinitum Electric, Inc.
• PMS Motors srl
• Rotary Power Ltd.

第16章 策略建議

第17章：關於研究公司及免責聲明

The global market for axial flux motors is anticipated to expand significantly, rising from USD 263.71 Million in 2025 to USD 613.81 Million by 2031, demonstrating a Compound Annual Growth Rate (CAGR) of 15.12%. These electric propulsion units are characterized by their magnetic flux travelling parallel to the rotation axis, which results in a smaller form factor and higher torque density compared to traditional radial designs. This growth is largely fueled by the automotive industry's pivot towards electrification, as manufacturers increasingly seek lighter solutions to enhance vehicle efficiency and extend range. Furthermore, the aerospace industry is adopting these motors to satisfy critical weight specifications for electric aircraft. Forecasts from the European Association of Automotive Suppliers for 2025 indicate that electric vehicles could account for up to 27 percent of total vehicle production, underscoring a strong demand outlook for advanced powertrain components.

Despite this promising growth, a major hurdle for widespread market adoption is the inherent complexity of high-volume manufacturing. The distinct design of axial flux motors necessitates specialized assembly techniques and sophisticated thermal management systems, which invariably drive up production expenses when compared to conventional radial flux motors. This financial impediment currently confines the application of this technology mainly to premium segments, thereby hindering its swift integration into more budget-friendly vehicle categories.

Market Driver

The predominant driver for the axial flux motors market is the rapid global shift towards electric transportation. Automotive manufacturers are increasingly favoring these powertrains because they offer excellent power density and efficiency in a compact design, directly meeting the crucial requirements for greater vehicle range and reduced chassis weight. This trend is reinforced by the escalating adoption of electric vehicles, with the International Energy Agency's 'Global EV Outlook 2025' anticipating electric car sales to surpass 20 million units globally, making up over a quarter of all cars sold by June 2025. Complementing this expanding landscape, other sectors employing direct-drive technologies are also growing; the Global Wind Energy Council reported a record 117 GW of new capacity installed by the global wind industry in the preceding year by 2025, further confirming the industrial viability of high-flux technologies.

A secondary significant driver is the growing demand for propulsion systems with a high torque-to-weight ratio within the aerospace and Unmanned Aerial Vehicle (UAV) industries. Electric Vertical Take-Off and Landing (eVTOL) aircraft, in particular, depend heavily on the distinct "pancake" shape of axial flux motors to reduce mass while still providing the substantial lift necessary for vertical flight. This escalating demand is accelerating the industrial production of motor components that were previously confined to specialized prototyping. Joby Aviation's 'Q3 2025 Shareholder Letter' in November 2025 noted a 15-fold increase in the production of type-design conforming parts compared to the previous year, underscoring the rapid scale-up in manufacturing to meet the certification and commercialization schedules for future electric aircraft.

Market Challenge

The main impediment to the growth of the global axial flux motors market is the inherent challenge of achieving volume manufacturing. In contrast to radial flux motors, axial flux designs necessitate complex assembly processes and specialized thermal management solutions, substantially increasing production costs. These manufacturing intricacies hinder the achievement of economies of scale, maintaining high unit costs and thereby making the technology less economically attractive for mass-market electric vehicles. As a result, automotive Original Equipment Manufacturers (OEMs) predominantly limit the use of these motors to high-performance or luxury models where price sensitivity is lower, steering clear of the budget-conscious, high-volume segments crucial for broad market penetration.

This financial limitation is compounded by wider economic pressures currently impacting the automotive manufacturing industry, which disincentivize investment in costly component technologies. The European Automobile Manufacturers' Association reported a 2.6 percent contraction in European vehicle production during the first half of 2025, largely attributed to elevated energy costs and supply chain disruptions. Such a contracting manufacturing landscape compels automakers to adopt a risk-averse approach, preferring proven, more affordable radial flux technologies over sophisticated but expensive alternatives. Until manufacturing processes advance sufficiently to reduce costs, the adoption of axial flux motors will likely continue to be confined to specialized applications, thereby hindering the market's overall expansion.

Market Trends

The market is undergoing a significant transformation with the adoption of Printed Circuit Board (PCB) Stator Technology, which substitutes traditional heavy copper-wound iron cores with lighter, etched copper structures. This innovative design substantially decreases motor mass and eradicates cogging torque, effectively addressing crucial efficiency requirements across industrial and commercial applications. The technology's capacity to minimize material consumption while preserving high power density is accelerating its integration into heavy-duty uses where weight reduction is a primary concern. An ACHR News article from February 2025, 'Infinitum Unveils Eco-Friendly Motor System at AHR Expo 2025', highlighted a new heavy-duty motor system from Infinitum that is 50 percent lighter than conventional iron-core motors, confirming the considerable weight-saving capabilities of PCB-based designs.

A transformative trend emerging is the use of compact in-wheel and hub-motor systems, made possible by the slender design of axial flux topologies. Manufacturers are utilizing this configuration to directly integrate propulsion into the wheel assembly, thereby liberating chassis space for increased battery capacity and enhanced passenger comfort. This approach enables significant reductions in the overall curb weight of vehicles by eliminating components like driveshafts and differentials, which are essential in central drive layouts. As reported by Alloy Mag in December 2025, in the article 'Pancake Power', YASA showcased a prototype in-wheel motor design that could reduce the weight of existing electric vehicle architectures by 440 pounds, illustrating the structural efficiency improvements attainable with hub-mounted axial flux implementation.

Key Market Players

• YASA Ltd.
• Emrax d.o.o.
• GKN Automotive Limited
• BorgWarner Inc.
• Apex Dynamics, Inc.
• Infinitum Electric, Inc.
• PMS Motors s.r.l.
• Rotary Power Ltd.

Report Scope

In this report, the Global Axial Flux Motors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Axial Flux Motors Market, By Cooling Process

• Air Cooling
• Liquid Cooling

Axial Flux Motors Market, By Type

• Dual-Rotor Single Stator
• Single-Rotor Dual-Stator

Axial Flux Motors Market, By Application

• General Manufacturing
• Power
• Construction
• Automotive
• Aerospace
• Marine
• Agriculture
• Others

Axial Flux Motors Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Axial Flux Motors Market.

Available Customizations:

Global Axial Flux Motors Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Axial Flux Motors Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Cooling Process (Air Cooling, Liquid Cooling)
  • 5.2.2. By Type (Dual-Rotor Single Stator, Single-Rotor Dual-Stator)
  • 5.2.3. By Application (General Manufacturing, Power, Construction, Automotive, Aerospace, Marine, Agriculture, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Axial Flux Motors Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Cooling Process
  • 6.2.2. By Type
  • 6.2.3. By Application
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Axial Flux Motors Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Cooling Process
      • 6.3.1.2.2. By Type
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Axial Flux Motors Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Cooling Process
      • 6.3.2.2.2. By Type
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Axial Flux Motors Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Cooling Process
      • 6.3.3.2.2. By Type
      • 6.3.3.2.3. By Application

7. Europe Axial Flux Motors Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Cooling Process
  • 7.2.2. By Type
  • 7.2.3. By Application
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Axial Flux Motors Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Cooling Process
      • 7.3.1.2.2. By Type
      • 7.3.1.2.3. By Application
  • 7.3.2. France Axial Flux Motors Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Cooling Process
      • 7.3.2.2.2. By Type
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Axial Flux Motors Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Cooling Process
      • 7.3.3.2.2. By Type
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Axial Flux Motors Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Cooling Process
      • 7.3.4.2.2. By Type
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Axial Flux Motors Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Cooling Process
      • 7.3.5.2.2. By Type
      • 7.3.5.2.3. By Application

8. Asia Pacific Axial Flux Motors Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Cooling Process
  • 8.2.2. By Type
  • 8.2.3. By Application
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Axial Flux Motors Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Cooling Process
      • 8.3.1.2.2. By Type
      • 8.3.1.2.3. By Application
  • 8.3.2. India Axial Flux Motors Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Cooling Process
      • 8.3.2.2.2. By Type
      • 8.3.2.2.3. By Application
  • 8.3.3. Japan Axial Flux Motors Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Cooling Process
      • 8.3.3.2.2. By Type
      • 8.3.3.2.3. By Application
  • 8.3.4. South Korea Axial Flux Motors Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Cooling Process
      • 8.3.4.2.2. By Type
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Axial Flux Motors Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Cooling Process
      • 8.3.5.2.2. By Type
      • 8.3.5.2.3. By Application

9. Middle East & Africa Axial Flux Motors Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Cooling Process
  • 9.2.2. By Type
  • 9.2.3. By Application
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Axial Flux Motors Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Cooling Process
      • 9.3.1.2.2. By Type
      • 9.3.1.2.3. By Application
  • 9.3.2. UAE Axial Flux Motors Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Cooling Process
      • 9.3.2.2.2. By Type
      • 9.3.2.2.3. By Application
  • 9.3.3. South Africa Axial Flux Motors Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Cooling Process
      • 9.3.3.2.2. By Type
      • 9.3.3.2.3. By Application

10. South America Axial Flux Motors Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Cooling Process
  • 10.2.2. By Type
  • 10.2.3. By Application
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Axial Flux Motors Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Cooling Process
      • 10.3.1.2.2. By Type
      • 10.3.1.2.3. By Application
  • 10.3.2. Colombia Axial Flux Motors Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Cooling Process
      • 10.3.2.2.2. By Type
      • 10.3.2.2.3. By Application
  • 10.3.3. Argentina Axial Flux Motors Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Cooling Process
      • 10.3.3.2.2. By Type
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Axial Flux Motors Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. YASA Ltd.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Emrax d.o.o.
• 15.3. GKN Automotive Limited
• 15.4. BorgWarner Inc.
• 15.5. Apex Dynamics, Inc.
• 15.6. Infinitum Electric, Inc.
• 15.7. PMS Motors s.r.l.
• 15.8. Rotary Power Ltd.

16. Strategic Recommendations

17. About Us & Disclaimer