Global Power Electronics for Electric Vehicle Market Overview
The Global Power Electronics for Electric Vehicle Market size is expected to grow from USD 8.85 billion in 2022 to USD 101.76 billion by 2030, at a CAGR of 35.70% during the forecast period (2023-2030).
Power electronics in electric vehicles are in charge of converting and managing the system's supply of electric power. The electric vehicle system uses some of the main power electronic components and functionality. These include onboard chargers, converters, and inverters. Power electronic devices can be used to efficiently carry out operations at high voltage or current because they provide a quicker switching rate a better efficiency. In addition, power electronics regulate the flow of energy in both directions, depending on demand, and the regenerated energy can be returned to the utility. Power electronics, a crucial technology that provides the conversion to run motors, battery storage, and generators, are utilized in many applications to enhance energy management. The necessity for power converters with high reliability and straightforward maintenance needs grows as a result of the complex electrical designs used in maritime applications.
Market Dynamics And Factors For Power Electronics for Electric Vehicle Market
Drivers:
- Advancement in Energy-Efficient Electric Vehicles
Restraints:
- Fluctuating Prices of Semiconductor Chipsets
Opportunities:
- Development of High-Performance Semiconductors for EV Power Electronics
Challenges:
- Raw Material Sourcing and Global Supply Chain
COVID-19 Impact Analysis on Power Electronics for Electric Vehicle Market
COVID-19 has decimated multiple industries including auto manufacturing. Behind the falling demand for motor vehicles comes a new forecast of a 16% decline in sales of auto power semiconductors for all of 2020. These semis include power discrete, power modules, and power integrated circuits used throughout electronics systems in cars and trucks. In recent years before 2020, there had been strong annual growth in the segment in the high single digits, the firm said. Vehicle sales could rebound in 2021 if there is no second wave of the virus, which would increase power semi sales to the mid-20% range. Global electric vehicle sales in 2020 are the subject of a two-act play. Lockdown procedures crippled supply networks and industrial plants in the first half of 2020, while consumer demand was also affected. This was true in the People's Republic of China from February to March, as well as in the United States and Europe from March to May. Although the lockout had an impact on electric vehicle sales, there were early indications of the market's resiliency for two key reasons. By 2022, recovery is expected from the EV industry which is likely to reflect on Power of Electronics for Electric Vehicle Market.
Top Key Players Involved Are:
- Denso Corporation
- Robert Bosch GmbH
- Infineon Technologies AG
- Delphi Technologies
- Continental AG
- Hitachi Automotive Systems Ltd.
- Valeo
- Mitsubishi Electric Corporation
- Denso Corporation
- Infineon Technologies
- Robert Bosch GmbH
- Hella
- Panasonic Corporation
- Tesla Inc.
- Toyota Industries Corporation
- Hangzhou Tiecheng Information Technology and other major players.
Key Industry Developments In The Power Electronics for Electric Vehicle Market
- May 2022, Hitachi Energy, a leader in power grid technology and the market, announced that RoadPak, a ground-breaking power semiconductor module for electric cars, would be made available internationally.
Global Power Electronics for Electric Vehicle Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2021 |
Market Size in 2022: |
USD 8.85 Bn. |
Forecast Period 2022-28 CAGR: |
35.70% |
Market Size in 2030: |
USD 101.76 Bn. |
Segments Covered: |
By Application |
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By End-Use |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Application
3.2 By End-Use
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Power Electronics for Electric Vehicle Market by Application
5.1 Power Electronics for Electric Vehicle Market Overview Snapshot and Growth Engine
5.2 Power Electronics for Electric Vehicle Market Overview
5.3 Inverter
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Inverter: Grographic Segmentation
5.4 Converter
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Converter: Grographic Segmentation
5.5 On-board Charger
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 On-board Charger: Grographic Segmentation
Chapter 6: Power Electronics for Electric Vehicle Market by End-Use
6.1 Power Electronics for Electric Vehicle Market Overview Snapshot and Growth Engine
6.2 Power Electronics for Electric Vehicle Market Overview
6.3 Automotive
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Automotive: Grographic Segmentation
6.4 Railways
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Railways: Grographic Segmentation
6.5 Marine
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Marine: Grographic Segmentation
6.6 Electrically Powered Airborne Vehicles
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Electrically Powered Airborne Vehicles: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Power Electronics for Electric Vehicle Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Power Electronics for Electric Vehicle Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Power Electronics for Electric Vehicle Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 DENSO CORPORATION
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 ROBERT BOSCH GMBH
7.4 INFINEON TECHNOLOGIES AG
7.5 DELPHI TECHNOLOGIES
7.6 CONTINENTAL AG
7.7 HITACHI AUTOMOTIVE SYSTEMS LTD.
7.8 VALEO
7.9 MITSUBISHI ELECTRIC CORPORATION
7.10 DENSO CORPORATION
7.11 INFINEON TECHNOLOGIES
7.12 ROBERT BOSCH GMBH
7.13 HELLA
7.14 PANASONIC CORPORATION
7.15 TESLA INC.
7.16 TOYOTA INDUSTRIES CORPORATION
7.17 HANGZHOU TIECHENG INFORMATION TECHNOLOGY
7.18 OTHER MAJOR PLAYERS
Chapter 8: Global Power Electronics for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Application
8.2.1 Inverter
8.2.2 Converter
8.2.3 On-board Charger
8.3 Historic and Forecasted Market Size By End-Use
8.3.1 Automotive
8.3.2 Railways
8.3.3 Marine
8.3.4 Electrically Powered Airborne Vehicles
Chapter 9: North America Power Electronics for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Application
9.4.1 Inverter
9.4.2 Converter
9.4.3 On-board Charger
9.5 Historic and Forecasted Market Size By End-Use
9.5.1 Automotive
9.5.2 Railways
9.5.3 Marine
9.5.4 Electrically Powered Airborne Vehicles
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Power Electronics for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Application
10.4.1 Inverter
10.4.2 Converter
10.4.3 On-board Charger
10.5 Historic and Forecasted Market Size By End-Use
10.5.1 Automotive
10.5.2 Railways
10.5.3 Marine
10.5.4 Electrically Powered Airborne Vehicles
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Power Electronics for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Application
11.4.1 Inverter
11.4.2 Converter
11.4.3 On-board Charger
11.5 Historic and Forecasted Market Size By End-Use
11.5.1 Automotive
11.5.2 Railways
11.5.3 Marine
11.5.4 Electrically Powered Airborne Vehicles
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Power Electronics for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Application
12.4.1 Inverter
12.4.2 Converter
12.4.3 On-board Charger
12.5 Historic and Forecasted Market Size By End-Use
12.5.1 Automotive
12.5.2 Railways
12.5.3 Marine
12.5.4 Electrically Powered Airborne Vehicles
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Power Electronics for Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Application
13.4.1 Inverter
13.4.2 Converter
13.4.3 On-board Charger
13.5 Historic and Forecasted Market Size By End-Use
13.5.1 Automotive
13.5.2 Railways
13.5.3 Marine
13.5.4 Electrically Powered Airborne Vehicles
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Power Electronics for Electric Vehicle Market |
|||
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2017 to 2021 |
Market Size in 2022: |
USD 8.85 Bn. |
Forecast Period 2022-28 CAGR: |
35.70% |
Market Size in 2030: |
USD 101.76 Bn. |
Segments Covered: |
By Application |
|
|
By End-Use |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET COMPETITIVE RIVALRY
TABLE 005. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET THREAT OF NEW ENTRANTS
TABLE 006. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET THREAT OF SUBSTITUTES
TABLE 007. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET BY APPLICATION
TABLE 008. INVERTER MARKET OVERVIEW (2016-2028)
TABLE 009. CONVERTER MARKET OVERVIEW (2016-2028)
TABLE 010. ON-BOARD CHARGER MARKET OVERVIEW (2016-2028)
TABLE 011. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET BY END-USE
TABLE 012. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
TABLE 013. RAILWAYS MARKET OVERVIEW (2016-2028)
TABLE 014. MARINE MARKET OVERVIEW (2016-2028)
TABLE 015. ELECTRICALLY POWERED AIRBORNE VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 017. NORTH AMERICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY END-USE (2016-2028)
TABLE 018. N POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 020. EUROPE POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY END-USE (2016-2028)
TABLE 021. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 023. ASIA PACIFIC POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY END-USE (2016-2028)
TABLE 024. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY END-USE (2016-2028)
TABLE 027. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 029. SOUTH AMERICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY END-USE (2016-2028)
TABLE 030. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 031. DENSO CORPORATION: SNAPSHOT
TABLE 032. DENSO CORPORATION: BUSINESS PERFORMANCE
TABLE 033. DENSO CORPORATION: PRODUCT PORTFOLIO
TABLE 034. DENSO CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. ROBERT BOSCH GMBH: SNAPSHOT
TABLE 035. ROBERT BOSCH GMBH: BUSINESS PERFORMANCE
TABLE 036. ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 037. ROBERT BOSCH GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. INFINEON TECHNOLOGIES AG: SNAPSHOT
TABLE 038. INFINEON TECHNOLOGIES AG: BUSINESS PERFORMANCE
TABLE 039. INFINEON TECHNOLOGIES AG: PRODUCT PORTFOLIO
TABLE 040. INFINEON TECHNOLOGIES AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. DELPHI TECHNOLOGIES: SNAPSHOT
TABLE 041. DELPHI TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 042. DELPHI TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 043. DELPHI TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. CONTINENTAL AG: SNAPSHOT
TABLE 044. CONTINENTAL AG: BUSINESS PERFORMANCE
TABLE 045. CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 046. CONTINENTAL AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. HITACHI AUTOMOTIVE SYSTEMS LTD.: SNAPSHOT
TABLE 047. HITACHI AUTOMOTIVE SYSTEMS LTD.: BUSINESS PERFORMANCE
TABLE 048. HITACHI AUTOMOTIVE SYSTEMS LTD.: PRODUCT PORTFOLIO
TABLE 049. HITACHI AUTOMOTIVE SYSTEMS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. VALEO: SNAPSHOT
TABLE 050. VALEO: BUSINESS PERFORMANCE
TABLE 051. VALEO: PRODUCT PORTFOLIO
TABLE 052. VALEO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. MITSUBISHI ELECTRIC CORPORATION: SNAPSHOT
TABLE 053. MITSUBISHI ELECTRIC CORPORATION: BUSINESS PERFORMANCE
TABLE 054. MITSUBISHI ELECTRIC CORPORATION: PRODUCT PORTFOLIO
TABLE 055. MITSUBISHI ELECTRIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. DENSO CORPORATION: SNAPSHOT
TABLE 056. DENSO CORPORATION: BUSINESS PERFORMANCE
TABLE 057. DENSO CORPORATION: PRODUCT PORTFOLIO
TABLE 058. DENSO CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. INFINEON TECHNOLOGIES: SNAPSHOT
TABLE 059. INFINEON TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 060. INFINEON TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 061. INFINEON TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. ROBERT BOSCH GMBH: SNAPSHOT
TABLE 062. ROBERT BOSCH GMBH: BUSINESS PERFORMANCE
TABLE 063. ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 064. ROBERT BOSCH GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. HELLA: SNAPSHOT
TABLE 065. HELLA: BUSINESS PERFORMANCE
TABLE 066. HELLA: PRODUCT PORTFOLIO
TABLE 067. HELLA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. PANASONIC CORPORATION: SNAPSHOT
TABLE 068. PANASONIC CORPORATION: BUSINESS PERFORMANCE
TABLE 069. PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 070. PANASONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. TESLA INC.: SNAPSHOT
TABLE 071. TESLA INC.: BUSINESS PERFORMANCE
TABLE 072. TESLA INC.: PRODUCT PORTFOLIO
TABLE 073. TESLA INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. TOYOTA INDUSTRIES CORPORATION: SNAPSHOT
TABLE 074. TOYOTA INDUSTRIES CORPORATION: BUSINESS PERFORMANCE
TABLE 075. TOYOTA INDUSTRIES CORPORATION: PRODUCT PORTFOLIO
TABLE 076. TOYOTA INDUSTRIES CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. HANGZHOU TIECHENG INFORMATION TECHNOLOGY: SNAPSHOT
TABLE 077. HANGZHOU TIECHENG INFORMATION TECHNOLOGY: BUSINESS PERFORMANCE
TABLE 078. HANGZHOU TIECHENG INFORMATION TECHNOLOGY: PRODUCT PORTFOLIO
TABLE 079. HANGZHOU TIECHENG INFORMATION TECHNOLOGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 080. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 081. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 082. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY APPLICATION
FIGURE 012. INVERTER MARKET OVERVIEW (2016-2028)
FIGURE 013. CONVERTER MARKET OVERVIEW (2016-2028)
FIGURE 014. ON-BOARD CHARGER MARKET OVERVIEW (2016-2028)
FIGURE 015. POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY END-USE
FIGURE 016. AUTOMOTIVE MARKET OVERVIEW (2016-2028)
FIGURE 017. RAILWAYS MARKET OVERVIEW (2016-2028)
FIGURE 018. MARINE MARKET OVERVIEW (2016-2028)
FIGURE 019. ELECTRICALLY POWERED AIRBORNE VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Power Electronics for Electric Vehicle market research report is 2023 - 2030.
Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Delphi Technologies, Continental AG, Hitachi Automotive Systems, Ltd., Delphi Technologies, Valeo, Mitsubishi Electric Corporation, Denso Corporation, Infineon Technologies, Robert Bosch GmbH, Hella, Panasonic Corporation, Tesla Inc., Toyota Industries Corporation, Hangzhou Tiecheng Information Technology.
The Power Electronics for Electric Vehicle market is segmented into Application, End-Use and region. By Application, the market is categorized into Inverter, Converter, On-board Charger. By End-Use, it is classified into Automotive, Railways, Marine, Electrically Powered Airborne Vehicles. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).
Power electronics in electric vehicles are in charge of converting and managing the system's supply of electric power. The electric vehicle system uses some of the main power electronic components and functionality. These include onboard chargers, converters, and inverters. Power electronic devices can be used to efficiently carry out operations at high voltage or current because they provide a quicker switching rate a better efficiency.
The Global Power Electronics for Electric Vehicle Market size is expected to grow from USD 8.85 billion in 2022 to USD 101.76 billion by 2030, at a CAGR of 35.70% during the forecast period (2023-2030).