1h Free Analyst Time
The electric vehicle power inverter market is poised to grow by $7,828.33 million during 2023-2027, accelerating at a CAGR of 8.84% during the forecast period. The market is driven by increasing sales of BEVs and PHEVs, reduced cost of inverter components due to advancements in materials and improved packaging arrangement, and an increase in technological innovation.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the electric vehicle power inverter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
The electric vehicle power inverter market is segmented as below:
By Application
- Full hybrids
- Pure EV
- Plug-in hybrids
- Commercial HEV
- Mild hybrids
By Type
- Passenger cars
- Commercial vehicles
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This report on the electric vehicle power inverter market covers the following areas:
- Electric vehicle power inverter market sizing
- Electric vehicle power inverter market forecast
- Electric vehicle power inverter market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Executive Summary
The analyst recognizes the following companies as the key players in the global electric vehicle power inverter market: Aegis Power Systems Inc., BorgWarner Inc., Bosch Mobility Solutions, Continental AG, Danfoss AS, Denso Corp., Fuji Electric Co. Ltd., Hitachi Ltd., Infineon Technologies AG, LG Magna e Powertrain, Marelli Holdings Co. Ltd., MAHLE GmbH, Hyundai Mobis Co. Ltd, Meidensha Corp., Metric Mind Engineering, Mitsubishi Electric Corp., Siemens AG, Toyota Industries Corp., Valeo SA, and Aptiv.Commenting on the report, one of the report's analysts said: 'The latest trend gaining momentum in the market is an in-wheel micro-inverter system.'
According to the report, one of the major drivers for this market is the increasing sales of BEVs and PHEVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aegis Power Systems Inc.
- BorgWarner Inc.
- Bosch Mobility Solutions
- Continental AG
- Danfoss AS
- Denso Corp.
- Fuji Electric Co. Ltd.
- Hitachi Ltd.
- Infineon Technologies AG
- LG Magna e Powertrain
- Marelli Holdings Co. Ltd.
- MAHLE GmbH
- Hyundai Mobis Co. Ltd
- Meidensha Corp.
- Metric Mind Engineering
- Mitsubishi Electric Corp.
- Siemens AG
- Toyota Industries Corp.
- Valeo SA
- Aptiv