Electric Vehicle Power Inverter Market 2032: Emerging Trends, Growth Opportunities, Technological Advancements & Strategic Insights


Posted June 14, 2023 by harrkons

The market is predicted to reach a worth of $59,971.1 million by 2031, growing at a strong compound annual growth rate (CAGR) of 14.5% between 2021 and 2031

 
A top market research company, has published a thorough report on the global Electric Vehicle Power Inverter Market, forecasting a phenomenal growth trajectory during the forecast period. The market is predicted to reach a worth of $59,971.1 million by 2031, growing at a strong compound annual growth rate (CAGR) of 14.5% between 2021 and 2031, according to the analysis.

The main reason for this significant market increase has been attributed to the exponential rise of the electric vehicle market and the rising use of power inverters in EVs. The paper also emphasises the critical importance of government assistance measures and the ongoing

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Highlighted with 82 tables and 77 figures, this 168-page report “Global Electric Vehicle Power Inverter Market 2021-2031 by Inverter Type (Traction, Soft-switching), Integration Level (Integrated, Mechatronic, Separate), Propulsion Type (BEVs, HEVs, PHEVs, FCEVs), Vehicle Type (Passenger, Commercial), Distribution (Aftermarket, OEM), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global electric vehicle power inverter market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global electric vehicle power inverter market in every aspect of the classification from perspectives of Inverter Type, Integration Level, Propulsion Type, Vehicle Type, Distribution, and Region.

View Report Scope and Latest Developments in the Market: MW Link:- https://www.marketwatch.com/press-release/latest-study-on-electric-vehicle-power-inverter-market-hints-a-true-blockbuster-and-forecast-by-2032-2023-06-02?mod=search_headline

Based on Inverter Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Traction Inverter
Soft-switching Inverter

Based on Integration Level, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Integrated Inverter System
Mechatronic Integration System
Separate Inverter System

By Propulsion Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)
Plug-in Hybrid Electric Vehicle (PHEVs)
Fuel Cell Electric Vehicle (FCEVs)

By Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Passenger Cars
Commercial Vehicles

By Distribution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Aftermarket
OEM

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)
Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE,Saudi Arabia,South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Propulsion Type, Vehicle Type and Distribution over the forecast years are also included.

Get a Sample Copy of the Electric Vehicle Power Inverter Market Report 2023

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Aptiv PLC (Borgwarner Inc.)
Continental AG
CWB Automotive Electronics Co., Ltd.
DENSO Corporation
Drive System Design LTD
Eaton Corporation PLC
Exalta Oxy Neuron
Fraunhofer ISE
Hangzhou Tonny Electric & Tools Co., Ltd.
Hitachi Astemo Ltd
Hyundai Mobis Co., Ltd.
Infineon Technologies AG
Jinan ACME Power Supply Co., Ltd.
John Deere Electronic Solutions
Lear Corporation
LG Magna e-Powertrain
Marelli Corporation
Meidensha Corporation
Mitsubishi Electric Corporation
Robert Bosch GMBH
Toyota Industries Corporation
Valeo Group
Vitesco Technologies
Wenzhou Kangyu Electrical Co., Ltd.
ZF Friedrichshafen AG

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Last Updated June 14, 2023