Growing Popularity of Pure Sinewave Inverters is a Key Trend Gaining Market Momentum
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The automotive on-board power inverter market is forecasted to grow by USD 162.2 million during 2023-2028, accelerating at a CAGR of 4.28% during the forecast period. The report on the automotive on-board 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.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of programmable logic controllers (plcs) in industries, enhanced reliability and durability of industrial relays, and increasing importance of smart grid systems.
The automotive on-board power inverter market is segmented as below:
By Application
- Passenger cars
- LCVs
By Type
- Up to 150W
- More than 150W
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the automotive on-board power inverter market covers the following areas:
- Automotive on-board power inverter market sizing
- Automotive on-board power inverter market forecast
- Automotive on-board 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 report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by 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 market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the 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 Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive on-board power inverter market: Ampeak, BESTEK, Cobra Electronics Corporation and Escort Inc., COTEK Electronic Ind. Co. Ltd., DAS Companies Inc., ERAYAK, Hitachi Ltd., Koninklijke Philips N.V., Lear Corp., Marelli Holdings Co. Ltd., ON Semiconductor Corp., Robert Bosch GmbH, Samlex America Inc., Schumacher Electric Corp., Sensata Technologies Inc., Stanley Black and Decker Inc., STMicroelectronics International N.V., Sungrow Power Supply Co. Ltd., Toyota Industries Corp., and VisIC Technologies Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of digitalization and industry 4.0."
According to the report, one of the major drivers for this market is the increasing adoption of programmable logic controllers (plcs) in industries.
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 (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ampeak
- BESTEK
- Cobra Electronics Corporation and Escort Inc.
- COTEK Electronic Ind. Co. Ltd.
- DAS Companies Inc.
- ERAYAK
- Hitachi Ltd.
- Koninklijke Philips N.V.
- Lear Corp.
- Marelli Holdings Co. Ltd.
- ON Semiconductor Corp.
- Robert Bosch GmbH
- Samlex America Inc.
- Schumacher Electric Corp.
- Sensata Technologies Inc.
- Stanley Black and Decker Inc.
- STMicroelectronics International N.V.
- Sungrow Power Supply Co. Ltd.
- Toyota Industries Corp.
- VisIC Technologies Inc.
