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The electric vehicle (EV) power inverter market is forecasted to grow by USD 9.13 billion during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the electric vehicle (EV) 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 sales of BEVs and PHEVs, reduced cost of inverter components due to advancements in materials and improved packaging arrangement, and increase in technological innovation.
The electric vehicle (EV) 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 Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the electric vehicle (EV) power inverter market covers the following areas:
- Electric vehicle (EV) power inverter market sizing
- Electric vehicle (EV) power inverter market forecast
- Electric vehicle (EV) 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
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global electric vehicle (EV) power inverter market: Aegis Power Systems Inc., Aptiv Plc, BorgWarner Inc., Bosch Mobility Solutions, Continental AG, Danfoss AS, DENSO Corp., Fuji Electric Co. Ltd., Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, LG Magna e Powertrain, MAHLE GmbH, Marelli Holdings Co. Ltd., Meidensha Corp., Metric Mind Engineering, Mitsubishi Electric Corp., Siemens AG, Toyota Industries Corp., and Valeo SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is 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 (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aegis Power Systems Inc.
- Aptiv Plc
- BorgWarner Inc.
- Bosch Mobility Solutions
- Continental AG
- Danfoss AS
- DENSO Corp.
- Fuji Electric Co. Ltd.
- Hitachi Ltd.
- Hyundai Mobis Co. Ltd.
- Infineon Technologies AG
- LG Magna e Powertrain
- MAHLE GmbH
- Marelli Holdings Co. Ltd.
- Meidensha Corp.
- Metric Mind Engineering
- Mitsubishi Electric Corp.
- Siemens AG
- Toyota Industries Corp.
- Valeo SA
