Global Electric Vehicle High-voltage Traction Inverter Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global Electric Vehicle High-voltage Traction Inverter market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Electric Vehicle High-voltage Traction Inverter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Electric Vehicle High-voltage Traction Inverter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Electric Vehicle High-voltage Traction Inverter is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Electric Vehicle High-voltage Traction Inverter include Denso, Mitsubishi Electric, LG Magna, Marelli, Valeo, ZF Group, Bosch global, BorgWarner and Vitesco Technologies, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Vehicle High-voltage Traction Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle High-voltage Traction Inverter.

The Electric Vehicle High-voltage Traction Inverter market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electric Vehicle High-voltage Traction Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Electric Vehicle High-voltage Traction Inverter Segment by Company

Denso
Mitsubishi Electric
LG Magna
Marelli
Valeo
ZF Group
Bosch global
BorgWarner
Vitesco Technologies
Toyota Industries
Skyworks
McLaren Applied
Karma Automotive
Infineon Technologies
Hitachi Astemo
Equipmake
Eaton
Continental AG

Electric Vehicle High-voltage Traction Inverter Segment by Type

IGBT-based Traction Inverter
SiC-based Traction Inverter

Electric Vehicle High-voltage Traction Inverter Segment by Application

Commercial Vehicles
Passenger Cars

Electric Vehicle High-voltage Traction Inverter Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Vehicle High-voltage Traction Inverter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Vehicle High-voltage Traction Inverter and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Vehicle High-voltage Traction Inverter.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electric Vehicle High-voltage Traction Inverter manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Electric Vehicle High-voltage Traction Inverter in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

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1 Market Overview

1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Electric Vehicle High-voltage Traction Inverter Market Size Estimates and Forecasts (2020-2031)
1.2.2 Global Electric Vehicle High-voltage Traction Inverter Sales Estimates and Forecasts (2020-2031)
1.3 Electric Vehicle High-voltage Traction Inverter Market by Type
1.3.1 IGBT-based Traction Inverter
1.3.2 SiC-based Traction Inverter
1.4 Global Electric Vehicle High-voltage Traction Inverter Market Size by Type
1.4.1 Global Electric Vehicle High-voltage Traction Inverter Market Size Overview by Type (2020-2031)
1.4.2 Global Electric Vehicle High-voltage Traction Inverter Historic Market Size Review by Type (2020-2025)
1.4.3 Global Electric Vehicle High-voltage Traction Inverter Forecasted Market Size by Type (2026-2031)
1.5 Key Regions Market Size by Type
1.5.1 North America Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Type (2020-2025)
1.5.2 Europe Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Type (2020-2025)
1.5.3 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Type (2020-2025)
1.5.4 South America Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Type (2020-2025)
1.5.5 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Type (2020-2025)
2 Global Market Dynamics

2.1 Electric Vehicle High-voltage Traction Inverter Industry Trends
2.2 Electric Vehicle High-voltage Traction Inverter Industry Drivers
2.3 Electric Vehicle High-voltage Traction Inverter Industry Opportunities and Challenges
2.4 Electric Vehicle High-voltage Traction Inverter Industry Restraints
3 Market Competitive Landscape by Company

3.1 Global Top Players by Electric Vehicle High-voltage Traction Inverter Revenue (2020-2025)
3.2 Global Top Players by Electric Vehicle High-voltage Traction Inverter Sales (2020-2025)
3.3 Global Top Players by Electric Vehicle High-voltage Traction Inverter Price (2020-2025)
3.4 Global Electric Vehicle High-voltage Traction Inverter Industry Company Ranking, 2023 VS 2024 VS 2025
3.5 Global Electric Vehicle High-voltage Traction Inverter Major Company Production Sites & Headquarters
3.6 Global Electric Vehicle High-voltage Traction Inverter Company, Product Type & Application
3.7 Global Electric Vehicle High-voltage Traction Inverter Company Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Electric Vehicle High-voltage Traction Inverter Market CR5 and HHI
3.8.2 Global Top 5 and 10 Electric Vehicle High-voltage Traction Inverter Players Market Share by Revenue in 2024
3.8.3 2023 Electric Vehicle High-voltage Traction Inverter Tier 1, Tier 2, and Tier 3
4 Electric Vehicle High-voltage Traction Inverter Regional Status and Outlook

4.1 Global Electric Vehicle High-voltage Traction Inverter Market Size and CAGR by Region: 2020 VS 2024 VS 2031
4.2 Global Electric Vehicle High-voltage Traction Inverter Historic Market Size by Region
4.2.1 Global Electric Vehicle High-voltage Traction Inverter Sales in Volume by Region (2020-2025)
4.2.2 Global Electric Vehicle High-voltage Traction Inverter Sales in Value by Region (2020-2025)
4.2.3 Global Electric Vehicle High-voltage Traction Inverter Sales (Volume & Value), Price and Gross Margin (2020-2025)
4.3 Global Electric Vehicle High-voltage Traction Inverter Forecasted Market Size by Region
4.3.1 Global Electric Vehicle High-voltage Traction Inverter Sales in Volume by Region (2026-2031)
4.3.2 Global Electric Vehicle High-voltage Traction Inverter Sales in Value by Region (2026-2031)
4.3.3 Global Electric Vehicle High-voltage Traction Inverter Sales (Volume & Value), Price and Gross Margin (2026-2031)
5 Electric Vehicle High-voltage Traction Inverter by Application

5.1 Electric Vehicle High-voltage Traction Inverter Market by Application
5.1.1 Commercial Vehicles
5.1.2 Passenger Cars
5.2 Global Electric Vehicle High-voltage Traction Inverter Market Size by Application
5.2.1 Global Electric Vehicle High-voltage Traction Inverter Market Size Overview by Application (2020-2031)
5.2.2 Global Electric Vehicle High-voltage Traction Inverter Historic Market Size Review by Application (2020-2025)
5.2.3 Global Electric Vehicle High-voltage Traction Inverter Forecasted Market Size by Application (2026-2031)
5.3 Key Regions Market Size by Application
5.3.1 North America Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Application (2020-2025)
5.3.2 Europe Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Application (2020-2025)
5.3.3 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Application (2020-2025)
5.3.4 South America Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Application (2020-2025)
5.3.5 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Sales Breakdown by Application (2020-2025)
6 Company Profiles

6.1 Denso
6.1.1 Denso Comapny Information
6.1.2 Denso Business Overview
6.1.3 Denso Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.1.4 Denso Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.1.5 Denso Recent Developments
6.2 Mitsubishi Electric
6.2.1 Mitsubishi Electric Comapny Information
6.2.2 Mitsubishi Electric Business Overview
6.2.3 Mitsubishi Electric Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.2.4 Mitsubishi Electric Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.2.5 Mitsubishi Electric Recent Developments
6.3 LG Magna
6.3.1 LG Magna Comapny Information
6.3.2 LG Magna Business Overview
6.3.3 LG Magna Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.3.4 LG Magna Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.3.5 LG Magna Recent Developments
6.4 Marelli
6.4.1 Marelli Comapny Information
6.4.2 Marelli Business Overview
6.4.3 Marelli Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.4.4 Marelli Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.4.5 Marelli Recent Developments
6.5 Valeo
6.5.1 Valeo Comapny Information
6.5.2 Valeo Business Overview
6.5.3 Valeo Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.5.4 Valeo Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.5.5 Valeo Recent Developments
6.6 ZF Group
6.6.1 ZF Group Comapny Information
6.6.2 ZF Group Business Overview
6.6.3 ZF Group Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.6.4 ZF Group Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.6.5 ZF Group Recent Developments
6.7 Bosch global
6.7.1 Bosch global Comapny Information
6.7.2 Bosch global Business Overview
6.7.3 Bosch global Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.7.4 Bosch global Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.7.5 Bosch global Recent Developments
6.8 BorgWarner
6.8.1 BorgWarner Comapny Information
6.8.2 BorgWarner Business Overview
6.8.3 BorgWarner Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.8.4 BorgWarner Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.8.5 BorgWarner Recent Developments
6.9 Vitesco Technologies
6.9.1 Vitesco Technologies Comapny Information
6.9.2 Vitesco Technologies Business Overview
6.9.3 Vitesco Technologies Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.9.4 Vitesco Technologies Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.9.5 Vitesco Technologies Recent Developments
6.10 Toyota Industries
6.10.1 Toyota Industries Comapny Information
6.10.2 Toyota Industries Business Overview
6.10.3 Toyota Industries Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.10.4 Toyota Industries Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.10.5 Toyota Industries Recent Developments
6.11 Skyworks
6.11.1 Skyworks Comapny Information
6.11.2 Skyworks Business Overview
6.11.3 Skyworks Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.11.4 Skyworks Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.11.5 Skyworks Recent Developments
6.12 McLaren Applied
6.12.1 McLaren Applied Comapny Information
6.12.2 McLaren Applied Business Overview
6.12.3 McLaren Applied Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.12.4 McLaren Applied Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.12.5 McLaren Applied Recent Developments
6.13 Karma Automotive
6.13.1 Karma Automotive Comapny Information
6.13.2 Karma Automotive Business Overview
6.13.3 Karma Automotive Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.13.4 Karma Automotive Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.13.5 Karma Automotive Recent Developments
6.14 Infineon Technologies
6.14.1 Infineon Technologies Comapny Information
6.14.2 Infineon Technologies Business Overview
6.14.3 Infineon Technologies Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.14.4 Infineon Technologies Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.14.5 Infineon Technologies Recent Developments
6.15 Hitachi Astemo
6.15.1 Hitachi Astemo Comapny Information
6.15.2 Hitachi Astemo Business Overview
6.15.3 Hitachi Astemo Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.15.4 Hitachi Astemo Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.15.5 Hitachi Astemo Recent Developments
6.16 Equipmake
6.16.1 Equipmake Comapny Information
6.16.2 Equipmake Business Overview
6.16.3 Equipmake Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.16.4 Equipmake Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.16.5 Equipmake Recent Developments
6.17 Eaton
6.17.1 Eaton Comapny Information
6.17.2 Eaton Business Overview
6.17.3 Eaton Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.17.4 Eaton Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.17.5 Eaton Recent Developments
6.18 Continental AG
6.18.1 Continental AG Comapny Information
6.18.2 Continental AG Business Overview
6.18.3 Continental AG Electric Vehicle High-voltage Traction Inverter Sales, Revenue and Gross Margin (2020-2025)
6.18.4 Continental AG Electric Vehicle High-voltage Traction Inverter Product Portfolio
6.18.5 Continental AG Recent Developments
7 North America by Country

7.1 North America Electric Vehicle High-voltage Traction Inverter Sales by Country
7.1.1 North America Electric Vehicle High-voltage Traction Inverter Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.1.2 North America Electric Vehicle High-voltage Traction Inverter Sales by Country (2020-2025)
7.1.3 North America Electric Vehicle High-voltage Traction Inverter Sales Forecast by Country (2026-2031)
7.2 North America Electric Vehicle High-voltage Traction Inverter Market Size by Country
7.2.1 North America Electric Vehicle High-voltage Traction Inverter Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2.2 North America Electric Vehicle High-voltage Traction Inverter Market Size by Country (2020-2025)
7.2.3 North America Electric Vehicle High-voltage Traction Inverter Market Size Forecast by Country (2026-2031)
8 Europe by Country

8.1 Europe Electric Vehicle High-voltage Traction Inverter Sales by Country
8.1.1 Europe Electric Vehicle High-voltage Traction Inverter Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.1.2 Europe Electric Vehicle High-voltage Traction Inverter Sales by Country (2020-2025)
8.1.3 Europe Electric Vehicle High-voltage Traction Inverter Sales Forecast by Country (2026-2031)
8.2 Europe Electric Vehicle High-voltage Traction Inverter Market Size by Country
8.2.1 Europe Electric Vehicle High-voltage Traction Inverter Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2.2 Europe Electric Vehicle High-voltage Traction Inverter Market Size by Country (2020-2025)
8.2.3 Europe Electric Vehicle High-voltage Traction Inverter Market Size Forecast by Country (2026-2031)
9 Asia-Pacific by Country

9.1 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Sales by Country
9.1.1 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.1.2 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Sales by Country (2020-2025)
9.1.3 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Sales Forecast by Country (2026-2031)
9.2 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Market Size by Country
9.2.1 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2.2 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Market Size by Country (2020-2025)
9.2.3 Asia-Pacific Electric Vehicle High-voltage Traction Inverter Market Size Forecast by Country (2026-2031)
10 South America by Country

10.1 South America Electric Vehicle High-voltage Traction Inverter Sales by Country
10.1.1 South America Electric Vehicle High-voltage Traction Inverter Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.1.2 South America Electric Vehicle High-voltage Traction Inverter Sales by Country (2020-2025)
10.1.3 South America Electric Vehicle High-voltage Traction Inverter Sales Forecast by Country (2026-2031)
10.2 South America Electric Vehicle High-voltage Traction Inverter Market Size by Country
10.2.1 South America Electric Vehicle High-voltage Traction Inverter Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2.2 South America Electric Vehicle High-voltage Traction Inverter Market Size by Country (2020-2025)
10.2.3 South America Electric Vehicle High-voltage Traction Inverter Market Size Forecast by Country (2026-2031)
11 Middle East and Africa by Country

11.1 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Sales by Country
11.1.1 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Sales Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.1.2 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Sales by Country (2020-2025)
11.1.3 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Sales Forecast by Country (2026-2031)
11.2 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Market Size by Country
11.2.1 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2.2 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Market Size by Country (2020-2025)
11.2.3 Middle East and Africa Electric Vehicle High-voltage Traction Inverter Market Size Forecast by Country (2026-2031)
12 Value Chain and Sales Channels Analysis

12.1 Electric Vehicle High-voltage Traction Inverter Value Chain Analysis
12.1.1 Electric Vehicle High-voltage Traction Inverter Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Electric Vehicle High-voltage Traction Inverter Production Mode & Process
12.2 Electric Vehicle High-voltage Traction Inverter Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Electric Vehicle High-voltage Traction Inverter Distributors
12.2.3 Electric Vehicle High-voltage Traction Inverter Customers
13 Concluding Insights
14 Appendix

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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