Global Power Electronics for Electric Vehicles Competitive Landscape Professional Research Report 2025

Research Summary

Power electronics for electric vehicles (EVs) is a specialized field focused on the design and implementation of electronic systems that control and manage the flow of electrical power within electric drivetrains. Key components include inverters, converters, and motor controllers that facilitate the conversion of electrical energy between the vehicle's battery, electric motor, and other subsystems. Power electronics play a critical role in optimizing energy efficiency, controlling the speed and torque of electric motors, and managing energy regeneration during braking. These systems are pivotal in ensuring smooth and efficient operation of electric vehicles, enhancing performance, and extending the range of EVs. Advances in power electronics contribute to the ongoing development and improvement of electric vehicle technologies, making them more viable and appealing for mainstream adoption.

According to DIResearch's in-depth investigation and research, the global Power Electronics for Electric Vehicles market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Power Electronics for Electric Vehicles include Infineon Technologies, Mitsubishi Electric, Fuji Electric, ON Semiconductor, SEMIKRON, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics, NXP Semiconductors, Microsemi Corporation etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Power Electronics for Electric Vehicles. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Power Electronics for Electric Vehicles market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Power Electronics for Electric Vehicles market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Power Electronics for Electric Vehicles industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Power Electronics for Electric Vehicles Include:

Infineon Technologies

Mitsubishi Electric

Fuji Electric

ON Semiconductor

SEMIKRON

Renesas Electronics

Vishay Intertechnology

Texas Instruments

Toshiba

Stmicroelectronics

NXP Semiconductors

Microsemi Corporation

Power Electronics for Electric Vehicles Product Segment Include:

Power IC

Power Module

Power Discrete

Power Electronics for Electric Vehicles Product Application Include:

HEV

BEV

PHEV

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Power Electronics for Electric Vehicles Industry PESTEL Analysis

Chapter 3: Global Power Electronics for Electric Vehicles Industry Porter’s Five Forces Analysis

Chapter 4: Global Power Electronics for Electric Vehicles Major Regional Market Size and Forecast Analysis

Chapter 5: Global Power Electronics for Electric Vehicles Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Passenger Power Electronics for Electric Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Power Electronics for Electric Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Power Electronics for Electric Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Power Electronics for Electric Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Power Electronics for Electric Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Power Electronics for Electric Vehicles Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Power Electronics for Electric Vehicles Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 Power Electronics for Electric Vehicles Market Overview
1.1 Product Definition and Statistical Scope
1.2 Power Electronics for Electric Vehicles Product by Type
1.2.1 Power IC
1.2.2 Power Module
1.2.3 Power Discrete
1.3 Power Electronics for Electric Vehicles Product by Application
1.3.1 HEV
1.3.2 BEV
1.3.3 PHEV
1.4 Global Power Electronics for Electric Vehicles Market Size Analysis (2020-2032)
1.5 Power Electronics for Electric Vehicles Market Development Status and Trends
1.5.1 Power Electronics for Electric Vehicles Industry Development Status Analysis
1.5.2 Power Electronics for Electric Vehicles Industry Development Trends Analysis
2 Power Electronics for Electric Vehicles Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Power Electronics for Electric Vehicles Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Power Electronics for Electric Vehicles Market Analysis by Regions
4.1 Global Power Electronics for Electric Vehicles Overall Market: 2024 VS 2025 VS 2032
4.2 Global Power Electronics for Electric Vehicles Revenue and Forecast Analysis (2020-2032)
4.2.1 Global Power Electronics for Electric Vehicles Revenue and Market Share by Region (2020-2025)
4.2.2 Global Power Electronics for Electric Vehicles Revenue Forecast by Region (2026-2032)
5 Global Power Electronics for Electric Vehicles Market Size by Type and Application
5.1 Global Power Electronics for Electric Vehicles Market Size by Type (2020-2032)
5.2 Global Power Electronics for Electric Vehicles Market Size by Application (2020-2032)
6 North America
6.1 North America Power Electronics for Electric Vehicles Market Size and Growth Rate Analysis (2020-2032)
6.2 North America Key Manufacturers Analysis
6.3 North America Power Electronics for Electric Vehicles Market Size by Type
6.4 North America Power Electronics for Electric Vehicles Market Size by Application
6.5 North America Power Electronics for Electric Vehicles Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Power Electronics for Electric Vehicles Market Size and Growth Rate Analysis (2020-2032)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Power Electronics for Electric Vehicles Market Size by Type
7.4 Europe Power Electronics for Electric Vehicles Market Size by Application
7.5 Europe Power Electronics for Electric Vehicles Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Power Electronics for Electric Vehicles Market Size and Growth Rate Analysis (2020-2032)
8.2 China Key Manufacturers Analysis
8.3 China Power Electronics for Electric Vehicles Market Size by Type
8.4 China Power Electronics for Electric Vehicles Market Size by Application
9 APAC (excl. China)
9.1 APAC (excl. China) Power Electronics for Electric Vehicles Market Size and Growth Rate Analysis (2020-2032)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Power Electronics for Electric Vehicles Market Size by Type
9.4 APAC (excl. China) Power Electronics for Electric Vehicles Market Size by Application
9.5 APAC (excl. China) Power Electronics for Electric Vehicles Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Southeast Asia
10 Latin America
10.1 Latin America Power Electronics for Electric Vehicles Market Size and Growth Rate Analysis (2020-2032)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Power Electronics for Electric Vehicles Market Size by Type
10.4 Latin America Power Electronics for Electric Vehicles Market Size by Application
10.5 Latin America Power Electronics for Electric Vehicles Market Size by Country
10.5.1 Mexico
10.5.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Power Electronics for Electric Vehicles Market Size and Growth Rate Analysis (2020-2032)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Power Electronics for Electric Vehicles Market Size by Type
11.4 Middle East & Africa Power Electronics for Electric Vehicles Market Size by Application
11.5 Middle East & Africa Power Electronics for Electric Vehicles Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Power Electronics for Electric Vehicles Market Revenue by Key Manufacturers (2021-2025)
12.2 Power Electronics for Electric Vehicles Competitive Landscape Analysis and Market Dynamic
12.2.1 Power Electronics for Electric Vehicles Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 Infineon Technologies
13.1.1 Infineon Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 Infineon Technologies Power Electronics for Electric Vehicles Product Portfolio
13.1.3 Infineon Technologies Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.2 Mitsubishi Electric
13.2.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Mitsubishi Electric Power Electronics for Electric Vehicles Product Portfolio
13.2.3 Mitsubishi Electric Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.3 Fuji Electric
13.3.1 Fuji Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Fuji Electric Power Electronics for Electric Vehicles Product Portfolio
13.3.3 Fuji Electric Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.4 ON Semiconductor
13.4.1 ON Semiconductor Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 ON Semiconductor Power Electronics for Electric Vehicles Product Portfolio
13.4.3 ON Semiconductor Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.5 SEMIKRON
13.5.1 SEMIKRON Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 SEMIKRON Power Electronics for Electric Vehicles Product Portfolio
13.5.3 SEMIKRON Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.6 Renesas Electronics
13.6.1 Renesas Electronics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Renesas Electronics Power Electronics for Electric Vehicles Product Portfolio
13.6.3 Renesas Electronics Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.7 Vishay Intertechnology
13.7.1 Vishay Intertechnology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 Vishay Intertechnology Power Electronics for Electric Vehicles Product Portfolio
13.7.3 Vishay Intertechnology Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.8 Texas Instruments
13.8.1 Texas Instruments Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Texas Instruments Power Electronics for Electric Vehicles Product Portfolio
13.8.3 Texas Instruments Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.9 Toshiba
13.9.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Toshiba Power Electronics for Electric Vehicles Product Portfolio
13.9.3 Toshiba Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.10 Stmicroelectronics
13.10.1 Stmicroelectronics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 Stmicroelectronics Power Electronics for Electric Vehicles Product Portfolio
13.10.3 Stmicroelectronics Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.11 NXP Semiconductors
13.11.1 NXP Semiconductors Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 NXP Semiconductors Power Electronics for Electric Vehicles Product Portfolio
13.11.3 NXP Semiconductors Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
13.12 Microsemi Corporation
13.12.1 Microsemi Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Microsemi Corporation Power Electronics for Electric Vehicles Product Portfolio
13.12.3 Microsemi Corporation Power Electronics for Electric Vehicles Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
14 Industry Chain Analysis
14.1 Power Electronics for Electric Vehicles Industry Chain Analysis
14.2 Power Electronics for Electric Vehicles Industry Raw Material and Suppliers Analysis
14.2.1 Power Electronics for Electric Vehicles Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Power Electronics for Electric Vehicles Typical Downstream Customers
14.4 Power Electronics for Electric Vehicles Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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