Global Automotive Inverter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Automotive Inverter Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) require a traction inverter to convert dc energy from the high-voltage battery or dc link bus to the three-phase ac energy used to drive the traction motor. Traction inverters are typically capable of transferring power in the 20 to 200 kW range, with switching voltages in the 200 V to 800 V range and currents in the hundreds of amperes.

According to our (Global Info Research) latest study, the global Automotive Inverter market size was valued at US$ 4068 million in 2023 and is forecast to a readjusted size of USD 18280 million by 2030 with a CAGR of 24.2% during review period.

Global core automotive inverter manufacturers include Toyota Industries, Bosch and Valeo etc. The Top3 companies hold a share above 30%. Asia Pacific is the largest market, with a share about 46%, followed by Europe and North America with the share about 40% and 12%.

This report is a detailed and comprehensive analysis for global Automotive Inverter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Power and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Automotive Inverter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Automotive Inverter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Automotive Inverter market size and forecasts, by Power and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Automotive Inverter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Automotive Inverter

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Automotive Inverter market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota Industries, Bosch, Valeo, Mitsubishi Electric, Denso, Vitesco Technologies, Hitachi Astemo, Hyundai Mobis, Suzhou Inovance Automotive, Marelli, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Automotive Inverter market is split by Power and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Power, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Power
50-100 kW
Below 50 kW
Above 100 KW

Market segment by Application
Electric Vehicles
Hybrid Vehicles

Major players covered
Toyota Industries
Bosch
Valeo
Mitsubishi Electric
Denso
Vitesco Technologies
Hitachi Astemo
Hyundai Mobis
Suzhou Inovance Automotive
Marelli
Zhongshan Broad-Ocean

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automotive Inverter product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automotive Inverter, with price, sales quantity, revenue, and global market share of Automotive Inverter from 2019 to 2024.

Chapter 3, the Automotive Inverter competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automotive Inverter breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Power and by Application, with sales market share and growth rate by Power, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Automotive Inverter market forecast, by regions, by Power, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Inverter.

Chapter 14 and 15, to describe Automotive Inverter sales channel, distributors, customers, research findings and conclusion.