Global Automotive Low Voltage Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Automotive Low Voltage Drives Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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

The global trend towards vehicle electrification has a significant impact on the demand for automotive low voltage drives. As electric vehicles (EVs) and hybrid vehicles become more prevalent, the need for efficient low voltage drives for various applications, such as power steering and auxiliary systems, is on the rise. Automotive manufacturers are increasingly emphasizing energy efficiency and overall fuel economy. Low voltage drives play a crucial role in optimizing energy consumption in electric and hybrid vehicles, contributing to improved efficiency. The integration of ADAS in vehicles requires sophisticated control systems, including low voltage drives. These drives help power and control components such as electric power steering (EPS) systems, ensuring precise and efficient vehicle control.

The Global Info Research report includes an overview of the development of the Automotive Low Voltage Drives industry chain, the market status of Passenger Car (Micro Power, Low Power), Commercial Vehicles (Micro Power, Low Power), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Low Voltage Drives.

Regionally, the report analyzes the Automotive Low Voltage Drives markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Low Voltage Drives market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Automotive Low Voltage Drives market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automotive Low Voltage Drives industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Micro Power, Low Power).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automotive Low Voltage Drives market.

Regional Analysis: The report involves examining the Automotive Low Voltage Drives market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automotive Low Voltage Drives market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Automotive Low Voltage Drives:

Company Analysis: Report covers individual Automotive Low Voltage Drives manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automotive Low Voltage Drives This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Car, Commercial Vehicles).

Technology Analysis: Report covers specific technologies relevant to Automotive Low Voltage Drives. It assesses the current state, advancements, and potential future developments in Automotive Low Voltage Drives areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automotive Low Voltage Drives market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Automotive Low Voltage Drives market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Micro Power
Low Power

Market segment by Application
Passenger Car
Commercial Vehicles

Major players covered
Schneider Electric
Eaton
OMRON Corporation
General Electric
ABB
Danfoss
Emerson Electric Co.
FujiElectric Co., Ltd.
lnfineon Technologies AG
Kostal lndustrie Elektrik GmbH & Co.KG
MAHLE GmbH
NIDEC CORPORATION
Renesas Electronics Corporation
Rockwell Automation
WEG
Yaskawa America,lnc.

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 Low Voltage Drives product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Automotive Low Voltage Drives 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 Type and application, with sales market share and growth rate by type, 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 2017 to 2023.and Automotive Low Voltage Drives market forecast, by regions, type and 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 Low Voltage Drives.

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