Global Automotive Low Voltage Drives Supply, Demand and Key Producers, 2024-2030
The global Automotive Low Voltage Drives market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
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.
This report studies the global Automotive Low Voltage Drives production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Automotive Low Voltage Drives, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Automotive Low Voltage Drives that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Automotive Low Voltage Drives total production and demand, 2019-2030, (K Units)
Global Automotive Low Voltage Drives total production value, 2019-2030, (USD Million)
Global Automotive Low Voltage Drives production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Automotive Low Voltage Drives consumption by region & country, CAGR, 2019-2030 & (K Units)
U.S. VS China: Automotive Low Voltage Drives domestic production, consumption, key domestic manufacturers and share
Global Automotive Low Voltage Drives production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)
Global Automotive Low Voltage Drives production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)
Global Automotive Low Voltage Drives production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).
This reports profiles key players in the global Automotive Low Voltage Drives market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Eaton, OMRON Corporation, General Electric, ABB, Danfoss, Emerson Electric Co., FujiElectric Co., Ltd. and lnfineon Technologies AG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Automotive Low Voltage Drives market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Automotive Low Voltage Drives Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Automotive Low Voltage Drives Market, Segmentation by Type
Micro Power
Low Power
Global Automotive Low Voltage Drives Market, Segmentation by Application
Passenger Car
Commercial Vehicles
Companies Profiled:
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.
Key Questions Answered
1. How big is the global Automotive Low Voltage Drives market?
2. What is the demand of the global Automotive Low Voltage Drives market?
3. What is the year over year growth of the global Automotive Low Voltage Drives market?
4. What is the production and production value of the global Automotive Low Voltage Drives market?
5. Who are the key producers in the global Automotive Low Voltage Drives market?