Europe Electric Vehicle Power Inverter Market Size, Share & Industry Trends Analysis Report By Inverter Type, By Propulsion, By Level of Integration, By Vehicle Type, By Distribution Channel (OEM and Aftermarket), By Country and Growth Forecast, 2022 - 20

Europe Electric Vehicle Power Inverter Market Size, Share & Industry Trends Analysis Report By Inverter Type, By Propulsion, By Level of Integration, By Vehicle Type, By Distribution Channel (OEM and Aftermarket), By Country and Growth Forecast, 2022 - 2028

The Europe Electric Vehicle Power Inverter Market would witness market growth of 9.3% CAGR during the forecast period (2022-2028).

Automakers are steadily switching their operations from conventional engine vehicles to electric and hybrid cars in response to increasingly strict emission rules around the world. In order to encourage the purchase of electric vehicles in their individual countries, governments have also introduced incentives including reduced vehicle taxes, bonus payments, and premiums. Additionally, the expansion of charging station infrastructure across the world, particularly in developed countries, has contributed to the rise in the sales of electric vehicles.

Manufacturers of vehicle inverters are constantly striving to improve the size and efficiency of their devices. Automakers are paying a lot more attention to the trend of coupling an inverter with a motor or converter. The components should be as tiny and light as possible while being able to endure extremely high temperatures. This can be achieved through better packaging or by integrating external components to lower the overall part count.

Europe is one of the largest manufacturers of automobiles all over the world. One of Italy's key sectors is the automotive industry of the company. According to the International Trade Government, approximately €106 billion, or $119 billion, in turnover was recorded in 2019, accounting for 6.2% of Italy's GDP and 11% of the country's manufacturing turnover. The industry is changing as a result of the transition from thermal engines to electromobility (hybrid and electric), which may present chances for manufacturers of car components, charging infrastructure, and diagnostic tools.

The Germany market dominated the Europe Electric Vehicle Power Inverter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,016.7 million by 2028. The UK market is anticipated to grow at a CAGR of 8.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 10.4% during (2022 - 2028).

Based on Inverter Type, the market is segmented into Traction Inverter and Soft Switching Inverter. Based on Propulsion, the market is segmented into Battery Electric Vehicle, Plug in Hybrid Vehicle, and Hybrid Vehicle. Based on Level of Integration, the market is segmented into Integrated Inverter System, Separate Inverter System, and Mechatronic Integration System. Based on Vehicle Type, the market is segmented into Passenger Vehicle and Commercial Vehicle. Based on Distribution Channel, the market is segmented into OEM and Aftermarket. Based on countries, the market is segmented into Germany, UK, France, Russia, Norway, Netherlands, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Continental AG, Robert Bosch GmbH, Denso Corporation, Valeo SA, Mitsubishi Electric Corporation, Aptiv PLC, Toyota Industries Corporation, Nissan Motor Corporation and Marelli.

Scope of the Study

Market Segments covered in the Report:

By Inverter Type

  • Traction Inverter
  • Soft Switching Inverter
By Propulsion
  • Battery Electric Vehicle
  • Plug in Hybrid Vehicle
  • Hybrid Vehicle
By Level of Integration
  • Integrated Inverter System
  • Separate Inverter System
  • Mechatronic Integration System
By Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
By Distribution Channel
  • OEM
  • Aftermarket
By Country
  • Germany
  • UK
  • France
  • Russia
  • Norway
  • Netherlands
  • Rest of Europe
Companies Profiled
  • Siemens AG
  • Continental AG
  • Robert Bosch GmbH
  • Denso Corporation
  • Valeo SA
  • Mitsubishi Electric Corporation
  • Aptiv PLC
  • Toyota Industries Corporation
  • Nissan Motor Corporation
  • Marelli
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Electric Vehicle Power Inverter Market, by Inverter Type
1.4.2 Europe Electric Vehicle Power Inverter Market, by Propulsion
1.4.3 Europe Electric Vehicle Power Inverter Market, by Level of Integration
1.4.4 Europe Electric Vehicle Power Inverter Market, by Vehicle Type
1.4.5 Europe Electric Vehicle Power Inverter Market, by Distribution Channel
1.4.6 Europe Electric Vehicle Power Inverter Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Electric Vehicle Power Inverter Market by Inverter Type
3.1 Europe Traction Inverter Market by Country
3.2 Europe Soft Switching Inverter Market by Country
Chapter 4. Europe Electric Vehicle Power Inverter Market by Propulsion
4.1 Europe Battery Electric Vehicle Market by Country
4.2 Europe Plug in Hybrid Vehicle Market by Country
4.3 Europe Hybrid Vehicle Market by Country
Chapter 5. Europe Electric Vehicle Power Inverter Market by Level of Integration
5.1 Europe Integrated Inverter System Market by Country
5.2 Europe Separate Inverter System Market by Country
5.3 Europe Mechatronic Integration System Market by Country
Chapter 6. Europe Electric Vehicle Power Inverter Market by Vehicle Type
6.1 Europe Passenger Vehicle Market by Country
6.2 Europe Commercial Vehicle Market by Country
Chapter 7. Europe Electric Vehicle Power Inverter Market by Distribution Channel
7.1 Europe OEM Market by Country
7.2 Europe Aftermarket Market by Country
Chapter 8. Europe Electric Vehicle Power Inverter Market by Country
8.1 Germany Electric Vehicle Power Inverter Market
8.1.1 Germany Electric Vehicle Power Inverter Market by Inverter Type
8.1.2 Germany Electric Vehicle Power Inverter Market by Propulsion
8.1.3 Germany Electric Vehicle Power Inverter Market by Level of Integration
8.1.4 Germany Electric Vehicle Power Inverter Market by Vehicle Type
8.1.5 Germany Electric Vehicle Power Inverter Market by Distribution Channel
8.2 UK Electric Vehicle Power Inverter Market
8.2.1 UK Electric Vehicle Power Inverter Market by Inverter Type
8.2.2 UK Electric Vehicle Power Inverter Market by Propulsion
8.2.3 UK Electric Vehicle Power Inverter Market by Level of Integration
8.2.4 UK Electric Vehicle Power Inverter Market by Vehicle Type
8.2.5 UK Electric Vehicle Power Inverter Market by Distribution Channel
8.3 France Electric Vehicle Power Inverter Market
8.3.1 France Electric Vehicle Power Inverter Market by Inverter Type
8.3.2 France Electric Vehicle Power Inverter Market by Propulsion
8.3.3 France Electric Vehicle Power Inverter Market by Level of Integration
8.3.4 France Electric Vehicle Power Inverter Market by Vehicle Type
8.3.5 France Electric Vehicle Power Inverter Market by Distribution Channel
8.4 Russia Electric Vehicle Power Inverter Market
8.4.1 Russia Electric Vehicle Power Inverter Market by Inverter Type
8.4.2 Russia Electric Vehicle Power Inverter Market by Propulsion
8.4.3 Russia Electric Vehicle Power Inverter Market by Level of Integration
8.4.4 Russia Electric Vehicle Power Inverter Market by Vehicle Type
8.4.5 Russia Electric Vehicle Power Inverter Market by Distribution Channel
8.5 Norway Electric Vehicle Power Inverter Market
8.5.1 Norway Electric Vehicle Power Inverter Market by Inverter Type
8.5.2 Norway Electric Vehicle Power Inverter Market by Propulsion
8.5.3 Norway Electric Vehicle Power Inverter Market by Level of Integration
8.5.4 Norway Electric Vehicle Power Inverter Market by Vehicle Type
8.5.5 Norway Electric Vehicle Power Inverter Market by Distribution Channel
8.6 Netherlands Electric Vehicle Power Inverter Market
8.6.1 Netherlands Electric Vehicle Power Inverter Market by Inverter Type
8.6.2 Netherlands Electric Vehicle Power Inverter Market by Propulsion
8.6.3 Netherlands Electric Vehicle Power Inverter Market by Level of Integration
8.6.4 Netherlands Electric Vehicle Power Inverter Market by Vehicle Type
8.6.5 Netherlands Electric Vehicle Power Inverter Market by Distribution Channel
8.7 Rest of Europe Electric Vehicle Power Inverter Market
8.7.1 Rest of Europe Electric Vehicle Power Inverter Market by Inverter Type
8.7.2 Rest of Europe Electric Vehicle Power Inverter Market by Propulsion
8.7.3 Rest of Europe Electric Vehicle Power Inverter Market by Level of Integration
8.7.4 Rest of Europe Electric Vehicle Power Inverter Market by Vehicle Type
8.7.5 Rest of Europe Electric Vehicle Power Inverter Market by Distribution Channel
Chapter 9. Company Profiles
9.1 Siemens AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Continental AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Robert Bosch GmbH
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Denso Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.5 Valeo SA
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.6 Mitsubishi Electric Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.7 Aptiv PLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.8 Toyota Industries Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental Analysis
9.8.4 Research & Development Expense
9.9 Nissan Motor Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.10. Marelli
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings