Global Electric Vehicle High-voltage Traction Inverter Market Growth 2024-2030
An electric vehicle high voltage traction inverter is a crucial component in an electric vehicle (EV), and its main function is to convert the direct current (DC) supplied by the battery into the alternating current (AC) required to drive the motor. A Traction Inverter is a power electronic device that converts high voltage DC power (from the battery) to AC power for the electric motor. Through this conversion, the inverter regulates the speed and torque of the electric motor to drive the electric vehicle.
The global Electric Vehicle High-voltage Traction Inverter market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicle High-voltage Traction Inverter Industry Forecast” looks at past sales and reviews total world Electric Vehicle High-voltage Traction Inverter sales in 2023, providing a comprehensive analysis by region and market sector of projected Electric Vehicle High-voltage Traction Inverter sales for 2024 through 2030. With Electric Vehicle High-voltage Traction Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle High-voltage Traction Inverter industry.
This Insight Report provides a comprehensive analysis of the global Electric Vehicle High-voltage Traction Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle High-voltage Traction Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicle High-voltage Traction Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle High-voltage Traction Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle High-voltage Traction Inverter.
United States market for Electric Vehicle High-voltage Traction Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Electric Vehicle High-voltage Traction Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Electric Vehicle High-voltage Traction Inverter is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Electric Vehicle High-voltage Traction Inverter players cover Denso, Mitsubishi Electric, Toyota Industries, Hitachi Astemo, Bosch global, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle High-voltage Traction Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
IGBT-based Traction Inverter
SiC-based Traction Inverter
Segmentation by Application:
Commercial Vehicles
Passenger Cars
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Denso
Mitsubishi Electric
Toyota Industries
Hitachi Astemo
Bosch global
Vitesco Technologies
BorgWarner
Eaton
McLaren Applied
ZF Group
Valeo
Marelli
LG Magna
Continental AG
Karma Automotive
Equipmake
Skyworks
Infineon Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Vehicle High-voltage Traction Inverter market?
What factors are driving Electric Vehicle High-voltage Traction Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Vehicle High-voltage Traction Inverter market opportunities vary by end market size?
How does Electric Vehicle High-voltage Traction Inverter break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.