Global Power Electronics for Electric Vehicles Market Growth 2023-2029
To control the flow of energy, the switching electronic circuits are used. These switching electronic circuits are called power electronics. Power electronics are also considered for the conversion of electric power. Such conversions are performed by semiconductor devices like diodes, transistors and thyristors etc. Power electronics devices have several advantages including optimum forward and reverse backing capabilities, simplified circuits, compact designs etc. Moreover, power electronics find its applications in connection of renewable energy resources to power grids, transportation in electric trains, motor drives and lighting. The major use of power electronics devices is heat sinking as well as soft starting of equipment deploying power electronic devices. This report only covers electric vehicles segment.
LPI (LP Information)' newest research report, the “Power Electronics for Electric Vehicles Industry Forecast” looks at past sales and reviews total world Power Electronics for Electric Vehicles sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Electronics for Electric Vehicles sales for 2023 through 2029. With Power Electronics for Electric Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Electronics for Electric Vehicles industry.
This Insight Report provides a comprehensive analysis of the global Power Electronics for Electric Vehicles 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 Power Electronics for Electric Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Power Electronics for Electric Vehicles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Electronics for Electric Vehicles 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 Power Electronics for Electric Vehicles.
The global Power Electronics for Electric Vehicles market size is projected to grow from US$ 4998.7 million in 2022 to US$ 6927.4 million in 2029; it is expected to grow at a CAGR of 6927.4 from 2023 to 2029.
In the world wide, major manufactures mainly are Infineon Technologies, Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics , NXP Semiconductors and Microsemi Corporation, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Power Electronics for Electric Vehicles market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Power IC
Power Module
Power Discrete
Segmentation by application
HEV
EV
PHEV
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 analyzing the company's coverage, product portfolio, its market penetration.
Infineon Technologies
Mitsubishi Electric
Fuji Electric
SEMIKRON
ON Semiconductor
Renesas Electronics
Vishay Intertechnology
Texas Instruments
Toshiba
Stmicroelectronics
NXP Semiconductors
Microsemi Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Power Electronics for Electric Vehicles market?
What factors are driving Power Electronics for Electric Vehicles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Power Electronics for Electric Vehicles market opportunities vary by end market size?
How does Power Electronics for Electric Vehicles break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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