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2022
Electric Vehicle Power Inverter Market

Electric Vehicle Power Inverter Market by Propulsion (Full Hybrid Vehicle, Plug-in Hybrid Vehicle and Battery Electric Vehicle), Inverter Type (Traction Inverter and Soft Switching Inverter) and Vehicle Type (Passenger Vehicle and Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2021–2027

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COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Electric Vehicle Power Inverter Market

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Electric Vehicle Power Inverter Market Outlook - 2027

Electric vehicle power inverterhas wider application in electric vehicles. The inverter converts direct current (DC) into alternating current (AC), which allows to run electric vehicles motors. There are different types of inverters, which are used in electric vehicles such as soft switching inverter and traction inverter. In addition, electric vehicle power inverter helps to generate very high current during the time of switching the engine as the generated voltage and input voltage have opposite polarities,which generate current.Therefore, thisleads to increase indemand forelectric vehicles, resulting in the growth of the electric vehicle power inverter market.                           

COVID-19 scenario analysis:

  • COVID-19 has rapidly affected the automobileindustry,thus hampering the growth ofthe electric vehicle power inverter market.
  • The market was expected to register significant growth due to rapid growth of the automobile industry.However,due to COVID-19, the market is expected to decline in the near future until the situation becomes stable.
  • Industries are facing slower production due to lockdown and low demand.It is expected to eventually witness decrease in the closure of all works.
  • Due to non-operation of vehiclesduring COVID-19, many of these companies havestopped their production, which led to decline in the growth of the electric vehicle power inverter market.
  • There is significant drop in demand and restricted cash inflow, which havedeclined the growth of the electric vehicle power inverter market.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Top impacting factors for the growth of the electric vehicle power inverter market areincrease inpenetration of electric vehicles and government initiatives toward pollution-free environment. However, heavy current flow and blowing of fuses of electric motor hamper the growth of the market. Furthermore, technological advancements in power electronic and initiatives toward eco-friendly environmentprovide lucrativeopportunitiesfor the electric vehicle power inverter market.

Increase inpenetration of electric vehicles

Increase indemand for electric vehicles has resulted in increase indemand for electric brakes. Electrical parking brake systembooststheelectric vehicle power inverter market to build inverters for electric vehicles. Moreover,the sale of electric vehicles is expected todrive the inverter market. As a result,electric vehiclesfuel the growth ofthe electric vehicle power inverter market.

Government initiatives toward pollution-free environment

Governmentstakeinitiativesto reduce pollution and harmful gasses for aneco-friendly environment. Increase indemand for electric vehicles initiates increase in demand for electrical parking brake systems. Electric vehicles do not emit harmful gases as battery or inverter isused instead of fuel. Therefore,growth of the electric vehicle market propels the growth of the electric vehicle power inverter market.

Key benefits of the report:

  • This study presents the analytical depiction of the electric vehicle power inverter market along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the electric vehicle power inverter market share.
  • The current market is analyzed from 2020 to 2027 to highlight the electric vehicle power inverter market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the electric vehicle power inverter marketresearch report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

Key Market Segments

Segments Sub-segments
By Propulsion
  • Full Hybrid Vehicle
  • Plug-in Hybrid Vehicle
  • Battery Electric Vehicle
By Inverter Type
  • Traction Inverter
  • Soft Switching Inverter
By Vehicle Type
  • Passenger Vehicle
  • Commercial Vehicle
By Region
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • rest of LATAM
  • the Middle East
  • Africa


Key Market Players

  • Aptiv
  • Continental AG
  • DENSO Corporation
  • Hitachi Automotive Systems Ltd
  • Infineon Technologies AG
  • Meidensha Corporation
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Toyota Industries Corporation
  • Valeo Group
 

CHAPTER 1:  INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY MARKET SEGMENTS
1.3.KEY BENEFITS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:  EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:  MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER'S FIVE FORCES ANALYSIS

3.3.1.Bargaining power of suppliers
3.3.2.Threat of new entrants
3.3.3.Threat of substitutes
3.3.4.Competitive rivalry
3.3.5.Bargaining power among buyers

3.4.MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING 2020
3.5.MARKET DYNAMICS

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.IMPACT OF COVID-19

CHAPTER 4:  ELECTRIC VEHICLE POWER INVERTER MARKET BY PROPULSION

4.1.OVERVIEW
4.2.FULL HYBRID VEHICLE

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region 
4.2.3.Market share analysis, by country

4.3.PLUG IN HYBRID VEHICLE

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region 
4.3.3.Market share analysis, by country

4.4.BATTERY ELECTRIC VEHICLE

4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast, by region 
4.4.3.Market share analysis, by country

CHAPTER 5:  ELECTRIC VEHICLE POWER INVERTER MARKET BY INVERTER TYPE

5.1.OVERVIEW
5.2.TRACTION INVERTER

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region 
5.2.3.Market share analysis, by country

5.3.SOFT SWITCHING INVERTER

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region 
5.3.3.Market share analysis, by country

CHAPTER 6:  ELECTRIC VEHICLE POWER INVERTER MARKET BY VEHICLE TYPE

6.1.OVERVIEW
6.2.PASSENGER VEHICLE

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region 
6.2.3.Market share analysis, by country

6.3.COMMERCIAL VEHICLE

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region 
6.3.3.Market share analysis, by country

CHAPTER 7:  ELECTRIC VEHICLE POWER INVERTER MARKET BY REGION

7.1.OVERVIEW
7.2.NORTH AMERICA

7.2.1.Key market trends and opportunities
7.2.2.Market size and forecast, by propulsion
7.2.3.Market size and forecast, by inverter type
7.2.4.Market size and forecast, by vehicle type
7.2.5.Market size and forecast, by Country
7.2.6.US

7.2.6.1.Market size and forecast, by propulsion
7.2.6.2.Market size and forecast, by inverter type
7.2.6.3.Market size and forecast, by vehicle type

7.2.7.Canada

7.2.7.1.Market size and forecast, by propulsion
7.2.7.2.Market size and forecast, by inverter type
7.2.7.3.Market size and forecast, by vehicle type

7.2.8.Mexico

7.2.8.1.Market size and forecast, by propulsion
7.2.8.2.Market size and forecast, by inverter type
7.2.8.3.Market size and forecast, by vehicle type

7.3.EUROPE

7.3.1.Key market trends and opportunities
7.3.2.Market size and forecast, by propulsion
7.3.3.Market size and forecast, by inverter type
7.3.4.Market size and forecast, by vehicle type
7.3.5.Market size and forecast, by Country
7.3.6.Germany

7.3.6.1.Market size and forecast, by propulsion
7.3.6.2.Market size and forecast, by inverter type
7.3.6.3.Market size and forecast, by vehicle type

7.3.7.UK

7.3.7.1.Market size and forecast, by propulsion
7.3.7.2.Market size and forecast, by inverter type
7.3.7.3.Market size and forecast, by vehicle type

7.3.8.France

7.3.8.1.Market size and forecast, by propulsion
7.3.8.2.Market size and forecast, by inverter type
7.3.8.3.Market size and forecast, by vehicle type

7.3.9.Italy

7.3.9.1.Market size and forecast, by propulsion
7.3.9.2.Market size and forecast, by inverter type
7.3.9.3.Market size and forecast, by vehicle type

7.3.10.Spain

7.3.10.1.Market size and forecast, by propulsion
7.3.10.2.Market size and forecast, by inverter type
7.3.10.3.Market size and forecast, by vehicle type

7.3.11.Rest of Europe

7.3.11.1.Market size and forecast, by propulsion
7.3.11.2.Market size and forecast, by inverter type
7.3.11.3.Market size and forecast, by vehicle type

7.4.ASIA PACIFIC

7.4.1.Key market trends and opportunities
7.4.2.Market size and forecast, by propulsion
7.4.3.Market size and forecast, by inverter type
7.4.4.Market size and forecast, by vehicle type
7.4.5.Market size and forecast, by Country
7.4.6.China

7.4.6.1.Market size and forecast, by propulsion
7.4.6.2.Market size and forecast, by inverter type
7.4.6.3.Market size and forecast, by vehicle type

7.4.7.India

7.4.7.1.Market size and forecast, by propulsion
7.4.7.2.Market size and forecast, by inverter type
7.4.7.3.Market size and forecast, by vehicle type

7.4.8.Japan

7.4.8.1.Market size and forecast, by propulsion
7.4.8.2.Market size and forecast, by inverter type
7.4.8.3.Market size and forecast, by vehicle type

7.4.9.South Korea

7.4.9.1.Market size and forecast, by propulsion
7.4.9.2.Market size and forecast, by inverter type
7.4.9.3.Market size and forecast, by vehicle type

7.4.10.Rest of Asia Pacific

7.4.10.1.Market size and forecast, by propulsion
7.4.10.2.Market size and forecast, by inverter type
7.4.10.3.Market size and forecast, by vehicle type

7.5.LAMEA

7.5.1.Key market trends and opportunities
7.5.2.Market size and forecast, by propulsion
7.5.3.Market size and forecast, by inverter type
7.5.4.Market size and forecast, by vehicle type
7.5.5.Market size and forecast, by Country
7.5.6.Latin America

7.5.6.1.Market size and forecast, by propulsion
7.5.6.2.Market size and forecast, by inverter type
7.5.6.3.Market size and forecast, by vehicle type

7.5.7.Middle East

7.5.7.1.Market size and forecast, by propulsion
7.5.7.2.Market size and forecast, by inverter type
7.5.7.3.Market size and forecast, by vehicle type

7.5.8.Africa

7.5.8.1.Market size and forecast, by propulsion
7.5.8.2.Market size and forecast, by inverter type
7.5.8.3.Market size and forecast, by vehicle type

CHAPTER 8:  COMPANY PROFILES

8.1.APTIV

8.1.1.Company overview
8.1.2.Key Executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Business performance
8.1.7.Key strategic moves and developments

8.2.CONTINENTAL AG

8.2.1.Company overview
8.2.2.Key Executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.Business performance
8.2.7.Key strategic moves and developments

8.3.DENSO CORPORATION

8.3.1.Company overview
8.3.2.Key Executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.Business performance
8.3.7.Key strategic moves and developments

8.4.HITACHI AUTOMOTIVE SYSTEMS LTD

8.4.1.Company overview
8.4.2.Key Executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.Business performance
8.4.7.Key strategic moves and developments

8.5.INFINEON TECHNOLOGIES AG

8.5.1.Company overview
8.5.2.Key Executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Business performance
8.5.7.Key strategic moves and developments

8.6.MEIDENSHA CORPORATION

8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.Business performance
8.6.7.Key strategic moves and developments

8.7.MITSUBISHI ELECTRIC CORPORATION

8.7.1.Company overview
8.7.2.Key Executives
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.Business performance
8.7.7.Key strategic moves and developments

8.8.ROBERT BOSCH GMBH

8.8.1.Company overview
8.8.2.Key Executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.Business performance
8.8.7.Key strategic moves and developments

8.9.TOYOTA INDUSTRIES CORPORATION

8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.Business performance
8.9.7.Key strategic moves and developments

8.10.VALEO GROUP

8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.Business performance
8.10.7.Key strategic moves and developments

Note:
o*Details on financial performance and strategic moves and developments may not be captured for unlisted companies.
o*List of companies profiled in this TOC is tentative and may change after detailed analysis.
o*Market size and forecast will be provided from 2020-2030, and forecast period would be 2021-2030.

LIST OF TABLES

TABLE 1.GLOBAL ELECTRIC VEHICLE POWER INVERTER MARKET, BY PROPULSION 2020-2030 ($MILLION)
TABLE 2.ELECTRIC VEHICLE POWER INVERTER MARKET FOR FULL HYBRID VEHICLE, BY REGION,  2020-2030 ($MILLION)
TABLE 3.ELECTRIC VEHICLE POWER INVERTER MARKET FOR PLUG IN HYBRID VEHICLE, BY REGION,  2020-2030 ($MILLION)
TABLE 4.ELECTRIC VEHICLE POWER INVERTER MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION,  2020-2030 ($MILLION)
TABLE 5.GLOBAL ELECTRIC VEHICLE POWER INVERTER MARKET, BY INVERTER TYPE 2020-2030 ($MILLION)
TABLE 6.ELECTRIC VEHICLE POWER INVERTER MARKET FOR TRACTION INVERTER, BY REGION,  2020-2030 ($MILLION)
TABLE 7.ELECTRIC VEHICLE POWER INVERTER MARKET FOR SOFT SWITCHING INVERTER, BY REGION,  2020-2030 ($MILLION)
TABLE 8.GLOBAL ELECTRIC VEHICLE POWER INVERTER MARKET, BY VEHICLE TYPE 2020-2030 ($MILLION)
TABLE 9.ELECTRIC VEHICLE POWER INVERTER MARKET FOR PASSENGER VEHICLE, BY REGION,  2020-2030 ($MILLION)
TABLE 10.ELECTRIC VEHICLE POWER INVERTER MARKET FOR COMMERCIAL VEHICLE, BY REGION,  2020-2030 ($MILLION)
TABLE 11.ELECTRIC VEHICLE POWER INVERTER MARKET FOR , BY REGION, , 2020-2030 ($MILLION)
TABLE 12.NORTH AMERICA ELECTRIC VEHICLE POWER INVERTER, BY PROPULSION 2020-2030 ($MILLION)
TABLE 13.NORTH AMERICA ELECTRIC VEHICLE POWER INVERTER, BY INVERTER TYPE 2020-2030 ($MILLION)
TABLE 14.NORTH AMERICA ELECTRIC VEHICLE POWER INVERTER, BY VEHICLE TYPE 2020-2030 ($MILLION)
TABLE 15.NORTH AMERICA ELECTRIC VEHICLE POWER INVERTER, BY REGION,  2020-2030 ($MILLION)
TABLE 16.EUROPE ELECTRIC VEHICLE POWER INVERTER, BY PROPULSION 2020-2030 ($MILLION)
TABLE 17.EUROPE ELECTRIC VEHICLE POWER INVERTER, BY INVERTER TYPE 2020-2030 ($MILLION)
TABLE 18.EUROPE ELECTRIC VEHICLE POWER INVERTER, BY VEHICLE TYPE 2020-2030 ($MILLION)
TABLE 19.EUROPE ELECTRIC VEHICLE POWER INVERTER, BY REGION,  2020-2030 ($MILLION)
TABLE 20.ASIA PACIFIC ELECTRIC VEHICLE POWER INVERTER, BY PROPULSION 2020-2030 ($MILLION)
TABLE 21.ASIA PACIFIC ELECTRIC VEHICLE POWER INVERTER, BY INVERTER TYPE 2020-2030 ($MILLION)
TABLE 22.ASIA PACIFIC ELECTRIC VEHICLE POWER INVERTER, BY VEHICLE TYPE 2020-2030 ($MILLION)
TABLE 23.ASIA PACIFIC ELECTRIC VEHICLE POWER INVERTER, BY REGION,  2020-2030 ($MILLION)
TABLE 24.LAMEA ELECTRIC VEHICLE POWER INVERTER, BY PROPULSION 2020-2030 ($MILLION)
TABLE 25.LAMEA ELECTRIC VEHICLE POWER INVERTER, BY INVERTER TYPE 2020-2030 ($MILLION)
TABLE 26.LAMEA ELECTRIC VEHICLE POWER INVERTER, BY VEHICLE TYPE 2020-2030 ($MILLION)
TABLE 27.LAMEA ELECTRIC VEHICLE POWER INVERTER, BY REGION,  2020-2030 ($MILLION)
TABLE 28.APTIV: COMPANY SNAPSHOT
TABLE 29.APTIV: OPERATING SEGMENTS
TABLE 30.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 31.CONTINENTAL AG: OPERATING SEGMENTS
TABLE 32.DENSO CORPORATION: COMPANY SNAPSHOT
TABLE 33.DENSO CORPORATION: OPERATING SEGMENTS
TABLE 34.HITACHI AUTOMOTIVE SYSTEMS LTD: COMPANY SNAPSHOT
TABLE 35.HITACHI AUTOMOTIVE SYSTEMS LTD: OPERATING SEGMENTS
TABLE 36.INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT
TABLE 37.INFINEON TECHNOLOGIES AG: OPERATING SEGMENTS
TABLE 38.MEIDENSHA CORPORATION: COMPANY SNAPSHOT
TABLE 39.MEIDENSHA CORPORATION: OPERATING SEGMENTS
TABLE 40.MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
TABLE 41.MITSUBISHI ELECTRIC CORPORATION: OPERATING SEGMENTS
TABLE 42.ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 43.ROBERT BOSCH GMBH: OPERATING SEGMENTS
TABLE 44.TOYOTA INDUSTRIES CORPORATION: COMPANY SNAPSHOT
TABLE 45.TOYOTA INDUSTRIES CORPORATION: OPERATING SEGMENTS
TABLE 46.VALEO GROUP: COMPANY SNAPSHOT
TABLE 47.VALEO GROUP: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1.GLOBAL ELECTRIC VEHICLE POWER INVERTER MARKET SEGMENTATION
FIGURE 2.TOP INVESTMENT POCKET
FIGURE 3.TOP WINNING STRATEGIES (%)
FIGURE 4.ELECTRIC VEHICLE POWER INVERTER MARKET FOR FULL HYBRID VEHICLE, 2020-2030 ($MILLION)
FIGURE 5.ELECTRIC VEHICLE POWER INVERTER MARKET FOR PLUG IN HYBRID VEHICLE, 2020-2030 ($MILLION)
FIGURE 6.ELECTRIC VEHICLE POWER INVERTER MARKET FOR BATTERY ELECTRIC VEHICLE, 2020-2030 ($MILLION)
FIGURE 7.ELECTRIC VEHICLE POWER INVERTER MARKET FOR TRACTION INVERTER, 2020-2030 ($MILLION)
FIGURE 8.ELECTRIC VEHICLE POWER INVERTER MARKET FOR SOFT SWITCHING INVERTER, 2020-2030 ($MILLION)
FIGURE 9.ELECTRIC VEHICLE POWER INVERTER MARKET FOR PASSENGER VEHICLE, 2020-2030 ($MILLION)
FIGURE 10.ELECTRIC VEHICLE POWER INVERTER MARKET FOR COMMERCIAL VEHICLE, 2020-2030 ($MILLION)
FIGURE 11.GLOBAL ELECTRIC VEHICLE POWER INVERTER, BY REGION,  2020 (%)
FIGURE 12.US ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 13.CANADA ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 14.MEXICO ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 15.GERMANY ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 16.UK ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 17.FRANCE ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 18.ITALY ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 19.SPAIN ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 20.REST OF EUROPE ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 21.CHINA ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 22.INDIA ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 23.JAPAN ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 24.SOUTH KOREA ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 25.REST OF ASIA PACIFIC ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 26.LATIN AMERICA ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 27.MIDDLE EAST ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)
FIGURE 28.AFRICA ELECTRIC VEHICLE POWER INVERTER MARKET, 2020-2030 ($MILLION)


 
 
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Why Allied Market Research?

 

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