$ 6.09 Bn Growth Opportunity in Electric Vehicle Power Inverter Market 2021-2025 | Analysis of 25+ Companies | 17,000+ Technavio Research Reports

NEW YORK, Aug. 30, 2021 /PRNewswire/ -- A new market research report on the global electric vehicle power inverter market has been released by Technavio. The market is expected to grow by USD 6.09 billion, progressing at a CAGR of over 8% during 2021-2025. The report presents detailed information on the upcoming trends, challenges, and uncovers successful business strategies adopted by vendors during the crisis.

Latest market research report titled Electric Vehicle Power Inverter Market by Application and Geography - Forecast and Analysis 2021-2025 has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years

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Electric Vehicle Power Inverter Market Report: Major Facts

Released: Jul 2021

Forecast years: 2021-2025

No. of Exhibits: 109

Companies covered: 25+ companies including dominant players such as Aptiv Plc , Continental AG , DENSO Corp. , Hitachi Ltd. , and Infineon Technologies AG .

Coverage: Application segment and geographical landscape

Segmentation by Application: Based on the application, the market is segmented by full hybrids, pure EV, plug-in hybrids, commercial HEV, and mild hybrids. The full hybrids generated maximum revenue in the market in 2020. The growth of the segment can be attributed to the rising number of partnerships and collaborations among automotive companies to leverage EV technology. Also, the aggressive promotional activities by automakers will contribute to the growth of the market during the forecast period.

Segmentation by Geography: The electric vehicle power inverter market size is analyzed across APAC, Europe, North America, South America, and MEA. APAC is currently the largest market for electric vehicle power inverters and the region is expected to retain its position over the forecast period. The electric vehicle power inverter market in APAC is mainly driven by the rising adoption of EVs. China is the key market for electric vehicle power inverters in APAC.

Major Growth Driver:

The global electric vehicle power inverter market is driven by the increasing sales of BEVs and PHEVs. The global sales of EVs have increased significantly over the years. For instance, in H1 2019, the sales of battery electric vehicles (BEVs) grew over 90% when compared to H1 2018. Similarly, in the UK the sales of plug-in hybrid vehicles (PHEVs) accounted for around 7% of the total vehicle sales in June 2021. The growing sales of such vehicles is increasing the demand for various automobile components including electric vehicle power inverters, thereby driving the growth of the market.

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Table of contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Full hybrids - Market size and forecast 2020-2025
  • Pure EV - Market size and forecast 2020-2025
  • Plug-in hybrids - Market size and forecast 2020-2025
  • Commercial HEV - Market size and forecast 2020-2025
  • Mild hybrids - Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Aptiv Plc
  • Continental AG
  • DENSO Corp.
  • Hitachi Ltd.
  • Infineon Technologies AG
  • Meidensha Corp.
  • Mitsubishi Electric Corp.
  • Robert Bosch GmbH
  • Toyota Industries Corp.
  • Valeo SA

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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Technavio Research
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Email: media@technavio.com
Website: www.technavio.com
Report: www.technavio.com/report/electric-vehicle-power-inverter-market-industry-analysis
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