Global “Automotive Power Electronics in Electric Vehicles Market” Report 2020 offers Complete analysis of industry status and outlook of major regions based on of key players, countries, product types, and end industries. This report focuses on the Automotive Power Electronics in Electric Vehicles in Global market, especially in United States, Europe, China, Japan, South Korea, North America, India. Automotive Power Electronics in Electric Vehicles Market report categorizes the market based on manufacturers, regions, type and application. Automotive Power Electronics in Electric Vehicles Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data.
Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. Automotive Power Electronics in Electric Vehicles Market report categorizes the market based on manufacturers, regions, type, and application. Automotive Power Electronics in Electric Vehicles Market reports offer a detailed assessment of the Automotive Power Electronics in Electric Vehicles including enabling technologies, current market situation, market assumptions, restraining factors.
List of Top Key-players in 2020 of Automotive Power Electronics in Electric Vehicles Market:-
- Renesas Electronics Corporation
- Microsemi Corporation
- Freescale Semiconductor
- Texas Instruments
- STMicroelectronics NV
- Rockwell Automation
- Vishay Intertechnology
- Fairchild Semiconductor International
- NXP Semiconductors N.V.
- Kongsberg Automotive Holding ASA
- Toshiba Corporation
- Aptiv PLC
- Valeo Group
- Toyota Industries Corportion
- Mitusbishi Electric Corporation.
The Global Automotive Power Electronics in Electric Vehicles market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The global automotive power electronics in electric vehicles market is expected to register a CAGR of 17.2% during the forecast period 2018 – 2023. The increase in the sale of electric and hybrid vehicles is anticipated to drive the power electronics market in the coming five years. Electric vehicles have already gathered huge popularity globally, especially from the European and North American countries.
Growing Electric Vehicles Sales Driving the Demand for Power Electronics Market
Growing awareness regarding vehicle emissions and increase in the government initiative to encourage the use of electric vehicles is driving the growth of electric vehicles and in turn, the market for power electronics in EVs.
China is leading in electric vehicle sales across the world, which recorded 336,000 sales of battery electric vehicles and plug-in hybrid vehicles in 2016 and continued to see increased sales in the following years, owing to the increasing electric buses for public transport.
The advent of high power switching devices has brought about a wide range of comprehensive application of electronic converters for energy conversion and motion control in an electric vehicle. Electric vehicles are now employing high voltage power electronics for the traction drive motors. The power electronics constitute around 30% of the total cost of an electric vehicle.
Increasing Demand for Light Weight Switching Power Supplies in Electric Vehicles
The development of a reliable lightweight switching power supplies would likely help to drive the power electronics in electric vehicles. The adaption of electronics in powertrain systems on electric vehicle concepts is primarily augmented by the increased efforts of the regional governments and environmental agencies (EPA) to lower emission levels during the last two years. Inverters and power converters account for the majority in the power electronics of an electric vehicle market. The demand for lightweight, multi portable devices that are likely to drive the growth of advanced power electronics significantly. Growing demand for electric passenger and light commercial vehicles from the developing economies, such as China, India, and the Latin American countries (Brazil and Mexico) are anticipated to drive the growth of the market during the forecasted period. However high cost associated with electric vehicles will slightly hinder the growth of the power electronics market.
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The global Automotive Power Electronics in Electric Vehicles market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Highlighted points of Automotive Power Electronics in Electric Vehicles Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
Key Developments in the Automotive Power Electronics in Electric Vehicles Market: of the Market:
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This Automotive Power Electronics in Electric Vehicles Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Automotive Power Electronics in Electric Vehicles? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Automotive Power Electronics in Electric Vehicles Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Automotive Power Electronics in Electric Vehicles Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Power Electronics in Electric Vehicles Market?
- What Is Current Market Status of Automotive Power Electronics in Electric Vehicles Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Power Electronics in Electric Vehicles Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Automotive Power Electronics in Electric Vehicles Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Automotive Power Electronics in Electric Vehicles Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Automotive Power Electronics in Electric Vehicles Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Automotive Power Electronics in Electric Vehicles Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Automotive Power Electronics in Electric Vehicles Industry?
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Finally, the report Global Automotive Power Electronics in Electric Vehicles Market 2020 describes the Automotive Power Electronics in Electric Vehicles industry expansion game plan, the Automotive Power Electronics in Electric Vehicles industry knowledge supply, appendix, analysis findings, and the conclusion.
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