Authored By: Sarah
13 Apr 2022

Electric Vehicle Power Inverter: Discover Key Drivers that will Boost Growth

 Continental AG, DENSO Corp., Hitachi Ltd., Infineon Technologies AG, Meidensha Corp., Mitsubishi Electric Corp., and Robert Bosch GmbH are among the key vendors discussed in the research report

Technavio’s Electric Vehicle Power Inverter Market is set to grow by $ 6.09 billion, and the market will progressing at a CAGR of over 8% till 2025. This research report identifies and analyses the growth drivers that will boost market growth. It also provides a thorough understanding of all the segments, trends and challenges that are likely to have an impact on the future prospects fo the market in focus.


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Electric Vehicle Power Inverter Market: Top Drivers for Growth

Technavio has identified increasing sales of BEVs and PHEVs as one of the key factors that will drive this market. This research report provides a comprehensive analysis of this and all the other factors that will propel market growth. The report also takes into account the current market scenario, trends, and challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Electric Vehicle Power Inverter Market to Grow by $ 6.09 Billion During 2021-2025 | Growth Drivers and Related Markets

Electric Vehicle Power Inverter Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Electric Vehicle Power Inverter Market is segmented by Application (Full hybrids, Pure EV, Plug-in hybrids, Commercial HEV, and Mild hybrids) and Geography (APAC, Europe, North America, South America, and MEA). Request our Free Sample Report

Browse through some of our other related reports for more insights into the market in focus:

  • Solar Hybrid Inverter Market: Technavio has been monitoring the global solar hybrid inverter market and it is expected to grow by $ 76.44 million, accelerating at a CAGR of almost 10% during the forecast period.
  • Global Renewable Energy Inverters Market: The renewable energy inverters market and it is expected to grow by $ 8.43 billion, decelerating at a CAGR of almost 10.9% during the forecast period.

Electric Vehicle Power Inverter Market: Vendor Analysis

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Aptiv Plc, Continental AG, DENSO Corp., Hitachi Ltd., Infineon Technologies AG, Meidensha Corp., Mitsubishi Electric Corp., Robert Bosch GmbH, Toyota Industries Corp., and Valeo SA are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 8%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 6.09 billion through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing sales of BEVs and PHEVs will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    42% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Aptiv Plc, Continental AG, DENSO Corp., Hitachi Ltd., Infineon Technologies AG, Meidensha Corp., Mitsubishi Electric Corp., Robert Bosch GmbH, Toyota Industries Corp., and Valeo SA

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (Full hybrids, Pure EV, Plug-in hybrids, Commercial HEV, and Mild hybrids) and Geography (APAC, Europe, North America, South America, and MEA)
     

Electric Vehicle Power Inverter Market Growth Analysis | Trends, Drivers and Vendor Forecasts 
Recovery and Growth Insights for 2021-2025

Electric vehicle power inverter market is set to post an incremental growth of $ 6.09 bn during 2021-2025. The market will progressing at a CAGR of over 8.14% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.


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Electric Vehicle Power Inverter Market: Segments and Key Trends

This report provides a detailed analysis of the market by Application (Full hybrids, Pure EV, Plug-in hybrids, Commercial HEV, and Mild hybrids) and Geography (APAC, Europe, North America, South America, and MEA). 42% of the market growth will originate from APAC during the forecast period. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Electric Vehicle Power Inverter Market to Grow by $ 6.09 Billion During 2021-2025 | Growth Drivers and Related Markets

Vendor Analysis: Aptiv Plc, Continental AG and DENSO Corp. are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aptiv Plc, Continental AG, DENSO Corp., Hitachi Ltd., Infineon Technologies AG, Meidensha Corp., Mitsubishi Electric Corp., Robert Bosch GmbH, Toyota Industries Corp., and Valeo SA are some of the major market participants. For more insights on this market: Download a Free Sample Report

Electric Vehicle Power Inverter Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive electric vehicle power inverter market growth during the next five years
  • Precise estimation of the electric vehicle power inverter market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric vehicle power inverter market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric vehicle power inverter market vendors
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