Press release
Top 10 Automotive Power Electronics Market Players Competitive Analysis by Fuji Electric Co. Ltd., Infineon Technologies, NXP Semiconductors, Robert Bosch GmbH and More by 2025
Automotive Power Electronics Market
The report provides forecast and analysis of the global automotive power electronics market. It provides market overview of global automotive power electronics market of in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the automotive power electronics market and their impact on each country during the forecast period 2018 To 2023.
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The market based on vehicle type can be segmented into passenger car, light commercial vehicle and heavy commercial vehicle. Globally, passenger cars lead the automotive market in terms of volume. Also, the consumer outlook for technologically advanced and fuel efficient vehicles boosts the growth of power electronics in the passenger car segment. Additionally, in developed countries, the rise in government initiatives for safety features in passenger car anticipates the growth of market for power electronics in automotive during the forecast period.
Power electronics is an assembly of various components like microcontroller, power integrated circuit, sensor and transceivers. The automotive OEMs are collaborating with semiconductor component companies to manufacture technologically advanced power electronic components which will utilize efficient power to components such as active and passive sensors, high RAM-microcontrollers, and advanced power integrated circuits. In this segment, sensors are of several types like image, oxygen, pressure, position, speed, temperature and others. Owing to this factor, the sensor segment dominates the automotive power electronics market during the forecast period.
Based on electric vehicle type, the market is segmented as, Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle. Power electronics market in this segment is dominated by hybrid electric vehicles. This can be majorly attributed to the leading growth of HEVs. These vehicles play an important role in controlling of carbon levels of the transport sector along with reducing the dependence on fossil fuels. The increase in consumer preference for fuel efficient enhanced cars anticipates the growth of automotive power electronics market till 2025.
The automotive power electronics market based on geography is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for automotive power electronics in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The automotive power electronics market report includes market size and analysis for all the above-mentioned regions and countries for application, vehicle type, electric vehicle type, component and system.
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The Automotive Power Electronics Market report includes the following sections in TOC:
The market report includes the following sections:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Global Automotive Power Electronics Market – Market Dynamics
Drivers
Restraints
Opportunities
Chapter 4: Global Automotive Power Electronics Market – By Application
Body Electronics
Chassis and Powertrain
Infotainment and Telematics
Safety and Security
Chapter 5: Global Automotive Power Electronics Market – By Vehicle
Passenger Car
Light Commercial Vehicle
Heavy Commercial
Chapter 6: Global Automotive Power Electronics Market – By Electric Vehicle
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
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