Press release
Automotive Power Electronics Market Growth Opportunities, Advanced Technologies, Share, Type, Application and Top Key Company’s (ABB, Microsemi, Freescale Semiconductor, Rockwell Automation, Toshiba) | Global Foreseen Till 2023
Marketprognosis.com Publish a New Market Research Report On “Global Automotive Power Electronics Market - Analysis of Growth, Trends and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.Overview of the Global Automotive Power Electronics Market:
The report spread across 87 pages is an overview of the Global Automotive Power Electronics Market - Analysis of Growth, Trends and Forecasts (2018 - 2023). These report study based on the Automotive Power Electronics Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.
Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/15838 .
The Global Automotive Power Electronics Market is expected to grow at an impressive CAGR from 2018 to 2023. Integration of advanced driver assistance, safety and convenience systems in almost all automotive vehicles will be the major factor boosting the demand for automotive power electronics. In addition, the increase in sale of electric and hybrid vehicles will considerably help the market to grow over the forecast period. Hybrid electric vehicles have already gathered a huge momentum globally, especially from the European and North American countries. This popularity of hybrid technology will help the growth of power electronics market to a reasonable extent. The dominance of electrics and electronics in these vehicles will constitute the bulk of the share in Automotive Power Electronics Market.
Incorporating electrical components and replacing the conventional mechanical and hydraulic loads in the powertrain will help to improve efficiency in the vehicle by about 20%. The use of power electronics in powertrain systems for better engine propulsion, like that in controlling the engine parts or for transmission and controls, will be a major trend in the market during the forecast period. The adoption of electronics in powertrain systems will be more applicable in electric vehicle concepts - hybrid (HEV) and pure (EV) with increased efforts by the regional governments and environmental agencies to lower emission levels.
The Global Automotive Power Electronics Market is segmented by Device Type, Application and Geography. Among the different types of Automotive Power Electronics Applications, body electronics accounts for the majority, followed by safety and convenience systems. Powertrain and emission control are some of the other major power electronics applications in an automotive. The demand for lightweight multi-portable devices will help to drive the growth of advanced power electronics significantly.
Growing demand for passenger and light commercial vehicles from developing economies such as China, India and the Latin American countries (Brazil and Mexico) will help to drive the market growth in the forecast period. Global economic uncertainty and a declining growth rate in production will pose a hindrance to the automotive electronics market.
Purchase this report online with 87 Pages, Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/15838 .
Major Key Players:
1 ABB Ltd
2 Microsemi Corporation
3 Freescale Semiconductor, Inc.
4 Texas Instruments, Inc.
5 Stmicroelectronics Nv
6 Rockwell Automation, Inc.
7 Microchip Technology
8 Toshiba and More……………..
Any Query? Ask to our Expert @ https://www.marketprognosis.com/enquiry/15838 .
This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What is driving this market?
4 What are the challenges to market growth?
5 Who are the key vendors in this market space?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the strengths and weaknesses of the key vendors?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Automotive Power Electronics Market.
Table of Contents:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Key Findings Of The Study
5 Market Overview And Technology Trends
6 Market Dynamics
7 Global Automotive Power Electronics Market, By Tire Type
8 Global Automotive Power Electronics Market, By End Consumers
9 Global Automotive Power Electronics Market, By Vehicle Type
10 Global Automotive Power Electronics Market, By Geography
11 Competitive Landscape
12 Key Vendor Analysis
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
ProgMark Pvt. Ltd.
Thane – 421501
India.
sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com
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