Automotive Power Electronics Market 2018 Global Industry Analysis By Key Players, Size, Share To 2023 - Infineon Technologies, Mitsubishi, NXP Semiconductors, Qualcomm, And Bosch

Automotive Power Electronics Market to register high growth rate during the forecast period. Market research future published a research report on Global Automotive Power Electronics Market. Automotive Power Electronics market is expected to grow at a CAGR of around 5.12% during the period 2018 to 2023. Automotive Power Electronics Market Information Report by Component (MCU, Power IC, Sensor), Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, and Safety & Security System), by Electric Vehicle Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV) and Plug-in Hybrid Electric Vehicles (PHEV), by Vehicle Type (Passenger car and Commercial Vehicle) and region.

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Global Automotive Power Electronics Market:

In the last three to four years, the demand for electric vehicles in the United States has been rapidly increasing, with year-on-year sales growth of 70%. Along with the United States, Norway has also put a step ahead and has shifted more focus towards electric vehicles. As per the market statistics, every third new car is electric and the country has the highest proportion of 6.4% worldwide, followed by Sweden i.e. 3.4%. The growth of electric vehicles is increasing across the globe and since 2014, the sales doubled. As of 2016, near about 777,500 electric vehicles have been sold worldwide. The increase of electric vehicles will be due to increase fuel price, which is expected to result in the growing demand of power electronics. This will result in the growth of the market during the forecast period.

On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. North America region is expected to dominate the market during the forecast period due to increase in use of advance technology in electric vehicle in this region. Asia Pacific region is expected to witness the highest growth during forecast period due to increase in sales of electric vehicle in this region. As a result of increasing prosperity in the emerging economies, more and more people are able to own cars, particularly in emerging Asian economies such as China and India. This will result in increased use of power electronics in this region, which will drive the market during the forecast period.

Major Table of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter's Five Forces Analysis

Continued...

List of Tables:

TABLE 1 GLOBAL POWER ELECTRONICS MARKET: BY REGION, 2017-2023

TABLE 2 NORTH AMERICA POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023

TABLE 3 EUROPE POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023

TABLE 4 ASIA PACIFIC POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023

TABLE 5 MIDDLE EAST & AFRICA POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023

Continued...

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