Press release
Automotive Power Electronics Market Key Major Factors that can Increase the Global Demand by 2026
Automotive Power Electronics Market
Increase in demand for energy-efficient battery-powered devices is expected to boost the market. Further, rise in modernization of vehicles to impact the power electronics market accelerates the growth of the market. However, slow adoption rate of advanced technologies in developing countries is expected to hamper the growth of the market during the forecast period. Moreover, the rise in demand for connected car devices and electric vehicles is anticipated to fuel the market in upcoming years.
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The automotive power electronics market is segmented on the basis of application, component, vehicle type, electric vehicle type, and geography. By application, the market is divided into powertrain & chassis, body electronics, safety & security, and infotainment & telematics. By component, the market is classified into micro controller unit, power integrated unit and sensor. By vehicle type, the market is bifurcated into passenger cars and commercial vehicles. By electric vehicle type, the market is categorized into battery electric vehicle, plug-in hybrid electric vehicle, and hybrid electric vehicle.
Key Benefits :
* This report provides an extensive analysis of the current and emerging market trends and dynamics in the global automotive power electronics market.
* In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.
* Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
* Comprehensive analysis of all regions is provided that determines the prevailing opportunities in these geographies.
* Key market players are profiled and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the market.
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Automotive Power Electronics Market Key Segments:
By Application
* Powertrain & Chassis
* Body Electronics
* Safety & Security
* Infotainment and Telematics
* By Component
* Microcontroller Unit (MCU)
* Power Integrated Circuit
* Sensors
By Vehicle Type
* Passenger Car
* Commercial Vehicle
By Electric Vehicle Type
* Battery Electric Vehicle
* Plug-in Hybrid Electric Vehicle
* Hybrid Electric Vehicle
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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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