Automotive Powertrain Electronics Market Global Industry Size, Outlook, Share, Demand, Manufacturers and 2027 Forecast

The automotive industry is very concentrated; there is over 80% share of top-10 global automakers in worldwide manufacturing and almost 90% share of total vehicles sold in the United States. The American auto industry used to be controlled by the “Big Three” but over the past decade several other automakers have made a move to the U.S. and became successful. This means that the US industry is losing some of its shares and most of its dominance not only in American market but also in the global market.

The global Automotive Powertrain Electronics Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

The global automotive powertrain electronics market is likely to gain impetus from the rising usage of DC fast charging. Nowadays, the electric vehicle (EV) sector is taking the charger out of some vehicles and are storing them off-board for other usage. Fortune Business Insights™ published this information in a recent report, titled, “Automotive Powertrain Electronics Market Size, Share & Industry Analysis, By Component Type (Electric Motor, Inverter, DC/DC Converter, Battery Management System, Cell Module Controller, On Board Charger), By Vehicle Type (Passenger Cars, Commercial Vehicles), and Regional Forecast, 2019-2026.” The report further mentions that the automotive powertrain electronics market size was USD 49.55 billion in 2018 and is projected to reach USD 83.47 billion by 2026, exhibiting a CAGR of 7.0% during the forecast period.

Fortune Business Insights™ presents a list of all the companies operating in the global market.

They are as follows:

Continental AG (Germany)
Texas Instruments Inc. (U.S.)
NXP Semiconductors (Netherlands)
Robert Bosch GmbH (Germany)
Renesas Electronics Corporation (Japan)
Infineon Technologies AG (Germany)
Mitsubishi Electric Corporation (Japan)
Toshiba Corporation (Japan)
Other


Get Sample PDF Brochure with Impact of COVID-19 Analysis:

https://www.fortunebusinessinsights.com/enquiry/covid19-impact/automotive-powertrain-electronics-market-102856



Reasons to Purchase this Report:

Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
This Report Answers the Following Questions:

What are the growth drivers and obstacles of the market?
How will the key companies intensify competition in the near future?
Which region would dominate by gaining the maximum revenue?
What are the major trends, opportunities, and challenges in the market?
Drivers & Restraints-

Rising Standardization of Core Product Segment to Augment Growth

The standardization of core product segments is one of the major factors driving the automotive powertrain electronics market growth. These consist of 40 to 150 kW inverters or 48V systems. It would help in reducing the obstacles required for the tier-2 suppliers of semiconductors to enter the market. They would eventually increase pressure on the average selling price of the system and hence, surge competition.

Apart from that, the automotive powertrain electronics are gaining popularity owing to the adoption of EVs. This is mainly occurring as the auto industry is trying to lower the cost of batteries and satisfy the consumer demand. However, there is a threat to the advancement of EVs as there are shortages of the supply of dysprosium. It may obstruct market growth.

Segment-

Inverter Segment to Grow Steadily Backed by Ongoing Technological Advancements

Based on component type, the inverter segment held 34.83% automotive powertrain electronics market share in 2018. This growth is attributable to the rising technological innovations in battery and inverter technologies. These are aiding in the improvement of the range of electric vehicles (EVs). Additionally, the price of EVs may reduce because of the development of such novel technologies. It would also upsurge the demand for inverters worldwide.

Report Focus on:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates


Check Discounted Rates(Limited Period Offer) :

https://www.fortunebusinessinsights.com/enquiry/check-discount/automotive-powertrain-electronics-market-102856



Regional Analysis-

Asia Pacific to Dominate Stoked by Expansion of Automotive Industry

The market is regionally segregated into Asia Pacific, Europe, North America, and the rest of the world. Out of these, Asia Pacific generated USD 23.28 billion revenue in 2018 and is set to lead the market throughout the forecast period. This growth is attributable to the expansion of the automotive industry in the developing countries, such as India and China.

Also, the high volume markets, as well as the rising demand for innovative safety and electronic features in passenger cars are likely to contribute to the market growth in this region. Europe is set to remain in the second position backed by the increasing usage of electric vehicles in this region. In addition to that, the governments of various European countries are implementing stringent norms on commercial vehicles and passenger cars to lower the carbon emissions.

Competitive Landscape-

Key Players Focus on Collaboration Strategy to Gain Competitive Edge

The major companies present in the market are striving persistently to invest huge sums in the development of state-of-the-art products. It would help them in strengthening their position and widening their reach in the market. They are also adopting the strategy of collaborations and partnerships to gain a competitive edge.



Speak to our Experts for a detailed Overview:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/automotive-powertrain-electronics-market-102856



Below is a key industry development:

November 2018: NXP Semiconductors N.V. joined hands with VEPCO Technologies, Inc. to develop a high-voltage, ASIL-D-capable inverter prototype and power control reference platform. The platform consists of a Fuji Electric 800V silicon IGBT power module. It is blended with temperature and current sensing.

Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

This release was published on openPR.