Power Electronics for Electric Vehicle Market Size, Share, Industry Analysis, Trends and Forecast to 2027
“The power electronics for electric vehicle market size was valued at $2.59 billion in 2018, and is projected to reach $30.01 billion by 2026, growing at a CAGR of 35.5% from 2019 to 2026”
This market research study determines the increase in changes and the aspects which are likely to have an impact on the growth of the power electronics for electric vehicle market. Increased demand for the technologies is also one of the factors, which are likely to boost the growth of this industry. The market research study uses several tools and techniques which are used for the determination of the growth of the power electronics for electric vehicle market.
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The Report Answers the Following Key Questions
• Which are the leading market players active in the power electronics for electric vehicle market?
• What would be the detailed impact of COVID-19 on the power electronics for electric vehicle market size?
• How current power electronics for electric vehicle market trends would influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the power electronics for electric vehicle market?
• What are the projections for the future that would help in taking further strategic steps?
Power Electronics for Electric Vehicle Market Competitive Analysis:
• Denso Corporation
• Robert Bosch GmbH
• Infineon Technologies AG
• Delphi Technologies
• Continental AG
• Hitachi Automotive Systems, Ltd.
• Delphi Technologies
• Mitsubishi Electric Corporation
• Denso Corporation
These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.
COVID-19 Impact on the Power Electronics for Electric Vehicle Market:
Power electronics for electric vehicle market research report provides an overview of the industry based on key parameters such as market size, sales, sales analysis and key drivers. The market size of the market is expected to grow on a large scale during the forecast period (2020-2027).
This report covers the impact of the latest COVID-19 on the market. The coronavirus pandemic (COVID-19) has affected all aspects of life around the world. This has changed some of the market situation. The main purpose of the research report is to provide users with a broad view of the market. Initial and future assessments of rapidly.
COVID-19 Scenario Analysis:
• Global power electronics for electric vehicle market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for the market.
• Global factories have struggled to integrate new products as workers have stayed in their homes, which disrupted the global supply chains.
• The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for hybrid chips are gradually going to increase.
• This COVID-19 lockdown would help companies think about more advanced power electronics for electric vehicle to enhance efficiency.
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The report is also used in the analysis of the growth rates and the threats of new entrants, which are used for the determination of the growth of the market for the estimated forecast period. Moreover, increased demand for the factors influencing the growth of the market is also one of the major aspects which is likely covered in depth in the report.
One of the methods for the determination of the growth of the market is the increased use of the statistical tools, which is used for the estimation of the growth of the market for the estimated forecast period. SWOT analysis is one of the methods for the determination of the growth of the power electronics for electric vehicle market. These tools are also used for the determination of the major players for the growth of the market for the estimated forecast period.
This report focuses and highlights the strategies and the trends, in which the manufacturer and the company is likely to move. The research study is also known to provide in depth analysis of the reports which is one of the key aspects for the growth of the power electronics for electric vehicle market.
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The study covers the production, sales, and revenue of various top players in the power electronics for electric vehicle market, therefore enabling customers to achieve thorough information of the competition and henceforth plan accordingly to challenge them head on and grasp the maximum market share. This report is filled with significant statistics and information for the consumers to attain in-depth data of the power electronics for electric vehicle market growth.
Market segments are also an important aspect of any market research study. Reports are product based, they also includes information on sales channel, distributors, traders and dealers. This helps in efficient planning and execution of supply chain management as it drastically affects the overall operations of any business. The up-to-date, complete product knowledge, end users, industry growth will drive the profitability and revenue.
power electronics for electric vehicle market report studies the current state of the market to analyse the future opportunities and risks.
The research offers a detailed segmentation of the global power electronics for electric vehicle market. Key segments analysed in the research include application, end use, and region. Extensive analysis of sales, revenue, growth rate, and market share of each segment for the historic period and the forecast period is offered with the help of tables.
Power Electronics for Electric Vehicle Market Key Segments and Sub Segment Includes:
• On-board Charger
By End Use
• Electrically Powered Airborne Vehicles
The power electronics for electric vehicle market is analysed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
Our Report Offers:
• Evaluation of market share for regional and country-level segments.
• Market share analysis of top industry players.
• Strategic recommendations for new entrants.
• All mentioned segments, and regional market forecasts for the next 10 years.
• Market Trends (Drivers, Difficulties, Opportunities, Threats, Challenges, Investment Opportunities and Recommendations)
• Strategic recommendations in the main business segment of the market forecast.
• Competitive landscaping of major general trends.
• Company profiling with detailed strategy, financial and recent developments.
• Latest technological progress mapping supply chain trends.
Table of Content:
Chapter 1: Introduction
1.1. Report description
1.1. Key benefits for stakeholders
1.2. Key market segments
1.3. Research methodology
1.3.1. Primary research
1.3.2. Secondary research
1.3.3. Analyst tools and models
Chapter 2: Executive Summary
2.1. CXO perspective
Chapter 3: Market Overview
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
220.127.116.11. Surge in demand for energy-efficient battery-powered devices
18.104.22.168. Stringent emission regulations to reduce vehicle weight and emission
22.214.171.124. Government initiative to balance environmental pollution
126.96.36.199. Increasing cost of electric vehicles
188.8.131.52. Complexity in designing and integration of advance power electronic components in electric vehicles
184.108.40.206. Technological advancements in vehicle
220.127.116.11. Improvement in electric vehicles R&D & battery technology
3.5. Power Electronic For Electric Vehicle Market – Value Chain Analysis
3.5.1. Semiconductor Industry-Value Chain Analysis
Chapter 4: Global Power Electronics For Electric Vehicle Market, By Application
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market share analysis, by supplier (Automotive and Non-Automotive)
4.2.3. Company snapshot for five Tier 1 suppliers
18.104.22.168. Continental AG
22.214.171.124. Hitachi Automotive Systems Ltd.
126.96.36.199. Delphi Technologies PLC
188.8.131.52. Valeo S.A.
184.108.40.206. Mitsubishi Electric Corporation
4.3.1. Key market trends, growth factors, and opportunities
4.3.1. Market share analysis, by supplier (Automotive and Non-Automotive)
4.3.2. Company snapshot for five Tier 1 suppliers
220.127.116.11. Denso Corporation
18.104.22.168. Robert Bosch GmbH
22.214.171.124. Infineon Technologies AG
126.96.36.199. Continental AG
188.8.131.52. Hella KGaA Hueck & Co.
4.4. On-Board Charger
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market share analysis, by supplier (Automotive and Non-Automotive)
4.4.3. Company snapshot for five Tier 1 suppliers
184.108.40.206. Nichicon Corporation
220.127.116.11. Tesla, Inc.
18.104.22.168. Panasonic Corporation
22.214.171.124. Toyota Industries Corp.
126.96.36.199. Hangzhou Tiecheng Information Technology Co., Ltd.
Key Benefits of the Report:
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global power electronics for electric vehicle market from 2020 to 2027 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market share.
• Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the power electronics for electric vehicle market segmentation assists in determining the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global power electronics for electric vehicle market. Players positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
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