Press release
Automotive Traction Inverters Market Growth Focusing on Trends & Innovations During the Period Until 2027
Automotive Traction Inverters Market
Automotive tractor inverters are crucial component in modern electric powertrains. The traction inverter is responsible to convert DC energy from vehicle’s on-board high voltage battery into three phase AC energy to drive the traction motor in drivetrain. Moreover, the traction inverter has a direct impact on road performance, driving range and reliability of the vehicle also as a consequence of their weight and size. Besides, the inverters aid in voltage boosting, switch protection and regenerative braking. Further, the automotive tractor inverters ensure dependability and safety of driver and passenger due to its fail-safe operation.
Browse Full Report with TOC @
https://www.alliedmarketresearch.com/automotive-traction-inverters-market-A09719
COVID-19 scenario analysis:
COVID-19 outbreak has severely impacted business operations worldwide and has clogged all economic growth across the globe, including in the auto industry.
China, one of the largest manufacturers of electric vehicle is slowing recovering from the pandemic and the production of electric vehicle has started gradually.
Even if China is recovering, the automobile industry globally is still facing a huge downturn.
Recently, the North American International Auto show held each year in Detroit was canceled to tackle the COVID-19 spread.
However, the governments around the world are decreasing the rate of interest on purchase of electric vehicles. Additionally, governments are announcing various schemes during this pandemic to promote the adoption of electric vehicle. This, in turn, would fuel the market of tractor inverters.
Get sample report with Industry Insights @
https://www.alliedmarketresearch.com/purchase-enquiry/10084
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
The growing demand for electric vehicle is primarily driving the market of automotive traction inverters. Additionally, the rising restriction on carbon-emitting vehicles is changing the focus of OEMs toward manufacturing of electric vehicles. Besides, efficient traction inverters boost the vehicle range. Moreover, development of public charging stations is fueling the market growth. However, slow penetration of electric vehicles is hampering the automotive traction inverters market. Furthermore, technological advancements in automotive traction inverters are anticipated to proliferate the market demand.
The automotive traction inverters market trends are as follows:
Partnerships to drive the market
Due to increasing demand from consumers, the market for electric vehicles is proliferating. Moreover, the firms are partnering to deliver high quality requirements in the industry. Besides, the partnerships present affordable product range. In 2016, Valeo signed an agreement with Siemens to form a joint venture in high voltage powertrains. Likewise, in 2018, the joint venture factory was opened in China for development of electrified vehicles. Additionally, the plant has 2 production lines for inverters and 1 for electric motors.
To Get Discount, Make Purchase Inquiry @
https://www.alliedmarketresearch.com/purchase-enquiry/10084
Innovation to bolster market growth
The investment on development of electric vehicles has increased in recent years. With supporting government schemes, the sales of electric vehicles are augmenting. Besides, considering higher demand forecasted for electric vehicles in next decade, the OEMs are heavily investing in R&D activities. In 2020, Karma automotive announced that they are in last stage of development for two new Silicon Carbide (SiC) inverters to enhance electric mobility charging. This 400V system can be customized to fit various vehicle platforms and 800V power levels to leverage higher voltage for fast charging.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Traction Inverters Market Growth Focusing on Trends & Innovations During the Period Until 2027 here
News-ID: 2282791 • Views: …
More Releases from Allied Market Research
Dry Natural Gas Market Is Set to Garner Staggering Revenues By 2031
Increased innovation in natural gas drying equipment is a key market trend that offers opportunities for prominent players in the forecast period. Dry natural gas is preferable for environmental and public health. The use of natural gas as energy resource in power generation systems is anticipated to drive power generation system. The increased environmental concerns, increased government initiatives for the construction of dry gas processing infrastructure, expensive initial infrastructure investment,…
Robotics Market is Growing At A CAGR of 27.7% from 2021 to 2030 | Latest Researc …
According to a new report published by Allied Market Research, titled,the global robotics market size was valued at $12.1 billion in 2020, and is expected to reach $149.9 billion by 2030, with a CAGR of 27.7% from 2021 to 2030.
In 2020, Europe dominated the global robotics market, in terms of revenue, accounting for around 44.4% share of the global market. The scope of the market limits to the study…
Clean Hydrogen Market to Witness Comprehensive Growth by 2032
Clean hydrogen is the form of hydrogen that is produced through processes that result in lower carbon emissions (through carbon capture, storage, and utilization (CCUS)) or zero carbon emissions. Climate change and net-zero commitments are major reasons for the shift from fossil fuels to alternatives such as synthetic fuels, renewables, nuclear fusion energy, clean hydrogen, and others. Several advanced hydrogen technologies are being developed and countries are positioning themselves to…
Crash Barrier Systems Market 2021 to 2030: Growth Statistics, Facts and Regional …
According to a new report published by Allied Market Research, titled, , the global Crash Barrier Systems industry generated $7.8 billion in 2020, and is anticipated to generate $11.7 billion by 2030, witnessing a CAGR of 4.2% from 2021 to 2030.
Prime determinants of growth
Expansion of infrastructure, increase in road safety awareness, and growth in the automotive industry drive the growth of the global crash barrier systems market. However, high severity…
More Releases for Auto
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Automotive Valve Market: Worldwide Auto-Accessory, SEECO, Dengyun Auto-parts
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Automotive Valve Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This industry study presents the global Automotive Valve market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Valve production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Valve in volume terms are also provided for major countries…
Global Three Wheelers Market 2017- Bajaj Auto Limited, Atul Auto Limited
Apex Market Reports, recently published a detailed market research study focused on the "Global Three Wheelers Market" across the global, regional and country level. The report provides 360° analysis of "Global Three Wheelers Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Three Wheelers industry, and estimates the future trend of Global…
Dallas Auto Paint Offers The Best Auto Body Repair Services
Best Auto Body Repair Services in Dallas, TX
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient…
Dallas Auto Paint Offering You the Best Auto Body Repair Services
Whether you have dents, dings, scratches, or any other collision damage, you require the help of a professional to fix your car and give it back its factory finish. Dallas Auto Paint is your best shot since they offer top notch services in Dallas. The team is qualified in providing the new paintless dent removal technique, which is quite fast and more efficient than its traditional counterpart. For shallow dents,…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…
