Automotive Traction Inverters Market 2021-2026 Is Booming Worldwide |Toyota Industries, Bosch

Global Automotive Traction Inverters Market Growth 2021-2026

The Automotive Traction Inverters Market Report 2021-2026 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.

Automotive Traction Inverters Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.

In accordance with the Automotive Traction Inverters Market is set to grow at a CAGR of 18.34 % over the forecast period (2021-2026).

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MARKET OVERVIEW

With growing stringent emission standards across the globe, automakers are gradually shifting their production from conventional engine vehicles to hybrid and electric vehicles. In addition, governments have initiated incentives, such as cut-down in vehicle tax, bonus payments, and premium, for buyers of electric vehicles in the respective countries to support the electric vehicles sales growth. Also, the increasing charging station facilities in the regions, especially in Europe, North America, and Asia-Pacific, and particularly in Japan and China, have further supported the growing electric vehicle sales. 
Vehicle inverter manufacturers are consistently working to improve their products, in terms of efficiency and size. The trend of combining inverter with motor or converter has been significantly gaining attention among the automakers

Leading companies in the global Automotive Traction Inverters market.

Toyota Industries, Bosch, Valeo, Mitsubishi Electric, Denso, Vitesco Technologies, Hitachi Astemo, Hyundai Mobis, Suzhou Inovance Automotive, Marelli, Zhongshan Broad-Ocean

INDUSTRY NEWS

Mitsubishi Electric Corporation announced that it has completed the construction of its new eight plant building at Himeji Works, Hirohata plant, by investing around USD 63.6 million. The new plant boasts of the production of motors, generators, as well as inverters for hybrid and electric vehicles.

The report based on the type of Automotive Traction Inverters  market is broken down:

Below 50 kW

    50-100 kW

    Above 100 KW

On the basis of segmentation by application, the key Automotive Traction Inverters  market can be subdivided into:

Electric Vehicles

    Hybrid Vehicles

Global Automotive Traction Inverters Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

REGIONAL ANALYSIS

Asia-Pacific is leading the Electric Vehicle Power Inverter Market

The Asia-Pacific is leading the electric vehicle power inverter market followed by Europe and North America respectively. The sale of electric vehicles in China is growing at a rapid pace. Approximately 1.3 million new energy vehicles were sold in 2018, a 62% rise compared to 2017. New energy vehicles accounted for just over 4% of all 28.1 million automobiles sold in China in 2018 which is higher than United States (under 2%), and Europe (~3%). However, the government of china wants to double the speed of electric vehicle production and sales in the country.

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Highlights of the Automotive Traction Inverters Market

Quantitative market information and forecasts of the global Automotive Traction Inverters  Market industry by type, end use, and geographic region.

Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Automotive Traction Inverters Market until 2026.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2026.

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The report provides a summary of the important functions and key Automotive Traction Inverters market:

Detailed Automotive Traction Inverters market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Automotive Traction Inverters .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.

Finally, the key Automotive Traction Inverters market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.

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