Press release
Automotive Power Electronics Market Opportunity Assessment and Forecast up to 2025
Products in the global automotive power electronics market, such as modules, discrete, and power ICs have various applications in the automotive industry. These include body electronics, security electronics, powertrain, and safety electronics. Used in both passenger as well as commercial vehicles, products in the global automotive power electronics market can be applied in both, electric vehicles as well as internal combustion or IC engine operated vehicles. Increasing need for compliance with emerging vehicle emission as well as vehicle safety standards along with rising demand for vehicle infotainment, powertrain electrification, and connectivity are two major factors driving the growth in the global automotive power electronics market within the next few years.Research Report: https://www.transparencymarketresearch.com/automotive-power-electronics-market.html
On the other hand, the COVID-19 pandemic and subsequent lockdowns adversely impacted the automotive industry across the world. This trend can be attributed to the disruptions in large scale manufacturing, interruptions in supply chain activities, restrictions on travelling, and diminishing sales of automotive vehicles on 2020. These factors have also restricted the growth in the global automotive power electronics market as a result. Furthermore, halt in export of raw materials from China as well as China-U.S. trade war had also negatively impacted the revenue generation in the global automotive power electronics market in late 2020. However, the global automotive power electronics market is anticipated to regain its momentum over the next few years.
Request a sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=34853
Increasing demand for electric vehicles is expected to positively influence the growth in the global automotive power electronics market in coming years. Furthermore, rising demand for fuel efficient technologies as well as high performance safety systems in passenger vehicles may also favor the expansion of the global automotive power electronics market within the next few years. Furthermore, rising demand for various vehicle management features and increased safety is also positively influencing the demand dynamics in the global automotive power electronics market. Players and manufacturers operating within the global automotive power electronics market are engaged in portfolio expansion as well as increasing their investments aimed at research and development activities in order to design and produce technologically advanced products.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=34853
Global Automotive Power Electronics Market: Snapshot
The global automotive power electronics market is gaining from the rising sales of electric vehicles for environmental considerations. Several governments in the world are encouraging the adoption of electric vehicles as they do not emit harmful emissions that are detrimental to the environment. For instance, in the U.K, the sale of petrol and diesel cars is anticipated to be banned by 2040 as the government is undertaking consistent efforts to improve the air quality.
Ask for a custom report https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=34853
Apart from this, thrust to equip vehicles with advanced power solutions is stoking growth of automotive power electronics market. This includes advanced driver assistance systems and convenience systems to enhance vehicular safety and to track vehicle in real-time.
A report by Transparency Market Research (TMR) projects the global automotive power electronics market to clock an impressive 19.0% CAGR between 2017 and 2025, for the market to reach a valuation of US$22,658.4 mn by the end of 2025.
The report provides statistical analysis for the following questions:
What is the CAGR What being the Automotive Power Electronics Market?
Automotive Power Electronics Market CAGR of 19.0% by 2020.
Which Region Lead the most Automotive Power Electronics Market?
Europe is lead in this Industry.
About Transparency Market Research
Transparency Market Research is a global market research reports company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
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 Power Electronics Market Opportunity Assessment and Forecast up to 2025 here
News-ID: 2761215 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly 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 PP Pipe industry, and estimates the future trend of…
