Press release
Global Trailer Axle Market : Trends, Growth Factors, and Future Outlook Forecast, 2023-2032
Allied Market Research published a report, titled, "Automotive traction inverters market by Propulsion Type (BEV, HEV, PHEV), by Output Power (Less Than Or Equal To 130 KW, More Than 130 KW), by Semiconductor Material (Gallium Nitride (GaN), Silicon (Si), Silicon Nitride (SiC)), by Technology Type (IGBT, MOSFET), by Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the automotive traction inverters industry generated $10.5 billion in 2022, and is anticipated to generate $46.3 billion by 2032, witnessing a CAGR of 16.4% from 2023 to 2032.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/10084
๐๐ก๐ ๐๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on propulsion type, the BEV segment held the highest market share in 2022, accounting for nearly three-fifths of the global automotive traction inverters market revenue and is estimated to maintain its leadership status throughout the forecast period. Also, the same region is expected to witness the fastest CAGR of 16.9% from 2023 to 2032. This is owing to developments from semiconductor manufactures coupled with rise in sales of BEV.
๐๐ก๐ ๐๐๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on technology type, the IGBT segment accounted for the largest share in 2022, contributing to more than two-thirds of the global automotive traction inverters market revenue, and is estimated to maintain its leadership status throughout the forecast period, as IGBTs are the preferred choice for high-voltage automotive inverters, driven by the rise in electric and hybrid vehicles and supported by collaborations among semiconductor providers. However, the MOSFET segment is expected to portray the largest CAGR of 17.9% from 2023 to 2032 and is projected to maintain its lead position during the forecast period. This is owing to the increasing demand for high-frequency applications, such as fast-charging systems and regenerative braking.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automotive-traction-inverters-market/purchase-options
๐๐ก๐ ๐๐ข๐ฅ๐ข๐๐จ๐ง (๐๐ข) ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on semiconductor material, the silicon (Si) segment held the highest market share in 2022, accounting for more than two-thirds of the global automotive traction inverters market revenue, and is estimated to maintain its leadership status throughout the forecast period, as cost-effectiveness of silicon-based technology makes it an attractive choice for manufacturers targeting affordable electric vehicles and mass-market segments. However, the gallium nitride (GaN) segment is projected to manifest the highest CAGR of 21.8% from 2023 to 2032, as gallium nitride (GaN) is an emerging technology that is rapidly gaining traction as the preferred choice for power conversion and battery charging in hybrid and electric vehicles.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐๐๐๐
Based on region, Asia-Pacific held the highest market share in terms of revenue in 2022, accounting for nearly half of the global automotive traction inverters market revenue. This is owing to the presence of major EV markets and supportive political developments and China holds the largest electric vehicle market share globally, representing approximately 60% of global electric car sales. However, Europe is expected to portray the largest CAGR of 17.1% from 2023 to 2032
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/10084
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Borgwarner Inc.
Denso Corporation
Eaton Corporation
Hitachi, Ltd.
Mitsubishi Electric Corporation.
Robert Bosch Gmbh
TDK Electronics
Valeo SA
Vitesco Technologies Group Aktiengesellschaft
Curtiss-Wright Corporation
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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Corporation Trust Center,
Wilmington, New Castle,
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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Allied Market Research :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR 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.
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