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Global Trailer Axle Market : Trends, Growth Factors, and Future Outlook Forecast, 2023-2032

10-04-2023 02:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Global Trailer Axle Market : Trends, Growth Factors, and Future

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.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/10084

๐“๐ก๐ž ๐๐„๐• ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐š๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐

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.

๐“๐ก๐ž ๐ˆ๐†๐๐“ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐ž๐š๐ ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐

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.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automotive-traction-inverters-market/purchase-options

๐“๐ก๐ž ๐’๐ข๐ฅ๐ข๐œ๐จ๐ง (๐’๐ข) ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐š๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐

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.

๐€๐ฌ๐ข๐š-๐๐š๐œ๐ข๐Ÿ๐ข๐œ ๐ญ๐จ ๐ฆ๐š๐ข๐ง๐ญ๐š๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐š๐ง๐œ๐ž ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ

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

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/10084

๐‹๐ž๐š๐๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
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.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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