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Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Growth, Share Analysis And Report 2033

08-26-2024 07:09 AM CET | Logistics & Transport

Press release from: The Business research company

Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Growth

Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Growth

The new report published by The Business Research Company, titled ""Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the automotive uninterruptible power supply (UPS) (in vehicle UPS) market size has grown strongly in recent years. It will grow from $2.9 billion in 2023 to $3.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.%. The automotive uninterruptible power supply (UPS) (in vehicle UPS) market size is expected to see strong growth in the next few years. It will grow to $4.04 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.

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Rising Demand For Electric Vehicles Fuels Growth Of Automotive Uninterruptible Power Supply Market
Increasing demand for electric vehicles is expected to propel the growth of the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market going forward. An electric vehicle (EV) is a car powered by an electric motor using energy stored in batteries, offering a cleaner alternative to traditional internal combustion engine vehicles. There is increasing demand for electric cars due to several factors, such as growing environmental concerns, government incentives for cleaner transportation, advancements in battery technology making electric vehicles more practical, and a desire for energy independence. An automotive uninterruptible power supply (UPS) ensures continuous power delivery in electric vehicles, enhancing reliability and protecting sensitive onboard electronics. For instance, in July 2023, according to the Internal Energy Agency, a France-based autonomous intergovernmental organization, over 2.3 million electric cars were sold in the first quarter of 2023, a 25% increase from the same period in 2022. By the end of 2023, sales are expected to reach 14 million, representing a 35% year-on-year increase, with growth accelerating in the second half of the year. Therefore, increasing demand for electric vehicles is driving the growth of the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market.

Advancements In Silicon Carbide MOSFET Technology For Automotive UPS Systems
Major companies operating in the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market are focusing on technological advancements, such as silicon carbide (SiC) MOSFET trench technology, to gain a competitive advantage. Silicon carbide (SiC) MOSFET trench technology involves creating vertical trenches in the SiC substrate to achieve lower on-resistance and higher efficiency in power switching applications. For instance, in February 2024, Infineon Technologies AG, a Germany-based manufacturer of semiconductor products, launched the 750V G1 discrete CoolSiC MOSFET family to address the rising demand for greater efficiency and power density in industrial and automotive power applications. This product line comprises both industrial-grade and automotive-grade SiC MOSFETs, optimized for a variety of topologies, including totem-pole PFC, T-type, LLC/CLLC, dual active bridge (DAB), HERIC, buck/boost, and phase-shifted full bridge (PSFB).

The automotive uninterruptible power supply (UPS) (In Vehicle UPS) market covered in this report is segmented -

1) By Power Supply: Static, Dynamic, Hybrid
2) By Input Power Range: High Voltage (More Than 48V), Mid Voltage(9V To 48V), Low Voltage (Up To 9V)
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Electric Vehicles

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Major companies operating in the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market are Siemens AG, General Electric Company, Panasonic Corporation, Schneider Electric, ABB Ltd, Fujitsu Limited, Toshiba Corporation, Johnson Controls, Eaton Corporation, Delta Electronics, Phoenix Contact, Socomec Group, Newmar Corporation, Benning Power Electronics, Puls Power, Power Sonic Corporation, HBL Power Systems, Acumentrics, EnerDel, Ametek Solidstate Controls, Riello UPS

Contents of the report:
1. Executive Summary
2. Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Report Structure
3. Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Trends And Strategies
4. Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market - Macro Economic Scenario
5. Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Size And Growth
…..
27. Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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