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Key Influencer in the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market 2025: Rising Demand For Electric Vehicles Fuels Growth Of Automotive Uninterruptible Power Supply Market Driver
What Is the Forecasted Market Size and Growth Rate for the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market?In the past few years, there has been a robust increase in the automobile continuous power supply (UPS) market, also known as in-vehicle UPS market. The size of this market is expected to burgeon from $3.14 billion in 2024 to approximately $3.35 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%. This growth in the historical period can be linked to heightened demand for dependable auxiliary power sources in automobile applications. Factors contributing to this trend include an expanding market for electric vehicles (EVs), growing acceptance of EV and hybrid vehicles, rising consciousness about power quality and reliability, and sharpening focus on the safety and dependability of vehicles.
The market for automotive uninterruptible power supply (UPS), particularly in-vehicle UPS, is projected to witness substantial growth in the coming years. By 2029, the market value is forecasted to reach $4.3 billion, growing at a compound annual growth rate (CAGR) of 6.4%. The predicted growth can be attributed to several factors including the growth of autonomous and connected vehicles, government policies and incentives encouraging energy-efficient technologies, increased funding for research and development of innovative UPS solutions, focus on reducing the size and weight of UPS units, and the integration of electronics and infotainment systems into vehicles. The trends expected to shape the forecasting period include the proliferation of autonomous and connected vehicles, government laws and incentives promoting energy efficiency, ramped-up investment in innovation and development of UPS solutions, initiatives to decrease the size and weight of UPS units, and an uptick in the integration of electronics and infotainment systems in cars.
What Factors Are Propelling the Expansion of the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market?
The automotive uninterruptible power supply (UPS) (in-vehicle UPS) market is projected to be propelled by the accelerating demand for electric vehicles. Electric Vehicles (EVs), which utilize electric motors powered by stored battery energy, present a more eco-friendly substitution for traditional vehicles with an internal combustion engine. Several factors are contributing to the growing demand for electric cars, including burgeoning environmental concerns, governmental incentives for eco-friendly transportation, advancements in the battery technology rendering electric vehicles increasingly viable, and a strong inclination towards energy independence. In such vehicles, an automotive uninterruptible power supply (UPS) guarantees a steady power supply, thereby increasing reliability and safeguarding delicate onboard electronics. For instance, the Internal Energy Agency, an autonomous intergovernmental organization based in France, reported in July 2023 that over 2.3 million electric cars were sold in the first quarter of 2023, a 25% rise compared to the corresponding period in 2022. Sales are projected to reach 14 million by the close of 2023, reflecting a 35% year-on-year increase, with growth expected to pick up pace in the latter half of the year. Thus, the surge in demand for electric vehicles is fueling the growth of the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market.
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Which Businesses Are at the Forefront of Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Development?
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
What Are the Latest Innovations in the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market?
Key players in the in-vehicle automotive uninterruptible power supply (UPS) market are honing their competitive edge through emphasis on technological advancements, such as silicon carbide (SiC) MOSFET trench technology. The technique involves the establishment of vertical trenches in the SiC substrate to improve efficiency and reduce the on-resistance in power switching applications. For example, in February 2024, Infineon Technologies AG, a semiconductor products manufacturer based in Germany, introduced the 750V G1 discrete CoolSiC MOSFET family responding to the heightened demand for better power density and efficiency in automotive and industrial power applications. This range includes both automotive-grade and industrial-grade SiC MOSFETs that are tailored to suit various topologies such as totem-pole PFC, T-type, LLC/CLLC, dual active bridge (DAB), HERIC, buck/boost, and phase-shifted full bridge (PSFB).
How Is the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Segmented?
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
Subsegments:
1) By Static Ups: Single-Phase Static Ups, Three-Phase Static Ups, Online Static Ups Systems, Offline Or Standby Static Ups Systems, Integrated Static Ups For Electric Vehicles (EVS), High-Efficiency Static Ups For Automotive Applications
2) By Dynamic Ups: Flywheel-Based Dynamic Ups, Kinetic Energy Storage Systems (KESS) For Vehicles, Dynamic Ups For Commercial And Heavy-Duty Vehicles, Regenerative Dynamic Ups Systems, High-Power Dynamic Ups For Emergency Backup In Vehicles, Dynamic Ups For Electric And Hybrid Vehicles
3) By Hybrid Ups: Combination Of Static And Dynamic Ups, Hybrid Ups For Automotive Electric Powertrain Systems, Solar-Powered Hybrid Ups For Electric Vehicles, Battery And Flywheel Hybrid Ups, Hybrid Ups Systems For Critical In-Vehicle Electronics, Modular Hybrid Ups For Automotive Applications
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Where Is the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Growth Most Prominent?
Asia-Pacific was the largest region in the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market in 2023. The regions covered in the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Global Market Report?
- Market Size Analysis: Analyze the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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