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Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Market Size
The automotive uninterruptible power supply (UPS) market (in-vehicle UPS) is projected to expand, driven by the rising demand for electric vehicles. Electric vehicles (EVs), which run on electric power stored in batteries, provide a more environmentally friendly alternative to conventional cars that use internal combustion engines. The popularity of electric cars is growing due to various reasons including heightened environmental awareness, government promotion of cleaner transport, advancements in battery technology making EVs more viable, and the desire for energy self-sufficiency. An automotive uninterruptible power supply (UPS) provides continuous power in electric vehicles, improving reliability and safeguarding delicate on board electronics. For example, the Internal Energy Agency, a France-based independent intergovernmental entity, reported in July 2023 that over 2.3 million electric cars were purchased in Q1 2023, a 25% increment compared to the same quarter in 2022. By the close of 2023, sales are anticipated to hit 14 million, a 35% rise year-on-year, with the growth momentum expected to pick up in the latter part of the year. Consequently, the burgeoning demand for electric vehicles is propelling the growth of the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market.
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What is the projected compound annual growth rate (CAGR) of the automotive uninterruptible power supply (ups) (in vehicle ups) market from 2025 to 2034, and what factors influence it?
In recent times, there has been substantial growth in the automotive uninterruptible power supply (UPS) (in vehicle UPS) market size. The market, which stood at $3.14 billion in 2024, is estimated to increase to $3.35 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.8%. This surge during the historic period is linked to the escalating need for consistent backup power for automotive applications, expansion of the electric vehicle (EV) market, increased adoption of EVs and hybrid vehicles, heightened awareness regarding power quality and reliability, and amplified focus on vehicle safety and reliability.
The market size of automotive uninterruptible power supply (UPS), specifically for in-vehicle UPS, is projected to experience substantial growth in the upcoming years, with expectations to escalate to $4.3 billion by 2029, maintaining a compound annual growth rate (CAGR) of 6.4%. This anticipated increment within the forecasted period is largely due to factors such as the proliferation of self-driving and connected cars, governmental policies, and incentives promoting energy-saving technologies. Additionally, an increase in investments towards R&D for innovative UPS solutions, a reinforced emphasis on downsizing UPS units, and the incorporation of electronics and in-vehicle infotainment systems are contributing towards this growth. Key trends during this forecast period encompass the growth of autonomous and connected vehicles, legislative supports for energy-conserving technologies, heightened R&D investments for novel UPS solutions, focused efforts on minimizing UPS dimensions and weight, and the integration of electronics and infotainment systems in cars.
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How are the latest trends influencing the growth of the automotive uninterruptible power supply (ups) (in vehicle ups) market?
Prominent businesses in the automotive uninterruptible power supply (UPS) (in-vehicle UPS) market are turning to state-of-the-art technologies like silicon carbide (SiC) MOSFET trench technology to gain an edge over their competitors. SiC MOSFET trench technology involves creating vertical trenches in the SiC substrate for lower on-resistance and elevated efficiency in power-switching scenarios. In the case of Infineon Technologies AG, a semiconductor product manufacturer based in Germany, they introduced the 750V G1 discrete CoolSiC MOSFET family in February 2024 to cater to the increasing need for enhanced efficiency and power density in industrial and automotive power applications. The product line contains both automotive and industrial grade SiC MOSFETs, optimized for assorted topologies such as totem-pole PFC, T-type, LLC/CLLC, dual active bridge (DAB), HERIC, buck/boost, and phase-shifted full bridge (PSFB).
What are the major segments of the automotive uninterruptible power supply (ups) (in vehicle ups) market and their role in driving growth?
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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Which regions are key players in the growth of the automotive uninterruptible power supply (ups) (in vehicle ups) market?
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.
Who are the key firms paving the way for growth in the automotive uninterruptible power supply (ups) (in vehicle ups) market?
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
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What Is Covered In The Automotive Uninterruptible Power Supply (UPS) (In Vehicle UPS) Global Market Report?
•Market Size Forecast: Examine the automotive uninterruptible power supply (ups) (in vehicle ups) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automotive uninterruptible power supply (ups) (in vehicle ups) market for a structured understanding.
•Key Players Overview: Analyze major players in the automotive uninterruptible power supply (ups) (in vehicle ups) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive uninterruptible power supply (ups) (in vehicle ups) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automotive uninterruptible power supply (ups) (in vehicle ups) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive uninterruptible power supply (ups) (in vehicle ups) market.
•Industry Challenges: Identify potential risks and obstacles affecting the automotive uninterruptible power supply (ups) (in vehicle ups) market.
•Competitive Landscape: Review strategic developments in the automotive uninterruptible power supply (ups) (in vehicle ups) market, including expansions, agreements, and new product launches.
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