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Global Electric Vehicle Power Inverter Market to 7.92% CAGR Growth to 2021

03-24-2017 06:57 AM CET | Industry, Real Estate & Construction

Press release from: marketsizeforecasters.com

/ PR Agency: MarketSizeForecasters
Global Electric Vehicle Power Inverter Market 2017 Market Research Report was a professional and depth research report on Global Electric Vehicle Power Inverter Market industry that you would know the world's major regional market conditions of Global Electric Vehicle Power Inverter Market industry, the main region including (North America, Europe, Asia-Pacific, South America, Middle East and Africa).

Marketsizeforecasters.com adds new global electric vehicle power inverter market report that lists top active companies as Continental, Bosch, Hitachi Automotive, and Toyota Industries.

Other Prominent Vendors in the market are: Denso, Delphi, Mitsubishi Electric, Metric mind, Fuji Electric BYD.

The report analysts forecast the global electric vehicle power inverter market to grow at a CAGR of 7.92% during the period 2017-2021.

Request a sample copy of Global Electric Vehicle Power Inverter Market Research Report @ https://marketsizeforecasters.com/get-sample/13953

Commenting on the report, an analyst team said: “The latest trend gaining momentum in the market is in-wheel micro inverter system. This is an upcoming trend where motors are installed next to the wheel in parallel. This is a direct drive where motors are small but offer a high torque. For instance, Protean electric developed an "inside out" motor where high torque is generated by mounting the magnets on the rotor that sits outside the stator. This allows the coil and magnets to have a large diameter, which creates a high torque.”

According to the report, one of the major drivers for this market is increased sales of (H)EVs in major global regions and addition to current portfolio of vehicle models by OEMs. The main application of power inverters in the automotive sector is in the use of hybrid and EVs for converting battery DC power to AC power for the electric motor to power the vehicle. Currently, two electric motors are used in hybrid and EVs to increase the power and range. This will, in turn, create a multiplier effect for global EV power inverter market.

The listed pricing for this Global Electric Vehicle Power Inverter Market report starts at $ 3500. Request Discount for Global Electric Vehicle Power Inverter Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/13953

Further, the report states that one of the major factors hindering the growth of this market is functional safety requirements. The electric powertrain of EVs is equipped with many controller units, sensors, and electric drive system. The electric drive system is again a cluster of electronic components, which improves the performance and range of EVs. The improving electronic units in vehicles is challenged by the rising faults and malfunctioning of these units. For instance, the failure of DC link capacitors or any IGBT power device can cause the inverter to generate faulty torques at the wheels causing unsafe driving conditions.

Browse full table of contents and data tables For Global Electric Vehicle Power Inverter Market Report @ https://marketsizeforecasters.com/global-electric-vehicle-power-inverter-market

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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MarketSizeForecasters.com, a Skyline Market Research LLP brand, is an online aggregator of market research reports. MarketSizeForecasters.com offers a comprehensive collection of full length reports on global and regional markets in 100+ industry verticals. We have partnered with some of the leading business and market research publishing houses and regularly update our online library to offer wide range of reports to our customers.

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