Automotive Power Electronics, by Device Type (Power IC, Module & Discrete), Application, Component (Sensor & Microcontroller), Material, Vehicle Type (Passenger Vehicle, LCV & HCV), Electric Vehicle Type and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America) (Insights are provided for each region and major countries within the region)
The global automotive power electronics market is anticipated to reach USD 3.84 billion by 2021 and growing at a CAGR of 5.1% during the forecasting period, 2021-2028.
The automotive power electronics market is expected to witness a significant boost in 2022 owing to the mandates by different countries. Before that, lower vehicle sales and abrupt stoppage in the development of new automotive technologies will result in sluggish growth of the automotive power electronics market in 2021.
The increasing manufacturing and sale of plug-in hybrid electric vehicles are expected to create significant opportunities for the power electronics market in transportation applications. Besides, the increasing number of charging stations propels the use of power electronic components, such as power management integrated circuits, intelligent power modules, insulated gate bipolar transistors, and standard & power integrated modules. The advent of electric vehicles is one of the most important steps in environmental conservation.
Global Automotive Power Electronics is segmented into Device Type, Component, Material, Vehicle Type, and Geography.
Device Type segment is segmented into Power IC, Module & Discrete.
Component segment is segmented into Sensor & Microcontroller.
Material, Vehicle Type is segmented into Passenger Vehicle, and LCV & HCV.
Geographically, global Automotive Power Electronics is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
Europe region has come up as the prominent region for the leading share in the overall global market during the forecast period 2021-2028.
Key players in global Automotive Power Electronics are Robert Bosch, Continental AG, Infineon, STMicroelectronics, ON Semiconductor, NXP Semiconductor, Danfoss, and Vishay.
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 3.84 billion |
Growth Rate |
CAGR of 5.1% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Device Type, Component, Material, Vehicle Type, and Geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Robert Bosch, Continental AG, Infineon, STMicroelectronics, ON Semiconductor, NXP Semiconductor, Danfoss, and Vishay |
Available Customization |
In addition to the market data for Automotive Power Electronics, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |