Global Automotive Inverter

Global Automotive Inverter Market Research Report: Forecast (2021-2026)

By Product Type (Square Wave, Quasi-Sine Wave, Sine Wave), By Application (Electric Vehicle, Hybrid Vehicle, Fuel Cell Vehicle), By Power Output (<130KW, >130KW), By Technology (IGBT, MOSFET), By Mate Read more

  • Automotive
  • Mar 2021
  • 212
  • AT10210

Market Segmentation

Electric Vehicle Acquired Majority market share

Based on the application, Electric Vehicles acquired a majority market share in the Global Automotive Inverter market in 2019. The demand for an electric vehicle is high in regions like North America and Europe. Additionally, various subsidies introduced by the government in the Asia-Pacific region to boost the sales of electric vehicles are propelling the demand for the automotive inverter market.

Further, the increasing inclination toward e-mobility due to the growing demand for zero-emission vehicles and snowballing investments in the electric vehicle production units are likely to promote the Automotive Inverter Market growth in the forecast years, reveals MarkNtel Advisors in their research report, "Global Automotive Inverter Market Analysis, 2021."

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 9%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy, Spain
Asia-Pacific: China, India, Japan, Australia
South America: Brazil
Middle East & Africa: GCC, South Africa
Key Companies Profiled (Bosch, Continental, Denso, Mitsubishi Electric, Hyundai Mobis, Valeo Group, Lear, Toyota Industries, Magneti Marelli, Hitachi Automotive Systems, TVS Group, China Auto Electronics Group, Tata AutoComp Systems, Zhejiang Founder Motor, ABB, Arens Controls, etc.
Unit Denominations USD Million/Billion

 

OEMs Acquired the Largest Market Share

Based on the end-user system, the OEMs acquired the majority market share in the Global Automotive Inverter market in 2019. The growth attributes to the rising government initiatives to boost demand & production of alternative energy vehicles owing to environmental concerns, such as increasing levels of CO2 and GHG gasses.

Moreover, massive investments by the OEMs and automotive suppliers on R&D in developing advanced battery compliance with government rules are burgeoning sales of electric vehicles in China, Australia, and various European countries are the factors placing a lucrative opportunity for this segment's growth.

Market Opportunities

According to the MarkNtel Advisors' research report, "Global Automotive Inverter Market Analysis, 2021," the market is likely to grow at a CAGR of 9.0% during 2021-26. The growth attributes to a significant upsurge in advancements by market players in inverter technologies, the burgeoning inclination to increase the travel range of electric vehicles, snowballing investments by governments in electric vehicles' production, and charging infrastructure.

Further, the formulation of various stringent policies to reduce the GHG emissions to fuel the purchase of electric vehicles is also likely to promote the market growth of the Automotive Inverter Market in the forecast period.

Impact of COVID-19

The outbreak of the COVID-19 pandemic has adversely affected the automotive industry and its associated markets. The sharp decline in the sales of electric vehicles had a profound impact on the Automotive Inverter Market due to the temporary closure of the production units. Further, the shrinking R&D budget and changing manufacturers' focus to revive the demand and produce BS-VI vehicles has led to sluggish market growth.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Global Automotive Inverter Market
  5. Global Automotive Inverter Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Product Type
        1. Square Wave
        2. Quasi-Sine Wave
        3. Sine Wave
      2. By Application
        1. Electric Vehicle
          1. Passenger Vehicles
          2. Commercial Vehicles
        2. Hybrid Vehicle
          1. Passenger Vehicles
          2. Commercial Vehicles
        3. Fuel Cell Vehicle
      3. By Power Output
        1. <130 KW
        2. >130 KW
      4. By Technology
        1. IGBT
        2. MOSFET
      5. By Material
        1. Silicon
        2. Silicon Carbide
      6. By End User
        1. OEM
        2. Aftermarket
      7. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      8. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Metrix
  6. North America Automotive Inverter Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Power Output
      4. By Technology
      5. By Material
      6. By End Users
      7. By Country
        1. The US
        2. Canada
        3. Mexico
        4. Others
    3. The US Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    4. Canada Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    5. Mexico Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
  7. South America Automotive Inverter Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Power Output
      4. By Technology
      5. By Material
      6. By End Users
      7. By Country
        1. Brazil
        2. Others
    3. Brazil Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
  8. Europe Automotive Inverter Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Power Output
      4. By Technology
      5. By Material
      6. By End Users
      7. By Country
        1. The UK
        2. Germany
        3. Italy
        4. Spain
        5. France
        6. Others
    3. The UK Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    4. Germany Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    5. Italy Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    6. Spain Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    7. France Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
  9. Middle East & Africa Automotive Inverter Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Power Output
      4. By Technology
      5. By Material
      6. By End Users
      7. By Country
        1. GCC
        2. South Africa
        3. Others
    3. GCC Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    4. South Africa Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
  10. Asia-Pacific Automotive Inverter Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Product Type
      2. By Application
      3. By Power Output
      4. By Technology
      5. By Material
      6. By End Users
      7. By Country
        1. China
        2. India
        3. Japan
        4. Others
    3. China Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    4. India Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
    5. Japan Automotive Inverter Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. Market Revenues
      2. Market Share & Analysis
        1. By Product Type
        2. By Application
        3. By Power Output
        4. By Technology
        5. By Material
        6. By End Users
  11. Global Automotive Inverter Government Regulations and Policies
  12. Global Automotive Inverter Value Chain Analysis
  13. Global Automotive Inverter Market Trends & Insights
  14. Global Automotive Inverter Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  15. Global Automotive Inverter Market Hotspot & Opportunities
  16. Global Automotive Inverter Market Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Target Markets
      2. Research & Development
      3. Collaborations & Strategic Alliances
      4. Key Business Expansion Initiatives
      5. Business Restructuring- Mergers, Acquisitions, JVs
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Hitachi Automotive Systems (Japan)
      2. Denso (Japan)
      3. TVS Group (India)
      4. Arens Controls (USA)
      5. Tata AutoComp Systems (India)
      6. Continental (Germany)
      7. Hyundai Mobis (Korea)
      8. Valeo Group (France)
      9. ABB (Switzerland)
      10. Mitsubishi Electric (Japan)
      11. Bosch (Germany)
      12. Lear (USA)
      13. China Auto Electronics Group (China)
      14. Magneti Marelli (Italy)
      15. Toyota Industries (Japan)
      16. Zhejiang Founder Motor (China)
  18. Disclaimer
Global Automotive Inverter Market Segmentation
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