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 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.

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

Competitive Landscape

According to MarkNtel Advisors, the key players with a considerable market share in the Global Automotive Inverter market include 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.

Key Questions Answered in the Market Research Report:

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Automotive Inverter Market?
  2. What is the region-wise industry size, growth drivers, and challenges key market trends?
  3. What are the key innovations, opportunities, current and future trends, and regulations in the Global Automotive Inverter Market?  
  4. Who are the key competitors, what are their key strengths and weakness, and how they perform in Global Automotive Inverter Market based on the competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of the Global Automotive Inverter Market study?   

 Market Outlook, Segmentation and Statistics 

  • Impact of COVID-19 on Global Automotive Inverter Market
  • Market Size & Analysis
    • By Revenues (USD Million)
  • Market Share & Analysis
    • By Product Type
      • Square Wave
      • Quasi-Sine Wave
      • Sine Wave
    • By Application
      • Electric Vehicle
      • Hybrid Vehicle
      • Fuel Cell Vehicle
    • By Region
      • North America Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • The US Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Canada Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Mexico Automotive Inverter Market Outlook, 2016-2026F (USD Million)
      • South America Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Brazil Automotive Inverter Market Outlook, 2016-2026F (USD Million)
      • Europe Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • The UK Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Germany Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • France Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Spain Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Italy Automotive Inverter Market Outlook, 2016-2026F (USD Million)
      • Middle East & Africa Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • GCC Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • South Africa Automotive Inverter Market Outlook, 2016-2026F (USD Million)
      • Asia-Pacific Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • China Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • Japan Automotive Inverter Market Outlook, 2016-2026F (USD Million)
        • India Automotive Inverter Market Outlook, 2016-2026F (USD Million)
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in MarkNtel Quadrant
  • Global Automotive Inverter Market Government Regulations and Policies
  • Global Automotive Inverter Value Chain Analysis
  • Global Automotive Inverter Market Hotspots & Opportunities
  • Competition Outlook
    • Competitor Wise Growth Strategies
    • Company Profiles

Frequently Asked Questions

A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up to 2026.

A. The market size/industry size or the market value is measured in terms of USD Million.

A. The Global Automotive Inverter Market is anticipated to grow at a CAGR of 9.0% during 2021-26

A. 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., are few of the leading players in the Global Automotive Inverter Market.

A. Electric Vehicle is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

A. Asia-Pacific continue to grow at the highest CAGR, presenting immense opportunities for market players of the Global Automotive Inverter Market.

  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