Automotive Inverter Market

Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) require a traction inverter to convert dc energy from the high-voltage battery or dc link bus to the three-phase ac energy used to drive the traction motor. Traction inverters are typically capable of transferring power in the 20 to 200 kW range, with switching voltages in the 200 V to 800 V range and currents in the hundreds of amperes.

Automotive Inverter Market contains market size and forecasts of Automotive Inverter in global, including the following market information:

• Global Automotive Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global Automotive Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
• Global top five Automotive Inverter companies in 2021 (%)

The global Automotive Inverter market was valued at 3205.4 million in 2021 and is projected to reach US$ 14230 million by 2028, at a CAGR of 23.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

50-100 kW Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Inverter include Toyota Industries, Bosch, Valeo, Mitsubishi Electric, Denso, Vitesco Technologies, Hitachi Astemo, Hyundai Mobis and Suzhou Inovance Automotive, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Inverter Market, by Power, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Inverter Market Segment Percentages, by Power, 2021 (%)

• 50-100 kW
• Below 50 kW
• Above 100 KW

Global Automotive Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Inverter Market Segment Percentages, by Application, 2021 (%)

• Electric Vehicles
• Hybrid Vehicles

Global Automotive Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Inverter Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Automotive Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Automotive Inverter revenues share in global market, 2021 (%)
• Key companies Automotive Inverter sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Automotive Inverter sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Toyota Industries
• Bosch
• Valeo
• Mitsubishi Electric
• Denso
• Vitesco Technologies
• Hitachi Astemo
• Hyundai Mobis
• Suzhou Inovance Automotive
• Marelli
• Zhongshan Broad-Ocean