The global electric vehicle power inverter market size was estimated at US$ 29.9 billion in 2021 and is anticipated to grow US$ 68.5 billion by 2030, registering a CAGR of 9.65% from 2022 to 2030.
The electric vehicle power inverter market report covering various industry elements and growth trends helpful for predicting the market’s future.
The study provides a strong base for the electric vehicle power inverter m arket to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.
This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the electric vehicle power inverter report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the electric vehicle power inverter market have been studied and analysed across many developments.
Report Scope of the Electric Vehicle Power Inverter Market
Report Coverage | Details |
Market Size in 2022 | USD 32.78 Billion |
Market Size by 2030 | USD 68.5 Billion |
Growth Rate from 2022 to 2030 | CAGR of 9.65% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Propulsion Type, Vehicle Type, Inverter Type, Level of Integration, Distribution Channel, and Geography |
Research Approach
The comprehensive report on the global electric vehicle power inverter market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global electric vehicle power inverter market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
Key Players
Vitesco Technologies, Robert Bosch GMBH, DENSO Corporation, Toyota Industries Corporation, Hitachi Astemo Ltd, Meidensha Corporation, Aptiv PLC (Borgwarner Inc.), Mitsubishi Electric Corporation, Marelli Corporation, Valeo Group, Lear Corporation, Continental AG, ZF Friedrichshafen AG, LG Magna e-Powertrain, John Deere Electronic Solutions, Drive System Design LTD, Hyundai Mobis Co. Ltd
Market Segmentations
By Propulsion Type
- Hybrid Vehicle
- Plug in Hybrid Vehicle
- Battery Electric Vehicle
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
By Inverter Type
- Traction Inverter
- Soft Switching Inverter
By Level of Integration
- Integrated Inverter System
- Separate Inverter System
- Mechatronic Integration System
By Distribution Channel
- OEM
- Aftermarket
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Electric Vehicle Power Inverter Market
5.1. COVID-19 Landscape: Electric Vehicle Power Inverter Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Electric Vehicle Power Inverter Market, By Propulsion Type
8.1. Electric Vehicle Power Inverter Market, by Propulsion Type, 2022-2030
8.1.1. Hybrid Vehicle
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Plug in Hybrid Vehicle
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Battery Electric Vehicle
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Electric Vehicle Power Inverter Market, By Vehicle Type
9.1. Electric Vehicle Power Inverter Market, by Vehicle Type, 2022-2030
9.1.1. Passenger Vehicles
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Commercial Vehicles
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Electric Vehicle Power Inverter Market, By Inverter Type
10.1. Electric Vehicle Power Inverter Market, by Inverter Type, 2022-2030
10.1.1. Traction Inverter
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Soft Switching Inverter
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Electric Vehicle Power Inverter Market, By Level of Integration
11.1. Electric Vehicle Power Inverter Market, by Level of Integration, 2022-2030
11.1.1. Integrated Inverter System
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Separate Inverter System
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Mechatronic Integration System
11.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Electric Vehicle Power Inverter Market, By Distribution Channel
12.1. Electric Vehicle Power Inverter Market, by Distribution Channel, 2022-2030
12.1.1. OEM
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Aftermarket
12.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Electric Vehicle Power Inverter Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.1.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.1.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.1.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.1.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.1.6. U.S.
13.1.6.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.1.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.1.6.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.1.6.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.1.6.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.1.7. Rest of North America
13.1.7.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.1.7.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.1.7.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.1.7.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.1.7.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.2. Europe
13.2.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.2.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.2.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.2.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.2.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.2.6. UK
13.2.6.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.2.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.2.6.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.2.7. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.2.8. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.2.9. Germany
13.2.9.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.2.9.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.2.9.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.2.10. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.2.11. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.2.12. France
13.2.12.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.2.12.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.2.12.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.2.12.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.2.13. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.2.14. Rest of Europe
13.2.14.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.2.14.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.2.14.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.2.14.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.2.15. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.3.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.3.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.3.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.3.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.3.6. India
13.3.6.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.3.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.3.6.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.3.6.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.3.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.3.8. China
13.3.8.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.3.8.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.3.8.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.3.8.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.3.9. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.3.10. Japan
13.3.10.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.3.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.3.10.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.3.10.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.3.10.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.3.11. Rest of APAC
13.3.11.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.3.11.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.3.11.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.3.11.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.3.11.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.4.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.4.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.4.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.4.6. GCC
13.4.6.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.4.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.4.6.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.4.6.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.4.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.4.8. North Africa
13.4.8.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.4.8.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.4.8.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.4.8.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.4.9. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.4.10. South Africa
13.4.10.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.4.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.4.10.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.4.10.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.4.10.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.4.11. Rest of MEA
13.4.11.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.4.11.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.4.11.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.4.11.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.4.11.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.5.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.5.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.5.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.5.6. Brazil
13.5.6.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.5.6.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.5.6.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.5.6.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.5.7. Market Revenue and Forecast, by Distribution Channel (2017-2030)
13.5.8. Rest of LATAM
13.5.8.1. Market Revenue and Forecast, by Propulsion Type (2017-2030)
13.5.8.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
13.5.8.3. Market Revenue and Forecast, by Inverter Type (2017-2030)
13.5.8.4. Market Revenue and Forecast, by Level of Integration (2017-2030)
13.5.8.5. Market Revenue and Forecast, by Distribution Channel (2017-2030)
Chapter 14. Company Profiles
14.1. Vitesco Technologies
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Robert Bosch GMBH
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. DENSO Corporation
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Toyota Industries Corporation
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. Hitachi Astemo Ltd
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Meidensha Corporation
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Aptiv PLC (Borgwarner Inc.)
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. Mitsubishi Electric Corporation
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Marelli Corporation
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Valeo Group
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global electric vehicle power inverter market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric vehicle power inverter are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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