March 28, 2024

Electric Vehicle Power Inverter Market Size to Grow US$ 68.5 Billion By 2030

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.

Electric Vehicle Power Inverter Market Size 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

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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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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