The Power Electronics for Electric Vehicles Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The global Power Electronics for Electric Vehicles market is valued at 4603.5 million US$ in 2020 is expected to reach 6724.6 million US$ by the end of 2026, growing at a CAGR of 5.5% during 2021-2026.
To control the flow of energy, the switching electronic circuits are used. These switching electronic circuits are called power electronics. Power electronics are also considered for the conversion of electric power. Such conversions are performed by semiconductor devices like diodes, transistors and thyristors etc. Power electronics devices have several advantages including optimum forward and reverse backing capabilities, simplified circuits, compact designs etc. Moreover, power electronics find its applications in connection of renewable energy resources to power grids, transportation in electric trains, motor drives and lighting. The major use of power electronics devices is heat sinking as well as soft starting of equipment deploying power electronic devices. This report only covers electric vehicles segment.
The Power Electronics for Electric Vehicles industry is relatively concentrated, and high-end products mainly come from Europe and Japan.
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Top Leading Companies of Global Power Electronics for Electric Vehicles Market are Infineon Technologies, Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics, NXP Semiconductors, Microchip Technology and others.
Global Power Electronics for Electric Vehicles Market Split by Product Type and Applications:
This report segments the global Power Electronics for Electric Vehicles market based on Types are:
Based on Application, the Global Power Electronics for Electric Vehicles market is segmented into:
Global Power Electronics for Electric Vehicles Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Power Electronics for Electric Vehicles market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
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Important Sections from the Table of Contents:
- Global Power Electronics for Electric Vehicles Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Power Electronics for Electric Vehicles Market Forecast
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Power Electronics for Electric Vehicles Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Power Electronics for Electric Vehicles industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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