Reports

Sale

Automotive Power Electronics Market

Global Automotive Power Electronics Market Size, Forecast: By Device Type: Power IC, Power Module, Power Discrete; By Application Type: ADAS and Safety, Body Control and Comfort, Infotainment, Telematics, Others; By Drive Type; By Component Type; By Vehicle Type; By Electric Vehicle Type; Regional Analysis; Competitive Landscape; 2024-2032

Global Automotive Power Electronics Market Outlook

The global automotive power electronics market size reached USD 3.86 billion in 2023. The market is expected to grow at a CAGR of 4.3% between 2024 and 2032, reaching almost USD 5.63 billion by 2032.

 

Key Takeaways:

  • China, according to the International Trade Administration, remains the world's top vehicle market with a projected 35 million vehicle production by 2025, boosting global automotive power electronics market growth.
  • The projected rise in vehicle electronic component content per vehicle, from one-third of the cost in 2010 to nearly half by 2030, marks significant growth.
  • Key to modern vehicle efficiency - automotive power electronics are crucial for electric, hybrid, and traditional internal combustion vehicles, promoting sustainability.

 

Automotive power electronics encompass the use of electronic systems and devices within vehicles to supervise and control electrical energy. These systems are pivotal for the efficient operation of modern vehicles, ranging from electric vehicles (EVs) and hybrid electric vehicles (HEVs) to conventional internal combustion engine vehicles.

 

Included in automotive power electronics are DC-DC converters for adjusting voltage, AC-DC converters for EV charging, inverters for motor power, battery management systems (BMS) for battery maintenance, and motor control systems. These components are essential for EV propulsion, battery replenishment, the management of auxiliary systems, regenerative braking, and the implementation of Vehicle-to-Grid (V2G) systems.

 

As per the global automotive power electronics market report, Since 2010, the proportion of electronic components within the total cost of a vehicle has been projected to increase significantly, reaching nearly half of the vehicle cost by 2030, compared to approximately one-third in 2010.

 

Global Automotive Power Electronics Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Trends and Developments

Factors like the expanding middle class, technological advancements, and rising electric vehicle demand propel the growth of the global automotive power electronics market.

 

November 2023

VisIC Technologies Ltd, a prominent figure in GaN power electronics, unveiled the groundbreaking V22TG D3GAN power package, housed in an innovative gull-wing led top-side cooled isolated package, marking a new era in automotive industry standards.

 

October 2023

Hyundai and Kia have entered a lasting partnership with Infineon for automotive power modules and chips, ensuring the supply of SiC and Si power components until 2030. Hyundai/Kia will financially support capacity expansion.

 

September 2023

MacDermid Alpha Electronics Solutions, a leading provider of integrated materials for electronics, showcased their latest solutions at The Electric & Hybrid Vehicle Technology Expo 2023, emphasizing improved inverter power and battery efficiency.

 

September 2023

Vitesco Technologies, a German powertrain supplier, has created a power module using transfer moulding. Set for delivery to a global automaker by mid-2025, this module will serve as a central component in electric vehicle power electronics.

 

Growing middle class

The global automotive power electronics market is experiencing growth due to the expanding middle class and rising disposable incomes. Shifting lifestyle choices, a heightened focus on safety and comfort, and the aim to reduce road accidents are driving the demand worldwide.

 

Technological advancements

The global automotive power electronics market development is buoyed by technological progress, notably AI and ML integration for safety enhancements like ADAS. Major companies are investing heavily in autonomous vehicles, aiming to revolutionize transportation and reduce reliance on human drivers.

 

Electronic vehicle demand

Numerous individuals opt for electric vehicles for urban commuting, driven by cost efficiency and growing environmental consciousness. This surge in global electric vehicle demand is fuelling the expansion of the market.

 

Power Modules and Semiconductors

There is an increasing need for power modules and semiconductors like insulated gate bipolar transistors (IGBTs) and silicon carbide (SiC) devices in the automotive sector. These elements provide enhanced efficiency, superior thermal characteristics, and increased power density, aligning with modern vehicle demands.

 

Global Automotive Power Electronics Market Trends

The automotive power electronics sector is progressing to meet the industry's focus on compact, lightweight designs. Manufacturers are producing smaller, more efficient components to fit into vehicles' limited spaces while maintaining performance.

 

As per the global automotive power electronics market analysis, the advancement of battery technologies, particularly in energy density and charging capabilities, is influencing the automotive power electronics market. Power electronics are essential for optimizing and managing the performance of these advanced batteries in electric vehicles (EVs).

 

Global Automotive Power Electronics Market by Segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Segmentation

Global Automotive Power Electronics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Device Type

  • Power IC
  • Power Module
    • Intelligent Power Module (IPM)
    • Power Integrated Module (PIM)
  • Power Discrete
    • Diode 
    • Transistor
    • Thyristor

 

Market Breakup by Application Type

  • ADAS and Safety
    • ADAS 
    • Electric Power Steering (EPS)
    • Anti-lock Braking System (ABS)
  • Body Control and Comfort
    • TPMS
    • Lighting 
      • Exterior Lighting
      • Interior Lighting 
    • Seat Control
      • Heated Seats
      • Seat Adjustment
    • HVAC
    • Start-Stop Module
  • Infotainment
    • Instrument Cluster
    • Audio System
  • Telematics
    • Vehicle Management
    • V2X
  • Engine Management and Powertrain
    • Engine Control
    • Transmission Control
  • Battery Management

 

Market Breakup by Drive Type

  • IC Engine Vehicle
  • Electric Vehicle

 

Market Breakup by Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

 

Market Breakup by Electric Vehicle Type 

  • Battery Electric Vehicles
  • Hybrid Electric Vehicles
  • Plug-in Hybrid Electric Vehicles

 

Market Breakup by Region       

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Electric vehicles are driving growth in the global automotive power electronics market

Electric vehicles offer benefits such as cheaper recharging, instant acceleration, and eco-friendliness.

 

In contrast, internal combustion engines have advantages such as a high power-to-weight ratio, readily available fuel, affordability, and user-friendliness.

 

In terms of device type, the global automotive power electronics market share is led by power modules which offers a compact and efficient solution for managing high-power applications within vehicles

Power module is employed in electric motors to convert DC from the vehicle battery into AC, which powers the vehicle propulsion system.

 

Power integrated circuits (ICs) in automotive power electronics integrate multiple components into a single chip, improving efficiency, regulating voltages, controlling motors, managing batteries, optimizing LED lighting, ensuring safety, and handling thermal conditions.

 

ADAS is driving the global automotive power electronics market growth through features such as collision avoidance, lane departure warning/assist, and blind spot detection

ADAS functionalities such as adaptive cruise control (ACC) regulate vehicle speed to uphold safe following distances, minimizing the need for manual speed adjustments by the driver. Traffic jam assist manages acceleration, braking, and steering during congested traffic conditions. Parking assistance assists in parallel or perpendicular parking by assuming control of steering.

 

Vehicle telematics combines GPS systems, onboard vehicle diagnostics, wireless telematics devices, and black box technologies to gather and transmit vehicle data such as speed, location, maintenance alerts, and service needs. This data is then cross-referenced with the vehicle's internal operations.

 

Global Automotive Power Electronics Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Competitive Landscape

The market key players are boosting the competition in the global automotive power electronics market by improving their product portfolio while also engaging in strategic collaborations.

 

Robert Bosch GmbH, founded in Germany in 1886, is a prominent global technology and services provider. The company excels in automotive components, industrial technology, consumer goods, and energy and building solutions. Known for its focus on innovation, Bosch is a pioneer in mobility solutions and Internet of Things (IoT) technologies.

 

Continental AG, also headquartered in Germany and founded in 1871, is a multinational corporation specializing in automotive manufacturing. Its focus includes tyres, brake systems, automotive safety, and powertrain components, making it a key player in the automotive industry with renowned technologies and solutions worldwide.

 

Infineon Technologies AG, founded in Germany in 1999, is a significant semiconductor manufacturer. It offers solutions for automotive, industrial, and security applications, recognized for its pioneering work in power electronics, sensors, and microcontrollers. Infineon is instrumental in the advancement of automotive electronics and electrification.

 

STMicroelectronics International N.V., based in Switzerland and established in 1987, is a global semiconductor giant. Renowned for its cutting-edge technologies in automotive electronics, IoT, and power management, STMicroelectronics focuses on innovation and sustainability, delivering state-of-the-art solutions across diverse industries and applications.

 

Other key players in the global automotive power electronics market are Mitsubishi Electric Corporation, Fuji Electric Co., Ltd., BorgWarner Inc., Danfoss A/S., Valeo, and Vishay Intertechnology, Inc. among others.

 

Global Automotive Power Electronics Market Analysis by Region

Asia Pacific holds a dominant position in the global automotive power electronics market. The region's development is driven by the growing production of vehicles and the growing number of automotive power electronics manufacturers. Furthermore, a significant population base, rising incomes in the middle class, and rapid urbanization contribute to considerable demand for vehicles, especially in countries like China, India, and Japan.

 

According to the International Trade Administration, China remains the largest vehicle market globally, leading in both annual sales and manufacturing output. Domestic production is expected to reach 35 million vehicles by 2025. Data from the Ministry of Industry and Information Technology reveals that in 2021, China sold over 26 million vehicles, comprising 21.48 million passenger vehicles and 4.79 million commercial units.

 

North America and Europe are also significant contributors to market growth due to the increasing adoption of electric vehicles and ongoing technological advancements.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Device Type
  • Application Type
  • Drive Type
  • Component Type
  • Vehicle Type
  • Electric Vehicle Type
  • Region
Breakup by Device Type
  • Power IC
  • Power Module
  • Power Discrete
Breakup by Application Type
  • ADAS and Safety
  • Body Control and Comfort
  • Infotainment
  • Telematics
  • Engine Management and Powertrain
  • Battery Management
Breakup by Drive Type
  • IC Engine Vehicle
  • Electric Vehicle
Breakup by Component Type
  • Sensor
  • Microcontroller Unit
  • Power Integrated Circuit
Breakup by Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
Breakup by Electric Vehicle Type
  • Battery Electric Vehicles
  • Hybrid Electric Vehicles
  • Plug-in Hybrid Electric Vehicles
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Robert Bosch GmbH
  • Continental AG
  • Infineon Technologies AG
  • STMicroelectronics International N.V.
  • Mitsubishi Electric Corporation
  • Fuji Electric Co., Ltd.
  • BorgWarner Inc.
  • Danfoss A/S.
  • Valeo
  • Vishay Intertechnology, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Automotive Power Electronics Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Automotive Power Electronics Historical Market (2018-2023) 
    8.3    Global Automotive Power Electronics Market Forecast (2024-2032)
    8.4    Global Automotive Power Electronics Market by Device Type
        8.4.1    Power IC
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Power Module
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Type
                8.4.2.3.1    Intelligent Power Module (IPM)
                8.4.2.3.2    Power Integrated Module (PIM)
        8.4.3    Power Discrete
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
            8.4.3.3    Breakup by Type
                8.4.3.3.1    Diode 
                8.4.3.3.2    Transistor
                8.4.3.3.3    Thyristor
    8.5    Global Automotive Power Electronics Market by Application Type
        8.5.1    ADAS and Safety
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
            8.5.1.3    Breakup by Type
                8.5.1.3.1    ADAS 
                8.5.1.3.2    Electric Power Steering (EPS)
                8.5.1.3.3    Anti-lock Braking System (ABS)
        8.5.2    Body Control and Comfort
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
            8.5.2.3    Breakup by Type
                8.5.2.3.1    TPMS
                8.5.2.3.2    Lighting 
                    8.5.2.3.2.1    Exterior Lighting
                    8.5.2.3.2.2    Interior Lighting 
                8.5.2.3.3    Seat Control
                    8.5.2.3.3.1    Heated Seats
                    8.5.2.3.3.2    Seat Adjustment
                8.5.2.3.4    HVAC
                8.5.2.3.5    Start-Stop Module
        8.5.3    Infotainment
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
            8.5.3.3    Breakup by Type
                8.5.3.3.1    Instrument Cluster
                8.5.3.3.2    Audio System
        8.5.4    Telematics
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
            8.5.4.3    Breakup by Type
                8.5.4.3.1    Vehicle Management
                8.5.4.3.2    V2X
        8.5.5    Engine Management and Powertrain
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
            8.5.5.3    Breakup by Type
                8.5.5.3.1    Engine Control
                8.5.5.3.2    Transmission Control
        8.5.6    Battery Management
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
    8.6    Global Automotive Power Electronics Market by Drive Type
        8.6.1    IC Engine Vehicle
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Electric Vehicle
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Automotive Power Electronics Market by Vehicle Type
        8.7.1    Passenger Cars
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Commercial Vehicles
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
    8.8    Global Automotive Power Electronics Market by Electric Vehicle Type 
        8.8.1    Battery Electric Vehicles
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Hybrid Electric Vehicles
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Plug-in Hybrid Electric Vehicles
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
    8.9    Global Automotive Power Electronics Market by Region       
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032)
9    North America Automotive Power Electronics Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Automotive Power Electronics Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Automotive Power Electronics Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Automotive Power Electronics Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Automotive Power Electronics Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Robert Bosch GmbH
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Continental AG
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Infineon Technologies AG
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    STMicroelectronics International N.V.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Mitsubishi Electric Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Fuji Electric Co., Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    BorgWarner Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Danfoss A/S.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Valeo
            16.2.9.1    Company Overview
            16.2.9.2    Product Portfolio
            16.2.9.3    Demographic Reach and Achievements
            16.2.9.4    Certifications
        16.2.10    Vishay Intertechnology, Inc.
            16.2.10.1    Company Overview
            16.2.10.2    Product Portfolio
            16.2.10.3    Demographic Reach and Achievements
            16.2.10.4    Certifications
        16.2.11    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Automotive Power Electronics Market: Key Industry Highlights, 2018 and 2032
2.    Global Automotive Power Electronics Historical Market: Breakup by Device Type (USD Billion), 2018-2023
3.    Global Automotive Power Electronics Market Forecast: Breakup by Device Type (USD Billion), 2024-2032
4.    Global Automotive Power Electronics Historical Market: Breakup by Application Type (USD Billion), 2018-2023
5.    Global Automotive Power Electronics Market Forecast: Breakup by Application Type (USD Billion), 2024-2032
6.    Global Automotive Power Electronics Historical Market: Breakup by Drive Type (USD Billion), 2018-2023
7.    Global Automotive Power Electronics Market Forecast: Breakup by Drive Type (USD Billion), 2024-2032
8.    Global Automotive Power Electronics Historical Market: Breakup by Component Type (USD Billion), 2018-2023
9.    Global Automotive Power Electronics Market Forecast: Breakup by Component Type (USD Billion), 2024-2032
10.    Global Automotive Power Electronics Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
11.    Global Automotive Power Electronics Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
12.    Global Automotive Power Electronics Historical Market: Breakup by Electric Vehicle Type (USD Billion), 2018-2023
13.    Global Automotive Power Electronics Market Forecast: Breakup by Electric Vehicle Type (USD Billion), 2024-2032
14.    Global Automotive Power Electronics Historical Market: Breakup by Region (USD Billion), 2018-2023
15.    Global Automotive Power Electronics Market Forecast: Breakup by Region (USD Billion), 2024-2032
16.    North America Automotive Power Electronics Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    North America Automotive Power Electronics Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Europe Automotive Power Electronics Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Europe Automotive Power Electronics Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Asia Pacific Automotive Power Electronics Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Asia Pacific Automotive Power Electronics Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Latin America Automotive Power Electronics Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Latin America Automotive Power Electronics Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Middle East and Africa Automotive Power Electronics  Historical Market: Breakup by Country (USD Billion), 2018-2023
25.    Middle East and Africa Automotive Power Electronics Market Forecast: Breakup by Country (USD Billion), 2024-2032
26.    Major Exporting Countries by Value
27.    Major Importing Countries by Value
28.    Major Exporting Countries by Volume
29.    Major Importing Countries by Volume
30.    Global Automotive Power Electronics Market Structure

Key Questions Answered in the Report

The global market was valued at USD 3.86 billion in 2023.

The market is projected to grow at a CAGR of 4.3% between 2024 and 2032.

The revenue generated from the automotive power electronics market is expected to reach USD 5.63 billion in 2032.

Factors like the expanding middle class, technological advancements, and rising electric vehicle demand propel the growth of the automotive power electronics market.

The automotive power electronics market is categorised according to its device type, which includes power IC, power module-intelligent power module (IPM), power integrated module (PIM), power discrete-diode, transistor, and thyristor.

The key players are Robert Bosch GmbH, Continental AG, Infineon Technologies AG, STMicroelectronics International N.V., Mitsubishi Electric Corporation, Fuji Electric Co., Ltd., BorgWarner Inc., Danfoss A/S., Valeo, and Vishay Intertechnology, Inc. among others.

Based on the drive type, the automotive power electronics market is divided into IC engine vehicles and electric vehicles.

The major areas include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Based on the vehicle type, the automotive power electronics market is divided into passenger cars and commercial vehicles.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER