Global Automotive Power Electronics Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

Automotive

Global “Automotive Power Electronics Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Automotive Power Electronics in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Automotive Power Electronics Market report categorizes the market based on manufacturers, regions, type, and application. Automotive Power Electronics Market reports offer a detailed assessment of the Automotive Power Electronics including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Automotive Power Electronics market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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Advancements in Technology to Drive the Market

The advent of high frequency and high power switching devices has brought about a comprehensive application of power electronic converters for energy conversion and motion control. Advancements in technology in the form of safety and driver assistance systems, infotainment, powertrain advancements, and several others, due to the never-ending R&D in the automotive and power electronics sector, make power electronics one of the prominent segments in the current automotive market scenario. The electrical components in automotive systems have gradually evolved from basic lighting and battery charging to infotainment, sensors, and safety. Reduction in cost and size of the components and systems will play a pivotal role in the growth of the market. Switched-mode power supplies (SMPS), is one such advancement in power electronics, which helps to handle the high loads of a powertrain efficiently.

Integration of advanced driver assistance, safety, and convenience systems in almost all automotive vehicles will be the major factor boosting the demand for automotive power electronics. Also, the increase in the sale of electric and hybrid vehicles will considerably help the market to grow over the forecast period. Hybrid electric vehicles have already gathered a huge momentum globally, especially from the European and North American countries. This popularity of hybrid technology will help the growth of power electronics market to a reasonable extent. The dominance of electrics and electronics in these vehicles will constitute the bulk of the share in automotive power electronics market.

Incorporating electrical components and replacing the conventional mechanical and hydraulic loads in the powertrain will help to improve efficiency in the vehicle by about 20%. The use of power electronics in powertrain systems for better engine propulsion, like that in controlling the engine parts or for transmission and controls, will be a major trend in the market during the forecast period. The adoption of electronics in powertrain systems will be more applicable to electric vehicle concepts – hybrid (HEV) and pure (EV) with increased efforts by the regional governments and environmental agencies to lower emission levels.

Market Segmentation:

The market is segmented by device type, application, and geography. Among the different types of automotive power electronics applications, body electronics accounts for the majority, followed by safety and convenience systems. Powertrain and emission control are some of the other major power electronics applications in an automotive. The demand for lightweight multi-portable devices will help drive the growth of advanced power electronics significantly. Growing demand for passenger and light commercial vehicles from developing economies, such as China, India, and the Latin American countries (Brazil and Mexico), will help drive the market. Global economic uncertainty and a declining growth rate in production will pose a hindrance to the automotive electronics market.

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The global Automotive Power Electronics market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Automotive Power Electronics Market Report covers the Top Key-players in 2021:-

  • Renesas Electronics Corporation
  • ABB Ltd
  • Microsemi Corporation
  • Freescale Semiconductor
  • Inc
  • Taiwan Semiconductors Manufacturing Company Limited
  • Texas Instruments
  • Inc
  • Stmicroelectronics NV
  • Rockwell Automation Inc
  • Vishay Intertechnology Inc
  • Fairchild Semiconductor International Inc
  • NXP Semiconductors NV
  • Kongsberg Automotive
  • Microchip Technology
  • Toshiba
  • Gan Systems Inc

Highlighted points of Automotive Power Electronics Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Automotive Power Electronics Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Automotive Power Electronics? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Automotive Power Electronics Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Automotive Power Electronics Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Power Electronics Market?
  • What Is Current Market Status of Automotive Power Electronics Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Power Electronics Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Automotive Power Electronics Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Automotive Power Electronics Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Automotive Power Electronics Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Automotive Power Electronics Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Automotive Power Electronics Industry?

Key Developments in the Automotive Power Electronics Market:
February 2018: Punch Powertrain acquires French electronics firm Apogee.

Reasons to Purchase the Report:

  • To study the current and future market in the developed and emerging regions.
  • Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.
  • Identify the segment that is expected to dominate the market.
  • Identify the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares, and strategies employed by the major market players.
  • 3-month analyst support along with the Market Estimate sheet (in Excel).

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    Finally, the report Global Automotive Power Electronics Market 2021 describes the Automotive Power Electronics industry expansion game plan, the Automotive Power Electronics industry knowledge supply, appendix, analysis findings, and the conclusion.

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