Global Automotive Power Electronics in Electric Vehicles market cagr 11.9%

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Automotive Power Electronics in Electric Vehicles Market

Automotive Power Electronics in Electric Vehicles

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Automotive Power Electronics in Electric Vehicles

Market Size and Growth

The global Automotive Power Electronics in Electric Vehicles market is witnessing rapid growth due to increasing demand for electric vehicles. The market size is projected to reach $10.9 billion by 2025, driven by advancements in power electronics technology and government initiatives to reduce carbon emissions. Key players include Bosch, Infineon, and Texas Instruments. Request Sample Report

Companies Covered (Covid 19 Impact Covered)

◍ Renesas Electronics Corporation

◍ ABB Ltd

◍ Freescale Semiconductor

◍ Taiwan Semiconductors Manufacturing Company

◍ Texas Instruments

◍ Stmicroelectronics NV

◍ Rockwell Automation

◍ Vishay Intertechnology

◍ Fairchild Semiconductor International

◍ NXP Semiconductors N.V.

◍ Kongsberg automotive

◍ Microchip Technology

◍ Toshiba

◍ Gan Systems

The competitive landscape of Automotive Power Electronics in Electric Vehicles Market includes companies like Renesas Electronics Corporation, ABB Ltd, Freescale Semiconductor, Taiwan Semiconductors Manufacturing Company, Texas Instruments, STMicroelectronics NV, Rockwell Automation, Vishay Intertechnology, Fairchild Semiconductor International, NXP Semiconductors N.V., Kongsberg Automotive, Microchip Technology, Toshiba, and Gan Systems. These companies provide essential components for electric vehicles, such as power inverters, converters, and motor controllers, contributing to the growth of the Automotive Power Electronics in Electric Vehicles Market.

- Renesas Electronics Corporation: $8.60 Billion (FY 2020)

- ABB Ltd: $27.02 Billion (FY 2020)

- Texas Instruments: $14.46 Billion (FY 2020)

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Market Segmentation

By Application

◍ Passenger Cars

◍ LCVs

◍ Others

By Product

◍ Power IC

◍ Power Modules

◍ Power Discrete

◍ Others

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$ X Billion USD
Market Growth
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