Power Electronics for Electric Vehicles Market
Power Electronics for Electric Vehicles Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Power Electronics for Electric Vehicles Market Size and Growth
The global Power Electronics for Electric Vehicles market is expected to grow at a significant rate due to the increasing demand for electric vehicles. The market size is estimated to reach USD 8.6 billion by 2026, driven by advancements in technology and government initiatives to promote sustainable transportation.
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Companies Covered (Covid 19 Impact Covered)
◍ Infineon Technologies
◍ Mitsubishi Electric
◍ Fuji Electric
◍ SEMIKRON
◍ ON Semiconductor
◍ Renesas Electronics
◍ Vishay Intertechnology
◍ Texas Instruments
◍ Toshiba
◍ Stmicroelectronics
◍ NXP Semiconductors
◍ Microsemi Corporation
The competitive landscape of Power Electronics for Electric Vehicles Market includes companies like Infineon Technologies, Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics, NXP Semiconductors, and Microsemi Corporation. These companies provide power electronics solutions for electric vehicles, helping to drive the growth of the market.
- Infineon Technologies: $8.25 billion
- Mitsubishi Electric: $35.95 billion
- Fuji Electric: $7.50 billion
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Market Segmentation
By Application
◍ HEV
◍ EV
◍ PHEV
By Product
◍ Power IC
◍ Power Module
◍ Power Discrete
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$ X Billion USD
Market Growth
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