Automotive Power Electronics market Report speaks about the Market analysis. The process is analyzed thoroughly with respect three points, viz. Types, Application and Manufacturers with associated Automotive Power Electronics Cost Analysis (material cost, labour cost, etc.) and Automotive Power Electronics market size.
Short Overview Of Automotive Power Electronics Market Report
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 â hybrid (HEV) and pure (EV) with increased efforts by the regional governments and environmental agencies to lower emission levels.
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.
Get PDF Sample of the Automotive Power Electronics Market Report @
Top key players:
- Renesas Electronics Corporation
- ABB Ltd
- Microsemi Corporation
- Freescale Semiconductor
- Taiwan Semiconductors Manufacturing Company Limited
- Texas Instruments
- Stmicroelectronics NV
- Rockwell Automation Inc
- Vishay Intertechnology Inc
- Fairchild Semiconductor International Inc
- NXP Semiconductors NV
- Kongsberg Automotive
- Microchip Technology
- Gan Systems Inc
Main points include in This Market Research Report contains additional information of following points are as follows:
- Market growth
- Market Trends
- Market Forecast
- Market Size
- Cost Analysis
Reasons to Purchase the Report:
Automotive Power Electronics market along with Report Research Design:
Automotive Power Electronics Market Historic Data (2013-2017):
- Industry Trends:Global Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Automotive Power Electronics Market Influencing Factors:
- Market Environment:Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Automotive Power Electronics Market Forecast (2018-2023):
- Market Size Forecast:Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue):Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
Have any special requirement on above Automotive Power Electronics market report? Ask to our Industry Expert @ https://www.researchreportsworld.com/enquiry/pre-order-enquiry/13102167
Trend and forecast analysis: Market trend, forecast and Analysis to 2023 by segments and region.
Segmentation analysis: Global Automotive Power Electronics market size by various applications such as product, material, shape, and end use in terms of value and volume shipment.
Regional analysis: Global Automotive Power Electronics market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions in the global Automotive Power Electronics
Strategic analysis:This includes new product development, and competitive landscape in the global Automotive Power Electronics
Prize of Report (SUL)= $ 4250
Purchase Complete Automotive Power Electronics Industry Report @
Automotive Power Electronics Market report also include data type such as capacity, production, market share, price, growth rate, consumption, import, export etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.