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Automotive Inverter Market - A Global and Regional Analysis

Focus on Vehicle Type, Propulsion Type, Power Output, Material Type, Technology, and Regional Analysis - Analysis and Forecast, 2020-2031

 
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The inverter in an electric vehicle is a device that transforms energy from the vehicle's batteries to power the drivetrain's motors. Because of its weight and size, this important component has a direct influence on the vehicle's road performance, driving range, and dependability. These converters must be able to manage high power and currents, as well as the related electromagnetic compatibility (EMC) difficulties, and enable the fail-safe operation to assure reliability and safety for the driver and passengers.

The key trends in the automotive inverter market include the prominence of double-sided direct cooling inverters, the growing application of multilevel inverters, and the trend of combining inverters and DC/DC converters.

The global automotive inverter market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. According to BIS Research analysis, the majority of the companies preferred partnerships, collaborations, and joint ventures as a key strategy to further increase their growth in the global automotive inverter market. Companies such as Continental AG, Denso Corporation, Siemens AG, and Toshiba Corporation have majorly adopted partnerships, collaborations, and joint ventures strategy.

A new entrant can focus on ways to acquire cheaper raw materials such as semiconductors through a major semiconductors hub. Moreover, it can focus on researching gallium nitride, which would be the major inverter material to be used in electric vehicles.

•    Extensive competitive benchmarking of the top 15 players to offer a holistic view of the global automotive inverter market landscape
•    Market ranking analysis based on product portfolio, recent developments, and regional spread
•   Analysis of the investment landscape, including product adoption scenario, funding, and patent analysis

The companies that manufacture and commercialize automotive inverters and also companies that produce raw materials for inverters, semiconductor manufacturers, automotive OEMs, research institutions, and regulatory bodies.

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