Power Module for Electric Vehicle Market

To control the flow of energy, the switching electronic circuits are used. These switching electronic circuits are called power electronics. Power electronics are also considered for the conversion of electric power. Such conversions are performed by semiconductor devices like diodes, transistors and thyristors etc. Power electronics devices have several advantages including optimum forward and reverse backing capabilities, simplified circuits, compact designs etc. Moreover, power electronics find its applications in connection of renewable energy resources to power grids, transportation in electric trains, motor drives and lighting. The major use of power electronics devices is heat sinking as well as soft starting of equipment deploying power electronic devices. Power Module for Electric Vehicle Market only covers electric vehicles segment.
Power Module for Electric Vehicle Market contains market size and forecasts of Power Module for Electric Vehicle in global, including the following market information:
Global Power Module for Electric Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Power Module for Electric Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Power Module for Electric Vehicle companies in 2021 (%)
The global Power Module for Electric Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
GaN Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Power Module for Electric Vehicle include Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba and Stmicroelectronics, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Power Module for Electric Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Module for Electric Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Module for Electric Vehicle Market Segment Percentages, by Type, 2021 (%)
GaN
SiC
Others
Global Power Module for Electric Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Module for Electric Vehicle Market Segment Percentages, by Application, 2021 (%)
HEV
EV
PHEV
Global Power Module for Electric Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Power Module for Electric Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Power Module for Electric Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Power Module for Electric Vehicle revenues share in global market, 2021 (%)
Key companies Power Module for Electric Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Power Module for Electric Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsubishi Electric
Fuji Electric
SEMIKRON
ON Semiconductor
Renesas Electronics
Vishay Intertechnology
Texas Instruments
Toshiba
Stmicroelectronics
NXP Semiconductors
Microsemi Corporation