Automotive Power Electronics Market

Automotive Power Electronics Market by Power ICs and Power Modules/Discretes for Passenger Cars and Commercial Vehicles from 2023 to 2033

Analysis of Automotive Power Electronics Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Automotive Power Electronics Market Outlook (2023 to 2033)

The global automotive power electronics market is anticipated to rise at a CAGR of 4.1% and reach a market valuation of US$ 6 billion by the end of 2033, up from US$ 4 billion in 2023.

Power electronics is the branch of electronics concerned with the control of power fluctuation in components such as monitoring diodes, transistors, and others. Power electronics are made up of a solid-state circuit device that transmits current from the source to the load and improves energy conservation by controlling power.

Power electronics permit current to flow in both directions, enhancing system efficiency by enduring high power temperatures. They are widely used in automobiles' interior and exterior, including telematics and infotainment systems, powertrain, safety and security systems, and body electronics.

The outbreak of COVID-19 adversely affected the global automotive industry. The industry's negative growth was due to delays in supply chain activities, disruptions in large-scale production, travel restrictions, and lower sales of light vehicles in 2020.

Furthermore, the trade war between the United States and China, as well as a halt in raw material exports from China, had an influence on the global automotive power electronics market. Nevertheless, economic activities resumed during the second half of 2020, and the market is expected to regain pace during the projection period.

The automotive industry is investing massively in research and development to produce high-performance electronics and energy storage technology at a reasonable cost. Furthermore, OEMs are increasingly relying on electronics to accomplish a superior level of safety.

The transition of the automobile industry from largely mechanized systems to the incorporation of electronic systems is playing a crucial role in boosting market growth. Furthermore, the significance of power electronics in the operation of body electronics, chassis systems, telematics, safety and security systems, and infotainment systems is adding to the market's continuous expansion.

Moreover, strict government regulations in several nations to reduce carbon footprint are considerably catalyzing vehicle electrification, consequently bolstering the market growth.

Rising consumer preference for innovative technologies with improved safety features for a greater driving experience is also driving market expansion. Furthermore, developments in automotive technologies and research activities to revolutionize power electronics to build a fuel economy are expected to propel the global market growth throughout the forecast period.

As per Fact.MR, a market research and competitive intelligence provider, such aspects are projected to raise the global demand for automotive power electronics over the next ten years.

Report Attributes

Details

Automotive Power Electronics Market Size (2023)

US$ 4 Billion

Projected Market Value (2033)

US$ 6 Billion

Global Market Growth Rate (2023 to 2033)

4.1% CAGR

Asia Pacific Market Share (2022)

38.7%

Passenger Cars Segment Growth Rate (2023 to 2033)

3.7% CAGR

Key Companies Profiled

  • Infineon Technologies AG
  • Texas Instruments, Inc
  • Mitsubishi Electric Corporation
  • NXP Semiconductors NV
  • Toshiba Corporation
  • Robert Bosch GmbH

Which Factor is Pushing the Sales Growth of Automotive Power Electronics?

“Increasing Usage of Electric Vehicles across the World”

The introduction of electric vehicles (EVs) is one of the most significant advances in environmental conservation. Electric vehicles run on electricity rather than fossil fuels and are thus environmentally beneficial.

The move to electric mobility to decarbonize the transportation industry is boosting the manufacturing and sale of electric vehicles around the world, increasing the demand for automotive power electronics. This is because automotive power electronics are used to control and manage the flow of electrical energy in electric vehicle systems such as lighting, heating and ventilation, and entertainment. Power electronics are highly efficient, and the usage of MOSFETs in power electronic switches minimizes the overall size of the automotive powertrain.

Growing production and sales of hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs) are predicted to open up considerable potential for the global market. Furthermore, the growing number of charging stations encourages the adoption of power electronic components, including insulated gate bipolar transistors (IGBT), intelligent power modules (IPMs), power management integrated circuits (PMICs), and standard & power integrated modules.

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Developments by Start-ups

Leadrive, a start-up based in Germany, creates power modules for electric drive systems. The start-up's electrification solution includes fully automated production lines, high-performance drivetrain components, tailored software packages, and laboratory infrastructure for customization.

Its power modules also have improved loop inductance design, reliable ceramics and substrate material, and a direct water-cooling PinFin design. In this approach, Leadrive offers the automotive sector-wide bandgap components and modules that raise the effectiveness of vehicle systems.

Leapers Semiconductors, a Chinese start-up, specializes in the device design, wafer processing, and module packaging design of IGBT and SiC solutions. Its power electronics modules have been refined for high power density, low thermal resistance, and efficient heat dissipation. Leapers accomplishes this by using low inductance designs with symmetrical structures that are appropriate for high-frequency switching.

Leapers' packaging and processing technology also enables miniaturization and lightweight inverters and electrical drive systems to ensure high efficiency for electric vehicles.

Automotive Power Electronics Market Summary and Forecast by Fact.MR

Country-wise Insights

Why are Japan and South Korea Major Contributors to Asia Pacific Market Growth?

“Increasing Vehicle Production and Strong Use of Modern Electronics”

Asia Pacific is dominating the worldwide market for automotive power electronics. Asia Pacific captured 38.7% of the global market in 2022. The region's expanding vehicle production and the increasing presence of automotive power electronics manufacturers are driving market expansion. Furthermore, a large population base, rising middle-class income, and rapid urbanization drive significant vehicle demand, supporting the market development of automotive power electronics.

Japan and South Korea are major contributors to the regional market growth due to increasing vehicle manufacturing and greater use of modern electronics. The governments of these countries have acknowledged the automobile industry's potential for expansion and are adopting a variety of efforts to entice prominent OEMs to enter their domestic markets.

Japan is an important market for innovative electrical and electronic components.

  • In 2021, the Ministry of Land, Infrastructure, Transport, and Tourism (MLITT) announced intentions to mandate autonomous emergency braking (AEB) on all new passenger vehicles. Current models will be equipped with AEB by December 2025, and all imported vehicles will be equipped with AEB by June 2024.

Will the United States Stand Out in the Global Market?

“Presence of Prominent EV Makers in the Country”

Demand for automotive power electronics is escalating in North America due to the increasing acceptance of advanced technologies in automobiles and the growing demand for connected cars in the region.

The United States is a leading market for automotive power electronics in the region. The presence of automotive behemoths such as Tesla and General Electric is pushing the large-scale manufacture of electric vehicles, which is increasing the demand for power electronics. Moreover, the rapid adoption of electric vehicles and new developments in battery technology are propelling the country's market growth.

How are Sales of Automotive Power Electronics Shaping Up in Germany?

“Huge Auto Industry in Germany to Make it a Prominent Market”

The European market is experiencing considerable growth. The sales of automotive power electronics are increasing in Germany due to the growing demand for electric vehicles as a result of strict government rules on vehicle emissions.

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Category-wise Insights

Why are Automotive Power Electronics Finding Great Usage in Passenger Vehicles?

“High Customer Demand for Safety Systems and Fuel-efficient Technology”

Demand for automotive power electronics in passenger vehicles is estimated to expand at a CAGR of 3.7% during the forecast period. This is due to the rising demand for safety systems and fuel-efficient technology linked with vehicle powertrains in passenger vehicles.

Over the last five to ten years, passenger vehicles have been outfitted with a variety of comfort, safety, entertainment, and vehicle management technologies. This is due to reasons such as evolving car buyer preferences, which are backed by government legislation aimed at improving vehicle safety.

Manufacturers are also highly active in developing new variants and models of vehicles to meet customer demand. Growing populations in emerging countries are pushing OEMs to include specific features in new passenger vehicle models. OEMs are also attempting to adopt new technology or features in the mass-manufactured vehicle category, i.e., passenger vehicles.

Competitive Landscape

The global market is moderately concentrated, with big manufacturers dominating the market. Key players in the automotive power electronics market are focusing on increasing their product portfolios and investing in R&D operations to develop sophisticated products. Moreover, many start-ups are concentrating on new developments to gain market share.

  • Panasonic Corporation and Infineon Technologies AG inked an agreement in September 2021 to collaborate on the research and manufacturing of the second generation (Gen2) of their renowned gallium nitride (GaN) technology, which will enable improved efficiency and power density levels.
  • STMicroelectronics released STi2GaN solutions for automotive applications in June 2021. The STi2GaN series combines drivers and protections in GaN technology, a monolithic power stage, and System-in-Package (SiP) solutions for application-specific ICs with extra processing and control circuitry.
  • Infineon Technologies AG acquired Cypress Semiconductor Company in April 2020. Cypress brings a distinct range of software ecosystems, microcontrollers, connectivity components, and high-performance storage.
  • Infineon Technologies introduced the CoolMOS CFD7A series in April 2020. These high-performance, silicon-based components are suitable for use in both the PFC and DC-DC stages of onboard charger systems, as well as HV-LV DC-DC converters designed exclusively for EV applications.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Key Segments of Automotive Power Electronics Industry Research

  • By Device Type :

    • Power ICs
    • Power Modules/Discretes
  • By Drive Type :

    • IC Engine Vehicles
    • Electric Vehicles
  • By Vehicle Type :

    • Passenger Cars
    • Commercial Vehicles
  • By Electric Vehicle Type :

    • Battery Electric Vehicles
    • Hybrid Electric Vehicles
    • Plug-in Hybrid Electric Vehicles
  • By Application :

    • Body Electronics
    • Chassis & Powertrain
    • Infotainment & Telematics
    • Safety & Security Systems
  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific & China
    • Middle East & Africa

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Market Background

    4.1. Macro-Economic Factors

        4.1.1. Rise in Expenditure

        4.1.2. Increased Per Capita Expenditure

    4.2. Forecast Factors - Relevance & Impact

        4.2.1. Product in Pipeline

        4.2.2. Regulatory Scenario

        4.2.3. Mergers and Acquisitions

        4.2.4. Collaborative Agreements

        4.2.5. Value Chain

    4.3. Market Dynamics

        4.3.1. Drivers

        4.3.2. Restraints

        4.3.3. Opportunity Analysis

    4.4. COVID19 Crisis Analysis

        4.4.1. Current COVID19 Statistics and Probable Future Impact

        4.4.2. Current GDP Projection and Probable Impact

        4.4.3. Current Economic Projection as Compared to 2008 Economic analysis

        4.4.4. COVID19 and Impact Analysis

            4.4.4.1. Revenue By Device Type

            4.4.4.2. Revenue By Vehicle Type

            4.4.4.3. Revenue By Drive Type

            4.4.4.4. Revenue By Electric Vehicle Type

            4.4.4.5. Revenue By Application

            4.4.4.6. Revenue By Country

        4.4.5. 2020 Market Scenario

        4.4.6. Quarter by Quarter Forecast

        4.4.7. Projected Recovery Quarter

        4.4.8. Recovery Scenario – Short term, Midterm and Long Term Impact

5. Market Context

    5.1. Adoption and Usage Analysis

    5.2. Market Evolution

    5.3. Product Vs Vehicle Type Matrix

    5.4. Regulatory Scenario

    5.5. Parent Market Analysis

    5.6. Key Promotional Strategies by Market Players

6. Global Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Device Type

    6.2. Pricing Break-up

        6.2.1. Manufacturer Level Pricing

        6.2.2. Distributor Level Pricing

    6.3. Global Average Pricing Analysis Benchmark

7. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033

    7.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2022

    7.2. Current and Future Market Value (US$ Mn) Projections, 2023 to 2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device Type

    8.1. Introduction / Key Findings Device Type, 2018 to 2022

    8.2. Historical Market Size (US$ Mn) Analysis By Device Type, 2018 to 2022

    8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Device Type, 2023 to 2033

        8.3.1. Power ICs

        8.3.2. Power Modules/Discretes

    8.4. Market Attractiveness Analysis By Device Type

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Drive Type

    9.1. Introduction / Key Findings Drive Type, 2018 to 2022

    9.2. Current and Future Market Size (US$ Mn) Analysis and Forecast By Drive Type, 2023 to 2033

        9.2.1. IC Engine Vehicles

        9.2.2. Electric Vehicles

    9.3. Market Attractiveness Analysis By Drive Type

10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Vehicle Type

    10.1. Introduction / Key Findings Vehicle Type Size, 2018 to 2022

    10.2. Current and Future Market Size (US$ Mn) Analysis and Forecast By Vehicle Type, 2023 to 2033

        10.2.1. Passenger Cars

        10.2.2. Commercial Vehicles

    10.3. Market Attractiveness Analysis By Vehicle Type

11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Electric Vehicle Type

    11.1. Introduction / Key Findings Electric Vehicle Type, 2018 to 2022

    11.2. Current and Future Market Size (US$ Mn) Analysis and Forecast By Electric Vehicle Type, 2023 to 2033

        11.2.1. Battery Electric Vehicles

        11.2.2. Hybrid Electric Vehicles

        11.2.3. Plug-in Hybrid Electric Vehicles

    11.3. Market Attractiveness Analysis By Electric Vehicle Type

12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) Analysis By Application, 2018 to 2022

    12.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Application, 2023 to 2033

        12.3.1. Body Electronics

        12.3.2. Chassis & Powertrain

        12.3.3. Infotainment & Telematics

        12.3.4. Safety & Security Systems

    12.4. Market Attractiveness Analysis By Application

13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    13.1. Introduction

    13.2. Historical Market Size (US$ Mn) Analysis By Region, 2018 to 2022

    13.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2023 to 2033

        13.3.1. North America

        13.3.2. Latin America

        13.3.3. Europe

        13.3.4. East Asia

        13.3.5. South Asia

        13.3.6. Oceania

        13.3.7. Middle East and Africa (MEA)

    13.4. Market Attractiveness Analysis By Region

14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033

        14.3.1. By Country

            14.3.1.1. United States

            14.3.1.2. Canada

        14.3.2. By Device Type

        14.3.3. By Drive Type

        14.3.4. By Vehicle Type

        14.3.5. By Electric Vehicle Type

        14.3.6. By Application

    14.4. Market Attractiveness Analysis

    14.5. Market Trends

    14.6. Key Market Participants - Intensity Mapping

    14.7. Drivers and Restraints - Impact Analysis

15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022

    15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033

        15.3.1. By Country

            15.3.1.1. Germany

            15.3.1.2. Italy

            15.3.1.3. France

            15.3.1.4. United Kingdom

            15.3.1.5. Spain

            15.3.1.6. Rest of Europe

        15.3.2. By Device Type

        15.3.3. By Drive Type

        15.3.4. By Vehicle Type

        15.3.5. By Electric Vehicle Type

        15.3.6. By Application

    15.4. Market Attractiveness Analysis

    15.5. Market Trends

    15.6. Key Market Participants - Intensity Mapping

    15.7. Drivers and Restraints - Impact Analysis

16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022

    16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033

        16.3.1. By Country

            16.3.1.1. GCC Countries

            16.3.1.2. South Africa

            16.3.1.3. Rest of Middle East and Africa

        16.3.2. By Device Type

        16.3.3. By Drive Type

        16.3.4. By Vehicle Type

        16.3.5. By Electric Vehicle Type

        16.3.6. By Application

    16.4. Market Attractiveness Analysis

    16.5. Market Trends

    16.6. Key Market Participants - Intensity Mapping

    16.7. Drivers and Restraints - Impact Analysis

17. Rest of the World Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022

    17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033

        17.3.1. By Device Type

        17.3.2. By Drive Type

        17.3.3. By Vehicle Type

        17.3.4. By Electric Vehicle Type

        17.3.5. By Application

    17.4. Market Attractiveness Analysis

    17.5. Market Trends

    17.6. Key Market Participants - Intensity Mapping

    17.7. Drivers and Restraints - Impact Analysis

18. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    18.1. Introduction

        18.1.1. Market Value Proportion Analysis, By Key Countries

        18.1.2. Global Vs. Country Growth Comparison

    18.2. United States Market Analysis

        18.2.1. By Device Type

        18.2.2. By Drive Type

        18.2.3. By Vehicle Type

        18.2.4. By Electric Vehicle Type

        18.2.5. By Application

    18.3. Canada Market Analysis

        18.3.1. By Device Type

        18.3.2. By Drive Type

        18.3.3. By Vehicle Type

        18.3.4. By Electric Vehicle Type

        18.3.5. By Application

    18.4. United Kingdom Market Analysis

        18.4.1. By Device Type

        18.4.2. By Drive Type

        18.4.3. By Vehicle Type

        18.4.4. By Electric Vehicle Type

        18.4.5. By Application

    18.5. Germany Market Analysis

        18.5.1. By Device Type

        18.5.2. By Drive Type

        18.5.3. By Vehicle Type

        18.5.4. By Electric Vehicle Type

        18.5.5. By Application

    18.6. France Market Analysis

        18.6.1. By Device Type

        18.6.2. By Drive Type

        18.6.3. By Vehicle Type

        18.6.4. By Electric Vehicle Type

        18.6.5. By Application

    18.7. Italy Market Analysis

        18.7.1. By Device Type

        18.7.2. By Drive Type

        18.7.3. By Vehicle Type

        18.7.4. By Electric Vehicle Type

        18.7.5. By Application

    18.8. Spain Market Analysis

        18.8.1. By Device Type

        18.8.2. By Drive Type

        18.8.3. By Vehicle Type

        18.8.4. By Electric Vehicle Type

        18.8.5. By Application

        18.8.6. By Application

    18.9. GCC Countries Market Analysis

        18.9.1. By Device Type

        18.9.2. By Drive Type

        18.9.3. By Vehicle Type

        18.9.4. By Electric Vehicle Type

        18.9.5. By Application

    18.10. South Africa Market Analysis

        18.10.1. By Device Type

        18.10.2. By Drive Type

        18.10.3. By Vehicle Type

        18.10.4. By Electric Vehicle Type

        18.10.5. By Application

19. Market Structure Analysis

    19.1. Market Analysis by Tier of Companies

    19.2. Market Concentration

    19.3. Market Share Analysis of Top Players

    19.4. Market Presence Analysis

        19.4.1. By Regional footprint of Players

        19.4.2. Product foot print by Players

        19.4.3. Channel Foot Print by Players

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Competition Benchmarking

    20.3. Competition Deep Dive

        20.3.1. Infineon Technologies AG

            20.3.1.1. Overview

            20.3.1.2. Product Portfolio

            20.3.1.3. Analyst Commentary

            20.3.1.4. Key Financials

            20.3.1.5. Recent Developments

            20.3.1.6. Sales Footprint

            20.3.1.7. Strategy Overview

                20.3.1.7.1. Marketing Strategy

                20.3.1.7.2. Product Strategy

                20.3.1.7.3. Channel Strategy

        20.3.2. Texas Instruments, Inc

            20.3.2.1. Overview

            20.3.2.2. Product Portfolio

            20.3.2.3. Analyst Commentary

            20.3.2.4. Key Financials

            20.3.2.5. Recent Developments

            20.3.2.6. Sales Footprint

            20.3.2.7. Strategy Overview

                20.3.2.7.1. Marketing Strategy

                20.3.2.7.2. Product Strategy

                20.3.2.7.3. Channel Strategy

        20.3.3. Mitsubishi Electric Corporation

            20.3.3.1. Overview

            20.3.3.2. Product Portfolio

            20.3.3.3. Analyst Commentary

            20.3.3.4. Key Financials

            20.3.3.5. Recent Developments

            20.3.3.6. Sales Footprint

            20.3.3.7. Strategy Overview

                20.3.3.7.1. Marketing Strategy

                20.3.3.7.2. Product Strategy

                20.3.3.7.3. Channel Strategy

        20.3.4. NXP Semiconductors NV

            20.3.4.1. Overview

            20.3.4.2. Product Portfolio

            20.3.4.3. Analyst Commentary

            20.3.4.4. Key Financials

            20.3.4.5. Recent Developments

            20.3.4.6. Sales Footprint

            20.3.4.7. Strategy Overview

                20.3.4.7.1. Marketing Strategy

                20.3.4.7.2. Product Strategy

                20.3.4.7.3. Channel Strategy

        20.3.5. Toshiba Corporation

            20.3.5.1. Overview

            20.3.5.2. Product Portfolio

            20.3.5.3. Analyst Commentary

            20.3.5.4. Key Financials

            20.3.5.5. Recent Developments

            20.3.5.6. Sales Footprint

            20.3.5.7. Strategy Overview

                20.3.5.7.1. Marketing Strategy

                20.3.5.7.2. Product Strategy

                20.3.5.7.3. Channel Strategy

        20.3.6. Robert Bosch GmbH

            20.3.6.1. Overview

            20.3.6.2. Product Portfolio

            20.3.6.3. Analyst Commentary

            20.3.6.4. Key Financials

            20.3.6.5. Recent Developments

            20.3.6.6. Sales Footprint

            20.3.6.7. Strategy Overview

                20.3.6.7.1. Marketing Strategy

                20.3.6.7.2. Product Strategy

                20.3.6.7.3. Channel Strategy

21. Assumptions and Acronyms Used

22. Research Methodology

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List Of Table

Table 01: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device Type

Table 02: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drive Type

Table 03: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type

Table 04: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Electric Vehicle Type

Table 05: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

Table 06: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Electric Vehicle Type Age Group

Table 07: Global Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

Table 08: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

Table 09: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device Type

Table 10: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type

Table 11: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drive Type

Table 12: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Electric Vehicle Type

Table 13: North America Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

Table 14: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

Table 15: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device Type

Table 16: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type

Table 17: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drive Type

Table 18: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Electric Vehicle Type

Table 19: Europe Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

Table 20: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

Table 21: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device Type

Table 22: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type

Table 23: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drive Type

Table 24: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Electric Vehicle Type

Table 25: Middle East and Africa Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

Table 26: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Device Type

Table 27: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type

Table 28: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drive Type

Table 29: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Electric Vehicle Type

Table 30: Rest of the World Market Size (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033

Figure 02: Global Market Absolute $ Opportunity, 2023 to 2033

Figure 03: Global Market Share Analysis (%), By Device Type, 2023 & 2033

Figure 04: Global Market Y-o-Y Analysis (%), By Device Type, 2023 to 2033

Figure 05: Global Market Attractiveness Analysis By Device Type, 2023 to 2033

Figure 06: Global Market Share Analysis (%), By Drive Type, 2023 & 2033

Figure 07: Global Market Y-o-Y Analysis (%), By Drive Type, 2023 to 2033

Figure 08: Global Market Attractiveness Analysis By Drive Type, 2023 to 2033

Figure 09: Global Market Share Analysis (%), By Vehicle Type, 2023 & 2033

Figure 10: Global Market Y-o-Y Analysis (%), By Vehicle Type, 2023 to 2033

Figure 11: Global Market Attractiveness Analysis By Vehicle Type, 2023 to 2033

Figure 12: Global Market Share Analysis (%), By Electric Vehicle Type, 2023 & 2033

Figure 13: Global Market Y-o-Y Analysis (%), By Electric Vehicle Type, 2023 to 2033

Figure 14: Global Market Attractiveness Analysis By Electric Vehicle Type, 2023 to 2033

Figure 15: Global Market Share Analysis (%), By Application, 2023 & 2033

Figure 16: Global Market Y-o-Y Analysis (%), By Application , 2023 to 2033

Figure 17: Global Market Attractiveness Analysis, By Application, 2023 to 2033

Figure 18: Global Market Share Analysis (%), By Electric Vehicle Type Age Group, 2023 & 2033

Figure 19: Global Market Y-o-Y Analysis (%), By Electric Vehicle Type Age Group, 2023 to 2033

Figure 20: Global Market Attractiveness Analysis By Electric Vehicle Type Age Group, 2023 to 2033

Figure 21: Global Market Share Analysis (%), By Region, 2023 & 2033

Figure 22: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033

Figure 23: Global Market Attractiveness Analysis, By Region, 2023 to 2033

Figure 24: North America Market Value Share, By Device Type, 2023 (E)

Figure 25: North America Market Value Share, By Vehicle Types 2023 (E)

Figure 26: North America Market Value Share, By Drive Type, 2023 (E)

Figure 27: North America Market Value Share, By Electric Vehicle Type, 2023 (E)

Figure 28: North America Market Value Share, By Application, 2023 (E)

Figure 29: North America Market Value Share, By Country, 2023 (E)

Figure 30: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033

Figure 31: North America Market Attractiveness Analysis By Device Type, 2023 to 2033

Figure 32: North America Market Attractiveness Analysis By Vehicle Type, 2023 to 2033

Figure 33: North America Market Attractiveness Analysis By Drive Type, 2023 to 2033

Figure 34: North America Market Attractiveness Analysis By Electric Vehicle Type, 2023 to 2033

Figure 35: North America Market Attractiveness Analysis By Application, 2023 to 2033

Figure 36: North America Market Attractiveness Analysis By Country, 2023 to 2033

Figure 37: Europe Market Value Share, By Device Type, 2023 (E)

Figure 38: Europe Market Value Share, By Vehicle Types 2023 (E)

Figure 39: Europe Market Value Share, By Drive Type, 2023 (E)

Figure 40: Europe Market Value Share, By Electric Vehicle Type, 2023 (E)

Figure 41: Europe Market Value Share, By Application, 2023 (E)

Figure 42: Europe Market Value Share, By Country, 2023 (E)

Figure 43: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033

Figure 44: Europe Market Attractiveness Analysis By Device Type, 2023 to 2033

Figure 45: Europe Market Attractiveness Analysis By Vehicle Type, 2023 to 2033

Figure 46: Europe Market Attractiveness Analysis By Drive Type, 2023 to 2033

Figure 47: Europe Market Attractiveness Analysis By Electric Vehicle Type, 2023 to 2033

Figure 48: Europe Market Attractiveness Analysis By Drive Type, 2023 to 2033

Figure 49: Europe Market Attractiveness Analysis By Country, 2023 to 2033

Figure 50: Middle East and Africa Market Value Share, By Device Type, 2023 (E)

Figure 51: Middle East and Africa Market Value Share, By Vehicle Type, 2023 (E)

Figure 52: Middle East and Africa Market Value Share, By Drive Type, 2023 (E)

Figure 53: Middle East and Africa Market Value Share, By Electric Vehicle Type, 2023 (E)

Figure 54: Middle East and Africa Market Value Share, By Application, 2023 (E)

Figure 55: Middle East and Africa Market Value Share, By Country, 2023 (E)

Figure 56: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033

Figure 57: Middle East and Africa Market Attractiveness Analysis By Device Type, 2023 to 2033

Figure 58: Middle East and Africa Market Attractiveness Analysis By Vehicle Type, 2023 to 2033

Figure 59: Middle East and Africa Market Attractiveness Analysis By Drive Type, 2023 to 2033

Figure 60: Middle East and Africa Market Attractiveness Analysis By Electric Vehicle Type, 2023 to 2033

Figure 61: Middle East and Africa Market Attractiveness Analysis By Application, 2023 to 2033

Figure 62: Middle East and Africa Market Attractiveness Analysis By Country, 2023 to 2033

Figure 63: Rest of the World Market Value Share, By Device Type, 2023 (E)

Figure 64: Rest of the World Market Value Share, By Vehicle Types 2023 (E)

Figure 65: Rest of the World Market Value Share, By Drive Type, 2023 (E)

Figure 66: Rest of the World Market Value Share, By Electric Vehicle Type, 2023 (E)

Figure 67: Rest of the World Market Value Share, By Application, 2023 (E)

Figure 68: Rest of the World Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033

Figure 69: Rest of the World Market Attractiveness Analysis By Device Type, 2023 to 2033

Figure 70: Rest of the World Market Attractiveness Analysis By Vehicle Type, 2023 to 2033

Figure 71: Rest of the World Market Attractiveness Analysis By Drive Type, 2023 to 2033

Figure 72: Rest of the World Market Attractiveness Analysis By Electric Vehicle Type, 2023 to 2033

Figure 73: Rest of the World Market Attractiveness Analysis By Application, 2023 to 2033

Figure 74: United States Market Value Share, By Device Type, 2023 & 2033

Figure 75: United States Market Value Share, By Vehicle Type, 2023 & 2033

Figure 76: United States Market Value Share, By Drive Type, 2020 &2030

Figure 77: United States Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 78: United States Market Value Share, By Application, 2023 & 2033

Figure 79: United States Market Value Analysis (US$ Mn), 2023 & 2033

Figure 80: Canada Market Value Share, By Device Type, 2023 & 2033

Figure 81: Canada Market Value Share, By Vehicle Type, 2023 & 2033

Figure 82: Canada Market Value Share, By Drive Type, 2023 & 2033

Figure 83: Canada Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 84: Canada Market Value Share, By Application, 2023 & 2033

Figure 85: Canada Market Value Analysis (US$ Mn), 2023 & 2033

Figure 86: United Kingdom Market Value Share, By Device Type, 2023 & 2033

Figure 87: United Kingdom Market Value Share, By Vehicle Type, 2023 & 2033

Figure 88: United Kingdom Market Value Share, By Drive Type, 2023 & 2033

Figure 89: United Kingdom Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 90: United Kingdom Market Value Share, By Application, 2023 & 2033

Figure 91: United Kingdom Market Value Analysis (US$ Mn), 2023 & 2033

Figure 92: Germany Market Value Share, By Device Type, 2023 & 2033

Figure 93: Germany Market Value Share, By Vehicle Type, 2023 & 2033

Figure 94: Germany Market Value Share, By Drive Type, 2023 & 2033

Figure 95: Germany Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 96: Germany Market Value Share, By Application, 2023 & 2033

Figure 97: Germany Market Value Analysis (US$ Mn), 2023 & 2033

Figure 98: France Market Value Share, By Device Type, 2023 & 2033

Figure 99: France Market Value Share, By Vehicle Type, 2023 & 2033

Figure 100: France Market Value Share, By Drive Type, 2023 & 2033

Figure 101: France. Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 102: France Market Value Share, By Application, 2023 & 2033

Figure 103: France Market Value Analysis (US$ Mn), 2023 & 2033

Figure 104: Italy Market Value Share, By Device Type, 2023 & 2033

Figure 105: Italy Market Value Share, By Vehicle Type, 2023 & 2033

Figure 106: Italy Market Value Share, By Drive Type, 2023 & 2033

Figure 107: Italy Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 108: Italy Market Value Share, By Application, 2023 & 2033

Figure 109: Italy Market Value Analysis (US$ Mn), 2023 & 2033

Figure 110: Spain Market Value Share, By Device Type, 2023 & 2033

Figure 111: Spain Market Value Share, By Vehicle Type, 2023 & 2033

Figure 112: Spain Market Value Share, By Drive Type, 2023 & 2033

Figure 113: Spain Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 114: Spain Market Value Share, By Application, 2023 & 2033

Figure 115: Spain Market Value Analysis (US$ Mn), 2023 & 2033

Figure 116: GCC Countries. Market Value Share, By Device Type, 2023 & 2033

Figure 117: GCC Countries Market Value Share, By Vehicle Type, 2023 & 2033

Figure 118: GCC Countries Market Value Share, By Drive Type, 2023 & 2033

Figure 119: GCC Countries Market Value Share, By Electric Vehicle Type, 2023 & 2033

Figure 120: GCC Countries Market Value Share, By Application, 2023 & 2033

Figure 121: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033

Figure 122: South Africa Market Value Share, By Device Type, 2023 & 2033

Figure 123: South Africa Market Value Share, By Vehicle Type, 2023 & 2033

Figure 124: South Africa Market Value Share, By Drive Type, 2023 & 2033

Figure 125: South Africa Market Value Share, By Electric Vehicle Type Age Group, 2023 & 2033

Figure 126: South Africa Market Value Share, By Application, 2023 & 2033

Figure 127: South Africa Market Value Analysis (US$ Mn), 2023 & 2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the market value of automotive power electronics in 2023?

The global automotive power electronics market is valued at US$ 4 billion in 2023.

How fast is the global automotive power electronics market predicted to develop?

Global demand for automotive power electronics is projected to rise at a CAGR of 4.1% during the forecast period.

What is the expected market value for 2033?

The market for automotive power electronics is expected to touch US$ 6 billion by 2033.

What market share did Asia Pacific account for in 2022?

Asia Pacific held 38.7% of the worldwide automotive power electronics market in 2022.

Who are the leading manufacturers of automotive power electronics?

Infineon Technologies AG, Texas Instruments, Inc, Mitsubishi Electric Corporation, NXP Semiconductors NV, Toshiba Corporation, and Robert Bosch GmbH are key players operating in the global market.

Automotive Power Electronics Market

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