Growing at a CAGR of 14.5% Global Electric Vehicle Power Inverter Market will Reach $59,971.1 million by 2031

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The electric vehicle power inverter is designed to meet the varied needs of your EV. This EV power inverter provides full load recharging, as well as inversion for DC and AC loads. It can be used for both AC plugging into a public socket and DC plugging into the battery. Electric Vehicle Power Inverter can be used to charge a variety of battery types, from car and motorcycle batteries, to deep-cycle marine and 4WD lead-acid batteries. They are safe and easy to install making them easy to use in any situation.

Highlighted with 82 tables and 77 figures, this 168-page report “Global Electric Vehicle Power Inverter Market 2021-2031 by Inverter Type (Traction, Soft-switching), Integration Level (Integrated, Mechatronic, Separate), Propulsion Type (BEVs, HEVs, PHEVs, FCEVs), Vehicle Type (Passenger, Commercial), Distribution (Aftermarket, OEM), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global electric vehicle power inverter market and all its sub-segments through extensively detailed classifications.

Global electric vehicle power inverter market will reach $59,971.1 million by 2031, growing by 14.5% annually over 2021-2031, driven by the increasing sales of electric vehicles, the growing incorporation of inverters operating in EVs, the growing government support, and the technological advancements in the field of power electronics.

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Based on Inverter Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Traction Inverter
• Soft-switching Inverter

Based on Integration Level, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Integrated Inverter System
• Mechatronic Integration System
• Separate Inverter System

By Propulsion Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Battery Electric Vehicles (BEVs)
• Hybrid Electric Vehicles (HEVs)
• Plug-in Hybrid Electric Vehicle (PHEVs)
• Fuel Cell Electric Vehicle (FCEVs)

By Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Passenger Cars
• Commercial Vehicles

By Distribution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Aftermarket
• OEM

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Aptiv PLC (Borgwarner Inc.)
Continental AG
CWB Automotive Electronics Co., Ltd.
DENSO Corporation
Drive System Design LTD
Eaton Corporation PLC
Exalta Oxy Neuron
Fraunhofer ISE
Hangzhou Tonny Electric & Tools Co., Ltd.
Hitachi Astemo Ltd
Hyundai Mobis Co., Ltd.
Infineon Technologies AG
Jinan ACME Power Supply Co., Ltd.
John Deere Electronic Solutions
Lear Corporation
LG Magna e-Powertrain
Marelli Corporation
Meidensha Corporation
Mitsubishi Electric Corporation
Robert Bosch GMBH
Toyota Industries Corporation
Valeo Group
Vitesco Technologies
Wenzhou Kangyu Electrical Co., Ltd.
ZF Friedrichshafen AG

Geographically, the following regions together with the listed national/local markets are fully investigated:

• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE,Saudi Arabia,South Africa and Rest of MEA)

Motives for Purchase

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• Performance evaluations against important competitors.

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