Automotive Power Electronics Market Estimated to Exhibit 19.0% CAGR Through 2025
Amidst a high concentration of savvy players in the global automotive power electronics market, the crème-de-la-crème are investing heavily to employ advanced technology and develop novel products, states Transparency Market Research (TMR) in a new report. For instance, key players such as Infineon Technologies AG, Texas Instruments Inc., ON Semiconductor Corp., Renesasa Electronics Corp., and Mitsubishi Heavy Industries Ltd. Are investing heavily to develop technologically advanced electric vehicles for transportation.
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