Global Automotive Power Electronics Market to Clock an Impressive 19.0% CAGR Through 2025

The global automotive power electronics market is gaining from the rising sales of electric vehicles for environmental considerations.


Albany, NY -- (SBWIRE) -- 01/17/2018 -- Automotive Power Electronics includes a number of components which are responsible for making the vehicle run efficiently. The application of solid-state devices like diode, thyristors, silicon-controlled rectifier (SCR), gate turn-off thyristors, bipolar junction transistor (BJT), TRIAC, Power MOSFET etc., is vital for control and alteration of electric power. All of this together forms the power electronics in automobiles.  Further, automotive electronics includes HEV main inverter, modern electric power steering, braking system, central body control and seat control. Recently, Market Research Reports Search Engine (MRRSE) has added a new report focusing on the market of power electronics in automobiles. This research report is titled "Automotive Power Electronics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025", which discusses opportunities and trends prevailing in the worldwide market.

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As per active research findings, the advent of high frequency as well as high power switching devices has worked to create a comprehensive application of power electronic converters to manage energy conversion and motion control. Moreover, rising installations of advanced driver assistance systems, together with growing preference of vehicle electrifications focused at power electronics equipment manufacturers is working to push the global automotive power electronics market. This research report starts with the research scope and objectives. Further, the readers can gain information about market taxonomy and product overview. The executive summary as well as market dynamics are available that present detailed knowledge about the drivers, restraints and opportunities.

The later section offers a deep insight about the market segmentation. This report has been carefully bifurcated on the basis of electric vehicle, application and vehicle type. On the basis of electric vehicle, this concerned market has been segregated as battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV) and hybrid electric vehicles (HEV). Further, based on vehicle type, the primary vehicles targeted in the report are passenger car (PC) and commercial vehicle (CV).

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On the regional front, this report is classified into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. For each of the regions, the market size and forecast has been provided for the period from 2015 to 2025, along with proper CAGR (%) during 2017-2025.

The final section discourses prime details about the major players operating in the global automotive power electronics market. Some of the prime companies mentioned in the report are Infineon Technologies AG, Texas Instruments, Inc., Maxim Integrated Products Inc., ON Semiconductor Corp., Qualcomm, Ins. and NXP Semiconductors N.V. This section of the report focuses on company profiling covering company overview, major business strategies adopted, market revenues and SWOT analysis.

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