The future of the power electronics market is expected to be an opportunity in the passenger car, light commercial vehicle and electric vehicle markets. The automotive power electronics market is expected to grow at a CAGR of 4% from 2019 to 2025. The main drivers of this market are the growing demand for energy-efficient battery powered devices, the adoption of electronics in powertrain systems, and the demand for advanced safety. Increase. Convenience and convenience systems, growing demand for connected cars and electric vehicles.
A full report of Automotive Power Electronics Market is available at: https://www.orionmarketreports.com/automotive-power-electronics-market/42153/
Automotive Power Electronics Market Key Segments:
By Application
• Powertrain & Chassis
• Body Electronics
• Safety & Security
• Infotainment and Telematics
By Component
• Microcontroller Unit (MCU)
• Power Integrated Circuit
• Sensors
By Vehicle Type
• Passenger Car
• Commercial Vehicle
By Electric Vehicle Type
• Battery Electric Vehicle
• Plug-in Hybrid Electric Vehicle
• Hybrid Electric Vehicle
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Automotive Power Electronics Market Report
• What was the Automotive Power Electronics Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Automotive Power Electronics Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Automotive Power Electronics Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)