The electric vehicle power inverter market is expected to record a CAGR of over 11% over the forecast period (2021-2027).
With stringent emission standards increasing worldwide, automakers are gradually shifting production from conventional engine vehicles to hybrid and electric vehicles. In addition, the government has launched incentives such as vehicle tax cuts, bonuses and premiums to help EV buyers in each country support the growth of EV sales. In addition, growing charging station facilities in the region, particularly in Europe, North America and Asia Pacific, especially Japan and China, further supported the increase in electric vehicle sales.
A full report of Electric Vehicle Power Inverter Market available at https://www.orionmarketreports.com/rna-analysis-transcriptomics-market/51382/
Global Electric Vehicle Power Inverter Market Scope and Market Size
By Propulsion
• Full Hybrid Vehicle
• Plug-in Hybrid Vehicle
• Battery Electric Vehicle
By Vehicle
• Passenger Car
• Commercial Vehicle
Major Players
• Continental AG
• Robert Bosch GmbH
• DENSOCorporation
• Mitsubishi Electric Corporation
• Calsonic Kansei Corporation (Marelli Corporation)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
