The global New Energy Vehicle Traction Motor Inverter market size is projected to reach US$ 17 billion by 2028, from US$ 5 billion in 2021, at a CAGR of 35% during 2022-2028. The purpose of a power module-based traction inverter is to convert the DC current from the battery of an electric vehicle into ac current and use it to drive the vehicle’s propulsion system with an electric motor. It also plays an important role in capturing energy from regenerative braking and feeding back to the battery.
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Segment by Type
50-100 kW
Below 50 kW
Above 100 KW
Segment by Application
Electric Vehicles
Hybrid Vehicles
Top Major Key Players:
Toyota Industries
Bosch
Valeo
Mitsubishi Electric
Denso
Vitesco Technologies
Hitachi Astemo
Hyundai Mobis
Suzhou Inovance Automotive
Marelli
Zhongshan Broad-Ocean
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Scope of the Report
The research study analyzes the global New Energy Vehicle Traction Motor Inverter Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
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
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by New Energy Vehicle Traction Motor Inverter Market Report
1. What was the New Energy Vehicle Traction Motor Inverter Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of New Energy Vehicle Traction Motor Inverter Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the New Energy Vehicle Traction Motor Inverter Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global New Energy Vehicle Traction Motor Inverter market.
• The market share of the global New Energy Vehicle Traction Motor Inverter market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global New Energy Vehicle Traction Motor Inverter market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global New Energy Vehicle Traction Motor Inverter market.
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