Electric Vehicle Inverter Market Research Report By Inverter (SiC and IGBT.), by Power (Up to 100 kW, 101-300 kW, 301-600 kW and 601 kW & above), by Vehicle Propulsion (BEVs, HEVs, PHEVs and FCEVs), by Vehicle Category (Passenger Cars and Commercial Vehicles) and By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) –Market Forecast Till 2034

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 22

2 MARKET INTRODUCTION 25

2.1 DEFINITION 25

2.2 SCOPE OF THE STUDY 25

2.3 RESEARCH OBJECTIVE 25

2.4 MARKET STRUCTURE 26

3 RESEARCH METHODOLOGY 27

3.1 OVERVIEW 27

3.2 DATA FLOW 29

3.2.1 DATA MINING PROCESS 29

3.3 PURCHASED DATABASE: 30

3.4 SECONDARY SOURCES: 31

3.4.1 SECONDARY RESEARCH DATA FLOW: 32

3.5 PRIMARY RESEARCH: 33

3.5.1 PRIMARY RESEARCH DATA FLOW: 34

3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED 35

3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE 35

3.6 APPROACHES FOR MARKET SIZE ESTIMATION: 36

3.6.1 REVENUE ANALYSIS APPROACH 36

3.7 DATA FORECASTING 37

3.7.1 DATA FORECASTING TECHNIQUE 37

3.8 DATA MODELING 38

3.8.1 MICROECONOMIC FACTOR ANALYSIS: 38

3.8.2 DATA MODELING: 39

3.9 TEAMS AND ANALYST CONTRIBUTION 41

4 MARKET DYNAMICS 43

4.1 INTRODUCTION 43

4.2 DRIVERS 44

4.2.1 GROWING CONSUMER SHIFT TOWARDS ELECTRIC VEHICLES 44

4.2.2 SUPPORTIVE GOVERNMENT SCHEMES FOR ELECTRIC MOBILITY 44

4.2.3 TECHNOLOGICAL ADVANCEMENT IN INVERTERS FOR EV 44

4.2.4 GROWING INVESTMENT IN EV INFRASTRUCTURE, INCLUDING CHARGING STATIONS 45

4.3 RESTRAINTS 46

4.3.1 LIMITATION IN PERFORMANCE 46

4.3.2 CHALLENGE OF STANDARDIZATION AND INTEROPERABILITY 46

4.4 OPPORTUNITY 47

4.4.1 TECHNOLOGICAL ADVANCEMENTS 47

4.4.2 GROWING DEMAND FOR RENEWABLE ENERGY SOURCES SUCH AS SOLAR AND WIND POWER 47

4.5 CHALLENGES 48

4.5.1 HIGH INITIAL CAPITAL EXPENDITURE COST 48

4.6 COVID-19 IMPACT ANALYSIS 48

4.6.1 IMPACT OF COVID-19 ON GLOBAL ECONOMY 48

4.6.2 IMPACT OF COVID-19 ON THE GLOBAL ELECTRIC VEHICLE INVERTER MARKET 49

4.6.3 SUPPLY CHAIN IMPACT 49

4.6.3.1 IMPACT ON MANUFACTURER/DEVELOPER 49

4.6.3.2 IMPACT ON COMPONENT/SERVICES SUPPLIER 49

4.6.3.3 IMPACT ON DISTRIBUTION/LOGISTICS 49

4.6.4 IMPACT ON CONSUMER 50

4.6.5 MARKET RECOVERY ANALYSIS 50

4.7 TRENDS 50

4.7.1 INCREASED DEMAND FOR HIGH-POWER INVERTERS 50

4.7.2 INTEGRATION OF SIC AND GAN TECHNOLOGIES 50

5 MARKET FACTOR ANALYSIS 51

5.1 SUPPLY CHAIN ANALYSIS 51

5.1.1 DESIGN & DEVELOPMENT 51

5.1.2 RAW MATERIAL & COMPONENT SUPPLY 51

5.1.3 MANUFACTURE & ASSEMBLY 52

5.1.4 SALES & DISTRIBUTION 52

5.1.5 END USE 52

5.2 PORTER'S FIVE FORCES MODEL 53

5.2.1 THREAT OF NEW ENTRANTS 53

5.2.2 BARGAINING POWER OF SUPPLIERS 54

5.2.3 THREAT OF SUBSTITUTES 54

5.2.4 BARGAINING POWER OF BUYERS 54

5.2.5 INTENSITY OF RIVALRY 54

5.3 REGULATORY LANDSCAPE ANALYSIS 55

5.4 PATENT TRENDS ANALYSIS 56

5.5 MARKET SWOT ANALYSIS 57

5.6 MARKET PESTEL ANALYSIS 57

5.6.1 POLITICAL FACTORS: 57

5.6.2 ECONOMIC FACTORS: 57

5.6.3 SOCIAL FACTORS: 58

5.6.4 TECHNOLOGICAL FACTORS: 58

5.6.5 ENVIRONMENTAL FACTORS: 58

5.6.6 LEGAL FACTORS: 58

5.7 FUTURE TECHNOLOGICAL INNOVATIONS 58

5.8 NEW DEVELOPMENT PROCESSES OR DESIGN 59

5.9 NEXT DEVELOPMENT STAGE OF PRODUCTS 59

5.10 STRATEGY FOR AUTOMATION ASSEMBLY SUPPLIER 60

6 GLOBAL Electric Vehicle Inverter Market, BY INVERTER 62

6.1 OVERVIEW 62

6.2 SIC 63

6.3 IGBT 63

7 GLOBAL Electric Vehicle Inverter Market, BY POWER 64

7.1 INTRODUCTION 64

7.2 UP TO 100 KW 66

7.3 101-300 KW 66

7.4 301-600 KW 66

7.5 601 KW & ABOVE 66

8 GLOBAL Electric Vehicle Inverter Market, BY VEHICLE PROPULSION 67

8.1 INTRODUCTION 67

8.2 BEVS 69

8.3 HEVS 69

8.4 PHEVS 69

8.5 FCEVS 69

9 GLOBAL Electric Vehicle Inverter Market, BY VEHICLE CATEGORY 70

9.1 INTRODUCTION 70

9.2 PASSENGER CARS 71

9.3 COMMERCIAL VEHICLES 71

10 GLOBAL Electric Vehicle Inverter Market, BY REGION 72

10.1 OVERVIEW 72

10.1.1 GLOBAL Electric Vehicle Inverter Market, BY REGION, 2022 VS 2032 (USD MILLION) 72

10.1.2 GLOBAL Electric Vehicle Inverter Market, BY REGION, 2019–2032 (USD MILLION) 73

10.2 NORTH AMERICA 73

10.2.1 US 76

10.2.2 CANADA 77

10.2.3 MEXICO 78

10.3 EUROPE 79

10.3.1 GERMANY 82

10.3.2 UK 83

10.3.3 FRANCE 84

10.3.4 ITALY 85

10.3.5 SPAIN 86

10.3.6 DENMARK 87

10.3.7 AUSTRIA 88

10.3.8 NETHERLANDS 89

10.3.9 LUXEMBOURG 90

10.3.10 HUNGARY 91

10.3.11 BELGIUM 92

10.3.12 POLAND 93

10.3.13 ROMANIA 94

10.3.14 SWEDEN 95

10.3.15 REST OF EUROPE 96

10.4 ASIA-PACIFIC 97

10.4.1 CHINA 100

10.4.2 JAPAN 101

10.4.3 INDIA 102

10.4.4 AUSTRALIA 103

10.4.5 SOUTH KOREA 104

10.4.6 INDONESIA 105

10.4.7 REST OF ASIA PACIFIC 106

10.5 MIDDLE EAST & AFRICA 107

10.5.1 SAUDI ARABIA 110

10.5.2 UAE 111

10.5.3 REST OF MEA 112

10.6 SOUTH & CENTRAL AMERICA 114

10.6.1 BRAZIL 117

10.6.2 ARGENTINA 118

10.6.3 REST OF SOUTH & CENTRAL AMERICA 119

11 COMPETITIVE LANDSCAPE 122

11.1 INTRODUCTION 122

11.2 MARKET SHARE ANALYSIS, 2022 123

11.3 COMPETITOR DASHBOARD 124

11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 125

11.4.1 PRODUCT LAUNCH/PRODUCT APPROVAL/PRODUCT DEVELOPMET 125

11.4.2 PARTNERSHIP/INVESTMENT 126

12 COMPANY PROFILE 127

12.1 DANA INCORPORATED 127

12.1.1 COMPANY OVERVIEW 127

12.1.2 FINANCIAL OVERVIEW 128

12.1.3 PRODUCTS OFFERED 128

12.1.4 KEY DEVELOPMENTS 129

12.1.5 SWOT ANALYSIS 129

12.1.6 KEY STRATEGIES 129

12.2 UQM TECHNOLOGIES 130

12.2.1 COMPANY OVERVIEW 130

12.2.2 FINANCIAL OVERVIEW 130

12.2.3 PRODUCTS OFFERED 130

12.2.4 KEY DEVELOPMENTS 130

12.3 BORGWARNER INC. 131

12.3.1 COMPANY OVERVIEW 131

12.3.2 FINANCIAL OVERVIEW 132

12.3.3 PRODUCTS OFFERED 132

12.3.4 KEY DEVELOPMENTS 133

12.3.5 SWOT ANALYSIS 133

12.3.6 KEY STRATEGIES 134

12.4 BOSCH 135

12.4.1 COMPANY OVERVIEW 135

12.4.2 FINANCIAL OVERVIEW 136

12.4.3 PRODUCTS OFFERED 136

12.4.4 KEY DEVELOPMENTS 137

12.4.5 SWOT ANALYSIS 137

12.4.6 KEY STRATEGIES 137

12.5 GKN AUTOMOTIVE 138

12.5.1 COMPANY OVERVIEW 138

12.5.2 FINANCIAL OVERVIEW 138

12.5.3 PRODUCTS OFFERED 138

12.5.4 KEY DEVELOPMENTS 139

12.5.5 SWOT ANALYSIS 139

12.5.6 KEY STRATEGIES 139

12.6 AISIN CORPORATION 140

12.6.1 COMPANY OVERVIEW 140

12.6.2 FINANCIAL OVERVIEW 141

12.6.3 PRODUCTS OFFERED 141

12.6.4 KEY DEVELOPMENTS 142

12.6.5 SWOT ANALYSIS 142

12.6.6 KEY STRATEGIES 142

12.7 HITACHI ASTEMO, LTD. 143

12.7.1 COMPANY OVERVIEW 143

12.7.2 FINANCIAL OVERVIEW 144

12.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 144

12.7.4 KEY DEVELOPMENTS 145

12.7.5 SWOT ANALYSIS 145

12.7.6 KEY STRATEGIES 145

12.8 MAGNA INTERNATIONAL 146

12.8.1 COMPANY OVERVIEW 146

12.8.2 FINANCIAL OVERVIEW 147

12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 147

12.8.4 KEY DEVELOPMENTS 147

12.8.5 SWOT ANALYSIS 148

12.8.6 KEY STRATEGIES 148

12.9 ZF FRIEDRICHSHAFEN 149

12.9.1 COMPANY OVERVIEW 149

12.9.2 FINANCIAL OVERVIEW 150

12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 150

12.9.4 KEY DEVELOPMENTS 151

12.9.5 SWOT ANALYSIS 151

12.9.6 KEY STRATEGIES 151

12.10 DANA TM4 INC. 152

12.10.1 COMPANY OVERVIEW 152

12.10.2 FINANCIAL OVERVIEW 152

12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 152

12.10.4 KEY DEVELOPMENTS 153

12.10.5 SWOT ANALYSIS 153

12.10.6 KEY STRATEGIES 153

12.11 VALEO 154

12.11.1 COMPANY OVERVIEW 154

12.11.2 FINANCIAL OVERVIEW 155

12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 155

12.11.4 KEY DEVELOPMENTS 155

12.11.5 SWOT ANALYSIS 156

12.11.6 KEY STRATEGIES 156

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 39

TABLE 2 MAJOR GRANTED PATENTS ON INVERTER FOR EV (2019 –2023) 56

TABLE 3 GLOBAL Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 63

TABLE 4 GLOBAL Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 65

TABLE 5 GLOBAL Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 68

TABLE 6 GLOBAL Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 71

TABLE 7 GLOBAL Electric Vehicle Inverter Market, BY REGION, 2019–2032 (USD MILLION) 73

TABLE 8 NORTH AMERICA: Electric Vehicle Inverter Market, BY COUNTRY, 2019-2032 (USD MILLION) 74

TABLE 9 NORTH AMERICA Electric Vehicle Inverter Market, BY INVERTER 2019-2032 (USD MILLION) 75

TABLE 10 NORTH AMERICA Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 75

TABLE 11 NORTH AMERICA Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 75

TABLE 12 NORTH AMERICA Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 75

TABLE 13 US Electric Vehicle Inverter Market, BY INVERTER 2019-2032 (USD MILLION) 76

TABLE 14 US Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 76

TABLE 15 US Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 76

TABLE 16 US Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 76

TABLE 17 CANADA Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 77

TABLE 18 CANADA Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 77

TABLE 19 CANADA Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 77

TABLE 20 CANADA Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 77

TABLE 21 MEXICO Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 78

TABLE 22 MEXICO Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 78

TABLE 23 MEXICO Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 78

TABLE 24 MEXICO Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 78

TABLE 25 EUROPE: Electric Vehicle Inverter Market, BY COUNTRY, 2019-2032 (USD MILLION) 80

TABLE 26 EUROPE Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 81

TABLE 27 EUROPE Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 81

TABLE 28 EUROPE Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 81

TABLE 29 EUROPE Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 81

TABLE 30 GERMANY Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 82

TABLE 31 GERMANY Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 82

TABLE 32 GERMANY Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 82

TABLE 33 GERMANY Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 82

TABLE 34 UK Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 83

TABLE 35 UK Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 83

TABLE 36 UK Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 83

TABLE 37 UK Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 83

TABLE 38 FRANCE Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 84

TABLE 39 FRANCE Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 84

TABLE 40 FRANCE Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 84

TABLE 41 FRANCE Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 84

TABLE 42 ITALY Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 85

TABLE 43 ITALY Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 85

TABLE 44 ITALY Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 85

TABLE 45 ITALY Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 85

TABLE 46 SPAIN Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 86

TABLE 47 SPAIN Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 86

TABLE 48 SPAIN Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 86

TABLE 49 SPAIN Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 86

TABLE 50 DENMARK Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 87

TABLE 51 DENMARK Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 87

TABLE 52 DENMARK Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 87

TABLE 53 DENMARK Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 87

TABLE 54 AUSTRIA Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 88

TABLE 55 AUSTRIA Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 88

TABLE 56 AUSTRIA Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 88

TABLE 57 AUSTRIA Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 88

TABLE 58 NETHERLANDS Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 89

TABLE 59 NETHERLANDS Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 89

TABLE 60 NETHERLANDS Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 89

TABLE 61 NETHERLANDS Electric Vehicle Inverter Market, BY VEHICLE CATEGORY, 2019-2032 (USD MILLION) 89

TABLE 62 LUXEMBOURG Electric Vehicle Inverter Market, BY INVERTER, 2019-2032 (USD MILLION) 90

TABLE 63 LUXEMBOURG Electric Vehicle Inverter Market, BY POWER, 2019-2032 (USD MILLION) 90

TABLE 64 LUXEMBOURG Electric Vehicle Inverter Market, BY VEHICLE PROPULSION, 2019-2032 (USD MILLION) 90

TABLE 65 LUXEMBOURG Electric Vehicle Inve