The global new energy vehicle power electronics market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electric vehicles and hybrid electric vehicles in various regions across the globe. The increasing demand for these vehicles is due to their low emission levels and reduced fuel consumption rates as compared with conventional fuel-powered vehicles. The battery management system segment accounted for the largest share of this market in 2018, followed by OBoard charger, inverter, vehicle control unit (VCU)/hybrid control unit (HCU), and pedestrian detection system segments. The battery management system segment is expected to continue its dominance throughout the forecast period owing to its wide range of applications in various types of new energy vehicles such as hybrid electric vehicles and electric cars.
- The increasing demand for electric vehicles is one of the major factors driving the growth of this market.
- The increasing number of government regulations and mandates for reducing greenhouse gas emissions are also driving the growth of this market.
- Increasing investments in research and development activities by key players in this industry are also driving the growth of this market.
- Increasing awareness about environmental issues among consumers is another factor that will drive the growth of this market.
Industry Growth Insights published a new data on “New Energy Vehicle Power Electronics Market”. The research report is titled “New Energy Vehicle Power Electronics Market research by Types (Battery Management System (BMS), On-Board Charger, Inverter, Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU), Pedestrian Detection System, Others), By Applications (Hybrid Electric Vehicles, Electric Vehicles), By Players/Companies Bosch, BYD, Continental, Delphi, Delta Electronics, Denso, Infineon, Semikron, Meidensha, Toshiba, Mitsubishi Electric, JEE Automation, Hyundai”.
Scope Of The Report
Report Attributes
Report Details
Report Title
New Energy Vehicle Power Electronics Market Research Report
By Type
Battery Management System (BMS), On-Board Charger, Inverter, Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU), Pedestrian Detection System, Others
By Application
Hybrid Electric Vehicles, Electric Vehicles
By Companies
Bosch, BYD, Continental, Delphi, Delta Electronics, Denso, Infineon, Semikron, Meidensha, Toshiba, Mitsubishi Electric, JEE Automation, Hyundai
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global New Energy Vehicle Power Electronics Market Report Segments:
The global New Energy Vehicle Power Electronics market is segmented on the basis of:
Types
Battery Management System (BMS), On-Board Charger, Inverter, Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU), Pedestrian Detection System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hybrid Electric Vehicles, Electric Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- BYD
- Continental
- Delphi
- Delta Electronics
- Denso
- Infineon
- Semikron
- Meidensha
- Toshiba
- Mitsubishi Electric
- JEE Automation
- Hyundai
Highlights of The New Energy Vehicle Power Electronics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Battery Management System (BMS)
- On-Board Charger
- Inverter
- Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
- Pedestrian Detection System
- Others
- By Application:
- Hybrid Electric Vehicles
- Electric Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the New Energy Vehicle Power Electronics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
New Energy Vehicle Power Electronics is a term used to describe the power electronics systems in electric vehicles. These systems are responsible for converting electrical energy into mechanical motion, and vice versa. They also manage the vehicle's charging system, temperature control, and other functions.
Some of the major players in the new energy vehicle power electronics market are Bosch, BYD, Continental, Delphi, Delta Electronics, Denso, Infineon, Semikron, Meidensha, Toshiba, Mitsubishi Electric, JEE Automation, Hyundai.
The new energy vehicle power electronics market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. New Energy Vehicle Power Electronics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. New Energy Vehicle Power Electronics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. New Energy Vehicle Power Electronics Market - Supply Chain
4.5. Global New Energy Vehicle Power Electronics Market Forecast
4.5.1. New Energy Vehicle Power Electronics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. New Energy Vehicle Power Electronics Market Size (000 Units) and Y-o-Y Growth
4.5.3. New Energy Vehicle Power Electronics Market Absolute $ Opportunity
5. Global New Energy Vehicle Power Electronics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. New Energy Vehicle Power Electronics Market Size and Volume Forecast by Type
5.3.1. Battery Management System (BMS)
5.3.2. On-Board Charger
5.3.3. Inverter
5.3.4. Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
5.3.5. Pedestrian Detection System
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global New Energy Vehicle Power Electronics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. New Energy Vehicle Power Electronics Market Size and Volume Forecast by Application
6.3.1. Hybrid Electric Vehicles
6.3.2. Electric Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global New Energy Vehicle Power Electronics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. New Energy Vehicle Power Electronics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global New Energy Vehicle Power Electronics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. New Energy Vehicle Power Electronics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global New Energy Vehicle Power Electronics Demand Share Forecast, 2019-2026
9. North America New Energy Vehicle Power Electronics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America New Energy Vehicle Power Electronics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America New Energy Vehicle Power Electronics Market Size and Volume Forecast by Application
9.4.1. Hybrid Electric Vehicles
9.4.2. Electric Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America New Energy Vehicle Power Electronics Market Size and Volume Forecast by Type
9.7.1. Battery Management System (BMS)
9.7.2. On-Board Charger
9.7.3. Inverter
9.7.4. Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
9.7.5. Pedestrian Detection System
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America New Energy Vehicle Power Electronics Demand Share Forecast, 2019-2026
10. Latin America New Energy Vehicle Power Electronics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America New Energy Vehicle Power Electronics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America New Energy Vehicle Power Electronics Market Size and Volume Forecast by Application
10.4.1. Hybrid Electric Vehicles
10.4.2. Electric Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America New Energy Vehicle Power Electronics Market Size and Volume Forecast by Type
10.7.1. Battery Management System (BMS)
10.7.2. On-Board Charger
10.7.3. Inverter
10.7.4. Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
10.7.5. Pedestrian Detection System
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America New Energy Vehicle Power Electronics Demand Share Forecast, 2019-2026
11. Europe New Energy Vehicle Power Electronics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe New Energy Vehicle Power Electronics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe New Energy Vehicle Power Electronics Market Size and Volume Forecast by Application
11.4.1. Hybrid Electric Vehicles
11.4.2. Electric Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe New Energy Vehicle Power Electronics Market Size and Volume Forecast by Type
11.7.1. Battery Managemnt System (BMS)
11.7.2. On-Board Charger
11.7.3. Inverter
11.7.4. Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
11.7.5. Pedestrian Detection System
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe New Energy Vehicle Power Electronics Demand Share, 2019-2026
12. Asia Pacific New Energy Vehicle Power Electronics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific New Energy Vehicle Power Electronics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific New Energy Vehicle Power Electronics Market Size and Volume Forecast by Application
12.4.1. Hybrid Electric Vehicles
12.4.2. Electric Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific New Energy Vehicle Power Electronics Market Size and Volume Forecast by Type
12.7.1. Battery Management System (BMS)
12.7.2. On-Board Charger
12.7.3. Inverter
12.7.4. Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
12.7.5. Pedestrian Detection System
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific New Energy Vehicle Power Electronics Demand Share, 2019-2026
13. Middle East & Africa New Energy Vehicle Power Electronics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa New Energy Vehicle Power Electronics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa New Energy Vehicle Power Electronics Market Size and Volume Forecast by Application
13.4.1. Hybrid Electric Vehicles
13.4.2. Electric Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa New Energy Vehicle Power Electronics Market Size and Volume Forecast by Type
13.7.1. Battery Management System (BMS)
13.7.2. On-Board Charger
13.7.3. Inverter
13.7.4. Vehicle Control Unit (VCU)/Hybrid Control Unit (HCU)
13.7.5. Pedestrian Detection System
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa New Energy Vehicle Power Electronics Demand Share, 2019-2026
14. Competition Landscape
14.1. Global New Energy Vehicle Power Electronics Market: Market Share Analysis
14.2. New Energy Vehicle Power Electronics Distributors and Customers
14.3. New Energy Vehicle Power Electronics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BYD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delphi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Delta Electronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Denso
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Infineon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Semikron
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Meidensha
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toshiba
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mitsubishi Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. JEE Automation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hyundai
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook