The global power IC for electric vehicles market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and the need for high-performance power ICs that are capable of handling high currents and voltages. The GaN segment is expected to grow at a CAGR of 17.2% during the forecast period, while SiC segment is expected to grow at a CAGR of 15%.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric vehicles is one of the major factors driving the growth of this market.
- The increasing number of government initiatives and subsidies in countries such as China, India, and France are also driving the growth of this market.
- Increasing investments by OEMs in R&D activities to develop new technologies for power ICs for electric vehicles are also driving the growth of this market.
- Increasing focus on reducing CO2 emissions from transportation sector is also expected to drive the growth of this market.
Industry Growth Insights published a new data on “Power IC(Integrated Circuit) for Electric Vehicles Market”. The research report is titled “Power IC(Integrated Circuit) for Electric Vehicles Market research by Types (GaN, SiC, Others), By Applications (HEV, EV, PHEV), By Players/Companies Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics, NXP Semiconductors, Microsemi Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power IC(Integrated Circuit) for Electric Vehicles Market Research Report
By Type
GaN, SiC, Others
By Application
HEV, EV, PHEV
By Companies
Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics, NXP Semiconductors, Microsemi Corporation
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
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Global Power IC(Integrated Circuit) for Electric Vehicles Market Report Segments:
The global Power IC(Integrated Circuit) for Electric Vehicles market is segmented on the basis of:
Types
GaN, SiC, 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
HEV, EV, PHEV
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:
- Mitsubishi Electric
- Fuji Electric
- SEMIKRON
- ON Semiconductor
- Renesas Electronics
- Vishay Intertechnology
- Texas Instruments
- Toshiba
- Stmicroelectronics
- NXP Semiconductors
- Microsemi Corporation
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Highlights of The Power IC(Integrated Circuit) for Electric Vehicles 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:
- GaN
- SiC
- Others
- By Application:
- HEV
- EV
- PHEV
- 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 Power IC(Integrated Circuit) for Electric Vehicles 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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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?
A power IC is a type of integrated circuit that is specifically designed to manage the electrical power requirements of electric vehicles. These circuits can include everything from battery chargers to inverters, and are crucial in ensuring that electric vehicles can reach their full potential.
Some of the major players in the power ic(integrated circuit) for electric vehicles market are Mitsubishi Electric, Fuji Electric, SEMIKRON, ON Semiconductor, Renesas Electronics, Vishay Intertechnology, Texas Instruments, Toshiba, Stmicroelectronics, NXP Semiconductors, Microsemi Corporation.
The power ic(integrated circuit) for electric vehicles market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power IC(Integrated Circuit) for Electric Vehicles 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. Power IC(Integrated Circuit) for Electric Vehicles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Power IC(Integrated Circuit) for Electric Vehicles Market - Supply Chain
4.5. Global Power IC(Integrated Circuit) for Electric Vehicles Market Forecast
4.5.1. Power IC(Integrated Circuit) for Electric Vehicles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Power IC(Integrated Circuit) for Electric Vehicles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Power IC(Integrated Circuit) for Electric Vehicles Market Absolute $ Opportunity
5. Global Power IC(Integrated Circuit) for Electric Vehicles 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. Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Type
5.3.1. GaN
5.3.2. SiC
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Power IC(Integrated Circuit) for Electric Vehicles 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. Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Application
6.3.1. HEV
6.3.2. EV
6.3.3. PHEV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Power IC(Integrated Circuit) for Electric Vehicles 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. Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles 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. Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles Demand Share Forecast, 2019-2026
9. North America Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Application
9.4.1. HEV
9.4.2. EV
9.4.3. PHEV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Type
9.7.1. GaN
9.7.2. SiC
9.7.3. 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 Power IC(Integrated Circuit) for Electric Vehicles Demand Share Forecast, 2019-2026
10. Latin America Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Application
10.4.1. HEV
10.4.2. EV
10.4.3. PHEV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Type
10.7.1. GaN
10.7.2. SiC
10.7.3. 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 Power IC(Integrated Circuit) for Electric Vehicles Demand Share Forecast, 2019-2026
11. Europe Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Application
11.4.1. HEV
11.4.2. EV
11.4.3. PHEV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Type
11.7.1. GaN
11.7.2. SiC
11.7.3. 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 Power IC(Integrated Circuit) for Electric Vehicles Demand Share, 2019-2026
12. Asia Pacific Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Application
12.4.1. HEV
12.4.2. EV
12.4.3. PHEV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Type
12.7.1. GaN
12.7.2. SiC
12.7.3. 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 Power IC(Integrated Circuit) for Electric Vehicles Demand Share, 2019-2026
13. Middle East & Africa Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles 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 Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Application
13.4.1. HEV
13.4.2. EV
13.4.3. PHEV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Power IC(Integrated Circuit) for Electric Vehicles Market Size and Volume Forecast by Type
13.7.1. GaN
13.7.2. SiC
13.7.3. 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 Power IC(Integrated Circuit) for Electric Vehicles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Power IC(Integrated Circuit) for Electric Vehicles Market: Market Share Analysis
14.2. Power IC(Integrated Circuit) for Electric Vehicles Distributors and Customers
14.3. Power IC(Integrated Circuit) for Electric Vehicles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mitsubishi Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fuji Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SEMIKRON
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ON Semiconductor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Renesas 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. Vishay Intertechnology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Texas Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toshiba
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Stmicroelectronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. NXP Semiconductors
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Microsemi Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
