Global Traction Inverters for Electric Vehicles Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Jan 2024

Category: Automobile & Transportation

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

According to our (Global Info Research) latest study, the global Traction Inverters for Electric Vehicles market size was valued at USD 3982 million in 2023 and is forecast to a readjusted size of USD 15590 million by 2030 with a CAGR of 21.5% during review period.

Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) require a traction inverter to convert dc energy from the high-voltage battery or dc link bus to the three-phase ac energy used to drive the traction motor. Traction inverters are typically capable of transferring power in the 20 to 200 kW range, with switching voltages in the 200 V to 800 V range and currents in the hundreds of amperes.

Traction inverters convert dc power from an on-board high voltage (HV) battery into ac power to drive the main motor or motors of an electric vehicle. In addition, traction inverters perform functions such as voltage boosting, switch protection and regenerative braking.

An automotive traction inverter is a critical component in an electric or hybrid electric vehicle (EV/HEV) powertrain system. It's responsible for converting the direct current (DC) power from the vehicle's battery into alternating current (AC) power for driving the electric motor(s) that propel the vehicle.

Here are some key aspects and functions of automotive traction inverters:
Power Conversion:
The primary function of a traction inverter is to convert the DC power from the battery into AC power that is suitable for driving the electric motor.

Voltage and Current Control:
Traction inverters regulate the voltage and current supplied to the electric motor to control the speed and torque, enabling efficient and smooth operation of the vehicle.

Inverter Topology:
Traction inverters typically use power electronics and various inverter topologies (e.g., three-phase voltage source inverters) to achieve the desired AC output.

Efficiency and Thermal Management:
Efficiency is crucial to minimize power losses during the conversion process. Efficient traction inverters also require effective thermal management systems to dissipate the heat generated during operation.

Regenerative Braking:
Traction inverters play a crucial role in enabling regenerative braking, where the electric motor acts as a generator during deceleration, converting kinetic energy back into electrical energy to recharge the battery.

Control and Communication:
Traction inverters are controlled by sophisticated control systems that manage the power flow and interact with the vehicle's overall control unit. Communication protocols like CAN (Controller Area Network) are used for effective communication with other vehicle systems.

Safety Features:
Automotive traction inverters are designed with safety features to ensure proper functioning and prevent damage or malfunctions that could endanger the vehicle or occupants.

Integration with Vehicle Systems:
Traction inverters need to seamlessly integrate with other vehicle systems such as the battery management system, motor control unit, and overall vehicle control unit to optimize performance and efficiency.

Design and Packaging:
Traction inverters need to be compact, lightweight, and robustly designed to fit within the limited space available in a vehicle and withstand the demands of automotive environments.

Compliance and Standards:
Automotive traction inverters must comply with industry standards and regulations to ensure their safety, performance, and interoperability within the automotive ecosystem.

The automotive traction inverter market has been rapidly evolving due to the global transition towards electric and hybrid vehicles. The market for traction inverters has been experiencing substantial growth driven by factors such as government regulations promoting electric vehicles (EVs), advancements in electric powertrain technologies, and increasing consumer awareness of environmental issues and the benefits of electric mobility.

Overall, the design and efficiency of the traction inverter significantly impact the performance and range of electric and hybrid vehicles, making them a critical component in modern automotive powertrains.

The Global Info Research report includes an overview of the development of the Traction Inverters for Electric Vehicles industry chain, the market status of Battery Electric Vehicles (BEVs) (Below 50 kW, 50-100 kW), Plug-in Hybrid Electric Vehicles (PHEVs) (Below 50 kW, 50-100 kW), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Traction Inverters for Electric Vehicles.

Regionally, the report analyzes the Traction Inverters for Electric Vehicles markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Traction Inverters for Electric Vehicles market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Traction Inverters for Electric Vehicles market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Traction Inverters for Electric Vehicles industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Below 50 kW, 50-100 kW).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Traction Inverters for Electric Vehicles market.

Regional Analysis: The report involves examining the Traction Inverters for Electric Vehicles market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Traction Inverters for Electric Vehicles market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Traction Inverters for Electric Vehicles:
Company Analysis: Report covers individual Traction Inverters for Electric Vehicles manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Traction Inverters for Electric Vehicles This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs)).

Technology Analysis: Report covers specific technologies relevant to Traction Inverters for Electric Vehicles. It assesses the current state, advancements, and potential future developments in Traction Inverters for Electric Vehicles areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Traction Inverters for Electric Vehicles market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Traction Inverters for Electric Vehicles market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
    Below 50 kW
    50-100 kW
    Above 100 KW

Market segment by Application
    Battery Electric Vehicles (BEVs)
    Plug-in Hybrid Electric Vehicles (PHEVs)
    Hybrid Electric Vehicles (HEVs)

Major players covered
    Toyota Industries
    Bosch
    Valeo
    Mitsubishi Electric
    Denso
    Vitesco Technologies
    Hitachi Astemo
    Hyundai Mobis
    Suzhou Inovance Automotive
    Marelli
    Zhongshan Broad-Ocean

Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Traction Inverters for Electric Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Traction Inverters for Electric Vehicles, with price, sales, revenue and global market share of Traction Inverters for Electric Vehicles from 2019 to 2024.
Chapter 3, the Traction Inverters for Electric Vehicles competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Traction Inverters for Electric Vehicles breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Traction Inverters for Electric Vehicles market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Traction Inverters for Electric Vehicles.
Chapter 14 and 15, to describe Traction Inverters for Electric Vehicles sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Traction Inverters for Electric Vehicles
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Traction Inverters for Electric Vehicles Consumption Value by Type: 2019 Versus 2023 Versus 2030
        1.3.2 Below 50 kW
        1.3.3 50-100 kW
        1.3.4 Above 100 KW
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Traction Inverters for Electric Vehicles Consumption Value by Application: 2019 Versus 2023 Versus 2030
        1.4.2 Battery Electric Vehicles (BEVs)
        1.4.3 Plug-in Hybrid Electric Vehicles (PHEVs)
        1.4.4 Hybrid Electric Vehicles (HEVs)
    1.5 Global Traction Inverters for Electric Vehicles Market Size & Forecast
        1.5.1 Global Traction Inverters for Electric Vehicles Consumption Value (2019 & 2023 & 2030)
        1.5.2 Global Traction Inverters for Electric Vehicles Sales Quantity (2019-2030)
        1.5.3 Global Traction Inverters for Electric Vehicles Average Price (2019-2030)

2 Manufacturers Profiles
    2.1 Toyota Industries
        2.1.1 Toyota Industries Details
        2.1.2 Toyota Industries Major Business
        2.1.3 Toyota Industries Traction Inverters for Electric Vehicles Product and Services
        2.1.4 Toyota Industries Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.1.5 Toyota Industries Recent Developments/Updates
    2.2 Bosch
        2.2.1 Bosch Details
        2.2.2 Bosch Major Business
        2.2.3 Bosch Traction Inverters for Electric Vehicles Product and Services
        2.2.4 Bosch Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.2.5 Bosch Recent Developments/Updates
    2.3 Valeo
        2.3.1 Valeo Details
        2.3.2 Valeo Major Business
        2.3.3 Valeo Traction Inverters for Electric Vehicles Product and Services
        2.3.4 Valeo Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.3.5 Valeo Recent Developments/Updates
    2.4 Mitsubishi Electric
        2.4.1 Mitsubishi Electric Details
        2.4.2 Mitsubishi Electric Major Business
        2.4.3 Mitsubishi Electric Traction Inverters for Electric Vehicles Product and Services
        2.4.4 Mitsubishi Electric Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.4.5 Mitsubishi Electric Recent Developments/Updates
    2.5 Denso
        2.5.1 Denso Details
        2.5.2 Denso Major Business
        2.5.3 Denso Traction Inverters for Electric Vehicles Product and Services
        2.5.4 Denso Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.5.5 Denso Recent Developments/Updates
    2.6 Vitesco Technologies
        2.6.1 Vitesco Technologies Details
        2.6.2 Vitesco Technologies Major Business
        2.6.3 Vitesco Technologies Traction Inverters for Electric Vehicles Product and Services
        2.6.4 Vitesco Technologies Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.6.5 Vitesco Technologies Recent Developments/Updates
    2.7 Hitachi Astemo
        2.7.1 Hitachi Astemo Details
        2.7.2 Hitachi Astemo Major Business
        2.7.3 Hitachi Astemo Traction Inverters for Electric Vehicles Product and Services
        2.7.4 Hitachi Astemo Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.7.5 Hitachi Astemo Recent Developments/Updates
    2.8 Hyundai Mobis
        2.8.1 Hyundai Mobis Details
        2.8.2 Hyundai Mobis Major Business
        2.8.3 Hyundai Mobis Traction Inverters for Electric Vehicles Product and Services
        2.8.4 Hyundai Mobis Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.8.5 Hyundai Mobis Recent Developments/Updates
    2.9 Suzhou Inovance Automotive
        2.9.1 Suzhou Inovance Automotive Details
        2.9.2 Suzhou Inovance Automotive Major Business
        2.9.3 Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Product and Services
        2.9.4 Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.9.5 Suzhou Inovance Automotive Recent Developments/Updates
    2.10 Marelli
        2.10.1 Marelli Details
        2.10.2 Marelli Major Business
        2.10.3 Marelli Traction Inverters for Electric Vehicles Product and Services
        2.10.4 Marelli Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.10.5 Marelli Recent Developments/Updates
    2.11 Zhongshan Broad-Ocean
        2.11.1 Zhongshan Broad-Ocean Details
        2.11.2 Zhongshan Broad-Ocean Major Business
        2.11.3 Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Product and Services
        2.11.4 Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
        2.11.5 Zhongshan Broad-Ocean Recent Developments/Updates

3 Competitive Environment: Traction Inverters for Electric Vehicles by Manufacturer
    3.1 Global Traction Inverters for Electric Vehicles Sales Quantity by Manufacturer (2019-2024)
    3.2 Global Traction Inverters for Electric Vehicles Revenue by Manufacturer (2019-2024)
    3.3 Global Traction Inverters for Electric Vehicles Average Price by Manufacturer (2019-2024)
    3.4 Market Share Analysis (2023)
        3.4.1 Producer Shipments of Traction Inverters for Electric Vehicles by Manufacturer Revenue ($MM) and Market Share (%): 2023
        3.4.2 Top 3 Traction Inverters for Electric Vehicles Manufacturer Market Share in 2023
        3.4.2 Top 6 Traction Inverters for Electric Vehicles Manufacturer Market Share in 2023
    3.5 Traction Inverters for Electric Vehicles Market: Overall Company Footprint Analysis
        3.5.1 Traction Inverters for Electric Vehicles Market: Region Footprint
        3.5.2 Traction Inverters for Electric Vehicles Market: Company Product Type Footprint
        3.5.3 Traction Inverters for Electric Vehicles Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Traction Inverters for Electric Vehicles Market Size by Region
        4.1.1 Global Traction Inverters for Electric Vehicles Sales Quantity by Region (2019-2030)
        4.1.2 Global Traction Inverters for Electric Vehicles Consumption Value by Region (2019-2030)
        4.1.3 Global Traction Inverters for Electric Vehicles Average Price by Region (2019-2030)
    4.2 North America Traction Inverters for Electric Vehicles Consumption Value (2019-2030)
    4.3 Europe Traction Inverters for Electric Vehicles Consumption Value (2019-2030)
    4.4 Asia-Pacific Traction Inverters for Electric Vehicles Consumption Value (2019-2030)
    4.5 South America Traction Inverters for Electric Vehicles Consumption Value (2019-2030)
    4.6 Middle East and Africa Traction Inverters for Electric Vehicles Consumption Value (2019-2030)

5 Market Segment by Type
    5.1 Global Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2030)
    5.2 Global Traction Inverters for Electric Vehicles Consumption Value by Type (2019-2030)
    5.3 Global Traction Inverters for Electric Vehicles Average Price by Type (2019-2030)

6 Market Segment by Application
    6.1 Global Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2030)
    6.2 Global Traction Inverters for Electric Vehicles Consumption Value by Application (2019-2030)
    6.3 Global Traction Inverters for Electric Vehicles Average Price by Application (2019-2030)

7 North America
    7.1 North America Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2030)
    7.2 North America Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2030)
    7.3 North America Traction Inverters for Electric Vehicles Market Size by Country
        7.3.1 North America Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2030)
        7.3.2 North America Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2030)
        7.3.3 United States Market Size and Forecast (2019-2030)
        7.3.4 Canada Market Size and Forecast (2019-2030)
        7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe
    8.1 Europe Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2030)
    8.2 Europe Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2030)
    8.3 Europe Traction Inverters for Electric Vehicles Market Size by Country
        8.3.1 Europe Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2030)
        8.3.2 Europe Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2030)
        8.3.3 Germany Market Size and Forecast (2019-2030)
        8.3.4 France Market Size and Forecast (2019-2030)
        8.3.5 United Kingdom Market Size and Forecast (2019-2030)
        8.3.6 Russia Market Size and Forecast (2019-2030)
        8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific
    9.1 Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2030)
    9.2 Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2030)
    9.3 Asia-Pacific Traction Inverters for Electric Vehicles Market Size by Region
        9.3.1 Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Region (2019-2030)
        9.3.2 Asia-Pacific Traction Inverters for Electric Vehicles Consumption Value by Region (2019-2030)
        9.3.3 China Market Size and Forecast (2019-2030)
        9.3.4 Japan Market Size and Forecast (2019-2030)
        9.3.5 Korea Market Size and Forecast (2019-2030)
        9.3.6 India Market Size and Forecast (2019-2030)
        9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
        9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America
    10.1 South America Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2030)
    10.2 South America Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2030)
    10.3 South America Traction Inverters for Electric Vehicles Market Size by Country
        10.3.1 South America Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2030)
        10.3.2 South America Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2030)
        10.3.3 Brazil Market Size and Forecast (2019-2030)
        10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa
    11.1 Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2030)
    11.2 Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2030)
    11.3 Middle East & Africa Traction Inverters for Electric Vehicles Market Size by Country
        11.3.1 Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2030)
        11.3.2 Middle East & Africa Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2030)
        11.3.3 Turkey Market Size and Forecast (2019-2030)
        11.3.4 Egypt Market Size and Forecast (2019-2030)
        11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
        11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics
    12.1 Traction Inverters for Electric Vehicles Market Drivers
    12.2 Traction Inverters for Electric Vehicles Market Restraints
    12.3 Traction Inverters for Electric Vehicles Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain
    13.1 Raw Material of Traction Inverters for Electric Vehicles and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Traction Inverters for Electric Vehicles
    13.3 Traction Inverters for Electric Vehicles Production Process
    13.4 Traction Inverters for Electric Vehicles Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Traction Inverters for Electric Vehicles Typical Distributors
    14.3 Traction Inverters for Electric Vehicles Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Traction Inverters for Electric Vehicles Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 2. Global Traction Inverters for Electric Vehicles Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 3. Toyota Industries Basic Information, Manufacturing Base and Competitors
    Table 4. Toyota Industries Major Business
    Table 5. Toyota Industries Traction Inverters for Electric Vehicles Product and Services
    Table 6. Toyota Industries Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 7. Toyota Industries Recent Developments/Updates
    Table 8. Bosch Basic Information, Manufacturing Base and Competitors
    Table 9. Bosch Major Business
    Table 10. Bosch Traction Inverters for Electric Vehicles Product and Services
    Table 11. Bosch Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 12. Bosch Recent Developments/Updates
    Table 13. Valeo Basic Information, Manufacturing Base and Competitors
    Table 14. Valeo Major Business
    Table 15. Valeo Traction Inverters for Electric Vehicles Product and Services
    Table 16. Valeo Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 17. Valeo Recent Developments/Updates
    Table 18. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
    Table 19. Mitsubishi Electric Major Business
    Table 20. Mitsubishi Electric Traction Inverters for Electric Vehicles Product and Services
    Table 21. Mitsubishi Electric Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 22. Mitsubishi Electric Recent Developments/Updates
    Table 23. Denso Basic Information, Manufacturing Base and Competitors
    Table 24. Denso Major Business
    Table 25. Denso Traction Inverters for Electric Vehicles Product and Services
    Table 26. Denso Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 27. Denso Recent Developments/Updates
    Table 28. Vitesco Technologies Basic Information, Manufacturing Base and Competitors
    Table 29. Vitesco Technologies Major Business
    Table 30. Vitesco Technologies Traction Inverters for Electric Vehicles Product and Services
    Table 31. Vitesco Technologies Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 32. Vitesco Technologies Recent Developments/Updates
    Table 33. Hitachi Astemo Basic Information, Manufacturing Base and Competitors
    Table 34. Hitachi Astemo Major Business
    Table 35. Hitachi Astemo Traction Inverters for Electric Vehicles Product and Services
    Table 36. Hitachi Astemo Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 37. Hitachi Astemo Recent Developments/Updates
    Table 38. Hyundai Mobis Basic Information, Manufacturing Base and Competitors
    Table 39. Hyundai Mobis Major Business
    Table 40. Hyundai Mobis Traction Inverters for Electric Vehicles Product and Services
    Table 41. Hyundai Mobis Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 42. Hyundai Mobis Recent Developments/Updates
    Table 43. Suzhou Inovance Automotive Basic Information, Manufacturing Base and Competitors
    Table 44. Suzhou Inovance Automotive Major Business
    Table 45. Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Product and Services
    Table 46. Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 47. Suzhou Inovance Automotive Recent Developments/Updates
    Table 48. Marelli Basic Information, Manufacturing Base and Competitors
    Table 49. Marelli Major Business
    Table 50. Marelli Traction Inverters for Electric Vehicles Product and Services
    Table 51. Marelli Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 52. Marelli Recent Developments/Updates
    Table 53. Zhongshan Broad-Ocean Basic Information, Manufacturing Base and Competitors
    Table 54. Zhongshan Broad-Ocean Major Business
    Table 55. Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Product and Services
    Table 56. Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 57. Zhongshan Broad-Ocean Recent Developments/Updates
    Table 58. Global Traction Inverters for Electric Vehicles Sales Quantity by Manufacturer (2019-2024) & (K Units)
    Table 59. Global Traction Inverters for Electric Vehicles Revenue by Manufacturer (2019-2024) & (USD Million)
    Table 60. Global Traction Inverters for Electric Vehicles Average Price by Manufacturer (2019-2024) & (USD/Unit)
    Table 61. Market Position of Manufacturers in Traction Inverters for Electric Vehicles, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2023
    Table 62. Head Office and Traction Inverters for Electric Vehicles Production Site of Key Manufacturer
    Table 63. Traction Inverters for Electric Vehicles Market: Company Product Type Footprint
    Table 64. Traction Inverters for Electric Vehicles Market: Company Product Application Footprint
    Table 65. Traction Inverters for Electric Vehicles New Market Entrants and Barriers to Market Entry
    Table 66. Traction Inverters for Electric Vehicles Mergers, Acquisition, Agreements, and Collaborations
    Table 67. Global Traction Inverters for Electric Vehicles Sales Quantity by Region (2019-2024) & (K Units)
    Table 68. Global Traction Inverters for Electric Vehicles Sales Quantity by Region (2025-2030) & (K Units)
    Table 69. Global Traction Inverters for Electric Vehicles Consumption Value by Region (2019-2024) & (USD Million)
    Table 70. Global Traction Inverters for Electric Vehicles Consumption Value by Region (2025-2030) & (USD Million)
    Table 71. Global Traction Inverters for Electric Vehicles Average Price by Region (2019-2024) & (USD/Unit)
    Table 72. Global Traction Inverters for Electric Vehicles Average Price by Region (2025-2030) & (USD/Unit)
    Table 73. Global Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2024) & (K Units)
    Table 74. Global Traction Inverters for Electric Vehicles Sales Quantity by Type (2025-2030) & (K Units)
    Table 75. Global Traction Inverters for Electric Vehicles Consumption Value by Type (2019-2024) & (USD Million)
    Table 76. Global Traction Inverters for Electric Vehicles Consumption Value by Type (2025-2030) & (USD Million)
    Table 77. Global Traction Inverters for Electric Vehicles Average Price by Type (2019-2024) & (USD/Unit)
    Table 78. Global Traction Inverters for Electric Vehicles Average Price by Type (2025-2030) & (USD/Unit)
    Table 79. Global Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2024) & (K Units)
    Table 80. Global Traction Inverters for Electric Vehicles Sales Quantity by Application (2025-2030) & (K Units)
    Table 81. Global Traction Inverters for Electric Vehicles Consumption Value by Application (2019-2024) & (USD Million)
    Table 82. Global Traction Inverters for Electric Vehicles Consumption Value by Application (2025-2030) & (USD Million)
    Table 83. Global Traction Inverters for Electric Vehicles Average Price by Application (2019-2024) & (USD/Unit)
    Table 84. Global Traction Inverters for Electric Vehicles Average Price by Application (2025-2030) & (USD/Unit)
    Table 85. North America Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2024) & (K Units)
    Table 86. North America Traction Inverters for Electric Vehicles Sales Quantity by Type (2025-2030) & (K Units)
    Table 87. North America Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2024) & (K Units)
    Table 88. North America Traction Inverters for Electric Vehicles Sales Quantity by Application (2025-2030) & (K Units)
    Table 89. North America Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2024) & (K Units)
    Table 90. North America Traction Inverters for Electric Vehicles Sales Quantity by Country (2025-2030) & (K Units)
    Table 91. North America Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2024) & (USD Million)
    Table 92. North America Traction Inverters for Electric Vehicles Consumption Value by Country (2025-2030) & (USD Million)
    Table 93. Europe Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2024) & (K Units)
    Table 94. Europe Traction Inverters for Electric Vehicles Sales Quantity by Type (2025-2030) & (K Units)
    Table 95. Europe Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2024) & (K Units)
    Table 96. Europe Traction Inverters for Electric Vehicles Sales Quantity by Application (2025-2030) & (K Units)
    Table 97. Europe Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2024) & (K Units)
    Table 98. Europe Traction Inverters for Electric Vehicles Sales Quantity by Country (2025-2030) & (K Units)
    Table 99. Europe Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2024) & (USD Million)
    Table 100. Europe Traction Inverters for Electric Vehicles Consumption Value by Country (2025-2030) & (USD Million)
    Table 101. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2024) & (K Units)
    Table 102. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Type (2025-2030) & (K Units)
    Table 103. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2024) & (K Units)
    Table 104. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Application (2025-2030) & (K Units)
    Table 105. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Region (2019-2024) & (K Units)
    Table 106. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity by Region (2025-2030) & (K Units)
    Table 107. Asia-Pacific Traction Inverters for Electric Vehicles Consumption Value by Region (2019-2024) & (USD Million)
    Table 108. Asia-Pacific Traction Inverters for Electric Vehicles Consumption Value by Region (2025-2030) & (USD Million)
    Table 109. South America Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2024) & (K Units)
    Table 110. South America Traction Inverters for Electric Vehicles Sales Quantity by Type (2025-2030) & (K Units)
    Table 111. South America Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2024) & (K Units)
    Table 112. South America Traction Inverters for Electric Vehicles Sales Quantity by Application (2025-2030) & (K Units)
    Table 113. South America Traction Inverters for Electric Vehicles Sales Quantity by Country (2019-2024) & (K Units)
    Table 114. South America Traction Inverters for Electric Vehicles Sales Quantity by Country (2025-2030) & (K Units)
    Table 115. South America Traction Inverters for Electric Vehicles Consumption Value by Country (2019-2024) & (USD Million)
    Table 116. South America Traction Inverters for Electric Vehicles Consumption Value by Country (2025-2030) & (USD Million)
    Table 117. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Type (2019-2024) & (K Units)
    Table 118. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Type (2025-2030) & (K Units)
    Table 119. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Application (2019-2024) & (K Units)
    Table 120. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Application (2025-2030) & (K Units)
    Table 121. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Region (2019-2024) & (K Units)
    Table 122. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity by Region (2025-2030) & (K Units)
    Table 123. Middle East & Africa Traction Inverters for Electric Vehicles Consumption Value by Region (2019-2024) & (USD Million)
    Table 124. Middle East & Africa Traction Inverters for Electric Vehicles Consumption Value by Region (2025-2030) & (USD Million)
    Table 125. Traction Inverters for Electric Vehicles Raw Material
    Table 126. Key Manufacturers of Traction Inverters for Electric Vehicles Raw Materials
    Table 127. Traction Inverters for Electric Vehicles Typical Distributors
    Table 128. Traction Inverters for Electric Vehicles Typical Customers
List of Figures
    Figure 1. Traction Inverters for Electric Vehicles Picture
    Figure 2. Global Traction Inverters for Electric Vehicles Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 3. Global Traction Inverters for Electric Vehicles Consumption Value Market Share by Type in 2023
    Figure 4. Below 50 kW Examples
    Figure 5. 50-100 kW Examples
    Figure 6. Above 100 KW Examples
    Figure 7. Global Traction Inverters for Electric Vehicles Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 8. Global Traction Inverters for Electric Vehicles Consumption Value Market Share by Application in 2023
    Figure 9. Battery Electric Vehicles (BEVs) Examples
    Figure 10. Plug-in Hybrid Electric Vehicles (PHEVs) Examples
    Figure 11. Hybrid Electric Vehicles (HEVs) Examples
    Figure 12. Global Traction Inverters for Electric Vehicles Consumption Value, (USD Million): 2019 & 2023 & 2030
    Figure 13. Global Traction Inverters for Electric Vehicles Consumption Value and Forecast (2019-2030) & (USD Million)
    Figure 14. Global Traction Inverters for Electric Vehicles Sales Quantity (2019-2030) & (K Units)
    Figure 15. Global Traction Inverters for Electric Vehicles Average Price (2019-2030) & (USD/Unit)
    Figure 16. Global Traction Inverters for Electric Vehicles Sales Quantity Market Share by Manufacturer in 2023
    Figure 17. Global Traction Inverters for Electric Vehicles Consumption Value Market Share by Manufacturer in 2023
    Figure 18. Producer Shipments of Traction Inverters for Electric Vehicles by Manufacturer Sales Quantity ($MM) and Market Share (%): 2023
    Figure 19. Top 3 Traction Inverters for Electric Vehicles Manufacturer (Consumption Value) Market Share in 2023
    Figure 20. Top 6 Traction Inverters for Electric Vehicles Manufacturer (Consumption Value) Market Share in 2023
    Figure 21. Global Traction Inverters for Electric Vehicles Sales Quantity Market Share by Region (2019-2030)
    Figure 22. Global Traction Inverters for Electric Vehicles Consumption Value Market Share by Region (2019-2030)
    Figure 23. North America Traction Inverters for Electric Vehicles Consumption Value (2019-2030) & (USD Million)
    Figure 24. Europe Traction Inverters for Electric Vehicles Consumption Value (2019-2030) & (USD Million)
    Figure 25. Asia-Pacific Traction Inverters for Electric Vehicles Consumption Value (2019-2030) & (USD Million)
    Figure 26. South America Traction Inverters for Electric Vehicles Consumption Value (2019-2030) & (USD Million)
    Figure 27. Middle East & Africa Traction Inverters for Electric Vehicles Consumption Value (2019-2030) & (USD Million)
    Figure 28. Global Traction Inverters for Electric Vehicles Sales Quantity Market Share by Type (2019-2030)
    Figure 29. Global Traction Inverters for Electric Vehicles Consumption Value Market Share by Type (2019-2030)
    Figure 30. Global Traction Inverters for Electric Vehicles Average Price by Type (2019-2030) & (USD/Unit)
    Figure 31. Global Traction Inverters for Electric Vehicles Sales Quantity Market Share by Application (2019-2030)
    Figure 32. Global Traction Inverters for Electric Vehicles Consumption Value Market Share by Application (2019-2030)
    Figure 33. Global Traction Inverters for Electric Vehicles Average Price by Application (2019-2030) & (USD/Unit)
    Figure 34. North America Traction Inverters for Electric Vehicles Sales Quantity Market Share by Type (2019-2030)
    Figure 35. North America Traction Inverters for Electric Vehicles Sales Quantity Market Share by Application (2019-2030)
    Figure 36. North America Traction Inverters for Electric Vehicles Sales Quantity Market Share by Country (2019-2030)
    Figure 37. North America Traction Inverters for Electric Vehicles Consumption Value Market Share by Country (2019-2030)
    Figure 38. United States Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 39. Canada Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 40. Mexico Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 41. Europe Traction Inverters for Electric Vehicles Sales Quantity Market Share by Type (2019-2030)
    Figure 42. Europe Traction Inverters for Electric Vehicles Sales Quantity Market Share by Application (2019-2030)
    Figure 43. Europe Traction Inverters for Electric Vehicles Sales Quantity Market Share by Country (2019-2030)
    Figure 44. Europe Traction Inverters for Electric Vehicles Consumption Value Market Share by Country (2019-2030)
    Figure 45. Germany Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 46. France Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 47. United Kingdom Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 48. Russia Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 49. Italy Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 50. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity Market Share by Type (2019-2030)
    Figure 51. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity Market Share by Application (2019-2030)
    Figure 52. Asia-Pacific Traction Inverters for Electric Vehicles Sales Quantity Market Share by Region (2019-2030)
    Figure 53. Asia-Pacific Traction Inverters for Electric Vehicles Consumption Value Market Share by Region (2019-2030)
    Figure 54. China Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 55. Japan Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 56. Korea Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 57. India Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 58. Southeast Asia Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 59. Australia Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 60. South America Traction Inverters for Electric Vehicles Sales Quantity Market Share by Type (2019-2030)
    Figure 61. South America Traction Inverters for Electric Vehicles Sales Quantity Market Share by Application (2019-2030)
    Figure 62. South America Traction Inverters for Electric Vehicles Sales Quantity Market Share by Country (2019-2030)
    Figure 63. South America Traction Inverters for Electric Vehicles Consumption Value Market Share by Country (2019-2030)
    Figure 64. Brazil Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 65. Argentina Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 66. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity Market Share by Type (2019-2030)
    Figure 67. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity Market Share by Application (2019-2030)
    Figure 68. Middle East & Africa Traction Inverters for Electric Vehicles Sales Quantity Market Share by Region (2019-2030)
    Figure 69. Middle East & Africa Traction Inverters for Electric Vehicles Consumption Value Market Share by Region (2019-2030)
    Figure 70. Turkey Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 71. Egypt Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 72. Saudi Arabia Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 73. South Africa Traction Inverters for Electric Vehicles Consumption Value and Growth Rate (2019-2030) & (USD Million)
    Figure 74. Traction Inverters for Electric Vehicles Market Drivers
    Figure 75. Traction Inverters for Electric Vehicles Market Restraints
    Figure 76. Traction Inverters for Electric Vehicles Market Trends
    Figure 77. Porters Five Forces Analysis
    Figure 78. Manufacturing Cost Structure Analysis of Traction Inverters for Electric Vehicles in 2023
    Figure 79. Manufacturing Process Analysis of Traction Inverters for Electric Vehicles
    Figure 80. Traction Inverters for Electric Vehicles Industrial Chain
    Figure 81. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 82. Direct Channel Pros & Cons
    Figure 83. Indirect Channel Pros & Cons
    Figure 84. Methodology
    Figure 85. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Toyota Industries
Bosch
Valeo
Mitsubishi Electric
Denso
Vitesco Technologies
Hitachi Astemo
Hyundai Mobis
Suzhou Inovance Automotive
Marelli
Zhongshan Broad-Ocean

Related Reports

Global Traction Inverters for Electric Vehicles Supply, Demand and Key Producers, 2023-2029

Global Traction Inverters for Electric Vehicles Supply, Demand and Key Producers, 2023-2029

date 07 Feb 2023

date Automobile & Transportation

The global Traction Inverters for Electric Vehicles market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

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Traction Inverters for Electric Vehicles

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Four Cylinder Motorcycle

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