Automotive Power Electronics Market Research Report - Global Forecast to 2023

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Automotive Power Electronics Market 2018
Summary:
Automotive Power Electronics Market Information Report by Component (MCU, Power IC,
Sensor), Application (Body Electronics, Chassis & Powertrain, Infotainment & Telematics, and
Safety & Security System), by Electric Vehicle Type (Battery Electric Vehicles (BEV), Hybrid
Electric Vehicles (HEV) and Plug-in Hybrid Electric Vehicles (PHEV), by Vehicle Type (Passenger
car and Commercial Vehicle) and region.
Market Scenario
Power electronics includes a solid state circuit device that coverts the current from the source
to the load. The main purpose of the power electronics is to control the power fluctuation in
components such as monitoring diodes, and transistors. It also manages the power so as to
enhance the energy conservation in application such as Body Electronics, Chassis & Powertrain,
Infotainment & Telematics, and Safety & Security System. Power electronics controls the flow
of the current in both unidirectional as well bidirectional way. The major application of
automotive power electronics in power generation is to provide improved efficiency and high
power withstanding temperature. They are used in applications such as aerospace, automotive
electrical and electronic systems. Power electronics, in automotive, consist of various
components such as MCU, power IC, and sensor. Power electronics are mostly used in electric
vehicles, but are also installed in passenger car and commercial vehicles so as to protect the
systems from power failure.
Key Players
The key players global automotive power electronics market are Infineon Technologies AG
(Germany), Texas Instruments Inc. (U.S.), ON Semiconductor Corp. (U.S.), Renessa Electronics
Corp. (Japan), Mitsubishi Heavy Industries Ltd. (Japan), Maxim Products Inc. (U.S.), NXP
Semiconductors N.V. (Netherlands), Qualcomm Ins. (U.S.), Robert Bosch GmbH (Germany), and
Vishay Intertechnology Inc. (U.S.).
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The factors that are responsible for the growth of automotive electronics market are increased
demand of the advance technology in vehicles, growing environment concern leading to
increased use of electric vehicles, and increase in safety of the electronics control panel in
vehicles. The advancement in technology such as advanced driver assistance systems (ADAS),
electronic stability control (ESC), and electronic control unit (ECU) have been emerging in the
electric vehicles, which require power electronics for the protection of the system. This
advancement in the technology have resulted in the increase use of power electronics in the
vehicles. The increase in use of power electronics in electric vehicles have resulted in the
growth of the market during the forecast period. The growing environmental concern due to
the pollution have resulted in growing demand for electric vehicles. The growing demand for
electric vehicles have resulted in the increase use of power electronics, which will drive the
market in the future. The market is expected to reach USD 5.5 billion by 2023, at a CAGR of
5.12%.
The automotive power electronics market has been segmented based on component,
application, vehicle type, and region. On the basis of component, the market has been
segmented as MCU, Power IC, and Sensor. The sensor segment is expected to witness the
highest growth during the forecast period because it is the key component in the electric
vehicles. Sensors are mainly used in ADAS technology, electronic stability control (ESC), and
electronic control unit (ECU), which are the key technologies used in electric vehicles. Based on
applications, the market has been segmented as body electronics, chassis & powertrain,
infotainment & telematics, and safety & security system. The body electronics segment is
expected to dominate the market during the forecast period due to growing government
regulations and initiative for the adoption of smart transportation solution with advance safety
features. On the basis of vehicle type, passenger car segment is expected to dominate the
market during the forecast period due to rapidly increasing sales of electric cars.
The report for Global Automotive Power Electronics Market of Market Research
Future comprises of extensive primary research along with the detailed analysis of qualitative
as well as quantitative aspects by various industry experts, key opinion leaders to gain the
deeper insight of the market and industry performance. The report gives the clear picture of
current market scenario which includes historical and projected market size in terms of value
and volume, technological advancement, macro economical and governing factors in the
market. The report provides details information and strategies of the top key players in the
industry. The report also gives a broad study of the different market segments and regions.
Complete Report Details @ https://www.marketresearchfuture.com/reports/automotive-
power-electronics-market-5013
Table of Contents
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
3 MARKET RESEARCH METHODOLOGY
4 MARKET LANDSCAPE
5 INDUSTRY OVERVIEW OF GLOBAL POWER ELECTRONICS MARKET
6 MARKET TRENDS
7 GLOBAL POWER ELECTRONICS MARKET BY COMPONENT
8 GLOBAL POWER ELECTRONICS MARKET BY ELECTRIC VEHICLE TYPE
9 GLOBAL POWER ELECTRONICS MARKET BY ELECTRIC VEHICLE TYPE
10 GLOBAL POWER ELECTRONICS MARKET BY VEHICLE TYPE
11 GLOBAL POWER ELECTRONICS MARKET BY REGION
12 COMPANY LANDSCAPE
13 COMPANY PROFILES
14 CONCLUSION
LIST OF TABLES
TABLE 1 GLOBAL POWER ELECTRONICS MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023
TABLE 5 MIDDLE EAST & AFRICA POWER ELECTRONICS MARKET: BY COUNTRY, 2017-2023
….
LIST OF FIGURES
FIGURE 1 GLOBAL POWER ELECTRONICS MARKET SEGMENTATION
FIGURE 2 FORECAST METHODOLOGY
FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL POWER ELECTRONICS MARKET