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Automotive Power Modules Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Oct 01, 2024
Length 200 Pages
SKU # FOB19260758

Description

Automotive Power Modules Market



Growth Factors of Automotive Power Modules Market

The automotive power modules market size was valued at USD 6.49 billion in 2023, and the market is now projected to grow from USD 7.86 billion in 2024 to USD 25.14 billion by 2032, exhibiting a CAGR of 15.6% during the forecast period of 2024-2032.

The COVID-19 pandemic has affected the automotive power modules market growth. The pandemic has momentarily shut down factories and manufacturing units and suspended work operations across various automotive sectors. This caused an uneven supply and demand relation that resulted in improper inventory management and a resources shortage. It influenced the economies and end users due to the shortage of high-demand fulfillment of semiconductor products in automotive and other industries.

The automotive power modules market share globally has enlarged due to the escalating demand for lower switching losses in voltage conversion. Major automakers are paying attention to improving the efficiency of electric vehicles and motors by reducing power loss and increasing their overall efficiency. To improve the effectiveness of electric motors, electric vehicle manufacturers aspire to incorporate advanced power components into their methods to reduce power loss and improve the speed and conversion rates of these modules.

The growing shift toward adoption of silicon carbide MOSFETs for higher efficiency is the major trend. The increased focus within the automotive EV makers on integrating this electronic device has increased considerably. These devices can augment car efficiency and offer higher power conversion rates with lesser losses for their electric motors. Hence, constant focus on bringing in higher efficiency and low power consumption modules promote the electrification process.

Comprehensive Analysis of Automotive Power Modules Market

The automotive power modules market and automotives industry is rising at an exponential rate because of its market segmentation. This market expansion effectively provides a complete regional assessment considering the dominant supply and demand forces that impact the automotives industry. These segmentations are methodically segregated by types of type, vehicle type, propulsion type, and application. The types include Sic MOSFETs and Si IGBTs. The vehicle types are such as passenger cars and commercial vehicles. The propulsion type is battery electric vehicle (BEV) and hybrid electric vehicle (HEV). However, the application involves traction inverter, DC-DC converter, and On-board charger.

The Asia Pacific region is conducive to the global automotive power modules market, leading to a recall of USD 3.01 billion owing to higher penetration of electric vehicle sales and the government initiatives in major countries within the region.

The top players in the market play a vital role in the automotives industry assuring industrial prospectus growth and setting market standards. These players are Mitsubishi Electric Corporation (Japan), Infineon Technologies AG (Germany), ), Onsemi (U.S.), STMicroelectronic N.V. (Switzerland), Fuji Electric Co., Ltd. (JapanMonolithic Power Systems (U.S.), Danfoss (Denmark), Hitachi Automotive Systems Ltd. (Japan), Robert Bosch GmbH (Germany), Rohm Semiconductors (Japan), Shindengen Electric Manufacturing Co., Ltd. (Japan), and Wolfspeed Inc. (U.S.), these market players present a fair-playing competitive landscape.

In January 2023, Resonac Corporation announced the launch of a full-scale operation of power modules. They are focusing on enhancing material-related developments for power semiconductors such as its packages and power modules.

Segmentation Table

Global Automotive Power Modules Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 15.6% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

SiC MOSFETs

Si IGBTs

By Vehicle Type

Passenger Cars

Commercial Vehicles

By Propulsion Type

Battery Electric Vehicle (BEV)

Hybrid Electric Vehicle (HEV)

By Application

Traction Inverter

DC-DC Converter

On-Board Charger

By Geography

North America (By Type, By Vehicle Type, By Propulsion Type, By Application)
  • U.S. (By Vehicle Type)
  • Canada (By Vehicle Type)
  • Mexico (By Vehicle Type)
Europe (By Type, By Vehicle Type, By Propulsion Type , By Application)
  • U.K. (By Vehicle Type)
  • Germany (By Vehicle Type)
  • France (By Vehicle Type)
  • Rest of Europe (By Vehicle Type)
Asia Pacific (By Type, By Vehicle Type, By Propulsion Type , By Application)
  • China (By Vehicle Type)
  • India (By Vehicle Type)
  • Japan (By Vehicle Type)
  • South Korea (By Vehicle Type)
  • Rest of Asia Pacific (By Vehicle Type)
Rest of the World (By Type, By Vehicle Type, By Propulsion Type , By Application)


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Table of Contents

200 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
4.2. Latest Technological Advancements
4.3. Porters Five Forces Analysis
4.4. PEST Analysis
4.5. Impact of COVID-19 Pandemic on Global Automotive Power Modules Market
5. Global Automotive Power Modules Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Definition
6. 5.1. Market Analysis, Insights and Forecast - By Type
6.1.
6.1.1. SiC MOSFETs
6.1.2. Si IGBTs
6.2. Market Analysis, Insights and Forecast - By Vehicle Type
6.2.1. Passenger Cars
6.2.2. Commercial Vehicles
6.3. Market Analysis, Insights and Forecast - By Propulsion Type
6.3.1. Battery Electric Vehicle (BEV)
6.3.2. Hybrid Electric Vehicle (HEV)
6.4. Market Analysis, Insights and Forecast - By Application
6.4.1. Traction Inverter
6.4.2. DC-DC Converter
6.4.3. On-Board Charger
6.5. Market Analysis, Insights and Forecast - By Region
6.5.1. North America
6.5.2. Europe
6.5.3. Asia-Pacific
6.5.4. Rest of the World
7. North America Automotive Power Modules Market Analysis, Insights and Forecast, 2019-2032
7.1. Market Analysis, Insights and Forecast - By Type
7.1.1. SiC MOSFETs
7.1.2. Si IGBTs
7.2. Market Analysis, Insights and Forecast - By Vehicle Type
7.2.1. Passenger Cars
7.2.2. Commercial Vehicles
7.3. Market Analysis, Insights and Forecast - By Propulsion Type
7.3.1. Battery Electric Vehicle (BEV)
7.3.2. Hybrid Electric Vehicle (HEV)
7.4. Market Analysis, Insights and Forecast - By Application
7.4.1. Traction Inverter
7.4.2. DC-DC Converter
7.4.3. On-Board Charger
7.5. Market Analysis, Insights and Forecast - By Country
7.5.1. U.S.
7.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
7.5.2. Canada
7.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
7.5.3. Mexico
7.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
8. Europe Automotive Power Modules Market Analysis, Insights and Forecast, 2019-2032
8.1. Market Analysis, Insights and Forecast - By Type
8.1.1. SiC MOSFETs
8.1.2. Si IGBTs
8.2. Market Analysis, Insights and Forecast - By Vehicle Type
8.2.1. Passenger Cars
8.2.2. Commercial Vehicles
8.3. Market Analysis, Insights and Forecast - By Propulsion Type
8.3.1. Battery Electric Vehicle (BEV)
8.3.2. Hybrid Electric Vehicle (HEV)
8.4. Market Analysis, Insights and Forecast - By Application
8.4.1. Traction Inverter
8.4.2. DC-DC Converter
8.4.3. On-Board Charger
8.5. Market Analysis, Insights and Forecast - By Country
8.5.1. U.K.
8.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.5.2. Germany
8.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.5.3. France
8.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.5.4. Rest of Europe
8.5.4.1. Market Analysis, Insights and Forecast - By Vehicle Type
9. Asia-Pacific Automotive Power Modules Market Analysis, Insights and Forecast, 2019-2032
9.1. Market Analysis, Insights and Forecast - By Type
9.1.1. SiC MOSFETs
9.1.2. Si IGBTs
9.2. Market Analysis, Insights and Forecast - By Vehicle Type
9.2.1. Passenger Cars
9.2.2. Commercial Vehicles
9.3. Market Analysis, Insights and Forecast - By Propulsion Type
9.3.1. Battery Electric Vehicle (BEV)
9.3.2. Hybrid Electric Vehicle (HEV)
9.4. Market Analysis, Insights and Forecast - By Application
9.4.1. Traction Inverter
9.4.2. DC-DC Converter
9.4.3. On-Board Charger
9.5. Market Analysis, Insights and Forecast - By Country
9.5.1. Japan
9.5.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
9.5.2. China
9.5.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
9.5.3. India
9.5.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
9.5.4. South Korea
9.5.4.1. Market Analysis, Insights and Forecast - By Vehicle Type
9.5.5. Rest of Asia Pacific
9.5.5.1. Market Analysis, Insights and Forecast - By Vehicle Type
10. Rest of the World Automotive Power Modules Market Analysis, Insights and Forecast, 2019-2032
10.1. Market Analysis, Insights and Forecast - By Type
10.1.1. SiC MOSFETs
10.1.2. Si IGBTs
10.2. Market Analysis, Insights and Forecast - By Vehicle Type
10.2.1. Passenger Cars
10.2.2. Commercial Vehicles
10.3. Market Analysis, Insights and Forecast - By Propulsion Type
10.3.1. Battery Electric Vehicle (BEV)
10.3.2. Hybrid Electric Vehicle (HEV)
10.4. Market Analysis, Insights and Forecast - By Application
10.4.1. Traction Inverter
10.4.2. DC-DC Converter
10.4.3. On-Board Charger
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Rank Analysis (2023)
11.3. Competitive Dashboard
11.4. Comparative Analysis - Major Players
11.5. Company Profiles
11.5.1. Infineon Technologies AG (Germany)
11.5.1.1. Overview
11.5.1.2. Products & services
11.5.1.3. SWOT Analysis
11.5.1.4. Recent Developments
11.5.1.5. Strategies
11.5.1.6. Financials (Based on Availability)
11.5.2. Mitsubishi Electric Corporation (Japan)
11.5.2.1. Overview
11.5.2.2. Products & services
11.5.2.3. SWOT Analysis
11.5.2.4. Recent Developments
11.5.2.5. Strategies
11.5.2.6. Financials (Based on Availability)
11.5.3. Fuji Electric Co., Ltd. (Japan)
11.5.3.1. Overview
11.5.3.2. Products & services
11.5.3.3. SWOT Analysis
11.5.3.4. Recent Developments
11.5.3.5. Strategies
11.5.3.6. Financials (Based on Availability)
11.5.4. STMicroelectronics N.V. (Switzerland)
11.5.4.1. Overview
11.5.4.2. Products & services
11.5.4.3. SWOT Analysis
11.5.4.4. Recent Developments
11.5.4.5. Strategies
11.5.4.6. Financials (Based on Availability)
11.5.5. Onsemi (U.S.)
11.5.5.1. Overview
11.5.5.2. Products & services
11.5.5.3. SWOT Analysis
11.5.5.4. Recent Developments
11.5.5.5. Strategies
11.5.5.6. Financials (Based on Availability)
11.5.6. Monolithic Power Systems (U.S.)
11.5.6.1. Overview
11.5.6.2. Products & services
11.5.6.3. SWOT Analysis
11.5.6.4. Recent Developments
11.5.6.5. Strategies
11.5.6.6. Financials (Based on Availability)
11.5.7. Danfoss (Denmark)
11.5.7.1. Overview
11.5.7.2. Products & services
11.5.7.3. SWOT Analysis
11.5.7.4. Recent Developments
11.5.7.5. Strategies
11.5.7.6. Financials (Based on Availability)
11.5.8. Robert Bosch GmBH (Germany)
11.5.8.1. Overview
11.5.8.2. Products & services
11.5.8.3. SWOT Analysis
11.5.8.4. Recent Developments
11.5.8.5. Strategies
11.5.8.6. Financials (Based on Availability)
11.5.9. Hitachi Automotive Systems Ltd. (Japan)
11.5.9.1. Overview
11.5.9.2. Products & services
11.5.9.3. SWOT Analysis
11.5.9.4. Recent Developments
11.5.9.5. Strategies
11.5.9.6. Financials (Based on Availability)
11.5.10. Rohm Semiconductors (Japan)
11.5.10.1. Overview
11.5.10.2. Products & services
11.5.10.3. SWOT Analysis
11.5.10.4. Recent Developments
11.5.10.5. Strategies
11.5.10.6. Financials (Based on Availability)
11.5.11. Shindengen Electric Manufacturing Co., Ltd. (Japan)
11.5.11.1. Overview
11.5.11.2. Products & services
11.5.11.3. SWOT Analysis
11.5.11.4. Recent Developments
11.5.11.5. Strategies
11.5.11.6. Financials (Based on Availability)
11.5.12. Wolfspeed Inc. (U.S.)
11.5.12.1. Overview
11.5.12.2. Products & services
11.5.12.3. SWOT Analysis
11.5.12.4. Recent Developments
11.5.12.5. Strategies
11.5.12.6. Financials (Based on Availability)

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