The Global Market for Power Electronics for Electric Vehicles (EVs) 2024-2035

The Global Market for Power Electronics for Electric Vehicles (EVs) 2024-2035

As we pivot towards a more sustainable energy landscape, electric vehicles (EVs) have emerged as a cornerstone of modern transportation. The role of power electronics in this revolution is paramount. With its ability to efficiently and swiftly control and convert electricity, power electronics provide the essential technological infrastructure that facilitates the widespread adoption and operation of EVs. As power electronics technology continues to advance, so does the performance and efficiency of EVs. Advancements in semiconductor materials, like Silicon Carbide (SiC) and Gallium Nitride (GaN), have led to the development of power electronics devices with higher efficiencies, smaller sizes, and better thermal properties. This comprehensive market report provides an in-depth analysis of the global market for power electronics in electric vehicles (EVs) from 2024 to 2035.

Report contents include:
 Definition of electric vehicles and their key specifications
 Evolution of the powertrain in EVs and next-generation developments.
 Role of power electronics in managing and controlling the flow of electrical energy within the vehicle, ensuring optimal performance and energy efficiency.
 Types of power electronic components used in EVs, including inverters, DC-DC converters, and onboard chargers (OBCs). Each component is examined in detail, covering their functions, working principles, key specifications, and requirements.
 Critical components such as battery management systems (BMS), high-voltage distributors, auxiliary power modules (APMs), charging control units (CCUs), and DC charging inlets and connectors.
 Primary drivers and trends influencing the power electronics market for EVs.
 Power Electronics Value Chain highlighting the various stages and players involved in the production and distribution of power electronic components for EVs.
 Global EV market is segmented by region, with detailed analyses of growth trends in China, Europe, and the USA. This section also covers hybrid car sales, emissions reduction through advanced powertrain technologies, the cost dynamics of EVs, and challenges related to chip supply for EV power electronics.
 Integration of power electronics in EVs, the properties and applications of Insulated Gate Bipolar Transistors (IGBTs) and Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs), and the comparative advantages of Si, SiC, and GaN devices.
 Overview of inverter technologies, including Pulse Width Modulation, traditional EV inverters, discretes and modules, and inverter printed circuit boards. The global market for inverters, projecting trends and market sizes from 2022 to 2035.
 Onboard Chargers (OBC): components and functions of OBCs, including integrated solutions with DC-DC converters and high-power charging systems. Including market forecasts and analyses of global OBC markets segmented by semiconductor technology (Si, SiC, GaN) and power levels.
 Emerging trends in power electronics driving improvements in efficiency and integration.
 The transition from traditional 400V systems to higher-voltage 800V platforms along with the implications for SiC and GaN technologies.
 Advancements in DC fast charging and the integration of power electronics in various EV systems.
 Analysis of the supply chain for power electronics in EVs identifies
 Key suppliers of SiC MOSFETs and Si IGBTs, their market shares, and the activities of automotive OEMs.
 Production and distribution network supporting the EV power electronics market.
 Thermal Management for EV Power Electronics: cooling approaches, thermal interface materials (TIMs), and the transition from single-sided to double-sided liquid cooling technologies.
 Emerging Technologies in power electronics, including advanced WBG materials, intelligent power modules with embedded sensing and control, and high-frequency switching technologies.
 Detailed profiles of key companies in the EV power electronics market provide insights into their products, innovations, and market strategies. Companies profiled include Advanced Electric Machines Ltd, BMW, BYD Auto, Efficient Power Conversion Corporation (EPC), GaN Systems, General Motors, Infineon, Lucid Motors, and many others (Full list of companies profiled in the table of contents).

    • Electric Vehicle Definitions
      • Table Electric Vehicle Definitions.
    • EV Specifications
      • Table Typical EV Specifications.
    • Evolution of the Powertrain in EVs
      • Resurgence and Hybrid Technology
      • Modern Electric Vehicles (2000s to Present)
      • Next-Generation Developments
        • Table Key Components of Modern EV Powertrains.
    • Role of Power Electronics in EVs
    • Types of Power Electronic Components in EVs
      • Table Types of Power Electronic Components in EVs.
      • Inverters
      • DC-DC Converters
      • Onboard Chargers (OBC)
      • Other Components
    • Key Market Drivers and Trends
      • Table Key Market Drivers and Trends in Power Electronics for EVs.
    • Power Electronics Value Chain
    • Growth in Regional EV Markets
    • Regional Trends in Electric Vehicles (EVs)
      • China
        • Table Key Trends in China in EVs.
      • Europe
        • Table Regional Trends in Europe for Electric Vehicles.
        • Table EU Emissions and Targets.
      • USA
        • Table Regional Trends in the USA for Electric Vehicles.
    • Hybrid Car Sales
    • Emissions Reduction with Powertrain
      • Table Powertrain Tailpipe Emissions Comparison
      • Table Tailpipe emissions of different vehicle powertrains.
    • Costs of EVs
    • Issues with Chip Supply for EV Power Electronics
    • Global power electronics market size
      • Table Global power electronics market 2022-2035 (Billions USD).
    • Power Semiconductor Devices in Electric Vehicles
      • Integration of Power Electronics
        • Table Power electronics in EVs.
        • Table Applications for WBG Devices.
    • Insulated Gate Bipolar Transistors (IGBTs)
      • Structure and Working Principle
      • Key Properties and Applications
    • Metal-Oxide-Semiconductor Field-Effect Transistors (MOSFETs)
      • Structure and Working Principle
      • Key Properties and Applications
    • Wide Bandgap (WBG) Semiconductors
      • Table Wide Bandgap (WBG) Semiconductor Advantages & Disadvantages, by type.
      • Silicon Carbide (SiC)
        • Table Advantages of SiC Material.
        • Table Comparison of Si IGBTs and SiC MOSFETs:
        • Table Examples of SiC in the automotive industry.
        • Table Si IGBT and SiC MOSFET Cost Comparison.
        • Table SiC and GaN Device Cost Comparison.
        • Table Si IGBT and SiC MOSFET Price Comparison.
        • Table OEMs Adopting 800V Platforms.
        • Table Automotive OEMs Using Si IGBTs.
        • Table Suppliers of Si IGBTs.
        • Table Automotive OEMs Using SiC MOSFETs.
        • Table Suppliers of SiC MOSFETs.
        • Table SiC-Specific Equipment.
        • Table Players in 200mm SiC Wafer Production.
        • Table Global 200mm SiC Wafer Production.
        • Table Limitations of SiC Power Devices.
      • Gallium Nitride (GaN)
        • Table Benefits of GaN in Automotive Applications.
        • Table Challenges for GaN Devices.
        • Table GaN vs. SiC in power electronics inverters.
        • Table GaN companies.
        • Table Major Players in GaN devices for the automotive sector.
      • Comparative Analysis of Si, SiC, and GaN Devices
        • Table Benchmarking Silicon, Silicon Carbide & Gallium Nitride Semiconductors
        • Table Performance Metrics of Si, SiC, and GaN Devices.
        • Table Cost Comparison of Si, SiC, and GaN Devices.
        • Table Suitability for Different EV Applications.
    • Inverters
      • Overview
        • Table Electric Vehicle Inverter Benchmarking.
      • Pulse Width Modulation
      • Traditional EV Inverter
      • Discretes & Modules
      • Inverter Printed Circuit Boards
      • Inverter Components and Cost
        • Table Inverter Components and Cost.
        • Table Inverter, OBC & Converter, Si, SiC, GaN Cost Assumptions (US$ per kW).
      • Global market
        • Table Inverters per Car 2022-2035.
        • Table Global Inverter Market 2022-2035 (GW): GaN 600V, Si IGBT 600V, SiC MOSFET 600V, 1200V.
        • Table Global DC-DC Converter Market: Si, SiC, GaN 2022-2035 (GW).
        • Table Global Inverter Cooling Strategy Market 2022-2035 (Units).
        • Table Global Market for Discretes vs Power Modules for Inverters 2022-2035 (Units).
    • Onboard Chargers (OBC)
      • Components
      • DC-DC Converters
      • Tesla Onboard Charger/DC-DC Converter
      • OBC by Level: 4kW, 6-11.5kW, 16-22kW 2023-2035
        • Table Expected onboard charger (OBC) circuit levels and their corresponding power ranges from 2023 to 2035.
      • Global market
        • Table Global OBC Market: Si, SiC, GaN, 2022-2035 (GW).
        • Table Global OBC Market by Level: 4kW, 6-11.5kW, 16-22kW 2023-2035.
        • Table Global Inverter, OBC, DC-DC Converter Revenues 2022-2035 (US$ billion).
        • Table Global Inverter, OBC, DC-DC Converter Sales 2022-2035 (Units).
        • Table Global DC-DC Converter Market: Si, SiC, GaN 2022-2035 (GW).
        • Table Global DC-DC Converter Market: Si, SiC, GaN 2022-2035 (GW).
        • Table Global Inverter, OBC, DC-DC Converter Market 2022-2035 (GW).
    • Improving efficiency
      • Transition from traditional 400V systems to higher-voltage 800V
        • Table 400V SiC Platforms, by company.
        • Table 800V Models in China.
        • Table 800V Pros and Cons.
      • DC fast charging (DCFC) for Li-ion cells
        • Table DC Fast Charging Levels.
    • Integration of Power Electronics
      • Integrated OBC with DC-DC converter
      • Traction Integrated Onboard charger (iOBC)
        • Table Traction iOBC suppliers.
      • Hyundai Electric Global Modular Platform (E-GMP)
      • Combined Inverter and DC-DC Converter
      • SiC Diodes
        • Table Hybrid SiC Suppliers.
        • Table SiC MOSFET vs Si IGBT: Overall Vehicle Cost.
    • SiC MOSFET and Si IGBT Suppliers
      • Table SiC MOSFET and Si IGBT Suppliers.
    • Automotive Power SC Suppliers
      • Table Automotive Power SC Supplier Market Shares 2023.
      • Table Automotive Power SC Supplier activities.
    • SiC MOSFET
      • Automotive OEMs and Suppliers
        • Table Automotive OEMs and Their SiC MOSFET Suppliers.
    • Si IGBT
      • Automotive OEMs and Suppliers
        • Table Automotive OEMs and Their Si IGBT Suppliers
    • SiC Fabrication Centres
      • Table Recently established and planned SiC Fabrication Centres.
    • Device Suppliers
    • Tier-1 Suppliers
      • Table Tier-1 Suppliers
    • Automotive OEMs
    • Power Electronics Packages by Automotive OEM
      • Table Power Electronics Packages by Automotive OEM.
    • Overview
      • Cooling approaches
        • Table Summary of Cooling Approaches.
      • Key thermal management strategies used in power electronics
    • Thermal Interface Materials (TIMs)
      • TIM1 and TIM2 in power electrics
      • Application of TIMs in EV Power Electronics
        • Table Application of TIMs in EV Power Electronics.
      • Flip Chip Packaging
      • Solders
      • Die-Attach Solution
      • Companies
    • Liquid cooling - single and double sided
      • Table Comparison of Single-Sided Cooling and Double-Sided Cooling.
      • Single-Sided Cooling
        • Table Summary of Single-Sided Cooling.
        • Table Benefits and Drawbacks of Single-Sided Cooling.
      • Double-Sided Cooling (DSC)
        • Table Summary of Double-Sided Cooling (DSC).
        • Table Double-Sided cooling examples
    • Advanced WBG Materials
      • Table Comparison of Advanced WBG Materials for Power Electronics.
    • Intelligent Power Modules with Embedded Sensing and Control
    • High-Frequency Switching Technologies
    • Advanced Electric Machines Ltd
    • Arteco
      • Table Technical Specifications of Arteco EV-Specific Water-Glycol Coolants
    • BMW
    • BYD Auto
    • Diamond Foundry
    • Dynex Semiconductor (CRRC)
    • Efficient Power Conversion Corporation (EPC)
    • Elaphe
    • Equipmake
    • Fengzhi Ruilian
    • GaN Systems
    • General Motors
    • Heraeus
    • Hyundai
    • Infineon
    • Integral e-Drive
    • Lotus
    • Lucid Motors
    • Magna International
    • McLaren Automotive
    • Nexperia
    • NXP Semiconductors
    • Qorvo (QPT)
    • Renesas Electronics Corporation
    • Rivian
    • ROHM Semiconductor
    • STMicroelectronics
    • Transphorm
    • Valeo
    • Wolfspeed
    • ZF Friedrichshafen AG

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