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Global Electric Vehicle Power Inverter Market 2017-2021

Global Electric Vehicle Power Inverter Market 2017-2021

About Electric Vehicle Power Inverter

A power inverter or inverter is an electric device that converts DC (direct current) to AC (alternating current). It is an assembly of power devices and passive components. The power devices, also called IGBT (insulated-gate bipolar transistor) stack, are built with IGBTs and passive components. IGBTs are made from Si (silicon) material components. The passive components include capacitors, resistors, PCBs, and cooling systems. The power devices/IGBT stack, together with power connectors and sensors, create the power inverter module.

Technavio’s analysts forecast the global electric vehicle power inverter market to grow at a CAGR of 7.92% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric vehicle power inverter market for 2017-2021. To calculate the market size, the report considers the a bottom-up approach, which accounts for the total revenue of key vendors and total unit sales of major EVs in the market.

The market is divided into the following segments based on geography:

  • APAC
  • North America
  • Europe
Technavio's report, Global Electric Vehicle Power Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key vendors
  • Continental
  • Bosch
  • Hitachi Automotive
  • Toyota Industries
Other prominent vendors
  • Denso
  • Delphi
  • Mitsubishi Electric
  • Metric mind
  • Fuji Electric
  • BYD
Market driver
  • Increased sales of (H)EVs in major global regions and addition to current portfolio of vehicle models by OEMs
  • For a full, detailed list, view our report
Market challenge
  • Functional safety requirements
  • For a full, detailed list, view our report
Market trend
  • In-wheel micro inverter system
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


  • Executive summary
  • Scope of the report
    • Market overview
    • Report coverage
    • Top-vendor offerings
      • Table Key Vendors: Product offerings
      • Table Other Vendors: Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global Power Inverter Market by Applications 2016
      • Table Working of EV power inverter module
      • Table Types of electric powertrains
      • Table Features of different types EV powertrains
    • Value Chain Analysis
      • Table Value chain analysis of global EV power inverter market
  • Market landscape
    • Market overview
      • Table Global EV power inverter market landscape
    • Market size and forecast
      • Table Global EV power Inverter Market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by types of electric powertrain
    • Market Overview
    • Market size and forecast
      • Table Global EV power inverter market by mild hybrids 2016-2021 ($ billions)
      • Table Global EV power inverter market by full hybrids 2016-2021 ($ billions)
      • Table Global EV power inverter market by plug-in hybrids 2016-2021 ($ billions)
      • Table Global EV power inverter market by pure EVs 2016-2021 ($ billions)
      • Table Global EV power inverter market by Commercial (H)EV 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global EV power inverter market share by geography 2016
      • Table Global EV power inverter market share by geography 2021
    • EV power inverter market in APAC
      • Table Electric vehicle power inverter market: APAC 2016-2021 ($ billions)
      • Table Hybrid vehicle power inverter market: APAC 2016-2021 ($ billions)
      • Table Pure EV power inverter market: APAC 2016-2021 ($ billions)
    • EV power inverter market in North America
      • Table Electric vehicle power inverter market: North America 2016-2021 ($ billion)
      • Table Hybrid vehicle power inverter market: North America 2016-2021 ($ billions)
      • Table Pure EV Power inverter market: North America 2016-2021 ($ billions)
    • EV power inverter market in Europe
      • Table Tax credits of top four EV markets in Europe
      • Table Electric vehicle power inverter market: Europe 2016-202 ($ billion)
      • Table Hybrid vehicle power inverter market: Europe 2016- 2021 ($ billions)
      • Table Pure EV power inverter market: Europe 2016-2021 ($ billions)
  • Market drivers
    • Increased sales of (H)EVs in major global regions and addition to current portfolio of vehicle models by OEMs
      • Table Global (H)EV market 2016-2021
    • Reduced cost of inverter components due to advancements in materials and improved packaging arrangement
      • Table The average price of electric powertrain components 2016 & 2021
      • Table Cost breakdown based on inverter components
    • Rising demand for improved driving range of EVs
  • Market challenges
    • Functional safety requirements
    • Thermal management issues limiting the performance of EVs
    • Electromagnetic interference damages the powertrain components
  • Market trends
    • In-wheel micro inverter system
    • Adoption of new materials: SiC and GaN
    • Implementation of new bundle solutions: Packaging
  • Vendor landscape
    • Competitive benchmarking
      • Table Competitive Benchmarking
    • Other prominent vendors
  • Key vendor analysis
    • Continental
      • Table Continental: Business segmentation 2015 by revenue
      • Table Continental: Geographical segmentation by revenue
      • Table Continental: Product portfolio
      • Table Recent developments: Continental
    • Bosch
      • Table Bosch: Business segmentation 2015 by revenue share
      • Table Bosch: Geographical segmentation by revenue 2015
      • Table Product portfolio: Bosch
      • Table Recent developments: Bosch
    • Hitachi Automotive
      • Table Hitachi Automotive: Geographical segmentation by revenue 2015
      • Table Product portfolio: Hitachi Automotive
      • Table Recent developments: Hitachi Automotive
    • Toyota Industries
      • Table Product portfolio: Toyota Industries
      • Table Toyota Industries: Top inverter models offered and vehicles equipped
      • Table Recent developments: Toyota Industries
  • Appendix
    • List of abbreviations
  • Explore Technavio

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