Global Automotive Power Transformer Market Growth 2025-2031

The global Automotive Power Transformer market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

An automotive power transformer is a transformer with only one winding wound on a laminated iron core, also known as an autotransformer. Its function is to convert the 12-volt or 24-volt direct current of the car into alternating current or direct current of different voltages for use by various electrical equipment, such as navigators, refrigerators, air conditioners, etc.

The industrial chain of automotive power transformers mainly includes upstream raw material and component suppliers, midstream transformer manufacturers, and downstream automobile manufacturers and electrical equipment manufacturers. Among them, ferrite cores, silicon and silicon carbide are important raw materials for upstream components, and control chips, inductor coils, capacitors and power semiconductors are upstream components. Midstream transformer manufacturers mainly include Taiwanese manufacturers such as Delta, Lite-On, Chicony, and Kangshu, as well as domestic manufacturers such as TBEA, Baobian Electric, and Huapeng Transformer. Downstream car manufacturers and electrical equipment manufacturers cover various brands and types of cars and equipment, such as Volkswagen, Toyota, Honda, Mercedes-Benz and other car brands, as well as equipment brands such as navigators, refrigerators, and air conditioners. The industry of automotive power transformers is the automotive supporting industry. With the development of new technologies such as new energy vehicles and intelligent connected vehicles, the automotive supporting industry is also facing new opportunities and challenges. In 2022, the market size of Chinas auto accessory industry will reach 1.8 trillion yuan, a year-on-year increase of 8.5%. Among them, the new energy vehicle supporting market will reach 1.2 trillion yuan, a year-on-year increase of 15.6%. It is estimated that by 2025, the market size of Chinas auto accessory industry will grow to 2.4 trillion yuan, and the market size of new energy vehicle accessories will grow to 2 trillion yuan. Therefore, as an important part of new energy vehicles, automotive power transformers also have broad development prospects.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Power Transformer Industry Forecast” looks at past sales and reviews total world Automotive Power Transformer sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Power Transformer sales for 2025 through 2031. With Automotive Power Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Power Transformer industry.

This Insight Report provides a comprehensive analysis of the global Automotive Power Transformer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Power Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Power Transformer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Power Transformer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Power Transformer.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Power Transformer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Dry Type Transformer
Oil-Immersed Type Transformer

Segmentation by Application:
New Energy Vehicle
AC Charging Pile
DC Charging Pile
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mitsubishi Electric
Toshiba
ABB
Himag Planar Magnetics
KV Electronics
Johnson Electric Coil Company
Triad Magnetics
Lenco Electronics, Inc.
Stangenes Industries
MPS Industries
EVR Power
Kirloskar Electric Company
RIGIR
Jiangsu Huapeng Transformer
Shenzhen Wanzhiyu Technology
Shenzhen Spitzer Electronic
Sichuan Jingweida Technology Group
ShenZhen HongYuanSheng Electron
ShenZhen Baohui Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Power Transformer market?

What factors are driving Automotive Power Transformer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Power Transformer market opportunities vary by end market size?

How does Automotive Power Transformer break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.