Global Automotive Power Electronics Market Analysis 2020

Global Automotive Power Electronics Market Analysis 2020

The Global Automotive Power Electronics market is expected to reach $5.64 billion by 2026 growing at a CAGR of 6.8% during 2019 to 2026. Power Electronics is the branch of electronics deals to control power fluctuation in components such as transistors, monitoring diodes, and others. It consists of the solid-state circuit device that transfers the current from source to the load and enhances the conservation of energy by managing the power. Automotive power electronics are used to control engines of automobiles originated in the automotive electronics for proper controlling and conversion. It offers a wide range of application such as central locking, anti-braking system, power steering, braking system, and seat control. Further, its application is extended to various fields such as aerospace, automotive, commercial, industrial, telecommunication, transportation, and utility systems. It allows the flow of the current in a bidirectional way, and thereby improves the efficiency of the system by withstanding high power temperature.

The factors such as increasing demand for vehicle connectivity, infotainment and powertrain electrification, increase in demand for energy-efficient battery-powered devices, increasing adoption of safety systems, and growing environmental concerns are driving the market growth. However, increase in the overall cost of the vehicle is expected to restrain the market growth during the forecast period.

Depending on vehicle type, the passenger vehicle segment makes a major contribution to the automotive power electronics market. The increased demand for safety systems and fuel efficient technology associated with vehicle power train in emerging markets are fueling factor for the dominance of passenger vehicle. From past 5 or 10 years, passenger vehicles are getting installed with number of safety, comfort, entertainment and vehicle management features. This is because of factor such as changing preferences of vehicle buyer supported by government legislations. Moreover, increasing population in developing economies also encourage OEMs to add specific features in new models of passenger vehicles.

The key vendors mentioned are Continental, Rohm Semiconductor, Texas Instruments, Robert Bosch, Toshiba Corp, ON Semiconductor, Infineon Technologies, Mitsubishi Electric, NXP Semiconductors, Qualcomm, ACTIA Group, STMicroelectronics, Renesas Electronics Corp, Vishay Intertechnology, Fuji Electric, BYD, Delphi, Delta Electronics, Denso, and Semikron.

Components Covered:
• Sensors
• Microcontroller Unit (MCU)
• Power Integrated Circuit

Devices Covered:
• Power Module
• Power IC
• Power Discrete

Materials Covered:
• Silicon Carbide
• Gallium Nitride
• Silicon
• Other Materials

Vehicle Types Covered:
• Commercial Vehicle
• Passenger Vehicle
• Electric Vehicle

Electric Vehicle Types Covered:
• Battery Electric Vehicles (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Hybrid Electric Vehicle (HEV)
• IC Engine Vehicle
• Pure Electric Vehicle
• Fuel Cell Electric Vehicle (FCEV)

Applications Covered:
• Engine Management & Powertrain
• Battery Management
• Advanced Driver Assistance System (ADAS)
• Body Control & Comfort
• Telematics
• Infotainment
• Powertrain & Chassis
• Safety and Security Electronics
• Body Electronics
• Engine Electronic
• Transmission Electronics
• Active Safety
• Driver Assistance
• Passenger Comfort
• Entertainment System

Distribution Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:
• How this market evolved since the year 2018
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analysed during the forecast period