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Automotive Power Electronics Market Share

Report ID: GMI6796
Published Date: Sep 2023
Report Format: PDF

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Automotive Power Electronics Market Share

Major companies operating in the automotive power electronics market are

ABB
Analog Devices
Continental AG
Delphi Technologies
Danfoss
Fuji Electric
Infineon Technologies AG
Maxim Integrated
Mitsubishi Electric Corporation
NXP Semiconductor
ON Semiconductor
Renesas
Robert Bosch GmbH
STMicroelectronics
Texas Instruments, Inc.
Toshiba Corporation

The competitive landscape is characterized by continuous innovation as companies strive to improve their offerings with new technologies, integrations, and partnerships.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for automotive power electronics was valued at USD 4.8 billion in 2022 and is anticipated to grow at a CAGR of over 4.5% between 2023 & 2032, backed by the increasing modernization of vehicles.

The power IC segment held a market share of over 70% in 2022 and is expected to grow at a lucrative pace by 2032 as these ICs offer high power density and thermal performance, enabling better energy management in vehicles.

Asia Pacific held a market share of over 30% in 2022 and is poised to generate lucrative growth opportunities as the region, home to major automotive manufacturers & a burgeoning middle class, is witnessing an increased demand for vehicles.

Delphi Technologies, Danfoss, Fuji Electric, Infineon Technologies AG, Maxim Integrated, Mitsubishi Electric Corporation, NXP Semiconductor, ON Semiconductor, Renesas, Robert Bosch GmbH, STMicroelectronics, Texas Instruments, Inc., and Toshiba Corporation among others.