EV Low Voltage Drive System Market Share

Continental AG and Infineon collectively held a substantial market share of over 13% in the EV low voltage drive system industry in 2024. Continental AG and Infineon Technologies possess a substantial share in the EV low voltage drive systems industry, attributed to their advanced technological capabilities, comprehensive product portfolios, and significant contributions to the development of sophisticated power electronics and drive systems for electric vehicles.

Continental AG, a global leader in automotive solutions, maintains a strong presence in the EV market by providing critical electronic components such as motor controllers, inverters, and battery management systems, which are essential to low-voltage drive systems.

Infineon is a prominent entity in the semiconductor industry, providing essential components such as power semiconductors and microcontrollers, which are integral to low-voltage drive systems. Infineon's proficiency in energy-efficient power electronics, particularly for 48V and sub-48V systems, establishes it as a crucial supplier for automakers and electric vehicle manufacturers. These manufacturers seek to enhance performance while reducing energy consumption and costs.

Valeo and ZF are strategically enhancing their positions in the EV low voltage drive systems market. Valeo is expanding its portfolio of electrification solutions, focusing on 48V systems and power electronics, to address the increasing demand for sustainable mobility. Similarly, ZF is strengthening its market presence by developing innovative low-voltage drive systems for mild hybrid and electric vehicles, while also expanding its global footprint through acquisitions and collaborations.

EV Low Voltage Drive System Market Companies

Major players operating in the EV low voltage drive system industry are:

• ABB
• Allegro Microsystems
• Analog Devices
• Borgwarner
• Continental
• Delphi Technologies
• Eaton
• Infineon
• Lear
• Mahle