EV Inverter Market - Forecast (2022 - 2027)

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EV Inverter Market Forecast(2022 - 2027)
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• EV Inverter Market size is projected to reach US
  35.29 billion by 2026 and is estimated to grow at
  around CAGR 10.9 during the forecast period
  2021-2026. 
• The robust growth of the Electric Vehicle (EV)
  Inverter Market is majorly attributed to the huge
  investments towards the expansion of electric
  vehicle charging infrastructure and increasing
  development of electrification technology to
  reduce fuel consumption. Growth in sales of
  Battery Electric Vehicles and the high cost of
  batteries (156/kWh in 2020) has necessitated
  the improvement of inverters and other power
  electronic for improving the performance of
  vehicles.

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• Key Takeaways
• APAC estimated to dominate the market during
  2021-2026 owing to high sales of electric
  vehicles in emerging countries such as China and
  India.
• Increasing penetration of electric vehicles and
  high demand for traction inverters are augmenting
  the market.
• Technical inefficiency is one of the challenges
  impeding the growth of the market.

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• By Distribution Channel- Segment Analysis
• The demand for traction inverter is driven by
  several key technologies, including power device
  materials, power capacitors and cooling
  technologies. 
• The traction inverter is responsible for
  converting energy from the vehicle's battery in
  order to drive the motors in the drivetrain and
  this key component has a direct impact on road
  performance, driving range and reliability of the
  vehicle ensuring dependability and safety for the
  driver and passengers.

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• EV Inverter Market
•  
• Continental AG
• Robert Bosch GmbH
• Hitachi Ltd.
• Toyota Motor Corporation
• Denso Corporation
• Hyundai Mobis Co. Ltd.
• Mitsubishi Electric Corporation
• Eaton Corporation
• Fuji Electric BYD
• Danfoss Group

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EV Inverter Market  Learn More About the Report
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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