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Global Traction Inverter Market Report 2024

Traction Inverter Global Market Report 2024 – By Propulsion (Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), Other Propulsion), By Technology (Insulated-Gate Bipolar Transistor (IGBT), Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET), Other Technologies), By Vehicle (Passenger Cars, Commercial Vehicles) – Market Size, Trends, And Global Forecast 2024-2033

Traction Inverter Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Traction Inverter Market Definition

A traction inverter is an electronic device used in electric vehicles (EVs) and hybrid vehicles to control the electric motor's speed and torque. It converts the vehicle's DC power (from the battery) into AC power, which is required to drive the electric motor. This critical component plays a key role in the performance, efficiency, and control of the vehicle's propulsion system.

The main propulsion types of traction inverters are battery electric vehicles (BEV), hybrid electric vehicles(HEV), plug-in hybrid electric vehicles(PHEV), and others. A battery electric vehicle (BEV) is a type of electric vehicle that exclusively uses chemical energy stored in rechargeable battery packs for propulsion. The various technologies include insulated-gate bipolar transistor(IGBT), metal-oxide-semiconductor field-effect transistor(MOSFET), and others. These are used in various vehicles such as passenger cars, and commercial vehicles.

Traction Inverter Market Segmentation

The traction inverter market covered in this report is segmented –

1) By Propulsion: Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), Other Propulsion

2) By Technology: Insulated-Gate Bipolar Transistor (IGBT), Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET), Other Technologies

3) By Vehicle: Passenger Cars, Commercial Vehicles

Global Traction Inverter Market Size 2023 to 2028: Graph

Traction Inverter Market Size 2024 And Growth Rate

The traction inverter market size has grown rapidly in recent years. It will grow from $14.58 billion in 2023 to $17.32 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to electric vehicle (ev) adoption, stringent emission regulations, government incentives, rising consumer awareness, global focus on sustainable transportation.

Traction Inverter Market Growth Forecast

The traction inverter market size is expected to see rapid growth in the next few years. It will grow to $32.11 billion in 2028 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to continued electric vehicle growth, increasing energy density of batteries, expansion of charging infrastructure, government regulations and standards, r&d in power electronics. Major trends in the forecast period include automotive industry collaborations and partnerships, integration of vehicle-to-grid (v2g) technology, technological advancements, silicon carbide (sic) and gallium nitride (gan) adoption, smart inverters and digitalization.

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Traction Inverter Market Driver: Surging Electric Vehicle Popularity Fuels Robust Growth In The Traction Inverter Market

The rising popularity of electric vehicles is expected to propel the growth of the traction inverter market. An electric vehicle (EV) is a vehicle that relies on an electric motor for propulsion, using energy stored in rechargeable batteries. The traction inverter is used in electric vehicles to convert direct current (DC) from batteries into alternating current (AC), thus controlling the speed and torque of the electric motor, which is essential for the vehicle's performance and efficiency. For instance, in July 2023, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization, the share of electric cars in total car sales increased from 9% in 2021 to 14% in 2022, with sales exceeding 10 million in 2022. Therefore, the rising popularity of electric vehicles is driving the growth of the traction inverter market.

Global Traction Inverter Market Major Players

Major companies operating in the traction inverter market report are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Company, Continental AG, Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Toshiba Corporation, Lear Corporation, Texas Instruments Incorporated, Parker Hannifin Corporation, STMicroelectronics N.V., BorgWarner Inc., Infineon Technologies AG, Emerson Electric Co., Renesas Electronics Corporation, Dana Incorporated, Semiconductor Components Industries LLC - ON Semiconductor, Rockwell Automation Inc., Fuji Electric Co. Ltd., Voith GmbH & Co. KGaA, Yaskawa Electric Corporation, Curtiss Aeroplane and Motor Company, Delphi Technologies PLC

Global Traction Inverter Market Trend: Unveiling Next-Generation Power Modules For Traction Inverters In The Automotive Industry

Major companies operating in the traction inverter market are focused on developing new components with optimized power, such as SiC MOSFET, to increase their profitability in the market. SiC MOSFETs in traction inverters enable efficient, high-frequency power conversion for electric vehicle motor drive systems. For instance, in December 2021, Robert Bosch GmbH, a Germany-based automotive company, announced its first generation of SiC MOSFETs for automotive traction inverters to optimize the power modules. These SiC MOSFETs have breakdown voltages of 750 V and 1,200 V, making them ideal for 400 V or 800 V inverter systems. The SiC MOSFETs allow for the lowest switching and conduction losses and a smooth dynamic, providing high performance during normal and special operating conditions. The SiC MOSFETs are part of the CSL (Compact Silicon Carbide Line) power module family for traction inverters.

Traction Inverter Market Merger And Acquisition: Saietta Group Bolsters Electric Traction Portfolio With E-Traction Acquisition

In November 2021, Saietta Group, a UK-based engineering company, acquired E-Traction B.V. for an undisclosed amount. Through this acquisition, Saietta's commercial and technical expertise, along with its well-established power electronics manufacturing facility, This strategic move has propelled the company's progress forward by several years. E-Traction B.V. is a Netherlands-based provider of in-wheel electric traction control systems and inverters.

Regional Insights For The Global Traction Inverter Market

North America was the largest region in the traction inverter market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the traction inverter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the traction inverter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The traction inverter market consists of sales of inverter units, power modules, control software, cooling systems, and sensors. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The traction inverter market research report is one of a series of new reports from The Business Research Company that provides traction inverter market statistics, including traction inverter industry global market size, regional shares, competitors with a traction inverter market share, detailed traction inverter market segments, market trends, and opportunities, and any further data you may need to thrive in the traction inverter industry. This traction inverter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Traction Inverter Market Report Forecast and Analysis
Report AttributeDetails
Market Size Value In 2024 $17.32 billion
Revenue Forecast In 2033 $32.11 billion
Growth Rate CAGR of 16.7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Propulsion: Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), Other Propulsion
2) By Technology: Insulated-Gate Bipolar Transistor (IGBT), Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET), Other Technologies
3) By Vehicle: Passenger Cars, Commercial Vehicles
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Robert Bosch GmbH; Hitachi Ltd.; Siemens AG; General Electric Company; Continental AG; Mitsubishi Electric Corporation; Schneider Electric SE; ABB Ltd.; Toshiba Corporation; Lear Corporation; Texas Instruments Incorporated; Parker Hannifin Corporation; STMicroelectronics N.V.; BorgWarner Inc.; Infineon Technologies AG; Emerson Electric Co.; Renesas Electronics Corporation; Dana Incorporated; Semiconductor Components Industries LLC - ON Semiconductor; Rockwell Automation Inc.; Fuji Electric Co. Ltd.; Voith GmbH & Co. KGaA; Yaskawa Electric Corporation; Curtiss Aeroplane and Motor Company; Delphi Technologies PLC
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Traction Inverter Market Characteristics

    3. Traction Inverter Market Trends And Strategies

    4. Traction Inverter Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Traction Inverter Market Size and Growth

    5.1. Global Traction Inverter Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Traction Inverter Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Traction Inverter Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Traction Inverter Market Segmentation

    6.1. Global Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Battery Electric Vehicle (BEV)

    Hybrid Electric Vehicles (HEV)

    Plug-In Hybrid Electric Vehicles (PHEV)

    Other Propulsions

    6.2. Global Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Insulated-Gate Bipolar Transistor (IGBT)

    Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET)

    Other Technologies

    6.3. Global Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Passenger Cars

    Commercial Vehicles

    7. Traction Inverter Market Regional And Country Analysis

    7.1. Global Traction Inverter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Traction Inverter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Traction Inverter Market

    8.1. Asia-Pacific Traction Inverter Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Traction Inverter Market

    9.1. China Traction Inverter Market Overview

    9.2. China Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Traction Inverter Market

    10.1. India Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Traction Inverter Market

    11.1. Japan Traction Inverter Market Overview

    11.2. Japan Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Traction Inverter Market

    12.1. Australia Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Traction Inverter Market

    13.1. Indonesia Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Traction Inverter Market

    14.1. South Korea Traction Inverter Market Overview

    14.2. South Korea Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Traction Inverter Market

    15.1. Western Europe Traction Inverter Market Overview

    15.2. Western Europe Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Traction Inverter Market

    16.1. UK Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Traction Inverter Market

    17.1. Germany Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Traction Inverter Market

    18.1. France Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Traction Inverter Market

    19.1. Italy Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Traction Inverter Market

    20.1. Spain Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Traction Inverter Market

    21.1. Eastern Europe Traction Inverter Market Overview

    21.2. Eastern Europe Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Traction Inverter Market

    22.1. Russia Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Traction Inverter Market

    23.1. North America Traction Inverter Market Overview

    23.2. North America Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Traction Inverter Market

    24.1. USA Traction Inverter Market Overview

    24.2. USA Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Traction Inverter Market

    25.1. Canada Traction Inverter Market Overview

    25.2. Canada Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Traction Inverter Market

    26.1. South America Traction Inverter Market Overview

    26.2. South America Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Traction Inverter Market

    27.1. Brazil Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Traction Inverter Market

    28.1. Middle East Traction Inverter Market Overview

    28.2. Middle East Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Traction Inverter Market

    29.1. Africa Traction Inverter Market Overview

    29.2. Africa Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Traction Inverter Market, Segmentation By Vehicle

    , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Traction Inverter Market Competitive Landscape And Company Profiles

    30.1. Traction Inverter Market Competitive Landscape

    30.2. Traction Inverter Market Company Profiles

    30.2.1. Robert Bosch GmbH

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Hitachi Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Siemens AG

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. General Electric Company

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Continental AG

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Traction Inverter Market Other Major And Innovative Companies

    31.1. Mitsubishi Electric Corporation

    31.2. Schneider Electric SE

    31.3. ABB Ltd.

    31.4. Toshiba Corporation

    31.5. Lear Corporation

    31.6. Texas Instruments Incorporated

    31.7. Parker Hannifin Corporation

    31.8. STMicroelectronics N.V.

    31.9. BorgWarner Inc.

    31.10. Infineon Technologies AG

    31.11. Emerson Electric Co.

    31.12. Renesas Electronics Corporation

    31.13. Dana Incorporated

    31.14. Semiconductor Components Industries LLC - ON Semiconductor

    31.15. Rockwell Automation Inc.

    32. Global Traction Inverter Market Competitive Benchmarking

    33. Global Traction Inverter Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Traction Inverter Market

    35. Traction Inverter Market Future Outlook and Potential Analysis

    35.1 Traction Inverter Market In 2028 - Countries Offering Most New Opportunities

    35.2 Traction Inverter Market In 2028 - Segments Offering Most New Opportunities

    35.3 Traction Inverter Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Traction Inverter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Traction Inverter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Robert Bosch GmbH Financial Performance
  • Table 75: Hitachi Ltd. Financial Performance
  • Table 76: Siemens AG Financial Performance
  • Table 77: General Electric Company Financial Performance
  • Table 78: Continental AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Traction Inverter Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Traction Inverter Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Traction Inverter Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Traction Inverter Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Traction Inverter Market, Segmentation By Vehicle
  • , Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Robert Bosch GmbH Financial Performance
  • Figure 75: Hitachi Ltd. Financial Performance
  • Figure 76: Siemens AG Financial Performance
  • Figure 77: General Electric Company Financial Performance
  • Figure 78: Continental AG Financial Performance

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Frequently Asked Questions

What is the definition of the traction inverter market?

A traction inverter is an electronic device used in electric vehicles (EVs) and hybrid vehicles to control the electric motor's speed and torque. It converts the vehicle's DC power (from the battery) into AC power, which is required to drive the electric motor. This critical component plays a key role in the performance, efficiency, and control of the vehicle's propulsion system. For further insights on the traction inverter market, request a sample here

How will the traction inverter market drivers and restraints affect the traction inverter market dynamics? What forces will shape the traction inverter industry going forward?

The traction inverter market major growth driver - surging electric vehicle popularity fuels robust growth in the traction inverter market. For further insights on the traction inverter market, request a sample here

What is the forecast market size or the forecast market value of the traction inverter market ?

The traction inverter market size has grown rapidly in recent years. It will grow from $14.58 billion in 2023 to $17.32 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to electric vehicle (ev) adoption, stringent emission regulations, government incentives, rising consumer awareness, global focus on sustainable transportation. The traction inverter market size is expected to see rapid growth in the next few years. It will grow to $32.11 billion in 2028 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to continued electric vehicle growth, increasing energy density of batteries, expansion of charging infrastructure, government regulations and standards, r&d in power electronics. Major trends in the forecast period include automotive industry collaborations and partnerships, integration of vehicle-to-grid (v2g) technology, technological advancements, silicon carbide (sic) and gallium nitride (gan) adoption, smart inverters and digitalization. For further insights on the traction inverter market, request a sample here

How is the traction inverter market segmented?

The traction inverter market is segmented
1) By Propulsion: Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), Other Propulsion
2) By Technology: Insulated-Gate Bipolar Transistor (IGBT), Metal-Oxide Semiconductor Field-Effect Transistor (MOSFET), Other Technologies
3) By Vehicle: Passenger Cars, Commercial VehiclesFor further insights on the traction inverter market, request a sample here

Which region has the largest share of the traction inverter market? What are the other regions covered in the report?

North America was the largest region in the traction inverter market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the traction inverter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the traction inverter market, request a sample here.

Who are the major players in the traction inverter market?

Major companies operating in the traction inverter market report are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Company, Continental AG, Mitsubishi Electric Corporation, Schneider Electric SE, ABB Ltd., Toshiba Corporation, Lear Corporation, Texas Instruments Incorporated, Parker Hannifin Corporation, STMicroelectronics N.V., BorgWarner Inc., Infineon Technologies AG, Emerson Electric Co., Renesas Electronics Corporation, Dana Incorporated, Semiconductor Components Industries LLC - ON Semiconductor, Rockwell Automation Inc., Fuji Electric Co. Ltd., Voith GmbH & Co. KGaA, Yaskawa Electric Corporation, Curtiss Aeroplane and Motor Company, Delphi Technologies PLC For further insights on the traction inverter market, request a sample here.

What are the key trends in the traction inverter market?

Major trend in the traction inverter market - unveiling next-generation power modules for traction inverters in the automotive industry. For further insights on the traction inverter market, request a sample here.

What are the major opportunities in the traction inverter market? What are the strategies for the traction inverter market?

For detailed insights on the major opportunities and strategies in the traction inverter market, request a sample here.

How does the traction inverter market relate to the overall economy and other similar markets?

For detailed insights on traction inverter market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the traction inverter industry?

For detailed insights on the mergers and acquisitions in the traction inverter industry, request a sample here.

What are the key dynamics influencing the traction inverter market growth? SWOT analysis of the traction inverter market.

For detailed insights on the key dynamics influencing the traction inverter market growth and SWOT analysis of the traction inverter industry, request a sample here.