The global traction inverter market size was USD 17.93 billion in 2023, estimated at USD 20.96 billion in 2024 and is anticipated to reach around USD 96.61 billion by 2034, expanding at a CAGR of 16.51% from 2024 to 2034.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Traction Inverter Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Traction Inverter Market Revenue and Volume Forecast, by Propulsion, 2024-2034
8.1.1. BEV
8.1.1.1. Market Revenue and Volume Forecast (2021-2034)
8.1.2. HEV
8.1.2.1. Market Revenue and Volume Forecast (2021-2034)
8.1.3. PHEV
8.1.3.1. Market Revenue and Volume Forecast (2021-2034)
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast (2021-2034)
9.1. Traction Inverter Market Revenue and Volume Forecast, by Voltage, 2024-2034
9.1.1. Up to 200V
9.1.1.1. Market Revenue and Volume Forecast (2021-2034)
9.1.2. 200 to 900V
9.1.2.1. Market Revenue and Volume Forecast (2021-2034)
9.1.3. 900V and above
9.1.3.1. Market Revenue and Volume Forecast (2021-2034)
10.1. Traction Inverter Market Revenue and Volume Forecast, by Technology, 2024-2034
10.1.1. IGBT
10.1.1.1. Market Revenue and Volume Forecast (2021-2034)
10.1.2. MOSFET
10.1.2.1. Market Revenue and Volume Forecast (2021-2034)
10.1.3. Others
10.1.3.1. Market Revenue and Volume Forecast (2021-2034)
11.1. Traction Inverter Market Revenue and Volume Forecast, by Vehicle, 2024-2034
11.1.1. Passenger Cars
11.1.1.1. Market Revenue and Volume Forecast (2021-2034)
11.1.2. Commercial Vehicles
11.1.2.1. Market Revenue and Volume Forecast (2021-2034)
11.1.3. Others
11.1.3.1. Market Revenue and Volume Forecast (2021-2034)
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.1.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.1.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.1.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.1.5.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.1.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.1.5.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.1.6.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.1.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.1.6.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.2.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.2.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.2.5.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.2.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.5.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.2.6.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.2.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.6.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.2.7.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.2.7.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.7.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.2.8.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.2.8.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.2.8.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.3.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.3.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.3.5.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.3.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.5.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.3.6.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.3.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.6.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.3.7.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.3.7.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.7.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.3.8.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.3.8.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.3.8.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.4.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.4.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.4.5.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.4.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.5.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.4.6.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.4.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.6.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.4.7.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.4.7.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.7.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.4.8.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.4.8.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.4.8.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.5.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.5.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.5.5.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.5.5.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.5.5.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Propulsion (2021-2034)
12.5.6.2. Market Revenue and Volume Forecast, by Voltage (2021-2034)
12.5.6.3. Market Revenue and Volume Forecast, by Technology (2021-2034)
12.5.6.4. Market Revenue and Volume Forecast, by Vehicle (2021-2034)
13.1. Siemens AG
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Infineon Technologies AG
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Continental AG
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Robert Bosch GmbH
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Delphi Technologies
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Hitachi Automotive Systems
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Mitsubishi Electric Corporation
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Toshiba Corporation
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Fuji Electric Co., Ltd.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. ABB Ltd
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client