Traction Inverter Market Scope And Analysis

Report Code : TIPRE00014595
Category : Automotive and Transportation

No. of Pages : 150

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Traction Inverter Market Scope and Key Players Analysis by 2031

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Traction Inverter Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 18.13 Billion
Market Size by 2031	US$ 65.80 Billion
Global CAGR (2023 - 2031)	17.5%
Historical Data	2021-2022
Forecast period	2023-2031
Segments Covered	By Propulsion BEV HEV PHEV By Voltage Up to 200V 201 to 900V 901v and above By Technology IGBT MOSFET By Vehicle Type Passenger Cars Commercial Vehicles
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Infineon Technologies AG Continental AG Delphi Technologies Plc Hitachi Ltd Mitsubishi Electric Corporation Siemens AG Toshiba Corporation Voith GmbH Co KGaA Curtiss Wright Industrial Group Dana Incorporated

Traction Inverter Market News and Recent Developments

The traction inverter market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the traction inverter market are listed below:

LEM, a leading global company in electrical measurement for industrial and automotive applications, has launched the HAH3DR S07/SP42, a new compact current sensor designed for 800V three-phase power modules. Developers of automotive traction inverters are increasingly using three-phase power modules such as the popular and widely proven Hybridpack Drive from Infineon. These modules are now adopting the more efficient SiC MOSFET technology, allowing vehicles to use 800V battery systems that offer faster charging and longer driving range. (Source: News Letter, November 2023)
Infineon Technologies AG launched a new automotive power module, HybridPACK Drive G2, for traction inverters in electric vehicles. It builds on the well-established HybridPACK Drive G1 concept of an integrated B6 package, offering scalability within the same footprint and extending it to higher power and ease of use. The HybridPACK Drive G2 will be available with different current ratings, voltage levels (750V and 1200V), and Infineon’s next-generation chip technologies EDT3 (Si IGBT) and CoolSiC G2 MOSFET. (Source: Company Website News, April 2023)

Traction Inverter Market Report Coverage and Deliverables

The “Traction Inverter Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Traction inverter market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Traction inverter market trends as well as market dynamics such as drivers, restraints, and key opportunities.
Detailed PEST and SWOT analysis
Traction inverter market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the traction inverter market
Detailed company profiles