Global Electric Vehicle Power Inverter Market 2021-2031

Bonafide Trust 06-09-2022 168 Pages
Region : Global Category : Automotive & Transport Automotive

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Report Description
Table of Contents
List of Figure Tables

Global electric vehicle power inverter market will reach $59,971.1 million by 2031, growing by 14.5% annually over 2021-2031, driven by the increasing sales of electric vehicles, the growing incorporation of inverters operating in EVs, the growing government support, and the technological advancements in the field of power electronics. Highlighted with 82 tables and 77 figures, this 168-page report “Global Electric Vehicle Power Inverter Market 2021-2031 by Inverter Type (Traction, Soft-switching), Integration Level (Integrated, Mechatronic, Separate), Propulsion Type (BEVs, HEVs, PHEVs, FCEVs), Vehicle Type (Passenger, Commercial), Distribution (Aftermarket, OEM), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global electric vehicle power inverter market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global electric vehicle power inverter market in every aspect of the classification from perspectives of Inverter Type, Integration Level, Propulsion Type, Vehicle Type, Distribution, and Region. Based on Inverter Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Traction Inverter • Soft-switching Inverter Based on Integration Level, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Integrated Inverter System • Mechatronic Integration System • Separate Inverter System By Propulsion Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Battery Electric Vehicles (BEVs) • Hybrid Electric Vehicles (HEVs) • Plug-in Hybrid Electric Vehicle (PHEVs) • Fuel Cell Electric Vehicle (FCEVs) By Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Passenger Cars • Commercial Vehicles By Distribution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Aftermarket • OEM Geographically, the following regions together with the listed national/local markets are fully investigated: • North America (U.S., Canada, and Mexico) • Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) • South America (Brazil, Chile, Argentina, Rest of South America) • MEA (UAE?Saudi Arabia?South Africa and Rest of MEA) For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Propulsion Type, Vehicle Type and Distribution over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: Aptiv PLC (Borgwarner Inc.) Continental AG CWB Automotive Electronics Co., Ltd. DENSO Corporation Drive System Design LTD Eaton Corporation PLC Exalta Oxy Neuron Fraunhofer ISE Hangzhou Tonny Electric & Tools Co., Ltd. Hitachi Astemo Ltd Hyundai Mobis Co., Ltd. Infineon Technologies AG Jinan ACME Power Supply Co., Ltd. John Deere Electronic Solutions Lear Corporation LG Magna e-Powertrain Marelli Corporation Meidensha Corporation Mitsubishi Electric Corporation Robert Bosch GMBH Toyota Industries Corporation Valeo Group Vitesco Technologies Wenzhou Kangyu Electrical Co., Ltd. ZF Friedrichshafen AG (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 9

1.1 Industry Definition and Research Scope 9

1.1.1 Industry Definition 9

1.1.2 Research Scope 10

1.2 Research Methodology 13

1.2.1 Overview of Market Research Methodology 13

1.2.2 Market Assumption 14

1.2.3 Secondary Data 14

1.2.4 Primary Data 14

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 21

2.1 Market Size and Forecast 21

2.1.1 Impact of COVID-19 on World Economy 22

2.1.2 Impact of COVID-19 on the Market 26

2.2 Major Growth Drivers 28

2.3 Market Restraints and Challenges 33

2.4 Emerging Opportunities and Market Trends 36

2.5 Porter’s Fiver Forces Analysis 40

3 Segmentation of Global Market by Inverter Type 44

3.1 Market Overview by Inverter Type 44

3.2 Traction Inverter 46

3.3 Soft-switching Inverter 47

4 Segmentation of Global Market by Integration Level 48

4.1 Market Overview by Integration Level 48

4.2 Integrated Inverter System 50

4.3 Mechatronic Integration System 51

4.4 Separate Inverter System 52

5 Segmentation of Global Market by Propulsion Type 53

5.1 Market Overview by Propulsion Type 53

5.2 Battery Electric Vehicles (BEVs) 55

5.3 Hybrid Electric Vehicles (HEVs) 56

5.4 Plug-in Hybrid Electric Vehicle (PHEVs) 57

5.5 Fuel Cell Electric Vehicle (FCEVs) 58

6 Segmentation of Global Market by Vehicle Type 59

6.1 Market Overview by Vehicle Type 59

6.2 Passenger Cars 61

6.3 Commercial Vehicles 62

7 Segmentation of Global Market by Distribution 63

7.1 Market Overview by Distribution 63

7.2 Aftermarket 65

7.3 OEM 66

8 Segmentation of Global Market by Region 67

8.1 Geographic Market Overview 2021-2031 67

8.2 North America Market 2021-2031 by Country 71

8.2.1 Overview of North America Market 71

8.2.2 U.S. 75

8.2.3 Canada 78

8.2.4 Mexico 80

8.3 European Market 2021-2031 by Country 82

8.3.1 Overview of European Market 82

8.3.2 Germany 86

8.3.3 U.K. 88

8.3.4 France 90

8.3.5 Spain 92

8.3.6 Italy 94

8.3.7 Netherlands 96

8.3.8 Rest of European Market 98

8.4 Asia-Pacific Market 2021-2031 by Country 100

8.4.1 Overview of Asia-Pacific Market 100

8.4.2 Japan 104

8.4.3 China 107

8.4.4 Australia 109

8.4.5 India 111

8.4.6 South Korea 113

8.4.7 Rest of APAC Region 115

8.5 South America Market 2021-2031 by Country 117

8.5.1 Argentina 120

8.5.2 Brazil 122

8.5.3 Chile 124

8.5.4 Rest of South America Market 126

8.6 MEA Market 2021-2031 by Country 127

8.6.1 UAE 130

8.6.2 Saudi Arabia 132

8.6.3 South Africa 134

8.6.4 Other National Markets 136

9 Competitive Landscape 137

9.1 Overview of Key Vendors 137

9.2 New Product Launch, Partnership, Investment, and M&A 141

9.3 Company Profiles 142

Aptiv PLC (Borgwarner Inc.) 142

Continental AG 144

CWB Automotive Electronics Co., Ltd. 145

DENSO Corporation 146

Drive System Design LTD 147

Eaton Corporation PLC 148

Exalta Oxy Neuron 149

Fraunhofer ISE 150

Hangzhou Tonny Electric & Tools Co., Ltd. 151

Hitachi Astemo Ltd 152

Hyundai Mobis Co., Ltd. 153

Infineon Technologies AG 154

Jinan ACME Power Supply Co., Ltd. 155

John Deere Electronic Solutions 156

Lear Corporation 157

LG Magna e-Powertrain 158

Marelli Corporation 159

Meidensha Corporation 160

Mitsubishi Electric Corporation 161

Robert Bosch GMBH 162

Toyota Industries Corporation 163

Valeo Group 164

Vitesco Technologies 165

Wenzhou Kangyu Electrical Co., Ltd. 166

ZF Friedrichshafen AG 167

RELATED REPORTS 168

List of Tables:

Table 1. Snapshot of Global Electric Vehicle Power Inverter Market in Balanced Perspective, 2021-2031 19
Table 2. World Economic Outlook, 2021-2031 23
Table 3. World Economic Outlook, 2021-2023 24
Table 4. Main Product Trends and Market Opportunities in Global Electric Vehicle Power Inverter Market 36
Table 5. Global Electric Vehicle Power Inverter Market by Inverter Type, 2021-2031, $ mn 44
Table 6. Global Electric Vehicle Power Inverter Market by Integration Level, 2021-2031, $ mn 48
Table 7. Global Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 53
Table 8. Global Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 59
Table 9. Global Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 63
Table 10. Global Electric Vehicle Power Inverter Market by Region, 2021-2031, $ mn 68
Table 11. Leading National Electric Vehicle Power Inverter Market, 2021 and 2031, $ mn 70
Table 12. North America Electric Vehicle Power Inverter Market by Country, 2021-2031, $ mn 73
Table 13. U.S. Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 77
Table 14. U.S. Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 77
Table 15. U.S. Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 77
Table 16. Canada Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 79
Table 17. Canada Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 79
Table 18. Canada Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 79
Table 19. Mexico Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 81
Table 20. Mexico Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 81
Table 21. Mexico Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 81
Table 22. Europe Electric Vehicle Power Inverter Market by Country, 2021-2031, $ mn 85
Table 23. Germany Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 87
Table 24. Germany Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 87
Table 25. Germany Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 87
Table 26. U.K. Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 89
Table 27. U.K. Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 89
Table 28. U.K. Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 89
Table 29. France Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 91
Table 30. France Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 91
Table 31. France Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 91
Table 32. Spain Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 93
Table 33. Spain Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 93
Table 34. Spain Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 93
Table 35. Italy Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 95
Table 36. Italy Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 95
Table 37. Italy Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 95
Table 38. Netherlands Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 97
Table 39. Netherlands Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 97
Table 40. Netherlands Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 97
Table 41. Electric Vehicle Power Inverter Market in Rest of Europe by Country, 2021-2031, $ mn 99
Table 42. APAC Electric Vehicle Power Inverter Market by Country, 2021-2031, $ mn 102
Table 43. Japan Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 106
Table 44. Japan Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 106
Table 45. Japan Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 106
Table 46. China Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 108
Table 47. China Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 108
Table 48. China Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 108
Table 49. Australia Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 110
Table 50. Australia Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 110
Table 51. Australia Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 110
Table 52. India Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 112
Table 53. India Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 112
Table 54. India Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 112
Table 55. South Korea Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 114
Table 56. South Korea Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 114
Table 57. South Korea Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 114
Table 58. Electric Vehicle Power Inverter Market in Rest of APAC by Country/Region, 2021-2031, $ mn 116
Table 59. South America Electric Vehicle Power Inverter Market by Country, 2021-2031, $ mn 119
Table 60. Argentina Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 121
Table 61. Argentina Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 121
Table 62. Argentina Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 121
Table 63. Brazil Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 123
Table 64. Brazil Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 123
Table 65. Brazil Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 123
Table 66. Chile Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 125
Table 67. Chile Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 125
Table 68. Chile Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 125
Table 69. MEA Electric Vehicle Power Inverter Market by Country, 2021-2031, $ mn 129
Table 70. UAE Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 131
Table 71. UAE Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 131
Table 72. UAE Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 131
Table 73. Saudi Arabia Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 133
Table 74. Saudi Arabia Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 133
Table 75. Saudi Arabia Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 133
Table 76. South Africa Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, $ mn 135
Table 77. South Africa Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, $ mn 135
Table 78. South Africa Electric Vehicle Power Inverter Market by Distribution, 2021-2031, $ mn 135
Table 79. Breakdown of World Market by Key Vendor, 2021, % 139
Table 80. Aptiv PLC (Borgwarner Inc.): Company Snapshot 142
Table 81. Aptiv PLC (Borgwarner Inc.): Business Segmentation 143
Table 82. Aptiv PLC (Borgwarner Inc.): Product Portfolio 143

List of Figures:

Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 18
Figure 4. Global Electric Vehicle Power Inverter Market, 2021-2031, $ mn 21
Figure 5. Impact of COVID-19 on Business 26
Figure 6. Primary Drivers and Impact Factors of Global Electric Vehicle Power Inverter Market 28
Figure 7. World Electric Vehicle Market, 2019-2030, $ bn 31
Figure 8. Share of GHG Emissions Covered by Countries That Have Adopted or Announced Net Zero Emission Targets 31
Figure 9. Cumulative Carbon Dioxide Emissions by Country, 1850-2021 32
Figure 10. Primary Restraints and Impact Factors of Global Electric Vehicle Power Inverter Market 33
Figure 11. Investment Opportunity Analysis 37
Figure 12. Porter’s Fiver Forces Analysis of Global Electric Vehicle Power Inverter Market 40
Figure 13. Breakdown of Global Electric Vehicle Power Inverter Market by Inverter Type, 2021-2031, % of Revenue 45
Figure 14. Global Addressable Market Cap in 2022-2031 by Inverter Type, Value ($ mn) and Share (%) 45
Figure 15. Global Electric Vehicle Power Inverter Market by Inverter Type: Traction Inverter, 2021-2031, $ mn 46
Figure 16. Global Electric Vehicle Power Inverter Market by Inverter Type: Soft-switching Inverter, 2021-2031, $ mn 47
Figure 17. Breakdown of Global Electric Vehicle Power Inverter Market by Integration Level, 2021-2031, % of Sales Revenue 49
Figure 18. Global Addressable Market Cap in 2022-2031 by Integration Level, Value ($ mn) and Share (%) 49
Figure 19. Global Electric Vehicle Power Inverter Market by Integration Level: Integrated Inverter System, 2021-2031, $ mn 50
Figure 20. Global Electric Vehicle Power Inverter Market by Integration Level: Mechatronic Integration System, 2021-2031, $ mn 51
Figure 21. Global Electric Vehicle Power Inverter Market by Integration Level: Separate Inverter System, 2021-2031, $ mn 52
Figure 22. Breakdown of Global Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, % of Sales Revenue 54
Figure 23. Global Addressable Market Cap in 2022-2031 by Propulsion Type, Value ($ mn) and Share (%) 54
Figure 24. Global Electric Vehicle Power Inverter Market by Propulsion Type: Battery Electric Vehicles (BEVs), 2021-2031, $ mn 55
Figure 25. Global Electric Vehicle Power Inverter Market by Propulsion Type: Hybrid Electric Vehicles (HEVs), 2021-2031, $ mn 56
Figure 26. Global Electric Vehicle Power Inverter Market by Propulsion Type: Plug-in Hybrid Electric Vehicle (PHEVs), 2021-2031, $ mn 57
Figure 27. Global Electric Vehicle Power Inverter Market by Propulsion Type: Fuel Cell Electric Vehicle (FCEVs), 2021-2031, $ mn 58
Figure 28. Breakdown of Global Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, % of Revenue 60
Figure 29. Global Addressable Market Cap in 2022-2031 by Vehicle Type, Value ($ mn) and Share (%) 60
Figure 30. Global Electric Vehicle Power Inverter Market by Vehicle Type: Passenger Cars, 2021-2031, $ mn 61
Figure 31. Global Electric Vehicle Power Inverter Market by Vehicle Type: Commercial Vehicles, 2021-2031, $ mn 62
Figure 32. Breakdown of Global Electric Vehicle Power Inverter Market by Distribution, 2021-2031, % of Revenue 64
Figure 33. Global Addressable Market Cap in 2022-2031 by Distribution, Value ($ mn) and Share (%) 64
Figure 34. Global Electric Vehicle Power Inverter Market by Distribution: Aftermarket, 2021-2031, $ mn 65
Figure 35. Global Electric Vehicle Power Inverter Market by Distribution: OEM, 2021-2031, $ mn 66
Figure 36. Global Market Snapshot by Region 67
Figure 37. Geographic Spread of Worldwide Electric Vehicle Power Inverter Market, 2021-2031, % of Sales Revenue 68
Figure 38. Global Addressable Market Cap in 2022-2031 by Region, Value ($ mn) and Share (%) 69
Figure 39. North American Electric Vehicle Power Inverter Market, 2021-2031, $ mn 72
Figure 40. Breakdown of North America Electric Vehicle Power Inverter Market by Country, 2021 and 2031, % of Revenue 73
Figure 41. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 74
Figure 42. U.S. Electric Vehicle Power Inverter Market, 2021-2031, $ mn 76
Figure 43. Canada Electric Vehicle Power Inverter Market, 2021-2031, $ mn 78
Figure 44. Electric Vehicle Power Inverter Market in Mexico, 2021-2031, $ mn 80
Figure 45. European Electric Vehicle Power Inverter Market, 2021-2031, $ mn 83
Figure 46. Breakdown of European Electric Vehicle Power Inverter Market by Country, 2021 and 2031, % of Revenue 84
Figure 47. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 85
Figure 48. Electric Vehicle Power Inverter Market in Germany, 2021-2031, $ mn 86
Figure 49. Electric Vehicle Power Inverter Market in U.K., 2021-2031, $ mn 88
Figure 50. Electric Vehicle Power Inverter Market in France, 2021-2031, $ mn 90
Figure 51. Electric Vehicle Power Inverter Market in Spain, 2021-2031, $ mn 92
Figure 52. Electric Vehicle Power Inverter Market in Italy, 2021-2031, $ mn 94
Figure 53. Electric Vehicle Power Inverter Market in Netherlands, 2021-2031, $ mn 96
Figure 54. Electric Vehicle Power Inverter Market in Rest of Europe, 2021-2031, $ mn 98
Figure 55. Asia-Pacific Electric Vehicle Power Inverter Market, 2021-2031, $ mn 101
Figure 56. Breakdown of APAC Electric Vehicle Power Inverter Market by Country, 2021 and 2031, % of Revenue 101
Figure 57. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 103
Figure 58. Electric Vehicle Power Inverter Market in Japan, 2021-2031, $ mn 105
Figure 59. Electric Vehicle Power Inverter Market in China, 2021-2031, $ mn 107
Figure 60. Electric Vehicle Power Inverter Market in Australia, 2021-2031, $ mn 109
Figure 61. Electric Vehicle Power Inverter Market in India, 2021-2031, $ mn 111
Figure 62. Electric Vehicle Power Inverter Market in South Korea, 2021-2031, $ mn 113
Figure 63. Electric Vehicle Power Inverter Market in Rest of APAC, 2021-2031, $ mn 115
Figure 64. South America Electric Vehicle Power Inverter Market, 2021-2031, $ mn 118
Figure 65. Breakdown of South America Electric Vehicle Power Inverter Market by Country, 2021 and 2031, % of Revenue 118
Figure 66. Contribution to South America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 119
Figure 67. Electric Vehicle Power Inverter Market in Argentina, 2021-2031, $ mn 120
Figure 68. Electric Vehicle Power Inverter Market in Brazil, 2021-2031, $ mn 122
Figure 69. Electric Vehicle Power Inverter Market in Chile, 2021-2031, $ mn 124
Figure 70. Electric Vehicle Power Inverter Market in Rest of South America, 2021-2031, $ mn 126
Figure 71. Electric Vehicle Power Inverter Market in Middle East and Africa (MEA), 2021-2031, $ mn 128
Figure 72. Breakdown of MEA Electric Vehicle Power Inverter Market by Country, 2021 and 2031, % of Revenue 128
Figure 73. Contribution to MEA 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 129
Figure 74. Electric Vehicle Power Inverter Market in UAE, 2021-2031, $ mn 130
Figure 75. Electric Vehicle Power Inverter Market in Saudi Arabia, 2021-2031, $ mn 132
Figure 76. Electric Vehicle Power Inverter Market in South Africa, 2021-2031, $ mn 134
Figure 77. Growth Stage of Global Electric Vehicle Power Inverter Industry over the Forecast Period 137

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Global Electric Vehicle Power Inverter Market 2021-2031

Global Electric Vehicle Power Inverter Market 2021-2031