List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16
Figure 4. Asia Pacific Electric Vehicle Power Inverter Market, 2021-2031, $ mn 19
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Electric Vehicle Power Inverter Market 26
Figure 7. World Electric Vehicle Market, 2019-2030, $ bn 29
Figure 8. Share of GHG Emissions Covered by Countries That Have Adopted or Announced Net Zero Emission Targets 29
Figure 9. Cumulative Carbon Dioxide Emissions by Country, 1850-2021 30
Figure 10. Primary Restraints and Impact Factors of Asia Pacific Electric Vehicle Power Inverter Market 31
Figure 11. Investment Opportunity Analysis 35
Figure 12. Porter’s Fiver Forces Analysis of Asia Pacific Electric Vehicle Power Inverter Market 38
Figure 13. Breakdown of Asia Pacific Electric Vehicle Power Inverter Market by Inverter Type, 2021-2031, % of Revenue 43
Figure 14. Asia Pacific Addressable Market Cap in 2022-2031 by Inverter Type, Value ($ mn) and Share (%) 43
Figure 15. Asia Pacific Electric Vehicle Power Inverter Market by Inverter Type: Traction Inverter, 2021-2031, $ mn 44
Figure 16. Asia Pacific Electric Vehicle Power Inverter Market by Inverter Type: Soft-switching Inverter, 2021-2031, $ mn 45
Figure 17. Breakdown of Asia Pacific Electric Vehicle Power Inverter Market by Integration Level, 2021-2031, % of Sales Revenue 47
Figure 18. Asia Pacific Addressable Market Cap in 2022-2031 by Integration Level, Value ($ mn) and Share (%) 47
Figure 19. Asia Pacific Electric Vehicle Power Inverter Market by Integration Level: Integrated Inverter System, 2021-2031, $ mn 48
Figure 20. Asia Pacific Electric Vehicle Power Inverter Market by Integration Level: Mechatronic Integration System, 2021-2031, $ mn 49
Figure 21. Asia Pacific Electric Vehicle Power Inverter Market by Integration Level: Separate Inverter System, 2021-2031, $ mn 50
Figure 22. Breakdown of Asia Pacific Electric Vehicle Power Inverter Market by Propulsion Type, 2021-2031, % of Sales Revenue 52
Figure 23. Asia Pacific Addressable Market Cap in 2022-2031 by Propulsion Type, Value ($ mn) and Share (%) 52
Figure 24. Asia Pacific Electric Vehicle Power Inverter Market by Propulsion Type: Battery Electric Vehicles (BEVs), 2021-2031, $ mn 53
Figure 25. Asia Pacific Electric Vehicle Power Inverter Market by Propulsion Type: Hybrid Electric Vehicles (HEVs), 2021-2031, $ mn 54
Figure 26. Asia Pacific Electric Vehicle Power Inverter Market by Propulsion Type: Plug-in Hybrid Electric Vehicle (PHEVs), 2021-2031, $ mn 55
Figure 27. Asia Pacific Electric Vehicle Power Inverter Market by Propulsion Type: Fuel Cell Electric Vehicle (FCEVs), 2021-2031, $ mn 56
Figure 28. Breakdown of Asia Pacific Electric Vehicle Power Inverter Market by Vehicle Type, 2021-2031, % of Revenue 58
Figure 29. Asia Pacific Addressable Market Cap in 2022-2031 by Vehicle Type, Value ($ mn) and Share (%) 58
Figure 30. Asia Pacific Electric Vehicle Power Inverter Market by Vehicle Type: Passenger Cars, 2021-2031, $ mn 59
Figure 31. Asia Pacific Electric Vehicle Power Inverter Market by Vehicle Type: Commercial Vehicles, 2021-2031, $ mn 60
Figure 32. Breakdown of Asia Pacific Electric Vehicle Power Inverter Market by Distribution, 2021-2031, % of Revenue 62
Figure 33. Asia Pacific Addressable Market Cap in 2022-2031 by Distribution, Value ($ mn) and Share (%) 62
Figure 34. Asia Pacific Electric Vehicle Power Inverter Market by Distribution: Aftermarket, 2021-2031, $ mn 63
Figure 35. Asia Pacific Electric Vehicle Power Inverter Market by Distribution: OEM, 2021-2031, $ mn 64
Figure 36. Breakdown of APAC Electric Vehicle Power Inverter Market by Country, 2021 and 2031, % of Revenue 66
Figure 37. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 67
Figure 38. Electric Vehicle Power Inverter Market in Japan, 2021-2031, $ mn 69
Figure 39. Electric Vehicle Power Inverter Market in China, 2021-2031, $ mn 71
Figure 40. Electric Vehicle Power Inverter Market in Australia, 2021-2031, $ mn 73
Figure 41. Electric Vehicle Power Inverter Market in India, 2021-2031, $ mn 76
Figure 42. Electric Vehicle Power Inverter Market in South Korea, 2021-2031, $ mn 78
Figure 43. Electric Vehicle Power Inverter Market in Rest of APAC, 2021-2031, $ mn 80
Figure 44. Growth Stage of Asia Pacific Electric Vehicle Power Inverter Industry over the Forecast Period 82
Asia Pacific electric vehicle power inverter market will grow by 13.6% annually with a total addressable market cap of $173,893 million over 2022-2031, 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 29 tables and 44 figures, this 112-page report “Asia Pacific 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 Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific 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 Asia Pacific 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 Asia Pacific electric vehicle power inverter market in every aspect of the classification from perspectives of Inverter Type, Integration Level, Propulsion Type, Vehicle Type, Distribution, and Country. Based on Inverter Type, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section. • Aftermarket • OEM Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets 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.)
Read More