Global Electric Vehicle Power Inverter Market 2017-2021

MarketResearchReports.Biz presents this most up-to-date research on “Global Electric Vehicle Power Inverter Market 2017-2021”


A power inverter or inverter is an electric device that converts DC (direct current) to AC (alternating current). It is an assembly of power devices and passive components. The power devices, also called IGBT (insulated-gate bipolar transistor) stack, are built with IGBTs and passive components. IGBTs are made from Si (silicon) material components. The passive components include capacitors, resistors, PCBs, and cooling systems. The power devices/IGBT stack, together with power connectors and sensors, create the power inverter module.

Technavios analysts forecast the global electric vehicle power inverter market to grow at a CAGR of 7.92% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global electric vehicle power inverter market for 2017-2021. To calculate the market size, the report considers the a bottom-up approach, which accounts for the total revenue of key vendors and total unit sales of major EVs in the market.

The market is divided into the following segments based on geography:


North America


Technavio’s report, Global Electric Vehicle Power Inverter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors



Hitachi Automotive

Toyota Industries

Other prominent vendors



Mitsubishi Electric

Metric mind

Fuji Electric


Market driver

Increased sales of (H)EVs in major global regions and addition to current portfolio of vehicle models by OEMs

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Market challenge

Functional safety requirements

For a full, detailed list, view our report

Market trend

In-wheel micro inverter system

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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