Global Automotive Power Modules Market Research Report 2020
SKU ID : QYR-15076366 | Publishing Date : 13-Jan-2020 | No. of pages : 124
The automotive power module is classified into the IGBT Modules and SiC Modules according to the product type. As of 2018, IGBT Modules segment dominates the market contributing more than 90% of the total market share, reach to 29.80 million units, while SiC Modules power module 3.02 million units and will occupy more market share gradually. Automotive power module is major applied in Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Battery Electric Vehicles will dominate the market in the future.The automotive power module market is relative concentrated market; key players include Infineon, Mitsubishi Electric, Fuji Electric, ON Semiconductor, STMicroelectronics, Hitachi Power Semiconductor Device, Semikron, Danfoss, ROHM, BYD, Starpower Semiconductor; the revenue of top ten manufacturers accounts about 85% of the total revenue, in 2018. The high-end products mainly come from Japan and Europe.
Market Analysis and Insights: Global Automotive Power Modules Market
The global Automotive Power Modules market is valued at 1109.1 million US$ in 2020 is expected to reach 3188.4 million US$ by the end of 2026, growing at a CAGR of 16.1% during 2021-2026.
Global Automotive Power Modules Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
In 2018, IGBT Modules accounted for a major share of 90% in the global Automotive Power Modules market. And this product segment is poised to reach 2487 M USD by 2025 from 843 M USD in 2018.
Segment by Application
Battery Electric Vehicles (BEV)
Plug-in Hybrid Electric Vehicles (PHEV)
In Automotive Power Modules market, Battery Electric Vehicles (BEV) segment holds an important share in terms of application, and it is expected to reach a volume of 71516 (K Units) by 2025. It means that Automotive Power Modules will be promising in the Battery Electric Vehicles (BEV) field in the next couple of years.
Global Automotive Power Modules Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Automotive Power Modules market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Automotive Power Modules Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Infineon, Mitsubishi Electric, Fuji Electric, ON Semiconductor, STMicroelectronics, Hitachi Power Semiconductor Device, Semikron, Danfoss, ROHM, BYD, Starpower Semiconductor, etc.
Frequently Asked Questions
- By product type
- By End User/Applications
- By Technology
- By Region