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Tuesday, February 22, 2022

Lucintel Forecasts Power Semiconductors in the Global EV Market to Grow at a CAGR of 22%-25% from 2022 to 2027

According to the recent study the power semiconductors in the global ev market is projected to grow at a CAGR of 22%-25% from 2022 to 2027. Growth in this market is primarily driven by the increasing adoption of electric vehicles, initiatives of governments to reduce environmental pollution and vehicle emission, and development of interest towards the usage of electric vehicles.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in power semiconductors in the global EV market by device type (SiC discrete, SiC power module, GaN discrete, GaN power module, IGBT module, IGBT discrete, SJ MOSFET, and LV MOSFET), application (on-board charger, DC-DC converter, inverters, and others), vehicle type (HEV, PHEV, and BEV), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/power-semiconductors-in-ev-market.aspx

“IGBT module market is expected to remain the largest segment during the forecast period.”

Based on device type, the power semiconductor in the global EV market is segmented into SiC discrete, SiC power module, GaN discrete, GaN power module, IGBT module, IGBT discrete, SJ MOSFET, and LV MOSFET. Lucintel forecasts that the IGBT module market is expected to remain the largest segment due to its lower cost than SiC power module.

“Within the power semiconductors in the global EV market, the inverter segment is expected to remain the largest application.”

Based on application, the inverter segment is expected to witness the largest segment during the forecast period due to the higher power level, leading to the increasing number of higher content of power semiconductors.

“Asia pacific will dominate the Power semiconductors in the global EV market in near future.”

Asia Pacific is expected to be the highest CAGR during the forecast period due to growing R&D activities, development in technologies in battery vehicles, and increasing production of electric vehicles in countries, such as India, China, Japan, and South Korea.

Download Brochure of this report by clicking on https://www.lucintel.com/power-semiconductors-in-ev-market.aspx

Major players of power semiconductors in the global EV market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market.  Infineon Technologies, Texas Instrument, STMicroelectronics, NXP semiconductors, ON Semiconductor, Mitsubishi Electric, Robert Bosch, Hitachi Automotive Systems, Denso, and others are among the major power semiconductors in the global EV providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/power-semiconductors-in-ev-market.aspx  or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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