Global Automotive On Board AC-DC Power Inverters Market, By Type (Less than 100 W, 100 W to 150 W, More than 150 W), Vehicle Type (Passenger Car, Automotive On Board AC-DC Power Inverters for Compact, Automotive On Board AC-DC Power Inverters For Mid-Size, Automotive On Board AC-DC Power Inverters For Luxury, Automotive On Board AC-DC Power Inverters For SUV, Commercial Vehicle, Automotive On Board AC-DC Power Inverters For LCV, Automotive On Board AC-DC Power Inverters For HCV), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Automotive On Board AC-DC Power Inverters Market
Automotive on board AC-DC power inverters market will grow at a CAGR of 2.30% in the forecast period of 2021 to 2028. Rise in the rapid electrification in automotive vehicle is an essential factor driving the automotive on board AC-DC power inverters market.
Automotive on board AC-DC power inverters are defined as an electronic devices which are used to convert battery’s DC power supply into alternating current (AC) to operate electronic devices such as mobile phone charger, infotainment system and others. Automotive on board AC-DC power inverters also helps in allowing power electrical equipment away from normal main power for safety concern.
Increase in a number of travelling which required electronic devices such as infotainment system acts as a crucial factor accelerating the market growth, also rise in the number of electronic devices or technologies such as drive-by-wire, GPS, collision sensor, rise in the adoption of handheld devices inside an automobile and rise in the prevalence of handheld devices among drivers are the major factors among others boosting the automotive on board AC-DC power inverters market. Moreover, increase in the technological advancements and modernization in the production techniques, rise in the research and development activities and rise in the demand from the emerging economies will further create new opportunities for automotive on board AC-DC power inverters market in the forecast period mentioned above.
However, reduced safety due to heavy currents flowing through terminals and wired connections acts as the major factors among others restraining the market growth, and will further challenge the automotive on board AC-DC power inverters market in the forecast period mentioned above.
This automotive on board AC-DC power inverters market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive on board AC-DC power inverters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive On Board AC-DC Power Inverters Market Scope and Market Size
Automotive on board AC-DC power inverters market is segmented on the basis of type and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, automotive on board AC-DC power inverters market is segmented into less than 100 W, 100 W to 150 W and more than 150 W.
The automotive on board AC-DC power inverters market is also segmented on the basis of vehicle type into passenger car, automotive on board ac-dc power inverters for compact, automotive on board ac-dc power inverters for mid-size, automotive on board ac-dc power inverters for luxury, automotive on board ac-dc power inverters for suv, commercial vehicle, automotive on board ac-dc power inverters for lcv and automotive on board ac-dc power inverters for hcv.
Automotive On Board AC-DC Power Inverters Market Scope Country Level Analysis
Automotive on board AC-DC power inverters market is analysed and market size, volume information is provided by country, type and vehicle type as referenced above.
The countries covered in the automotive on board AC-DC power inverters market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the automotive on board AC-DC power inverters market due to rise in the number of electronic devices or technologies such as drive-by-wire, GPS, collision sensor and rise in the adoption of handheld devices inside an automobile in this region. Asia-Pacific is the expected region in terms of growth in automotive on board AC-DC power inverters market due to rise in the number of rental cab services which uses GPS, telematics system and increase in the production of passenger cars in this region.
The country section of the automotive on board AC-DC power inverters market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive On Board AC-DC Power Inverters Market Share Analysis
Automotive on board AC-DC power inverters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive on board AC-DC power inverters market.
The major players covered in automotive on board AC-DC power inverters market report are Eaton, Calsonic Kansei, Sensata Technologies, Inc, Koninklijke Philips N.V., TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION, Continental AG, Lear, Delta Electronics, Inc, SamlexAmerica and Stanley Black & Decker, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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