The global market for Traction Inverters for Electric Vehicles was estimated to be worth US$ 3870 million in 2023 and is forecast to a readjusted size of US$ 16520 million by 2030 with a CAGR of 22.5% during the forecast period 2024-2030

Traction Inverters for Electric Vehicles - Market

Electric Vehicles (EVs) and Hybrid Electric Vehicles (HEVs) require a traction inverter to convert dc energy from the high-voltage battery or dc link bus to the three-phase ac energy used to drive the traction motor. Traction inverters are typically capable of transferring power in the 20 to 200 kW range, with switching voltages in the 200 V to 800 V range and currents in the hundreds of amperes.

Traction inverters convert dc power from an on-board high voltage (HV) battery into ac power to drive the main motor or motors of an electric vehicle. In addition, traction inverters perform functions such as voltage boosting, switch protection and regenerative braking.

An automotive traction inverter is a critical component in an electric or hybrid electric vehicle (EV/HEV) powertrain system. It's responsible for converting the direct current (DC) power from the vehicle's battery into alternating current (AC) power for driving the electric motor(s) that propel the vehicle.

Here are some key aspects and functions of automotive traction inverters:

Power Conversion:

The primary function of a traction inverter is to convert the DC power from the battery into AC power that is suitable for driving the electric motor.

Voltage and Current Control:

Traction inverters regulate the voltage and current supplied to the electric motor to control the speed and torque, enabling efficient and smooth operation of the vehicle.

Inverter Topology:

Traction inverters typically use power electronics and various inverter topologies (e.g., three-phase voltage source inverters) to achieve the desired AC output.

Efficiency and Thermal Management:

Efficiency is crucial to minimize power losses during the conversion process. Efficient traction inverters also require effective thermal management systems to dissipate the heat generated during operation.

Regenerative Braking:

Traction inverters play a crucial role in enabling regenerative braking, where the electric motor acts as a generator during deceleration, converting kinetic energy back into electrical energy to recharge the battery.

Control and Communication:

Traction inverters are controlled by sophisticated control systems that manage the power flow and interact with the vehicle's overall control unit. Communication protocols like CAN (Controller Area Network) are used for effective communication with other vehicle systems.

Safety Features:

Automotive traction inverters are designed with safety features to ensure proper functioning and prevent damage or malfunctions that could endanger the vehicle or occupants.

Integration with Vehicle Systems:

Traction inverters need to seamlessly integrate with other vehicle systems such as the battery management system, motor control unit, and overall vehicle control unit to optimize performance and efficiency.

Design and Packaging:

Traction inverters need to be compact, lightweight, and robustly designed to fit within the limited space available in a vehicle and withstand the demands of automotive environments.

Compliance and Standards:

Automotive traction inverters must comply with industry standards and regulations to ensure their safety, performance, and interoperability within the automotive ecosystem.

The automotive traction inverter market has been rapidly evolving due to the global transition towards electric and hybrid vehicles. The market for traction inverters has been experiencing substantial growth driven by factors such as government regulations promoting electric vehicles (EVs), advancements in electric powertrain technologies, and increasing consumer awareness of environmental issues and the benefits of electric mobility.

Overall, the design and efficiency of the traction inverter significantly impact the performance and range of electric and hybrid vehicles, making them a critical component in modern automotive powertrains.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Traction Inverters for Electric Vehicles, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Traction Inverters for Electric Vehicles by region & country, by Type, and by Application.

The Traction Inverters for Electric Vehicles market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Traction Inverters for Electric Vehicles.

Market Segmentation

Scope of Traction Inverters for Electric Vehicles - Market Report

Report Metric	Details
Report Name	Traction Inverters for Electric Vehicles - Market
Forecasted market size in 2030	US$ 16520 million
CAGR	22.5%
Forecasted years	2024 - 2030
Segment by Type:	Below 50 kW 50-100 kW Above 100 KW
Segment by Application	Battery Electric Vehicles (BEVs) Plug-in Hybrid Electric Vehicles (PHEVs) Hybrid Electric Vehicles (HEVs)
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Toyota Industries, Bosch, Valeo, Mitsubishi Electric, Denso, Vitesco Technologies, Hitachi Astemo, Hyundai Mobis, Suzhou Inovance Automotive, Marelli, Zhongshan Broad-Ocean
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Traction Inverters for Electric Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Traction Inverters for Electric Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Traction Inverters for Electric Vehicles in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

FAQ for this report

What is the Traction Inverters for Electric Vehicles - Market size in 2030?

Ans: The Traction Inverters for Electric Vehicles - Market size in 2030 will be US$ 16520 million.

Who are the main players in the Traction Inverters for Electric Vehicles - Market report?

Ans: The main players in the Traction Inverters for Electric Vehicles - Market are Toyota Industries, Bosch, Valeo, Mitsubishi Electric, Denso, Vitesco Technologies, Hitachi Astemo, Hyundai Mobis, Suzhou Inovance Automotive, Marelli, Zhongshan Broad-Ocean

What are the Application segmentation covered in the Traction Inverters for Electric Vehicles - Market report?

Ans: The Applications covered in the Traction Inverters for Electric Vehicles - Market report are Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Hybrid Electric Vehicles (HEVs)

What are the Type segmentation covered in the Traction Inverters for Electric Vehicles - Market report?

Ans: The Types covered in the Traction Inverters for Electric Vehicles - Market report are Below 50 kW, 50-100 kW, Above 100 KW

1 Market Overview

1.1 Traction Inverters for Electric Vehicles Product Introduction

1.2 Global Traction Inverters for Electric Vehicles Market Size Forecast

1.2.1 Global Traction Inverters for Electric Vehicles Sales Value (2019-2030)

1.2.2 Global Traction Inverters for Electric Vehicles Sales Volume (2019-2030)

1.2.3 Global Traction Inverters for Electric Vehicles Sales Price (2019-2030)

1.3 Traction Inverters for Electric Vehicles Market Trends & Drivers

1.3.1 Traction Inverters for Electric Vehicles Industry Trends

1.3.2 Traction Inverters for Electric Vehicles Market Drivers & Opportunity

1.3.3 Traction Inverters for Electric Vehicles Market Challenges

1.3.4 Traction Inverters for Electric Vehicles Market Restraints

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Competitive Analysis by Company

2.1 Global Traction Inverters for Electric Vehicles Players Revenue Ranking (2023)

2.2 Global Traction Inverters for Electric Vehicles Revenue by Company (2019-2024)

2.3 Global Traction Inverters for Electric Vehicles Players Sales Volume Ranking (2023)

2.4 Global Traction Inverters for Electric Vehicles Sales Volume by Company Players (2019-2024)

2.5 Global Traction Inverters for Electric Vehicles Average Price by Company (2019-2024)

2.6 Key Manufacturers Traction Inverters for Electric Vehicles Manufacturing Base Distribution and Headquarters

2.7 Key Manufacturers Traction Inverters for Electric Vehicles Product Offered

2.8 Key Manufacturers Time to Begin Mass Production of Traction Inverters for Electric Vehicles

2.9 Traction Inverters for Electric Vehicles Market Competitive Analysis

2.9.1 Traction Inverters for Electric Vehicles Market Concentration Rate (2019-2024)

2.9.2 Global 5 and 10 Largest Manufacturers by Traction Inverters for Electric Vehicles Revenue in 2023

2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Traction Inverters for Electric Vehicles as of 2023)

2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

3.1 Introduction by Type

3.1.1 Below 50 kW

3.1.2 50-100 kW

3.1.3 Above 100 KW

3.2 Global Traction Inverters for Electric Vehicles Sales Value by Type

3.2.1 Global Traction Inverters for Electric Vehicles Sales Value by Type (2019 VS 2023 VS 2030)

3.2.2 Global Traction Inverters for Electric Vehicles Sales Value, by Type (2019-2030)

3.2.3 Global Traction Inverters for Electric Vehicles Sales Value, by Type (%) (2019-2030)

3.3 Global Traction Inverters for Electric Vehicles Sales Volume by Type

3.3.1 Global Traction Inverters for Electric Vehicles Sales Volume by Type (2019 VS 2023 VS 2030)

3.3.2 Global Traction Inverters for Electric Vehicles Sales Volume, by Type (2019-2030)

3.3.3 Global Traction Inverters for Electric Vehicles Sales Volume, by Type (%) (2019-2030)

3.4 Global Traction Inverters for Electric Vehicles Average Price by Type (2019-2030)

4 Segmentation by Application

4.1 Introduction by Application

4.1.1 Battery Electric Vehicles (BEVs)

4.1.2 Plug-in Hybrid Electric Vehicles (PHEVs)

4.1.3 Hybrid Electric Vehicles (HEVs)

4.2 Global Traction Inverters for Electric Vehicles Sales Value by Application

4.2.1 Global Traction Inverters for Electric Vehicles Sales Value by Application (2019 VS 2023 VS 2030)

4.2.2 Global Traction Inverters for Electric Vehicles Sales Value, by Application (2019-2030)

4.2.3 Global Traction Inverters for Electric Vehicles Sales Value, by Application (%) (2019-2030)

4.3 Global Traction Inverters for Electric Vehicles Sales Volume by Application

4.3.1 Global Traction Inverters for Electric Vehicles Sales Volume by Application (2019 VS 2023 VS 2030)

4.3.2 Global Traction Inverters for Electric Vehicles Sales Volume, by Application (2019-2030)

4.3.3 Global Traction Inverters for Electric Vehicles Sales Volume, by Application (%) (2019-2030)

4.4 Global Traction Inverters for Electric Vehicles Average Price by Application (2019-2030)

5 Segmentation by Region

5.1 Global Traction Inverters for Electric Vehicles Sales Value by Region

5.1.1 Global Traction Inverters for Electric Vehicles Sales Value by Region: 2019 VS 2023 VS 2030

5.1.2 Global Traction Inverters for Electric Vehicles Sales Value by Region (2019-2024)

5.1.3 Global Traction Inverters for Electric Vehicles Sales Value by Region (2025-2030)

5.1.4 Global Traction Inverters for Electric Vehicles Sales Value by Region (%), (2019-2030)

5.2 Global Traction Inverters for Electric Vehicles Sales Volume by Region

5.2.1 Global Traction Inverters for Electric Vehicles Sales Volume by Region: 2019 VS 2023 VS 2030

5.2.2 Global Traction Inverters for Electric Vehicles Sales Volume by Region (2019-2024)

5.2.3 Global Traction Inverters for Electric Vehicles Sales Volume by Region (2025-2030)

5.2.4 Global Traction Inverters for Electric Vehicles Sales Volume by Region (%), (2019-2030)

5.3 Global Traction Inverters for Electric Vehicles Average Price by Region (2019-2030)

5.4 North America

5.4.1 North America Traction Inverters for Electric Vehicles Sales Value, 2019-2030

5.4.2 North America Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

5.5 Europe

5.5.1 Europe Traction Inverters for Electric Vehicles Sales Value, 2019-2030

5.5.2 Europe Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

5.6 Asia Pacific

5.6.1 Asia Pacific Traction Inverters for Electric Vehicles Sales Value, 2019-2030

5.6.2 Asia Pacific Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

5.7 South America

5.7.1 South America Traction Inverters for Electric Vehicles Sales Value, 2019-2030

5.7.2 South America Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

5.8 Middle East & Africa

5.8.1 Middle East & Africa Traction Inverters for Electric Vehicles Sales Value, 2019-2030

5.8.2 Middle East & Africa Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

6 Segmentation by Key Countries/Regions

6.1 Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value Growth Trends, 2019 VS 2023 VS 2030

6.2 Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value

6.2.1 Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.2.2 Key Countries/Regions Traction Inverters for Electric Vehicles Sales Volume, 2019-2030

6.3 United States

6.3.1 United States Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.3.2 United States Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.3.3 United States Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

6.4 Europe

6.4.1 Europe Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.4.2 Europe Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.4.3 Europe Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

6.5 China

6.5.1 China Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.5.2 China Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.5.3 China Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

6.6 Japan

6.6.1 Japan Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.6.2 Japan Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.6.3 Japan Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

6.7 South Korea

6.7.1 South Korea Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.7.2 South Korea Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.7.3 South Korea Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

6.8 Southeast Asia

6.8.1 Southeast Asia Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.8.2 Southeast Asia Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.8.3 Southeast Asia Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

6.9 India

6.9.1 India Traction Inverters for Electric Vehicles Sales Value, 2019-2030

6.9.2 India Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

6.9.3 India Traction Inverters for Electric Vehicles Sales Value by Application, 2023 VS 2030

7 Company Profiles

7.1 Toyota Industries

7.1.1 Toyota Industries Company Information

7.1.2 Toyota Industries Introduction and Business Overview

7.1.3 Toyota Industries Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.1.4 Toyota Industries Traction Inverters for Electric Vehicles Product Offerings

7.1.5 Toyota Industries Recent Development

7.2 Bosch

7.2.1 Bosch Company Information

7.2.2 Bosch Introduction and Business Overview

7.2.3 Bosch Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.2.4 Bosch Traction Inverters for Electric Vehicles Product Offerings

7.2.5 Bosch Recent Development

7.3 Valeo

7.3.1 Valeo Company Information

7.3.2 Valeo Introduction and Business Overview

7.3.3 Valeo Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.3.4 Valeo Traction Inverters for Electric Vehicles Product Offerings

7.3.5 Valeo Recent Development

7.4 Mitsubishi Electric

7.4.1 Mitsubishi Electric Company Information

7.4.2 Mitsubishi Electric Introduction and Business Overview

7.4.3 Mitsubishi Electric Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.4.4 Mitsubishi Electric Traction Inverters for Electric Vehicles Product Offerings

7.4.5 Mitsubishi Electric Recent Development

7.5 Denso

7.5.1 Denso Company Information

7.5.2 Denso Introduction and Business Overview

7.5.3 Denso Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.5.4 Denso Traction Inverters for Electric Vehicles Product Offerings

7.5.5 Denso Recent Development

7.6 Vitesco Technologies

7.6.1 Vitesco Technologies Company Information

7.6.2 Vitesco Technologies Introduction and Business Overview

7.6.3 Vitesco Technologies Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.6.4 Vitesco Technologies Traction Inverters for Electric Vehicles Product Offerings

7.6.5 Vitesco Technologies Recent Development

7.7 Hitachi Astemo

7.7.1 Hitachi Astemo Company Information

7.7.2 Hitachi Astemo Introduction and Business Overview

7.7.3 Hitachi Astemo Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.7.4 Hitachi Astemo Traction Inverters for Electric Vehicles Product Offerings

7.7.5 Hitachi Astemo Recent Development

7.8 Hyundai Mobis

7.8.1 Hyundai Mobis Company Information

7.8.2 Hyundai Mobis Introduction and Business Overview

7.8.3 Hyundai Mobis Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.8.4 Hyundai Mobis Traction Inverters for Electric Vehicles Product Offerings

7.8.5 Hyundai Mobis Recent Development

7.9 Suzhou Inovance Automotive

7.9.1 Suzhou Inovance Automotive Company Information

7.9.2 Suzhou Inovance Automotive Introduction and Business Overview

7.9.3 Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.9.4 Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Product Offerings

7.9.5 Suzhou Inovance Automotive Recent Development

7.10 Marelli

7.10.1 Marelli Company Information

7.10.2 Marelli Introduction and Business Overview

7.10.3 Marelli Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.10.4 Marelli Traction Inverters for Electric Vehicles Product Offerings

7.10.5 Marelli Recent Development

7.11 Zhongshan Broad-Ocean

7.11.1 Zhongshan Broad-Ocean Company Information

7.11.2 Zhongshan Broad-Ocean Introduction and Business Overview

7.11.3 Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Sales, Revenue and Gross Margin (2019-2024)

7.11.4 Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Product Offerings

7.11.5 Zhongshan Broad-Ocean Recent Development

8 Industry Chain Analysis

8.1 Traction Inverters for Electric Vehicles Industrial Chain

8.2 Traction Inverters for Electric Vehicles Upstream Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.2.3 Manufacturing Cost Structure

8.3 Midstream Analysis

8.4 Downstream Analysis (Customers Analysis)

8.5 Sales Model and Sales Channels

8.5.1 Traction Inverters for Electric Vehicles Sales Model

8.5.2 Sales Channel

8.5.3 Traction Inverters for Electric Vehicles Distributors

9 Research Findings and Conclusion

10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.2 Data Source

10.2 Author Details

10.3 Disclaimer

FEATURED COMPANIES

Suzhou Inovance Automotive

Marelli

Zhongshan Broad-Ocean

List of Tables

Table 1. Traction Inverters for Electric Vehicles Market Trends

Table 2. Traction Inverters for Electric Vehicles Market Drivers & Opportunity

Table 3. Traction Inverters for Electric Vehicles Market Challenges

Table 4. Traction Inverters for Electric Vehicles Market Restraints

Table 5. Global Traction Inverters for Electric Vehicles Revenue by Company (2019-2024) & (US$ Million)

Table 6. Global Traction Inverters for Electric Vehicles Revenue Market Share by Company (2019-2024)

Table 7. Global Traction Inverters for Electric Vehicles Sales Volume by Company (2019-2024) & (K Units)

Table 8. Global Traction Inverters for Electric Vehicles Sales Volume Market Share by Company (2019-2024)

Table 9. Global Market Traction Inverters for Electric Vehicles Price by Company (2019-2024) & (USD/Unit)

Table 10. Key Manufacturers Traction Inverters for Electric Vehicles Manufacturing Base Distribution and Headquarters

Table 11. Key Manufacturers Traction Inverters for Electric Vehicles Product Type

Table 12. Key Manufacturers Time to Begin Mass Production of Traction Inverters for Electric Vehicles

Table 13. Global Traction Inverters for Electric Vehicles Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Traction Inverters for Electric Vehicles as of 2023)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Traction Inverters for Electric Vehicles Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)

Table 17. Global Traction Inverters for Electric Vehicles Sales Value by Type (2019-2024) & (US$ Million)

Table 18. Global Traction Inverters for Electric Vehicles Sales Value by Type (2025-2030) & (US$ Million)

Table 19. Global Traction Inverters for Electric Vehicles Sales Market Share in Value by Type (2019-2024) & (%)

Table 20. Global Traction Inverters for Electric Vehicles Sales Market Share in Value by Type (2025-2030) & (%)

Table 21. Global Traction Inverters for Electric Vehicles Sales Volume by Type: 2019 VS 2023 VS 2030 (K Units)

Table 22. Global Traction Inverters for Electric Vehicles Sales Volume by Type (2019-2024) & (K Units)

Table 23. Global Traction Inverters for Electric Vehicles Sales Volume by Type (2025-2030) & (K Units)

Table 24. Global Traction Inverters for Electric Vehicles Sales Market Share in Volume by Type (2019-2024) & (%)

Table 25. Global Traction Inverters for Electric Vehicles Sales Market Share in Volume by Type (2025-2030) & (%)

Table 26. Global Traction Inverters for Electric Vehicles Price by Type (2019-2024) & (USD/Unit)

Table 27. Global Traction Inverters for Electric Vehicles Price by Type (2025-2030) & (USD/Unit)

Table 28. Global Traction Inverters for Electric Vehicles Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)

Table 29. Global Traction Inverters for Electric Vehicles Sales Value by Application (2019-2024) & (US$ Million)

Table 30. Global Traction Inverters for Electric Vehicles Sales Value by Application (2025-2030) & (US$ Million)

Table 31. Global Traction Inverters for Electric Vehicles Sales Market Share in Value by Application (2019-2024) & (%)

Table 32. Global Traction Inverters for Electric Vehicles Sales Market Share in Value by Application (2025-2030) & (%)

Table 33. Global Traction Inverters for Electric Vehicles Sales Volume by Application: 2019 VS 2023 VS 2030 (K Units)

Table 34. Global Traction Inverters for Electric Vehicles Sales Volume by Application (2019-2024) & (K Units)

Table 35. Global Traction Inverters for Electric Vehicles Sales Volume by Application (2025-2030) & (K Units)

Table 36. Global Traction Inverters for Electric Vehicles Sales Market Share in Volume by Application (2019-2024) & (%)

Table 37. Global Traction Inverters for Electric Vehicles Sales Market Share in Volume by Application (2025-2030) & (%)

Table 38. Global Traction Inverters for Electric Vehicles Price by Application (2019-2024) & (USD/Unit)

Table 39. Global Traction Inverters for Electric Vehicles Price by Application (2025-2030) & (USD/Unit)

Table 40. Global Traction Inverters for Electric Vehicles Sales Value by Region: 2019 VS 2023 VS 2030 (US$ Million)

Table 41. Global Traction Inverters for Electric Vehicles Sales Value by Region (2019-2024) & (US$ Million)

Table 42. Global Traction Inverters for Electric Vehicles Sales Value by Region (2025-2030) & (US$ Million)

Table 43. Global Traction Inverters for Electric Vehicles Sales Value by Region (2019-2024) & (%)

Table 44. Global Traction Inverters for Electric Vehicles Sales Value by Region (2025-2030) & (%)

Table 45. Global Traction Inverters for Electric Vehicles Sales Volume by Region (K Units): 2019 VS 2023 VS 2030

Table 46. Global Traction Inverters for Electric Vehicles Sales Volume by Region (2019-2024) & (K Units)

Table 47. Global Traction Inverters for Electric Vehicles Sales Volume by Region (2025-2030) & (K Units)

Table 48. Global Traction Inverters for Electric Vehicles Sales Volume by Region (2019-2024) & (%)

Table 49. Global Traction Inverters for Electric Vehicles Sales Volume by Region (2025-2030) & (%)

Table 50. Global Traction Inverters for Electric Vehicles Average Price by Region (2019-2024) & (USD/Unit)

Table 51. Global Traction Inverters for Electric Vehicles Average Price by Region (2025-2030) & (USD/Unit)

Table 52. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030

Table 53. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value, (2019-2024) & (US$ Million)

Table 54. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value, (2025-2030) & (US$ Million)

Table 55. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Volume, (2019-2024) & (K Units)

Table 56. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Volume, (2025-2030) & (K Units)

Table 57. Toyota Industries Company Information

Table 58. Toyota Industries Introduction and Business Overview

Table 59. Toyota Industries Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 60. Toyota Industries Traction Inverters for Electric Vehicles Product Offerings

Table 61. Toyota Industries Recent Development

Table 62. Bosch Company Information

Table 63. Bosch Introduction and Business Overview

Table 64. Bosch Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 65. Bosch Traction Inverters for Electric Vehicles Product Offerings

Table 66. Bosch Recent Development

Table 67. Valeo Company Information

Table 68. Valeo Introduction and Business Overview

Table 69. Valeo Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 70. Valeo Traction Inverters for Electric Vehicles Product Offerings

Table 71. Valeo Recent Development

Table 72. Mitsubishi Electric Company Information

Table 73. Mitsubishi Electric Introduction and Business Overview

Table 74. Mitsubishi Electric Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 75. Mitsubishi Electric Traction Inverters for Electric Vehicles Product Offerings

Table 76. Mitsubishi Electric Recent Development

Table 77. Denso Company Information

Table 78. Denso Introduction and Business Overview

Table 79. Denso Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 80. Denso Traction Inverters for Electric Vehicles Product Offerings

Table 81. Denso Recent Development

Table 82. Vitesco Technologies Company Information

Table 83. Vitesco Technologies Introduction and Business Overview

Table 84. Vitesco Technologies Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 85. Vitesco Technologies Traction Inverters for Electric Vehicles Product Offerings

Table 86. Vitesco Technologies Recent Development

Table 87. Hitachi Astemo Company Information

Table 88. Hitachi Astemo Introduction and Business Overview

Table 89. Hitachi Astemo Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 90. Hitachi Astemo Traction Inverters for Electric Vehicles Product Offerings

Table 91. Hitachi Astemo Recent Development

Table 92. Hyundai Mobis Company Information

Table 93. Hyundai Mobis Introduction and Business Overview

Table 94. Hyundai Mobis Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 95. Hyundai Mobis Traction Inverters for Electric Vehicles Product Offerings

Table 96. Hyundai Mobis Recent Development

Table 97. Suzhou Inovance Automotive Company Information

Table 98. Suzhou Inovance Automotive Introduction and Business Overview

Table 99. Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 100. Suzhou Inovance Automotive Traction Inverters for Electric Vehicles Product Offerings

Table 101. Suzhou Inovance Automotive Recent Development

Table 102. Marelli Company Information

Table 103. Marelli Introduction and Business Overview

Table 104. Marelli Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 105. Marelli Traction Inverters for Electric Vehicles Product Offerings

Table 106. Marelli Recent Development

Table 107. Zhongshan Broad-Ocean Company Information

Table 108. Zhongshan Broad-Ocean Introduction and Business Overview

Table 109. Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)

Table 110. Zhongshan Broad-Ocean Traction Inverters for Electric Vehicles Product Offerings

Table 111. Zhongshan Broad-Ocean Recent Development

Table 112. Key Raw Materials Lists

Table 113. Raw Materials Key Suppliers Lists

Table 114. Traction Inverters for Electric Vehicles Downstream Customers

Table 115. Traction Inverters for Electric Vehicles Distributors List

Table 116. Research Programs/Design for This Report

Table 117. Key Data Information from Secondary Sources

Table 118. Key Data Information from Primary Sources

List of Figures

Figure 1. Traction Inverters for Electric Vehicles Product Picture

Figure 2. Global Traction Inverters for Electric Vehicles Sales Value, 2019 VS 2023 VS 2030 (US$ Million)

Figure 3. Global Traction Inverters for Electric Vehicles Sales Value (2019-2030) & (US$ Million)

Figure 4. Global Traction Inverters for Electric Vehicles Sales Volume (2019-2030) & (K Units)

Figure 5. Global Traction Inverters for Electric Vehicles Sales Price (2019-2030) & (USD/Unit)

Figure 6. Traction Inverters for Electric Vehicles Report Years Considered

Figure 7. Global Traction Inverters for Electric Vehicles Players Revenue Ranking (2023) & (US$ Million)

Figure 8. Global Traction Inverters for Electric Vehicles Players Sales Volume Ranking (2023) & (K Units)

Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Traction Inverters for Electric Vehicles Revenue in 2023

Figure 10. Traction Inverters for Electric Vehicles Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023

Figure 11. Below 50 kW Picture

Figure 12. 50-100 kW Picture

Figure 13. Above 100 KW Picture

Figure 14. Global Traction Inverters for Electric Vehicles Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)

Figure 15. Global Traction Inverters for Electric Vehicles Sales Value Market Share by Type, 2023 & 2030

Figure 16. Global Traction Inverters for Electric Vehicles Sales Volume by Type (2019 VS 2023 VS 2030) & (K Units)

Figure 17. Global Traction Inverters for Electric Vehicles Sales Volume Market Share by Type, 2023 & 2030

Figure 18. Global Traction Inverters for Electric Vehicles Price by Type (2019-2030) & (USD/Unit)

Figure 19. Product Picture of Battery Electric Vehicles (BEVs)

Figure 20. Product Picture of Plug-in Hybrid Electric Vehicles (PHEVs)

Figure 21. Product Picture of Hybrid Electric Vehicles (HEVs)

Figure 22. Global Traction Inverters for Electric Vehicles Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)

Figure 23. Global Traction Inverters for Electric Vehicles Sales Value Market Share by Application, 2023 & 2030

Figure 24. Global Traction Inverters for Electric Vehicles Sales Volume by Application (2019 VS 2023 VS 2030) & (K Units)

Figure 25. Global Traction Inverters for Electric Vehicles Sales Volume Market Share by Application, 2023 & 2030

Figure 26. Global Traction Inverters for Electric Vehicles Price by Application (2019-2030) & (USD/Unit)

Figure 27. North America Traction Inverters for Electric Vehicles Sales Value (2019-2030) & (US$ Million)

Figure 28. North America Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

Figure 29. Europe Traction Inverters for Electric Vehicles Sales Value (2019-2030) & (US$ Million)

Figure 30. Europe Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

Figure 31. Asia Pacific Traction Inverters for Electric Vehicles Sales Value (2019-2030) & (US$ Million)

Figure 32. Asia Pacific Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

Figure 33. South America Traction Inverters for Electric Vehicles Sales Value (2019-2030) & (US$ Million)

Figure 34. South America Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

Figure 35. Middle East & Africa Traction Inverters for Electric Vehicles Sales Value (2019-2030) & (US$ Million)

Figure 36. Middle East & Africa Traction Inverters for Electric Vehicles Sales Value by Country (%), 2023 VS 2030

Figure 37. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Value (%), (2019-2030)

Figure 38. Key Countries/Regions Traction Inverters for Electric Vehicles Sales Volume (%), (2019-2030)

Figure 39. United States Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 40. United States Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 41. United States Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 42. Europe Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 43. Europe Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 44. Europe Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 45. China Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 46. China Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 47. China Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 48. Japan Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 49. Japan Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 50. Japan Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 51. South Korea Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 52. South Korea Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 53. South Korea Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 54. Southeast Asia Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 55. Southeast Asia Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 56. Southeast Asia Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 57. India Traction Inverters for Electric Vehicles Sales Value, (2019-2030) & (US$ Million)

Figure 58. India Traction Inverters for Electric Vehicles Sales Value by Type (%), 2023 VS 2030

Figure 59. India Traction Inverters for Electric Vehicles Sales Value by Application (%), 2023 VS 2030

Figure 60. Traction Inverters for Electric Vehicles Industrial Chain

Figure 61. Traction Inverters for Electric Vehicles Manufacturing Cost Structure

Figure 62. Channels of Distribution (Direct Sales, and Distribution)

Figure 63. Bottom-up and Top-down Approaches for This Report

Figure 64. Data Triangulation

Figure 65. Key Executives Interviewed

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