Power electronics is an engineering study of converting electrical power from one form to another. The world- wide average rate of 12 billion kilowatts every hour of every day of every year, more than 80% of the power generated is being reprocessed or recycled through some form of power electronic systems. A lot of energy is wasted during this power conversion process due to low power conversion efficiency. It is therefore very important to improve the efficiency of these power conversion systems. With the extensive use of efficient and cost-effective power electronics technology across the globe, the energy consumption is expected to reduce up to 35% during the forecast period. The scope of the report discusses the potential opportunities for the market players to enter the global power electronics for electric vehicle market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key area of investment. The report includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.

INTRODUCTION 

EXECUTIVE SUMMARY 

MARKET OVERVIEW 

GLOBAL POWER ELECTRONICS FOR ELECTRIC VEHICLE MARKET, BY APPLICATION

POWER ELECTRONIC FOR ELECTRIC VEHICLE MARKET, BY END USE 

POWER ELECTRONIC FOR ELECTRIC VEHICLE MARKET