A propulsion inverter is a control device that converts vehicle power into the appropriate type of power to drive the traction motors.
This report contains market size and forecasts of Propulsion Inverter in global, including the following market information:
Global Propulsion Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Propulsion Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Propulsion Inverter companies in 2021 (%)
The global Propulsion Inverter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
400V Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Propulsion Inverter include Toyo Denki, Phi-Power, Cascadia Motion, Toshiba, American Traction Systems, FEV Group, Končar-Electronics and Informatics, AC Propulsion and BorgWarner, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Propulsion Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Propulsion Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Propulsion Inverter Market Segment Percentages, by Type, 2021 (%)
400V
800V
Others
Global Propulsion Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Propulsion Inverter Market Segment Percentages, by Application, 2021 (%)
Automobile
Train
Subway
Ship
Others
Global Propulsion Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Propulsion Inverter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Propulsion Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Propulsion Inverter revenues share in global market, 2021 (%)
Key companies Propulsion Inverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Propulsion Inverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Toyo Denki
Phi-Power
Cascadia Motion
Toshiba
American Traction Systems
FEV Group
Končar-Electronics and Informatics
AC Propulsion
BorgWarner
Delphi Technologies
Dana Incorporated
Integral Powertrain
Fuji Electric
Wärtsilä
Wright Electric
Power Tech
Mitsubishi Electric
Danfoss