Automotive Power Electronics Market Size worth $4.7 billion by 2025, at a CAGR of 4.7%
The global automotive power electronics market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%.
The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to carbon emissions and vehicle safety are some of the key factors that will drive the market for automotive power...
Automotive Power Electronics Market Size, Report, Share, Trends 2025
The global automotive power electronics market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%.
The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to carbon emissions and vehicle safety are some of the key factors that will drive the market for automotive power...
Automotive Power Electronics Market Size, Share, Growth, Report 2025
The global Automotive Power Electronics Market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%. Compliance with upcoming safety, vehicle emission mandates and increasing demand for vehicle connectivity, infotainment and powertrain electrification will drive the market for automotive power electronics.
The increasing electronics content...
Automotive Power Electronics Market Projected to reach 4.7 billion by 2025
The global Automotive Power Electronics Market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%. Compliance with upcoming safety, vehicle emission mandates and increasing demand for vehicle connectivity, infotainment and powertrain electrification will drive the market for automotive power electronics.
The increasing electronics content...
What are the current and future trends in the automotive power electronics market?
The global Automotive Power Electronics
Market is projected to reach USD 4.7 billion by 2025, from USD
3.8 billion in 2020, at a CAGR of 4.7%. The growth of the market is driven by
the growing demand for added infotainment, telematics, convenient features and
stringent safety mandates for a safer driving experience. The automotive power
electronics market has promising growth potential due to several...
Automotive Power Electronics Market Booming by Rising Trend of Vehicle Electrification
The Automotive
Power Electronics Market is expected to reach USD 5.49 billion by 2022, at
a CAGR of 4.48% between 2017 and 2022. The most significant factor driving the
automotive power electronics market is the increasing vehicle production which,
in turn, is leading to the rise in demand for the installation of power
electronic components in the automobiles. The rising trend of vehicle electrification
and...