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The Automotive Power Modules Market Size was valued at USD 5.92 billion in 2023 and is expected to reach USD 28.02 billion by 2032 and grow at a CAGR of 18.88% over the forecast period 2024-2032.
The auto power modules market is gaining momentum, supported by a multitude of key factors. Electrification is the main indicator, with the growing EVs and HEVs segments asking for compact and efficient power electronics. This change is evident from the 60-70% share of these vehicles in the overall power module consumption. Moreover, the advanced driver assistance system (ADAS) and autonomous driving technologies integration are meeting the need for power modules, which accounts for approximately 20-25% of the market. Stringent emission norms worldwide are forcing car manufacturers to provide fuel-efficient solutions, where power modules will go a long way in engine performance optimization. This factor makes up for approximately 10-15% of the market demand.
It becomes exposed to the global electrification trend. It is expected that, by 2030, some 75% of new vehicle sales will be electric or hybrid, which highly increases demand for these components. Again, increasing electrification of the power train requires higher power density and efficiency in the power modules. SiC technology and GaN come into the forefront; it is envisaged that, in 2025, 30% of the market share will be covered by SiC-based modules due to their enhanced thermal management systems and switching capabilities. Advanced thermal management systems should also form an integral part of a module to optimize its performance, with liquid cooling coming up as one of the preferred methods. As autonomous driving technology further matures, the demands made on the power modules will become strong and reliable since they have a critical role in ascertaining safe and efficient operation for vehicle systems.
MARKET DYNAMICS:
KEY DRIVERS:
The global expansion of EV charging infrastructure is anticipated to promote the market forward.
Consumer preference is shifting towards electric vehicles (EVs), driving up demand. This growth is fueled by expanding EV infrastructure like charging stations, easing concerns about range and performance. Furthermore, government programs promoting EVs in public and commercial fleets are expected to further increase demand. This surge in EVs will create a strong need for the essential components -automotive power modules-throughout the forecast period.
Government incentives make EVs cheaper, leading to more EV sales and a higher need for power modules.
RESTRAINTS:
Building powerful new power modules requires a lot of R&D money.
The development of power modules presents a financial hurdle for the market. Significant investment is needed for research and development to meet stringent performance, efficiency, and safety standards. Manufacturing adds another layer of cost due to the complex processes and specialized facilities required, particularly for modules using the latest semiconductor technology. Stringent quality control further adds to the expense. While high-quality materials and components enhance performance and reliability, they also contribute to the high upfront cost.
KEY MARKET SEGMENTS:
Automotive Power Modules Market By Module Type:
Intelligent Power module is the dominating sub-segment in Automotive Power Modules Market by module type due to their superior performance and advanced features. They integrate a dedicated control circuit with the standard IGBT chip, enabling more efficient power delivery and extraction. Moreover, IPMs boast built-in protection features like short-circuit, undervoltage, and overheating safeguards, enhancing overall system reliability. As the IGBT market itself flourishes, the demand for IPMs, which leverage this technology, is expected to follow suit.
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Automotive Power Modules Market By Propulsion:
Electric vehicles is the dominating sub-segment in Automotive Power Modules Market by propulsion. Power modules play a vital part in EVs, dealing with high-voltage power conversion in critical components like footing inverters, on-board chargers, and DC-DC converters. As the EV market proceeds its development, the demand for power modules particularly planned for electric vehicles is anticipated to reflect this trajectory.
Automotive Power Modules Market By Vehicle Type:
Passenger cars is the dominating sub-segment in Automotive Power Modules Market by vehicle type. This dominance is likely to proceed further in the future. In any case, the commercial vehicle segment is expected to experience significant development in the coming years. As governments and companies progressively prioritize sustainability, the adoption of electric buses, trucks, and other commercial EVs is anticipated to accelerate, possibly posturing a challenge to passenger car dominance in the long term.
The Asia Pacific region dominates the Automotive Power Modules Market, holding the largest share. It boasts the rising automotive industry with high vehicle production rates, particularly for EVs. The region is a major hub for automotive power module manufacturers, further solidifying its dominance.
Europe holds the second-largest market share. Stringent government regulations promoting clean energy and a growing preference for EVs are driving market growth in this region.
The North America is experiencing the rapid growth with its significant investments in EV technology and growing adoption of electric vehicles. Government incentives and increasing public interest in EVs are expected to drive the North American market forward at a rapid pace.
KEY PLAYERS:
The major key players are Continental AG (Germany), STMicroelectronics (Switzerland), Fuji Electric Co. (Japan), Infineon Technologies (Germany), ON Semiconductor (US), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), and Rohm Semiconductor (Japan) are other key players.
In October 2022- BMW committed $1.7 billion to boost electric vehicle production in the US. This includes upgrading their South Carolina plant and building a nearby battery assembly facility. Additionally, they secured battery cell supplies through a partnership with Envision AESC.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 5.92 Billion |
Market Size by 2032 | US$ 28.02 Billion |
CAGR | CAGR of 18.88% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Module Type (Intelligent Power Module, Power Integrated Module) • By Propulsion (Electric vehicles, ICE Vehicles) • By Vehicle Type (Passenger Cars, Commercial Vehicles) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Continental AG (Germany), STMicroelectronics (Switzerland), Fuji Electric Co. (Japan), Infineon Technologies (Germany), ON Semiconductor (US), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Renesas Electronics Corporation (Japan), NXP Semiconductors (Netherlands), Toshiba Corporation (Japan), and Rohm Semiconductor (Japan) |
Key Drivers | • The global expansion of EV charging infrastructure is anticipated to propel the market forward. • Government incentives make EVs cheaper, leading to more EV sales and a higher need for power modules. |
RESTRAINTS | • Building powerful new power modules requires a lot of R&D money. |
Ans: The expected CAGR of the global Automotive Power Modules Market during the forecast period is 18.88%.
Ans: The Automotive Power Modules Market was valued at USD 23.61 billion in 2023.
Ans: The growth is driven by the increasing demand for electric vehicles (EVs) which require power modules for high-voltage power conversion.
Ans: The high R&D costs required to develop advanced power modules is a major restraint.
Ans: The Asia Pacific region dominates the market due to its rising automotive industry and presence of key manufacturers.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Vehicle Production and Sales Volumes, 2020-2032, by Region
5.2 Emission Standards Compliance, by Region
5.3 Vehicle Technology Adoption, by Region
5.4 Consumer Preferences, by Region
5.4 Aftermarket Trends (Data on vehicle maintenance, parts, and services)
6. Competitive
Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Automotive Power Module Market Segmentation, by Module Type
7.1 Chapter Overview
7.2 Intelligent Power module
7.2.1 Intelligent Power module Market Trends Analysis (2020-2032)
7.2.2 Intelligent Power module Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Power Integrated module
7.3.1 Power Integrated module Market Trends Analysis (2020-2032)
7.3.2 Power Integrated module Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Automotive Power Module Market Segmentation, by Propulsion
8.1 Chapter Overview
8.2 Electric vehicles
8.2.1 Electric vehicles Market Trends Analysis (2020-2032)
8.2.2 Electric vehicles Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Body & Structure
8.3.1 ICE vehicles Market Trends Analysis (2020-2032)
8.3.2 ICE vehicles Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Automotive Power Module Market Segmentation, by Vehicle Type
9.1 Chapter Overview
9.2 Passenger Cars
9.2.1 Passenger Cars Market Trends Analysis (2020-2032)
9.2.2 Passenger Cars Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Commercial Vehicles
9.3.1 Commercial Vehicles Market Trends Analysis (2020-2032)
9.3.2 Commercial Vehicles Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.2.3 North America Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.2.4 North America Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.2.5 North America Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.2.6.2 USA Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.2.6.3 USA Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.2.7.2 Canada Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.2.7.3 Canada Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.2.8.3 Mexico Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.1.6.3 Poland Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.1.7.3 Romania Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.1.10 Rest Of Eastern Europe
10.3.1.10.1 Rest Of Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest Of Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.1.10.3 Rest Of Eastern Europe Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.5 Western Europe Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.6.3 Germany Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.7.2 France Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.7.3 France Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.8 Uk
10.3.2.8.1 Uk Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.8.2 Uk Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.8.3 Uk Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.9.3 Italy Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.10.3 Spain Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.13.3 Austria Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.3.2.14 Rest Of Western Europe
10.3.2.14.1 Rest Of Western Europe Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest Of Western Europe Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.3.2.14.3 Rest Of Western Europe Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.5 Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.6.2 China Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.6.3 China Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.7.2 India Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.7.3 India Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.8.2 Japan Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.8.3 Japan Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.9.3 South Korea Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.10.3 Vietnam Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.11.3 Singapore Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.12.2 Australia Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.12.3 Australia Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.4.13 Rest Of Asia Pacific
10.4.13.1 Rest Of Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.4.13.2 Rest Of Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.4.13.3 Rest Of Asia Pacific Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5 Middle East And Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.1.5 Middle East Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.1.6 Uae
10.5.1.6.1 Uae Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.1.6.2 Uae Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.1.6.3 Uae Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.1.10 Rest Of Middle East
10.5.1.10.1 Rest Of Middle East Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest Of Middle East Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.1.10.3 Rest Of Middle East Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.5.2.3 Africa Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.2.4 Africa Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.2.5 Africa Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.5.2.8 Rest Of Africa
10.5.2.8.1 Rest Of Africa Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest Of Africa Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.5.2.8.3 Rest Of Africa Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Automotive Power Module Market Estimates And Forecasts, By Country (2020-2032) (USD Billion)
10.6.3 Latin America Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.6.4 Latin America Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.6.5 Latin America Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.6.6.3 Brazil Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.6.7.3 Argentina Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.6.8.3 Colombia Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
10.6.9 Rest Of Latin America
10.6.9.1 Rest Of Latin America Automotive Power Module Market Estimates And Forecasts, By Module Type (2020-2032) (USD Billion)
10.6.9.2 Rest Of Latin America Automotive Power Module Market Estimates And Forecasts, By Propulsion (2020-2032) (USD Billion)
10.6.9.3 Rest Of Latin America Automotive Power Module Market Estimates And Forecasts, By Vehicle Type (2020-2032) (USD Billion)
11. Company Profiles
11.1 Continental AG
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 SWOT Analysis
11.2 STMicroelectronics
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 Fuji Electric Co.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Infineon Technologies
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 ON Semiconductor
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 Mitsubishi Electric Corporation
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Robert Bosch GmbH
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 Renesas Electronics Corporation
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 NXP Semiconductors
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Others
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Module Type:
Intelligent Power module
Power Integrated module
By Propulsion:
Electric vehicles
ICE vehicles
By Vehicle Type:
Passenger cars
Commercial vehicles
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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