Automotive Power Electronics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Automotive Power Electronics Market Companies and it is segmented by Device Type (Power IC, Module, and Discrete), Application Type (Body Electronics, Safety and Security Electronics, and Powertrain), Drive Type (IC Engine Vehicle and Electric Vehicle), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (North America, Europe, Asia-Pacific, and Rest of the world). The Report offers market size and forecast for the automotive power electronics market on the basis of value (USD billion) for all the above segments.

Automotive Power Electronics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Power Electronics Industry Overview

The automotive power electronics market is moderately consolidated, with major players dominating the market. Companies are focusing on expanding their product portfolio and are investing in R&D activities to develop advanced products. For instance,

  • In May 2022, STMicroelectronics collaborates with Microsoft to streamline the development of highly secure IoT devices.
  • In March 2020, Infineon Technologies launched new packages for its 80 V and 100 V MOSFETs with OptiMOSā„¢ 5 technology to meet the different requirements of different 48 V applications.

Some major companies dominating the automotive power electronics market include NXP Semiconductors, Infineon Technologies AG, Texas Instruments Incorporated, Renesas Electronics Corporation, and STMicroelectronics.

Automotive Power Electronics Market Leaders

  1. NXP Semiconductors

  2. Infineon Technologies AG

  3. Texas Instruments Incorporated

  4. Renesas Electronics Corporation

  5. STMicroelectronics

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Power Electronics Market Concentration

Automotive Power Electronics Market Report Snapshots

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