North America Electric Vehicle Power Inverter Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers North American EV Inverter Manufacturers and is Segmented by Propulsion Type (Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle, Battery Electric Vehicle, and Fuel Cell Electric Vehicle), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (United States, Canada, and the Rest of North America). The Market Size and Forecast for North American Electric Vehicle Power Inverters are Provided in Terms of Value (USD Million) for all the Above Segments.

North America Electric Vehicle Power Inverter Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

North America Electric Vehicle (EV) Power Inverter Industry Overview

The North American electric vehicle power inverter market is consolidated and led by globally and regionally established players. The companies adopt new product launches, collaborations, and mergers to sustain their market positions. For instance

In October 2023, GKN Automotive announced its expansion of the US operations with a new aftermarket warehouse in Dallas–Fort Worth. According to DeLand, an inverter team in the United States is extremely important to address the needs of the North American market.

Some of the major players in the market include Continental AG, Robert Bosch, Denso Corp., Toyota Industries Corporation, Hitachi Automotive Systems Ltd, and Mitsubishi Electric Corporation.

North America Electric Vehicle (EV) Power Inverter Market Leaders

  1. Continental AG

  2. Robert Bosch GmbH

  3. Denso Corp.

  4. Toyota Industries Corporation

  5. Hitachi Automotive Systems Ltd

  6. *Disclaimer: Major Players sorted in no particular order
North America Electric Vehicle Power Inverter Market Concentration