Global Highway Vehicle Power Electronics Market 2022-2027
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Global Highway Vehicle Power Electronics Market 2022-2027

Last Updated:  Apr 25, 2025 | Study Period: 2022-2027

GLOBAL HIGHWAY VEHICLE POWER ELECTRONICS MARKET

 

 

INTRODUCTION

 

Power is converted from one form to another by semiconductor switches and regulatory systems, resulting in controlled and regulated energy.

 

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Although switched-mode power supplies are a popular application of power devices wherein energy capacity, dependability, as well as economy are key, motor control is becoming increasingly electrified as transport systems become more electrified.

 

For power control operations, precision control and efficiency are essential. For power management applications, precision control and reliability are essential.

 

 

GLOBAL HIGHWAY VEHICLE POWER ELECTRONICS MARKET DEVELOPMENTS AND INNOVATIONS

 

Wearable technology, qualities and characteristics, sensors, IoT devices, and a large array of wearable electronics, such as mobile phones and other portable electronics, all benefit from low power ICs' high efficiency and compact form factor.

 

In addition to DC-to-DC conversion, battery charging, and voltage scaling, power ICs are employed in a variety of sectors. As a result, throughout the projection period, the market for power ICs is predicted to hold the greatest share of the market.

 

Apart from that, it's used in automobiles to provide electric power steering, interior illumination, brake systems, seat control, and central body control.

 

This, together with the rising desire for safe, comfortable, and intelligent vehicles with integrated entertainment systems, is fuelling market expansion.

 

Furthermore, the use of power electronics in off-the-road (OTR) vehicles is increasing due to increased construction and mining activities.

 

It's also gaining some traction in the defence, aerospace, including spaceship industries around the world, where it's being used to power and control aeroplanes, satellites, missiles, space shuttles, and unmanned drones (UAVs). 

 

 

COMPETITIVE LANDSCAPE

 

Power systems is a solid-state electronics application in which electric power is transformed from one form to another and successfully and managed effectively.

 

Such technologies are utilised in a variety of industries, including automotive and transportation, commercial, sustainable sources, consumer electronics, defence and aerospace, and consumer electronics.

 

For the time being, silicon is the preferred substrate for the overwhelming bulk of semiconductor chips. Low-power applications and operations which do not necessitate a wide bandgap are indeed suitable for silicon-based battery technology. 

 

Robert Bosch is a leading mobiliser of the IC modules in the market. The latest integration has been to provide in passenger automobiles and light commercial vehicles for on-demand management of the electric drivetrain.

 

It is in charge of controlling the electric motor and connecting it to the high-voltage battery. Bosch power electronics components improve the efficiency of the electric propulsion system, associated with a longer electric driving range.

 

They enables the first generation of eAxles used during vehicle large scale production to reach a system efficiency.

 

Actia Inc. is part of the component manufacture trending companies in the current industry. Its technology has been utilized in Transportation and Intelligent Transportation are not just associated with power management, which ensures installation uptime by ensuring spare parts are accessible.

 

Analysing outmoded parts in the absence of specified spares and equipment maintainability as measured by the ability to repair installed equipment appropriately. On a priority basis, a preparatory repair study is performed on outmoded parts.

 

 

COMPANIES PROFILED

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
18Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
19Market Segmentation, Dynamics and Forecast by Application, 2022-2027
20Market Segmentation, Dynamics and Forecast by End use, 2022-2027
21Product installation rate by OEM, 2022
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2022
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix