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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
Any hybrid or electric vehicle has to have power electronic systems. With the exception of certain bicycles and micro hybrids, all of these vehicles need a high-voltage power network with a voltage exceeding 60 V in addition to the conventional 14 V network.

For safety purposes, the low-voltage net and vehicle chassis must be electrically separated from this high-voltage power net.
A traction drive inverter and electrical energy storage are required components of a high-voltage vehicle power network. However, there are a variety of very distinct vehicle ideas that incorporate additional high-voltage power electronic subsystems, such as inverters and DC/DC converters for powering a low-voltage net.
For instance, an electric air conditioning compressor, water or oil pumps, DC/DC converters for traction bus voltage stabilization, or AC/DC converters as uni- or bidirectional vehicle-to-grid connections.
The South Africa EV Power electronics market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
High-power rectifiers and converters from ABB offer the greatest availability and productivity. With a focus on employee safety, ABB, a leading global provider of DC rectifiers or AC converters for every industrial application, has the knowledge and technological know-how to meet your exacting standards.
DC current in the range of 5,000 to 550,000 A is provided as a single unit or in multiple units by medium current (MCR) and high current rectifiers (HCR). They have created a new converter called SAS1000 for AC electric arc furnaces based on Hatch Ltd.'s SPLC technology to increase the efficiency of AC furnaces.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |