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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
For AC motor driving activities, the most recent power electronics in electric vehicle propulsion are used in the form of a resonant DC-link inverter.

These resonant dc-link inverters can provide a zero-voltage switching (ZVS) or zero-current switching (ZCS) situation depending on whether they feature a parallel or series resonant circuit.
It makes it easier for the inverter to run in soft-switching mode, which lowers switching losses and boosts efficiency.
To ensure zero turn-on voltage, the load can be swung to the opposing rail with the aid of the auxiliary circuit.
Due to load current restrictions, it is exceedingly challenging to guarantee zero turn-on voltage if the auxiliary circuit is excluded.
The Spain 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.
With funding from investors such as Kleiner Perkins and Google Ventures, Transphorm, a business that came out of stealth with aspirations to develop energy-efficient power electronics, has introduced its first product: gallium nitride power diodes that can be integrated into power converters of an electric vehicle.
The business is showcasing its product at the Applied Power Electronics Conference (APEC) in a power converter (DC to DC conversion) that has a 99 percent efficiency rate.
All electronics in an EV must have power diodes, which are constructed of silicon, a semiconductor substance that conducts electrons only in one direction.
The semiconductor gallium nitride, which is used in Transphorm's power diodes, can, according to the manufacturer, reduce up to 90% of all electric conversion losses in an EV.
| 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 |