Infinity Market Research
Infinity Market Research

Global Electric Vehicle Power Converter Market Growth 2025-2031


Sep 2025

Semiconductor and Electronics

Pages: 109

LPI6924

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The global Electric Vehicle Power Converter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.


Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.


Infinity Market Research newest research report, the Electric Vehicle Power Converter Industry Forecast looks at past sales and reviews total world Electric Vehicle Power Converter sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Power Converter sales for 2025 through 2031. With Electric Vehicle Power Converter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicle Power Converter industry.


This Insight Report provides a comprehensive analysis of the global Electric Vehicle Power Converter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vehicle Power Converter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Electric Vehicle Power Converter market.


This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle Power Converter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vehicle Power Converter.


This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Power Converter market by product type, application, key manufacturers and key regions and countries.


Segmentation by Type:


    Isolated DC-DC Converter
    Non-Isolated DC-DC Converter


Segmentation by Application:


    Passenger Vehicle
    Bus
    Special Vehicles


This report also splits the market by region:


    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries


The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.


    Hella
    Eaton
    Toyota
    Robert Bosch
    EGTRONICS
    REFIRE
    Beijing SinoHytec
    Shinry Technologies
    BorgWarner
    Deutronic Elektronik
    Vitesco Technologies
    Schumacher Electric
    LITE-ON Technology
    Danfoss
    SolarEdge


Key Questions Addressed in this Report


What is the 10-year outlook for the global Electric Vehicle Power Converter market?
What factors are driving Electric Vehicle Power Converter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Vehicle Power Converter market opportunities vary by end market size?
How does Electric Vehicle Power Converter break out by Type, by Application?


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