Global Automotive On-board Power Inverters Market Insights, Size, Share, Trend and Forecast 2018-2025
According to Ameco Research, the Global Automotive On-board Power Inverters Market is projected to grow at progressing CAGR of around 3.0% over the forecast period and market size will reach worth around 283 Million US$ in 2018-2025
A power inverter, or inverter, is an electronic device or circuitry that changes direct current (DC) to alternating current (AC).
At present, the manufacturers of automotive on-board power inverter are concentrated in North America, Europe and China. The market is a relative concentrated market; key players includes Magnum Dimensions, NFA, ROADPRO, Bestek, Philips, Cobra, Stanley, Ampeak, Cotek, Whistler, Ozio, Schumacher, Samlex America, Power Bright, ERAYAK. The revenue of top ten manufacturers accounts about 70% of the total revenue in 2017.
The global average price of automotive on-board power inverter is in the decreasing trend, from 22.7 USD/Unit in 2013 to 20.9 USD/Unit in 2017. The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The automotive on-board power inverters are mainly used by passenger cars and commercial vehicles. The dominated application is passenger car.
Global Automotive On-board Power Inverters market size will reach 283 million US$ by 2025, from 230 million US$ in 2018, at a progressing CAGR of 3.0% during the forecast period.
In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive On-board Power Inverters.
This industry study presents the global Automotive On-board Power Inverters market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive On-board Power Inverters production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive On-board Power Inverters in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Magnum Dimensions, NFA, etc.
The following manufacturers are covered in this report:
Automotive On-board Power Inverters Breakdown Data by Type
Less Than 300 W
Over 300 W
Automotive On-board Power Inverters Breakdown Data by Application
Automotive On-board Power Inverters Production by Region
Automotive On-board Power Inverters Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa