The global demand for Automotive Power Electronics Market is presumed to reach the market size of nearly USD 8.36 BN by 2030 from USD 5.36 BN in 2022 with a CAGR of 5.7% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX Million Units in 2022 and forecast to touch XX Million Units by 2030 with a CAGR of XX% during 2023-2030.
Automotive power electronics refers to a specialized electronics branch that deals with controlling and converting electrical energy in automotive systems. It involves designing, developing, and implementing electronic devices and circuits that manage modern vehicles' power flow and distribution. It assists in improving vehicle efficiency, performance, and safety.
Market Dynamics
The increasing electric and hybrid vehicles demand has led to a surge in the adoption of automotive power electronics, which are essential for managing power flow, battery charging, and motor control in electric drivetrains. Stringent emission regulations and fuel economy standards have further accelerated the market's growth as automotive power electronics play a vital role in meeting these requirements. The development of autonomous driving technologies relies heavily on power electronics for sensor control, data processing, and actuation, contributing to market expansion. Consumer demand for advanced features such as infotainment systems, ADAS, and connected technologies has driven the need for sophisticated power electronics. The focus on fuel efficiency, government incentives for vehicle electrification, and efforts to reduce power electronics costs have further propelled market growth. Collaborations between automotive manufacturers, power electronics suppliers, and technology companies have facilitated the integration of advanced power electronics into vehicles. The market is expected to continue growing as electrification, autonomous driving, and safety concerns continue to shape the automotive industry.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive power electronics. The growth and trends of Automotive Power Electronics Industry provide a holistic approach to this study.
Market Segmentation
This section of the automotive power electronics market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Device
- Power IC
- Power Module Discrete
By Application
- ADAS & Safety
- Body Control & Comfort
- Infotainment
- Telematics
- Engine Management & Powertrain
- Battery Management
By Component
By Material
- Silicon
- Silicon Carbide
- Gallium Nitride
- Others
By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
By Electric Vehicle
- Battery Clectric Vehicles (BEV
- Plug-In Hybrid Electric Vehicle (PHEV)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Automotive Power Electronics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Automotive Power Electronics Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive power electronics market include Robert Bosch (Germany) Continental AG (Germany), Infineon (Germany), STMicroelectronics (Switzerland), ON Semiconductor (US) NXP Semiconductor (Netherlands), Danfoss, (Denmark) and Vishay TUS). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.