Freelancer Global Market Research Report Automotive Power Electronics Market research
The Traditional automobile was established more than a century ago. Over the decades, the
automobile sector has constantly evolved from being mainly a matter of heavy mechanical
systems to the integration of mechanical systems along with electronic controls. The main
reason of this advancement is the emergence of power electronics technology and its
possible incorporation at various levels in a vehicle. A basic application of power electronics
is to control engines which are designed in the automotive for proper controlling and
conversion of power. Power electronics technology helps in the efficient conduction and
control of electric power in a vehicle.
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From November 2014, the European General Safety Regulation (EC) No 661/2009 mandates
several new safety features for new passenger cars and commercial vehicles. In addition to
the existing mandate of Electronic Stability Control (ESC) systems, new manufactured cars
will essentially have Tire Pressure Monitoring Systems (TPMS), gear shift indicators, and
driver seatbelt reminders.
These new and enhanced safety features will need additional power electronic components
to be deployed in each vehicle. From November 2015, in Europe, according to the
regulation, all new trucks and buses are to be equipped with Advanced Emergency Braking
(AEB) along with Lane Departure Warning Systems (LDWS), which will also require power
electronics for their operation. On the other hand, complex design and integration process
for advanced technology devices impacts the adoption of new technologies in developing
countries. These factors are likely to inhibit the growth of the power electronics market for
automotive.
Top Key Players:-
Continental AG
Fuji Electric Co. Ltd.
Infineon Technologies
NXP Semiconductors
Robert Bosch GmbH
Rohm Semiconductor
Renesas Electronics
Texas Instrument Incorporated
Toshiba Corporation
Vishay Intertechnology
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Power--Electronics--Market-Analysis-and-Forecasts-to-2025
The study also provides information for recent merger and acquisition deals happened in
the market. Moreover, the report also includes growth strategies and entry barriers to be